Electrodeposited Copper Foils Market is projected to Reflect 11.6% CAGR throughout 2017 – 2025

A new report published by Persistence Market Research titled “Electrodeposited Copper Foils Market: Global Industry Analysis (2012 – 2016) and Opportunity Assessment (2017 – 2025)” studies the performance of the global electrodeposited copper foils market over an eight year assessment period from 2017 to 2025. The report presents the value and volume forecast of the global electrodeposited copper foils market and provides key insights into the factors driving market growth as well as the factors restricting market growth. As per the estimates, the global electrodeposited copper foils market is estimated to be valued at US$ 6,664.4 Mn by the end of the year 2017 and is poised to touch a value of US$ 16,005.6 Mn by the end of the year 2025, registering a CAGR of 11.6% during the assessment period. In terms of volume, the consumption of electrodeposited copper foils was pegged at 384,912 tons in the year 2016 and is expected to touch a figure of 774,918 tons by the end of the year 2025, and exhibit a CAGR of 8.3% during the assessment period.

There is a growing demand for electrodeposited copper foils from important end-use industries and this is expected to fuel the market growth during the period of assessment. With reference to this, the growth in the market for electrodeposited foils is expected to be mainly driven by green technologies and the growth in consumer electronics market. In addition, consumer electronics devices such as smartphones, tablets and laptops are popular, and these products use electrodeposited copper foils in them. Consequently, a strong demand for such products has also increased the demand for electrodeposited copper foils. On similar lines, the consumption of electrodeposited copper foils in the arena of consumer electronics is expected to witness a steady growth in the period of assessment. Moreover, electrodeposited copper foils are standard copper foils used for rigid PCBs and are mostly the standard in the PCB industry. Electrodeposited copper foils are used on a large scale by the manufacturers of PCB and this is also fuelling the market growth.

Browse Report Overview @ https://www.persistencemarketresearch.com/market-research/electrodeposited-copper-foils-market.asp

Global Electrodeposited Copper Foils Market: Regional Forecast

Persistence Market Research tracks the performance of the global electrodeposited copper foils market across the key geographies of North America, Latin America, Europe, Asia Pacific and MEA. As per the forecast, Asia Pacific electrodeposited copper foils market is estimated to be valued at US$ 5,889.4 Mn in the year 2017 and is slated to reach a value of US$ 14,715.9 Mn in the year 2025, exhibiting a CAGR of 12.1% during the period of assessment. Thus, the Asia Pacific region is completely dominating the global electrodeposited copper foils market. North America electrodeposited copper foils market is estimated to be valued at US$ 431.2 Mn in the year 2017, and is poised to reach a value of US$ 741.3 Mn in the year 2025, displaying a CAGR of 7% during the forecast period.

Global Electrodeposited Copper Foils Market: Vendor Insights

The report profiles some of the leading players operating in the global electrodeposited copper foils market such as Mitsui Mining & Smelting Co., Ltd, JX Nippon Mining & Metals Corporation, Jiangxi Copper Corporation, Furukawa Electric Co., Ltd., Nan Ya Plastics Corp., Arcotech Ltd., Kingboard Copper Foil Holdings Ltd, Guangdong Chaohua Technology Co., Ltd., LS MTRON LTD and Chang Chun Petrochemical Co., Ltd. among others. The major suppliers of electrodeposited copper foils are channelizing efforts towards developing partnerships with end users, such as PCB and Battery manufacturers, in order to better address the demand and cater to exacting standards and specific requirements.

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This release was published on openPR.