According to Cognitive Market Research, The Global Precision Copper Alloy Rod market size is USD 8.2 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 6.90% from 2023 to 2030.
The demand for precision copper alloy rod marketis rising due to the rising demand in the electronics industry, advancements in manufacturing techniques, and the expansion of infrastructure and construction activities.
Demand for H62 remains higher in the precision copper alloy rod market.
The Electronic category held the highest precision copper alloy rod market revenue share in 2023.
North America will continue to lead, whereas the Asia Pacific precision copper alloy rod market will experience the strongest growth until 2030.
