Indonesia Copper Mining Market (2022-2028) | Trends, Value, Revenue, Outlook, Forecast, Size, Analysis, Growth, Industry, Share, Segmentation & COVID-19 IMPACT

The Indonesia Copper Mining Market report comprehensively covers the market by mining technique, type, and end users. The report provides an unbiased and detailed analysis of the ongoing market trends, opportunities, high growth areas and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.

Indonesia Copper Mining Market Synopsis

Indonesia Copper Mining market growth was steady prior COVID-19 on the back of rising production and capacity expansion of copper mines coupled with increasing demand of copper from electronics sector in Indonesia. Moreover, the development and transition made towards underground mining particularly in Grasberg mines has contributed to Indonesia copper mining sector which resulted in a growth during COVID-19 pandemic in 2019-2020.

According to 6Wresearch, Indonesia Copper Mining Market size is projected to grow at CAGR of 9.9% during 2022-2028. Commissioning of the Gorontalo, and the Beruang Kanan Main (BKM) copper projects along with the efforts made during recent years at global as well local level to make a transition towards clean and renewable energy solutions have increased the demand of copper in photovoltaic, electric vehicles and production of other such products and equipment in energy sector. Moreover, efforts to encourage investment in the downstream industry and export of higher value semifinished and finished goods, Indonesia aims to discontinue the exports of copper ore in 2023 to keep a pace with the demand for copper ores in manufacturing of high value goods locally, which in turn would garner more revenues in the coming future in Indonesia copper mining market.

Market by Mining Techniques

Open pit acquired majority of revenue share in 2018-21 and is expected to maintain its dominance in the coming years on the back of rising investment in opening of underground mines Furthermore, the transition of country’s largest copper mine i.e., Grasberg block mine from open pit mining to underground mining in the year 2019 has contributed to the growth of open pit in the coming years.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• Historical Data Starting from 2018 to 2028.
• Base Year: 2021
• Forecast Data until 2028.
• Key Performance Indicators Impacting the Market.

Key Highlights of the Report

• Indonesia Copper Mining Market Overview
• Indonesia Copper Mining Market Outlook
• Indonesia Copper Mining Market Forecast
• Indonesia Copper Mining Market Revenues and Volume Forecast
• Historical Market Data and Forecast of Indonesia Copper Mining Market Revenues and Volume, By Mining Techniques for the period 2018-2028F.
• Historical Market Data and Forecast of Indonesia Copper Mining Market Revenues and Volume, By Types for the period 2018-2028F.
• Historical Market Data and Forecast of Indonesia Copper Mining Market Revenues, By End Users for the period 2018-2028F.
• COVID-19 Impact on Indonesia Copper Mining Market
• Market Drivers and Restraints
• Copper Ores Price Trend Analysis
• Market Opportunity Assessment
• Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Mining Techniques

• Open Pit Mining
• Underground Mining

By Types

• Extraction Industry
• Refining Industry
• Metal processing Industry
• Chemical Industry

By End Users

• Electronics and Telecommunications
• Building and Construction Industry
• Infrastructure and Transportation
• Others

Indonesia Copper Mining Market: FAQs