PUBLISHER: Grand View Research | PRODUCT CODE: 1790162
PUBLISHER: Grand View Research | PRODUCT CODE: 1790162
U.S. Copper Market Size, Share & Trends Analysis Report By Type (Primary Copper, Secondary Copper), By Product (Wire, Rods, Bars & Sections, Tube, Foil), By End Use, And Segment Forecasts, 2025 - 2030
U.S. Copper Market Summary
The U.S. copper market size was estimated at USD 14.39 billion in 2024 and is projected to reach USD 19.68 billion by 2030, growing at a CAGR of 6.0% from 2025 to 2030. Copper plays a vital role in U.S. infrastructure, valued for its excellent electrical conductivity and resistance to corrosion.
It is widely used in building wiring, plumbing, roofing, and various structural components. For decades, copper has been essential in the production of telecommunications equipment, electric vehicles, and power distribution systems, making it a cornerstone of modern technological and infrastructure development.
Copper is one of the oldest metal used and has played a big role in the growth of civilization. With properties such as being easy to shape, a great conductor of heat and electricity, and rust-resistant, copper has become one of the most important industrial metal after iron and aluminum. The drivers for the U.S. copper industry is the shift toward electrification, such as electric vehicles, renewable energy infrastructure, and energy storage, which significantly increases copper usage due to its critical role in electrical systems. These factors shape a complex and evolving copper market in the U.S.On the supply side, domestic copper production from major mines such as Morenci and Kennecott is crucial, and also recycled copper makes up a significant portion of the market.
The U.S. copper industry plays a vital role in the national economy, supporting over 395,000 jobs and contributing more than USD 160 billion in economic output. It directly employs around 65,000 workers and supports an additional 330,000 indirectly, generating over USD 77 billion in direct and USD 83 billion in indirect economic output. The U.S. ranked 5th globally in copper mine production, contributing 6% of global output in 2020, while its consumption of refined copper reached 1.77 million tons that yea . Copper, being good at carrying electricity, is widely used in electric wires and cables, making it a key part of energy technologies such as wind turbines, solar panels, batteries, and power grids. As these technologies grow, the need for copper is expected to increase over the years.
U.S. Copper Market Report Segmentation
This report forecasts revenue growth at country level and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the U.S. copper market report based on type, product, and end-use:
- Type Outlook (Volume in Kilo Tons, Revenue, USD Million, 2018 - 2030)
- Primary
- Secondary
- Product Outlook (Volume in Kilo Tons, Revenue, USD Million, 2018 - 2030)
- Wire
- Rods, Bars & Sections
- Flat Rolled Products
- Tube
- Foil
- End Use Outlook (Volume in Kilo Tons, Revenue, USD Million, 2018 - 2030)
- Industrial Equipment
- Transport
- Infrastructure
- Building Construction
- Consumer & General Products
- Others
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. U.S. Copper Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Regulatory Framework (regulations given)
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Industry Challenges
- 3.4.4. Industry Opportunities
- 3.5. Industry Analysis Tools
- 3.5.1. Porter's Five Forces Analysis
- 3.5.2. Macro-environmental Analysis
Chapter 4. U.S. Copper Market: Type estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. U.S. Copper Market: Type Movement Analysis & Market Share, 2024 & 2030
- 4.3. Primary
- 4.3.1. Primary Copper Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 4.4. Secondary
- 4.4.1. Secondary Copper Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Chapter 5. U.S. Copper Market: Product Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. U.S. Copper Market: Product Movement Analysis & Market Share, 2024 & 2030
- 5.3. Wire
- 5.3.1. Copper Wire Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.4. Rods, Bars & Sections
- 5.4.1. Copper Rods, Bars & Sections Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.5. Flat Rolled Products
- 5.5.1. Copper Flat Rolled Products Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.6. Tube
- 5.6.1. Copper Tube Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.7. Foil
- 5.7.1. Copper Foil Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Chapter 6. U.S. Copper Market: End Use Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. U.S. Copper Market: End Use Movement Analysis & Market Share, 2024 & 2030
- 6.3. Industrial Equipment
- 6.3.1. Copper Industrial Equipment Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.4. Transport
- 6.4.1. Copper Transport Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.5. Infrastructure
- 6.5.1. Copper Infrastructure Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.6. Building Construction
- 6.6.1. Copper Building Construction Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.7. Consumer & General Products
- 6.7.1. Consumer & General Copper Products Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.8. Other
- 6.8.1. Other Copper Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Chapter 7. U.S. Copper Market - Competitive Landscape
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Company Categorization
- 7.3. Company Heat Map
- 7.4. Position Analysis, 2024
- 7.5. Strategy Mapping
- 7.5.1. Expansion
- 7.5.2. Mergers & Acquisition
- 7.5.3. Partnerships & Collaborations
- 7.5.4. New Product Launches
- 7.5.5. Research and Development
- 7.6. Company Profiles
- 7.6.1. Freeport-McMoRan Inc.
- 7.6.1.1. Participant's overview
- 7.6.1.2. Financial performance
- 7.6.1.3. Product benchmarking
- 7.6.1.4. Recent developments
- 7.6.2. Aurubis Buffalo Inc.
- 7.6.2.1. Participant's overview
- 7.6.2.2. Financial performance
- 7.6.2.3. Product benchmarking
- 7.6.2.4. Recent developments
- 7.6.3. Mueller Industries, Inc.
- 7.6.3.1. Participant's overview
- 7.6.3.2. Financial performance
- 7.6.3.3. Product benchmarking
- 7.6.3.4. Recent developments
- 7.6.4. Wieland Metals Inc.
