Press release
2025-2034 Copper Foil Market Roadmap: Insights for Competitive Advantage
Copper Foil
How Large Will the Copper Foil Market Size By 2025?
In recent times, the copper foil market has seen quick and noticeable growth. The market, which was valued at $12.86 billion in 2024, is projected to rise to $14.21 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 10.5%. This upswing during the historic period is linked to factors such as the burgeoning electronics industry, the trend towards smaller electronic devices, the increased demand for lithium-ion batteries, advancements in pcb manufacturing, and the ongoing expansion in renewable energy.
How Big Is the Copper Foil Market Size Expected to Grow by 2029?
In the coming years, the copper foil market is anticipated to experience a swift expansion. With a compound annual growth rate (CAGR) of 10.6%, it is projected to reach $21.29 billion by 2029. The anticipated growth during the forecast period is due to factors such as urbanization and infrastructure development, increasing needs in the aerospace and defense sectors, the rise of automotive electrification, stringent environmental regulations, and expansion into new markets. Key trends likely to occur within the forecast period include the adoption of environmentally friendly energy solutions, the launch of 5G networks, technological advancements, the introduction of innovative flexible electronics and displays, and strategic collaborations.
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Which Key Market Drivers Powering Copper Foil Market Expansion and Growth?
The surge in electric vehicle adoption is projected to boost the growth of the copper foil market. Alluding to vehicles running on stored electricity in their batteries, electric vehicles utilize copper foil in the creation of their electric batteries, motors, and car wiring for the provision of electric current. For example, the International Energy Agency reported a rise of 3.5 million electric car sales in 2023 from 2022, registering a year-on-year growth of 35%. The same year saw electric vehicles making up roughly 18% of the total car sales, a rise from 14% in the year prior. Consequently, the escalating call for electric vehicles is fueling the demand and growth of the copper foil market.
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Which Fast-Growing Trends Are Poised to Disrupt the Copper Foil Market?
The copper foil market is noticing a significant trend in the development of product innovations. To maintain their market standing, many leading businesses in the copper foil industry are focusing on product introductions. As an illustration, up until 2023, Infinite Flex has been consistently introducing innovations in the field of copper foil and powder production. In the first month of 2023, Infinite Flex launched Infinite Powder Cu 03, an improved version of its copper powder line. Utilizing metal injection molding (MIM) technology, the new launch provides even greater conductivity in copper components, making it ideal for the fast-expanding electric vehicle (EV) battery market.
What Are the Emerging Segments in the Copper Foil Market?
The copper foil market covered in this report is segmented -
1) By Product Type: Rolled Copper Foil, Electrodeposited Copper Foil
2) By Grade: Electrolytic Tough Pitch Copper (ETP), Deoxidized High Phosphorus Copper (DHP)
3) By Application: Printed Circuit Boards, Batteries, Electromagnetic Shielding, Other Applications
4) By End-User: Electrical and Electronics, Automotive, Industrial Equipment, Building and Construction, Other End-Users
Subsegments:
1) By Rolled Copper Foil: Standard Rolled Copper Foil, Ultra-Thin Rolled Copper Foil, Alloyed Rolled Copper Foil
2) By Electrodeposited Copper Foil: Standard Electrodeposited Copper Foil, High-Performance Electrodeposited Copper Foil, Fine Grain Electrodeposited Copper Foil
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Who Are the Global Leaders in the Copper Foil Market?
Major companies operating in the copper foil market include LS Mtron Co. Ltd., Chang Chun Group, Furukawa Electric Co. Ltd., ILJIN Materials Co. Ltd., JX Nippon Mining & Metals Corporation, Carl Schlenk AG, Mitsui Mining & Smelting Co. Ltd., Nippon Denkai Ltd., UACJ Corporation, Rogers Corporation, Sumitomo Metal Mining Co. Ltd., Circuit Foil SA, Shandong Jinbao Electronics Co. Ltd., Wieland Metals India Pvt. Ltd., Nan Ya Plastics Corporation., SKC Inc., NUODE New Materials Co. Ltd., Lingbao Wason Copper Foil Co. Ltd., Guangdong Jia Yuan Technology Shares Co. Ltd., Jiujiang Defu Technology Co. Ltd., Jiangxi Copper Corporation, Fujian Clear View Copper Foils Co. Ltd., Kingboard Copper Foil Holdings Limited, Targray Technology International Inc., Solus Advanced Materials, SH Copper Products Co. Ltd., United Copper Foil (Huizhou) Co. Ltd., Civen Metal Material Co. Ltd.
Which are the Top Profitable Regional Markets for the Copper Foil Industry?
North America was the largest region in the copper foil market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the copper foil market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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