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Global Copper Paste market will reach 340 million US$ by the end of 2025
Publisher: QYResearch
Published Date: 2018/10/22
COPPER PASTE is a high temperature anti-seize lubricant. A soft, copper-coloured paste, based on micronized copper powder and synergistic anti-oxidant, anti-corrosion and anti-wear additives suspended in premium grade stable oil. It is an effective anti-seize formulation, preventing metal-to-metal contact, seizing, galling, and fretting corrosion.
COPPER PASTE can also be used in power electronics and solar industry with excellent conductive property and low cost.
At present, in the foreign industrial developed countries the copper paste industry is generally at a more advanced level, the world's large enterprises are mainly concentrated in the Japan. Meanwhile, foreign companies have more mature equipment, strong R & D capability, and the technical level is also in a leading position. But in foreign companies the manufacturing cost is relatively high, compared with in China. So the manufacturing cost in developed countries is a disadvantage. As the production technology of copper paste manufacturers in China continues to improve, the share of Chinese manufactures will be increasing, and the competitiveness in the international market will also gradually increase.
The copper paste is expected to grow at a CAGR of 13.83% from 98744 M USD in 2018 to reach 136.02 M USD by 2025 in global market. The Copper paste market is related concentrated market; the revenue of top ten manufacturers accounts about 50% of the total revenue in 2017. The high-end products mainly come from Japan.
The global Copper Paste market is valued at 120 million US$ in 2017 and will reach 340 million US$ by the end of 2025, growing at a CAGR of 14.2% during 2018-2025.
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- Posted on: 2018-10-21 23:37:14
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- Item ID: 14983473