High-end Copper Foil Market Size (2024 - 2029)

The high-end copper foil market is anticipated to experience growth, driven primarily by its application in printed circuit boards, despite the negative impact of COVID-19 in 2020. The market's expansion is supported by the rising demand in the electrical and electronics sector, particularly for consumer gadgets and medical electronics. While circuit board applications lead the market, opportunities are also present in transformer and grid-level energy storage. However, the development of single-crystal graphene sheets poses a challenge to market growth. The Asia-Pacific region, especially China and India, holds a significant share of the market.

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Market Size of High-end Copper Foil Industry

High-end Copper Foil Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 6.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Medium

Major Players

High-end Copper Foil Market Major Players

*Disclaimer: Major Players sorted in no particular order

High-End Copper Foil Market Analysis

The market for high-end copper foil is expected to register a CAGR of more than 6% during the forecast period. One of the major factors driving the market studied is the growing application as a printed circuit board (PCB) material. COVID-19 negatively impacted the market in 2020. However, the market is projected to grow steadily, owing to the increased Electrical and Electronics industry in the coming year.

  • Circuit board applications dominate the market and are expected to grow at a moderate rate during the forecast period, owing to the increasing demand for consumer gadgets like smartphones, PCs, tablets, and other medical electronics products.
  • Copper foils in transformer and grid-level energy storage are likely an opportunity.
  • The development of single-crystal graphene sheets as a substitute for copper foil is expected to hinder the market's growth.
  • Asia-Pacific dominated the market across the world, with the most significant consumption from countries such as China and India.

High-End Copper Foil Industry Segmentation

Copper, which is of the highest purity and is used in PCB, Li-ion Batteries, photo-voltaic anodes, medical, home appliances, aerospace, and military applications, is knowns as high-end copper. The high-end copper foil market is segmented into types, applications, and geography. By type, the market is segmented into rolled copper foil and electrodeposited copper foil. By application, the market is segmented into circuit boards, batteries, solar and alternative energy, appliances, medical, and other applications. The report also covers the market size and forecasts for the high-end copper market in 17 countries across major regions. For each segment, the market sizing and forecasts have been done based on value (USD million).

Type
Rolled Copper Foil
Electrodeposited (ED) Copper Foil
Application
Circuit Boards
Batteries
Solar and Alternative Energy
Appliances
Medical
Other Applications
Geography
Asia-Pacific
China
India
Japan
South Korea
Australia & New Zealand
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
Italy
France
Russia
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa
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High-end Copper Foil Market Size Summary

The high-end copper foil market is poised for significant growth, driven primarily by its increasing application in printed circuit boards (PCBs), which are essential components in a wide range of electronic devices. The demand for consumer electronics such as smartphones, PCs, and medical devices is a major factor propelling this market forward. Despite the initial setbacks caused by the COVID-19 pandemic, the market is expected to recover and expand steadily, supported by the burgeoning electrical and electronics industry. The Asia-Pacific region, particularly China and India, plays a dominant role in this market due to its substantial production capabilities and government incentives that bolster PCB manufacturing. However, the development of alternative materials like single-crystal graphene sheets poses a potential challenge to the market's growth trajectory.

The market landscape is characterized by a partial consolidation, with key players such as Mitsui Mining & Smelting Co. Ltd, Furukawa Electric Co. Ltd, and Sumitomo Metal Mining Co. Ltd holding significant market shares. These companies are actively expanding their operations and adopting sustainable practices, such as Furukawa Electric's shift to renewable energy, to enhance their production facilities' environmental performance. The market's growth is further supported by strategic expansions and acquisitions, as seen with Solus Advanced Materials Company's acquisition of a Canadian plant to strengthen its North American presence. Additionally, Doosan Corporation's investment in increasing its battery copper foil production capacity in Hungary highlights the rising demand for such materials in Europe. Overall, the high-end copper foil market is set to benefit from the ongoing advancements in PCB technology and the increasing global demand for electronic devices.

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High-end Copper Foil Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Growing Application as a Printed Circuit Board (PCB) Material

      2. 1.1.2 Increasing Demand for Lithium Ion Batteries From Transportation and Energy Storage Sector

    2. 1.2 Restraints

      1. 1.2.1 Development of Single Crystal Graphene Sheet as a Substitute for Copper Foil

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Consumers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION (Market Size in Value)

    1. 2.1 Type

      1. 2.1.1 Rolled Copper Foil

      2. 2.1.2 Electrodeposited (ED) Copper Foil

    2. 2.2 Application

      1. 2.2.1 Circuit Boards

      2. 2.2.2 Batteries

      3. 2.2.3 Solar and Alternative Energy

      4. 2.2.4 Appliances

      5. 2.2.5 Medical

      6. 2.2.6 Other Applications

    3. 2.3 Geography

      1. 2.3.1 Asia-Pacific

        1. 2.3.1.1 China

        2. 2.3.1.2 India

        3. 2.3.1.3 Japan

        4. 2.3.1.4 South Korea

        5. 2.3.1.5 Australia & New Zealand

        6. 2.3.1.6 Rest of Asia-Pacific

      2. 2.3.2 North America

        1. 2.3.2.1 United States

        2. 2.3.2.2 Canada

        3. 2.3.2.3 Mexico

      3. 2.3.3 Europe

        1. 2.3.3.1 Germany

        2. 2.3.3.2 United Kingdom

        3. 2.3.3.3 Italy

        4. 2.3.3.4 France

        5. 2.3.3.5 Russia

        6. 2.3.3.6 Rest of Europe

      4. 2.3.4 South America

        1. 2.3.4.1 Brazil

        2. 2.3.4.2 Argentina

        3. 2.3.4.3 Rest of South America

      5. 2.3.5 Middle-East and Africa

        1. 2.3.5.1 Saudi Arabia

        2. 2.3.5.2 South Africa

        3. 2.3.5.3 Rest of Middle-East and Africa

High-end Copper Foil Market Size FAQs

The High-end Copper Foil Market is projected to register a CAGR of greater than 6% during the forecast period (2024-2029)

Mitsui Mining & Smelting Co. Ltd, Furukawa Electric Co. Ltd, Sumitomo Metal Mining Co. Ltd, Doosan Corporation and Wieland Group are the major companies operating in the High-end Copper Foil Market.

High-End Copper Foil Market Report Snapshots

High-End Copper Foil Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)