Middle East Copper Rod and Busbar Market Report and Forecast 2024 to 2032

By Paul Flint August 2, 2024 Construction 0 Comments

Middle East Copper Rod and Busbar Market Outlook

According to the report by Expert Market Research (EMR), the Middle East copper rod and busbar market size reached a value of USD 2,930.65 million in 2023. Aided by the increasing infrastructure development, industrialisation, and demand for efficient power distribution systems, the market is projected to further grow at a CAGR of 7.4% between 2024 and 2032 to reach a value of USD 5,520.91 million by 2032.

Copper rods and busbars are integral components used in electrical systems for conducting power. They are favoured for their excellent electrical conductivity, mechanical strength, and corrosion resistance. Copper rods find applications in power cables, motor windings, and transformers, while busbars are used in power distribution systems across industrial, commercial, and residential sectors.

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Significant investments in infrastructure projects across the Middle East, including new urban developments, smart cities, and industrial zones, are propelling the demand for copper rods and busbars. Governments are prioritising modern, reliable electrical networks to support these developments which leads to the Middle East copper rod and busbar market growth.

The region’s rapid industrialisation and urbanisation are increasing the need for efficient power distribution systems. Copper rods and busbars are critical in ensuring a stable supply of electricity to industries, commercial establishments, and residential areas.

The adoption of renewable energy projects, particularly solar and wind power, is driving the need for high-quality copper conductors. Copper rods and busbars are vital components for renewable energy installations, helping to ensure effective power transmission.

The need for efficient and reliable power distribution systems is growing due to the increasing consumption of electricity. Copper busbars provide a durable, low-maintenance solution for distributing power in commercial, industrial, and residential buildings, consequently driving up the Middle East copper rod and busbar market share.

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Industrial automation and digitisation are transforming manufacturing processes, creating higher demands for copper conductors due to their reliability and efficiency in electrical systems. Moreover, manufacturers are forming strategic partnerships to enhance their market presence, increase production capacities, and meet the evolving needs of customers in the region.

Government policies and investments aimed at enhancing the power infrastructure are accelerating market growth. Various initiatives target the development of energy-efficient grids, renewable energy adoption, and electrical infrastructure expansion.

As per Middle East copper rod and busbar market analysis, the Saudi Arabia leads the region’s copper rod and busbar market due to extensive infrastructure projects under Vision 2030. Urban developments, smart cities, and industrial initiatives are driving significant demand.

In the UAE, ambitious infrastructure developments, the expansion of renewable energy projects, and increased focus on smart cities are bolstering the demand for copper conductors in power systems.

Additionally, Qatar’s market is expanding due to investments in infrastructure, energy projects, and the 2030 National Vision, which prioritises sustainable growth and diversification.

Oman is modernising its electrical infrastructure, focusing on renewable energy integration and improving power distribution. Copper rods and busbars are essential for this transition. Kuwait and Bahrain are investing in industrialisation and energy-efficient electrical grids, boosting copper rod and busbar demand for efficient power distribution.

The shift towards energy-efficient power distribution systems is encouraging the adoption of high-conductivity copper rods and busbars. Manufacturers are innovating to meet stringent efficiency requirements. Moreover, the growing adoption of renewable energy is creating a sustained demand for copper busbars and rods in power generation and distribution networks. Copper’s excellent conductivity is vital for efficient transmission, leading to Middle East copper rod and busbar market development.

Market Segmentation

The market can be divided based on the type, end use, sales channel, and region.

Market Breakup by Type

Copper Rod
- Breakup by Shape Type
  - Flat
  - Round
  - Others
- Breakup by Grade
  - C10100
  - C10200
  - C11000
  - Others
Copper Busbar
- Breakup by Shape Type
  - Round
  - Rectangle
  - Others
- Breakup by Power Rating
  - Low
  - Medium
  - High

Market Breakup by End Use

Construction
Industrial Equipment
Transport and Non-Industrial

Market Breakup by Sales Channel

Direct
Distributor

Market Breakup by Region

Saudi Arabia
United Arab Emirates
Iran
Kuwait
Qatar
Oman
Bahrain
Others

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in Middle East copper rod and busbar market. Some of the major players explored in the report by Expert Market Research are as follows:

Dubai Cable Company (Private) Limited
Aeris Stream Copper Manufacturing LLC
Emirates National Copper Factory LLC
Oriental Copper Co., Ltd.
ALIF AIMS Leading Industrial Factory
Union Copper Rod LLC
Vedanta Resources Ltd.
Bahra Advanced Cable Manufacture Co. Ltd.
Others

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