Global Copper Alloys Market Size & Outlook, 2024-2030
Global copper alloys market, 2018-2030 (US$M)
Global copper alloys market highlights
- The global copper alloys market generated a revenue of USD 79,240.0 million in 2023 and is expected to reach USD 127,732.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 7.1% by 2030.
- In terms of segment, brass accounted for a revenue of USD 79,240.0 million in 2023.
- Brass is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 79,240.0 million |
| Market revenue in 2030 | USD 127,732.2 million |
| Growth rate | 7.1% (CAGR from 2023 to 2030) |
| Largest segment | Brass |
| Fastest growing segment | Brass |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Brass |
Other key industry trends
- In terms of revenue, the North America accounted for 23.7% of the global copper alloys market in 2023.
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Copper Alloys Market Scope
Copper Alloys Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global copper alloys market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to copper alloys market will help companies and investors design strategic landscapes.
Brass was the largest segment with a revenue share of 100% in 2024. Horizon Databook has segmented the Global copper alloys market based on brass covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Copper Alloys Type Outlook (Revenue, USD Million, 2018-2030)
- Brass
- Bronze
- Nickel Alloys
- Others
- Global Copper Alloys End Use Outlook (Revenue, USD Million, 2018-2030)
- Building & Construction
- Electrical & Electronics
- Automotive & Transportation
- Industrial Machinery
- Others
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Our clientele includes a mix of copper alloys market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global copper alloys market , including forecasts for subscribers. This global databook contains high-level insights into Global copper alloys market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global copper alloys market size, by regions, 2018-2030 (US$M)
Top 10 countries: Copper alloys market size, 2023 (US$M)
Global copper alloys market share, by type, 2023 & 2030 (%, US$M)
Copper alloys market: Opportunity assessment by country
Global copper alloys market, by region, 2024 (US$M)
| Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 12,802.0 | 12,026.4 | 12,681.7 | 19,407.2 | 18,888.6 | 18,756.1 | 20,733.1 | 23,110.0 | 24,302.2 | 25,513.0 | 26,915.1 | 28,155.4 | 29,948.1 | 6.9% |
| Europe | 10,314.6 | 9,677.5 | 10,191.9 | 15,577.1 | 15,141.5 | 15,016.0 | 16,577.3 | 18,453.9 | 19,380.7 | 20,319.8 | 21,408.4 | 22,365.5 | 23,758.2 | 6.8% |
| Asia Pacific | 23,207.9 | 21,871.6 | 23,137.3 | 35,520.8 | 34,682.0 | 34,548.7 | 38,312.1 | 42,840.5 | 45,194.2 | 47,597.0 | 50,372.7 | 52,861.8 | 56,406.5 | 7.3% |
| Latin America | 3,320.0 | 3,118.0 | 3,287.0 | 5,028.8 | 4,893.1 | 4,857.4 | 5,367.9 | 5,981.6 | 6,288.4 | 6,599.9 | 6,960.6 | 7,279.3 | 7,740.6 | 6.9% |
| MEA | 4,077.5 | 3,841.7 | 4,062.9 | 6,235.8 | 6,086.9 | 6,061.9 | 6,720.4 | 7,512.7 | 7,923.4 | 8,342.5 | 8,826.7 | 9,260.4 | 9,878.8 | 7.2% |
| Overall | 53,722.0 | 50,535.2 | 53,360.8 | 81,769.7 | 79,692.0 | 79,240.0 | 87,710.8 | 97,898.7 | 103,089.0 | 108,372.1 | 114,483.4 | 119,922.5 | 127,732.2 | 7.1% |
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