Persistence Market Research has included a new report in its repository titled ‘Electrodeposited Copper Foils Market: Global Industry Analysis 2012–2016 and Forecast 2017 – 2025’. In the introduction part of this report, the manufacturing process of electrodeposited copper foils has been described in detail. The various stages involved in the manufacturing process of electrodeposited copper foils have been described in detail and illustrated with figures in order to give the report readers a thorough understanding of the electrodeposited copper foils. Besides this, the relative application matrix for copper foils is also presented in the application part along with the key metrics of the electrodeposited copper foils and rolled copper foils. The applications of electrodeposited copper foils by thickness is also discussed in this part of the report. In addition, the introduction part contains the executive summary of the report, which gives the pertinent market numbers for electrodeposited copper foils market along with the important and most lucrative segments. The introduction part of the report also contains the market definition and the market taxonomy of the electrodeposited copper foils market. The global electrodeposited copper foils market value (US$ Mn) and volume (tons) is also given in the introduction part.
In order to better organize the report and make the report more user friendly, the report on electrodeposited copper foils market has been divided into four main sections. The first part of the report is the introduction section, the contents of which have been discussed above. The second part of the report contains the global electrodeposited copper foils market analysis and forecast by thickness, by application and by region. This section of the report contains important market numbers in the form of absolute dollar opportunity, Basis Point Share Analysis and market attractiveness analysis. The third section of the report contains the regional electrodeposited copper foils market analysis and forecast and the regions are chosen as per the market taxonomy. This is an important section of the report as it contains the region wise drivers, restraints and trends that are operating in the electrodeposited copper foils market. These drivers, restraints and trends give the report readers a thorough understanding of the market forces that are operating in the global electrodeposited copper foils market and help them to make important decisions and assimilate important inferences regarding this market.
The last section of the report on global electrodeposited copper foils market contains the competition landscape for this market. In this section, the key market players operating in the global electrodeposited copper foils market are profiled and detailed information is provided regarding them. This information is in the form of company description, product overview, key developments, strategic overview and key financials of each of the featured companies along with the SWOT analysis of the company. This competition landscape is a valuable part of the report as it contains all the necessary information to study the leading companies operating in the global electrodeposited copper foils market and it reveals how these companies implement their strategies and vision in order to stay at the pole position in this market. Such type of information is a goldmine for both new entrants in the market along with the established players who will also find this type of information useful in order to better understand their competition in this highly competitive market.
For this report, in order to infer the market size, historical data, primary responses and public domain data has been thoroughly analyzed. Revenue of companies from electrodeposited copper foils market has been benchmarked to ascertain the market size for the base year. Macroeconomic indicators such as GDP and industry growth have been considered to forecast the market size over the forecast period. The historical growth trend of the end-use industries, market participants’ performance, as well as the present macro-economic outlook has been taken into consideration for estimating the overall market trend forecast. This data is then validated with the help of the triangulation method and is extensively scrutinized using advanced tools to garner quantitative and qualitative insights into the global electrodeposited copper foils market.
As per the projections of Persistence Market Research, the global electrodeposited copper foils market is estimated to be valued at US$ 6,664.4 Mn at the end of the year 2017 and is expected to reach a value of US$ 16,005.6 Mn by the end of the year 2025 and exhibit a CAGR of 11.6% during the period of assessment. In terms of volume, the consumption of electrodeposited copper foils was pegged at 384,912 tons in the year 2016 and is estimated to reach a value of 774,918 tons by the end of the year 2025 and is slated to exhibit a volume CAGR of 8.3% during the period of assessment.
Increasing demand for key end use industries fueling the demand for electrodeposited copper foils in the APAC market
There is a growing demand for electrodeposited copper foils from important end-use industries and this is expected to fuel the market growth during the period of assessment. With reference to this, the growth in the market for electrodeposited foils is expected to be mainly driven by green technologies and the growth in consumer electronics market. In addition, consumer electronics devices such as smartphones, tablets and laptops are popular, and these products use electrodeposited copper foils in them. Consequently, a strong demand for such products has also increased the demand for electrodeposited copper foils. On similar lines, the consumption of electrodeposited copper foils in the arena of consumer electronics is expected to witness a steady growth in the period of assessment. Moreover, electrodeposited copper foils are standard copper foils used for rigid PCBs and are mostly the standard in the PCB industry. Electrodeposited copper foils are used on a large scale by the manufacturers of PCB and this is also fuelling the market growth.
Increasing demand for hybrid and electric vehicles is propelling the growth of electrodeposited copper foils market
The electric vehicles industry is an important industry where the application of electrodeposited copper foils is found. In this industry, electrodeposited copper foils are used in the batteries that power such electric vehicles. The global market for electric and hybrid vehicles is booming, with the global electric vehicles market expected to witness a growth of nearly 2.9X during the period between 2016 and 2026. The use of electric cars has been growing since the year 2010, with an uptake of electric vehicles operated by battery slightly ahead of the uptake of plug-in hybrid electric vehicles. A major portion of these electric vehicles, 80% to be precise, are used in China, United States, the Netherlands, Norway and Japan. Thus, due to the robust growth witnessed in the use of electric and hybrid vehicles, the market for electrodeposited copper foils is also expected to increase manifold during the period of assessment.
Focus on ultrathin electrodeposited copper foils is an upcoming trend
Electrodeposited copper foils find application in the negative current accumulators in lithium-ion batteries in the making of telecommunication devices or electric cars. In such applications, the thickness of the electrodeposited copper foils play an important role in deciding the capacity and weight of the battery. With the use of thinner copper foils, the weight and thickness of the battery is reduced. In addition, by reducing the thickness of the copper foils used, the power storage capacity of the battery also increases consequently. This also saves the energy needed to produce copper foils and increases the efficiency of the electric cars.
Global Electrodeposited Copper Foils Market Analysis, By Application
By application, the batteries segment is estimated to be valued at US$ 1,494.8 Mn in the year 2017 and is forecasted to reach a value of US$ 3,914.1 Mn in the year 2025, registering a CAGR of 12.8% during the period of assessment. By application, the switchgear segment is estimated to be valued at US$ 221.1 Mn in the year 2017 and is estimated to reach a value of US$ 369 Mn, exhibiting a CAGR of 6.6% during the assessment period.