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Report Overview
The Middle East copper rod and busbar market size reached around USD 2930.65 Million in 2024. The market is projected to grow at a CAGR of 7.40% between 2025 and 2034 to reach nearly USD 5984.21 Million by 2034.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Middle East Copper Rod and Busbar Market Analysis by Country
Copper wire rods find application in electrical wiring for residential, commercial, and industrial structures. In March 2024, Saudi Arabia attracted an investment of around USD 13 billion in its tourism sector. The investments are expected to add around 150,000 to 200,000 hotel rooms in the next two years.
In May 2023, Qatar announced a USD 630 million investment in two solar plants in Mesaieed and Ras Laffan industrial cities. The rising investments in clean energy projects, such as solar projects are aiding the demand for copper products like busbar, to distribute power efficiently in PV modules.
Middle East Copper Rod and Busbar Market Report Snapshots
Middle East Copper Rod and Busbar Market Size
Middle East Copper Rod and Busbar Market Trends
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2024, the market reached an approximate value of USD 2930.65 Million.
The market is projected to grow at a CAGR of 7.40% between 2025 and 2034.
The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach a value of around USD 5984.21 Million by 2034.
The market is driven by a growing construction and industrial sector and a demand for EVs to facilitate green mobility.
The countries include Saudi Arabia, the United Arab Emirates, Iran, Kuwait, Qatar, Oman, Bahrain, and others.
The end uses include construction, industrial equipment, and transport and non-industrial.
Direct and distributors are the two major sales channels in the market.
The key players in the market include Dubai Cable Company (Private) Limited, Aeris Stream Copper Manufacturing LLC, Emirates National Copper Factory LLC, Oriental Copper Co., Ltd., ALIF AIMS Leading Industrial Factory, Union Copper Rod LLC, Vedanta Resources Ltd., and Bahra Advanced Cable Manufacture Co. Ltd., among others.
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