The Global Oxygen-free Copper Strips Market was valued at USD 1.95 Billion in 2025 and is projected to reach USD 3.41 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 8.3% during the forecast period (2025–2032). This substantial growth is being driven by the accelerating demand for high-performance electronics, the rapid expansion of the electric vehicle (EV) industry, and significant government investments in power and communication infrastructure.

As high-tech industries prioritize materials with superior electrical conductivity and thermal performance, oxygen-free copper strips have become indispensable for critical applications ranging from semiconductors to aerospace components. In this blog, we profile the Top 10 Companies in the Oxygen-free Copper Strips Industry—a mix of established global metal producers and specialized manufacturers shaping the future of advanced electronics and energy systems.

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🔟 1. Mitsubishi Materials Corporation

Headquarters: Tokyo, Japan
Key Offering: High-Purity OFC Strips, Ultra-Thin Copper Foils

Mitsubishi Materials is a global leader in advanced materials, known for its high-purity oxygen-free copper strips essential for semiconductor packaging and high-frequency circuits. The company’s advanced continuous casting technology ensures exceptional purity levels exceeding 99.99%, making its products a preferred choice for mission-critical applications.

Innovation and Expansion Initiatives:

• Recent commissioning of a new high-purity copper strip production line to meet surging EV battery demand
• Significant R&D investment in ultra-thin copper foils for next-generation IC substrates
• Commitment to sustainable manufacturing with reduced carbon footprint targets by 2030

Download FREE Sample Report: Oxygen-free Copper Strips Market – View in Detailed Research Report

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9️⃣ 2. KME Group

Headquarters: Osnabrück, Germany
Key Offering: OF-Cu Strips, Special Alloy Copper Products

KME stands as one of Europe’s largest copper and copper alloy producers, with a strong focus on high-quality oxygen-free copper strips for the automotive and electrical engineering sectors. The company operates state-of-the-art rolling mills across Europe, serving a diverse clientele with precision-engineered copper solutions.

Sustainability and Quality Initiatives:

• Implementation of energy-efficient production processes across all manufacturing facilities
• Development of specialized copper alloys for high-temperature applications in EVs
• Certification under strict international quality standards for aerospace and defense applications

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8️⃣ 3. Furukawa Electric Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Ultra-High Purity Copper, OFHC® Strips

Furukawa Electric is renowned for its Oxygen-Free High Conductivity (OFHC®) copper, which sets the industry benchmark for purity and performance. The company’s products are critical components in power semiconductors, telecommunications equipment, and high-performance computing systems.

Technological Leadership Initiatives:

• Pioneering research in copper nanostructures for advanced semiconductor interconnects
• Strategic partnerships with global semiconductor manufacturers for custom copper solutions
• Expansion of production capacity for 5G infrastructure components

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7️⃣ 4. Wieland Group

Headquarters: Ulm, Germany
Key Offering: Wieland-Cu OF, Precision Rolled Copper Strips

With over 200 years of metallurgical expertise, Wieland Group is a dominant force in high-performance copper products. The company’s oxygen-free copper strips are integral to automotive electronics, industrial automation, and renewable energy systems, benefiting from vertically integrated production capabilities.

Growth and Innovation Initiatives:

• Global manufacturing footprint with strategic acquisitions in key growth markets
• Development of customized copper strip solutions for specific customer applications
• Focus on circular economy principles with advanced copper recycling technologies

Download FREE Sample Report: Oxygen-free Copper Strips Market – View in Detailed Research Report

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6️⃣ 5. Aviva Metals

Headquarters: Texas, USA
Key Offering: C10100 Oxygen-Free Copper, C10200 OFE Copper

Aviva Metals is a leading American manufacturer specializing in high-purity copper alloys, including C10100 and C10200 oxygen-free copper strips. The company serves critical sectors such as aerospace, defense, and medical technology with materials that meet the most stringent industry specifications.

