According to a recent market study published by Growth Market Report, titled, “Global Copper Powder Market by Purity (Below 99%, 99% and Above), by Distribution channel (Manufacturers, Distributors), by Application (Self Lubricating Bearing, Diamond Cutting Tools, Friction Products, Brazing, Catalyst, Thermal Conductive Pastes, Others), by End Use Industry (Aerospace and Defence, Electrical and Electronics, Building and Construction, Chemical, Automotive, Others), and Region (North America, Asia Pacific, Europe, Latin America, and Middle East & Africa (MEA)): Size, Share, Trends and Opportunity Analysis, 2016-2031”, the market was valued at USD 1,415.1 Million in 2022 and is expected to grow at a growth rate of 4.3% by the year 2031.

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As per Growth Market Report industry analyst Gargi Athalye, the “Global Copper Powder Market” is anticipated to witness significant growth during the forecast period 2023-2031. Copper is molten and the liquid metal flows through a hole, where it is impacted by a high-speed stream of gas or liquid, usually water, thereby breaking the molten metal into particles that solidify quickly. The size and shape of the particles are particularly affected by the injection fluid, pressure, and flow rate. Addition of small amounts of deoxidizing elements, such as phosphorus, also affects the particle size and shape. After atomization and incubation in a reducing atmosphere to reduce any surface oxides formed during atomization, the product is milled, graded, and mixed to achieve the required particle size distribution.

The purity of the product depends on the purity of the raw material, as purification of the melt before atomization is usually not carried out. Purity is usually greater than 99%. The powder is spherical or irregularly shaped. Particle size and shape, bulk flow, and raw strength are influenced by atomization variables and control.

The primary and secondary research methodology is used for keen observation and study of Copper Powder. The primary research methodology involves commercial agreements made with the primary respondents as well as consulting partners to extract critical information pertaining to the syndicated as well as consulting projects. Primary interviews were conducted with the stakeholders across industry verticals at regular intervals in line with the ongoing studies and to keep ourselves abreast with the latest market trends & developments. Validation of the estimated market size, and current and future trends done by the key opinion leaders (KOLs). These KOLs are the CXO level people from leading companies in the industry and possess experience of around 10-20 years in the industry. On the other hand, the secondary research methodology involves exhaustive desk research undertaken to understand the prevailing market trends & dynamics, market competition, customer insights, and other KPIs. Company websites, their SEC filings, annual reports, broker & financial reports, and investor presentations are scanned for understanding the competitive scenario, details and developments, and the overall competitive landscape. Regional government and statistical databases were analyzed for macro & microanalysis. Research publications and paid data are referred to obtain and validate the market estimations, budget, expenditure, and other statistical insights.

The outbreak of coronavirus disease in 2019 (COVID-19) restrained the global economy, created global interdependence, and challenged the governments of various nations. The pandemic raised concerns among economies and businesses by shifting focus to the online supply of consumer electronic gadgets and automotive components and creating manufacturing issues.

In January, the WHO labeled the COVID-19 outbreak as a public health emergency of global concern and proclaimed it a global pandemic in March 2020. This deadly virus has become one of the biggest pandemics in human history. The COVID-19 outbreak is a public health emergency that affected almost every industry. The long-term effects of the pandemic are expected to affect the growth of various industries during the forecast period, especially across Eastern Europe, European Union, the US, and Eastern & Central Asia.

As of October 25, 2023, this pandemic had infected over 771,549,718 people, and over 6,974,473 people died from the disease. COVID-19 cases have been registered in more than 231 countries and territories. Many countries are economically weak, while others have poor healthcare systems that affect the economy and life of people.

Key Takeaways from the Study:

  • The players include CNPC POWDER, FUKUDA METAL FOIL & POWDER CO., LTD., GGP Metalpowder AG, Innomet Powders, Kamman Group, XI'AN FUNCTION MATERIAL GROUP CO.,LTD., Youyan Powder New Materials Co., Ltd (GRIPM Advanced Materials Co. Ltd), Kymera International (SCM Metal Products (Suzhou) Co., Ltd), SCHLENK SE, Pometon Powder, MITSUI MINING & SMELTING CO.,LTD.,   Sumitomo Metal Mining Co., Ltd., Umcore, Zhejiang Xingma Copper Co., Ltd., Höganäs AB

Report Scope:

Report Metric

Details

Market Value in 2022

USD 1,415.1 Million

Market Growth Rate (from 2023 to 2031)

4.3%

Historical Data

2016 & 2021

Base Year

2022

Forecast Period

2023 – 2031

Units Considered

Value (USD Million)

Market Segments

By Purity (Below 99%, 99% And Above), By Distribution Channel (Manufacturers, Distributors), By Application (Self Lubricating Bearing, Diamond Cutting Tools, Friction Products, Brazing, Catalyst, Thermal Conductive Pastes, Others), By End Use Industry (Aerospace And Defense, Electrical And Electronics, Building And Construction, Chemical, Automotive, Others), And Region (North America, Asia Pacific, Europe, Latin America, And Middle East & Africa (MEA))

Key Companies Profiled

CNPC POWDER, FUKUDA METAL FOIL & POWDER CO., LTD., GGP Metalpowder AG, Innomet Powders, Kamman Group, XI'AN FUNCTION MATERIAL GROUP CO.,LTD., Youyan Powder New Materials Co., Ltd (GRIPM Advanced Materials Co. Ltd), Kymera International (SCM Metal Products (Suzhou) Co., Ltd), SCHLENK SE, Pometon Powder, MITSUI MINING & SMELTING CO.,LTD.,   Sumitomo Metal Mining Co., Ltd., Umcore, Zhejiang Xingma Copper Co., Ltd., Höganäs AB

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail tailor-made purchase options to meet your research requirements.

 

Target Audience:

  • Supply-side: Raw material suppliers and Manufactures

  • Demand Side: Recycled copper scrap manufacturing companies

  • Regulatory Side: Concerned government authorities, and other regulatory bodies.