Technavio has announced the top six leading vendors in their recentglobal oxygen free copper marketreport until 2021. This research report also lists six other prominent vendors that are expected to impact the market during the forecast period.
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Technavio has published a new report on the global oxygen free copper market from 2017-2021. (Graphic: Business Wire)
The global oxygen free copper market is expected to grow steadily during the forecast periodThe increasing demand for oxygen free copper in the electronics and electrical industry, competitive edge over normal copper, and the growth of the automotive sector are expected to drive the market. However, the market has its share of challenges that include fluctuations in the price of copper, the minimal point of difference in contrast with ordinary copper, and constraints on the global supply of copper.
Competitive vendor landscape
The global oxygen free copper market witnesses intense competition. Some of the key players in the market include Citizen Metalloys, Freeport-McMoRan, KGHM Polska Miedz, Mitsubishi Materials, National Bronze Metals, and SAM Dong America. Nonetheless, the presence of formidable players in the market exercising power and dominance, the success of a vendor in the market, by far, depends upon the receptivity and readiness of vendors to adapt to changing customer demands and the ability to cater to those demands in the most cost-effective manner.
Kshama Upadhyay, an industry expert at Technavio for research on metals and minerals, says, "The increasing demand for oxygen free copper in the electricals and electronic and transportation segments has led vendors to focus more on the production of oxygen free copper for cables, bus bars, and other related applications. Vendors, such as Mitsubishi Materials, went ahead of the competition in such a scenario as they have a deep-rooted presence in the automotive sector. However, the market is subject to intense rivalry, while favoring innovation and creativity-driven vendors, looking for opportunities to dominate the market as far as the sales of oxygen free copper is concerned."
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Top six oxygen free copper market vendors
Citizen Metalloys
Citizen Metalloys is involved in the rolling, extruding, and drawing of copper, bronze, brass, and other alloy basic shapes based on copper. The company offers oxygen free grades for the electroplating industry for enhanced copper plating and products in a variety of shapes. Some of the copper products offered by the company are either oval, circular, cylindrical rods, slabs, and nuggets. The manufacturing process of the OF (oxygen free) grade starts with the melting of high-quality copper cathodes under severely controlled conditions and casting into continuous cast rods.
Freeport-McMoRan
Freeport-McMoRan specializes in mining operations of minerals. The company explores copper cathode, copper concentrate, gold, copper rod, silver, molybdenum, and other related metals. The company produces oxygen free continuous cast copper rods, complying with ISO 9000:2000 standards. Some of the standard industry grades of the company include C102, C105, and 107.
KGHM Polska Miedz
KGHM Polska Miedz is involved in the production of precious metals, copper, nickel, molybdenum, and palladium. The prime focus of the company is the production of copper, including other metals (non-ferrous). The company is involved in the production of oxygen free copper wires using the UPCAST technology. The UPCAST technology enables the production of oxygen free copper wire of various diameters.
Mitsubishi Materials
Mitsubishi Materials engages in the manufacture and sale of cement products, materials and tools, electronic materials, and metals internationally. The 'cement' segment of the company focuses on the sale of Portland cement, ready-mixed concrete, building materials, and cement-related products. The 'metals' segment of the company is involved in smelting, developing, and processing gold, copper, silver, and other related products.
National Bronze Metals
National Bronze Metals engages in the production and distribution of bronze, brass, copper alloys and continuous cast. The company provides yellow, red brass, naval, free machining, and leaded brass products; silicon aluminum, nickel aluminum, nickel silicon, silicon, nickel tin, phosphor, tin, and manganese products; oxygen free, chromium, beryllium, cadmium, nickel, leaded, and other types of copper.
SAM Dong America
SAM Dong America specializes in the manufacture and sales of winding wires. It offers continuously transposed conductors (CTCs), rectangular wires (paper insulated), high conductivity copper wires (oxygen free), solar wires, transformer lead cables, conductors, copper shapes and strips, and other related products.
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