Ultra Fine Copper Powder Market Analysis

Global Ultra-Fine Copper Powder (99.9999%) Market Overview

Global Ultra-Fine Copper Powder (99.9999%) Market Size was valued at USD 590.8 million in 2021. The Ultra-Fine Copper Powder (99.9999%) market industry is projected to grow from USD 633.2  million in 2022 to USD  1,098.1 million by 2030, exhibiting a compound annual growth rate (CAGR) of 7.12% during the forecast period (2024 - 2030). Rising demand for ultra-fine copper powder (99.9999%) in the end-use industry is driving market growth.

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Ultra-Fine Copper Powder (99.9999%) Market Trends

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  Increasing diverse applications in end-use industries represents one of the major factors to boost market growth globally.

  
  

The applications for ultra-fine copper powders are expanding rapidly and are no longer limited to powder metallurgy. Copper powder is actively utilized in practically all sectors of technology due to its high electrical and thermal conductivity, and its application range is continually expanding. Its properties are widely employed, and as a result, it is in high demand, with tonnes of ultra-copper powder provided each year. Various applications of copper, such as for material wear and friction or to repair fractures in medical treatments, are driving the growth of this market internationally. Although several varieties of ultra-fine copper powder can be used interchangeably, certain powders have significant benefits in certain applications due to distinctive properties.

Copper powder is a common substance in powder metallurgy. Because of its high flow rate and strength, atomized ultra-fine copper powder is suited for most powder metallurgy applications. Ultra-fine copper powder is a highly electroconductive substance that mixes, presses, and sinters well. If high purity copper powder is requested, it can be utilized in electronic and electrical applications needing high conductivity. Electronic applications such as conductive fillers and EMI shielding film benefit greatly from this material. Because of its high purity, electrolytic ultra-fine copper powder is ideal for powder metallurgy components in the electronic and electrical sectors that require excellent electrical and thermal conductivities. Ultra-fine copper powder is also utilized in the aerospace industry to create rocket nozzles due to its high melting point of copper. In biological applications, Ultra-fine copper powder is also employed. Among these, the development of antimicrobial compounds has received the most attention. Copper nanoparticles' antimicrobial mechanism is that metal ions produced by the particles may infiltrate the bacterium. Following that, metal ions will interact with DNA, distorting it and interfering with its biological activity. In medical therapy, ultra-fine copper powder is also used to treat osteoporosis, fractures, and other disorders. It can be processed into a little more costly, specialty but less common nano-sized copper powder.

Ultra-fine copper powder has a high catalytic activity and is employed as a catalyst in the carbon dioxide and hydrogen synthesis of methanol reactions. The polymerization of acetylene was successfully accelerated by nano copper particles. Ultra-fine copper powder contains more holes and a larger specific surface area due to the volume effect, surface effect, and quantum size effect, which leads to its high surface activity and outstanding catalytic performance. Moreover, copper catalyst has small particle size, strong oxidation resistance, and a simple method, making it suitable for a wide range of catalytic processes. It is utilized in the production of high-efficiency catalysts. According to the catalysed substance's Highlights in Science, Engineering, and Technology WPEMD 2022 Volume 29 (2023) 88 properties, copper powder can be used to catalyse the process alone, loaded on other substances, or formed into alloys with other metals for catalysis. Carbon, silver, copper, nickel, and composite are now the most common fillers. Copper powder has a high electrical conductivity and a low price when used as a conductive filler in electromagnetic wave shielding coatings.

Ultra-fine copper powder is disseminated in various lubricating oils in a suitable manner to produce a stable suspension, which may be an excellent lubricant that decreases material and equipment wear and friction, particularly under heavy loads and low speeds. It is more critical in high-temperature vibration and is incredibly vital in preserving materials and equipment. It has stronger anti-wear and anti-friction qualities than standard lubricating oils and has become an anti-wear and anti-friction addition for a new generation of lubricating oil. In recent years, the amount of copper powder produced has climbed by around more than 10% each year, but the demand for ultra-fine copper powder has expanded at a faster rate. Henceforth, expanding diverse applications in end-use industries is expected to propel market growth of ultra-fine copper powder (99.9999%) market.

