Persistence Market Research (PMR) delivers an exclusive analysis of the Global Electrodeposited Copper Foils Market in its updated report titled “Electrodeposited Copper Foils Market: Global Industry Analysis 2013–2017 and Forecast 2018–2026”. In this updated report, we have covered several factors, such as market dynamics, pricing analysis, macro-economic factors, competition analysis and regional and segmental growth, among other factors. The main aim of this updated report is to ascertain and scrutinize the impact of the dynamic nature of the Electrodeposited Copper Foils market, change in supply- demand scenario, raw material availability and competitive environment, among others. This report offers complete analysis of the global electrodeposited copper foils market in terms of market volume (Tons) & value (US$ Mn) and year-wise (Y-o-Y) sale of Electrodeposited Copper Foils. As per the findings of the study and viewpoints of industry participants, the global electrodeposited copper foils market is projected to grow at a CAGR of 10.4% between 2018 and 2026, in terms of value.
The report is segmented into three sections viz. by thickness, application and region.
Report Description and Research Methodology
The updated report on global electrodeposited copper foils market starts with executive summary and market introduction, which provide a gist of overall report. Executive summary of this Electrodeposited Copper Foils market report is comprised of four main parts: market overview, market analysis, PMR analysis and recommendations and wheel of fortune. Under the PMR analysis and recommendations, information pertaining to overall market approach, target segments, target regions and differentiating strategies adopted by the key players have been incorporated, which will help the stakeholders in decision making. Moreover, in market introduction section, definitions and scope of the report have been explained. In the next section, the report describes the market development background and covers macro-economic factors, industry factors, forecast factors, regional weighted average pricing analysis and value chain analysis of electrodeposited copper foils market. Along with this, impact of raw material prices i.e. copper on electrodeposited copper foils has been provided.
In the next section, market size of electrodeposited copper foils has been provided, in terms of value (US$ Mn) and volume (Tons) projections, for the aforementioned segments. The global market values represented in this section have been agglomerated by collecting data and information at a regional level. The market information, along with key facts and insights, covers unique analysis frameworks, such as absolute $ opportunity analysis, year-on-year growth trend comparison, market share and attractiveness analysis for each of the sub-types covered in each segment.
In this report on Electrodeposited Copper Foils, market dynamics, such as drivers (supply and demand side), trends and restraints and opportunity for each region have been provided. Market opportunities and potential for key players have been presented in the successive section of the same chapter. This section also includes the impact assessment of regional market dynamics on the global electrodeposited copper foils market at a qualitative level based on facts and insights.
All the above sections evaluate the present market scenario and growth prospects in the global electrodeposited copper foils market while the forecast presented in the sections assess the market size in terms of volume and value.
In order to offer an accurate forecast, we started by sizing the current and historical market, which forms the basis of how the global electrodeposited copper foils market is expected to develop in the future. Given the characteristics of the market, we triangulated the outcome of three different types of analysis: primary research, secondary research and our own analysis. However, forecasting the market in terms of various electrodeposited copper foils segments and regions is more a matter of quantifying expectations and identifying opportunities rather than rationalizing them after the completion of the forecast exercise.
In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyze the market on the basis of key parameters, such as Year-on-Year (Y-o-Y) growth, to understand the predictability of the electrodeposited copper foils market and identify the right opportunities available.
The market analysis sections cover regional trends, weighted average pricing analysis and market projections for each segment, including Y-o-Y growth trends, market share analysis, market attractiveness and incremental $ opportunity assessment. These sections analyzes the degree to which the global drivers are influencing the Electrodeposited Copper Foils market in each region. All the above sections evaluate the present market scenario and growth prospects in the global electrodeposited copper foils market while the forecast presented in the sections assesses the market size in terms of volume and value. Another key feature of this report is the analysis of all the key segments in the electrodeposited copper foils market, sub-segments and the regional adoption and revenue forecast in terms of absolute dollar opportunity. This is traditionally overlooked while forecasting the market; however, the absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve as well as to identify potential resources from a sales and delivery perspective in the electrodeposited copper foils market.
In order to understand the key market segments in terms of the growth and consumption of electrodeposited copper foils across concerned regions, PMR has developed the attractiveness index, which will help readers identify real market opportunities.
In the last section, a competitive landscape of the electrodeposited copper foils market has been provided and this includes tier structure analysis and dashboard view of key competitors and their respective market share in terms of value. This section is primarily intended to provide clients with an objective and thorough comparative assessment of the key manufacturers specific to a market segment in the value chain of the electrodeposited copper foils market. After this, detailed profiles of global as well as regional players have also been included under the scope of this Electrodeposited Copper Foils report. This will help in evaluating players’ long- and short-term strategies, key offerings and recent developments in the electrodeposited copper foils market. Some of the market players included in this section of the Electrodeposited Copper Foils report are Mitsui Mining & Smelting Co., Ltd., JX Nippon Mining & Metals Corporation, Jiangxi Copper Corporation, Furukawa Electric Co., Ltd., Nan Ya Plastics Corp., Arcotech Ltd., Kingboard Copper Foil Holdings Ltd, Guangdong Chaohua Technology Co., Ltd., LS MTRON LTD., Chang Chun Petrochemical Co., Ltd., MINEREX AG, Circuit Foil Luxembourg, Suzhou Fukuda Metal Co., Ltd., LingBao Wason Copper Foil Co., Ltd., and Targray Technology International, Inc., among others
PMR’s updated report on the electrodeposited copper foils market covers exhaustive information pertaining to the global market demand, pricing analysis, forecast, market dynamics and recent advancements in the global electrodeposited copper foils market for the period of 2018–2026
The global electrodeposited copper foils market is estimated to be valued at US$ 7,953.9 Mn by 2018 end and is expected to reach US$ 17,544.3 Mn by the end of 2026, expanding at a CAGR of 10.4% over the forecast period. The global electrodeposited copper foil market is anticipated to represent an incremental opportunity of US$ 9,590.4 Mn between 2018 and 2026.
