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Global Copper Mining Category - Procurement Market Intelligence Report

Global Copper Mining Category - Procurement Market Intelligence Report

About Copper Mining Market

The construction industry consumes around 25% of the total copper produced annually for applications such as heat exchangers in buildings, sprinkler systems, seawater feed lines, cement pumps, and fuel gas distribution pipes. It is also used in making handles, door knobs, locks, hinges, and bathroom fixtures. The growth of the industry can be attributed to robust economic growth in countries in APAC such as India and China. Also, the recent commencement of construction projects in the UAE, Qatar, and Saudi Arabia is driving the global construction industry.

Covered in this report

The report provides actionable insights to improve source-to-contract cycle performance in the Global Copper Mining Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.

SpendEdge’s report, Global Copper Mining Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

Category driver

  • Growth of the construction industry
  • For a full, detailed list, view our report
Category constraints
  • Difficulty in estimating procurement budgets
  • For a full, detailed list, view our report
Procurement best practices
  • Engaging in long-term contracts
  • For a full, detailed list, view our report
Key questions answered in this report
  • What are the market dynamics?
  • What are the key market trends?
  • What are the category growth drivers?
  • What are the constraints to category growth?
  • Who are the suppliers in this market?
  • What are the demand-supply shifts?
  • What are the major category requirements?
  • What are the procurement best practices in this market?


Press Release

SpendEdge Announces the Publication of its Procurement Research Report – Global Copper Mining Category - Procurement Market Intelligence Report 2017-2021.

SpendEdge recognizes the following companies as the key suppliers in the Global Copper Mining Category - Procurement Market Intelligence Report: Glencore, BHP, CODELCO, Freeport-McMoRan, and Rio Tinto.

Commenting on the report, an analyst from SpendEdge said: “A long-term relationship is a key strategy while procuring copper ore or copper from suppliers. Buyers can procure copper at a lower price by negotiating based on the length of the contract.”

According to the report, the growth of the industry can be attributed to robust economic growth in countries in APAC such as India and China. Also, the recent commencement of construction projects in the UAE, Qatar, and Saudi Arabia is driving the global construction industry.

Further, the report states that a key procurement challenge faced by buyers while procuring copper such as constant variations in the prices of copper ore. Prices of copper are consistently changing due to factors such as variations in demand and supply, and volatility in raw material prices. This can lead to buyers facing difficulty in estimating procurement budgets.

Companies Mentioned

Glencore, BHP, CODELCO, Freeport-McMoRan, and Rio Tinto

PART 1: CATEGORY AT A GLANCE
TAKEAWAY 01 | Market Overview
TAKEAWAY 02 | Demand and Supply Snapshot
TAKEAWAY 03 | Key Market Dynamics
TAKEAWAY 04 | Supply Market Highlights
TAKEAWAY 05 | Pricing Insights
TAKEAWAY 06 | Procurement Insights
PART 2: SCOPE OF THE REPORT
Category Definition
Research Methodology
PART 3: MARKET INSIGHTS
Category Spend Analysis
Category Maturity by Regions
Demand-Supply Shifts
Regional Demand-Supply Snapshot
Global Molasses Production Hubs
Market Developments
Regional Impact of Trends
Key Category Growth Drivers and Corresponding Regional Impacts
Major Category Growth Constraints and Corresponding Regional Impacts
Key Current Technological Innovations
Major Regulatory Frameworks
Strategic Sustainability Practices
Porter’s Five Forces
PESTLE Analysis
PART 4: SUPPLY MARKET INSIGHTS
Supplier Operational Capability Matrix
Other Prominent Suppliers by Region: Operational Capability Matrix
Supplier Functional Capability Matrix
Other Prominent Suppliers by Region: Functional Capability Matrix
Key Clients/Partners
Supplier Cost Breakup
Supplier Positioning Matrix
PART 5: PRICING INSIGHTS
Pricing Models Snapshot
Pricing Models – Pros and Cons
Indicative Pricing
PART 6: PROCUREMENT INSIGHTS
Major Category Requirements
Major Procurement Pain Points
Category Sourcing Evolution Matrix
Procurement Best Practices
Cost-saving Opportunities
Supplier Selection Criteria
Category Negotiation Strategies
SLA Terms
Supplier Evaluation Criteria
Category Risk Analysis
PART 7: TOP FIVE SUPPLIERS
Glencore
BHP
CODELCO
Freeport-McMoRan
Rio Tinto
PART 8: APPENDIX
Glossary
Key Notes
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