Oxygen Free Copper Market Industry Analysis and Forecast 2021-2027 by Grade, Application, Product, and Region


The Oxygen-Free Copper Market is expected to reach US $27.15 billion by 2027, thanks to growth in the Grade, Application, and Product segment. The report analyzes market dynamics by region and end-user industries.

Maximize Market Research (MMR), a provider of Engineering Equipment data and statistics for both regional and global markets, has produced a report on the Oxygen-Free Copper industry. Reports include information on the business environment, statistics on local markets, and projections until 2029.

The report covered a wide range of subjects while focusing on marketplaces and sectors. Examples of branding strategies include the introduction of new products, the growth of an organization, the creation of partnerships, and acquisitions. All of the essential elements of the market research that specifically targets the industrial landscape were taken into consideration when this study was developed. This market research analysis also identifies and analyses the major market drivers, challenges, and opportunities. The global Engineering Equipment business consultancy organization Maximize Market Research has recently finished a report on the competitive industry and market Oxygen-Free Copper intelligence in the Oxygen-Free Copper Market.

Oxygen-Free Copper Market Overview:

Examine both current and emerging market trends attentively to gain a deeper understanding of the Oxygen-Free Copper Market. Porter's five forces were utilized in the analysis to rank the importance of a number of criteria, including the challenges posed by various agents, the intensity of market competition, and the familiarity of potential young entrepreneurs with a particular resource. The study looked at the microeconomic structure of each country in order to estimate the overall market size by regions and product categories. When determining the size of local, regional, and global markets, this approach starts from scratch. By analysing each country at the micro level, it is possible to determine what percentage of the market is unregulated. Confirmation of the results is aided by interactions with influential local businessmen. Secondary research must be conducted and evaluated using both compensated and uncompensated data sets. Actual government statistics, commercial databases, and, in the case of listed firms, yearly reports serve as the sources for supply by category and demand by each player.

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Oxygen-Free Copper Market Segmentation:

In the electronics and electrical end-use industries, there is a growing demand for oxygen-free copper.

Copper is an often-used metal in the electronics and electrical products industries for a variety of uses. Along with technological advancements and the need for pure copper metals and alloys, several grades of oxygen-free copper are mostly used in the production of appliances and components in this industry.

In 2018, as per the Electronics Industries Association of India (ELCINA), the global electronics hardware market was valued at the US $2000 billion. The electronics and electrical industries are the most important end-use industries in the oxygen-free copper market in terms of value, accounting for approximately 76% of the total market share. As a result, the growth of oxygen-free copper would be driven by the global demand for electronics and electrical appliances over the forecast period.
Electrolytic Tough Pitch (ETP) copper is available as an alternative.

The most common copper is ETP. It can be used in a variety of electrical applications. It is needed to be 99.9% pure and it has a conductivity value of 100% IACS (International Annealed Copper Standard). It contains 0.02% to 0.04% oxygen. Since comparable qualities and uses in end-use markets are similar, it is a good substitute for oxygen-free copper. ETP is less expensive than copper that is oxygen-free. As a result, manufacturers of products in the electronics and electrical industries, as well as other industries where oxygen-free copper is recommended, choose ETP copper over oxygen-free copper. Only the highest electrical conductivity of 100% IACS of all copper types separates oxygen-free copper from ETP. Thus, the priority for ETP copper is expected to hinder the growth of the OFC market over the forecast period.

The Oxygen-Free Copper Market is expected to reach US $27.15 billion by 2027, thanks to growth in the Grade, Application, and Product segment. The report analyzes market dynamics by region and end-user industries.

Regional Analysis:

The five key geographical regions of the Oxygen-Free Copper market are North America (the United States, Canada, and Mexico), Europe (the United Kingdom, Germany, France, Italy, Russia, Sweden, etc.), Asia-Pacific (China, Japan, South Korea, India, Australia, ASEAN, and Rest of APAC), South America (Brazil, Argentina, etc.), and the Middle East and Africa (South Africa, GCC, Egypt, Nigeria, and Rest of ME&A).

Oxygen-Free Copper Market Key players:

• Aviva Metals
• Sam Dong
• Freeport-McMoRan
• National Bronze & Metals
• Copper Braid Products
• Farmer's Copper Ltd.
• Heyco Metals Inc.
• Haviland Enterprises Inc.
• Millard Wire & Specialty Strip Co.
• Hussey Copper Ltd.
• Zhejiang Libo Holding Group
• KGHM Polska Miedz SA
• Citizen Metalloys Ltd.
• KME Germany GmbH

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Reasons to buy :

  • The market is segmented using both qualitative and quantitative research, accounting for both economic and non-economic factors.
  • In this study, market value estimates (in USD billions) are provided for each segment and sub-segment.
  • By examining market size, determine the industry and geographic areas anticipated to grow at the highest rates.
  • A review of the long-term market prospects for the industry in light of recent changes, including what factors might affect growth and what challenges growing and emerging regions might face.
  • A competitive environment that takes into account market shares, novel products, partnerships, company expansion, and takeovers of the leading corporations.

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Published on

Dec 04, 2022

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