Electrodeposited copper foils are an indispensable part of the electronics industry
Generally, copper foils are of two types, namely roll anneal copper foils and electrodeposited copper foils. Electrodeposited copper foils are the foils manufactured by the electrodeposition of copper particles from a copper solution on a rotating titanium drum connected to a DC voltage source. This titanium drum is attached to a cathode, while the anode is submerged in the electrolyte copper solution. A wide range of electrodeposited copper foil are available in the market, depending on the thickness of the foil.
Electrodeposited copper foils are predominantly used in the production of printed circuit boards (PCBs). These printed circuit boards find enormous applications in the electronics and semiconductor industry. Hence, significant growth of the consumer electronics sector is the major factor responsible for the upsurge in the electrodeposited copper foil market.
Increasing PCB production, coupled with massive growth in demand for lithium ion batteries, is the major driving factor for the electrodeposited copper foils market
Printed circuit boards or PCBs, especially flexible, rigid and multilayer type, find application in the manufacturing of electronic devices, such as smartphones, consumer electronics, tablets, laptops and communication equipment, among others. Strong growth in the demand for these consumer electronic products over the recent past has, in turn, propelled the demand for PCBs. Moreover, it is expected that the global PCB production will register over 8% CAGR over the forecast period. With this significant growth in PCB production, the demand for electrodeposited copper foils is expected to increase over the forecast period.
Along with this, the rising demand for electrodeposited copper foils, which is surging the manufacturing of lithium ion batteries, is one of major factors stimulating the electrodeposited copper foil market growth. The global electric vehicles market is estimated to grow nearly 2.8X between 2018 and 2026, thereby registering a CAGR of around 11% during 2018 – 2026. Similarly, the hybrid electric vehicles market is expected to register a CAGR of over 20% during the forecast period. Out of the total electric and hybrid electric vehicles across the world, 80% are located in China, the U.S., the Netherlands, Japan and Norway. Expected robust growth in the global hybrid and electric vehicles market in turn drives the growth of the global electrodeposited copper foil market during the period 2018–2026
Growing preference towards the production of compact electronics products will in turn boost demand for <20 micron electrodeposited copper foils
The growing demand for <20 μm electrodeposited copper foil in applications such as rigid circuit and batteries is the major driving factor for the growth of the segment. Also, the <10 μm electrodeposited copper foil segment accounted for around 10 – 12% of the global electrodeposited copper foil market in terms of consumption. This segment is expected to register significant growth over the forecast period, owing to the miniaturization of electronic equipment with a reduction of weight. Also, electrodeposited copper foils are used in negative current accumulators in lithium-ion batteries for telecommunication devices or electric cars. The thickness of these electrodeposited copper foils plays an important role in deciding the capacity and weight of the battery. Thinner copper foils reduce the weight and thickness of the battery. Moreover, by reducing the thickness of the foil, the power storage capacity of the battery is increased. Additionally, it eventually saves the energy needed to produce electrodeposited copper foils and increases the efficiency of electric cars.
APAC is expected to dominate the electrodeposited copper foils market over the forecast period
The Asia Pacific electrodeposited copper foils market is expected to account for a value share of 88.8% in 2018 and is estimated to maintain its dominance in the global electrodeposited copper foils market over the forecast period. This can mainly be attributed to the concentration of the electronic industry in the Asia Pacific region. In the competitive electronics business environment, manufacturing companies are focusing on enhancing their market share and presence by offering innovative products in a relatively shorter time frame and at relatively lower costs with improved product quality as well as performance. Moreover, in order to meet the growing market demand for miniaturized, smaller, thinner and relatively less expensive electronic devices, the electronics manufacturing industry has been shifting towards the Asia Pacific region, which has emerged as the electronics manufacturing hub. China has become a strategic location for global electronics devices and semiconductors manufacturers, owing to inexpensive labor, shipping cost and well established manufacturing infrastructure. A considerable share of the overall global electronics production has shifted towards Asian countries. Several large electronics component and device manufacturing companies are focusing on strengthening their production capabilities in Asia Pacific in order to avail the cost benefits and also to better cater to the increasing demand for their product offerings in domestic and international markets. Along with this, several key players of electrodeposited copper foils are enhancing their footprint in the Asia Pacific region through the adoption of organic and inorganics strategies.
Leading market players dominating the global electrodeposited copper foils market
The global electrodeposited copper foils market is a consolidated one, i.e. the frontrunner companies’ account for around half of the global electrodeposited copper foil market. Some of the leading market players in the global electrodeposited copper foils market include Mitsui Mining & Smelting Co., Ltd, JX Nippon Mining & Metals Corporation, Jiangxi Copper Corporation, Furukawa Electric Co., Ltd., Nan Ya Plastics Corp., Arcotech Ltd., Kingboard Copper Foil Holdings Ltd, Guangdong Chaohua Technology Co., Ltd., LS MTRON Ltd, Chang Chun Petrochemical Co., Ltd., Co-Tech Development Corp., Iljin Materials Co. Ltd., Circuit Foil Luxembourg, Minerex AG, Circuit Foil Luxembourg, Suzhou Fukuda Metal Co. Ltd., LingBao Wason Copper Foil Co. Ltd., Targray Technology International Inc. and Shandong Jinbao Electronics Co., Ltd., among other electrodeposited copper foils manufacturers.