Market Overview:
The global high purity oxygen free copper strip market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for high purity oxygen free copper strip in various applications such as electronics & electrical, automotive & aerospace, and others. In addition, the growing demand for lightweight and durable materials in automobiles is also propelling the growth of the global high purity oxygen free copper strip market. North America dominates the global high purity oxygen free copper strip market followed by Europe and Asia Pacific.
Product Definition:
High purity oxygen free copper strip is a type of copper that has been purified to remove all traces of oxygen. This type of copper is important for use in electronic applications, as the presence of oxygen can cause corrosion and damage to electronic devices.
4N:
4N is the fourth generation of High Purity Oxygen Free (HPOF) copper strip. It is a single-crystal, non-oxidizing material with uniform thickness and high electrical conductivity. 4N copper has replaced 3M in electronic applications due to its superior properties such as low resistivity and easy fabrication process. The product demand is expected to be driven by growing electronics industry over the forecast period.
5N:
5N is a term used for the purity level of copper in electrical and electronic applications. It is also used as an indicator of high-purity oxygen-free copper (HPC) strip quality. The 5N standard has been adopted by most major manufacturers across the globe to test their HPC products’ quality, which ensures uniformity, high conductivity, and low resistance in alloys or sheets produced from refined or non-refined coppers.
Application Insights:
Electronics & electrical was the largest application segment in 2016 and is expected to continue its dominance over the forecast period. The product has wide applications in electronic and electrical industry including power supply units, printed circuit boards, telecommunication equipment among others. It is also used as an additive material for manufacturing semiconductors which are used in various electronic products such as smartphones among others.
Automotive & aerospace accounted for a significant market share of 19% by volume in 2016 owing to increasing use of oxygen-free copper strips (OFOC) as anode materials for lithium-ion batteries due to their high electrochemical stability under high temperatures and low volatility during charging operations. In addition, they offer excellent resistance towards corrosion which further aids its penetration into the market on a large scale over the coming years.
Regional Analysis:
Asia Pacific was the leading regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global production owing to low labor costs, which has attracted many foreign investors. China is one of the largest producers and consumers of high purity oxygen-free copper strip globally. Growing demand from various end-use industries such as electronics, automotive, aerospace will drive growth further.
The European market accounted for a significant share in terms of volume as well as revenue in 2017 due to large-scale investments made by domestic manufacturers such as Roerig AG & Co., PQ Corporation (Bayer), Sotiraq GmbH (Sofina) and others are anticipated to boost product demand over the forecast period.
Growth Factors:
- Increasing demand for copper strip in various end-use industries such as automotive, electrical and electronics, and construction is expected to drive the growth of the global high purity oxygen free copper strip market during the forecast period.
- The increasing use of oxygen free copper strip in power transmission and distribution is another major factor that is anticipated to fuel the growth of this market in the near future.
- Rising demand for miniaturized electronic devices is also projected to boost the demand for high purity oxygen free copper strip globally over the next few years.
- Growing awareness about benefits offered by using high purity oxygen free copper strips as compared to other types of metal strips is likely to propel market growth in forthcoming years. 5) Continuous technological advancements taking place across various end-use industries are expected to create new opportunities for players operating in this market over forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
High Purity Oxygen Free Copper Strip Market Research Report
By Type
4N, 5N
By Application
Electronics & Electrical, Automotive & Aerospace
By Companies
Libo Group, Metrod, Luvata, Wanbao Group, Jintian Copper, Krishna Copper, Avia Metals, KME Copper, Aurubis
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
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global High Purity Oxygen Free Copper Strip Market Report Segments:
The global High Purity Oxygen Free Copper Strip market is segmented on the basis of:
Types
4N, 5N
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
Electronics & Electrical, Automotive & Aerospace
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:
- Libo Group
- Metrod
- Luvata
- Wanbao Group
- Jintian Copper
- Krishna Copper
- Avia Metals
- KME Copper
- Aurubis
Highlights of The High Purity Oxygen Free Copper Strip 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:
- 4N
- 5N
- By Application:
- Electronics & Electrical
- Automotive & Aerospace
- 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 Oxygen Free Copper Strip 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 oxygen free copper strip is a type of copper wire that has been stripped of any impurities, including oxygen. This type of copper is ideal for use in electrical and electronic applications because it has a high resistance to corrosion and a low reactivity.
