Oxygen Free Copper Market worth 4.13% CAGR by 2027
" COVID-19 Impact on Oxygen Free Copper Market, size, share, growth, industry analysis, and forecast 2021-2027 "
Oxygen-free copper can be described as wrought metal alloys that have undergone electrolytic processing, creating highly conductive end-use. This processing helps minimize the oxygen content in the metal to an exceptionally low level, which makes the product obtain high conductivity for electricity and helps obtain chemical purity.
Oxygen free copper is generally used in manufacturing applications such as semiconductors and superconductors, and high-vacuum systems such as particle accelerators need plasma deposition. The utilization of oxygen-free materials is crucial in these applications since oxygen, or some other impurity leads to unfavorable chemical reactions with the materials used in the system. Oxygen-free copper is majorly witnessing growth in consumption due to the wide application in printed circuit boards, microwave tubes, vacuum capacitors, waveguides, vacuum interrupters, vacuum seals, and vacuum tubes for radio and TV transmitters. Thus, the rising demand for oxygen free copper in the electronics and electrical end-use industry augments market growth.
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Furthermore, apart from applications in the electric and electrical end-use industry, oxygen-free copper has prospective applications in medical, aerospace & defense, and other end-use industries. Oxygen-free copper also has applications in magnetrons, a high-powered vacuum tube used to generate high power in radar equipment. It is also used in radar transmitters. The untapped applications of oxygen free copper among several industries are creating opportunities for market growth.
The Oxygen Free Copper Market research report titled “Oxygen Free Copper Market by Grade, Product Form, End-Use Industry and Geography–Global Forecast up to 2027.”
The market's significant players include SH Copper Products Co., Ltd., Sam Dong America Inc., National Bronze & Metals, Inc., KGHM Polska Miedź S.A., and Aviva Metals Inc.
Asia Pacific region is having a major position in the market growth. This is due to the existence of huge electronic companies in China, Japan, and South Korea. The ongoing various electric projects in China are also driving the oxygen-free copper market demand in the region.
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The report consists of 93 Tables and 63 charts depicting the in-depth market study and the impact analysis of COVID-19. View detailed TOC here.
Oxygen Free Copper Market Based on Grade
Oxygen Free Copper Market Based on the Product Form
- Busbar & Rod
Oxygen Free Copper Market Based on the End-Use Industry
- Electronics & Electrical
Oxygen Free Copper Market Based on the Geography
- North America
- Asia Pacific
- Rest of the World