Global Copper Foil Market by Type (Electrodeposited Copper (ED), Rolled-Annealed (RA) Copper); by End-use (Automotive, Construction, Industrial, Electrical & Electronics, Others); and by Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa); - Global Forecasts 2021 to 2027

Date: Oct 2021 Report Id: 124 Category: Bulk Chemicals Report Format: pdf-img excel-img ppt-img word-img

The Global Copper Foil Market was valued at USD 5.2 Bn in 2020 and is expected to reach USD 10.8 Bn by 2027, with a growing CAGR of 11% during the forecast period.

The Global Copper Foil Market Definition

Copper foil is a thin layer of copper utilized with adhesive. It is found in most gardening electric & hardware stores. Copper foil is utilized in a variety of applications, including stained glass, EMI/RFI shielding, and arts and crafts. The foil tape is widely used in motors, labels, batteries, and electronics. Copper foil tape from all foils is available in conductive and non-conductive adhesives in a variety of gauges/thicknesses. These copper foils are available with inner diameters of up to 20" on fibre, aluminium, steel, and plastic cores.

Copper Foil Market

The Global Copper Foil Market Dynamics

Increasing demand for copper from the electrical & electronics industry is anticipated to foster the copper foil market growth during the forecast period. As the copper foil in smartphones is used to achieve magnetic shielding, increasing demand for smartphones is expected to foster the market growth over the forecast period. For instance, global mobile sales in 2020 reached 1.37 billion despite the Covid-19 pandemic effect. Additionally, the increase in sales of laptops, desktops is anticipated to increase the demand for copper foils during the forecast period. For instance, in the fourth quarter of 2020, worldwide PC shipments was around 79.4 million units. Also, stricter rules for small and medium-sized PCB makers, on the other hand, are expected to hinder the copper foil demand in the near future. The laws impose specific criteria on many  industrial uses, except for aeronautical and military applications. Moreover, copper foils are utilized in transformers, circuit boards & PCB’s in 2020, The US Sales of power and distribution transformers accounted for USD 4.8 Billion.

The Global Copper Foil Market Segmentation:

By Type

  • Electrodeposited copper (ED)
  • Rolled-Annealed (RA) copper

By End-use

  • Automotive
  • Construction
  • Industrial
  • Electrical & Electronics
  • Others

By Region

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

The unique insights provided by this report also include the following:

  • In-Depth Value Chain Analysis
  • Market Opportunity Mapping
  • Sector Snapshot
  • Key Players Positioning Matrix
  • Regulatory Scenario
  • Strategies Adopted-Benchmarking Heat Map
  • Market Trends
  • Covid-19 Impact Analysis
  • Product Comparison
  • Pre & Post Covid 19 Impact On Copper Foil Market
  • Competitive Landscape

Based on type, the electrodeposited copper segment accounted for the largest market share in 2020 owing to its use in printed circuit boards

Based on type, the market has been segmented into electrodeposited copper & rolled-Annealed (RA) copper. Batteries, switchgear, printed circuit boards, EMI shielding are some of the devices where electrodeposited copper foils are used. They are primarily utilized in the production of Printed Circuit Boards (PCB), lithium-ion batteries, which are extensively used in household appliances, communication, computing. With the advancement of 5G technology and the lithium battery sector, Innovative criteria for copper foil have emerged in recent years. For instance, Circuitfoil an organization based in Luxembourg provides high-quality electrodeposited copper foils for the electronics industry. The current development path of copper foil technology is dominated by Ultra Low Profile (ULP) copper foil for 5G and ultra-thin copper foil for lithium batteries.

Based on regions, the market for copper foil in Asia-Pacific accounted for the largest share in 2020 owing to increasing demand for consumer electronics

Geographically, the Asia-Pacific market is estimated to dominate the market in the forecast period due to increasing urbanization and growing demand for electronic items are expected to boost copper foil market sales in the region. For instance, In 2019, China topped both as importer & exporter of copper foils in the world. In 2019 the top importers of Copper Foil were China ($2.44B), South Korea ($812M), Chinese Taipei ($529M), Hong Kong ($372M), and Japan ($303M). This region is densely populated with high number of millennials. This factor is poised to increase the demand for smartphones & laptops which in turn is anticipated to increase the demand for copper foils. The reduction of components and the focus of manufacturers on accelerating the manufacturing process through the production of thin foils can aid Asia-Pacific’s regional growth.

