Reports

Global Copper Foil Market to Grow at a CAGR of 9.5% During 2021-2026, Aided by the Thriving Aerospace Industry

Copper Foil Market

Global Copper Foil Market: By Product Type: Rolled, Electrodeposited; By Application: Printed Circuit Boards, Batteries, Electromagnetic Shielding, Others; By End Use: Electrical and Electronics, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Copper Foil Market Outlook

The global copper foil market attained a value of nearly USD 14.15 billion in 2022. The market is further expected to grow in the forecast period of 2023-2028 at a CAGR of 9.5% to reach about USD 24.39 billion by 2028.

 

Global Copper Foil Market

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Extensive Use of Copper Foils in the Automotive Sector Aiding the Growth of the Copper Foil Industry

Copper foils are extensively used in the automotive industry, which is accelerating the industry growth. As copper foils play an integral role in automobiles to carry data and supply electrical powers for them to function effectively, they are increasingly used in vehicles, which are augmenting the market growth. Electric vehicles are being increasingly used in both developed and developing countries owing to their cost and fuel efficiency. In addition, various governments are introducing favourable initiatives to promote the use of electric vehicles to limit greenhouse emissions. The extensive use of batteries, especially lithium-ion, in e-vehicles is further invigorating the industry growth. Moreover, the advent of smart cars with automated features is also increasing the demand for copper foils. The use of copper foils in connecting sensors and telecommunication systems for effective transmission of the data signal is providing further impetus to the market growth.

 

The Asia Pacific Region Contributing Significantly to the Market for Copper Foils

The Asia Pacific region is witnessing robust growth owing to the rising demand for copper foils in various applications. The inflating disposable income and the emergence of the middle class in the emerging countries in the region are increasing the demand for consumer electronics, especially smartphones. This is augmenting the market growth. Moreover, the surging use of electric vehicles like e-scooters in countries such as India and China owing to the rising prices of crude oil is further increasing the use of copper foils, hence propelling the market growth. In addition, China and India are some of the largest producers of not only consumer electronics but also integral parts of electronics, such as printed circuit boards and batteries. This is increasing the demand for copper foil, hence aiding the market growth and contributing significantly to the overall industry growth.

 

Copper Foil: Market Segmentation

Copper foil is a very thin sheet of copper that is made by rolling and hammering the copper metal. It has high electrical and heat conductivity, due to which it is commonly used as an electric conductor for batteries, solar panel appliances, and circuit boards. Moreover, they are widely used in various industries and applications.

 

Global Copper Foil Market by Segment

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The major product types of copper foil are:

  • Rolled
  • Electrodeposited

The market can be broadly categorised on the basis of its applications into:

  • Printed Circuit Boards
  • Batteries
  • Electromagnetic Shielding
  • Others

Based on end use, the market is divided into:

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

The EMR report looks into the regional markets of copper foil like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Copper Foil Market by Region

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Rising Demand for Batteries and Printed Circuit Board (PCB) to Augment the Market Growth for Copper Foil

The use of high-precision technologies to produce rolled copper foil with optimal thickness is anticipated to fuel the market growth. Various innovations are enabling the development of high-performance rolled copper foil with high mechanical strength. Hence, it is extensively used in lithium-ion batteries, which is propelling the market growth. Moreover, the dependency on consumer electronics such as smartphones and laptops has surged significantly, especially during the coronavirus pandemic. This is increasing the demand for printed circuit board (PCB), which is used extensively in most consumer electronics. Moreover, the integration of printed circuit board in connected vehicles to connect automobiles to computing devices like smartphones is expected to augment the market growth. The evolving consumer preferences and technological advancements are increasing the demand for innovative PCBs. The rising demand for sleek and faster devices is also invigorating the market growth for copper foils. In addition, the growing use of PCB in various industries, including medical and automotive, is anticipated to propel the growth of the copper foil industry in the forecast period.

 

