The global copper foils market size was US$ 14.1 billion in 2021. The global copper foils market is forecast to grow to US$ 25.9 billion by 2030 by registering a compound annual growth rate (CAGR) of 7.8% during the forecast period from 2022 to 2030.
Copper foil is a few micron-thick copper sheet, which is used in printed circuit boards (PCBs) in telecommunications devices like PCs and cellphones. Copper is considered an outstanding electrical conductor, having both malleable and ductile properties.

Factors Influencing the Market
The upsurging demand for electronics systems and gadgets will primarily drive the growth of the global copper foils market. Further, the demand for consumer electronics is growing at a substantial rate, which will drive the copper foils market forward.
The introduction of new copper foil products will offer ample growth opportunities for market growth. Furthermore, the demand for reducing the thickness and weight of the foil is increasing. As a result, it will be opportunistic for the industry players to introduce new products.
The growing demand for smartphones and the 5G rollout will be opportunistic for the global copper foils market during the study period. On the flip side, the rising price of copper may limit the growth of the copper foils market during the study period.

COVID-19 Impact Analysis
Due to the COVID-19 pandemic, the demand for electronic products decreased abruptly. The pandemic affected consumer purchasing power, which in turn reduced the demand. In addition to that, manufacturing activities were on halt as a result of the labor shortage and insufficient raw materials. Thus, it hampered the growth of the copper foils market.

Regional Analysis
The Asia-Pacific copper foils market is forecast to record the highest growth rate, owing to the rising population of the region. Further, the contribution of China, India, Japan, and South Korea, as these countries hold large electronics industries, will drive the growth of the global copper foil market during the study period. In addition to that, increasing government incentives offered by the government of China will bring lucrative growth opportunities for this regional market. Apart from that, factors such as the presence of enormous PCB manufacturing capacity and low labor wages will also contribute to the growth of the copper foils market during the forecast period.

Competitors in the Market
Doosan Group
ENEOS Holdings Inc.
Fukuda Metal Foil & Powder Co. Ltd.
Furukawa Electric Co. Ltd.
Iljin Materials Co. Ltd.
Mitsui Mining & Smelting Co. Ltd
Rogers Corporation
SKC
Sumitomo Metal Mining Co. Ltd
Targray Technology International Inc.
UACJ Foil Corporation
Other Prominent Players

Market Segmentation
The global copper foils market segmentation focuses on Product, Application, End-User, and Region.
By Product Type
Rolled Copper Foil
Electrodeposited Copper Foil
By Application
Printed Circuit Boards
Batteries
Electromagnetic Shielding
By End-user Industry
Electrical & Electronics
Automotive
Industrial Equipment
Building & Construction
Others
By Region
? North America
o The U.S.
o Canada
o Mexico
? Europe
? Western Europe
o The UK
o Germany
o France
o Italy
o Spain
o Rest of Western Europe
? Eastern Europe
o Poland
o Russia
o Rest of Eastern Europe
? Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o ASEAN
o Rest of Asia Pacific
? Middle East & Africa (MEA)
o UAE
o Saudi Arabia
o South Africa
o Rest of MEA
? South America
o Brazil
o Argentina
o Rest of South America