Lithium Battery Copper Foil Market

Lithium Battery Copper Foil Market

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Lithium Battery Copper Foil Market Outlook

The global lithium battery copper foil market size was valued at USD 2,401 Million in 2020 and is projected to reach USD 21,034 Million by 2028, expanding at a CAGR of 23.2% during the forecast period. The lithium battery copper foil market is projected to expand at a rapid pace globally, due to rising demand for lithium battery copper foil in various industries, mainly in consumer electronics.

Lithium battery copper foils are expected to be popular among end-users during the forecast period. Rising demand for lithium battery copper foils is attributed to its growing use in electric vehicles across the globe. Growing demand for consumer electronics products is projected to drive the market in the coming years. Increasing adoption of electric vehicles across the globe is estimated to boost the market over the forecast period.

Lithium Battery Copper Foil Market Outlook

Lithium Battery Copper Foil Market Dynamics

Increasing demand for electronic equipment from various end-use industries

High growth of the global lithium battery copper foil market is attributed to the growing demand for electronic equipment from various end-user industries (mainly consumer electronics). Among consumer electronic products, smartphones are the main consumers of copper foil. Expansion of 5G networks is expected to increase the sales of smartphones during the forecast period. Copper foil is used in PCBs built into telecommunication equipment such as personal computers and mobile phones.

Increasing adoption of electric vehicles

A major factor driving the lithium battery copper foil market is the increasing adoption of electric vehicles across the globe, as lithium battery copper foil is a key material for electric vehicles. Over the projected period, factors such as rising fuel prices and government activities in various regions to raise awareness about EVs are expected to encourage the use of electric vehicles, which is anticipated to boost the market during the forecast period.

Favourable laws and regulations by governments, such as zero-emissions and fuel economy criteria, are expected to increase the demand for electric vehicles in the near future, resulting in increased usage of copper foil. Automakers such as Renault and MG Motors produced hybrid vehicles in developing countries, which are expected to boost the market in the coming years.

Development of novel lithium battery copper foil

Several market players are increasing their expenditure on R&D for the development of low cost technology, which is expected to propel the market over the forecast period. Rising investment in R&D for the development of products and advanced techniques are estimated to boost the market in the coming years.

Rising sales of smartphones

Increasing sales of smartphones is one of the key factors that is expected to drive the lithium battery copper foil market during the forecast period. Smartphones are popular electronic gadgets and are leading to a shift in lifestyles of people, where owning a smartphone is not a luxury but a need.

Consumer spending on media, entertainment, networking, and mobile communication increases as disposable income rises, resulting in potential sales of smartphones, which is expected to boost the market in the coming years.

Strict government policies

Various policies and regulations implemented by governments in various countries throughout the world regulating the production of lithium battery copper foil are expected to have a significant effect on the product growth and pricing.

Strict industry restrictions, high maintenance & replacement cost, and component reliability difficulties are expected to hinder the market growth in the next years. In the short term, strict requirements for small and medium-sized PCB producers are expected to have a significant influence on the demand for lithium battery copper foil.

Production declined due to Covid-19

Adverse impact of the coronavirus is felt across the globe. The lockdown impeded the production of lithium battery copper foil, due to the shutting down of manufacturing units. Slowdown of industries such as electronics and automobiles is anticipated to hamper the usage of lithium battery copper foil.

Opening up of manufacturing units of automobile industries and electronics industries, and compliance with government regulations are expected to boost the production of lithium battery copper foil gradually in the near future.

Adoption of new technologies

Key manufacturers are using modern techniques for manufacturing lithium battery copper foils, which is projected to boost the demand for the product during the forecast period. Research & development activities create opportunities for new designs and developments in lithium battery copper foils, which is projected to fuel the market in the coming years.

Increasing use of Internet of things (IOT) and artificial intelligence (AI) is expected to improve the manufacturing process and create multiple opportunities for the key market players.

Increase in Number of Partnerships and Acquisitions

Increasing number of strategies such as mergers & acquisitions, agreements, partnerships, and product launches among companies to establish themselves as providers of lithium battery copper foils is anticipated to create lucrative opportunities in the market in the near future.

Rising adoption of various strategies by market players to increase their presence and share in the market is expected to create growth opportunities in the market.

Lithium Battery Copper Foil Market Segment Insights

Type Segment Analysis

In terms of types, the lithium battery copper foil system market is bifurcated into electrolytic copper foil and rolled copper foil. Over the projected period, the electrolytic copper foil segment is projected to expand at a high CAGR, owing to its increasing use in printed circuit boards (PCBs) and electric vehicles. Electrolytic copper foil is used in low-power and high-energy applications, including lithium-ion batteries used in mobile phones, notebook computers, and other consumer electronic products.