The report also provides an in-depth analysis of copper foil market dynamics such as drivers, restraints opportunities and challenges


  • Growing demand for consumer electronics
  • Increase in demand for copper wires from the energy sector
  • Rise in demand for copper from the construction industry


  • High capital costs
  • Presence of substitute materials


  • Governmental support for EV adoption

Note: Challenges along with in-depth market dynamics analysis is mentioned in the report.

COVID-19 Impact On The Copper Foil Market Analysis

The outbreak of novel coronavirus has majorly affected the market. As the COVID-19 outbreak has forced people to shift from actual interactions to connect over virtual platforms. There have also been reports of scrap supply chain interruption. As a result of this trend, scrap imports have reduced in several nations. As better quality of scrap is preferred by end-users, the overall volume of copper  scrap sales are steady over the last two years. China's copper consumption and main sources are expected to have a positive impact on the global copper foil market advancement.

The report also provides in-depth analysis of key trends in copper foil market

  • The introduction of microchips in smartphones is anticipated to increase the demand for copper foils used in PCB’S
  • Governmental norms supporting the electric vehicle adoption

The report also provides in-depth analysis of recent news developments and investments

  • In July 2021, Jiangxi Copper Co, one of China's biggest copper manufacturers, announced it would invest yuan USD1.76 billion i.e 11.4 billion to manufacture 100,000 tonnes of copper foil for lithium batteries per year
  • In December 2020, South Korea's Iljin Materials announced to construct a 3.8-billion-forint copper foil factory in Godollo, on the borders of Seoul, to provide Samsung SDI's mounting local manufacture capacity for electric vehicle batteries. With a grant of 722-million francs, the administration is expected to achieve a yearly production of around 10,000 tonnes.

Company Profiles and Competitive Intelligence

The key players operating in the copper foil market are:

  • Furukawa Electric Co., Ltd.
  • SKC
  • Dusan Group
  • Chang Chun Group
  • Circuit Foil
  • LS Mtron
  • Iljin materials co, Ltd.
  • Nippon Denkai, Ltd.
  • Amari Copper Alloy Ltd.
  • Global Brass and Copper Holdings Ltd.
  • Arcotech Ltd.
  • Civen Metal Material Co., Ltd.
  • JX Nippon Mining & Metals Corporation
  • Rogers Corporation
  • Mitsui Mining & Smelting Co.
  • Lamineries Matthey
  • Schlenk AG
  • Krishna Copper Private Limited
  • Circuit Foil Luxembourg
  • All Metal Sales, Inc.
  • MBK Tape Solutions
  • A-1 Alloys
  • Can-Do National Tape, Inc
  • Arnold Magnetic Technologies
  • PECTEC Corporation
  • ACI Alloys

Frequently Asked Questions (FAQs)

The Global Copper Foil Market was valued at USD 5.2 Bn in 2020 and is anticipated to reach USD 10.8 Bn by 2027.
The Copper foil market is estimated to grow at a compound annual growth rate (CAGR) of 11% during the forecast period.
In the base year 2020, North America was accounted for the largest market share in the Copper foil market.
A few key players include, but are not limited to Furukawa Electric Co., Ltd.SKC, Dusan Group, Chang Chun Group, Circuit Foil, LS Mtron, Iljin materials co, Ltd., Nippon Denkai, Ltd., Amari Copper Alloy Ltd., Global Brass, and Copper Holdings Ltd., Arcotech Ltd., Civen Metal Material Co., Ltd., JX Nippon Mining & Metals Corporation, Rogers Corporation, Mitsui Mining & Smelting Co., Lamineries Matthey
Yes, the report contains a detailed COVID-19 analysis for the copper foil market.
Author Credentials

Priyanka has been writing chemicals & material market research reports for the last 12 years. A post-graduate, her specialization is in the chemicals sector. Preparing end-to-end reports covering minute details for market insights, competitive intelligence and trend analysis in the CMFE sector.

