Copper Foil Market is predicted to reach USD 11.54 billion at a CAGR of 7.91% during the forecast period

Market Research Future (MRFR) has published a cooked research report on the “Global Copper Foil Market” that contains information from 2023 to 2030. The Global Copper Foil Market is estimated to register a CAGR of 7.91% during the forecast period of 2023 to 2030.

MRFR recognizes the following companies as the key players in the Global Copper Foil Market— Amari Copper Alloy Ltd, Circuit Foil, Ecotech Ltd, Furukawa Electric Co. Ltd, Solus Advanced Materials, Doosan Corporation, Luminaries Matthey, Rogers Corporation, and Carl Schlenk.

Market Highlights

The Global Copper Foil Market is accounted to register a CAGR of 7.91% during the forecast period and is estimated to reach USD 11.54 Billion by 2030.

The Global Copper Foil Market refers to the worldwide industry involved in the production, distribution, and consumption of copper foil. Copper foil is a thin sheet of copper metal that is widely used for various applications due to its excellent electrical conductivity, thermal conductivity, and corrosion resistance properties.

The growth of electric and hybrid vehicles requires substantial amounts of copper foil for various components, including power electronics and battery systems. The market's growth is influenced by technological advancements, research and development activities, shifts in consumer preferences, environmental regulations, and fluctuations in copper prices.

Segment Analysis

The Global Copper Foil Market has been segmented based on type and application.

On the basis of type, the market is segmented into Electrodeposited Copper Foil and Rolled Copper Foil. The Rolled Copper Foil segment may dominate the market. Due to the numerous advantages, it offers over other segments. Some of these advantages include its superior conductivity, flexibility, and durability. 

Based on application, the market has been segmented into Electrical & Electronics, Building & Construction, Industrial Equipment and Automotive Battery. The automotive battery foil segment is expected to dominate the market during the forecast period. The rising demand for electric vehicles is expected to drive the demand for automotive battery foil.

Regional Analysis

The Global Copper Foil Market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global Copper Foil Market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Copper Foil Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Global Copper Foil Market comprises of Middle East, Africa, and Latin America.

North America is another key region in the copper foil market, driven by the presence of advanced electronics industries, automotive manufacturers, and aerospace companies. The growing demand for electric vehicles and renewable energy technologies also boosted the market for copper foil in this region.

Europe has a well-established electronics sector, contributing to the demand for copper foil in various applications. The automotive industry's shift towards electric vehicles and the continent's focus on sustainable energy solutions also contribute to copper foil consumption.

Asia-Pacific is a significant player in the copper foil market due to its dominance in electronics manufacturing. The region's strong presence in consumer electronics, automotive electronics, and emerging technologies like 5G contributed to high demand for copper foil.

Furthermore, the rest of the world's Global Copper Foil Market is divided into the Middle East, Africa, and Latin America. Latin America's copper foil market is influenced by the region's industrial and economic growth. Countries like Brazil and Mexico are key contributors to the market due to their electronics manufacturing and automotive industries.

Key Findings of the Study

• The Global Copper Foil Market is expected to reach USD 11.54 Billion by 2030, at a CAGR of 7.91% during the forecast period.


• Asia-Pacific is a significant player in the copper foil market due to its dominance in electronics manufacturing. The region's strong presence in consumer electronics, automotive electronics, and emerging technologies like 5G contributed to high demand for copper foil.


• Based on application, the market has been segmented into Industrial Equipment and Automotive Battery holding the largest market in 2022.


• Amari Copper Alloy Ltd, Circuit Foil, Ecotech Ltd, Furukawa Electric Co. Ltd, Solus Advanced Materials, Doosan Corporation, Luminaries Matthey, Rogers Corporation, and Carl Schlenk.

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