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Copper Foil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Report Format: PDF+Excel | Report ID: SR112023A5022
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Market Overview:
The global copper foil market size reached US$ 5.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.7 Billion by 2028, exhibiting a growth rate (CAGR) of 7% during 2023-2028.
Copper foil is a thin sheet of copper with a thickness of a few microns made by electroplating or rolling the copper sheet. It is a versatile material that conducts electricity and heat. As a result, it is widely used in circuit boards, batteries, and solar energy appliances. Besides this, it is utilized in the printed circuit boards (PCBs) that are incorporated into telecommunications equipment, such as personal computers (PCs), mobile phones, current collectors of lithium-ion secondary batteries, and the electromagnetic wave shield material of plasma displays (PDPs).
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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Copper Foil Market Trends:
The growing sales of electronic devices, such as smartphones, laptops, computers, and tabs across the globe, represent one of the key factors driving the market. Moreover, the improving 5G infrastructure due to the rising need for better connecting solutions is stimulating the growth of the market. In addition, there is a rise in the demand for electric vehicles (EVs) on account of the increasing greenhouse gas (GHG) emissions from internal combustion engine (ICE) vehicles and the growing environmental awareness among individuals. This, along with the increasing applications of copper foils in decorative materials, such as monasteries, gold signs, tile mosaic, and handicrafts, is offering lucrative growth opportunities to the end-users and investors. Besides this, the rising application of copper foils in transformers and grid-level energy storage around the world is positively influencing the market. Furthermore, key market players are increasing product differentiation by improving the surface properties of the copper foil, developing new surface treatment coatings, and achieving smaller thickness and weight for numerous applications. These players are also adopting strategies, such as mergers and acquisitions (M&A), to increase their overall sales and profitability.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global copper foil market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, application and end use industry.
Breakup by Product Type:
- Rolled Copper Foil
- Electrodeposited Copper Foil
Breakup by Application:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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- Printed Circuit Boards
- Batteries
- Electromagnetic Shielding
- Others
Breakup by End Use Industry:
- Aerospace and Defense
- Automotive
- Building and Construction
- Electrical and Electronics
- Industrial Equipment
- Medical
- Others
Breakup by Region:
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- 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
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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. and UACJ Corporation.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2022 |
| Historical Period | 2017-2022 |
| Forecast Period | 2023-2028 |
| Units | US$ Billion |
| Segment Coverage | Product Type, Application, End Use Industry, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | 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. and UACJ Corporation. |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global copper foil market was valued at US$ 5.7 Billion in 2022.
We expect the global copper foil market to exhibit a CAGR of 7% during 2023-2028.
The extensive utilization of copper foil in manufacturing various electronic devices, such as smartphones, laptops, computers, etc., is currently catalyzing the global copper foil market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary closure of numerous end-use industries for copper foil.
Based on the product type, the global copper foil market can be segmented into rolled copper foil and electrodeposited copper foil. Currently, rolled copper foil holds the majority of the total market share.
Based on the application, the global copper foil market has been divided into printed circuit boards, batteries, electromagnetic shielding, and others. Among these, printed circuit boards currently exhibit a clear dominance in the market.
Based on the end use industry, the global copper foil market can be categorized into aerospace and defense, automotive, building and construction, electrical and electronics, industrial equipment, medical, and others. Currently, the electrical and electronics industry accounts for the largest market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.
Some of the major players in the global copper foil market include 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., and UACJ Corporation.
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