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Global Copper Foil Market Size, Share, Growth, Forecast: By Product Type: Rolled, Electrodeposited; By Application: Printed Circuit Boards, Batteries, Electromagnetic Shielding, Others; By End Use: Electrical and Electronics, Automotive, Industrial Equipment, Building and Construction, Others; Regional Analysis; Competitive Landscape; 2024-2032
Global Copper Foil Market Outlook
The global copper foil market attained a value of nearly USD 15.49 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 9.5% to reach about USD 35.06 billion by 2032.
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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.
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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.
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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.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product Type |
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| Breakup by Application |
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| Breakup by End Use |
|
| Breakup by Region |
|
| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| 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 (2018-2023)
8.3 Global Copper Foil Market Forecast (2024-2032)
8.4 Global Copper Foil Market by Product Type
8.4.1 Rolled
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Electrodeposited
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Copper Foil Market by Application
8.5.1 Printed Circuit Boards
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Batteries
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Electromagnetic Shielding
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
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 (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Automotive
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Industrial Equipment
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Building and Construction
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Medical
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
8.6.6 Aerospace and Defence
8.6.6.1 Historical Trend (2018-2023)
8.6.6.2 Forecast Trend (2024-2032)
8.6.7 Others
8.7 Global Copper Foil Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Copper Foil Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Copper Foil Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Copper Foil Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Copper Foil Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Copper Foil Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
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 (2018-2023) and Forecast (2024-2032)
17.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.5 Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
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 2032
2. Global Copper Foil Historical Market: Breakup by Product Type (USD Billion), 2018-2023
3. Global Copper Foil Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
4. Global Copper Foil Historical Market: Breakup by Application (USD Billion), 2018-2023
5. Global Copper Foil Market Forecast: Breakup by Application (USD Billion), 2024-2032
6. Global Copper Foil Historical Market: Breakup by End Use (USD Billion), 2018-2023
7. Global Copper Foil Market Forecast: Breakup by End Use (USD Billion), 2024-2032
8. Global Copper Foil Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Copper Foil Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Copper Foil Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Copper Foil Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Copper Foil Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Copper Foil Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Copper Foil Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Copper Foil Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Copper Foil Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Copper Foil Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Copper Foil Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Copper Foil Market Forecast: Breakup by Country (USD Billion), 2024-2032
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
In 2023, the global copper foil market attained a value of nearly USD 15.49 billion.
The market is projected to grow at a CAGR of 9.5% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 35.06 billion by 2032.
The market is being driven by the extensive use of copper foils in the thriving automotive sector and the rising demand for consumer electronics.
The key trends of the market include the rising use of printed circuit boards, the growing demand for small and thin devices, and the development of innovative printed circuit boards (PCB).
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The significant product types of copper foil in the market are rolled and electrodeposited.
The different applications of copper foil are printed circuit boards, batteries, and electromagnetic shielding, among others.
The significant end uses in the market are electrical and electronics, automotive, industrial equipment, building and construction, medical, and aerospace and defence, among others.
The key players in the global copper foil market 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 15.49 billion in 2023, 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 2024-2032, growing at a CAGR of 9.5%. The market is projected to reach about USD 35.06 billion by 2032.
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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