Ultrafine Copper Powder Market Forecast, Trend Analysis & Competition Tracking - Global Industry Insights 2015 to 2031

Ultrafine Copper Powder Market Overlook:

“The Ultrafine Copper Powder Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”

Ultrafine copper powder is a form of copper powder used for unique purposes in various high-valued products to improve its properties.

The production process of ultrafine copper powder is complex and involves several steps that make the powder expensive. The type, composition differentiate the powders, and particle size, and the method adopted for extraction.

Companies adopt various technological practices for developing multiple sizes and grades of powder depending on the applications.

Ultrafine copper powder exhibits superior properties such as high electrical conductivity, high surface activity due to uniform shape and large surface area, high ductility, strength, and plasticity.

Copper is also known to exhibit high electrical conductivity and is used to substitute for expensive metals such as silver and gold.

Ultrafine copper powders are also helpful in improving the performance of materials in which it is used, including lubricants, catalysts, adsorbents, etc.

The powder is also used for manufacturing rocket fuels, explosives, and other products. Increasing demand for miniaturization of products has also boosted the adoption of ultrafine copper powder for its use in various machinery production and construction processes.

Apart from this, the product is also used in various other fields such as nuclear industry, development of military equipment, healthcare, etc.

Global Ultrafine Copper Powder Market Revenue Outlook:

The high electrical conductivity of copper makes it a suitable substitute for other precious metals such as silver and gold.

The morphology of electrolytic copper powders makes it an alternative replacement for producing conductive layers used in printed circuit boards of electronic appliances.

Growing demand for electric appliances such as smartphones, personal computers, tablets, etc., where the ultrafine copper powder is used also acts as a key factor that is expected to drive the demand for the ultrafine copper market globally.

Increasing demand in various end-use industries such as the mechanical processing industry, petrochemical industry, coating industry, electronics industry, etc., are factors expected to drive the growth of the global ultrafine copper powder market.

The production of ultrafine copper particles is highly complex, making the product significantly expensive.

This acts as one of the major factors expected to act as a restraining factor affecting the growth of the ultrafine copper powder market globally.

Import-Export Analysis of Ultrafine Copper Powder, under HS code 740620, 2016-2020

The import of ultrafine copper powder (H.S. Code – 740620), decreased by 13.9% in 2020 to reach a value of US$ 102 Mn, while the export decreased by 42.6%.

Major importing countries in this category include the South Korea, accounting for 14.7% of the total global imports. South Korea is followed by Thailand, China, India, and the US. Major exporting countries of ultrafine copper powder include Malaysia, Germany, Israel, Japan, and Belgium.

Import (US$ ‘000) of Ultrafine Copper Powder (H.S. Code – 740620) by Country, 2016-2020

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Export (US$ ‘000) of Ultrafine Copper Powder (H.S. Code – 740620) by Country, 2016-2020

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The imports of ultrafine copper powder declined by 17.1% during the Q2 of 2020 compared to the previous quarter due to the trade restrictions imposed to contain the coronavirus.

Nonetheless, the imports stabilized in the Q3-2020, increasing to US$ 17.7 Mn, gaining by 4.7% from the previous quarter.

On the other hand, the exports declined by 18.4% in Q1-2020 of the prior quarter and, post the lockdown relaxations, noted a subsequent growth of 26.4% in Q4-2020.

Ultrafine Copper Powder Market Regional Analysis:

Asia-Pacific is anticipated to hold a significant share of the global ultrafine copper powder market. The region is also expected to register the highest growth rates over the forecast period.

Growing chemical, electronics, and manufacturing activities in developed and developing economies in the region such as Japan, South Korea, China, India, etc., are expected to increase demand for these powders.

COVID-19 Impact Analysis:

The initial lockdown during Q1 and Q2 2020 caused severe disruptions in the supply chain of ultrafine copper powder. Lack of raw materials from major suppliers in China and halts in the movement of finished products stagnated the market growth.

The closure of retail outlets and interrupted manufacturing activities further exacerbated the situation. Relaxation of regulations post the initial lockdown and resumption of production activities helped the market to normalcy.

Nonetheless, various industry players in the global ultrafine copper powder market are now increasingly focusing on establishing successful collaborations, acquisitions, and joint venture activities to enhance their respective customer bases.

These players are also growing their supply capabilities to meet customer requirements on a local and global scale.

This factor, paired with promising industrialization prospects in developing economies of the Asia-Pacific region, such as China, India, Taiwan, Indonesia, etc., are expected to create massive business opportunities for key players over the forecast period.

Ultrafine Copper Powder Market Competitive Landscape:

The ultrafine copper powder market landscape appears highly fragmented, with a significant chunk of it being dominated by players in the Asian countries.

• Sumitomo Metal Mining Co., Ltd.
• Mitsui Mining & Smelting Co., Ltd.
• Nippon Atomized Metal Powders Corp.
• CNPC Powder North America Inc.
• GGP Metal Powder AG
• Suzhou Canfuo Nanotechnology Co., Ltd.
• Gripm Advanced Materials Co., Ltd.
• Umcor AG
• Fukuda Metal Foil & Powder Co., Ltd.
• SARDA Metal Powders LLp
• AG PRO Technology Co., Ltd.
• NANOTEC S.A.
• Join M
• Other Key Players

Ultrafine Copper Powder Market Report Scope

• Forecast Period: 2022-2031
• Actual Year: 2021
• Historical Data Available for: 2015-2020

Ultrafine Copper Powder Market Key Regions Covered

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Ultrafine Copper Powder Market, By Product Type

• Nano Copper Particles Powder
• Micro Copper Particles Powder

Ultrafine Copper Powder Market, By End-Use

• Electronics
• Chemical
• Manufacturing
• Other End-Uses

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