Global Copper Mining Market Size & Outlook, 2022-2030

The copper mining industry worldwide is expected to reach a projected revenue of US$ 219,126.7 million by 2030. A compound annual growth rate of 2.6% is expected of the worldwide copper mining industry from 2023 to 2030.
Revenue, 2022 (US$M)
$178,609.3
Forecast, 2030 (US$M)
$219,126.7
CAGR, 2023 - 2030
2.6%
Report Coverage
Worldwide

Global copper mining market highlights

  • The global copper mining market generated a revenue of USD 178,609.3 million in 2022 and is expected to reach USD 219,126.7 million by 2030.
  • The market is expected to grow at a CAGR (2023 - 2030) of 2.6% by 2030.
  • In terms of segment, building & construction accounted for a revenue of USD 60,912.5 million in 2022.
  • Machinery & Equipment is the most lucrative end use segment registering the fastest growth during the forecast period.
  • In terms of region, Latin America was the largest revenue generating market in 2022.
  • Country-wise, Australia is expected to register the highest CAGR from 2023 to 2030.

Global data book summary

Market revenue in 2022USD 178,609.3 million
Market revenue in 2030USD 219,126.7 million
Growth rate2.6% (CAGR from 2022 to 2030)
Largest segmentBuilding & construction
Fastest growing segmentMachinery & Equipment
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationConsumer Products, Building & Construction, Transportation, Electrical & Electronics, Machinery & Equipment

Other key industry trends

  • In terms of revenue, the North America accounted for 13.8% of the global copper mining market in 2022.
  • By country, the Chile is projected to lead the global market in terms of revenue in 2030.
  • By country, Australia is the fastest growing regional market and is projected to reach USD 8,060.8 million by 2030.

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Copper Mining Market Scope

Copper mining market segmentation & scope
Construction
Automotive & Transportation
Packaging
Electrical
Others
Galvanizing
Coatings
Die-Cast Alloys
Oxides & Chemicals
Batteries
Pigments & Other Compounds
Stainless Steel
Non-Ferrous Alloys
Solders
Chemicals
Tinplate
Cemented Carbide
Steel & Alloys
Lighting & Electronic

Copper Mining Market Companies

Name Profile # Employees HQ Website

Global copper mining 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 mining market will help companies and investors design strategic landscapes.


Building & construction was the largest segment with a revenue share of 34.1% in 2022. Horizon Databook has segmented the Global copper mining market based on consumer products, building & construction, transportation, electrical & electronics, machinery & equipment covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Copper Mining End Use Outlook (Revenue, USD Million, 2018-2030)
    • Construction
    • Automotive & Transportation
    • Packaging
    • Consumer Products
    • Electrical
    • Others
    • Building & Construction
    • Transportation
    • Electrical & Electronics
    • Machinery & Equipment
    • Galvanizing
    • Coatings
    • Die-Cast Alloys
    • Oxides & Chemicals
    • Batteries
    • Pigments & Other Compounds
    • Stainless Steel
    • Non-Ferrous Alloys
    • Solders
    • Chemicals
    • Tinplate
    • Cemented Carbide
    • Steel & Alloys
    • Lighting & Electronic

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Target buyers of Global copper mining market databook

  • Our clientele includes a mix of copper mining market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global copper mining market , including forecasts for subscribers. This global databook contains high-level insights into Global copper mining market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global copper mining market size, by regions, 2018-2030 (US$M)

Top 10 countries: Copper mining market size, 2022 (US$M)

Global copper mining market share, by end use, 2022 & 2030 (%, US$M)

Copper mining market: Opportunity assessment by country

Global copper mining market, by region, 2022 (US$M)

Global copper mining market size, by regions, 2018-2030 (US$M)

End Use 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 CAGR
North America 16,129.4 15,164.6 15,333.5 24,535.3 24,627.1 25,511.3 27,401.4 29,589.8 30,511.1 32,074.9 33,525.4 35,450.1 38,299.2 5.7%
Europe 12,909.9 12,710.7 14,013.6 24,663.0 23,462.5 23,150.4 23,701.0 24,412.6 24,013.0 24,067.8 24,028.4 24,328.9 25,471.2 1.0%
Asia Pacific 39,668.5 39,942.3 37,119.9 47,318.0 46,617.7 46,795.0 47,956.1 49,283.0 49,307.5 50,287.5 50,846.3 51,754.9 53,323.0 1.7%
Latin America 60,342.8 58,656.6 56,747.7 80,098.5 78,911.0 79,694.0 82,808.2 86,378.9 86,761.3 88,790.4 90,203.9 92,485.1 96,467.3 2.5%
MEA 4,520.9 3,171.2 3,359.4 5,168.1 4,991.0 4,968.7 5,123.1 5,304.8 5,239.4 5,270.1 5,267.4 5,322.8 5,566.1 1.4%
Overall 133,571.5 129,645.3 126,574.1 181,783.0 178,609.3 180,119.4 186,989.8 194,969.0 195,832.2 200,490.6 203,871.4 209,341.8 219,126.7 2.6%

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