PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1351087
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1351087
Electrodeposited Copper Foil Market Forecasts to 2030 - Global Analysis By Type (Electrolytic Copper Foil, Rolled Copper Foil and Other Types), Application, End User and By Geography
According to Stratistics MRC, the Global Electrodeposited Copper Foil Market is accounted for $4.1 billion in 2023 and is expected to reach $6.8 billion by 2030 growing at a CAGR of 7.2% during the forecast period. Electrodeposited copper foils are created using electrolysis, in which copper ions are removed from a copper solution and deposited on a rotating titanium mandrel to form a thin layer of foil. These foils are excellent for making PCBs and lithium-ion batteries, among other things. These ultimately have a big impact on the development of various home products, communications technology, and the energy production sector.
According to a Swedish multinational telecommunications company, Ericsson, a total of around 410 million additional smartphone users are expected in India alone by 2025. According to the Society of Manufacturers of Electric Vehicles (SMEV), an India-based electric vehicle association, there is a growth of 132% in the sales of electric two-wheelers in India.
Market Dynamics:
Driver:
Increasing demand for electrodeposited copper foils
The ongoing development of technology and electronic devices has significantly raised the need for electrodeposited copper foils. As they continuously invest in new electronic systems and update their current ones, governments and international enterprises also contribute to the worldwide need. The need for electrodeposited copper foils has also increased due to the improved features and decreased bulk of various appliances including washing machines, refrigerators, televisions, etc.
Restraint:
Availability of substitutes
Aluminum could be used as a foil to reduce low-frequency radio fields in radio frequency (RF) shielding applications, similar to how copper foil is employed. Transformers are available in both copper foil and aluminum on the market. Both transformers perform similarly. Aluminum foil transformers are less in weight because aluminum has a lower density than copper. The availability of aluminum foil as a substitute for copper foil and the anticipated shortage of high yield copper supplies are the two main factors limiting market expansion.
Opportunity:
Innovation and technological advancements
The introduction of 5G technology, IoT devices, artificial intelligence, and high-performance computing, among other developments in the electronics and electrical industries, have boosted the demand for advanced printed circuit boards and raised the price of premium copper foils. The development of sophisticated copper foils with improved properties, product innovation, and ongoing improvements in electrode position techniques all contribute to the market's expansion.
Threat:
Fluctuating copper prices
The price volatility of copper, a crucial raw material for the manufacturing of electrodeposited copper foil, presents difficulties for market participants in terms of cost control and profit margins. Additionally, the usage of chemicals and trash during the electroplating process used to create electrodeposited copper foil raises environmental issues and puts regulations in place. Therefore, the high price of copper foil and its dangers impede the expansion of the market.
COVID-19 Impact:
The epidemic impacted worldwide supply lines, particularly the copper foil supply chain. Raw materials and final goods deliveries were delayed as a result of transportation restrictions, border closures, and lockdown procedures. The pandemic-related worldwide economic crisis resulted in a drop in demand for a number of sectors that employ copper foil, including electronics, automotive, and construction. The market for copper foil goods was hurt by slowdowns in manufacturing, decreased consumer expenditure, and project delays.
The rolled copper foil segment is expected to be the largest during the forecast period
The rolled copper foil segment is expected to be the largest during the forecast period. Lithium-ion batteries and flexible printed circuit boards (FPCBs) both make heavy use of rolled copper foil. The expanding market for flexible electronics, including flexible displays, wearable technology, and curved screens, is what fuels demand for rolled copper foil. The demand for rolled copper foil is influenced by both the rising use of electric vehicles and the requirement for high-performance lithium-ion batteries.
The electronics segment is expected to have the highest CAGR during the forecast period
The electronics segment is expected to have the highest CAGR during the forecast period. Copper foil is widely used in the electronics sector, especially for printed circuit boards (PCBs), lithium-ion batteries, electromagnetic shielding, and flexible electronics. The demand for copper foil in this industry is being driven by the rising demand for electronic devices such smartphones, tablets, laptops, and automotive electronics. The demand for copper foil in this industry is being driven by the rising demand for electronic devices such smartphones, tablets, laptops, and automotive electronics.
Region with largest share:
North America is projected to hold the largest market share during the forecast period, owing to the significant presence of leading players in the electronics and automotive sectors. The US and Canadian governments and automakers attempts to build up and expand the current charging infrastructure in order to fulfil the rising demand for electric vehicles would boost the market. The region's emphasis on technological development and adoption of cutting-edge electrical components support market expansion.