  1. Market Introduction
    1. Definition
    2. Scope Of The Study
    3. List Of Assumptions
    4. Market Structure
    5. Scope of the Study: Segmentation 
    6. Timeframe, Currency and Limitations
  2. Research Methodology
    1. 3P Research Approach
    2. Market Sizing Approach
    3. Data Sources
    4. Primary Research Coverage
  3. Executive Summary
    1. Market Summary
    2. Market Snapshot
    3. Regional Snapshot
    4. Country Snapshot
  4. Premium Insights
    1. Key Trend Analysis
    2. New revenue Pockets
    3. Pain Point Analysis
    4. Company Market Share Analysis, by Region
    5. Strategies Adopted-Benchmarking Heat Map
    6. Regulatory Landscape
    7. PESTEL Analysis
    8. Regional Lifecycle
    9. Competitive Benchmarking
  5. Market Overview & Competitive Landscape
    1. Competitive Landscape
    2. Investment Scenario by key Players
    3. Key Player Overview
    4. Product comparison
    5. Player Wise Geographic Presence
    6. Player Wise Target Customer Segment
    7. Recent News
      1. Product Launches & upgrades
      2. R&D / Innovation
      3. Merger & Acquisition
      4. JV & Partnership
      5. Recognition and others
  6. Market Segmentation (Market Size and Share Analysis)
    1. Global Market Size & Historic Growth
    2. Market Size by Type
      1. Electrodeposited copper (ED)
      2. Rolled-Annealed (RA) copper
    3. Market Size by End-use
      1. Automotive
      2. Construction
      3. Industrial
      4. Electrical & Electronics
      5. Others
  7. Market Dynamics
    1. Market Drivers
    2. Opportunities
    3. Value Chain Analysis
    4. Pricing Analysis
  8. COVID – 19 Opportunity Mapping
    1. Key Drivers & Anticipated Revival Period
    2. Key Trends Analysis
    3. Impact on End user Industry
    4. Opportunity Analysis
  9. Regional Market Analysis
    1. North America
      1. US
      2. Canada
    2. Europe
      1. UK
      2. Germany
      3. France
      4. Italy
      5. Spain
      6. Rest of Europe
    3. APAC
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of APAC
    4. Latin America
      1. Mexico
      2. Brazil
      3. Argentina
      4. Rest of LATAM
    5. Middle East & Africa
      1. GCC
      2. Rest of MEA
  10. Company Profiles
    1.  Furukawa Electric Co., Ltd.
      1. Company Fundamentals
      2. Financial Analysis (Subject to Availability)
      3. Product Portfolio
      4. SWOT Analysis
    2. SKC
    3. Dusan Group
    4. Chang Chun Group
    5. Circuit Foil
    6. LS Mtron
    7. Iljin materials co, Ltd.
    8. Nippon Denkai, Ltd.
    9. Amari Copper Alloy Ltd.
    10. Global Brass and Copper Holdings Ltd.
    11. Arcotech Ltd.
    12. Civen Metal Material Co., Ltd.
    13. JX Nippon Mining & Metals Corporation
    14. Rogers Corporation
    15. Mitsui Mining & Smelting Co.
    16. Lamineries Matthey

Research Methodology

Choose License

License Type
Ask for Customization

Actionable and high-quality Premium Insights by ResearchCMFE

  • Customer Insights (Customer Expectations & Market Unmet Needs)
  • Market Opportunity Mapping (Market Sizing, Forecast and Trend Analysis)
  • Competitive Intelligence for Key Companies
  • Market Entry Strategy (Raw Material, Feedstock Trends, M&A, Channel Structure, Supply Chain Analysis)
  • Product Mix and Pricing (Pricing Strategy, Average Pricing, New Technologies, Products/Services Comparison)
  • Segmentation Analysis (Value Chain Analysis, Industry Structure)
  • Neural Network Diagram for Depicting Connected Market Ecosystem.
  • Market Attractiveness Framework
  • Demand Supply Scenario
  • Patent Landscape / Innovation Hotspots/ Technology Landscape
  • Impact of Circular Economy or Digital Transformation Trends
  • Region Specific Reports / Country Specific Reports for Specific Topics
  • As Per Customer Need Section Wise Reports
  • Pre and Post-Sales Service and Support
Ask for Customization

Why Choose ResearchCMFE?

  • Monthly market updates for 6 months
  • Online access of reports
  • Options to buy sections of report
  • Critically analysed research on Quadrant Positioning of your company.
  • Syndicated report along with a supplementary report with objective-based study
  • Get profiled in the reports.Expanding your visibility across our network of readers and viewers
  • We provide local market data in local language on request
  • A complementary co-branded white paper
  • Flat consulting fee based exclusive studies. Consult at the price of syndicate
  • Access to expert team for free transaction advisory service.
Speak to Analyst

Choose License

License Type
Ask for Customization