Electrodeposited Copper Foils Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region:

Description

The global electrodeposited copper foils market is poised for significant growth, with an estimated value of US$ 9.62 billion in 2024. Sales of electrodeposited copper foils are expected to witness a steady growth reaching a valuation of US$ 20 billion by 2031. This growth is primarily driven by increasing demand from various end-use industries and the surge in electric vehicle production.

Meeting the Demand for Electric Vehicles

Electric vehicles (EVs) are a major consumer of electrodeposited copper foils, as the batteries powering these vehicles utilize this material. Despite a setback in 2020 due to the COVID-19 crisis, the electric vehicle industry is anticipated to experience substantial growth in the coming years. Approximately 80% of the world's electric vehicles are found in countries such as China, the United States, the Netherlands, Norway, and Japan. The expansion of the electric and hybrid vehicle market is expected to be a key driver for the electrodeposited copper foils market.

Boost from PCB Production

The production of printed circuit boards (PCBs), including flexible, rigid, and multilayer types, has been on the rise due to increased demand for consumer electronic products, smartphones, and communication equipment worldwide. PCBs are essential components in electronic devices, and the growth in their production has positively impacted the demand for electrodeposited copper foils.

Trends in Electrodeposited Copper Foils

Thin electrodeposited copper foils are essential in lithium-ion batteries used in mobile phones and electric vehicles. The thickness of these foils directly affects the battery's capacity and weight. Thinner foils reduce both weight and battery thickness while enhancing energy storage capacity. Major producers are working on ultrathin electrodeposited copper foils to improve battery efficiency and reduce energy consumption in foil production.

Opportunities in the Market

Several factors are driving the global electrodeposited copper foils market, including increased demand for consumer electronics, 5G technology, and hybrid electric cars. Printed circuit boards are the primary application area for electrodeposited copper foils, with electric vehicles contributing significantly to this demand.

The Role of Asia Pacific

Asia Pacific, including Japan, plays a pivotal role in the global electrodeposited copper foil market. The expansion of industries such as automotive and electronics, coupled with rising per capita income, has fueled market growth in this region.

Japan's Contribution

Japan's electronics and automotive sectors are key drivers of demand for electrodeposited copper foils. Lithium-ion batteries, printed circuit boards, and other electronic components rely on these foils. Major Japanese players are collaborating with local firms to expand their presence and meet the growing demand for electrodeposited copper foils.

Competitive Landscape

Companies in the electrodeposited copper foils market are engaged in various strategic activities, including partnerships, capacity expansion, new product development, acquisitions, and the establishment of new entities. Market leaders are also focused on acquiring competitors to expand their customer base.

Key Companies in the Electrodeposited Copper Foils Market

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.
Chang Chun Group
Co-Tech Development Corp.
ILJIN MATERIALS CO, LTD.
Circuit Foil
Suzhou Fukuda Metal Co., Ltd.
LingBao Wason Copper Foil Co., Ltd.
Targray Technology International, Inc.
Shandong Jinbao Electronics Co., Ltd.
Solus Advanced Materials
SKC Ltd

Electrodeposited copper Foils Market Segmentation

By Thickness:

<20 μm
20-50 μm
>50 μm

By Application:

Printed Circuit Boards
EMI Shielding
Batteries
Switchgear
Others

By Region:

North America
Latin America
Europe
East Asia
South Asia & Pacific
Middle East & Africa

1. Executive Summary

1.1. Global Electrodeposited Copper Foils Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Global Electrodeposited Copper Foils Market Outlook, 2018 - 2031

3.1. Global Electrodeposited Copper Foils Market Outlook, by Thickness, Value (US$ Bn), 2018 - 2031
- 3.1.1. Key Highlights
  - 3.1.1.1. <20 μm
  - 3.1.1.2. 20-50 μm
  - 3.1.1.3. >50 μm
3.2. Global Electrodeposited Copper Foils Market Outlook, by Applications, Value (US$ Bn), 2018 - 2031
- 3.2.1. Key Highlights
  - 3.2.1.1. Printed Circuit Boards
  - 3.2.1.2. EMI Shielding
  - 3.2.1.3. Batteries
  - 3.2.1.4. Switchgear
  - 3.2.1.5. Others
3.3. Global Electrodeposited Copper Foils Market Outlook, by Region, Value (US$ Bn), 2018 - 2031
- 3.3.1. Key Highlights
  - 3.3.1.1. North America
  - 3.3.1.2. Europe
  - 3.3.1.3. Asia Pacific
  - 3.3.1.4. Latin America
  - 3.3.1.5. Middle East & Africa

