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Copper Foil Market Size to Reach $21.8 Billion by 2027 | CAGR: 7.2%: AMR

Portland, OR, Jan 13, 2021 (GLOBE NEWSWIRE via COMTEX) --

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.

Expanding electronics industry, surge in sales of smartphones, and rise in adoption of e-mobility propel the growth of the global copper foil market. However, availability of alternative metal foils restrains the market growth. On the other hand, development of novel products creates new opportunities in the next few years.

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Covid-19 Scenario:

-- The lockdown caused disruption in copper mining activities. In addition, it resulted in a shortage of raw materials for copper foil manufacturing.

-- Chile is the world's highest exporter of metals. However, considerable increase in the number of coronavirus cases among mine workers stopped production and export activities.

-- During the post-pandemic period, the demand for copper foil is expected to surge as the demand for electronic gadgets, smartphones, and electric vehicles increase.

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.

Get Detailed COVID-19 Impact Analysis on the Copper Foil Market:

By application, the printed circuit boards segment accounted for the highest market share in 2019, holding nearly two-thirds of the global copper foil market, and is projected to maintain its leadership status during the forecast period. However, the batteries segment is expected to manifest the fastest CAGR of 9.0% from 2020 to 2027.

By region, Asia-Pacific contributed to the highest share in 2019, accounting for nearly half of the global market, and will continue its dominant share in terms of revenue by 2027. In addition, this region is expected to witness the largest CAGR of 7.7% during the forecast period. The report also analyzes regions including North America, Europe, and LAMEA.

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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About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR 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.

AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.

<img class="__GNW8366DE3E__IMG" src="" referrerpolicy="no-referrer-when-downgrade" width="1" height="1" style="display:none;" /><pre>Contact: David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States Toll Free: 1-800-792-5285 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1-855-550-5975 Web:</pre>

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975

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