The Worldwide Oxygen-Free Copper Industry is Expected to Reach $25.9 Billion by 2025
The oxygen-free copper market is projected to grow from USD 19.9 billion in 2020 to USD 25.9 billion by 2025, at a CAGR of 5.3% during the forecast period.
- The oxygen-free copper market is projected to grow from USD 19.9 billion in 2020 to USD 25.9 billion by 2025, at a CAGR of 5.3% during the forecast period.
- The oxygen-free copper market has grown considerably in recent years owing to the growth in the electronics & electrical and automotive industries worldwide.
- Oxygen-free copper wires are most frequently used in high-end audio and video systems and for individual oxygen-free copper wiring custom assemblies.
- Oxygen-free copper wires have advantages, such as higher conductivity and the ability to transfer low-frequency sounds over normal copper wires.