Future outlook: The 'billion dollar' blue ocean of copper alloys


Release time:

2024-07-06

According to statistics, the global copper alloy market is expected to exceed 120 billion US dollars by 2025, with a compound annual growth rate of 6.8%. With the advancement of the "dual carbon" target and the upgrading of intelligent manufacturing, the demand for copper alloys in new energy vehicles, photovoltaic energy storage, aerospace and other fields will continue to explode. Industry experts point out that in the next five years, new copper alloys with high strength, high conductivity, corrosion resistance, wear resistance, and lightweight characteristics will become the focus of competition, and accelerating alloy design through the "Materials Genome Project" may become a key path to breaking through technological bottlenecks.

According to statistics, the global copper alloy market is expected to exceed 120 billion US dollars by 2025, with a compound annual growth rate of 6.8%. With the advancement of the "dual carbon" target and the upgrading of intelligent manufacturing, the demand for copper alloys in new energy vehicles, photovoltaic energy storage, aerospace and other fields will continue to explode. Industry experts point out that in the next five years, new copper alloys with high strength, high conductivity, corrosion resistance, wear resistance, and lightweight characteristics will become the focus of competition, and accelerating alloy design through the "Materials Genome Project" may become a key path to breaking through technological bottlenecks.
From Shang and Zhou bronze ware to modern superalloys, copper alloys have always been witnesses to the progress of human civilization. Nowadays, driven by both technological innovation and industrial synergy, this "ancient material" is writing the answer to the era of new quality productivity.