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Copper Rolling, Drawing & Extruding in the US - Industry Market Research Report

Publisher IBISWorld
Published Jul 14, 2024
Length 87 Pages
SKU # IBSS19023052

Description

Copper Rolling, Drawing & Extruding in the US - Industry Market Research Report


Copper Rolling, Drawing & Extruding in the US

The Copper Rolling, Drawing and Extruding industry sells copper products in varying volumes based on the global price of copper, with revenue generally moving in line with its market price. Optimistic economic conditions caused revenue to grow as residential construction activity grew and the electrical transmission market expanded. Worsening economic conditions slowed demand from the residential construction sector, as high inflation and growing interest rates discouraged real estate activity. Similarly, the nonresidential construction market has struggled to bounce back from pandemic-related losses, harming copper sales. However, serving various markets protects copper processors from demand changes. As a result, revenue is expected to grow at a CAGR of 2.2% to $31.6 billion over the five years to 2023, including a 6.0% drop in 2023 alone.

Companies in this industry purchase refined and scrap copper to produce a range of fabricated products, such as wire, sheet, tubes, pipes, strips and bars, through rolling, drawing and extruding processes. This industry does not include companies that primarily smelt and refine copper or manufacture wire products from purchased wire.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

87 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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