These foils are used as current collectors for the negative electrode of lithium-ion batteries. Increasing demand for notebook computers and smart phones is expected to drive the global electrolytic copper foil segment. The rolled copper foil segment is anticipated to expand at a significant CAGR.

Rolled copper foil is used extensively for flexible circuit boards where smooth surface is preferred. Increasing demand for rolled foil copper from electronics industries is expected to boost the segment in the coming years.

Lithium Battery Copper Foil Market Types

Application Segment Analysis

In terms of applications, the lithium battery copper foil system market is segmented into car, consumer electronics, industrial usage, and others. Over the projected period, the consumer electronics segment is projected to expand at a high CAGR, owing to increasing demand for smartphone, tablets, and PCs in the coming years. The car segment is anticipated to expand at a significant CAGR.

During the forecast period, factors such as rising fuel prices and government activities to increase awareness of electric vehicles are expected to encourage the use of electric vehicles, which is expected to drive the market during the forecast period. The industrial usage segment is expected to expand at a significant growth rate during the forecast period.

Compared with other metals, lithium battery copper foil has higher conductivity, mechanical strength, and reliability; hence it is widely used in industrial products. In addition, copper foil undergoes various types of surface treatments to improve and maintain adhesion to various dielectric circuit materials.

Lithium Battery Copper Foil Market Applications

Regional Analysis

Based on regions, the global lithium battery copper foil market is fragmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific accounted for a significant share of the market in 2020 and the market in Asia Pacific is anticipated to expand at a substantial CAGR during the forecast period.

The lithium battery copper foil market is growing in North America, owing to increasing use of lithium battery copper foil in electric vehicles. Increasing production of electric vehicles in the region is anticipated to boost the market in the coming years. China accounts for a significant market share, due to increasing demand from electronics industry as well as the rising adoption of electrical vehicles, which in turn, drives the market in Asia Pacific.

Increasing number of lithium battery copper foil manufacturers in North America and rising electrification in vehicles are expected to fuel the lithium battery copper foil market in the region. Brazil is expected to hold a considerable share of the market. High demand for lithium battery copper foil in the country is attributed to its increasing usage in end-use industries such as automobile and electronic, which in turn, is creating opportunities for the lithium battery copper foil market in Latin America.

Lithium Battery Copper Foil Market Region

Key Benefits for Industry Participants & Stakeholders

  • In-depth Analysis of the Global Lithium Battery Copper Foil Market
  • Historical, Current and Projected Market Size in terms of Value
  • Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
  • Industry Drivers, Restraints and Opportunities Covered in the Study
  • Recent Industry Trends and Developments
  • Competitive Landscape & Strategies of Key Players
  • Neutral Perspective on Global Lithium Battery Copper Foil Market Performance

Segments

Types

  • Electrolytic Copper Foil
  • Rolled Copper Foil

Applications

  • Car
  • Consumer Electronics
  • Industrial Usage
  • Others

Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Key Market Players Profiled in the Report

  • UACJ Foil Corporation
  • SKC
  • Avocet Steel
  • Magneto Special Anodes (Evoqua Water Technologies LLC)
  • FURUKAWA ELECTRIC CO., LTD
  • Chang Chun Group
  • NAN YA PLASTICS CORPORATION
  • Tongling Nonferrous Metals Group Holding Co.,Ltd
  • ILJIN MATERIALS CO., Ltd
  • Nippon Denkai, Ltd.
  • Lingbao Huaxin Copper Foil Co., Ltd.

Competitive Landscape

Key players operating in the global lithium battery copper foil market include UACJ Foil Corporation, SKC, Avocet Steel, Magneto Special Anodes (Evoqua Water Technologies LLC), FURUKAWA ELECTRIC CO., LTD, Chang Chun Group, NAN YA PLASTICS CORPORATION, Tongling Nonferrous Metals Group Holding Co.,Ltd, ILJIN MATERIALS CO., Ltd, Nippon Denkai, Ltd., and Lingbao Huaxin Copper Foil Co., Ltd. These companies are considered as key manufacturers of lithium battery copper foils based on their revenue, research & development (R&D) activities, presence, and supply chain management system.

