New York 10013, United States of America – March 24, 2022 —
Copper Powder Market Overview
The Copper Powder Market Size is expected to grow at a CAGR of 4.22% and reach over USD 941.52 Million by the end of the forecast period. Copper powder is a gleaming orange-red metallic powder that is commonly used in cold casting. Copper powder is commercially available in a wide range of particle forms and sizes. Electrolytic and chemical powders display poor packing and poor rheology in molding. Copper powder is typically provided with desiccant in industrial settings, and careful powder storage is required to avoid oxidation between purchase and use. The tremendous rise in the importance of powder metallurgy has boosted copper powder sales all around the world. It is mostly made by atomization of gas and water, electrolysis, hydrometallurgy, and solid-state reduction. The copper metal is melted during the atomization process.
A high-velocity stream of gas or liquid, usually water, strikes the liquid metal, shattering it into particles that solidify quickly. Suitable copper conditions, such as electrolyte composition and concentration, temperature, and current density, are deposited in a spongy or powdery state during the electrolysis process. Washing, drying, reducing, annealing, and crushing are all steps in the electrolysis process, which results in a high-purity and high-density copper powder. In the hydrometallurgy process, copper is recovered from cement copper, concentrates, or scrap copper with the use of sulfuric acid or ammoniacal solution.
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Key Players
The major market players in the market are
- Kymera International (US),
- Gripm Advanced Materials (China),
- GGP Metalpowder AG (Germany),
- Pometon S.p.A. (Italy),
- Carl Schlenk AG (Germany),
- Changsung Corporation (Korea)
- SAFINA Materials (Romania)
- American Chemet Corporation (US)
Copper Powder Market Segmentation
Based on the type, the Global Copper Powder Market is segmented into < 100 Mesh, 100 – 200 Mesh, 200 – 300 Mesh, 300 – 400 Mesh, and > 400 Mesh.
Based on the process, the Global Copper Powder Market is segmented into Atomization, Electrolysis, Hydrometallurgy, and Solid-state reduction.
Based on the end-use, the Global Copper Powder Market is segmented into Metallurgy, Chemical, Electronics, Additive manufacturing, and Others.
Based on the region, the Global Copper Powder Market is segmented into North America (US, Canada), Europe (Germany, UK, France, Russia, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia &New Zealand, and Rest of Asia-Pacific), Latin America (Mexico, Brazil, Argentina, Rest of Latin America), Middle East & Africa (GCC Countries, South Africa, Rest of the Middle East & Africa).
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Regional Classification
Due to the presence of large-scale industrial hubs, particularly in China and Japan, the Asia-Pacific market accounts for the highest share of the Copper Powder Market. Furthermore, the Copper Powder market in the region is expected to grow due to its accessibility to raw materials, dynamic economy, and developing industrial countries. Due to the rise of manufacturing businesses in numerous industries such as real estate, aviation, automotive, and others, Europe was the second-largest market in the Copper Powder Market. Increased use of copper powder in energy applications such as wind turbines, wires and cables, electrical motors, and HVAC, as well as promising growth in key economies such as Germany, France, and the United Kingdom, are expected to drive the market in the area over the forecast period.
Recent Development
Jan 2022 – Infinite Flex, a smart materials firm based in Neu-Isenburg, Germany, and Taicang, China, has released Infinite Powder Cu 01, a pure copper powder used in Laser Beam Powder Bed Fusion (PBF-LB) machines. The powder has been effectively tested on the Canon EOS M290 and the Trumpf TruPrint 1000. Pure copper is used in practically every industry because of its excellent electrical and thermal conductivity. Due to its refractory properties, laser-based Additive Manufacturing has typically struggled to utilize the element.
Mar 2021 – The Swedish researchers have demonstrated that it is possible to increase the processability of copper powders while simultaneously improving the qualities of the final printed parts in partnership with graphene materials company Graphmatech. Copper powder’s reflectivity has been reduced, and its printability for laser additive manufacturing has been enhanced, resulting in more densely produced objects. The researchers employed Aros Graphene from Graphmatech, a novel hybrid material that maintains graphene flakes apart. At the same time, they are spread into other materials, allowing them to preserve many of graphene’s valuable features.
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Table of Content
1 EXECUTIVE SUMMARY 26
1.1 MARKET ATTRACTIVENESS ANALYSIS 28
1.1.1 GLOBAL COPPER POWDER MARKET, BY TYPE 29
1.1.2 GLOBAL COPPER POWDER MARKET, BY PROCESS 30
1.1.3 GLOBAL COPPER POWDER MARKET, BY END USE 31
1.1.4 GLOBAL COPPER POWDER MARKET, BY REGION 32
2 MARKET INTRODUCTION 33
2.1 DEFINITION 34
2.2 SCOPE OF THE STUDY 34
2.3 RESEARCH OBJECTIVE 34
2.4 MARKET STRUCTURE 35
2.5 KEY BUYING CRITERIA 35
3 RESEARCH METHODOLOGY 36
4 MARKET INSIGHTS 43
5 COMPETITIVE LANDSCAPE 47
5.1 MARKET INTRODUCTION 48
5.2 GLOBAL COMPETITIVE ENVIRONMENT 49
5.3 KEY PLAYER CATEGORIZATION 50
5.4 VENDOR LANDSCAPE 51
5.5 GLOBAL MARKET STRATEGY ALLIANCES ANALYSIS 52
6 COMPANY PROFILES 53
6.1 MITSUI MINING & SMELTING CO., LTD 54
6.1.1 COMPANY OVERVIEW 54
6.1.2 FINANCIAL OVERVIEW 54
6.1.3 PRODUCTS OFFERED 55
6.1.4 KEY DEVELOPMENTS 55
6.1.5 SWOT ANALYSIS 56
6.1.6 KEY STRATEGIES 56
6.2 SUMITOMO METAL MINING CO. LTD 57
6.2.1 COMPANY OVERVIEW 57
6.2.2 PRODUCTS OFFERED 58
6.2.3 KEY DEVELOPMENTS 58
6.2.4 SWOT ANALYSIS 59
6.2.5 KEY STRATEGIES 59
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