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Oxygen-free Copper Market Share

Report ID: GMI1411
Published Date: Sep 2020
Report Format: PDF

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Oxygen-free Copper Market Share

The global oxygen-free copper market players majorly focus on offering advanced products and enhancing their production capabilities. The major players are expanding their product portfolio and presence in emerging countries to cater to the increasing need for products. For instance, Fukurawa Electric announced an increase in the production of GOFC oxygen-free copper strips from 2018, having enhanced thermal resistance.

Some of the key manufacturers in the oxygen-free copper industry include:

Aviva Metals
Citizen Metalloys Limited
Sam Dong America
SH Copper Products Company (Hitachi Metals Neomaterial)
KGHM Polska MiedY S.A
Mitsubishi Materials Corporation
KME Germany GmbH
Freeport-McMoRan Inc
Aurubis AG
Metrod Holdings Berhad
Cupori Oy
Wieland-Werke AG
thyssenkrupp Materials NA
Zhejiang Libo Holding Group Company
Pan Pacific Copper Company
Furukawa Electric Co., Ltd
Watteredge LLC. (SOUTHWIRE COMPANY LLC.)
RK Copper & Alloy LLP

Authors: Kiran Pulidindi

Frequently Asked Questions (FAQ) :

Global oxygen-free copper industry size in 2019 was worth USD 29.66 billion. Increasing EV penetration may impel market share that is slated to depict 5.5% CAGR through 2026.

Oxygen-free copper materials are massively deployed in high-end audio-visual systems, owing to which expansion of consumer electronics industry, which in 2019 was worth USD 1 trillion and may exhibit 7% CAGR through 2026, will augment product demand.

Oxygen-free (Cu-OF) segment accounted for 59% of the global oxygen-free copper industry share in 2019 and may depict 5.8% CAGR through 2026, as this grade is majorly used in electronics & automotive sectors.

Wires segment held 40% of the overall oxygen-free copper market share in 2019 owing to rising deployment in the electrical and consumer electronics sectors.

The electronics & electrical segment may hold 65% of oxygen-free copper market share by 2026 due to widespread high-end vacuum applications in industrial processes.

Asia Pacific may hold around 70% of the global oxygen-free copper market share by 2026 owing to expanding electronics sector in countries like India, China, Japan, etc.