Oxygen-Free Copper Market Scope
Oxygen-free copper or oxygen-free high thermal conductivity copper is a group of wrought high-conductivity copper alloys that has been electrolytically refined to reduce the level of oxygen to 0.001%. Oxygen plays a beneficial role in improving copper conductivity. Oxygen-free copper is valued more for its chemical purity than its conductivity. The processing of C101 Oxygen Free Copper only differs in the final refining stage. Where standard high-purity copper is refined using standard atmospheric conditions, to reduce the oxygen content further. The final refining process must be conducted in an oxygen-free environment. The higher the purity of any copper product, the better the corrosion resistance, the higher the electrical conductivity, and the less heat is produced while conducting electricity. Increase Oxygen-free copper is used for applications requiring high electrical conductivity this factor is driving the market and Oxygen-free copper is expensive compared to other materials this factor may restrain the market.
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|Key Companies Profiled||Aurubis AG (Germany), AMETEK Inc. (United States), Sam Dong (United States), National Bronze & Metals (United States), Mitsubishi Materials (Japan), KGHM Polska Miedź (Poland), Freeport-McMoRan (United States), Hitachi Metals Neomaterials Ltd (Japan), Aviva Metals (United States), Shanghai Fenggang Steel Group Co., Ltd (China), Amari Copper Metals (United Kingdom), KME GERMANY GMBH (Germany), Prince Izant Company (United States) and JX Nippon Mining & Metals Corporation (Japan)|
Competition among existing players is due to the stiff market share occupied by leading players. The industry leader is engaged in offering innovative and superior-quality products to cater to the ever-growing demand for Oxygen-free copper. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Oxygen-Free Copper market throughout the predicted period.
Aurubis AG (Germany), AMETEK Inc. (United States), Sam Dong (United States), National Bronze & Metals (United States), Mitsubishi Materials (Japan), KGHM Polska Miedź (Poland), Freeport-McMoRan (United States), Hitachi Metals Neomaterials Ltd (Japan), Aviva Metals (United States), Shanghai Fenggang Steel Group Co., Ltd (China), Amari Copper Metals (United Kingdom), KME GERMANY GMBH (Germany), Prince Izant Company (United States) and JX Nippon Mining & Metals Corporation (Japan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Milward Alloys, Inc. (United States), Belmont Metals (United States), Arcotech Ltd. (India), LAMINERIES MATTHEY (Switzerland), IBC Advanced Alloys (United States) and Fusion Incorporated. (United States).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
The study have segmented the market of Global Oxygen-Free Copper market by Type , by Application (Aerospace parts, Construction, Electronics, Medical equipment, Power transmission lines and components, Cooking utensils, Spark plugs, Electrical wiring and Others) and Region with country level break-up.
On the basis of geography, the market of Oxygen-Free Copper has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). region held largest market share in the year 2021.
Market Leaders and their expansionary development strategiesIn In May 2009, IBC Advanced Alloys Corp. is acquire of specialloy copper Alloys, LLC., a speciality alloy manufacturer and processing company. The highest purity fused alloys available for making additions to copper.
In June 2022, Aurubis AG announced that they had started the construction of a USD 320 million multi-metal recycling plant in Augusta, Georgia. These include copper cables, printed circuit boards, and other recycling materials containing metals.
Influencing Trend:Increased demand for air-conditioned homes, offices, and work areas
Market Growth Drivers:Increase Oxygen free copper is used for applications requiring high electrical conductivity
Challenges:Oxygen-free copper holds untapped potential throughout industries
Restraints:Oxygen-free copper is expensive compared to other materials
Opportunities:High cost of oxygen-free copper processing
Key Target AudienceManufacturers, Suppliers and distributors, Industry experts, National laboratories, End Users and Others