Region with highest CAGR:
Asia Pacific is projected to hold the highest CAGR over the forecast period, due to the presence of major electronics manufacturing hubs. The presence of significant electrical equipment manufacturers in the area may be largely responsible for its dominance. China is the key nation driving the expansion of the regional market since it serves as a center for the production of printed circuit boards (PCBs). Due to the increased demand for electronic products and the increasing uptake of electric vehicles, the region has significant growth potential.
Key players in the market:
Some of the key players in Electrodeposited Copper Foil market include: Sumitomo Metal Mining Co. Ltd, Targray Technology International Inc. , Hitachi Cable, Circuit Foil Luxembourg, Furukawa Electric Co. Ltd., Doosan Group, Arcotech Ltd., Shandong Jinbao Electronics Co. Ltd., JX Nippon Mining & Metal, Targray Technology International Inc., Kingboard Copper Foil Holdings Limited, Jiangxi Copper Corporation, Nan Ya Plastics Corp., Mitsui Mining & Smelting Co., Ltd. and Chang Chun Group.
Key Developments:
In June 2023, Jiangxi Copper Company and Anglo American have signed a memorandum of understanding to work together to provide greater assurance on the way copper is mined, processed, and brought to market.
In February 2023, JX Nippon Mining & Metals Corporation and Sojitz Corporation reached an agreement in which Sojitz will acquire a 34 percent stake in eCycle Solutions Inc., a wholly-owned subsidiary of JX Metals and Canada's largest collector and processor of e-waste in terms of market share.
In April 2022, Furukawa Electric Co. Ltd switched to renewable energy to meet all the power requirements at Japan's Copper Foil Division's production facility. The company expects to reduce CO2 emissions from electricity use at the plant by a maximum of 30,000 tons per year.
Types Covered:
- Electrolytic Copper Foil
- Rolled Copper Foil
- Other Types
Applications Covered:
- Lithium-Ion Batteries
- Printed Circuit Boards (PCBs)
- Electromagnetic Shielding
- Switchgear
- Other Applications
End Users Covered:
- Aerospace
- Energy Storage
- Electronics
- Automotive
- Other End Users
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Application Analysis
- 3.7 End User Analysis
- 3.8 Emerging Markets
- 3.9 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Electrodeposited Copper Foil Market, By Type
- 5.1 Introduction
- 5.2 Electrolytic Copper Foil
- 5.3 Rolled Copper Foil
- 5.4 Other Types
6 Global Electrodeposited Copper Foil Market, By Application
- 6.1 Introduction
- 6.2 Lithium-Ion Batteries
- 6.3 Printed Circuit Boards (PCBs)
- 6.4 Electromagnetic Shielding
- 6.5 Switchgear
- 6.6 Other Applications
7 Global Electrodeposited Copper Foil Market, By End User
- 7.1 Introduction
- 7.2 Aerospace
- 7.3 Energy Storage
- 7.4 Electronics
- 7.5 Automotive
- 7.6 Other End Users
8 Global Electrodeposited Copper Foil Market, By Geography
- 8.1 Introduction
- 8.2 North America
- 8.2.1 US
- 8.2.2 Canada
- 8.2.3 Mexico
- 8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 Italy
- 8.3.4 France
- 8.3.5 Spain
- 8.3.6 Rest of Europe
- 8.4 Asia Pacific
- 8.4.1 Japan
- 8.4.2 China
- 8.4.3 India
- 8.4.4 Australia
- 8.4.5 New Zealand
- 8.4.6 South Korea
- 8.4.8 Rest of Asia Pacific
- 8.5 South America
- 8.5.1 Argentina
- 8.5.2 Brazil
- 8.5.3 Chile
- 8.5.4 Rest of South America
- 8.6 Middle East & Africa
- 8.6.1 Saudi Arabia
- 8.6.2 UAE
- 8.6.3 Qatar
- 8.6.4 South Africa
- 8.6.5 Rest of Middle East & Africa
9 Key Developments
- 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 9.2 Acquisitions & Mergers
- 9.3 New Product Launch
- 9.4 Expansions
- 9.5 Other Key Strategies
10 Company Profiling
- 10.1 Sumitomo Metal Mining Co. Ltd
- 10.2 Targray Technology International Inc.