4. North America Electrodeposited Copper Foils Market Outlook, 2018 - 2031

4.1. North America Electrodeposited Copper Foils Market Outlook, by Thickness, Value (US$ Bn), 2018 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. <20 μm
  - 4.1.1.2. 20-50 μm
  - 4.1.1.3. >50 μm
4.2. North America Electrodeposited Copper Foils Market Outlook, by Applications, Value (US$ Bn), 2018 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Printed Circuit Boards
  - 4.2.1.2. EMI Shielding
  - 4.2.1.3. Batteries
  - 4.2.1.4. Switchgear
  - 4.2.1.5. Others
- 4.2.2. BPS Analysis/Market Attractiveness Analysis
4.3. North America Electrodeposited Copper Foils Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. U.S. Electrodeposited Copper Foils Market by Thickness, Value (US$ Bn), 2018 - 2031
  - 4.3.1.2. U.S. Electrodeposited Copper Foils Market by Applications, Value (US$ Bn), 2018 - 2031
  - 4.3.1.3. Canada Electrodeposited Copper Foils Market by Thickness, Value (US$ Bn), 2018 - 2031
  - 4.3.1.4. Canada Electrodeposited Copper Foils Market by Applications, Value (US$ Bn), 2018 - 2031
- 4.3.2. BPS Analysis/Market Attractiveness Analysis

5. Europe Electrodeposited Copper Foils Market Outlook, 2018 - 2031

5.1. Europe Electrodeposited Copper Foils Market Outlook, by Thickness, Value (US$ Bn), 2018 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. <20 μm
  - 5.1.1.2. 20-50 μm
  - 5.1.1.3. >50 μm
5.2. Europe Electrodeposited Copper Foils Market Outlook, by Applications, Value (US$ Bn), 2018 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Printed Circuit Boards
  - 5.2.1.2. EMI Shielding
  - 5.2.1.3. Batteries
  - 5.2.1.4. Switchgear
  - 5.2.1.5. Others
- 5.2.2. BPS Analysis/Market Attractiveness Analysis
5.3. Europe Electrodeposited Copper Foils Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Germany Electrodeposited Copper Foils Market by Thickness, Value (US$ Bn), 2018 - 2031
  - 5.3.1.2. Germany Electrodeposited Copper Foils Market by Applications, Value (US$ Bn), 2018 - 2031
  - 5.3.1.3. U.K. Electrodeposited Copper Foils Market by Thickness, Value (US$ Bn), 2018 - 2031
  - 5.3.1.4. U.K. Electrodeposited Copper Foils Market by Applications, Value (US$ Bn), 2018 - 2031
  - 5.3.1.5. France Electrodeposited Copper Foils Market by Thickness, Value (US$ Bn), 2018 - 2031
  - 5.3.1.6. France Electrodeposited Copper Foils Market by Applications, Value (US$ Bn), 2018 - 2031
  - 5.3.1.7. Italy Electrodeposited Copper Foils Market by Thickness, Value (US$ Bn), 2018 - 2031
  - 5.3.1.8. Italy Electrodeposited Copper Foils Market by Applications, Value (US$ Bn), 2018 - 2031
  - 5.3.1.9. Turkey Electrodeposited Copper Foils Market by Thickness, Value (US$ Bn), 2018 - 2031
  - 5.3.1.10. Turkey Electrodeposited Copper Foils Market by Applications, Value (US$ Bn), 2018 - 2031
  - 5.3.1.11. Russia Electrodeposited Copper Foils Market by Thickness, Value (US$ Bn), 2018 - 2031
  - 5.3.1.12. Russia Electrodeposited Copper Foils Market by Applications, Value (US$ Bn), 2018 - 2031
  - 5.3.1.13. Rest of Europe Electrodeposited Copper Foils Market by Thickness, Value (US$ Bn), 2018 - 2031
  - 5.3.1.14. Rest of Europe Electrodeposited Copper Foils Market by Applications, Value (US$ Bn), 2018 - 2031
- 5.3.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Electrodeposited Copper Foils Market Outlook, 2018 - 2031