Key Industry Players in the Global Copper Foil Market

The report presents a detailed analysis of the following key players in the global copper foil market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Carl Schlenk AG
  • Doosan Corporation
  • Furukawa Electric Co. Ltd.
  • JXTG Holdings Inc.
  • Mitsui Mining & Smelting Co. Ltd
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product Type, Application, End Use, Region
Breakup by Product Type Rolled, Electrodeposited
Breakup by Application Printed Circuit Boards, Batteries, Electromagnetic Shielding, Others
Breakup by End Use Electrical and Electronics, Automotive, Industrial Equipment, Building and Construction, Medical, Aerospace and Defence, Others
Breakup by Region North America, Latin America, Europe, Middle East and Africa, Asia Pacific
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Trade Data Analysis Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume
Price Analysis Historical and Forecast Price Trends- Regional
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Carl Schlenk AG, Doosan Corporation, Furukawa Electric Co. Ltd., JXTG Holdings Inc., Mitsui Mining & Smelting Co. Ltd, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface   
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Copper Foil Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Copper Foil Historical Market (2018-2022) 
    8.3    Global Copper Foil Market Forecast (2023-2028)
    8.4    Global Copper Foil Market by Product Type
        8.4.1    Rolled
            8.4.1.1    Historical Trend (2018-2022)
            8.4.1.2    Forecast Trend (2023-2028)
        8.4.2    Electrodeposited
            8.4.2.1    Historical Trend (2018-2022)
            8.4.2.2    Forecast Trend (2023-2028)
    8.5    Global Copper Foil Market by Application
        8.5.1    Printed Circuit Boards
            8.5.1.1    Historical Trend (2018-2022)
            8.5.1.2    Forecast Trend (2023-2028)
        8.5.2    Batteries
            8.5.2.1    Historical Trend (2018-2022)
            8.5.2.2    Forecast Trend (2023-2028)
        8.5.3    Electromagnetic Shielding
            8.5.3.1    Historical Trend (2018-2022)
            8.5.3.2    Forecast Trend (2023-2028)
        8.5.4    Others
    8.6    Global Copper Foil Market by End Use
        8.6.1    Electrical and Electronics
            8.6.1.1    Historical Trend (2018-2022)
            8.6.1.2    Forecast Trend (2023-2028)
        8.6.2    Automotive
            8.6.2.1    Historical Trend (2018-2022)
            8.6.2.2    Forecast Trend (2023-2028)
        8.6.3    Industrial Equipment
            8.6.3.1    Historical Trend (2018-2022)
            8.6.3.2    Forecast Trend (2023-2028)
        8.6.4    Building and Construction
            8.6.4.1    Historical Trend (2018-2022)
            8.6.4.2    Forecast Trend (2023-2028)
        8.6.5    Medical
            8.6.5.1    Historical Trend (2018-2022)
            8.6.5.2    Forecast Trend (2023-2028)
        8.6.6    Aerospace and Defence
            8.6.6.1    Historical Trend (2018-2022)
            8.6.6.2    Forecast Trend (2023-2028)
        8.6.7    Others
    8.7    Global Copper Foil Market by Region        
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2022) 
            8.7.1.2    Forecast Trend (2023-2028)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2022) 
            8.7.2.2    Forecast Trend (2023-2028)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2022) 
            8.7.3.2    Forecast Trend (2023-2028)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2022) 
            8.7.4.2    Forecast Trend (2023-2028)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2022) 
            8.7.5.2    Forecast Trend (2023-2028)
9    North America Copper Foil Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2022) 
        9.1.2    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Historical Trend (2018-2022) 
        9.2.2    Forecast Trend (2023-2028)
10    Europe Copper Foil Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2022) 
        10.1.2    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Historical Trend (2018-2022) 
        10.2.2    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Historical Trend (2018-2022) 
        10.3.2    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Historical Trend (2018-2022) 
        10.4.2    Forecast Trend (2023-2028)
    10.5   Others
11    Asia Pacific Copper Foil Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2022) 
        11.1.2    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Historical Trend (2018-2022) 
        11.2.2    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Historical Trend (2018-2022) 
        11.3.2    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2022) 
        11.4.2    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Historical Trend (2018-2022) 
        11.5.2    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Copper Foil Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2022) 
        12.1.2    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2022) 
        12.2.2    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2022) 
        12.3.2    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Copper Foil Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2022) 
        13.1.2    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2022) 
        13.2.2    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2022) 
        13.3.2    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2022) 
        13.4.2    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis 
16    Trade Data Analysis
    16.1    Major Exporting Countries
        16.1.1    By Value
        16.1.2    By Volume
    16.2    Major Importing Countries
        16.2.1    By Value
        16.2.2    By Volume 
17    Price Analysis
    17.1    North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
    17.2    Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
    17.3    Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
    17.4    Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
    17.5    Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
18    Competitive Landscape
    18.1    Market Structure
    18.2    Company Profiles
        18.2.1    Carl Schlenk AG
            18.2.1.1    Company Overview
            18.2.1.2    Product Portfolio
            18.2.1.3    Demographic Reach and Achievements
            18.2.1.4    Certifications
        18.2.2    Doosan Corporation
            18.2.2.1    Company Overview
            18.2.2.2    Product Portfolio
            18.2.2.3    Demographic Reach and Achievements
            18.2.2.4    Certifications
        18.2.3    Furukawa Electric Co. Ltd.
            18.2.3.1    Company Overview
            18.2.3.2    Product Portfolio
            18.2.3.3    Demographic Reach and Achievements
            18.2.3.4    Certifications
        18.2.4    JXTG Holdings Inc.
            18.2.4.1    Company Overview
            18.2.4.2    Product Portfolio
            18.2.4.3    Demographic Reach and Achievements
            18.2.4.4    Certifications
        18.2.5    Mitsui Mining & Smelting Co. Ltd
            18.2.5.1    Company Overview
            18.2.5.2    Product Portfolio
            18.2.5.3    Demographic Reach and Achievements
            18.2.5.4    Certifications
            18.2.5.5    Certifications
        18.2.6    Others
19    Key Trends and Developments in the Market

