Tinned Copper Bar are anticipated to grow at a value CAGR of ~x% over 2019-2028. According to a study published by Insure Insights on the Tinned Copper Bar market is expected to witness huge growth in the forecast period. Copper is widely used in the manufacture of systems, including Earthing & Lightning Protection Systems, because of the high thermal and electrical conductivity, high recyclability, ease of manufacture, and good corrosion resistance of the material. Tinned copper is a type of copper that is coated with a thin layer of tin. This is used to provide protection to earth bars against the tarnishing and corrosive effects of oxidization commonly referred to as rusting. The copper tinning process provides enhanced protection against climatic variations and atmospheric conditions without a significant reduction in the functionality and electrical conductivity of the copper metal.

Top Driver: Increased Demand  In Various Industry Verticals to Drive the Market

Tinned Copper Bar has rich demand in the applications such as the lightning protection, induction motors, general engineering and the electrical conductors. The growth in the need for safer construction and infrastructure would contribute to the growth in the coming years. Furthermore, the increase investments over the automotive and other construction verticals for constructing the smart cities are anticipated to help the industry to flourish in the forecast period. The lightning protection is a major concern nowadays and hence would help the industry boost in the near future.

Electrical Conductor Segment is Expected to Drive the Market in the Future

On the basis of application, the market is segmented into Electrical Conductor, Induction Motors, Earthing, Lightning Protection, General Engineering, Switch Gears, Others. The electrical conductor segment accounted for a huge market share owing to hug applications of the copper for conduction purpose. The earthing and lightning protection segments are further expected to witness huge growth in the market. On the basis of type the market is segmented into  Full Round, Slightly Round Edge, Square.

Rising Investments In Various Industry Verticals to Benefit Asia Pacific Market

Asia Pacific region is expected to gain highest revenue shares, owing to the surge in the investments over the infrastructure and the security from the natural disaster such as lightning. This attributes to the potential of the growth of the market in the forecast period. The growth in the disposable income and the increase in the population have propelled the demand for the better infrastructures and the buildings safety is taken into priority and hence is expected to help the industry to give lucrative growth in the near future.

Players to Focus on Tinned Copper Bar Market

The global Tinned Copper Bar market is expected to stay fragmented with the increase in the number of new entrants in the coming years. The key players include, Kingsmill Industries (UK) Ltd, Jameco Electronics, Oriental Copper, Precision Electronics, AWC Wire, Storm Power Components, Austral Wright Metals, AN Wallis, and Erico.

KME: In December 2018, the European Commission has approved, under the EU Merger Regulation, the proposed acquisition of MKM by KME, both suppliers of copper products. The Commission concluded that the acquisition raises no competition concerns in the European Economic Area or any substantial part of it.

Aurubis: In May 2020, the European Commission has approved, under the EU Merger Regulation, Aurubis’ acquisition of Metallo, a large copper scrap refiner. The Commission concluded that the merger would not adversely affect competition in the European Economic Areaor any substantial part of it.

Scope of the Report

By Type

• Full Round
• Slightly Round Edge
• Square

By Application

• Electrical Conductor
• Induction Motors
• Earthing
• Lightning Protection
• General Engineering
• Switch Gears
• Others

By Region

• North America
• Europe
• Asia Pacific
• SAMEA

Key Reasons to Purchase this Report

1. It provides a technological development map over time to understand the growth rate of the industry.
2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
3. It renders definite analysis for changing competitive dynamics.
4. It builds a seven-year estimate based on how the market is predicted to grow.