6.1. Asia Pacific Electrodeposited Copper Foils Market Outlook, by Thickness, Value (US$ Bn), 2018 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. <20 μm
  - 6.1.1.2. 20-50 μm
  - 6.1.1.3. >50 μm
6.2. Asia Pacific Electrodeposited Copper Foils Market Outlook, by Applications, Value (US$ Bn), 2018 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Printed Circuit Boards
  - 6.2.1.2. EMI Shielding
  - 6.2.1.3. Batteries
  - 6.2.1.4. Switchgear
  - 6.2.1.5. Others
- 6.2.2. Others BPS Analysis/Market Attractiveness Analysis
6.3. Asia Pacific Electrodeposited Copper Foils Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. China Electrodeposited Copper Foils Market by Thickness, Value (US$ Bn), 2018 - 2031
  - 6.3.1.2. China Electrodeposited Copper Foils Market by Applications, Value (US$ Bn), 2018 - 2031
  - 6.3.1.3. Japan Electrodeposited Copper Foils Market by Thickness, Value (US$ Bn), 2018 - 2031
  - 6.3.1.4. Japan Electrodeposited Copper Foils Market by Applications, Value (US$ Bn), 2018 - 2031
  - 6.3.1.5. South Korea Electrodeposited Copper Foils Market by Thickness, Value (US$ Bn), 2018 - 2031
  - 6.3.1.6. South Korea Electrodeposited Copper Foils Market by Applications, Value (US$ Bn), 2018 - 2031
  - 6.3.1.7. India Electrodeposited Copper Foils Market by Thickness, Value (US$ Bn), 2018 - 2031
  - 6.3.1.8. India Electrodeposited Copper Foils Market by Applications, Value (US$ Bn), 2018 - 2031
  - 6.3.1.9. Southeast Asia Electrodeposited Copper Foils Market by Thickness, Value (US$ Bn), 2018 - 2031
  - 6.3.1.10. Southeast Asia Electrodeposited Copper Foils Market by Applications, Value (US$ Bn), 2018 - 2031
  - 6.3.1.11. Rest of Asia Pacific Electrodeposited Copper Foils Market by Thickness, Value (US$ Bn), 2018 - 2031
  - 6.3.1.12. Rest of Asia Pacific Electrodeposited Copper Foils Market by Applications, Value (US$ Bn), 2018 - 2031
- 6.3.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America Electrodeposited Copper Foils Market Outlook, 2018 - 2031

7.1. Latin America Electrodeposited Copper Foils Market Outlook, by Thickness, Value (US$ Bn), 2018 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. <20 μm
  - 7.1.1.2. 20-50 μm
  - 7.1.1.3. >50 μm
7.2. Latin America Electrodeposited Copper Foils Market Outlook, by Applications, Value (US$ Bn), 2018 - 2031
- 7.2.1. Key Highlights
  - 7.2.1.1. Printed Circuit Boards
  - 7.2.1.2. EMI Shielding
  - 7.2.1.3. Batteries
  - 7.2.1.4. Switchgear
  - 7.2.1.5. Others
- 7.2.2. BPS Analysis/Market Attractiveness Analysis
7.3. Latin America Electrodeposited Copper Foils Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Brazil Electrodeposited Copper Foils Market by Thickness, Value (US$ Bn), 2018 - 2031
  - 7.3.1.2. Brazil Electrodeposited Copper Foils Market by Applications, Value (US$ Bn), 2018 - 2031
  - 7.3.1.3. Mexico Electrodeposited Copper Foils Market by Thickness, Value (US$ Bn), 2018 - 2031
  - 7.3.1.4. Mexico Electrodeposited Copper Foils Market by Applications, Value (US$ Bn), 2018 - 2031
  - 7.3.1.5. Argentina Electrodeposited Copper Foils Market by Thickness, Value (US$ Bn), 2018 - 2031
  - 7.3.1.6. Argentina Electrodeposited Copper Foils Market by Applications, Value (US$ Bn), 2018 - 2031
  - 7.3.1.7. Rest of Latin America Electrodeposited Copper Foils Market by Thickness, Value (US$ Bn), 2018 - 2031
  - 7.3.1.8. Rest of Latin America Electrodeposited Copper Foils Market by Applications, Value (US$ Bn), 2018 - 2031
- 7.3.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa Electrodeposited Copper Foils Market Outlook, 2018 - 2031

