The global Oxygen-Free Copper market size is projected to reach USD 26 billion by 2026 at a CAGR of 5.6% from USD 20.5 billion in 2021 during the forecast period 2021-2028.
Oxygen-free copper (OFC) also known as oxygen-free high thermal conductivity (OFHC) copper is a class of copper alloys which are having high conductivity and are electrolytically refined. The solution usd the refining process is of copper sulfate and sulfuric acid.
With the surge in demand for increasing sale of electric vehicles along with strong demand for oxygen free copper are some of the factors that have supported long-term expansion for Oxygen-Free Copper Market.
The COVID-19 pandemic is causing widespread concern and economic hardship for consumers, businesses, and communities across the globe. Due to the closure of mines and reduced production of copper has declined the market.
Asia Pacific is expected to be the largest market during the forecast period the surge in demand for electrically driven automobiles along with many the major end users located in the region have led to growth in the oxygen free copper in the region.
Insights are provided for each region and major countries within the regions
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Report Feature |
Descriptions |
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Market Revenue In 2021 |
USD 20.5 billion |
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Growth Rate |
CAGR of 5.6% during the forecasting period, 2021-2028 |
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Historical Data |
2018-2019 |
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Forecast Years |
2021-2028 |
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Base Year |
2020 |
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Units Considered |
Revenue in USD million and CAGR from 2021 to 2028 |
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Report Segmentation |
Grade, Product Form, End-Use Industry and geography |
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Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
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Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
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Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
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Companies Profiled |
KGHM Polska Miedz SA, Hitachi Metals Neomaterials Ltd., Zhejiang Libo Holding Group, Mitsubishi Materials Corporation, Metrod Holdings Berhad, Aviva Metals, KME Germany GmbH, and Sam Dong |
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Available Customization |
In addition to the market data for Oxygen-Free Copper Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |
Oxygen-Free Copper Market is segmented into Grade, Product Form, End-Use Industry and geography.
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