Oxygen-Free Copper Trends and Forecast
The future of the global oxygen-free copper market looks promising with opportunities in the electronic & electrical and automotive markets. The global oxygen-free copper market is expected to reach an estimated $23.9 billion by 2030 with a CAGR of 5.2% from 2024 to 2030. The major drivers for this market are rising electric car sales and growing demand for this product in various industries, such as electronics and electrical, automotive, aerospace, and construction.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Oxygen-Free Copper by Segment
The study includes a forecast for the global oxygen-free copper by grade, product form, end use, and region.
Oxygen-Free Copper Market by Grade [Shipment Analysis by Value from 2018 to 2030]:
• Cu-OF
• Cu-OFE
Oxygen-Free Copper Market by Product Form [Shipment Analysis by Value from 2018 to 2030]:
• Wire
• Strip
• Busbar & Rod
• Others
Oxygen-Free Copper Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Electronics & Electrical
• Automotive
• Others
Oxygen-Free Copper Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Oxygen-Free Copper Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies oxygen-free copper companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the oxygen-free copper companies profiled in this report include-
• KGHM Polska Miedz
• Hitachi Metals Neomaterials
• Zhejiang Libo Holding
• Mitsubishi Materials
• Metrod Holdings Berhad
• Aviva Metals
• KME Germany
Oxygen-Free Copper Market Insights
Lucintel forecasts that strip is expected to witness the highest growth over the forecast period due to its growing demand from gas hydropower plants, industrial chillers, heat exchangers, discrete components, transistors, and integrated circuits.
Within this market, electronic & electrical will remain the largest segment due to substantial usage of oxygen-free copper in this sector given to its properties, such as high electrical & thermal conductivity and resistance to hydrogen embrittlement during brazing.
APAC will remain the largest region over the forecast period due to continual population growth, rising government initiatives towards promotion of electronics and automobile industries, and presence of major producer and consumer of oxygen-free copper in the region
.
Features of the Global Oxygen-Free Copper Market
Market Size Estimates: Oxygen-free copper market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Oxygen-free copper market size by grade, product form, end use, and region in terms of value ($B).
Regional Analysis: Oxygen-free copper market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different grades, product forms, end uses, and regions for the oxygen-free copper market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the oxygen-free copper market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the oxygen-free copper market size?
Answer: The global oxygen-free copper market is expected to reach an estimated $23.9 billion by 2030.
Q2. What is the growth forecast for oxygen-free copper market?
Answer: The global oxygen-free copper market is expected to grow with a CAGR of 5.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the oxygen-free copper market?
Answer: The major drivers for this market are rising electric car sales and growing demand for this product in various industries, such as electronics and electrical, automotive, aerospace, and construction.
Q4. What are the major segments for oxygen-free copper market?
Answer: The future of the oxygen-free copper market looks promising with opportunities in the electronic & electrical and automotive markets.
Q5. Who are the key oxygen-free copper market companies?
Answer: Some of the key oxygen-free copper companies are as follows:
• KGHM Polska Miedz
• Hitachi Metals Neomaterials
• Zhejiang Libo Holding
• Mitsubishi Materials
• Metrod Holdings Berhad
• Aviva Metals
• KME Germany
Q6. Which oxygen-free copper market segment will be the largest in future?
Answer: Lucintel forecasts that strip is expected to witness the highest growth over the forecast period due to its growing demand from gas hydropower plants, industrial chillers, heat exchangers, discrete components, transistors, and integrated circuits.
Q7. In oxygen-free copper market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to continual population growth, rising government initiatives towards promotion of electronics and automobile industries, and presence of major producer and consumer of oxygen-free copper in the region
.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the oxygen-free copper market by grade (cu-of and cu-ofe), product form (wire, strip, busbar & rod, and others), end use (electronics & electrical, automotive, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Oxygen-Free Copper Market, Oxygen-Free Copper Market Size, Oxygen-Free Copper Market Growth, Oxygen-Free Copper Market Analysis, Oxygen-Free Copper Market Report, Oxygen-Free Copper Market Share, Oxygen-Free Copper Market Trends, Oxygen-Free Copper Market Forecast, Oxygen-Free Copper Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.