Copper foils refer to thin sheets of copper manufactured by electroplating, hammering, and rolling copper sheets. They exhibit excellent properties, such as high electrical conductivity, ductility, versatility, and malleability. They are also utilized in flexible connectors, batteries, electromagnetic shielding, and solar energy appliances. As a result, copper foils find extensive applications across numerous industries, including electrical and electronics, automotive, industrial equipment, construction, and telecommunication.
|Base Year: 2021|
|Forecast Year: 2022-2027|
The global copper foil market reached a value of US$ 5.24 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 8.09 Billion by 2027 exhibiting a CAGR of 7.10% during 2022-2027.
Copper Foil Market Trends and Drivers:
The global copper foil market is primarily driven by the escalating demand for PCBs in consumer electronics such as laptops, smartphones and tablets. Additionally, the increasing adoption of electric vehicles (EVs) due to the growing environmental concerns and rising greenhouse gas (GHG) emissions has augmented the product demand.
Furthermore, the leading manufacturers are developing innovative surface treatment coatings, and focusing on reducing the weight and thickness of copper foils for various applications. Along with this, the widespread product usage in transformers and grid-level energy storage has catalyzed the market growth.
Other factors, including the surging sales of electronic devices, improving 5G infrastructure, and emerging applications in decorative materials, such as monasteries, gold signs, tile mosaic, and handicrafts, are also anticipated to drive the market further.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Copper Foil Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Carl Schlenk AG
- Chang Chun Group
- Furukawa Electric Co. Ltd.
- ILJIN Materials Co. Ltd.
- JX Nippon Mining & Metals Corporation (ENEOS Holdings Inc.)
- LS Mtron Co. Ltd.
- Mitsui Mining & Smelting Co. Ltd.
- Nippon Denkai Ltd.
- Rogers Corporation
- SKC Co. Ltd.
- Sumitomo Metal Mining Co. Ltd.
- Targray Technology International Inc.
- UACJ Corporation
The report has segmented the market on the basis of region, product type, application and end use industry.
Breakup by Product Type:
- Rolled Copper Foil
- Electrodeposited Copper Foil
Breakup by Application:
- Printed Circuit Boards
- Electromagnetic Shielding
Breakup by End Use Industry:
- Aerospace and Defense
- Building and Construction
- Electrical and Electronics
- Industrial Equipment
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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