Top Companies Dominating the Global Copper Strips Market

Aurubis AG, KME Germany GmbH, Mitsubishi Materials Corporation, CNMC Albetter Albronze Co., Ltd, and Wieland-Werke AG are the significant players in the global market for copper strips.

As per the analysis by Expert Market Research, the global copper strips market is being aided by the growing refined copper market, which registered a CAGR of 0.9% in the historical period of 2018-2022.

Some of the significant application areas using copper strips on a significant scale are the electrical appliance business and cable television industries. Also, copper is frequently employed in electrical component fabrication. Copper is cheap, ductile, and exhibits excellent heat resistance, making it ideal for use in the electrical sector. In addition, it has a high melting point and is an excellent conductor of heat, as a result of which it is often used in electrical appliances that create much heat. Intelligent grid networks use copper strips to keep electricity transmission and distribution efficient and smooth, resulting in an increasing need for copper strips. These factors are pushing the growth of the copper strips market.

It is anticipated that the demand for copper strips will rise during the forecast period as a result of the growing investments made by many EMEA countries to upgrade current power (energy) infrastructure and build new transmission and distribution networks to meet the rising demand for electricity. This will further propel the market forward.

Adani Enterprises entered the copper sector in March 2021 by incorporating a wholly owned subsidiary, Kutch Copper Limited (KCL). KCL is formed with the intention of carrying out activities relating to the copper industry, such as the production of copper cathodes and copper rods. This may help the copper strips market to grow.

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Top 5 Global Copper Strips Companies:

Aurubis AG

From copper concentrates and recyclable materials, Aurubis extracts and refines copper of the highest purity and grade. They produce more than a million tonnes of commercially viable copper cathodes annually. In copper and copper alloys, they are processed into continuous cast rods, speciality wire, forms, rolled items, strips, and profiles. Additionally, Aurubis produces valuable metals like gold and silver as by-products of producing copper, along with a number of other products like sulphuric acid and iron silicate.

KME Germany GmbH

With eight production facilities located in Germany, France, Italy, China, and the United States, KME is one of the leading producers of copper and copper alloy products worldwide. KME has a global distribution network and is structured into two corporate divisions: COPPER DIVISION (rolling goods) and SPECIAL DIVISION (particular goods).

Mitsubishi Materials Corporation

Mitsubishi Materials Corporation, one of Mitsubishi Group's primary businesses, produces cement, copper, aluminium, electronic components, and cemented carbide tools. These goods are essential to the use and manufacture of automobiles, electrical components, machine tools, consumer electronics, and building of plants and homes. Mitsubishi Materials has many subsidiaries, including Mitsubishi Cable Industries Ltd., Tachibana Metal MFG Co., Mitsubishi Shindoh Co., Diamet Corp., and Mitsubishi Aluminum Co.

CNMC Albetter Albronze Co., Ltd

The company was founded as a subsidiary of China Nonferrous Metal Mining (Group) Company Limited (CNMC). Since then, the company has grown into a large-scale copper processing enterprise capable of research, development, production, and distribution, with a state-level enterprise technology centre, a joint technology centre with a state key laboratory, a postdoctoral workstation, and an academic workstation.

Wieland-Werke AG

The Wieland Group is a manufacturer of semi-finished copper and copper alloys. High-performance copper materials from Wieland help its B2B clients succeed in cutting-edge industries including urbanisation, networking, and electric transportation. The company creates solutions for the automotive, electronics, refrigeration, air conditioning, and other industries.