Market Overview:
The global high purity copper target market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for high purity copper in various applications such as display industry, solar energy industry, automobile industry and others. In terms of type, 5N high purity copper is expected to hold the largest share in the global high purity copper target market during the forecast period. However, 6N and 7N high purity coppers are also expected to witness significant growth during the forecast period owing to their growing demand from various end-use industries.
Product Definition:
A copper target is a material that is used to create a circuit board. The target is made of high purity copper and it is important because the quality of the target affects the quality of the circuit board.
5N High Purity Copper:
5N High Purity Copper is a new term in the industry and refers to the purity level of copper used for making high-purity copper target. 5N means that there are no more than five natural impurities (excluding trace elements) per kg of weight. Pure copper has only one natural impurity, which isCu(I); whereas 5N HPCopper has zero Cu(I) content.
6N High Purity Copper:
6N high purity copper is a special type of copper with 99.999% pure content. It has six times the normal amount of copper for the same weight and it has higher conductivity than normal copper. 6N high purity copper can be used in applications such as chip carriers, interconnects, and memory devices due to its superior properties which include low resistivity and better conduction ability compared to normal coppers.
Application Insights:
The display industry was the largest application segment and accounted for a market share of more than 40% in 2017. The growth can be attributed to increasing demand for high purity copper targets from various display manufacturers across the globe. Display products include LCD, LED, plasma and OLED displays. These products are manufactured using various processes such as laminating, printing, coating and etching which require highly pure materials for manufacturing. Therefore; high purity copper targets are used by LCD manufacturers owing to its superior properties including low surface energy, excellent electrical conductivity & thermal conductivity along with being an excellent reflector of light (high brightness).
Regional Analysis:
Asia Pacific dominated the global high purity copper target market in 2016 and is expected to continue its dominance over the forecast period. The presence of large copper mines in China, Australia, and India coupled with increasing demand from solar energy industry is anticipated to drive growth. In addition, growing automobile production mainly due to low manufacturing cost coupled with abundant availability of raw materials will augment industry growth over the next eight years.
Europe accounted for a significant share owing to rising demand for electronic products such as smartphones and tablets along with growing investments by major players in this region.
Growth Factors:
- Increasing demand from the electrical and electronics industry as a result of the growth of the global economy.
- Rising demand for copper in renewable energy applications, such as wind and solar power, due to its superior electrical conductivity properties.
- Growing use of copper in automobiles due to its anti-corrosive and heat-resistant properties.
- Increasing investment in infrastructure development projects worldwide, which is expected to lead to an increase in demand for copper products used in construction applications.
Scope Of The Report
Report Attributes
Report Details
Report Title
High Purity Copper Target Market Research Report
By Type
5N High Purity Copper, 6N High Purity Copper, 7N High Purity Copper, Other
By Application
Display Industry, Solar Energy Industry, Automobile Industry, Other
By Companies
JX Nippon, Tosoh, ULVAC, Honeywell, Mitsui Mining & Smelting, Praxair, GRIKIN Advanced Material Co., Ltd, Konfoong Materials International Co., Ltd, Fujian Acetron New Materials Co.,Ltd, Vital Materials, Zhongzheng Metallurgy Technology(Shenzhen) Co. Ltd., Changzhou Sujing Electronic Material Company, Changsha Xinkang Advanced Materials Corporation Ltd, Beijing Yipin Chuancheng Technology Co., Ltd
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global High Purity Copper Target Market Report Segments:
The global High Purity Copper Target market is segmented on the basis of:
Types
5N High Purity Copper, 6N High Purity Copper, 7N High Purity Copper, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Display Industry, Solar Energy Industry, Automobile Industry, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- JX Nippon
- Tosoh
- ULVAC
- Honeywell
- Mitsui Mining & Smelting
- Praxair
- GRIKIN Advanced Material Co., Ltd
- Konfoong Materials International Co., Ltd
- Fujian Acetron New Materials Co.,Ltd
- Vital Materials
- Zhongzheng Metallurgy Technology(Shenzhen) Co. Ltd.
- Changzhou Sujing Electronic Material Company
- Changsha Xinkang Advanced Materials Corporation Ltd
- Beijing Yipin Chuancheng Technology Co., Ltd
Highlights of The High Purity Copper Target Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 5N High Purity Copper
- 6N High Purity Copper
- 7N High Purity Copper
- Other
- By Application:
- Display Industry
- Solar Energy Industry
- Automobile Industry
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High Purity Copper Target Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
High Purity Copper Target is a type of copper bullion that is 99.9% pure. It is often used as an investment or collector's item because it has a high value and low production costs.
