Press release
Sales of Copper Coated Films Market are estimated to reach a valuation of US$ 9 Bn by the end of 2032
The market for copper-coated films had a US$ 3 billion market revenue. During the projected period, the demand for copper coated films is anticipated to rise at a CAGR of roughly 7%-9%, surpassing a worth of US$ 9 Bn (2022-2032). The electronics sector makes considerable use of copper foils to laminate and insulate the electrical devices. But because they are so expensive, people are increasingly looking for alternatives like copper-coated films.Due to its capacity to create conductive layers of various thicknesses, copper coated films are becoming more and more popular as end customers offer changes in conductivity. This is expected to increase demand for copper-coated films in the industrial, electrical, and electronics industries.
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Copper Coated Films: Dynamics
Increasing demand for copper coated films in labelling, decoration, lamination and insulation applications are expected to drive the global demand for copper coated films. The use of copper coated films has risen at a significant rate during the past few years owing to its superior conduction properties over counterparts such as aluminum foils. Electronics industry is one of the most prominent end use industry for copper coated films. Increased use of semi-conductor equipment in manufacturing and automotive industries is expected to fuel the demand for copper coated films during the forecast period. Moreover, the glossy appearance coupled with superior bond strength of copper coated films enables the manufacturer to use them for labelling applications.
Manufacturers are enhancing features in their existing product lines and offering customized conductivity and thickness to cater to specific needs of end use industries. For instance,
Dunmore Corporation, one of the leading manufacturer of metallized films, provides both unprotected and coated copper substrate for copper coated films. The company provides non-corrosive coating to protect copper thin film from corrosion
Copper Coated Films: Regional Outlook
Geographically, the global copper coated films market has been segmented into seven key regions which include, North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excl. Japan (APEJ), Middle East & Africa (MEA) and Japan. Western Europe and North America are expected to remain dominant in the copper coated films market due to growth of the automobile industry. Asia Pacific is expected to witness an increase in demand for copper coated films due to the rise in electronics manufacturing activities in the region. Emerging economies of Latin America region are expected to have lucrative opportunities for the growth of copper coated films market which can be attributed to rapid growth in manufacturing and industrial production sector.
Numerous infrastructure projects are being initiated in Latin America such as the Integration of the Regional Infrastructure in South America (IIRSA), such initiatives are expected to boost the industrial output and is anticipated to lead to rise in demand for copper coated films in the region during the forecast period.
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What are the Main Trends Driving the Market for Copper Coated Films?
According to projections, the market will experience profitable growth due to the expanding use of copper coated films for lamination, decoration, and insulation. Additionally, printed circuit boards or semiconductor systems use these copper-coated films.
Thus, the market demand for copper coated films is being driven by their expanding use in the manufacturing and automotive sectors. Consequently, the market's growth will be indirectly boosted by the soaring demand for semiconductors.
In addition, the market will be driven by the glossy appearance and greater binding strength provided by copper coated films in labelling applications.
Market Competition
Key players operating in the global copper coated films market include Dunmore Corporation, Remtec Inc., Avery Dennison Corporation, among others.
Leading players are adopting business strategies such as acquisitions, mergers, collaborations, and partnerships to expand their consumer base. Some of the players are focusing on advancing their manufacturing technologies to improve the product line.
Key Segments Profiled in the Copper Coated Films Market
Thickness:
Up to 25 Micron
25-50 Micron
50-100 Micron
More than 100 Micron
Substrate Material:
Polyamide (PA)
Polyethylene terephthalate (PET)
Woven and Non-Woven Fabrics
Others (Aluminum, etc.)
Application:
Lamination
Decoration
Labelling
Insulation
End Use Industries:
Automotive
Electrical & Electronics
Industrial
Others
Region:
North America
Latin America
Western Europe
Eastern Europe
Asia Pacific excluding Japan (APEJ)
Japan
Middle East & Africa
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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