- 10.3 Hitachi Cable
- 10.4 Circuit Foil Luxembourg
- 10.5 Furukawa Electric Co. Ltd.
- 10.6 Doosan Group
- 10.7 Arcotech Ltd.
- 10.8 Shandong Jinbao Electronics Co. Ltd.
- 10.1 JX Nippon Mining & Metal
- 10.10 Targray Technology International Inc.
- 10.11 Kingboard Copper Foil Holdings Limited
- 10.12 Jiangxi Copper Corporation
- 10.13 Nan Ya Plastics Corp.
- 10.14 Mitsui Mining & Smelting Co., Ltd.
- 10.15 Chang Chun Group
List of Tables
- Table 1 Global Electrodeposited Copper Foil Market Outlook, By Region (2021-2030) ($MN)
- Table 2 Global Electrodeposited Copper Foil Market Outlook, By Type (2021-2030) ($MN)
- Table 3 Global Electrodeposited Copper Foil Market Outlook, By Electrolytic Copper Foil (2021-2030) ($MN)
- Table 4 Global Electrodeposited Copper Foil Market Outlook, By Rolled Copper Foil (2021-2030) ($MN)
- Table 5 Global Electrodeposited Copper Foil Market Outlook, By Other Types (2021-2030) ($MN)
- Table 6 Global Electrodeposited Copper Foil Market Outlook, By Application (2021-2030) ($MN)
- Table 7 Global Electrodeposited Copper Foil Market Outlook, By Lithium-Ion Batteries (2021-2030) ($MN)
- Table 8 Global Electrodeposited Copper Foil Market Outlook, By Printed Circuit Boards (PCBs) (2021-2030) ($MN)
- Table 9 Global Electrodeposited Copper Foil Market Outlook, By Electromagnetic Shielding (2021-2030) ($MN)
- Table 10 Global Electrodeposited Copper Foil Market Outlook, By Switchgear (2021-2030) ($MN)
- Table 11 Global Electrodeposited Copper Foil Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 12 Global Electrodeposited Copper Foil Market Outlook, By End User (2021-2030) ($MN)
- Table 13 Global Electrodeposited Copper Foil Market Outlook, By Aerospace (2021-2030) ($MN)
- Table 14 Global Electrodeposited Copper Foil Market Outlook, By Energy Storage (2021-2030) ($MN)
- Table 15 Global Electrodeposited Copper Foil Market Outlook, By Electronics (2021-2030) ($MN)
- Table 16 Global Electrodeposited Copper Foil Market Outlook, By Automotive (2021-2030) ($MN)
- Table 17 Global Electrodeposited Copper Foil Market Outlook, By Other End Users (2021-2030) ($MN)
- Table 18 North America Electrodeposited Copper Foil Market Outlook, By Country (2021-2030) ($MN)
- Table 19 North America Electrodeposited Copper Foil Market Outlook, By Type (2021-2030) ($MN)
- Table 20 North America Electrodeposited Copper Foil Market Outlook, By Electrolytic Copper Foil (2021-2030) ($MN)
- Table 21 North America Electrodeposited Copper Foil Market Outlook, By Rolled Copper Foil (2021-2030) ($MN)
- Table 22 North America Electrodeposited Copper Foil Market Outlook, By Other Types (2021-2030) ($MN)
- Table 23 North America Electrodeposited Copper Foil Market Outlook, By Application (2021-2030) ($MN)
- Table 24 North America Electrodeposited Copper Foil Market Outlook, By Lithium-Ion Batteries (2021-2030) ($MN)
- Table 25 North America Electrodeposited Copper Foil Market Outlook, By Printed Circuit Boards (PCBs) (2021-2030) ($MN)
- Table 26 North America Electrodeposited Copper Foil Market Outlook, By Electromagnetic Shielding (2021-2030) ($MN)
- Table 27 North America Electrodeposited Copper Foil Market Outlook, By Switchgear (2021-2030) ($MN)
- Table 28 North America Electrodeposited Copper Foil Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 29 North America Electrodeposited Copper Foil Market Outlook, By End User (2021-2030) ($MN)
- Table 30 North America Electrodeposited Copper Foil Market Outlook, By Aerospace (2021-2030) ($MN)
- Table 31 North America Electrodeposited Copper Foil Market Outlook, By Energy Storage (2021-2030) ($MN)
- Table 32 North America Electrodeposited Copper Foil Market Outlook, By Electronics (2021-2030) ($MN)