- 7.6.4.1. Participant's overview
- 7.6.4.2. Financial performance
- 7.6.4.3. Product benchmarking
- 7.6.4.4. Recent developments
- 7.6.5. Southwire Company, LLC.
- 7.6.5.1. Participant's overview
- 7.6.5.2. Financial performance
- 7.6.5.3. Product benchmarking
- 7.6.5.4. Recent developments
- 7.6.6. Reverse Copper Products, Inc.
- 7.6.6.1. Participant's overview
- 7.6.6.2. Financial performance
- 7.6.6.3. Product benchmarking
- 7.6.6.4. Recent developments
- 7.6.7. Cambridge-Lee Industries LLC
- 7.6.7.1. Participant's overview
- 7.6.7.2. Financial performance
- 7.6.7.3. Product benchmarking
- 7.6.7.4. Recent developments
- 7.6.8. Cerro Flow Products LLC
- 7.6.8.1. Participant's overview
- 7.6.8.2. Financial performance
- 7.6.8.3. Product benchmarking
- 7.6.8.4. Recent developments
- 7.6.9. Hussey Copper Ltd.
- 7.6.9.1. Participant's overview
- 7.6.9.2. Financial performance
- 7.6.9.3. Product benchmarking
- 7.6.9.4. Recent developments
- 7.6.10. ASARCO (Grupo Mexico)
- 7.6.10.1. Participant's overview
- 7.6.10.2. Financial performance
- 7.6.10.3. Product benchmarking
- 7.6.10.4. Recent developments
- 7.6.1. Freeport-McMoRan Inc.
List of Tables
- Table 1 List of abbreviations
- Table 2 U.S. copper market 2018 - 2030 (USD Billion) (Kilo Tons)
- Table 3 U.S. market estimates and forecasts by type, 2018 - 2030 (USD Billion) (Kilo Tons)
- Table 4 U.S. market estimates and forecasts by product, 2018 - 2030 (USD Billion) (Kilo Tons)
- Table 5 U.S. market estimates and forecasts by end use, 2018 - 2030 (USD Billion) (Kilo Tons)
List of Figures
- Fig. 1 Market Research Process
- Fig. 2 Data Triangulation Techniques
- Fig. 3 Primary Research Pattern
- Fig. 4 Market Research Approaches
- Fig. 5 QFD Modeling for Market Share Assessment
- Fig. 6 Information Procurement
- Fig. 7 Market Formulation and Validation
- Fig. 8 Data Validating & Publishing
- Fig. 9 Market Segmentation & Scope
- Fig. 10 U.S. Copper Market Snapshot
- Fig. 11 Segment Snapshot (1/2)
- Fig. 12 Segment Snapshot (1/2)
- Fig. 13 Competitive Landscape Snapshot
- Fig. 14 Parent Market Outlook
- Fig. 15 U.S. Copper Market Value, 2024 (USD Million)
- Fig. 16 U.S. Copper Market - Value Chain Analysis
- Fig. 17 U.S. Copper Market - Market Dynamics
- Fig. 18 U.S. Copper Market - PORTER's Analysis
- Fig. 19 U.S. Copper Market - PESTEL Analysis
- Fig. 20 U.S. Copper Market Estimates & Forecasts, By Type: Key Takeaways
- Fig. 21 U.S. Copper Market Share, By Type, 2024 & 2030
- Fig. 22 Primary Copper Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- Fig. 23 Secondary Copper Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- Fig. 24 U.S. Copper Market Estimates & Forecasts, By Product: Key Takeaways
- Fig. 25 U.S. Copper Market Share, By Product, 2024 & 2030
- Fig. 26 U.S. Copper Market Estimates & Forecasts, in Copper Wire, 2018 - 2030 (Kilo Tons) (USD Million)
- Fig. 27 U.S. Copper Market Estimates & Forecasts, in Copper Rods, Bars & Sections, 2018 - 2030 (Kilo Tons) (USD Million)
- Fig. 28 U.S. Copper Market Estimates & Forecasts, in Copper Flat Rolled Products, 2018 - 2030 (Kilo Tons) (USD Million)
- Fig. 29 U.S. Copper Market Estimates & Forecasts, in Copper Tube, 2018 - 2030 (Kilo Tons) (USD Million)
- Fig. 30 U.S. Copper Market Estimates & Forecasts, in Copper Foil, 2018 - 2030 (Kilo Tons) (USD Million)
- Fig. 31 U.S. Copper Market Estimates & Forecasts, By End Use: Key Takeaways
- Fig. 32 U.S. Copper Market Share, By End Use, 2024 & 2030
- Fig. 33 U.S. Copper Market Estimates & Forecasts, in Industrial Equipment, 2018 - 2030 (Kilo Tons) (USD Million)
- Fig. 34 U.S. Copper Market Estimates & Forecasts, in Transport, 2018 - 2030 (Kilo Tons) (USD Million)
- Fig. 35 U.S. Copper Market Estimates & Forecasts, in Infrastructure, 2018 - 2030 (Kilo Tons) (USD Million)
- Fig. 36 U.S. Copper Market Estimates & Forecasts, in Building Construction, 2018 - 2030 (Kilo Tons) (USD Million)
- Fig. 37 U.S. Copper Market Estimates & Forecasts, in Consumer & General Products, 2018 - 2030 (Kilo Tons) (USD Million)
- Fig. 38 U.S. Copper Market Estimates & Forecasts, in Other Sector, 2018 - 2030 (Kilo Tons) (USD Million)
- Fig. 39 Key Company Categorization
- Fig. 40 Company Market Positioning
- Fig. 41 Strategy Mapping
