Oxygen Free Copper Market Size, Share and Forecasts 2026
The Global Oxygen-Free copper market size was valued at USD XX million in 2017 and is forecasted to reach USD XX million by 2025, with a CAGR of xx% during the forecast period (2018-2025).
(EMAILWIRE.COM, September 11, 2019 ) Market Overview
• Oxygen-free copper is a type of Copper that is electrolytically refined to reduce the content of oxygen to less than one-hundredth of a percent while increasing the purity of copper.
• The electrical conductivity of Oxygen-Free copper is highest among all grades of copper available. Oxygen-Free Copper has high impact strength, high elasticity, high thermal conductivity, ease of welding and resistant to hydrogen embrittlement.
Market Dynamics
• Global Copper Demand by Region, 2012 – 2016 (in 1,000 Metric Tons)
• A significant growth factor of the Oxygen-Free copper market is its application in audio and telecommunication devices which improves sound clarity and longevity of products.
• Another factor contributing to the growth of the market is the technological advancement of the use of Oxygen-Free copper in complex scientific equipment such as magnetrons, particle accelerators, and superconductors.
• The primary restraint to the development of the Oxygen-Free Copper market is the threat from Electrolytic Tough Pitch (ETP) grade Copper. Although containing 0.02% to 0.04% oxygen, the electrical conductivity of ETP meets or exceeds 100% IACS standard, same as Oxygen-Free Copper. The cost of fabrication of Oxygen-Free Copper is also expensive, attaining only one percent more conductivity rating than ETP.
Market Segmentation
• By Grade, Oxygen-Free Copper Market can be segmented into Oxygen-Free Electronic (Cu-OFE) (99.99% Pure Copper and 0.0005% oxygen content) and Oxygen-Free (Cu-OF)(99.95% Pure Copper and 0.001% oxygen content). Cu-OFE has higher conductivity rating (101% IACS rating) and is also more expensive, but is widely used in electronic products because of its higher conductivity. Thus, this product type has a higher market share than Oxygen-Free (Cu-OF) copper.
• Further, the market is segmented by Shape into Wires, Rods, Busbars, and The most commonly found shape is Wires used in electrical equipment. Rods are used in electric motor components and switchgear while Bus bars are used in power distribution systems.
• Also, the market is segmented by end-user type into Electricals & Electronics, Automotive, and Electrical & Electronics segment is expected to grow at a high rate due to increase in demand of Oxygen-free Copper in audio-visual systems and systems like magnetometers and particle accelerators.
Geographical Analysis
By region, the Oxygen-Free Copper market is segmented into
• North America,
• Europe,
• Asia Pacific,
• South America,
• and RoW.
• The demand for electronics products in Asia Pacific region by an increasingly urban population will drive the growth of application of Oxygen-Free Copper in such products for improved performance. The area of North America will also see an increase in Oxygen-free Copper products in complex scientific systems like particle accelerators.
Competitive Trends
• In April 2017, Furukawa Electric developed Oxygen-Free Copper heat-resistant strips with improved properties to be used in electric automobiles and alternative power generation.
• In May 2018, KGHM Polska Miedz announced the extension of its contract with TELE FONIKA Kable SA to deliver Copper wire rod for five years till 2022.
View full sample report: https://www.datamintelligence.com/research-report/oxygen-free-market
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About Us
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: info@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
• Oxygen-free copper is a type of Copper that is electrolytically refined to reduce the content of oxygen to less than one-hundredth of a percent while increasing the purity of copper.
• The electrical conductivity of Oxygen-Free copper is highest among all grades of copper available. Oxygen-Free Copper has high impact strength, high elasticity, high thermal conductivity, ease of welding and resistant to hydrogen embrittlement.
Market Dynamics
• Global Copper Demand by Region, 2012 – 2016 (in 1,000 Metric Tons)
• A significant growth factor of the Oxygen-Free copper market is its application in audio and telecommunication devices which improves sound clarity and longevity of products.
• Another factor contributing to the growth of the market is the technological advancement of the use of Oxygen-Free copper in complex scientific equipment such as magnetrons, particle accelerators, and superconductors.
• The primary restraint to the development of the Oxygen-Free Copper market is the threat from Electrolytic Tough Pitch (ETP) grade Copper. Although containing 0.02% to 0.04% oxygen, the electrical conductivity of ETP meets or exceeds 100% IACS standard, same as Oxygen-Free Copper. The cost of fabrication of Oxygen-Free Copper is also expensive, attaining only one percent more conductivity rating than ETP.
Market Segmentation
• By Grade, Oxygen-Free Copper Market can be segmented into Oxygen-Free Electronic (Cu-OFE) (99.99% Pure Copper and 0.0005% oxygen content) and Oxygen-Free (Cu-OF)(99.95% Pure Copper and 0.001% oxygen content). Cu-OFE has higher conductivity rating (101% IACS rating) and is also more expensive, but is widely used in electronic products because of its higher conductivity. Thus, this product type has a higher market share than Oxygen-Free (Cu-OF) copper.
• Further, the market is segmented by Shape into Wires, Rods, Busbars, and The most commonly found shape is Wires used in electrical equipment. Rods are used in electric motor components and switchgear while Bus bars are used in power distribution systems.
• Also, the market is segmented by end-user type into Electricals & Electronics, Automotive, and Electrical & Electronics segment is expected to grow at a high rate due to increase in demand of Oxygen-free Copper in audio-visual systems and systems like magnetometers and particle accelerators.
Geographical Analysis
By region, the Oxygen-Free Copper market is segmented into
• North America,
• Europe,
• Asia Pacific,
• South America,
• and RoW.
• The demand for electronics products in Asia Pacific region by an increasingly urban population will drive the growth of application of Oxygen-Free Copper in such products for improved performance. The area of North America will also see an increase in Oxygen-free Copper products in complex scientific systems like particle accelerators.
Competitive Trends
• In April 2017, Furukawa Electric developed Oxygen-Free Copper heat-resistant strips with improved properties to be used in electric automobiles and alternative power generation.
• In May 2018, KGHM Polska Miedz announced the extension of its contract with TELE FONIKA Kable SA to deliver Copper wire rod for five years till 2022.
View full sample report: https://www.datamintelligence.com/research-report/oxygen-free-market
Download free sample: https://www.datamintelligence.com/download-sample /oxygen-free-market
About Us
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: info@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
Contact Information:
DataM Intelligence
Sai Kiran
Tel: +1 877 441 4866
Email us
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DataM Intelligence
Sai Kiran
Tel: +1 877 441 4866
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results