Copper Foil Market Growth, Trends & Forecast 2020-2027 | Insights & Future Innovations
Copper Foil Market
Global Copper Foil Market Size To Worth $21.8 Billion By 2027 | CAGR of 7.2%
PORTLAND, OR, UNITED STATES, February 3, 2025 /EINPresswire.com/ -- According to the report published by Allied Market Research, the global copper foil market garnered $12.4 billion in 2019, and is projected to generate $21.8 billion by 2027, witnessing a CAGR of 7.2% from 2020 to 2027. The report offers an extensive analysis of changing market trends, key winning strategies, major segments, top investment pockets, and competitive landscape.
The copper foil market consists of sales of surface-treated electrodeposited copper, high-temperature elongation (THE) copper foil, double-treated foil, resistive copper, and low-profile copper.Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers.
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Copper foil is a thin sheet of copper with a thickness of a few microns that is made by rolling copper sheets or the electrodeposition process. Copper is an excellent electrical conductor and is both ductile and malleable. Copper foil is the standard copper thickness used for both the outer and interior layers. Copper foil is a copper-based product that frequently incorporates other elements to form an alloy. Copper foil is utilized in printed circuit boards (PCBs), which are prevalent in telecommunications devices like computers and mobile phones. It is also used in current collectors for lithium-ion secondary batteries and as a material that protects electromagnetic waves in plasma displays. It is widely used in industrial items due to its greater electrical conductivity, mechanical strength, and dependability when compared to other metals. The global copper foil market is expected to grow due to increased 5G internet services, low-segment models, reduced internet costs, and advancements in IoT and 5G technology. The increasing adoption of electric vehicles will also drive demand for copper foil-based boards. However, Copper foil's market growth is expected to be hindered by the availability of substitutes like aluminum transformers and graphene sheets, which offer lighter, self-cooling, and self-healing properties and are ideal for flexible circuits. Hence, these factors may impede the market growth of the global copper foil market during the forecast period.
The report offers detailed segmentation of the global copper foil market based on type, application, end-user industry, and geography.
By type, the rolled copper foil segment held the highest market share in 2019, contributing to nearly two-thirds of the market, and will continue its dominant share during the forecast period. However, the electrodeposited copper foil segment is projected to witness the highest CAGR of 8.0% from 2020 to 2027.
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The rolled copper foil segment is anticipated to hold the greatest share of the global copper foil market during the projected timeframe.
On the basis of type, the global copper foil market is divided into electrodeposited copper foil and rolled copper foil. Among these, the rolled copper foil segment is anticipated to hold the greatest share of the global copper foil market during the projected timeframe. The growth can be attributed to the Rolled copper foil commonly used in PCBs, batteries, and EMI shielding materials.
The printed circuit boards segment is anticipated to hold the greatest share of the global copper foil market during the projected timeframe.
On the basis of application, the global copper foil market is divided into printed circuit boards, batteries, electromagnetic shielding, and others. Among these, the printed circuit boards segment is anticipated to hold the greatest share of the global copper foil market during the projected timeframe. The segmental growth can be attributed to the Printed circuit boards are crucial components of electronics in a wide range of businesses. Circuit boards are used in almost every electrical product that is developed.
The standard thickness segment is predicted to hold the greatest share of the global copper foil market during the estimated period.
On the basis of thickness, the global copper foil market is divided into standard thickness and other thickness. Among these, the standard thickness segment is predicted to hold the greatest share of the global copper foil market during the estimated period. The growth can be attributed to the standard thickness it is commonly utilized in the production of printed circuit boards (PCBs) as a conductive layer.
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Leading players of the global copper foil market analyzed in the report include Carl Schlenk AG, Furukawa Electric Co. Ltd., Doosan Group, Mitsui Mining & Smelting Co. Ltd., JXTG Holdings Inc., SKC, Rogers Corporation, Targray Technology International Inc., Sumitomo Metal Mining Co. Ltd., and UACJ Corporation.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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Allied Market Research
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