Oxygen Free Copper Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity
The oxygen free copper market was estimated at US$ 18.1 billion in 2021 and is expected to grow at a CAGR of 5.1% during 2022-2028 to reach US$ 24.5 billion by 2028. Oxygen free copper (OFC), also known as oxygen-free high thermal conductivity (OFHC) copper, has low oxygen content. OFC is used in various applications, including electrical and electronic products, high-end audio equipment, vacuum tubes, and other high-performance components. OFC has high thermal and electrical conductivity, low thermal expansion, and excellent solderability, making it an ideal material for many applications.