On a roll: Renewed activity in downstream construction markets will spur industry demand

Copper is inextricably linked to worldwide construction activity. Its price, although generally following demand and supply trends, is also an indicator of expectations for economic growth, since the commodity is traded freely in global financial markets. Beyond construction, copper is also heavily connected to the automobile, electronics, electrical equipment and appliances manufacturing industries, due to its naturally high thermal and electrical conductivity characteristics. Due primarily to sharp drops in copper prices in recent years, revenue for the Copper Rolling, Drawing and Extruding industry is expected to decline over the five years to 2017...purchase to read more.

Industry Statistics & Market Size
Annual Growth 12-17
Forecast Growth 17-22

Industry Threats & Opportunities

  • Industry revenue declined due to low copper prices, weak demand and decreasing export volumes
  • Industry participation has grown marginally over the past five years
  • The construction market will continue to be the major source of demand for industry products
  • Industry Report - Industry Investment Chapter

    The Copper Rolling, Drawing and Extruding industry operates with a moderate level of capital intensity. Like most manufacturers, copper wire, pipe and shape producers use heavy equipment and machinery to heat, cut and manipulate raw materials. While workers skilled in the use of this machinery are essential to the process, industry operation is more reliant on capital equipment. In 2017, depreciation costs are estimated to account for 1.3% of revenue, compared with a comparatively low revenue share for wages of 7.0%. For every dollar spent on wages, the average operator is expected to allocate $0.19 toward capital investment in 2017...purchase to read more.

    Additional Insights for the Copper Rolling, Drawing & Extruding Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Copper Rolling, Drawing & Extruding Industry are

  • Supply contracts in place for key inputs
  • Ability to pass on cost increases
  • Proximity to key suppliers and markets
  • IBISWorld analysts also discuss how external factors such as World price of copper and Value of utilities construction in the Copper Rolling, Drawing & Extruding industry impact industry performance..

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    What's in this report

    What is the Copper Rolling, Drawing & Extruding Industry?

    Companies in this industry purchase refined and scrap copper to produce a range of fabricated products, such as wire, sheet, tubes, pipes, strips and bars, through rolling, drawing and extruding processes. This industry does not include companies that primarily smelt and refine copper or manufacture wire products from purchased wire.

    Industry Products
  • Electrical and communications wire and cable
  • Nonelectric copper wire
  • Magnet wire
  • Copper rods, bars and other shapes
  • Copper sheet, strips and plates
  • Copper pipes and other tubular products
  • Secondary smelting, refining and alloying
  • Industry Activities
  • Recovering copper or copper alloys from scrap
  • Alloying purchased copper
  • Rolling, drawing or extruding shapes from copper
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • World price of copper
  • Value of utilities construction
  • Demand from car and automobile manufacturing
  • Demand from computer and electronic product manufacturing
  • Housing starts
  • Trade-weighted index

  • Current Performance
  • Industry profit and price connections
  • Consolidation and globalization
  • Chart: Revenue Growth

  • Industry Outlook
  • Growing presence
  • Challenges and industry structure
  • Table: Copper Rolling, Drawing & Extruding Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Copper Rolling, Drawing & Extruding Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Electric Power Transmission
  • Construction
  • Major Household Appliance Manufacturing
  • Wire & Cable Manufacturing
  • Power Conversion Equipment Manufacturing
  • Car & Automobile Manufacturing
  • Truck & Bus Manufacturing
  • Plumbers

  • Key Selling Industries
  • Electric Power Transmission
  • Metalworking Machinery Manufacturing
  • Nonferrous Metal Refining

  • Products & Services
  • Electrical and communications wire and cable
  • Copper rods, bars and other shapes
  • Copper sheet, strips and plates
  • Copper pipes and other tubular products
  • Nonelectric copper wire
  • Secondary smelting, refining and alloying
  • Magnet wire
  • Other
  • Chart: Copper Rolling, Drawing & Extruding Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Construction
  • Electrical transmission and telecommunications
  • Transport equipment manufacturing
  • Exports
  • Consumer products and other manufacturing
  • Industrial equipment and machinery
  • Chart: Major Market Segmentation for the Copper Rolling, Drawing & Extruding Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWages and depreciationOther
  • Chart: Cost Structure Benchmarking – Sector vs Copper Rolling, Drawing & Extruding

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Copper Rolling, Drawing & Extruding Industry

  • Industry Globalization
    Southwire Company LLC, Mueller Industries Inc., General Cable Technologies Corp., Global Brass And Copper Inc.,
  • Table: Southwire Company LLC - financial performance
  • Table: Mueller Industries Inc. - financial performance
  • Table: General Cable Technologies Corp. - financial performance
  • Table: Global Brass And Copper Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Copper Rolling, Drawing & Extruding Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Copper Rolling, Drawing & Extruding Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • World Price of Copper (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
  • A process for producing wire, bar or tube by pulling metal, increasing its length and reducing its diameter. Wire is typically pulled through a series of dies (holes) of decreasing size.
  • Extruding
  • Forcing solid, usually heated, metal through an opening with the shape as the desired end product. Typically, a hydraulically operated ram is used to push the metal through the opening.
  • Recrystallization
  • The change in grain structure that occurs when a metal is annealed.
  • Rolling
  • A process that reduces the thickness of a piece of metal by passing it through successive rotating mills that compress the metal.
  • What Our Customers Say

    Why buy this report?

    The Copper Rolling, Drawing & Extruding Industry Research Report measures market size, analyses current and future trends, and provides an indication of market share for the industry’s largest companies. IBISWorld’s collection of industry market research reports gives you insightful, up-to-date information on the supply chains, economic drivers, and key buyers and markets for hundreds of industries.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Copper Rolling, Drawing & Extruding:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Copper Rolling, Drawing & Extruding market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Copper Rolling, Drawing & Extruding, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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