Synopsis of Global Copper and Copper Alloy Foil (<=0.07mm) Market:
Copper and Copper Alloy Foils (<=0.07 mm) are thin sheets of copper and its alloys, which is obtained by two major process viz., electrodeposition and rolled annealing. Among all the copper and copper alloy foils, (<=0.07 mm) copper foils are widely consumed in the major applications covered in the report, owing to its exclusive properties such as conductivity, malleability and flexibility among others. These foils are widely consumed in the electrical and electronics industry in manufacturing of PCB (Printed Circuit Boards). Furthermore, Copper and Copper Alloy Foils find application among several industries, of which electronics & electrical and automotive is the dominant.
Some of the protuberant factors and trends fostering growth of Global Copper and Copper Alloy Foil (<=0.07mm) Market includes, the growth in electrical and electronics sector, surge in automotive production, and the increasing prevalence of electric vehicles among others. Also, the trends such as the demand for copper foil among PCB (printed circuit board) manufacturers, increasing adoption of thin copper and copper alloy foil manufacturing processes is anticipated to offer lucrative opportunities for manufacturers of Copper and Copper Alloy Foils of thickness <=0.07mm. According to MRFR analysis, the global Copper and Copper Alloy Foil (<=0.07mm) Market is estimated to be valued at USD 985.3 million by the end of 2017 and is expected to be valued at USD 1409.0 million by the end of 2023, growing at a CAGR of 6.14%.
Key Players:
The key players profiled in the Global Copper & Copper Alloy Foil (<=0.07mm) Market includes: Amari Copper Alloys, Global Brass and Copper Holdings, Inc., Arcotech Ltd, Civen Metal Material (Shanghai) Co., Ltd, JX Nippon Mining & Metals Corporation, Carl Schlenk AG, and Les Lamineries Matthey SA., among others.
Market Highlights:
Commenting on this report, an analyst from Market Research Future (MRFR)’s team said, “Global Copper & Copper Alloy Foil (<=0.07mm) is estimated to be valued at USD 985.3 million by the end of 2017 and is expected to grow at a CAGR of 6.14% to reach USD 1409.0 million by the end of 2023. The copper alloy foil segment has accounted for the largest share of 49.20% the market in 2016. Copper foils segment is followed by brass foil, bronze foil, copper nickel foil and others. The advantages of copper foils over other copper alloy foils such as, malleability, flexibility and electric conductivity in the end use applications is expected to stimulate the demand for copper foils segment. In terms of volume, copper foil is leading the market in 2016 and is expected to grow at a CAGR of 6.29% during the forecast period in Asia Pacific region. Europe is the second largest consumer of Copper and Copper Alloy Foils Metal Alloy foil followed by North America; the latter regions are expected to grow at CAGRs of 5.16% and 4.90% respectively.
Segment Analysis:
The Global Copper & Copper Alloy Foil (<=0.07mm) Market has been segmented into: Type and Application. On the basis of type, the market has been divided into Copper Foil, Brass Foil, Bronze Foil, Copper Nickel Foil and Others. Based on the application, the market is segmented into Electrical & Electronics, Automotive, Decorative, and Others.
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Copper foils over other Copper Alloy Foils accounts for the largest market share in the global market, owing to its inherent properties such as conductivity, malleability and flexibility among others. The segmental growth of copper and copper alloy foils can be attributed to various factors such as the surge in demand from the electrical and electronics sector coupled with the consumer electronics market growth, surge in automotive production, and increasing prevalence of electric vehicles among others. Furthermore, the trends increasing trade of thin copper alloy foils among PCB (printed circuit board) manufacturers and thin copper alloy foil producers. Thus, the increasing adoption of thin copper and copper alloy foil manufacturing processes in PCB manufacturing will offer lucrative opportunities for manufacturers of copper and copper alloy foils of thickness <=0.07mm adding substantial value to the overall market.
Based on the application of global copper and copper alloy foils of thickness (<=0.07mm) market is segmented into — Electrical & Electronics, Automotive, Decorative, and Others. Electrical & Electronics segment accounts for more than half of the Global Copper and Copper Alloy Foils of thickness (<=0.07mm) in terms of value and volume, which is followed by the Automotive segment.
The electrical & electronics market is one of the major consumer of Copper & Copper Alloy Foil (<=0.07mm), the valuation of electrical & electronics market Is valued at approximately USD 497.3 million in 2016; growing at 6.70% of CAGR during forecast period. Increasing demand for copper and copper alloy foils in the manufacturing of PCBs and Lithium-Ion batteries, coupled with the penetration of portable consumer electronics are some of the substantiating factors attributed to the growth in the electrical and electronics segment. The automotive segment is the second largest consumer of Copper and Copper Alloy Foils, the segment is anticipated to grow at a rate of 5.79% to reach approximately USD 354 Million by the end of 2023, owing to the increasing automotive production in line with the decline in crude oil prices.
Segmentation:
The Global Copper and Copper Alloy Foil (<=0.07mm) Market is segmented on the basis of Types, Application and Region. On the basis of type, copper and copper alloy foil (<=0.07mm) market is segmented into copper foil, brass foil, bronze foil, copper nickel foil and others. In terms of application, the market is segmented in to Electrical & Electronics, Automotive, Decorative, and Others. Based on regions, the Global Copper and Copper Alloy Foil (<=0.07mm) market is segmented into- North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Regional Analysis:
Geographically, Asia Pacific region is the largest market for Copper and Copper Alloy Foil (<=0.07mm) and accounts for nearly 49.1% of the share in the global copper and copper alloy foil (<=0.07mm) market, with a fragmented market for copper and copper alloy foil with Chinese manufacturers coupled with increasing penetration of the end-use industries can be attributed to the market growth in the region. Moreover, the factors such as ongoing infrastructural development, rapid urbanization and industrialization in the developing markets is expected to boost the demand for consumer electronics and automotive, which in turn will witness considerable demand for Copper and Copper Alloy Foil (<=0.07mm) during the forecast period. In Asia-Pacific, China accounts for the largest market share for Copper and Copper Alloy Foil followed by Japan and India.
Europe accounts for the second largest market share in terms of value and volume in the Global Copper and Copper Alloy Foil (<=0.07mm), owing to the electric vehicle trend prevailing in the region to address the stringent regulatory compliance associated with emission from automotive.
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