Lithium Battery Copper Foil Market Key Players

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lithium Battery Copper Foil Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Lithium Battery Copper Foil Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Lithium Battery Copper Foil Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Lithium Battery Copper Foil Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Lithium Battery Copper Foil Market Size & Forecast, 2018-2028
      4.5.1 Lithium Battery Copper Foil Market Size and Y-o-Y Growth
      4.5.2 Lithium Battery Copper Foil Market Absolute $ Opportunity
   4.6 Pricing Analysis & Forecast, By Types, 2018-2028
   4.7 Global Lithium Battery Copper Foil Market: Impact Of Key Regulations
   4.8 Copper foil Piece Per Ton
   4.9 Electric Vehicle Demand Growth (GWh)
   4.10 Future Threats for Copper Foil Usage in EV Batteries
   4.11 Copper Foil Usage (Ton/ Battery GWh)
   4.12 Lithium Battery Market Overview
   4.13 Copper Foil Market Overview
Chapter 5 Global Lithium Battery Copper Foil Market Analysis and Forecast By Types
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Types
      5.1.2 Basis Point Share (BPS) Analysis By Types
      5.1.3 Absolute $ Opportunity Assessment By Types
   5.2 Lithium Battery Copper Foil Market Size & Volume Forecast By Types
      5.2.1 Electrolytic Copper Foil
      5.2.2 Rolled Copper Foil
   5.3 Market Attractiveness Analysis By Types
Chapter 6 Global Lithium Battery Copper Foil Market Analysis and Forecast By Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By Applications
      6.1.2 Basis Point Share (BPS) Analysis By Applications
      6.1.3 Absolute $ Opportunity Assessment By Applications
   6.2 Lithium Battery Copper Foil Market Size & Volume Forecast By Applications
      6.2.1 Cars
      6.2.2 Consumer electronics
      6.2.3 Industrial Usage
      6.2.4 Others
   6.3 Market Attractiveness Analysis By Applications
Chapter 7 Global Lithium Battery Copper Foil Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Lithium Battery Copper Foil Market Size & Volume Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
   8.1 Introduction
   8.2 Current & Future Impact Analysis
   8.3 Economic Impact Analysis
   8.4 Government Policies
   8.5 Investment Scenario
Chapter 9 North America Lithium Battery Copper Foil Analysis and Forecast
   9.1 Introduction
   9.2 North America Lithium Battery Copper Foil Market Size & Volume Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Lithium Battery Copper Foil Market Size & Volume Forecast By Types
      9.6.1 Electrolytic Copper Foil
      9.6.2 Rolled Copper Foil
   9.7 Basis Point Share (BPS) Analysis By Types
   9.8 Absolute $ Opportunity Assessment By Types
   9.9 Market Attractiveness Analysis By Types
   9.10 North America Lithium Battery Copper Foil Market Size & Volume Forecast By Applications
      9.10.1 Cars
      9.10.2 Consumer electronics
      9.10.3 Industrial Usage
      9.10.4 Others
   9.11 Basis Point Share (BPS) Analysis By Applications
   9.12 Absolute $ Opportunity Assessment By Applications
   9.13 Market Attractiveness Analysis By Applications
Chapter 10 Europe Lithium Battery Copper Foil Analysis and Forecast
   10.1 Introduction
   10.2 Europe Lithium Battery Copper Foil Market Size & Volume Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Lithium Battery Copper Foil Market Size & Volume Forecast By Types
      10.6.1 Electrolytic Copper Foil
      10.6.2 Rolled Copper Foil
   10.7 Basis Point Share (BPS) Analysis By Types
   10.8 Absolute $ Opportunity Assessment By Types
   10.9 Market Attractiveness Analysis By Types
   10.10 Europe Lithium Battery Copper Foil Market Size & Volume Forecast By Applications
      10.10.1 Cars
      10.10.2 Consumer electronics
      10.10.3 Industrial Usage
      10.10.4 Others
   10.11 Basis Point Share (BPS) Analysis By Applications
   10.12 Absolute $ Opportunity Assessment By Applications
   10.13 Market Attractiveness Analysis By Applications
Chapter 11 Asia Pacific Lithium Battery Copper Foil Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Lithium Battery Copper Foil Market Size & Volume Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Lithium Battery Copper Foil Market Size & Volume Forecast By Types
      11.6.1 Electrolytic Copper Foil
      11.6.2 Rolled Copper Foil
   11.7 Basis Point Share (BPS) Analysis By Types
   11.8 Absolute $ Opportunity Assessment By Types
   11.9 Market Attractiveness Analysis By Types
   11.10 Asia Pacific Lithium Battery Copper Foil Market Size & Volume Forecast By Applications
      11.10.1 Cars
      11.10.2 Consumer electronics
      11.10.3 Industrial Usage
      11.10.4 Others
   11.11 Basis Point Share (BPS) Analysis By Applications
   11.12 Absolute $ Opportunity Assessment By Applications
   11.13 Market Attractiveness Analysis By Applications
Chapter 12 Latin America Lithium Battery Copper Foil Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Lithium Battery Copper Foil Market Size & Volume Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Lithium Battery Copper Foil Market Size & Volume Forecast By Types
      12.6.1 Electrolytic Copper Foil
      12.6.2 Rolled Copper Foil
   12.7 Basis Point Share (BPS) Analysis By Types
   12.8 Absolute $ Opportunity Assessment By Types
   12.9 Market Attractiveness Analysis By Types
   12.10 Latin America Lithium Battery Copper Foil Market Size & Volume Forecast By Applications
      12.10.1 Cars
      12.10.2 Consumer electronics
      12.10.3 Industrial Usage
      12.10.4 Others
   12.11 Basis Point Share (BPS) Analysis By Applications
   12.12 Absolute $ Opportunity Assessment By Applications
   12.13 Market Attractiveness Analysis By Applications
Chapter 13 Middle East & Africa (MEA) Lithium Battery Copper Foil Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Lithium Battery Copper Foil Market Size & Volume Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Lithium Battery Copper Foil Market Size & Volume Forecast By Types
      13.6.1 Electrolytic Copper Foil
      13.6.2 Rolled Copper Foil
   13.7 Basis Point Share (BPS) Analysis By Types
   13.8 Absolute $ Opportunity Assessment By Types
   13.9 Market Attractiveness Analysis By Types
   13.10 Middle East & Africa (MEA) Lithium Battery Copper Foil Market Size & Volume Forecast By Applications
      13.10.1 Cars
      13.10.2 Consumer electronics
      13.10.3 Industrial Usage
      13.10.4 Others
   13.11 Basis Point Share (BPS) Analysis By Applications
   13.12 Absolute $ Opportunity Assessment By Applications
   13.13 Market Attractiveness Analysis By Applications
Chapter 14 Competition Landscape
   14.1 Lithium Battery Copper Foil Market: Competitive Dashboard
   14.2 Global Lithium Battery Copper Foil Market: Market Share Analysis, 2020
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      14.3.1 UACJ Foil Corporation
      14.3.2 SKC
      14.3.3 Avocet Steel
      14.3.4 Magneto Special Anodes (Evoqua Water Technologies LLC)
      14.3.5 FURUKAWA ELECTRIC CO., LTD
      14.3.6 Chang Chun Group
      14.3.7 NAN YA PLASTICS CORPORATION
      14.3.8 Tongling Nonferrous Metals Group Holding Co.,Ltd
      14.3.9 ILJIN MATERIALS CO., Ltd
      14.3.10 Nippon Denkai, Ltd.
      14.3.11 Lingbao Huaxin Copper Foil Co., Ltd.
      14.3.12 Semyung India Enterprises Pvt

