The Global Copper Paste Market Size was Worth USD 280.20 Million in 2022 and is Estimated to Grow to USD 669.38 Million by 2030, with a CAGR of Approximately 11.5 % Over the Forecast Years From 2023 To 2030.
Copper Paste Market Overview
A high-temperature anti-seize lubricant is copper paste. A smooth, copper-colored paste made of micronized copper powder and additives that work together to prevent oxidation, corrosion, and wear while being suspended in high-quality, stable oil. It is an anti-seize composition, guarding against metal-to-metal contact, galling, and fretting corrosion. With strong conducting properties and a low price, copper paste can also be employed in the power electronics and solar industries. The rising need for copper alloys in various applications, including cars, planes, wind turbines, and electronic devices, is primarily responsible for the expansion of the market for copper paste. The rise is also aiding the expansion of the copper paste market in construction activities worldwide.
Market Drivers
There are a lot of parts in various devices and vehicles that are exposed to a lot of static and temperature stress. They must therefore endure intense heat and heavy pressure. These lumps frequently grab onto other chunks, burn into them, or scale and rust. With the paste, protection against these high-stress effects can be established. This adjusting paste is perfect for all metallic pieces where a powerful and flexible output is desired. This feature contributes to the copper paste market’s growth because it is in high demand among end users involved in the manufacture of automobiles.
Restraints
The copper paste cannot be used on aluminum components. Copper and aluminum retaliate. The reaction between copper and aluminum is called galvanic corrosion. As a result, the metal formation is significantly impacted. The copper-powder paste shouldn’t be used to grease rolling bearings. The rolling surfaces of the bearings can always be harmed and destroyed by the paste’s parts. Because of this, the rolling bearings operate inefficiently, leading to a proportional element breakdown. Cost, availability, and performance are some significant issues that the market for copper paste must contend with. The largest obstacle is cost because it must be reasonable for widespread adoption. Because it must resist extreme environmental conditions, availability is another problem. Performance is also problematic because the paste must stick to various surfaces.
Segmentation
The global copper paste market is segregated based on type, application, and region.
- Based on type, the market is divided into low-temperature sintered, medium-temperature sintered, and high-temperature sintering. Among these, the low-temperature sintered category led the market in 2021 and is expected to maintain its dominance throughout the forecast period. Low-temperature sintered copper paste is the least expensive and weakest type of copper paste. Copper is heated until it becomes a liquid, then pressed into the desired shape to create it. This kind of copper paste works well for soldering and plumbing tasks that don’t require a lot of tenacity or durability. Besides, the medium-temperature sintered category is anticipated to grow significantly over the forecast period as it is more expensive and durable than low-temperature sintered copper paste. It is created by slowly cooling liquid copper after it has been heated till it becomes a liquid. This kind of copper paste works well for construction materials and other items exposed to harsh environments since they require a little bit of strength and endurance.
- Based on application, the market is divided into PCB, MLCC, and others. The MLCC category dominated the market in 2021. To prevent corrosion on different electrical components, the copper paste is a sort of electrical insulation. It is also employed as a heat sink to remove the heat generated by the component. Metal-lead-copper (MLCC), metal-tin-copper (MTCC), and metal-oxide-copper are only a few of the formulations of copper paste that are available (MOAC). Each composition has benefits and drawbacks of its own. For instance, MLCC is less flexible than MTCC or MOAC but has superior heat conductivity.
Copper Paste Market Regional Landscape
- In 2022, the Asia Pacific dominated the market for copper paste. The copper paste insulates structures, cables, and other electrical equipment. Concrete joints and cracks are also sealed using it. These explanations explain why copper paste is becoming more and more common in this area. Expanded end-term production in the Asia Pacific region is anticipated to have a significant role in the copper paste market share over the projected year. Furthermore, it is envisaged that government initiatives, programs, and strategies will guide the copper paste market’s expansion in the area. Additionally, a rise in orders for this product from various long-term customers spread across the globe is accelerating market expansion.
COVID-19 Impact:
Most of the market’s industries were forced to halt operations and transactions due to the COVID-19 outbreak. The businesses had to close due to the many limitations that different countries worldwide imposed during the start of the pandemic. Uncertainty regarding the virus and how it might affect the world directly impacted the market’s output and demand for copper. Due to a lack of interest from the product’s end users, the demand further decreased. Even so, by the end of 2021, production and demand for the paste showed consistent increases.
Copper Paste Market: Competitive Landscape
- Some of the main competitors dominating the global copper paste market include- Shoei Chemical (Japan), Tatsuta (Japan), Sumitomo Metal Mining (Japan), Chang Sung Corporation (Korea), Wurth (Germany), Heraeus (Germany), Liqui Moly (Germany), FUCHS Group (Germany), Ampletec (Taiwan), WEICON (Germany), Fenghua Advanced Technology (China), MOTOREX (Switzerland), NOF America (U.S.), Hitachi Chemical (Japan), and Sinocera (China)
The Global Copper Paste Market is segmented as follows:
Copper Paste Market by Type Outlook (Revenue, USD Million, 2017 – 2030)
- Low Temperature Sintered
- Medium Temperature Sintered
- High Temperature Sintered
Copper Paste Market by Application Outlook (Revenue, USD Million, 2017 – 2030)
- PCB
- MLCC
- Others
Copper Paste Market by Region Outlook (Revenue, USD Million, 2017 – 2030)
- North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Southeast Asia
- Rest of Southeast Asia
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
| Copper Paste Market Report Scope |
| Report Attribute | Details |
| Market Size Value in 2022 | USD 280.20 million |
| Revenue Forecast in 2030 | USD 669.38 million |
| Growth Rate | CAGR of 11.5 % from 2023 to 2030 |
| Base Year for Estimation | 2022 |
| Historical Data | 2017 – 2022 |
| Forecast Years | 2023 – 2030 |
| Quantitative Units | Revenue in USD million and CAGR from 2023 to 2030 |
| Report Coverage | Revenue forecast, company ranking, Trends
competitive landscape, and growth factors |
| Segments Covered | Type, Application, and Region |
| Regional Scope | North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
| Country Scope | U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico and Others |
| Key Companies Profiled | Shoei Chemical (Japan), Tatsuta (Japan), Sumitomo Metal Mining (Japan), Chang Sung Corporation (Korea), Wurth (Germany), Heraeus (Germany), Liqui Moly (Germany), FUCHS Group (Germany), Ampletec (Taiwan), WEICON (Germany), Fenghua Advanced Technology (China), MOTOREX (Switzerland), NOF America (U.S.), Hitachi Chemical (Japan), and Sinocera (China) |
Table of Content
Copper Paste Market Size, Share, Growth, and Forecast Report
Chapter 1. Introduction
1.1. Report Description
1.1.1. Aim of the Report
1.1.2. Prospective Audience
1.1.3. Unique Selling Prepositions and Key Takeaways from the Report
1.2. Scope of the Research Study
1.3. Approach/Research Methodology
1.3.1. Secondary Research
1.3.2. Primary Research
1.3.3. Expert Panel Review
1.3.4. Market Data Breakdown and Data Triangulation
1.3.5. Research Approach for Market Size Estimation
1.3.5.1. Top-Down Approach
1.3.5.2. Bottom-Up Approach
1.3.6. Key Assumptions
1.4. Market Segmentation
1.4.1. Type
1.4.2. Application
Chapter 2. Copper Paste Market Overview
2.1. Introduction
2.2. Analysis by Type, 2017-2030 (US$ Billion)
2.3. Analysis by Application, 2017-2030 (US$ Billion)
2.4. Market Analysis by Region, 2017-2030 (US$ Billion)
Chapter 3. Copper Paste Market Dynamics
3.1. Introduction
3.2. Growth Drivers
3.3. Growth Restraints
3.4. Growth Opportunities
3.5. Porter’s Five Forces Analysis
3.5.1. Threat of New Entrants
3.5.2. Bargaining Power of Buyers/Consumers
3.5.3. Bargaining Power of Suppliers
3.5.4. Threat of Substitute Types
3.5.5. Intensity of Competitive Rivalry
3.6. Attractiveness Analysis
3.6.1. Type
3.6.2. Application
3.6.3. Region
3.7. Value Chain Analysis
Chapter 4. Copper Paste Market Competition Analysis
4.1. Copper Paste Market Share Analysis by Company, 2019 – 2021
4.1.1. Top 3 Players, 2019 – 2021
4.1.2. Top 6 Players, 2019 – 2021
4.2. Strategic Initiatives
4.2.1. New Products Launch
4.2.2. Mergers/Acquisitions
4.2.3. Agreement and Collaborations
4.2.4. Partnerships, Joint Ventures, Expansion, and Distribution
Chapter 5. Global Copper Paste Market Analysis by Type and Application, 2017-2030 (US$ Billion)
5.1. Type
5.1.1. Global Copper Paste Market Share, by Type, 2021 and 2030
5.1.2. Global Copper Paste Market Revenue, by Type, 2017-2030 (US$ Billion)
5.1.3. By Low-Temperature Sintered Market Analysis 2017-2030 (US$ Billion)
5.1.4. By Medium Temperature Sintered Market Analysis 2017-2030 (US$ Billion)
5.1.5. By High-Temperature Sintered Market Analysis 2017-2030 (US$ Billion)
5.2. Application
5.2.1. Market Share, by Application, 2021 and 2030
5.2.2. Market Revenue, by Application, 2017-2030 (US$ Billion)
5.2.3. By PCB Market Analysis 2017-2030 (US$ Billion)
5.2.4. By MLCC Market Analysis 2017-2030 (US$ Billion)
5.2.5. By Others Application Market Analysis 2017-2030 (US$ Billion)
Chapter 6. Global Copper Paste Market Type Analysis by Region, 2017-2030 (US$ Billion)
6.1. Low-Temperature Sintered Market Analysis 2017-2030 (US$ Billion)
6.1.1. North America
6.1.2. Europe
6.1.3. Asia Pacific
6.1.4. Latin America
6.1.5. Middle East & Africa
6.2. Medium Temperature Sintered Market Analysis 2017-2030 (US$ Billion)
6.3. High Temperature Sintered Market Analysis 2017-2030 (US$ Billion)
Chapter 7. Global Copper Paste Market Application Analysis by Region, 2017-2030 (US$ Billion)
7.1. PCB Market Analysis 2017-2030 (US$ Billion)
7.1.1. North America
7.1.2. Europe
7.1.3. Asia Pacific
7.1.4. Latin America
7.1.5. Middle East & Africa
7.2. MLCC Market Analysis 2017-2030 (US$ Billion)
7.3. Others Application Market Analysis 2017-2030 (US$ Billion)
Chapter 8. Copper Paste Market Analysis by Geography, 2017-2030 (US$ Billion)
8.1. North America Copper Paste Market Analysis 2017-2030 (US$ Billion)
8.1.1. U.S. Copper Paste Market Analysis 2017-2030 (US$ Billion)
8.1.1.1. Type
8.1.1.2. Application
8.1.2. Canada Copper Paste Market Analysis 2017-2030 (US$ Billion)
8.1.3. Mexico Copper Paste Market Analysis 2017-2030 (US$ Billion)
8.2. Europe Copper Paste Market Analysis 2017-2030 (US$ Billion)
8.2.1. UK Copper Paste Market Analysis 2017-2030 (US$ Billion)
8.2.1.1. Type
8.2.1.2. Application
8.2.2. France Copper Paste Market Analysis 2017-2030 (US$ Billion)
8.2.3. Germany Copper Paste Market Analysis 2017-2030 (US$ Billion)
8.2.4. Spain Copper Paste Market Analysis 2017-2030 (US$ Billion)
8.2.5. Russia Copper Paste Market Analysis 2017-2030 (US$ Billion)
8.2.6. Italy Copper Paste Market Analysis 2017-2030 (US$ Billion)
8.2.7. Rest of Europe Copper Paste Market Analysis 2017-2030 (US$ Billion)
8.3. Asia Pacific Copper Paste Market Analysis 2017-2030 (US$ Billion)
8.3.1. China Copper Paste Market Analysis 2017-2030 (US$ Billion)
8.3.1.1. Type
8.3.1.2. Application
8.3.2. Japan Copper Paste Market Analysis 2017-2030 (US$ Billion)
8.3.3. South Korea Copper Paste Market Analysis 2017-2030 (US$ Billion)
8.3.4. India Copper Paste Market Analysis 2017-2030 (US$ Billion)
8.3.5. Australia Copper Paste Market Analysis 2017-2030 (US$ Billion)
8.3.6. Southeast Asia Copper Paste Market Analysis 2017-2030 (US$ Billion)
8.3.7. Taiwan Copper Paste Market Analysis 2017-2030 (US$ Billion)
8.3.8. Rest of Asia Pacific Copper Paste Market Analysis 2017-2030 (US$ Billion)
8.4. Latin America Copper Paste Market Analysis 2017-2030 (US$ Billion)
8.4.1. Brazil Copper Paste Market Analysis 2017-2030 (US$ Billion)
8.4.1.1. Type
8.4.1.2. Application
8.4.2. Argentina Copper Paste Market Analysis 2017-2030 (US$ Billion)
8.4.3. Rest of Latin America Copper Paste Market Analysis 2017-2030 (US$ Billion)
8.5. Middle East Copper Paste Market Analysis 2017-2030 (US$ Billion)
8.5.1. Israel Copper Paste Market Analysis 2017-2030 (US$ Billion)
8.5.1.1. Type
8.5.1.2. Application
8.5.2. Turkey Copper Paste Market Analysis 2017-2030 (US$ Billion)
8.5.3. Saudi Arabia Copper Paste Market Analysis 2017-2030 (US$ Billion)
8.5.4. UAE Copper Paste Market Analysis 2017-2030 (US$ Billion)
8.5.5. Rest of Middle East Copper Paste Market Analysis 2017-2030 (US$ Billion)
8.6. Africa Copper Paste Market Analysis 2017-2030 (US$ Billion)
8.6.1. Egypt Copper Paste Market Analysis 2017-2030 (US$ Billion)
8.6.1.1. Type
8.6.1.2. Application
8.6.2. South Africa Copper Paste Market Analysis 2017-2030 (US$ Billion)
8.6.3. Rest of Africa Copper Paste Market Analysis 2017-2030 (US$ Billion)
Chapter 9. Company Profiles
9.1. Shoei Chemical (Japan)
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Benchmarking
9.1.4. Strategic Initiatives
9.2. Tatsuta (Japan)
9.3. Sumitomo Metal Mining (Japan)
9.4. Chang Sung Corporation (Korea)
9.5. Wurth (Germany)
9.6. Heraeus (Germany)
9.7. Liqui Moly (Germany)
9.8. FUCHS Group (Germany)
9.9. Ampletec (Taiwan)
9.10. WEICON (Germany)
9.11. Fenghua Advanced Technology (China)
9.12. MOTOREX (Switzerland)
9.13. NOF America (U.S.)
9.14. Hitachi Chemical (Japan)
9.15. Sinocera (China)
Chapter 10. COVID-19 Impact Analysis
10.1. Global Copper Paste Market, 2020 – 2030, Pre-V/S Post COVID 19
10.2. Estimated Impact of The Coronavirus (Covid-19) Epidemic on the Copper Paste Market Size In 2022, By Scenario
10.3. Impact on Supply Chain and Production in Copper Paste Market
10.4. Impact on Import and Export
Chapter 11. Import-Export Analysis
11.1. North America Copper Paste Import-Export, 2017 – 2021
11.2. Europe Copper Paste Import-Export, 2017 – 2021
11.3. Asia Pacific Copper Paste Import-Export, 2017 – 2021
11.4. Latin America Copper Paste Import-Export, 2017 – 2021
11.5. Middle East America Copper Paste Import-Export, 2017 – 2021
11.6. Africa Copper Paste Import-Export, 2017 – 2021
Chapter 12. Copper Paste Marketing Channel Analysis
12.1. Marketing Channel
12.1.1. Direct Marketing
12.1.2. Indirect Marketing
12.1.3. Development Trend
12.2. Market Positioning
Chapter 13. Copper Paste Manufacturing Cost Analysis
13.1. Key Raw Materials
13.2. Key Raw Material Suppliers
13.3. Market Concentration Rate
13.4. Manufacturing Cost Structure
13.5. Process Analysis
Chapter 14. Conclusion
Copper Paste Market by Type Outlook (Revenue, USD Million, 2017 – 2030)
- Low Temperature Sintered
- Medium Temperature Sintered
- High Temperature Sintered
Copper Paste Market by Application Outlook (Revenue, USD Million, 2017 – 2030)
- PCB
- MLCC
- Others