 

Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Project Requirement and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment

 

List of Key Figures and Tables

1.    Global Copper Foil Market: Key Industry Highlights, 2018 and 2028
2.    Global Copper Foil Historical Market: Breakup by Product Type (USD Billion), 2018-2022
3.    Global Copper Foil Market Forecast: Breakup by Product Type (USD Billion), 2023-2028
4.    Global Copper Foil Historical Market: Breakup by Application (USD Billion), 2018-2022
5.    Global Copper Foil Market Forecast: Breakup by Application (USD Billion), 2023-2028
6.    Global Copper Foil Historical Market: Breakup by End Use (USD Billion), 2018-2022
7.    Global Copper Foil Market Forecast: Breakup by End Use (USD Billion), 2023-2028
8.    Global Copper Foil Historical Market: Breakup by Region (USD Billion), 2018-2022
9.    Global Copper Foil Market Forecast: Breakup by Region (USD Billion), 2023-2028
10.    North America Copper Foil Historical Market: Breakup by Country (USD Billion), 2018-2022
11.    North America Copper Foil Market Forecast: Breakup by Country (USD Billion), 2023-2028
12.    Europe Copper Foil Historical Market: Breakup by Country (USD Billion), 2018-2022
13.    Europe Copper Foil Market Forecast: Breakup by Country (USD Billion), 2023-2028
14.    Asia Pacific Copper Foil Historical Market: Breakup by Country (USD Billion), 2018-2022
15.    Asia Pacific Copper Foil Market Forecast: Breakup by Country (USD Billion), 2023-2028
16.    Latin America Copper Foil Historical Market: Breakup by Country (USD Billion), 2018-2022
17.    Latin America Copper Foil Market Forecast: Breakup by Country (USD Billion), 2023-2028
18.    Middle East and Africa Copper Foil Historical Market: Breakup by Country (USD Billion), 2018-2022
19.    Middle East and Africa Copper Foil Market Forecast: Breakup by Country (USD Billion), 2023-2028
20.    Major Exporting Countries by Value
21.    Major Importing Countries by Value
22.    Major Exporting Countries by Volume
23.    Major Importing Countries by Volume
24.    North America Historical Price Trends and Forecast 2018-2028
25.    Europe Historical Price Trends and Forecast 2018-2028
26.    Asia Pacific Historical Price Trends and Forecast 2018-2028
27.    Latin America Historical Price Trends and Forecast 2018-2028
28.    Middle East and Africa Historical Price Trends and Forecast 2018-2028
29.    Global Copper Foil Market Structure

Key Questions Answered in the Report

What was the global copper foil market size in 2022?

In 2022, the global copper foil market attained a value of nearly USD 14.15 billion.

What is the growth rate of the market?

The market is projected to grow at a CAGR of 9.5% between 2023 and 2028.

What is the forecast outlook of the market for 2023-2028?

The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach about USD 24.39 billion by 2028.

What are the major industry drivers?

The market is being aided by the extensive use of copper foils in the thriving automotive sector and the rising demand for consumer electronics.

What are the key industry trends of the global copper foil market?

The industry is expected to be driven by the rising use of printed circuit boards, the growing demand for small and thin devices, and the development of innovative printed circuit boards (PCB).

What are the major regional markets of copper foil, according to the EMR report?

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the major product types of copper foil in the industry?

The major product types of copper foil in the industry are rolled and electrodeposited.

What are the different applications of copper foil?

The different applications of copper foil are printed circuit boards, batteries, and electromagnetic shielding, among others.

What are the significant end uses of copper foil?

The significant end uses in the market are electrical and electronics, automotive, industrial equipment, building and construction, medical, and aerospace and defence, among others.

Who are the key industry players, according to the report?

The major players in the industry are Carl Schlenk AG, Doosan Corporation, Furukawa Electric Co. Ltd., JXTG Holdings Inc., and Mitsui Mining & Smelting Co. Ltd, among others.

Analyst Review

The global copper foil market attained a value of nearly USD 14.15 billion in 2022, driven by the robust growth of the automotive industry. Aided by the rising use of printed circuit boards, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 9.5%. The market is projected to reach about USD 24.39 billion by 2028.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its product types, the copper foil industry can be segmented into rolled and electrodeposited. On the basis of applications, the industry is divided into printed circuit boards, batteries, and electromagnetic shielding, among others. By end uses, the market is categorised into electrical and electronics, automotive, industrial equipment, building and construction, medical, and aerospace and defence, among others. The major regional markets for copper foil are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Carl Schlenk AG, Doosan Corporation, Furukawa Electric Co. Ltd., JXTG Holdings Inc., and Mitsui Mining & Smelting Co. Ltd, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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