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Market Dynamics
The global market is being driven by the growing demand for powder metallurgy in the automotive industry and the diverse applications of atomized copper powders in the surface coating process. Additionally, demand for advanced surface coating technologies has been increasing steadily in key end-use industries such as aerospace, steel, oil and gas, and power generation. Copper powder is a necessary component of these technologies, and demand is expected to grow in the near future. Additionally, copper powder is sometimes used as a biocide in marine paints. Thus, the versatility of copper powder is a significant demand factor. Copper powder demand is being fueled by factors such as increased demand in the electrical and electronics industries and industrial machinery manufacturing. Additionally, it is a favored metal powder for rapid prototyping and powder metallurgy applications.