About Copper Powder-
Copper powder is defined as a finely ground, reddish-orange-coloured powder form of the element copper. Copper powder has high purity, low lead content, and good reproducibility. Properties of copper powders, such as electrical and thermal conductivity, morphology, chemical reactivity, and alloying possibilities, give rise to their use in catalysis, anti-fouling paint, etc. It is used to manufacture soft magnets, copper-based paints, inks, chemicals, and sintered components. Advances in production technologies, extraction methods, and applications can influence the growth of the copper powder market by making the manufacturing process more efficient and expanding the range of applications.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The copper powder market, while experiencing steady growth, faces competition from various players across different segments. The copper powder market competition landscape is dynamic and evolving. Companies are continuously striving to differentiate themselves through product innovation, cost efficiency, and strategic expansion. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
MITSUI MINING & SMELTING CO., LTD (Japan), Volza (Switzerland), Umicore (Germany), Aritech Chemazone Pvt. Ltd (India), SAFINA, a.s (Czech Republic), Kymera International (Peru), Pometon Powder (Italy), Kamman Group (India), AMERICAN CHEMET CORPORATION (United States), Anhui Xujing Crystal Powder NewMaterial Technology Co, LTD (China), Shri Manak Copper (India), GGP Metalpowder AG (China) and SCM Metal Products (Suzhou) Co., Ltd. (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Infinite Flex (Germany) and Digital Metal (Sweden).
Segmentation Overview
AMA Research has segmented the market of Global Copper Powder- market by Type (Electrolytic Copper Powder, Atomized Copper Powder, Copper Alloy Powder and Others), Application (Metal Injection Molding, Friction Components, Thermal Management, Cold Soldering, Diamond Cutting Tools, Catalyst Production and Others) and Region.
On the basis of geography, the market of Copper Powder- has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End User Industry, the sub-segment i.e. Electronic will boost the Copper Powder- market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Method, the sub-segment i.e. Atomization will boost the Copper Powder- market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increased the use of copper powder in renewable energy for the production of photovoltaic cells for solar panels.
Market Growth Drivers:
Increasing demand for copper powder in the electronic industry and Increasing adoption of additive manufacturing, also known as 3D printing
Challenges:
Production equipment of copper powder is expensive and Stringent environmental regulations related to mining, manufacturing process
Restraints:
Fluctuation in raw material prices and Copper powder may cause an allergic reaction
Opportunities:
Focus on innovations in manufacturing processes and technologies can affect the production efficiency and quality of copper powder.
Market Leaders and their expansionary development strategies
In February 2024, Kymera International, a speciality material has acquired Royal Metal Powders Inc., a manufacturer of water and air-atomised copper-based powders. The acquisition will expand Kymera’s position as a well-capitalized and high growth supplier of niche specialty materials.
In February 2021, Industrial 3D printer manufacturer Digital Metal launched a new pure copper powder, DM Cu, for use with its binder jet 3D printing technology. Users of the DM P2500 3D printer will now be able to 3D print 99.9% pure copper components on the shop floor. and In January 2022, Infinite Flex, a Germany-based developer of smart materials, launched the first pure copper powder for SLM 3D printing. Dubbed INFINITE POWDER Cu 01, the material has already been successfully tested on several standard SLM 3D printers such as the EOS M290 and Trumpf TruPrint 1000,
Key Target Audience
Supplier, Manufacturer, Research Organization, Government Regulatory and End users’ industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.