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The copper cathode market can be segmented based on refining process type, application, and region. Copper cathode is produced through the refining process, which helps in the removal of impurities from copper ore. Based on refining process type, the copper cathode market can be segmented into smelting and electro-refining. Smelting is a type of refining process for extracting pure form of copper from its ore. It uses heat and chemical reducing agent for decomposition of copper ore, elimination of unwanted slag, and other elements for obtaining pure copper cathode. Electro-refining is a process, wherein copper ore is carried out in the presence of using aqueous solution for extracting pure form of copper cathode. Electro-refining is a process that produces majority of copper cathode. Copper cathode is used in oil & gas, chemical labs, and various other industries. It is used in power generation, telecommunications, electronic circuits, power transmission, and various types of electrical equipment.
Copper cathode offers several benefits. For instance, it acts as a
good conductor of electricity. It possesses good resistance
characteristics. Refined copper cathode can be used for goods that
do not require a high degree of conductivity and are easy to
install. New innovations and advancements are emerging for the
development and cost reduction of electro-refining copper cathode.
Valuable impurities from copper ore such as gold, silver, and
nickel could be retrieved successfully through the smelting and
electro-refining processes of copper cathode.
Restraints of
copper cathode market are its poor resistance to abrasion and
common acids and low tensile strength. Electro-refining process
used for the development of copper cathode is capital intensive. It
has shorter life expectancy, as it is susceptible to oxidation.
Copper cathode possesses properties of high ductility than other
alternative metals with the exception of silver and gold.