- Table 33 North America Electrodeposited Copper Foil Market Outlook, By Automotive (2021-2030) ($MN)
- Table 34 North America Electrodeposited Copper Foil Market Outlook, By Other End Users (2021-2030) ($MN)
- Table 35 Europe Electrodeposited Copper Foil Market Outlook, By Country (2021-2030) ($MN)
- Table 36 Europe Electrodeposited Copper Foil Market Outlook, By Type (2021-2030) ($MN)
- Table 37 Europe Electrodeposited Copper Foil Market Outlook, By Electrolytic Copper Foil (2021-2030) ($MN)
- Table 38 Europe Electrodeposited Copper Foil Market Outlook, By Rolled Copper Foil (2021-2030) ($MN)
- Table 39 Europe Electrodeposited Copper Foil Market Outlook, By Other Types (2021-2030) ($MN)
- Table 40 Europe Electrodeposited Copper Foil Market Outlook, By Application (2021-2030) ($MN)
- Table 41 Europe Electrodeposited Copper Foil Market Outlook, By Lithium-Ion Batteries (2021-2030) ($MN)
- Table 42 Europe Electrodeposited Copper Foil Market Outlook, By Printed Circuit Boards (PCBs) (2021-2030) ($MN)
- Table 43 Europe Electrodeposited Copper Foil Market Outlook, By Electromagnetic Shielding (2021-2030) ($MN)
- Table 44 Europe Electrodeposited Copper Foil Market Outlook, By Switchgear (2021-2030) ($MN)
- Table 45 Europe Electrodeposited Copper Foil Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 46 Europe Electrodeposited Copper Foil Market Outlook, By End User (2021-2030) ($MN)
- Table 47 Europe Electrodeposited Copper Foil Market Outlook, By Aerospace (2021-2030) ($MN)
- Table 48 Europe Electrodeposited Copper Foil Market Outlook, By Energy Storage (2021-2030) ($MN)
- Table 49 Europe Electrodeposited Copper Foil Market Outlook, By Electronics (2021-2030) ($MN)
- Table 50 Europe Electrodeposited Copper Foil Market Outlook, By Automotive (2021-2030) ($MN)
- Table 51 Europe Electrodeposited Copper Foil Market Outlook, By Other End Users (2021-2030) ($MN)
- Table 52 Asia Pacific Electrodeposited Copper Foil Market Outlook, By Country (2021-2030) ($MN)
- Table 53 Asia Pacific Electrodeposited Copper Foil Market Outlook, By Type (2021-2030) ($MN)
- Table 54 Asia Pacific Electrodeposited Copper Foil Market Outlook, By Electrolytic Copper Foil (2021-2030) ($MN)
- Table 55 Asia Pacific Electrodeposited Copper Foil Market Outlook, By Rolled Copper Foil (2021-2030) ($MN)
- Table 56 Asia Pacific Electrodeposited Copper Foil Market Outlook, By Other Types (2021-2030) ($MN)
- Table 57 Asia Pacific Electrodeposited Copper Foil Market Outlook, By Application (2021-2030) ($MN)
- Table 58 Asia Pacific Electrodeposited Copper Foil Market Outlook, By Lithium-Ion Batteries (2021-2030) ($MN)
- Table 59 Asia Pacific Electrodeposited Copper Foil Market Outlook, By Printed Circuit Boards (PCBs) (2021-2030) ($MN)
- Table 60 Asia Pacific Electrodeposited Copper Foil Market Outlook, By Electromagnetic Shielding (2021-2030) ($MN)
- Table 61 Asia Pacific Electrodeposited Copper Foil Market Outlook, By Switchgear (2021-2030) ($MN)
- Table 62 Asia Pacific Electrodeposited Copper Foil Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 63 Asia Pacific Electrodeposited Copper Foil Market Outlook, By End User (2021-2030) ($MN)
- Table 64 Asia Pacific Electrodeposited Copper Foil Market Outlook, By Aerospace (2021-2030) ($MN)
- Table 65 Asia Pacific Electrodeposited Copper Foil Market Outlook, By Energy Storage (2021-2030) ($MN)
- Table 66 Asia Pacific Electrodeposited Copper Foil Market Outlook, By Electronics (2021-2030) ($MN)
- Table 67 Asia Pacific Electrodeposited Copper Foil Market Outlook, By Automotive (2021-2030) ($MN)
- Table 68 Asia Pacific Electrodeposited Copper Foil Market Outlook, By Other End Users (2021-2030) ($MN)
