High-end Copper Foil - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)
Market Report I 2025-04-28 I 100 Pages I Mordor Intelligence
The High-end Copper Foil Market is expected to register a CAGR of greater than 6% during the forecast period.
Key Highlights
- Circuit board applications dominate the market and are expected to grow at a moderate rate during the forecast period, owing to the increasing demand for consumer gadgets like smartphones, PCs, tablets, and other medical electronics products.
- Copper foils in transformer and grid-level energy storage are likely an opportunity.
- The development of single-crystal graphene sheets as a substitute for copper foil is expected to hinder the market's growth.
- Asia-Pacific dominated the market across the world, with the most significant consumption from countries such as China and India.
High-End Copper Foil Market Trends
Increasing Demand for Circuit Boards
- Most of the electronics products manufactured contain printed circuit boards (PCBs). High-quality PCB manufacturing technology allowed electronics product manufacturers to produce smaller, more complex products. It is the key to today's dynamic and rapidly progressing electronic innovations.
- The substrate used to manufacture printed circuit boards is fiberglass-reinforced epoxy laminate. Epoxy resin includes a copper foil bonded to one or both sides.
- Two main types of copper foil are used in PCBs: electrodeposited and rolled copper foil. Both these types have many possible variations, with the most choices available for ED copper. Copper foil characteristics are essential for high-frequency circuits.
- Rolled copper foil is used extensively for flexible circuit boards where a smooth surface is preferred. Electrodeposited copper foils are used in rigid, flexible circuits.
- The demand for consumer gadgets, such as smartphones, PCs, tablets, and other medical electronics products, is rapidly increasing globally, with India and China expected to remain at the top of market growth. As printed circuit boards are deployed in almost all electronics products, it will likely drive the demand for high-quality copper foil in the coming years.
- There are 2687 PCB plants worldwide, with China having 55%. Since 2020, the prices of all PCB materials, including copper-clad laminates, have been growing, while PCB prices have increased less sharply. It made the PCB sector in China increasingly unprofitable. The low-profit PCB sector may benefit from power cutbacks by reducing the surplus capacity.
- Over 51% of the PCBs are manufactured in China, owing to the offering of huge incentives by the government to the PCB factories. China is also producing these circuit boards at a meager cost. As a result, many companies across the world are closing their operations.
- The United Kingdom used to have over 300 PCB factories over the last decade, but it is now reduced to less than 35. South Africa is also experiencing the same effects due to increased raw materials and labor costs.
- According to IPC, PCB shipments from North America increased by 26.1% while comparing November 2022 to the same month in the previous year. Shipments in November increased by 13.1% over the last month.
- All the above factors are expected to drive the market for high-end copper in the coming years.
Asia-Pacific Region to Dominate the Market
- The Asia-Pacific region dominated the global market share due to the increasing production activities in countries, including China and India.
- More than 50% of PCBs are manufactured in China, owing to the huge incentives offered by the government to PCB factories.
- According to the India Energy Storage Alliance (IESA), the Indian EV market would grow at a CAGR of 36%. According to the Ministry of Heavy Industries, 0.52 million EVs have been registered in India during the previous three years. EVs had strong growth in 2021, aided by the government's adoption of beneficial laws and initiatives.
- For encouraging e-2W use, the demand incentive raised under the FAME-II scheme from INR 10,000/KWh (USD 122.60/KWh) to INR 15,000/KWh (183.90/KWh), with a cap rise from 20% to almost 40% of vehicle cost. Additionally, the FAME-India Scheme's Phase II was extended for an additional two years beginning on March 31, 2022. It would, in turn, promote the growth of the studied market during the forecast period.
- Currently, 35% of India's PCB need is met by domestic production while being dependent on imports for the remaining 65%. India presently produces both populated and bare PCBs. The current market size for the latter is around US$ 1.2 billion, with 30% of that market's production occurring in India.
- The PCB manufacturers in South Korea have advanced technical skills, which will likely benefit the high-end copper foil market. These manufacturers have won orders for PCB from Apple. TAESUNG is the leading company dealing with PCB for Apple manufacturing.
- According to KPCA (Korean Printed Circuits Association), South Korea occupies 13% of the PCB market, which is the second largest in the world behind China (49%), followed by Taiwan (12%) and Japan (8%).
- The factors above, coupled with government support, contribute to the increasing demand for high-end copper foil consumption in the region during the forecast period.
High-End Copper Foil Industry Overview
The high-end copper foil market is partially consolidated, with the top five players accounting for a considerable chunk of the market. The major companies include (not in any particular order) Mitsui Mining & Smelting Co. Ltd, Furukawa Electric Co. Ltd, Sumitomo Metal Mining Co. Ltd, Doosan Corporation, and Wieland Group, among others.
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
1 INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Drivers
4.1.1 Growing Application as a Printed Circuit Board (PCB) Material
4.1.2 Increasing Demand for Lithium Ion Batteries From Transportation and Energy Storage Sector
4.2 Restraints
4.2.1 Development of Single Crystal Graphene Sheet as a Substitute for Copper Foil
4.3 Industry Value Chain Analysis
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5 MARKET SEGMENTATION (Market Size in Value)
5.1 Type
5.1.1 Rolled Copper Foil
5.1.2 Electrodeposited (ED) Copper Foil
5.2 Application
5.2.1 Circuit Boards
5.2.2 Batteries
5.2.3 Solar and Alternative Energy
5.2.4 Appliances
5.2.5 Medical
5.2.6 Other Applications
5.3 Geography
5.3.1 Asia-Pacific
5.3.1.1 China
5.3.1.2 India
5.3.1.3 Japan
5.3.1.4 South Korea
5.3.1.5 Australia & New Zealand
5.3.1.6 Rest of Asia-Pacific
5.3.2 North America
5.3.2.1 United States
5.3.2.2 Canada
5.3.2.3 Mexico
5.3.3 Europe
5.3.3.1 Germany
5.3.3.2 United Kingdom
5.3.3.3 Italy
5.3.3.4 France
5.3.3.5 Russia
5.3.3.6 Rest of Europe
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Middle-East and Africa
5.3.5.1 Saudi Arabia
5.3.5.2 South Africa
5.3.5.3 Rest of Middle-East and Africa
6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Ranking Analysis
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 Chang Chun Petrochemical Co. Ltd
6.4.2 Civen Metal Material(Shanghai) Co. Ltd
6.4.3 Doosan Corporation
6.4.4 Fukuda Metal Foil & Powder Co. Ltd
6.4.5 JX Nippon Mining & Metals Corporation
6.4.6 Mitsui Mining & Smelting Co. Ltd
6.4.7 Solus Advanced Materials
6.4.8 Sumitomo Metal Mining Co. Ltd
6.4.9 SH Copper Products Co. Ltd
6.4.10 The Furukawa Electric Co. Ltd
6.4.11 Targray Technology International Inc.
6.4.12 UACJ Foil Corporation
6.4.13 Wieland Group
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Copper Foils In Transformer and Grid-level Energy Storage
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.