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Global Refined Copper Market is the Fastest Growing Market in Non-ferrous Metals Market:TechNavio

• Key Leading Countries in the Non-ferrous Metals Market include China, Russia and Canada

PRLog - Jan. 23, 2014 - LONDON -- TechNavio, the independent London-based global research firm, shared its research findings from its latest report on the Global Non-ferrous Metals Market, which finds Refined Copper Market is the fastest growing market in the Non-ferrous Metals Market, growing at a CAGR of 6.74 percent. The findings are for the forecast period 2014-2018.

As per research estimates, the global production of refined copper will be exceeding the demand for refined copper in the Non-ferrous Metals Market. The increasing growth rate will be an outcome of the increase in production at existing plants across the world and new and expanded capacities at electrolytic plants in China, and Africa.

Globally, refined copper usage has risen by approximately 300 percent during the last 50 years. Copper finds extensive usage across various end-user segments and sectors such as Electrical and Electronics, Construction, Industrial, Transportation, and Consumer Durables. Copper's chemical and physical properties make it an obvious choice in high-end technology applications. Copper's property to restrict bacterial growth on its surface makes it useful in air conditioning systems and in various applications in the Healthcare sector.

Some of the other major metals that are covered under the Non-ferrous metals market and under the scope of this report are Aluminum (Al), Copper (Cu), Lead (Pb), Nickel (Ni), Tin (Sn), Titanium (Ti), and Zinc (Zn).

To determine the scenario for these vendors in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.

If you are interested in more information on this topic and our upcoming research on Global Non-ferrous Metals Market 2014-2018 (http://www.technavio.com/report/global-non-ferrous-metals...), please send an e-mail to media@TechNavio.com

About TechNavio

TechNavio is a leading technology research and advisory company with a global coverage. We focus on emerging technology trends that can shape the market. We identify and explain these trends to our customers to help them take better decisions.

TechNavio models the trends using a mix of quantitative and qualitative tools in its proprietary research methodologies. We build forecasts across market segments and geographies based on the trends identified. These forecasts and analysis are used to help our customers identify new and existing opportunities in their markets. We also help customers assess their competitive position in a changing market scenario.

TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape of Global Non-ferrous Metals Market. Our analysts obtain the information using a combination of the bottom-up and top-down approaches, besides using in-house market modeling tools. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

Decision makers and influencers in sales & marketing, strategy, product and R&D teams rely on research from TechNavio. We have a large and growing base of happy customers worldwide. Our customers include technology suppliers, end users, consulting companies, investment firms and research institutes.

Founded in 2003, TechNavio has about 200 analysts globally. We cover more than 500 technologies across 80 countries. Our analysts are closely monitoring the market every day by talking to all the industry participants. We have proprietary databases that provide us with a complete perspective of the market. TechNavio develops over 2000 pieces of research deliverables every year.

Media Contact:

Rituparna Roy/Arijit Rakshit
Marketing Manager/Analyst & PR
+91 9591975898;+44 208 123 1770; +1 630 333 9501

Twitter: @TechNavio

Media Contact
TechNavio Media Relations
+44 208 123 1770

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Location:London City - London, Greater - United Kingdom
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Tags:Refined Copper, non-ferrous metals, transportation, consumer durables, industrial
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