- Table 69 South America Electrodeposited Copper Foil Market Outlook, By Country (2021-2030) ($MN)
- Table 70 South America Electrodeposited Copper Foil Market Outlook, By Type (2021-2030) ($MN)
- Table 71 South America Electrodeposited Copper Foil Market Outlook, By Electrolytic Copper Foil (2021-2030) ($MN)
- Table 72 South America Electrodeposited Copper Foil Market Outlook, By Rolled Copper Foil (2021-2030) ($MN)
- Table 73 South America Electrodeposited Copper Foil Market Outlook, By Other Types (2021-2030) ($MN)
- Table 74 South America Electrodeposited Copper Foil Market Outlook, By Application (2021-2030) ($MN)
- Table 75 South America Electrodeposited Copper Foil Market Outlook, By Lithium-Ion Batteries (2021-2030) ($MN)
- Table 76 South America Electrodeposited Copper Foil Market Outlook, By Printed Circuit Boards (PCBs) (2021-2030) ($MN)
- Table 77 South America Electrodeposited Copper Foil Market Outlook, By Electromagnetic Shielding (2021-2030) ($MN)
- Table 78 South America Electrodeposited Copper Foil Market Outlook, By Switchgear (2021-2030) ($MN)
- Table 79 South America Electrodeposited Copper Foil Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 80 South America Electrodeposited Copper Foil Market Outlook, By End User (2021-2030) ($MN)
- Table 81 South America Electrodeposited Copper Foil Market Outlook, By Aerospace (2021-2030) ($MN)
- Table 82 South America Electrodeposited Copper Foil Market Outlook, By Energy Storage (2021-2030) ($MN)
- Table 83 South America Electrodeposited Copper Foil Market Outlook, By Electronics (2021-2030) ($MN)
- Table 84 South America Electrodeposited Copper Foil Market Outlook, By Automotive (2021-2030) ($MN)
- Table 85 South America Electrodeposited Copper Foil Market Outlook, By Other End Users (2021-2030) ($MN)
- Table 86 Middle East & Africa Electrodeposited Copper Foil Market Outlook, By Country (2021-2030) ($MN)
- Table 87 Middle East & Africa Electrodeposited Copper Foil Market Outlook, By Type (2021-2030) ($MN)
- Table 88 Middle East & Africa Electrodeposited Copper Foil Market Outlook, By Electrolytic Copper Foil (2021-2030) ($MN)
- Table 89 Middle East & Africa Electrodeposited Copper Foil Market Outlook, By Rolled Copper Foil (2021-2030) ($MN)
- Table 90 Middle East & Africa Electrodeposited Copper Foil Market Outlook, By Other Types (2021-2030) ($MN)
- Table 91 Middle East & Africa Electrodeposited Copper Foil Market Outlook, By Application (2021-2030) ($MN)
- Table 92 Middle East & Africa Electrodeposited Copper Foil Market Outlook, By Lithium-Ion Batteries (2021-2030) ($MN)
- Table 93 Middle East & Africa Electrodeposited Copper Foil Market Outlook, By Printed Circuit Boards (PCBs) (2021-2030) ($MN)
- Table 94 Middle East & Africa Electrodeposited Copper Foil Market Outlook, By Electromagnetic Shielding (2021-2030) ($MN)
- Table 95 Middle East & Africa Electrodeposited Copper Foil Market Outlook, By Switchgear (2021-2030) ($MN)
- Table 96 Middle East & Africa Electrodeposited Copper Foil Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 97 Middle East & Africa Electrodeposited Copper Foil Market Outlook, By End User (2021-2030) ($MN)
- Table 98 Middle East & Africa Electrodeposited Copper Foil Market Outlook, By Aerospace (2021-2030) ($MN)
- Table 99 Middle East & Africa Electrodeposited Copper Foil Market Outlook, By Energy Storage (2021-2030) ($MN)
- Table 100 Middle East & Africa Electrodeposited Copper Foil Market Outlook, By Electronics (2021-2030) ($MN)
- Table 101 Middle East & Africa Electrodeposited Copper Foil Market Outlook, By Automotive (2021-2030) ($MN)
- Table 102 Middle East & Africa Electrodeposited Copper Foil Market Outlook, By Other End Users (2021-2030) ($MN)