Ultra-Fine Copper Powder (99.9999%) Market Segment Insights

Ultra-Fine Copper Powder (99.9999%) Type Insights

The global ultra-fine copper powder (99.9999%) market segmentation, based on type, the global ultra-fine copper powder (99.9999%) market has been segmented into nano copper particles powder and micro copper particles powder. In 2021, the micro copper particle powder segment drove the global ultra-fine copper powder (99.9999%) market by holding a substantial market share with a market value of USD 553.12 million. It is projected to register a 7.22% CAGR with respect to the global ultra-fine copper powder (99.9999%) market revenue during the projected timeframe. The growing consumption of ultra-fine copper powder (99.9999%) owing to the rise in population is accelerating the growth of ultra-fine copper powder (99.9999%) during the forecast period.

Figure 2: Global Ultra-Fine Copper Powder (99.9999%) Market, by Type, 2021 & 2023 (USD Million)

Ultra-Fine Copper Powder (99.9999%) Application Insights

Based on application, the global ultra-fine copper powder (99.9999%) industry has been segmented into electrical & electronics, chemicals, pharmaceuticals and others. The electrical & electronics segment generates a consistent and hefty demand for ultra-fine copper powder (99.9999%). In 2021, the electrical & electronics segment held the largest market share with a market value of USD 345.6 million. It is projected to register a 7.30 % CAGR during the projected timeframe. The second fastest-growing segment in the ultra-fine copper powder (99.9999%) industry is chemicals. The rise in demand for affordable precious metals is along with growing consumer electronics demand globally is accelerating the ultra-fine copper powder (99.9999%) market.

Ultra-Fine Copper Powder (99.9999%)  Regional Insights

By Region, the study segments the market into North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. Asia-Pacific region is anticipated to drive the global ultra-fine copper powder (99.9999%) market throughout the forecast period. The Asia-Pacific region is anticipated to offer a total incremental opportunity of USD 617.1 million with a CAGR of 7.42% by the end of 2030. The rapid digital transformation and potential increasing demand in electronics industry is accelerating the ultra-fine copper powder (99.9999%) market during the forecast period. Moreover, the china ultra-fine copper powder (99.9999%) market held the largest market share, and the India ultra-fine copper powder (99.9999%) market was the fastest-growing market in the Asia-Pacific region.

Further, the major countries studied are The U.S., Canada, Germany, France, the UK, Italy, Spain, Japan, Australia, South Korea, and Brazil.

Figure 3: Global Ultra-Fine Copper Powder (99.9999%) Market Share by Region 2021 and 2030 (USD Million)

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

The Europe ultra-fine copper powder (99.9999%) market accounted for USD 104.3 million in 2021 and is expected to exhibit a 8.5% CAGR during the study period. The increasing demand affordable precious metals along with diverse applications in various end use industry is accelaring the market growth. Moreover, the German ultra-fine copper powder (99.9999%) market held the largest market share, and the France ultra-fine copper powder (99.9999%) market was the fastest-growing market in the European region

North America's ultra-fine copper powder (99.9999%) market accounts for the third-largest market share due to the rapid industrialization and increase in demand for ultra-fine copper powder (99.9999%) in various end use industry.. Further, the US ultra-fine copper powder (99.9999%) market held the largest market share, and the Canadian ultra-fine copper powder (99.9999%) market also holds a significant market share in the North American region.

Ultra-Fine Copper Powder (99.9999%)  Key Market Players & Competitive Insights

Major market players are spending a lot of money on R&D to increase their product lines, which will help the Ultra-Fine Copper Powder (99.9999%) market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, including new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the ultra-fine copper powder (99.9999%) industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.

One of the primary business strategies adopted by manufacturers in the global Ultra-Fine Copper Powder (99.9999%) industry to benefit clients and expand the Ultra-Fine Copper Powder (99.9999%) market sector is to manufacture locally to reduce operating costs. In recent years, ultra-fine copper powder (99.9999%) has come up with various features with some of the most significant benefits.

