North America Copper Market Size and Share Outlook Report: Forecast Trends and Growth Analysis (2026-2035)

Key Trends in the Market

Copper refers to a metallic element which possesses malleable and ductile properties. This element can be transformed into thin sheets and wires and is known to be an excellent conductor of electricity. With an atomic weight of 63.54 and atomic number 29, copper is reddish-brown in appearance.

• The North America copper market is being driven by the rising demand for copper in applications ranging from plumbing to roofing in the building and construction sector. The increasing spending on construction, owing to the growing investments in residential and non-residential structures, coupled with the escalating living standards, is also supporting the market demand.

• The thriving manufacturing sector across the United States and Canada is heightening the incorporation of copper in industrial and machinery equipment development.

• The heightening demand for copper in electrical wiring to facilitate power transmission, power distribution, and telecommunication operations, is further fuelling the North America copper market growth.

• Technological advancements in the automotive sector, such as the emergence of self-driving cars, hybrid electric vehicles, and heavy-duty automobiles, among others, are likely to boost the application of copper in the automotive and heavy equipment sector in North America.

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Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Market Segmentation

Market Share by Grade

Oxygen-free copper contains very little oxygen content and is known to be more resistant to short circuit and has a higher durability as compared to its counterparts. The reduced oxygen content of the product enhances its resistance to corrosion. In this regard, oxygen-free copper is widely used in structural and thermal applications.

Meanwhile, electrolytic copper is a type of copper which has high tensile strength and excellent ductility, making it suitable for applications across various end-use sectors, including electronics, in North America.

Market Share by Form

Among different forms of copper, copper plates are one of the most useful materials, applied in several sectors across the United States and Canada. Copper plates have high malleability, corrosion resistance, lubricity, and anti-bacterial properties. Hence, they are ideal for utilisation in sectors such as marine, electrical and electronics, military, and HVAC, among others.

Competitive Landscape

Other market players include Freeport-McMoRan Inc., Capstone Copper Corp., Concast Metal Products Company, Montana Resources LLP, Newmont Corporation, and KGHM Polska Miedź S.A., among others.