Some of the key players operating in the high purity copper target market are JX Nippon, Tosoh, ULVAC, Honeywell, Mitsui Mining & Smelting, Praxair, GRIKIN Advanced Material Co., Ltd, Konfoong Materials International Co., Ltd, Fujian Acetron New Materials Co.,Ltd, Vital Materials, Zhongzheng Metallurgy Technology(Shenzhen) Co. Ltd., Changzhou Sujing Electronic Material Company, Changsha Xinkang Advanced Materials Corporation Ltd, Beijing Yipin Chuancheng Technology Co., Ltd.
The high purity copper target market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Purity Copper Target Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 High Purity Copper Target Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 High Purity Copper Target Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the High Purity Copper Target Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global High Purity Copper Target Market Size & Forecast, 2018-2028 4.5.1 High Purity Copper Target Market Size and Y-o-Y Growth 4.5.2 High Purity Copper Target Market Absolute $ Opportunity
Chapter 5 Global High Purity Copper Target Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 High Purity Copper Target Market Size Forecast by Type
5.2.1 5N High Purity Copper
5.2.2 6N High Purity Copper
5.2.3 7N High Purity Copper
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global High Purity Copper Target Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 High Purity Copper Target Market Size Forecast by Applications
6.2.1 Display Industry
6.2.2 Solar Energy Industry
6.2.3 Automobile Industry
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Purity Copper Target Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High Purity Copper Target Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America High Purity Copper Target Analysis and Forecast
9.1 Introduction
9.2 North America High Purity Copper Target Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America High Purity Copper Target Market Size Forecast by Type
9.6.1 5N High Purity Copper
9.6.2 6N High Purity Copper
9.6.3 7N High Purity Copper
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America High Purity Copper Target Market Size Forecast by Applications
9.10.1 Display Industry
9.10.2 Solar Energy Industry
9.10.3 Automobile Industry
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe High Purity Copper Target Analysis and Forecast
10.1 Introduction
10.2 Europe High Purity Copper Target Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe High Purity Copper Target Market Size Forecast by Type
10.6.1 5N High Purity Copper
10.6.2 6N High Purity Copper
10.6.3 7N High Purity Copper
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe High Purity Copper Target Market Size Forecast by Applications
10.10.1 Display Industry
10.10.2 Solar Energy Industry
10.10.3 Automobile Industry
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific High Purity Copper Target Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High Purity Copper Target Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific High Purity Copper Target Market Size Forecast by Type
11.6.1 5N High Purity Copper
11.6.2 6N High Purity Copper
11.6.3 7N High Purity Copper
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific High Purity Copper Target Market Size Forecast by Applications
11.10.1 Display Industry
11.10.2 Solar Energy Industry
11.10.3 Automobile Industry
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America High Purity Copper Target Analysis and Forecast
12.1 Introduction
12.2 Latin America High Purity Copper Target Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America High Purity Copper Target Market Size Forecast by Type
12.6.1 5N High Purity Copper
12.6.2 6N High Purity Copper
12.6.3 7N High Purity Copper
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America High Purity Copper Target Market Size Forecast by Applications
12.10.1 Display Industry
12.10.2 Solar Energy Industry
12.10.3 Automobile Industry
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) High Purity Copper Target Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High Purity Copper Target Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) High Purity Copper Target Market Size Forecast by Type
13.6.1 5N High Purity Copper
13.6.2 6N High Purity Copper
13.6.3 7N High Purity Copper
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) High Purity Copper Target Market Size Forecast by Applications
13.10.1 Display Industry
13.10.2 Solar Energy Industry
13.10.3 Automobile Industry
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High Purity Copper Target Market: Competitive Dashboard
14.2 Global High Purity Copper Target Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 JX Nippon
14.3.2 Tosoh
14.3.3 ULVAC
14.3.4 Honeywell
14.3.5 Mitsui Mining & Smelting
14.3.6 Praxair
14.3.7 GRIKIN Advanced Material Co., Ltd
14.3.8 Konfoong Materials International Co., Ltd
14.3.9 Fujian Acetron New Materials Co.,Ltd
14.3.10 Vital Materials
14.3.11 Zhongzheng Metallurgy Technology(Shenzhen) Co. Ltd.
14.3.12 Changzhou Sujing Electronic Material Company
14.3.13 Changsha Xinkang Advanced Materials Corporation Ltd
14.3.14 Beijing Yipin Chuancheng Technology Co., Ltd