Copper Foil Market Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players -Fukuda, Mitsui Mining & Smelting, Furukawa Electric

The global Copper Foil Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 7.9% during the review period (2022 to 2027)

Copper Foil Market Overview

Copper foil is a thin sheet of copper in the thickness range of rare microns formed either rolling copper sheet or electrodeposition process. Copper is a good conductor of electricity, and is highly malleable as well as ductile. This allows copper to be formed into extremely thin sheets. It is used in the printed circuit boards (PCBs) for telecommunications equipment such as PCs and mobile phones. In addition, it finds its application as a substrate for coating anode materials in Li-Ion batteries. The expansion of the electronics industry, consisting of many electronic systems and devices, is the major driver of the global copper foil market. This is attributed to the fact that copper foil is used in PCBs, which forms the fundamental part of modern electronics applications ranging from consumer electronics to military electronics such as in navigation, missiles, and surveillance.  A main chunk of military budget around the world is redirected toward purchasing new electronic systems or upgrading the existing ones. Consumer electronics contain TV, washing machine, computer, smartphones, oven, and refrigerator. As smartphones become lighter and feature more advanced functions, the use of rolled copper foil is increasing rapidly. Yet, the availability of aluminum foil as a substitute to copper foil and shortage in high yield copper supply in the future act as main restraints of the global copper foil market growth. Copper price is anticipated to increase significantly in the coming decades.Demand for copper foils is associated with progress of consumer electronics industry, which joined the trillion-dollar club in 2021. Consumer electronics have become an indisputable share of daily lives amid the fast-paced and ever-evolving world. Therefore, the global market for consumer electronics is equally fast-growing and is witnessing start and end of numerous trends regularly. Incessant innovations and onset of new-age technologies including, AI chips, and 3D sensors, have enabled developers to integrate augmented reality (AR) experiences into everyday devices such as smart TVs, smartphones, and wearable devices. Current data reveal that in the US alone, the number of connected TVs is expected to double from 2022 through 2027.

Industry News:

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 project. This expansion will further contribute in the development of the company.

In July 2021 – Rogers Corporation and Farasis formed a joint venture to use their technology and resources mutually that will contribute in product innovation and development. According to the agreement, a Rogers-Farasis materials application joint laboratory is established at Suzhou to develop advanced material solutions that will increase the safety, performance, and lifespan of battery packs.

Driving factors

Increasing Demand for Electronic Products to Drive Growth

The exponential increase in population and growing disposable incomes are prominent factors driving the demand for electronic products, such as smartphones, laptops, electronic security devices, and guidance control systems. Electronic items incorporate copper foil as conducting medium due to its excellent thermal and electrical possessions. The use of copper in circuit boards progresses their heat transfer capacity and minimizes the stress caused by the uneven heating of the circuit board. With the growth in digitization, online education platforms, and the internet of things (IoT), the demand for electronic products is projected to grow during the forecast period, thereby augmenting the market growth.

Restraining factors

Development of Graphene Sheets to Hinder Progress

Graphene sheets are considered to be the maximum promising substitute for silicon, copper, and other conducting materials. Graphene is a very flexible and resistant material with abilities such as self-cooling and self-healing. Sheets of graphene can be folded on a big scale to produce shapes similar to origami, which can then be applied in flexible circuits. The graphene sheet is the greatest sought-after material for applications in flexible displays. Numerous companies have invested in the development of conductive inks made from graphene, which are used to print circuits and in the conduction of electricity. The use of graphene in computers allows them to run at a much quicker rate with less amount of power consumption. So, the development of graphene sheets will restrict the copper foil market growth.

What are the major Applications, Types and Regions for Copper Foil Market?

By Type, it is segmented into

• Rolled Copper Foil


• Electrolytic Copper Foil


• Others

By Applications it is segmented into

• Printed Circuit Board


• Lithium-ion Batteries


• Electromagnetic Shielding


• Others

Copper Foil Market Regional Analysis

The growing production of EVs in the U.S. will drive product demand in North America. Initiatives by the US and Canadian governments and automotive manufacturers to develop and expand existing charging infrastructure in order to accommodate the rising demand for electric vehicles will lead to the growth of the market.

The region held the major copper foil market share in 2021 and is estimated to maintain its leading position throughout the forecast period. The dominance is mainly attributed to the presence of some major electronic product manufacturers in the region. China is the main country contributing to the growth of the regional market due to the country being the manufacturing hub for printed circuit boards (PCBs) manufacturing. Moreover, the entry of Tesla, Inc. in India is anticipated to boost the demand for these foils in the region.

The growing production of EVs in the U.S. will drive product demand in North America. Initiatives by the US and Canadian governments and automotive manufacturers to develop and expand existing charging infrastructure in order to accommodate the increasing demand for electric vehicles will lead to the growth of the market.

Countries such as France, Germany, and the U.K. are the main contributors to the growing product demand in Europe. The growing demand for electric vehicles and energy storage will surge the consumption of copper foils in the region. In addition, regulations on carbon emissions, combined with the initiatives by the European Union to achieve a circular economy by 2027, will support the regional market growth.

North America

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• Asia-Pacific
  
  
  
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  • Australia
  
  
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• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Copper Foil Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Copper Foil Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Copper Foil Market Report Scope?

Key Takeaways from this Copper Foil Report

• Evaluate Copper Foil market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Copper Foil market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

FAQ -

What is the study period of this market?

The Copper Foil Market is studied from 2017 - 2027.

 What is the growth rate of Copper Foil Market?

The Copper Foil Market is growing at a CAGR of 7.9% over the next 5 years.

What regions does this Copper Foil Market report covers?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.