Oxygen-Free Copper Market Scope
The Oxygen-Free Copper Market research report presents fundamental synopsis of the industry, embracing categorizations, grade, product form, end use, explanations, and manufacturing chain structure. It also keeps up the record of development techniques received by different organizations that are making new guidelines for rivalry in the worldwide oxygen-free copper market.
The oxygen-free copper market is projected to grow from USD 19.9 billion in 2020 to USD 25.9 billion by 2025, at a CAGR of 5.3% during the forecast period.
The report analyzes every major facet of the global oxygen-free copper market by specifications of the product, restraints, challenges, and growth opportunities. A detailed global understanding of the market based on present and future size (revenue) has been given. It also gives in-depth insights on SWOT and PESTLE analysis based on industry segmentations and regional developments and covers top Key Players analysis with company profiles and new investment plans over the forecast period.
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Browse in-depth TOC on "Oxygen-Free Copper Market"
150 – Tables
36 – Figures
168 – Pages
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Oxygen-free Copper Market Key Points:
- Define, describe, and forecast oxygen-free copper market by grade, product form, end use and region.
- Provide enterprise external environment analysis and SWOT analysis.
- Provide strategies for company to deal with the impact of COVID-19.
- Provide market dynamic analysis, including market driving factors, market development constraints.
- Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
- Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
- Analyse the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.
The report covers extensive analysis of the key market players in the market, along with their business overview, expansion plans, and strategies. The key players studied in the report include:
- KGHM Polska Miedz SA (Poland),
- Hitachi Metals Neomaterials Ltd. (Japan),
- Zhejiang Libo Holding Group (China),
- Mitsubishi Materials Corporation (Japan),
- Metrod Holdings Berhad (Malaysia),
- Aviva Metals (US),
- KME Germany GmbH (Germany),
- Sam Dong (South Korea).
Increasing demand for oxygen-free copper from the electronics & electrical end-use industry, especially in the Asia Pacific region, is expected to drive the demand for oxygen-free copper in the near future. The requirement for high-quality copper with high electrical conductivity has accelerated the demand for oxygen-free copper in the electronics & electrical end-use industry.
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Oxygen-Free Copper Market Segmentation
Based on Grade:
- Cu-OF
- Cu-OFE
The Cu-OF segment is projected to lead the global oxygen-free copper market through 2025
The Cu-OF segment acquired the largest share in the oxygen-free copper market in 2019, in terms of value, and is projected to grow at the highest CAGR during the forecast period. Cu-OF (C10200) is 99.95% pure copper with 0.001% oxygen content. Its conductivity rating is equivalent to electrolytic tough pitch (ETP) with minimum 101% IACS electrical conductivity. It generally has a liquidus and solidus melting point of 1,9810 Fahrenheit. Its density is 8.94 g/cm3. It is used in cutting-edge scientific equipment, such as magnetometers, electromagnets, and other superconductors.
Based on the Product Form
- Wire
- Strips
- Busbar & Rod
- Others
Based on the End-Use Industry
- Electronics & Electrical
- Automotive
- Others
The automotive segment is projected to grow at the highest CAGR in the oxygen-free copper market during the forecast period
The automotive segment is projected to grow at the highest CAGR in the oxygen-free copper market from 2020 to 2025. The automotive industry is getting momentum with the advent of electric vehicles (EVs) in emerging countries, for instance, India. Due to their high electrical conductivity, they are also increasingly being used in battery components of EVs. In addition, the rising demand from the automotive and aerospace industries will also drive the growth of this copper type.
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Based on the Region:
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South America
The Asia Pacific is projected to hold the largest share in the oxygen-free copper market during the forecast period
The Asia Pacific is the most attractive market for oxygen-free copper due to the rapid socio-economic development in the region. This region is a prospective market for the growth and demand of electronics & electrical and automotive, among other industries. Countries in this region such as Japan, China, Korea, Taiwan, India, and Singapore are primary centers for manufacturing and sale of electrical & electronic goods, which are the major end-users of oxygen-free copper. The Asia Pacific region is a lucrative market for automobiles and is witnessing a shift toward EVs, such as Hybrid Electric Vehicles (HEVs).
Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics.
- It provides a forward-looking perspective on different factors driving or restraining market growth
- It provides a six-year forecast assessed based on how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pinpoint analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
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