The Global Copper Foil Market Size Was Valued At USD 5.703 Billion In 2022 And Is Expected To Reach USD 10.3756 Billion By 2030, At A CAGR Of 7.9% During The Forecast Period.

Copper Foil Market Overview:

Copper foil is a thin copper sheet with a thickness in the range of several microns formed by rolling copper sheet or electrodeposition process. Copper is a good conductor of electricity and is highly malleable and malleable. This allows copper to be formed into extremely thin sheets. It is used in printed circuit boards (PCBs) in telecommunications equipment such as PCs and mobile phones. In addition, it can be used as a substrate for the coating of anode materials in lithium-ion batteries.

Copper Foil market size, estimates, and forecasts are provided in terms of sales volume (K Units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Copper Foil market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we considered the impact of COVID-19 and the Russian-Ukraine war.

Key Market Updates:

• In July 2019, Dusan Corp. announced the construction of a new copper foil plant for battery applications in Hungary. The plant is expected to open in 2020, adding 50,000 tonnes of copper foil capacity, enough to supply batteries for 2.2 million electric vehicles.
• In July 2021 – JX Nippon Mining & Metals Corporation established a new company named JX Metals Circular Solutions Europe GmbH to promote the recycling of used automotive lithium-ion battery materials projects and the development of battery materials projects. This expansion will further contribute in the development of the company.

Major Segments Covered in the Global Copper Foil Market:

Market Key Players:
UACJ Foil Corporation (Japan), RCI Industries and Technologies Ltd. (India), American Elements (U.S.), Mitsui Mining & Smelting Co., Ltd. (Japan), SKC (South Korea), Tex Technology Inc. (Japan), Shanghai Metal Corporation (China), Doosan Group (South Korea), Furukawa Electric Co., Ltd. (Japan), ILJIN Materials Co., Ltd. (South Korea), Hitachi Cable, JX Nippon Mining & Metal, Other Players

Copper Foil Market by Types:

• Rolled Copper Foil
• Electrolytic Copper Foil

Copper Foil Market by Applications:

• Printed Circuit Board
• Lithium-ion Batteries
• Electromagnetic Shielding
• Other

Copper foil market by the end-user 

• Electrical and Electronics
• Automotive
• Industrial Equipment
• Building and Construction
• Medical
• Aerospace and Defence
• Others

Copper Foil Market by Regions:

The report estimates revenue growth at the worldwide, regional, and country levels and delivers an analysis of the recent industry trends in each sub-segment from 2017 to 2030.

The Asia Pacific region accounted for the largest volume share of over 72.0% in 2019 and is expected to maintain its position during the forecast period. Demand from China, South Korea, Japan, and India is the key factor driving the market. The Asia-Pacific region dominates the PCB manufacturing industry mainly due to the incentives offered by the Chinese government. Another reason is the huge manufacturing capacity of PCBs in China and low labor wages.

In terms of volume, North America is projected to grow at a rate of 9.4% over the forecast period. Increasing penetration of electric vehicles in the U.S. market is likely to drive demand for copper foil products in the region. Another characteristic of the United States is the presence of leading electric car manufacturers, such as Tesla Inc. The company accounted for more than 75% of electric vehicle sales in 2019.

Growing demand for energy storage and electric and hybrid vehicles is likely to contribute to the growth in demand in Europe. Europe holds a prominent position in the electric vehicle market. The deployment of new electric bus registrations is another promising factor for the growth of the regional market. These registrations in Europe increased from 910,000 in 2018 to 1.99 in 2019, according to the International Energy Agency.

Significant Market Dynamics:

Drivers:

Exponential growth of population and increase in disposable income are the major factors driving the demand for electronic products such as smartphones, laptops, electronic safety equipment, and navigation control systems. Electronic products use copper foil as a conductive medium because of its excellent thermal and electrical properties. The use of copper in the boards improves their ability to transfer heat and minimizes stress caused by uneven heating of the boards. With the rise of digitization, online education platforms, and the Internet of Things (IoT), the demand for electronic products is expected to grow over the forecast period, thereby boosting the market growth.

Restraints:

Graphene sheets are considered the most promising alternatives to silicon, copper and other conductive materials. Graphene is an extremely flexible and durable material with properties such as self-cooling and self-healing. Graphene sheets can be folded on a large scale to create origami-like shapes, which can then be used in flexible circuits. Graphene sheets are the most popular material for flexible display applications. Several companies have invested in the development of conductive inks made from graphene for printing circuits and conducting electricity. Using graphene in computers could allow them to run faster while consuming less power. Therefore, the development of graphene sheets will restrain the growth of the copper foil market.

Report Scope

Points Covered in the Report

• The points that are discussed within the report are the major market players that are involved in the Market such as Market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
• The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analyzed 12 years of data history and forecast.
• The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.
• Data and information by market player, region, type, application and etc., and custom research can be added according to specific requirements.
• The report contains a SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

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Note – In order to provide a more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19 and the Russia-Ukraine war.