Market Overview:
The global high-purity copper wires market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for high-purity copper wires in various applications, such as power, medical equipment, information & telecommunication, electronics and others. In addition, the growing demand for electric vehicles is also contributing to the growth of this market.
Product Definition:
High-purity copper wires are made of 99.99% pure copper. They have a very low level of impurities and are used in applications where the highest levels of purity are required, such as in the semiconductor industry.
5N:
5N is the current highest standard for high-purity copper wires. It is also known as JIS (Japan Industrial Standards) No. L664-1965, which was established in Japan in 1965. The standard has been revised several times since then and the latest version was published on 15th September 2012.
6N:
6N is the abbreviation for hexagonal close-packed (hCP) or hexagonal solid pack. It is a copper wire shape that has six sides with three wires in each side. The 6N designation was created by the American Wire Gauge Association to represent common gauges used in electrical applications across North America and around the world.
Application Insights:
The power application segment accounted for the largest share of more than 40.0% in 2017. The growth can be attributed to the extensive use in various power applications such as transformers, motors and generators across end-use industries such as construction, automotive and energy. Copper wires are used for providing high tensile strength and excellent electrical conductivity which is a key requirement for any electrical component or system.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the largest power generation facilities, which require high-purity copper wires for manufacturing electricity transformers and other components. In addition, increasing demand from various end-use industries such as medical equipment & devices, electronics, etc., will drive growth in this region.
Europe accounted for a significant share of global revenue in 2017 owing to rising demand from several major end-use sectors such as electronics and medical equipment & devices. However, stringent government regulations regarding purity levels are expected to hamper industry growth over the next eight years.
Growth Factors:
- Increasing demand for copper wires in the automotive and electrical industries
- Growing investments in infrastructure development
- Rising consumption of copper wires in Asia Pacific region
- Technological advancements that improve the quality and performance of copper wires
- Stringent government regulations for energy efficiency
Scope Of The Report
Report Attributes
Report Details
Report Title
high-purity Copper Wires Market Research Report
By Type
5N, 6N
By Application
Power, Medical Equipment, Information & Telecommunication, Electronics, Others
By Companies
JX Nippon Mining & Metals, Mitsubishi Materials, Hitachi Metals, Honeywell, Henan Guoxi Ultrapure New Material, Jinchuan Group International Resources, GRIKIN Advanced Material, Ningbo Weitai
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
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global high-purity Copper Wires Market Report Segments:
The global high-purity Copper Wires market is segmented on the basis of:
Types
5N, 6N
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
Power, Medical Equipment, Information & Telecommunication, Electronics, Others
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 Mining & Metals
- Mitsubishi Materials
- Hitachi Metals
- Honeywell
- Henan Guoxi Ultrapure New Material
- Jinchuan Group International Resources
- GRIKIN Advanced Material
- Ningbo Weitai
Highlights of The high-purity Copper Wires 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
- 6N
- By Application:
- Power
- Medical Equipment
- Information & Telecommunication
- Electronics
- Others
- 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 Wires 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 Wires are made of 99.9% pure copper.
Some of the key players operating in the high-purity copper wires market are JX Nippon Mining & Metals, Mitsubishi Materials, Hitachi Metals, Honeywell, Henan Guoxi Ultrapure New Material, Jinchuan Group International Resources, GRIKIN Advanced Material, Ningbo Weitai.
The high-purity copper wires market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 high-purity Copper Wires 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 Wires Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 high-purity Copper Wires 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 Wires 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 Wires Market Size & Forecast, 2020-2028
4.5.1 high-purity Copper Wires Market Size and Y-o-Y Growth
4.5.2 high-purity Copper Wires Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 5N
5.2.2 6N
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Power
6.2.2 Medical Equipment
6.2.3 Information & Telecommunication
6.2.4 Electronics
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global high-purity Copper Wires 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 Wires 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 5N
9.6.2 6N
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 Market Size Forecast by Applications
9.10.1 Power
9.10.2 Medical Equipment
9.10.3 Information & Telecommunication
9.10.4 Electronics
9.10.5 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 5N
10.6.2 6N
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 Market Size Forecast by Applications
10.10.1 Power
10.10.2 Medical Equipment
10.10.3 Information & Telecommunication
10.10.4 Electronics
10.10.5 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 5N
11.6.2 6N
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 Market Size Forecast by Applications
11.10.1 Power
11.10.2 Medical Equipment
11.10.3 Information & Telecommunication
11.10.4 Electronics
11.10.5 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 5N
12.6.2 6N
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 Market Size Forecast by Applications
12.10.1 Power
12.10.2 Medical Equipment
12.10.3 Information & Telecommunication
12.10.4 Electronics
12.10.5 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 5N
13.6.2 6N
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) Market Size Forecast by Applications
13.10.1 Power
13.10.2 Medical Equipment
13.10.3 Information & Telecommunication
13.10.4 Electronics
13.10.5 Others
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 Wires Market: Competitive Dashboard
14.2 Global high-purity Copper Wires Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 JX Nippon Mining & Metals
14.3.2 Mitsubishi Materials
14.3.3 Hitachi Metals
14.3.4 Honeywell
14.3.5 Henan Guoxi Ultrapure New Material
14.3.6 Jinchuan Group International Resources
14.3.7 GRIKIN Advanced Material
14.3.8 Ningbo Weitai