In January 2023, SRL collaborates with Romical Ltd for Distribution in Israel. Sisco Research Laboratories Pvt. Ltd. (SRL) had joined hands with Israel-based Distributors, Romical Ltd for the distribution of complete range SRL products in Israel. Also, in November 2020, Aperam and Tekna are announcing the signing of an agreement for the creation of a joint venture to combine Aperam’s expertise in Nickel & Specialty Alloys with Tekna’s unique wire plasma atomization technology to pursue growth opportunities in Nickel and Specialty Alloy spherical powders for advanced additive manufacturing technologies.

Key Companies in the Ultra-Fine Copper Powder (99.9999%) Market include

• GGP METALPOWDER AG


• Mitsui Mining & Smelting Co., Ltd.


• Umcor


• Blockchain Mercantile Corporation


• Cnpc Powder


• Nanoshell Llc


• American Elements


• Pometon Powder


• Stanford Advanced Materials


• Tekna


• Nanografi Nano Technology


• Sisco Research Laboratories Pvt. Ltd.

Ultra-Fine Copper Powder (99.9999%)  Industry Developments

In February 2023 American Elements Announces New Fusion Energy Division: Los Angeles-based American Elements announced the launch of AE Fusion Energy with the addition of new production facilities to meet growing demand for advanced materials associated with R&D & scaled production at its fusion energy partner customers.

In September 2022 IRON+ (joint venture between Pometon, EMGroup and Metalot) and Swinkels Family Brewers signed a letter-of-intent to build the first fully operational commercial MegaWatt size plant ever operating on Iron Power for supplying sustainable process heat for the brewing process of Swinkels Family Brewers in the coming 20 years.

In May 2022 Blockchain Mercantile Company announced the launch of their first tokenized commodity, Ultrafine Copper Powder MBX (UCP MBX). It is fully backed by copper powder with copper purity of 99.999+% and ultrafine particle size. The underlying physical assets are stored in a duty-free safekeeping facility near Zurich, Switzerland.

In November 2020 American Elements Launches Life Science Manufacturing Group: American Elements announced its expansion into the life sciences industry with a new manufacturing group devoted to life science and organic chemistry products. This new 6,000+ product division results from the consolidation & expansion of the Company's decades of experience bulk manufacturing organic & organo-metallic chemicals.

In October 2020 Tekna’s copper nanopowder as an antiviral agent in personal protective equipment to combat COVID-19: Tekna has announced a collaboration with the Université du Québec à Trois-Rivières (UQTR) to develop an antibacterial and antiviral fabric treatment. Tekna will supply its copper nanopowder, manufactured with its 30-year proven plasma technology. Furthermore, Tekna will bring cutting-edge expertise to develop copper-based antiviral solutions and related products against SARS-CoV-2.

In February 2020 SRL receives Best SME 2020 Award: Sisco Research Laboratories Pvt Ltd was presented an award at the SME Excellence award function organized by the Small & Medium Enterprise (SME) Chamber of India at Sahara Star Hotel, Mumbai.

In April 2019 Pometon has developed a new range of copper and silver coated copper powders for the electrical contacts and electronic components industry. A closely basic analysis has allowed to achieve innovative industrial processes for the manufacturing of powders by shape and restrained particle-size analysis; the possible sheeting with a metallic silver smooth coating will considerably increase the electrical conductivity and the strenght to oxidation, optimizing the use of such precious metal.

Ultra-Fine Copper Powder (99.9999%) Market Segmentation

Ultra-Fine Copper Powder (99.9999%) Type Outlook

• Nano Copper Particles Powder


• Micro Copper Particles Powder

Ultra-Fine Copper Powder (99.9999%) Application Outlook

• Electrical & Electronics


• Chemicals


• Pharmaceuticals


• Others

Ultra-Fine Copper Powder (99.9999%) Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Russia
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia & Newzeland
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East
  
  
  • Africa
  
  
  • Latin America