Oxygen-free Copper Market to Reach $18.3 Billion by 2021: Analysis By Product Form, Grade, End Use Industry & Region

The oxygen-free copper market is estimated at USD 14.82 Billion in 2016, and is projected to reach USD 18.35 Billion by 2021, at a CAGR of 4.4% from 2016 to 2021. 

The increasing demand from the electronics & electrical end-use industry, especially in the Asia-Pacific region, is anticipated to drive the oxygen-free copper market in the coming years. In addition, the rising demand from the automotive and aerospace industries will also drive the growth of the oxygen-free copper market during the forecast period. On the other hand, the high cost of processing oxygen-free copper is anticipated to be one of the major restraints for the growth of this market.

The Cu-OF grade segment is estimated to account for the largest share of the global oxygen-free copper market in 2016, and is projected to be the fastest-growing segment as well from 2016 to 2021. The increase in the use of Cu-OF in electronics & electrical industry in China and India is expected to drive the growth of Cu-OF segment.

The electronics & electrical segment of the oxygen-free copper market is estimated to account for the largest share in 2016. The electronics & electrical industry requires highly conductive copper for applications such as backing plates, casting molds, heat sinks, video & audio systems, klystrons, magnetrons, microwave tubes, printed circuit boards, semiconductors, and vacuum capacitors & interrupters, among others. The requirement for high-quality copper with high electrical conductivity has accelerated the demand for oxygen-free copper in the electronics & electrical end-use industry.

Asia-Pacific is estimated to account for the largest market share in 2016 owing to the increasing demand from the electronics & electrical end-use industry, which accounts for the largest share in the global market. The growing e-commerce leading to a high demand for electronic goods in China and India is also a major growth drivers for the oxygen-free copper market. The Asia-Pacific region is also expected to register the highest CAGR during the forecast period.

Companies Mentioned:

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Oxygen-Free Copper Market, By Product Form

8 Oxygen-Free Copper Market, By Grade

9 Global Oxygen-Free Copper Market, By End-Use Industry

10 Oxygen-Free Copper Market, By Region

11 Competitive Landscape

12 Company Profiles

13 Appendix

For more information about this report visit https://www.researchandmarkets.com/research/x54v7j/oxygenfree

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