Copper Demand

S&P Global Predicts 50% Increase in Copper Demand, Highlighting Potential Supply Shortfall

Copper is becoming one of the most talked-about metals in the world. On January 8, 2026, S&P Global released a major forecast showing that global copper demand could grow by 50% by 2040. This jump is huge. It goes far beyond traditional uses in wiring and plumbing. New technology like artificial intelligence, data centers, robotics and defense systems are driving demand higher than ever.

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