About Spherical Copper Powder
Spherical copper (Cu) powder is an ultrafine metal powder with high dispersibility, high filling properties, and uniform particle size. The properties of spherical copper powder are high powder sphericity, smooth surface, fewer satellite balls, low oxygen content, and many more. They are used to manufacture electronic devices, additive manufacturing processes, dental fillings, orthopaedic implants, etc. Ongoing advancements in powder metallurgy techniques have led to the development of spherical copper powder with enhanced properties such as improved flowability, high purity, and controlled particle size distribution. These advancements have expanded the potential applications of copper powder in industries such as aerospace, healthcare, and energy.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market is highly competitive with the active presence of dominant players. The spherical 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.
GGP Metalpowder AG (China), Sumitomo Metal Mining Co., Ltd (Japan), Pometon Powder (Italy), Ames Goldsmith Corporation (United States), Makin Metal Powders (United Kingdom), NIPPON ATOMIZED METAL POWDERS CORPORATION (Japan), GRIPM advanced material co ltd (China), MITSUI MINING & SMELTING CO., LTD (Japan), LINBRAZE S.r.l. (Italy), Shri Manak Copper (India), CNPC POWDER (Canada), Fliar BI. (India), Fukuda Metal Foil & Power Co., Ltd (Japan), Thermo Fisher Scientific Inc. (United States) and Infinite Flex (Germany) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Spherical Copper Powder market by , Application (Metallurgical Alloying, Decorative (including cold casting), Welding and Brazing, Diamond Tooling, Anti-Fouling Paints and Surface Engineering) and Region.
On the basis of geography, the market of Spherical 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. Manufacturing will boost the Spherical Copper Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Production Method, the sub-segment i.e. Purity will boost the Spherical Copper Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increased use of spherical copper powder in additive manufacturing processes, particularly in metal 3D printing.
Market Growth Drivers:
Increasing use in the electronics industry for the production of electronic components and Expanding importance in automotive industry
Challenges:
Copper mining and refining processes can have adverse environmental impacts, and Production equipment of copper powder is expensive
Restraints:
Spherical copper powder causes allergic reaction and It may burn in air or become an explosion hazard
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 global leaders in the specialty materials field manufacturing industrial coatings acquired Royal Metal Powders manufactures water and air atomized powders. The acquisition of Royal’s assets reinforces Kymera’s position as a well-capitalized and high growth supplier of niche specialty materials.
In January 2022, Infinite Flex, a Germany-based developer of smart materials, launched what it claims to be the world’s first pure copper powder for SLM 3D printing. Dubbed INFINITE POWDER Cu 01, the material has tested on a number of standard SLM 3D printers such as the EOS M290 and Trumpf TruPrint 1000, and is now commercially available.
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.