Copper makes vital contributions to sustaining and improving society. Copper's chemical, physical and aesthetic properties make it a material of choice in a wide range of domestic, industrial and high technology applications. The electrolytic method is probably the most economical method for producing cooper powder; moreover the copper powder obtained from this method is the highest quality.
Copper powders have been used in industrial applications for many years. Probably the best known is the self-lubricating bearing which was the first major application and still accounts for about 70% of the copper powder used. Pure copper powder is used in the electrical and the electronics industries because of its excellent electrical and thermal conductivities. Copper in powder form is used in structural parts and friction materials.
Few Indian Major Players are as under:
· Bimetal Bearings Ltd.
· G S Organics Ltd.
· Gleitlager (India) Ltd.
· Mepco Industries Ltd.
Market Outlook
The global copper market, which was valued at US$138.05 bn in 2014, is expected to exhibit a CAGR of 4.9% from 2015 through 2023. The market is thus projected to rise to US$ 171.96 bn by 2023.
The electrical industry claims a share of about 26%. The electronics and communications take another 30% share. With building construction (9%) and transportation (8%) added, the cumulative rises to about three-fourths. The other consuming sectors are engineering process and general (9%) and consumer durables (6%). Defence is also a substantial user. Another important consumer is handicrafts which is reported to consume close to 12% of copper in India.
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