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Oxygen-Free Copper Market Set to Reach USD 49.83 Billion by 2032, with a CAGR of 5.8% | PMR [Yahoo! Finance]

HITACHI LTD ADR (HTHIY) 
NASDAQ:AMEX Investor Relations: hitachi.com/ir-e
Company Research Source: Yahoo! Finance
New York, USA, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Market Overview: The global oxygen-free copper market size is projected to grow from USD 29.92 billion in 2023 to USD 49.83 billion by 2032, at a CAGR of 5.8%, according to a new report by Polaris Market Research. Oxygen-free copper is excessively unadulterated copper with excessively low oxygen content. It has undergone an electrolytic clarification procedure to eliminate all but an indicated level of oxygen. It is the uncontaminated commercial copper grade obtainable, entailing 99.99% copper with the least aggregate of debasement, and is excessively endorsed for applications needing higher conductivity and congruences such as superconducting wires, PCBs, x-ray tubes, vacuum interpreters, rotor bars, and motor coils. Key Insights from the Report: The market for oxygen-free copper is significantly shaped by the scaling up of production of electronics, automotive, and renewable energy, which causes the demand for high-conductivi Show less Read more
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