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FAQ Section

Some frequently asked quetions about this report!

Major Manufactures include UACJ Foil Corporation, SKC, Avocet Steel, Magneto Special Anodes (Evoqua Water Technologies LLC), FURUKAWA ELECTRIC CO., LTD, Chang Chun Group, NAN YA PLASTICS CORPORATION, Tongling Nonferrous Metals Group Holding Co.,Ltd, ILJIN MATERIALS CO., Ltd, Nippon Denkai, Ltd., and Lingbao Huaxin Copper Foil Co., Ltd.

The base year considered for the global lithium battery copper foil market report is 2020. The complete analysis period is 2018 to 2028, wherein, 2018 & 2019 are the historic years, 2021 is an estimated year and the forecast is provided from 2021 to 2028.

The market is expected to witness growth with slow increase in terms of demand during 2020-2021 owing to the negative impact of COVID-19 pandemic on the global Lithium Battery Copper Foil market.

Electronics, Automobile, and others are few of the key end use industries driving the market growth.

The global Lithium Battery Copper Foil market is anticipated to grow significantly during forecast period due to rising demand for lithium battery copper foil in various industries, mainly in consumer electronics.

Increasing demand from end-use industries such as construction, transportation, and furniture. Demand for automobile plastics is boosted by the growing trend of lightweight materials. Plastic and aluminum are lightweight materials that assist automobiles to be light and fuel-efficient. Demand for structural adhesive products is expected to rise, due to increased adhesion requirements for materials such as steel, magnesium, and plastic.

In addition to market size (in USD Million) and Company Market Share (in % for base year 2020), other data such Macro-economic factors, Impact of key regulations on the market, technology trends, and COVID-19 Impact on the global lithium battery copper foil market is available in final report.

According to this Growth Market Reports, report, the market from global Lithium Battery Copper Foil market is likely to register a CAGR of 23.2% during period 2021-2028, with an anticipated valuation of USD 21,034 Mn by the end of the 2028.

Additional company profiles can be provided on request.