The report "Oxygen-Free Copper Market by Grade (Cu-OF, Cu-OFE), Product Form (Wires, Strips, Busbar & Rods), End-use Industry (Electronics & Electrical, Automotive), and Region( North AmericaEurope, APAC, MEA, South America) - Global Forecast to 2029", size is projected to grow from USD 30.9 billion in 2024 to USD 40.4 billion by 2029, at a CAGR of 5.5% during the forecast period.

The increasing demand for oxygen-free copper is largely driven by the growing electronics and electrical industries, particularly in the Asia Pacific region. As countries like ChinaJapanSouth Korea, and India continue to expand their manufacturing and consumer electronics sectors, there is a rising need for high-quality, high-conductivity copper materials. Oxygen-free copper's exceptional electrical properties and low impurity levels make it indispensable for applications like printed circuit boards, semiconductors, and audio-visual systems. Moreover, the shift towards electric vehicles and renewable energy sources further boosts the demand for oxygen-free copper. Price fluctuations in the oxygen-free copper market present a key challenge. Influenced by factors like raw material costs and global demand, these unpredictable changes can impact profitability and planning for both producers and consumers. Effective risk management and market monitoring are essential to mitigate these challenges.

Browse in-depth TOC on "Oxygen-Free Copper Market"

300 – Tables

60 – Figures

200 – Pages

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=196978298

The Cu-OF segment is expected to register the highest growth in the global oxygen-free copper market during the forecast period.

The oxygen-free copper market is categorized as Cu-OF and Cu-OFE grades.  Leading the market in 2023 in terms of value, the Cu-OF segment is projected to achieve the highest CAGR during the forecast period. Cu-OF (C10200) is a copper grade with 99.95% purity and 0.001% oxygen content, offering conductivity comparable to electrolytic tough pitch (ETP) at a minimum of 101% IACS electrical conductivity. It typically has a liquidus and solidus melting point of 1,9810 Fahrenheit and a density of 8.94 g/cm3. This high-purity copper is utilized in advanced scientific equipment like magnetometers, electromagnets, and other superconductors.

Automotive segment is projected to be the fastest growing segment in the oxygen free copper market.

The automotive segment is expected to register the highest CAGR in the oxygen-free copper market between 2020 and 2025. With the rise of electric vehicles (EVs), particularly in emerging markets like India, the automotive industry is gaining traction. Oxygen-free copper's high electrical conductivity makes it increasingly relevant for use in EV battery components. Additionally, growing demand from both the automotive and aerospace sectors will further fuel the market growth for this type of copper.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=196978298 

The wires segment is expected to dominate the oxygen free copper market.

The wires segment holds the largest share in the oxygen-free copper market among wires, strips, busbars & rods, and others due to its widespread use across various industries. Wires are essential components in electrical and electronic applications, including power transmission, telecommunications, and automotive wiring. Their high electrical conductivity and reliability make oxygen-free copper wires the preferred choice for these critical applications, driving their dominant position in the market.

Asia Pacific region is the largest market for oxygen free copper.

The Asia-Pacific (APAC) region holds the largest share of the oxygen-free copper market due to several key factors. Countries like ChinaIndiaSingapore, Korea, and Japan serve as primary centers for the manufacturing and sale of Electric Vehicles (EVs). As the region witnesses a significant shift towards electric and hybrid electric vehicles (HEVs), the demand for high-quality, high-conductivity materials like oxygen-free copper has surged. These countries' strong focus on EV production and adoption, coupled with their robust manufacturing capabilities, contribute to APAC's dominant position in the oxygen-free copper market.

Request Customization: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=196978298

Oxygen-Free Copper Market Key Players

Some of the key players in the global oxygen free copper market market are KGHM Polska Miedz SA (Poland), Proterial Metals, Ltd. (Japan), Mitsubishi Materials Corporation (Japan), Metrod Holdings Berhad (Malaysia), Aviva Metals (US), Aurubis AG (Germany), Copper Braid Products (UK), KME Germany GmbH (Germany), and Sam Dong (South Korea) and others. Expansions, acquisitions, and deals are some of the major strategies adopted by these key players to enhance their positions in the oxygen free copper market.

Proterial Metals, Ltd., founded in 1956, is a leading producer and supplier of oxygen-free copper, with its headquarters located in Japan. Specializing in high-purity, high-performance copper materials, the company serves industries such as advanced electronics, telecommunications, and automotive sectors. With its state-of-the-art manufacturing facilities and a commitment to innovation, Proterial Metals Ltd. delivers oxygen-free copper that meets stringent quality standards and customer specifications. Over the years, the company has built a reputation as a trusted and reliable supplier in the oxygen-free copper market, offering tailored solutions to meet the evolving needs of its global clientele.

