Global Processed Nonferrous Metal Market Overview, Demand, Size, Industry Growth, Worldwide Report And Forecast To 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per the Processed nonferrous metals market report by The Business Research Company, Rapidly growing urban populations are expected to drive the demand for non-ferrous metal products in the forecast period.

The global processed nonferrous metal market grew from $1460.83 billion in 2022 to $1542.1 billion in 2023 at a compound annual growth rate (CAGR) of 5.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The processed nonferrous metal market is expected to grow to $1861.73 billion in 2027 at a CAGR of 4.8%.

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Major competitors in the Processed nonferrous metals market include Jiangxi Copper Company, Freeport-McMoRan Inc., JXTG Holdings Inc., Grupo Mexico S.A.B. de C.V, Toyota Tsusho, MMC Norilsk Nickel PJSCm, Mitsubishi Materials Corporation, Glencore International, Sumitomo Metal Mining Co. Ltd., and ThyssenKrupp AG.

The Processed nonferrous metals market is segmented -
• By Type: Smelted and Refined Nonferrous Metal (except Aluminum), Rolled, Extruded and Alloyed Copper, Rolled and Extruded Nonferrous Metal (except Copper and Aluminum), Secondary Smelted, Refined and Alloyed Nonferrous Metal (except Copper and Aluminum)
• By Process Type: Smelting and Refining, Rolling, Drawing, Extruding, Alloying, Other Process Types
• By End User Industry: Automotive, Electronic Power, Construction, Other End User Industries

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Processed nonferrous metals refer to types of alloys or metals without a significant proportion of iron that are primarily engaged in smelting ores into nonferrous metals and/or the primary refining of nonferrous metals (except aluminum) by electrolytic methods or other processes and used in manufacturing of light weight and malleable products.

The Table Of Content For The Processed nonferrous metals Market Include:
1. Executive Summary
2. Report Structure
3. Processed Nonferrous Metal Market Characteristics
4. Processed Nonferrous Metal Market Product Analysis
5. Processed Nonferrous Metal Market Supply Chain
……
21. Key Mergers And Acquisitions In The Processed Nonferrous Metal Market
22. Market Background: Metal Manufacturing Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer

The "Global Processed Nonferrous Metals Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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