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

PORTLAND, OR, UNITED STATES, November 26, 2024 /EINPresswire.com/ -- 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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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.

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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. Allied Market Research 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.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Allied Market Research
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