Some of the major companies in the high purity oxygen free copper strip market are Libo Group, Metrod, Luvata, Wanbao Group, Jintian Copper, Krishna Copper, Avia Metals, KME Copper, Aurubis.
The high purity oxygen free copper strip 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 Oxygen Free Copper Strip 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 Oxygen Free Copper Strip Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 High Purity Oxygen Free Copper Strip 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 Oxygen Free Copper Strip 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 Oxygen Free Copper Strip Market Size & Forecast, 2018-2028 4.5.1 High Purity Oxygen Free Copper Strip Market Size and Y-o-Y Growth 4.5.2 High Purity Oxygen Free Copper Strip Market Absolute $ Opportunity
Chapter 5 Global High Purity Oxygen Free Copper Strip 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 Oxygen Free Copper Strip Market Size Forecast by Type
5.2.1 4N
5.2.2 5N
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global High Purity Oxygen Free Copper Strip 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 Oxygen Free Copper Strip Market Size Forecast by Applications
6.2.1 Electronics & Electrical
6.2.2 Automotive & Aerospace
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Purity Oxygen Free Copper Strip 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 Oxygen Free Copper Strip 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 Oxygen Free Copper Strip Analysis and Forecast
9.1 Introduction
9.2 North America High Purity Oxygen Free Copper Strip 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 Oxygen Free Copper Strip Market Size Forecast by Type
9.6.1 4N
9.6.2 5N
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 Oxygen Free Copper Strip Market Size Forecast by Applications
9.10.1 Electronics & Electrical
9.10.2 Automotive & Aerospace
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 Oxygen Free Copper Strip Analysis and Forecast
10.1 Introduction
10.2 Europe High Purity Oxygen Free Copper Strip 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 Oxygen Free Copper Strip Market Size Forecast by Type
10.6.1 4N
10.6.2 5N
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 Oxygen Free Copper Strip Market Size Forecast by Applications
10.10.1 Electronics & Electrical
10.10.2 Automotive & Aerospace
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 Oxygen Free Copper Strip Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High Purity Oxygen Free Copper Strip 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 Oxygen Free Copper Strip Market Size Forecast by Type
11.6.1 4N
11.6.2 5N
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 Oxygen Free Copper Strip Market Size Forecast by Applications
11.10.1 Electronics & Electrical
11.10.2 Automotive & Aerospace
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 Oxygen Free Copper Strip Analysis and Forecast
12.1 Introduction
12.2 Latin America High Purity Oxygen Free Copper Strip 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 Oxygen Free Copper Strip Market Size Forecast by Type
12.6.1 4N
12.6.2 5N
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 Oxygen Free Copper Strip Market Size Forecast by Applications
12.10.1 Electronics & Electrical
12.10.2 Automotive & Aerospace
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 Oxygen Free Copper Strip Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High Purity Oxygen Free Copper Strip 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 Oxygen Free Copper Strip Market Size Forecast by Type
13.6.1 4N
13.6.2 5N
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 Oxygen Free Copper Strip Market Size Forecast by Applications
13.10.1 Electronics & Electrical
13.10.2 Automotive & Aerospace
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 Oxygen Free Copper Strip Market: Competitive Dashboard
14.2 Global High Purity Oxygen Free Copper Strip Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Libo Group
14.3.2 Metrod
14.3.3 Luvata
14.3.4 Wanbao Group
14.3.5 Jintian Copper
14.3.6 Krishna Copper
14.3.7 Avia Metals
14.3.8 KME Copper
14.3.9 Aurubis