USA and Canada Copper Market Forecast 2025–2035: Trends and Growth Insights
The USA and Canada Copper Market is set for a decade of sustained expansion, increasing from USD 23.09 billion in 2025 to USD 37.88 billion by 2035 , reflecting a strong 5.1% CAGR , according to new industry forecasts. Growth is being propelled by unprecedented demand from renewable energy projects, electric vehicle (EV) manufacturing, grid modernization, next-generation electronics, and large-scale infrastructure development. Copper’s unmatched conductivity, durability, and recyclability are positioning it as a foundational material for North America’s transition toward electrification and digitally connected industrial systems. Market Overview: Strong Domestic Demand Amid Tightening Global Supply The North American copper industry continues to navigate major shifts in both supply and demand dynamics. Anticipation of potential U.S. tariffs on imported copper has already created a domestic price premium against international benchmarks, influencing procurement strategies and st...