8.1. Middle East & Africa Electrodeposited Copper Foils Market Outlook, by Thickness, Value (US$ Bn), 2018 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. <20 μm
  - 8.1.1.2. 20-50 μm
  - 8.1.1.3. >50 μm
8.2. Middle East & Africa Electrodeposited Copper Foils Market Outlook, by Applications, Value (US$ Bn), 2018 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Printed Circuit Boards
  - 8.2.1.2. EMI Shielding
  - 8.2.1.3. Batteries
  - 8.2.1.4. Switchgear
  - 8.2.1.5. Others
- 8.2.2. BPS Analysis/Market Attractiveness Analysis
8.3. Middle East & Africa Electrodeposited Copper Foils Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. GCC Electrodeposited Copper Foils Market by Thickness, Value (US$ Bn), 2018 - 2031
  - 8.3.1.2. GCC Electrodeposited Copper Foils Market by Applications, Value (US$ Bn), 2018 - 2031
  - 8.3.1.3. South Africa Electrodeposited Copper Foils Market by Thickness, Value (US$ Bn), 2018 - 2031
  - 8.3.1.4. South Africa Electrodeposited Copper Foils Market by Applications, Value (US$ Bn), 2018 - 2031
  - 8.3.1.5. Egypt Electrodeposited Copper Foils Market by Thickness, Value (US$ Bn), 2018 - 2031
  - 8.3.1.6. Egypt Electrodeposited Copper Foils Market by Applications, Value (US$ Bn), 2018 - 2031
  - 8.3.1.7. Nigeria Electrodeposited Copper Foils Market by Thickness, Value (US$ Bn), 2018 - 2031
  - 8.3.1.8. Nigeria Electrodeposited Copper Foils Market by Applications, Value (US$ Bn), 2018 - 2031
  - 8.3.1.9. Rest of Middle East & Africa Electrodeposited Copper Foils Market by Thickness, Value (US$ Bn), 2018 - 2031
  - 8.3.1.10. Rest of Middle East & Africa Electrodeposited Copper Foils Market by Applications, Value (US$ Bn), 2018 - 2031
- 8.3.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

9.1. Manufacturer vs by Applications Heatmap
9.2. Company Market Share Analysis, 2023
9.3. Competitive Dashboard
9.4. Company Profiles
- 9.4.1. Mitsubishi Mining & Smelting Co.
  - 9.4.1.1. Company Overview
  - 9.4.1.2. Product Portfolio
  - 9.4.1.3. Financial Overview
  - 9.4.1.4. Business Strategies and Development
- 9.4.2. JX Nippon Mining & Metals Corporation
- 9.4.3. Jiangxi Copper Corporation
- 9.4.4. Furukawa Electric Co., Ltd
- 9.4.5. Nan Ya Plastics Corp.
- 9.4.6. Arcotech Ltd.
- 9.4.7. Kingboard Copper Foil Holdings Ltd
- 9.4.8. Guangdong Chaohua Technology Co., Ltd.
- 9.4.9. Chang Chun Group
- 9.4.10. Co-Tech Development Corp.
- 9.4.11. ILJIN MATERIALS CO, LTD.
- 9.4.12. Circuit Foil
- 9.4.13. Suzhou Fukuda Metal Co., Ltd.
- 9.4.14. LingBao Wason Copper Foil Co., Ltd.
- 9.4.15. Targray Technology International, Inc.
- 9.4.16. Shandong Jinbao Electronics Co., Ltd.
- 9.4.17. Solus Advanced Materials
- 9.4.18. SKC Ltd

10. Appendix

10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations