The copper foil global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Copper Foil Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The copper foil market size has grown rapidly in recent years. It will grow from $11.75 billion in 2023 to $13.08 billion in 2024 at a compound annual growth rate (CAGR) of 11.3%. The growth in the historic period can be attributed to electronics industry growth, miniaturization of electronic devices, lithium-ion battery demand, pcb manufacturing, and renewable energy expansion.
The copper foil market size is expected to see rapid growth in the next few years. It will grow to $19.72 billion in 2028 at a compound annual growth rate (CAGR) of 10.8%. The growth in the forecast period can be attributed to urbanization and infrastructure, aerospace and defense needs, automotive electrification, environmental regulations, and emerging market expansion. Major trends in the forecast period include introduction of green energy solutions, 5g network deployment, technological innovations, innovative flexible electronics and displays, and strategic partnerships.
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Scope Of Copper Foil Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Copper Foil Market Overview
Market Drivers –
Increasing demand for electric vehicles is expected to propel the growth of the copper foil market going forward. Electric vehicles refer to vehicles that work on electricity stored in their batteries. Copper foil is used in the production of electric batteries, electric motors, and electric car wiring to provide an electric current to the vehicles. For instance, in 2021, 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. In addition, electric vehicle unit sales of two-wheelers reached 10.7 lakh units in 2020, which has increased to 2.33 lakh units in 2021. Therefore, the rise in demand for electric vehicles is driving the demand for the copper foil market growth.
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
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Regional Insights –
North America was the largest region in the copper foil market in 2023. 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.
Key Companies –
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., Doosan Corporation, Eneos Holdings Inc., 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., ANSIO Ltd., Solus Advanced Materials, SH Copper Products Co. Ltd., United Copper Foil (Huizhou) Co. Ltd., Civen Metal Material Co. Ltd.
Table of Contents
1. Executive Summary
2. Copper Foil Market characterstics
3. Copper Foil Market Trends And Strategies
4. Copper Foil Market – Macro Economic Scenario
5. Global Copper Foil Market Size And Growth
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31. Global Copper Foil Market Competitive Benchmarking
32. Global Copper Foil Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Copper Foil Market
34. Copper Foil Market Future Outlook and Potential Analysis
35. Appendix
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