Market Expansion Initiatives:

• Strategic expansion of melting and rolling capacity to address North American supply gaps
• Certification under NADCAP and other aerospace quality standards
• Development of specialized copper strips for high-vacuum and cryogenic applications

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5️⃣ 6. KGHM

Headquarters: Lubin, Poland
Key Offering: High-Conductivity Copper Strips, Custom Copper Alloys

As one of the world’s largest copper and silver producers, KGHM leverages its integrated mining and processing operations to deliver high-quality oxygen-free copper strips to European markets. The company’s vertical integration provides stable supply chain advantages in a volatile raw material environment.

Strategic Initiatives:

• Investment in modernizing rolling mill technology to improve product quality and consistency
• Focus on developing copper products for the growing European EV manufacturing ecosystem
• Implementation of ESG-compliant mining and production practices

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4️⃣ 7. Jiangsu Fuwei Technology Co., Ltd.

Headquarters: Jiangsu, China
Key Offering: Precision Copper Strips, Ultra-Thin Copper Foils

Jiangsu Fuwei Technology has emerged as a significant player in the Asian oxygen-free copper strips market, specializing in precision products for the electronics industry. The company’s strategic location in China’s manufacturing heartland positions it advantageously to serve both domestic and international markets.

Growth and Technology Initiatives:

• Rapid capacity expansion to capitalize on China’s growing electronics manufacturing sector
• Development of advanced surface treatment technologies for improved solderability
• Strategic focus on high-growth segments including新能源汽车 (new energy vehicles)

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3️⃣ 8. Metrod Holdings Berhad

Headquarters: Kuala Lumpur, Malaysia
Key Offering: OFC Strips, Copper Busbars, Electrical Conductors

Metrod is a leading Asian manufacturer of precision copper products with a strong presence in South-East Asian markets. The company’s oxygen-free copper strips are widely used in electrical infrastructure, power distribution systems, and industrial applications across the region.

Regional Market Initiatives:

• Strategic positioning to serve the ASEAN region’s growing electrical infrastructure needs
• Investment in quality control systems to meet international standards
• Development of cost-competitive copper solutions for price-sensitive applications

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2️⃣ 9. Libo Group

Headquarters: Zhejiang, China
Key Offering: High-Purity Copper Strips, Custom Copper Alloys

Libo Group has established itself as a formidable Chinese manufacturer of high-quality oxygen-free copper strips, serving both domestic and international markets. The company’s extensive product portfolio caters to diverse applications from consumer electronics to industrial machinery.

Manufacturing Excellence Initiatives:

• Continuous investment in advanced rolling and annealing technology
• Expansion of product range to include value-added services like slitting and edging
• Focus on export markets with customized products meeting international specifications

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1️⃣ 10. Wangbao Group

Headquarters: Zhejiang, China
Key Offering: Oxygen-Free Copper Strips, Copper Busbars

Wangbao Group completes our list as a significant manufacturer specializing in oxygen-free copper products for electrical and electronic applications. The company’s competitive manufacturing capabilities enable it to serve cost-conscious markets while maintaining stringent quality standards.

Market Positioning Initiatives:

• Focus on manufacturing efficiency to maintain competitive pricing
• Expansion of distribution networks throughout Asia and emerging markets
• Development of application-specific copper strip solutions for targeted industries

Get Full Report Here: Oxygen-free Copper Strips Market – View in Detailed Research Report

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🌍 Outlook: The Future of Oxygen-free Copper Strips Is High-Tech and Sustainable

The oxygen-free copper strips market is undergoing a technological transformation. While traditional applications continue to drive volume, the industry is investing heavily in advanced manufacturing technologies, sustainable production methods, and innovative product development for next-generation applications.

📈 Key Trends Shaping the Market:

• Rapid capacity expansion in Asia-Pacific to meet electronics manufacturing demand
• Increasing adoption in electric vehicle power electronics and battery systems
• Development of ultra-thin copper foils for advanced semiconductor packaging
• Growing emphasis on sustainable production and circular economy principles

Get Full Report Here: Oxygen-free Copper Strips Market – View in Detailed Research Report

The companies listed above are not only supplying critical materials for global electronics—they’re enabling the technological advancement of multiple industries.