The Global Oxygen Free Copper (OFC) Market was valued at USD 7,436.99 million in 2023 and is projected to reach USD 8,574.27 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 2.40% during the forecast period. This growth is being driven by increasing demand from electronics, automotive, and energy sectors, along with the expanding applications of high-purity copper in advanced manufacturing and renewable energy technologies.

As industries worldwide prioritize efficiency and conductivity in their materials, oxygen-free copper has emerged as a critical component in modern infrastructure. In this blog, we analyze the Top 10 Companies in the Global Oxygen Free Copper Industry—leaders in production, innovation, and technological advancements.

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🔟 1. Mitsubishi Materials Corporation

Headquarters: Tokyo, Japan
Key Offering: OFC rods, wires, and specialty copper products

Mitsubishi Materials is a global leader in high-purity copper manufacturing, supplying OFC for electronics, semiconductors, and renewable energy applications. The company maintains rigorous quality standards with oxygen content below 5 ppm.

Production Capabilities:

• Annual OFC production capacity: 50,000+ tons
• Advanced continuous casting technology
• Certified for aerospace and medical applications

Download FREE Sample Report: Global Oxygen Free Copper (OFC) Market – View in Detailed Research Report

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9️⃣ 2. KGHM Polska Miedź S.A.

Headquarters: Lubin, Poland
Key Offering: OFE (Oxygen-Free Electronic) grade copper

KGHM is Europe’s second-largest copper producer and a major supplier of ultra-high purity oxygen-free copper for critical electronic applications. Their production facilities meet stringent international quality certifications.

Production Capabilities:

• Produces 700,000+ tons of copper annually
• Specialized OFE copper with 99.99% purity

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8️⃣ 3. LS-Nikko Copper Inc.

Headquarters: Seoul, South Korea
Key Offering: OFC sheets, strips, and tubes

LS-Nikko operates one of Asia’s largest copper refineries, producing high-quality oxygen-free copper for the electronics and automotive industries. Their products are essential for EV battery components and semiconductor manufacturing.

Production Capabilities:

• Annual copper production: 1 million tons
• OFC conductivity rating: 101% IACS

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7️⃣ 4. Ningbo Jintian Copper Group

Headquarters: Ningbo, China
Key Offering: OFC plates and precision strips

As China’s leading copper processing enterprise, Jintian supplies oxygen-free copper to domestic electronics manufacturers and global markets. The company has made significant investments in vacuum melting technology for premium-grade OFC.

Production Capabilities:

• Annual revenue exceeding $15 billion
• Strategic partnerships with global tech firms

Download FREE Sample Report: Global Oxygen Free Copper (OFC) Market – View in Detailed Research Report

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6️⃣ 5. Luvata

Headquarters: Espoo, Finland
Key Offering: OFC for HVAC and industrial applications

Luvata specializes in high-performance copper solutions for demanding environments. Their oxygen-free copper products are widely used in heat exchangers, power generation, and electromagnetic applications.

Production Capabilities:

• Global manufacturing footprint across 8 countries
• Customized OFC solutions for niche applications

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5️⃣ 6. Wieland Group

Headquarters: Ulm, Germany
Key Offering: OFC for electronics and automotive

Wieland is a European leader in copper technology, producing oxygen-free copper for connectors, busbars, and electrical components. Their materials are critical for electric vehicle infrastructure and 5G technology.

Production Capabilities:

• 100+ years of copper processing experience
• R&D center for advanced copper applications

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4️⃣ 7. Furukawa Electric Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Ultra-high purity OFC wires

Furukawa Electric manufactures oxygen-free copper for superconductors and high-frequency cables. Their materials are essential for MRI machines, particle accelerators, and quantum computing research.

Production Capabilities:

• Pioneer in continuous casting OFC technology
• Supplies research institutions worldwide

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3️⃣ 8. NBM Metals, Inc.

Headquarters: Connecticut, USA
Key Offering: OFC rods and billets

NBM Metals is a North American leader in oxygen-free copper production, serving the aerospace, defense, and energy sectors. Their materials meet strict ASTM B379 specifications for critical applications.

Production Capabilities:

• Specializes in large-diameter OFC rods
• Military-grade material certifications

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2️⃣ 9. Farmer’s Copper Ltd.

Headquarters: Texas, USA
Key Offering: C10100 and C10200 OFC

Farmer’s Copper supplies pure oxygen-free copper to North American manufacturers with a focus on electrical and thermal applications. Their inventory includes various forms of OFC for diverse industrial needs.

Production Capabilities:

• Extensive North American distribution network
• Specializes in quick-turnaround orders

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1️⃣ 10. Copper Braid Products

Headquarters: California, USA
Key Offering: OFC braids and flexible connectors

Copper Braid Products manufactures specialized oxygen-free copper solutions for grounding, bonding, and EMI shielding applications. Their products are used in aerospace, telecommunications, and power generation.

Production Capabilities:

• Custom OFC braid configurations
• Rapid prototyping services

Get Full Report Here: Global Oxygen Free Copper (OFC) Market – View in Detailed Research Report

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🌍 Outlook: The Future of Oxygen Free Copper Market

The oxygen-free copper market is evolving with technological advancements across industries. While traditional applications continue to drive demand, emerging sectors like renewable energy and electric vehicles are creating new growth opportunities.

📈 Key Trends Shaping the Market:

• Increasing demand for OFC in EV battery components
• Growth of 5G infrastructure requiring high-purity copper
• Advancements in semiconductor manufacturing
• Sustainability initiatives promoting copper recycling

Get Full Report Here: Global Oxygen Free Copper (OFC) Market – View in Detailed Research Report

The companies listed above are not only supplying high-quality oxygen-free copper—they’re enabling the technological progress of multiple industries through material innovation.