Monday 10 September 2018

OXYGEN-FREE COPPER MARKET - NEW REVENUE POCKETS

The global oxygen-free copper market is anticipated to grow from USD 14.82 billion in 2016 to USD 18.35 billion by 2021, at a CAGR of 4.4% from 2016 to 2021. This growth can be attributed to the increasing demand for oxygen-free copper from applications such as electronics & electrical and transportation.

Based on grade, the oxygen-free copper market has been classified into Cu-OF and Cu-OFE. Cu-OF is the fastest-growing grade segment of the oxygen-free copper market. The growth of the segment can be attributed to the increasing use of Cu-OF in electrical parts to increase performance and electrical conductivity.

Based on product form, the oxygen-free copper market is segmented into wires, strips, bus bars & rods, and others. The strips segment is the fastest-growing segment owing to the increased use of oxygen-free copper strips in the electronic, transportation, and aerospace industries.

Based on end-use industry, the oxygen-free copper market is segmented into electronics & electrical, transportation, and others. The electronics & electrical segment is the fastest-growing segment owing to the increased use of high purity copper in electronic products by the major manufacturers to improve product performance. Apart from this, the growth in the electronics industry due to increasing population and per capita income in emerging economies such as China and India is expected to further drive the oxygen-free copper market.

The oxygen-free copper market in Asia-Pacific is expected to grow at the highest CAGR from 2016 to 2026. The growing demand for oxygen-free copper from both electronics & electrical and transportation industry is expected to drive the oxygen-free copper market due to the extensive usage of high purity copper by these industries in the region.

The objectives of this study are:

To define, describe, and forecast the oxygen-free copper market based on grade, product form, end-use industry, and region
To estimate and forecast the oxygen-free copper market size in terms of value and volume
To provide a market share analysis of the major players in the oxygen-free copper market
To estimate and forecast the market size of various segment based on grade, product form, and end-use industry in key regions, namely, North America, Europe, Asia-Pacific, Middle East & Africa, and South America
To identify and analyze the key drivers, restraints, and opportunities influencing the oxygen-free copper market
To analyze region-specific trends in North America, Europe, Asia-Pacific, Middle East & Africa, and South America
To strategically analyze micromarkets with respect to individual growth trends, prospects, and contribution to the overall market
To strategically identify and profile key market players and analyze their core competencies
To track and analyze recent developments in the oxygen-free copper market, such as partnerships, agreements, collaborations, mergers & acquisitions, new product developments, and expansions

The key players operational in the global oxygen-free copper market are Citizen Metalloys Limited (India), KGHM Polska Miedź S.A. (Poland), Luvata (U.K.), National Bronze & Metals, Inc. (U.S.), Sam Dong America (South Korea), SH Copper Products Co., Ltd. (Japan), Zhejiang Libo Holding Group Co., Ltd. (China), Mitsubishi Materials Corporation (Japan), Pan Pacific Copper Co., Ltd. (Japan), Watteredge LLC (the U.S.), Freeport-McMoRan Inc. (the U.S.), KME Germany GmbH & Co KG (Germany), Wieland-Werke AG (Germany), Cupori Oy (Finland), and Metrod Holdings Berhad (Malaysia). These players are focusing on growth strategies such as new product launches, expansions, agreements, and acquisitions to retain a competitive position in the marketplace.

To uncover the high growth opportunities in Oxygen-Free Copper Market, Sign-up for free webinar



No comments:

Post a Comment