Dublin, April 24, 2025 (GLOBE NEWSWIRE) -- The "Oxygen Free Copper - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Oxygen Free Copper was valued at US$22.3 Billion in 2024 and is projected to reach US$29.5 Billion by 2030, growing at a CAGR of 4.7% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The report includes the most recent global tariff developments and how they impact the Oxygen Free Copper market.
Tariff Impact Analysis: Key Insights for 2025
Global tariff negotiations across 180+ countries are reshaping supply chains, costs, and competitiveness. This report reflects the latest developments as of April 2025 and incorporates forward-looking insights into the market outlook.
The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.
What's Included in This Edition:
- Tariff-adjusted market forecasts by region and segment
- Analysis of cost and supply chain implications by sourcing and trade exposure
- Strategic insights into geographic shifts
Buyers receive a free 2025 update with:
- Finalized tariff impacts and new trade agreement effects
- Updated projections reflecting global sourcing and cost shifts
- Expanded country-specific coverage across the industry
What Is Driving the Growth of the Oxygen-Free Copper Market?
The growth in the oxygen-free copper market is driven by several factors, including the increasing demand for high-performance electronic components, the growth of renewable energy, and advancements in telecommunications infrastructure. One of the primary drivers is the expanding electronics industry, particularly the growing need for highly conductive materials in semiconductors, circuit boards, and advanced audio-visual equipment.
The rise of renewable energy technologies, such as solar panels and wind turbines, is also driving demand for oxygen-free copper, as its superior conductivity enhances the efficiency of energy systems. In telecommunications, the shift toward high-speed data transmission and the expansion of 5G networks are boosting demand for OFC cables, which provide clearer signals and less interference.
Additionally, the aerospace and automotive industries are contributing to market growth, as they increasingly rely on oxygen-free copper for critical components that require durability and precision. The global trend toward miniaturization in electronics and the demand for higher energy efficiency are further propelling the market, as oxygen-free copper offers the necessary performance characteristics for next-generation technologies.
Report Scope
The report analyzes the Oxygen Free Copper market, presented in terms of units. The analysis covers the key segments and geographic regions outlined below.
Segments:
- Form (Wire, Strips, Busbar & Rod, Other Forms)
- End-Use (Electronics & Electrical, Automotive, Other End-Uses)
Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Wire segment, which is expected to reach US$12.7 Billion by 2030 with a CAGR of a 5.2%. The Strips segment is also set to grow at 5.7% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $6.0 Billion in 2024, and China, forecasted to grow at an impressive 8.0% CAGR to reach $6.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Key Questions Answered:
- How is the Global Oxygen Free Copper Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as Aero Industries, Aurubis AG, Aviva Metals, Inc., Citizen Metalloys Ltd., Cupori Oy and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 47 companies featured in this Oxygen Free Copper market report include:
- Aero Industries
- Aurubis AG
- Aviva Metals, Inc.
- Citizen Metalloys Ltd.
- Cupori Oy
- Farmers Copper Ltd.
- Freeport-Mcmoran Inc.
- IBC Advanced Alloys Corporation
- KGHM Polska Miedz S.A.
- KME Germany GmbH & Co. KG
- Luvata Oy
- Metrod Holdings Berhad
- Mitsubishi Materials Corporation
- MKM Mansfelder Kupfer und Messing GmbH
- Pan Pacific Copper Co., Ltd.
- Sam Dong America
- Shanghai Metal Corporation
- Wieland-Werke AG
- Zhejiang Libo Holding Group Co., Ltd
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 197 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value (USD) in 2024 | $22.3 Billion |
| Forecasted Market Value (USD) by 2030 | $29.5 Billion |
| Compound Annual Growth Rate | 4.7% |
| Regions Covered | Global |
Key Topics Covered:
MARKET OVERVIEW
- Tariff Impact on Global Supply Chain Patterns
- Global Economic Update
- Oxygen Free Copper - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
- Rising Demand for High-Conductivity Copper in Electronics Spurs Growth in the Oxygen-Free Copper Market
- Increasing Use of Oxygen-Free Copper in Semiconductor Manufacturing Strengthens Market for High-Purity Materials
- Technological Advancements in Copper Refining Processes Propel Growth in Ultra-Pure Oxygen-Free Copper
- Growing Adoption of Oxygen-Free Copper in Electric Vehicles (EVs) Expands Market for High-Efficiency Conductors
- Surge in Demand for Oxygen-Free Copper in Aerospace Applications Fuels Market for High-Performance Conductive Materials
- Rising Use of Oxygen-Free Copper in Audio and Video Cables Expands Market for High-Fidelity Signal Transmission
- Technological Innovations in Microelectronics and PCB (Printed Circuit Board) Manufacturing Strengthen Demand for Oxygen-Free Copper
- Increasing Application of Oxygen-Free Copper in Renewable Energy Systems Expands Market for Power Transmission Components
- Rising Focus on High-Durability and Corrosion-Resistant Materials Fuels Demand for Oxygen-Free Copper in Harsh Environments
- Growing Use of Oxygen-Free Copper in High-Frequency RF (Radio Frequency) Applications Expands Market for Telecom and Networking Equipment
- Surge in Demand for Oxygen-Free Copper in Medical Devices Strengthens Market for Precision Electrical Components
FOCUS ON SELECT PLAYERS
- Aero Industries
- Aurubis AG
- Aviva Metals, Inc.
- Citizen Metalloys Ltd.
- Cupori Oy
- Farmers Copper Ltd.
- Freeport-Mcmoran Inc.
- IBC Advanced Alloys Corporation
- KGHM Polska Miedz S.A.
- KME Germany GmbH & Co. KG
- Luvata Oy
- Metrod Holdings Berhad
- Mitsubishi Materials Corporation
- MKM Mansfelder Kupfer und Messing GmbH
- Pan Pacific Copper Co., Ltd.
- Sam Dong America
- Shanghai Metal Corporation
- Wieland-Werke AG
- Zhejiang Libo Holding Group Co., Ltd
For more information about this report visit https://www.researchandmarkets.com/r/2owv4r
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