Mitsubishi Materials Corporation, founded in 1871 and headquartered in Tokyo, Japan, is a diversified conglomerate with a strong presence in the metals industry, including the production of oxygen-free copper. Leveraging its long-standing expertise and advanced technologies, Mitsubishi Materials Corporation produces high-quality oxygen-free copper tailored to meet the demanding requirements of industries such as electronics, automotive, and renewable energy. The company's commitment to innovation and quality has made it a trusted supplier in the oxygen-free copper market. With its global reach and comprehensive product offerings, Mitsubishi Materials Corporation continues to play a pivotal role in meeting the growing demand for high-performance copper materials worldwide.

Get 10% Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=196978298

KGHM Polska Miedz S.A., founded in 1961 and headquartered in Poland, is a leading global copper producer with a significant presence in the oxygen-free copper market. Specializing in copper and silver mining, KGHM Polska Miedz S.A. has established itself as a key supplier of oxygen-free copper, meeting the stringent quality requirements of various industries. With its advanced mining and refining capabilities, the company produces high-quality oxygen-free copper that is essential for applications in electronics, automotive, and renewable energy sectors.

TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 44)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
    1.3 STUDY SCOPE 
          FIGURE 1 OXYGEN-FREE COPPER MARKET SEGMENTATION
           1.3.1 YEARS CONSIDERED
           1.3.2 REGIONS COVERED
           1.3.3 INCLUSIONS AND EXCLUSIONS
                    TABLE 1 INCLUSIONS AND EXCLUSIONS
    1.4 CURRENCY CONSIDERED 
    1.5 UNITS CONSIDERED 
    1.6 LIMITATIONS 
    1.7 STAKEHOLDERS 
    1.8 SUMMARY OF CHANGES 
 
2 RESEARCH METHODOLOGY (Page No. - 49)
    2.1 RESEARCH DATA 
          FIGURE 2 OXYGEN-FREE COPPER MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
                    2.1.2.2 Key industry insights
                    2.1.2.3 Breakdown of primary interviews
    2.2 MARKET SIZE ESTIMATION 
          FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
          FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
           2.2.1 VOLUME MARKET APPROACH
                    2.2.1.1 Approach based on oxygen-free copper consumption, by country
    2.3 DATA TRIANGULATION 
          FIGURE 5 OXYGEN-FREE COPPER MARKET: DATA TRIANGULATION
    2.4 FACTOR ANALYSIS 
    2.5 IMPACT OF RECESSION 
    2.6 RESEARCH ASSUMPTIONS 
    2.7 RESEARCH LIMITATIONS 
    2.8 RISK ASSESSMENT 
 
 
3 EXECUTIVE SUMMARY (Page No. - 58)
    FIGURE 6 CU-OF GRADE TO ACCOUNT FOR LARGER MARKET SHARE DURING FORECAST PERIOD
    FIGURE 7 WIRES TO BE FASTEST-GROWING PRODUCT FORM DURING FORECAST PERIOD
    FIGURE 8 ELECTRONICS & ELECTRICAL SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
    FIGURE 9 ASIA PACIFIC DOMINATED OXYGEN-FREE COPPER MARKET IN 2023
 
4 PREMIUM INSIGHTS (Page No. - 62)
    4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN OXYGEN-FREE COPPER MARKET 
          FIGURE 10 RAPID INDUSTRIALIZATION AND SURGE IN E-COMMERCE TO DRIVE MARKET
    4.2 OXYGEN-FREE COPPER MARKET, BY GRADE 
          FIGURE 11 CU-OF SEGMENT TO LEAD OVERALL MARKET DURING FORECAST PERIOD
    4.3 OXYGEN-FREE COPPER MARKET, BY PRODUCT FORM 
          FIGURE 12 WIRES SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
    4.4 OXYGEN-FREE COPPER MARKET, BY END-USE INDUSTRY 
          FIGURE 13 ELECTRONICS & ELECTRICAL TO DOMINATE MARKET DURING FORECAST PERIOD
    4.5 ASIA PACIFIC OXYGEN-FREE COPPER MARKET,  BY END-USE INDUSTRY AND COUNTRY 
          FIGURE 14 CHINA DOMINATED ASIA PACIFIC OXYGEN-FREE COPPER MARKET IN 2023
    4.6 OXYGEN-FREE COPPER MARKET, BY KEY COUNTRIES 
          FIGURE 15 CHINA TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
 
5 MARKET OVERVIEW (Page No. - 65)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
          FIGURE 16 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN OXYGEN-FREE COPPER MARKET
           5.2.1 DRIVERS
                    5.2.1.1 Surge in sales of electric vehicles
                                FIGURE 17 ELECTRIC CAR SALES, 2017–2023
                    5.2.1.2 Rising demand for oxygen-free copper in electronics & electrical industry
                    5.2.1.3 Increasing e-commerce sales worldwide
                                FIGURE 18 GLOBAL B2B E-COMMERCE GMV
           5.2.2 RESTRAINTS
 
Continued...