Copper Foil Market Report 2026

The copper foil market size has grown rapidly in recent years. It will grow from $13.99 billion in 2025 to $15.41 billion in 2026 at a compound annual growth rate (CAGR) of 10.2%. The growth in the historic period can be attributed to rise in use of rolled and electrodeposited copper foils, increasing adoption in PCBs and batteries, expansion in automotive applications, deployment in industrial equipment, integration in construction and building segments.

The copper foil market size is expected to see strong growth in the next few years. It will grow to $22.54 billion in 2030 at a compound annual growth rate (CAGR) of 10%. The growth in the forecast period can be attributed to increase in high-performance copper foils, rising adoption in energy storage and battery applications, expansion in electronic device applications, growth in precision electroplating and alloyed copper foils, increase in automated production monitoring. Major trends in the forecast period include adoption of AI-driven copper foil quality control, implementation of IoT-connected manufacturing lines, deployment of smart production analytics, integration of digital twin for copper foil processes, expansion of sustainable copper foil manufacturing practices.

The growing demand for electric vehicles is expected to drive the growth of the copper foil market in the coming years. Electric vehicles are defined as vehicles that operate on electricity stored in their batteries. Copper foil is essential in the manufacturing of electric batteries, electric motors, and wiring in electric cars, facilitating the flow of electric current to the vehicles. For instance, in 2024, the International Energy Agency reported that electric car sales increased by 3.5 million in 2023 compared to 2022, reflecting a 35% year-on-year growth. In 2023, electric vehicles accounted for approximately 18% of total car sales, up from 14% the previous year. Thus, the rising demand for electric vehicles is fueling the growth of the copper foil market.

Leading companies in the copper foil market are focusing on expanding production capacities and developing advanced copper solutions to support applications in electronics, energy storage, and electrification. Advanced copper solutions refer to high-performance copper materials engineered for efficient conductivity, thermal management, and reliability in electronic and energy systems. For example, in November 2023, SK Nexilis, a South Korea-based manufacturer of high-performance copper products, inaugurated a new copper foil production facility in Malaysia. This expansion aims to strengthen SK Nexilis’s global supply chain, address the growing demand for lithium-ion batteries and electronic devices, and solidify its position as a leading supplier of high-quality copper foils for advanced applications.

In August 2023, Varta, a Germany-based battery manufacturer, collaborated with SK Nexilis to advance copper foil solutions for electric vehicle (EV) battery innovation. This partnership seeks to improve battery performance, enhance energy density, and support the development of next-generation EV energy storage systems. SK Nexilis is a South Korea-based manufacturer specializing in high-performance copper products for electronics and energy applications.

Major companies operating in the copper foil market are LS Mtron Co. Ltd., Chang Chun Group, Furukawa Electric Co. Ltd., ILJIN Materials Co. Ltd., JX Nippon Mining & Metals Corporation, Carl Schlenk AG, Mitsui Mining & Smelting Co. Ltd., Nippon DenkAI Ltd., UACJ Corporation, Rogers Corporation, Sumitomo Metal Mining Co. Ltd., Circuit Foil SA, Shandong Jinbao Electronics Co. Ltd., Wieland Metals India Pvt. Ltd., Nan Ya Plastics Corporation., SKC Inc., NUODE New Materials Co. Ltd., Lingbao Wason Copper Foil Co. Ltd., Guangdong Jia Yuan Technology Shares Co. Ltd., Jiujiang Defu Technology Co. Ltd., Jiangxi Copper Corporation, Fujian Clear View Copper Foils Co. Ltd., Kingboard Copper Foil Holdings Limited, Targray Technology International Inc., Solus Advanced Materials, SH Copper Products Co. Ltd., United Copper Foil (Huizhou) Co. Ltd., Civen Metal Material Co. Ltd.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs on imported copper and specialty foils are impacting the market by increasing raw material costs for electrical, automotive, and industrial applications. Regions such as North America, Europe, and Asia-Pacific are most affected due to reliance on imported high-performance copper foils. Positive impacts include incentivizing domestic production, encouraging regional sourcing, and fostering innovation in foil manufacturing processes.

The copper foils market research report is one of a series of new reports that provides copper foils market statistics, including copper foils industry global market size, regional shares, competitors with a copper foils market share, detailed copper foils market segments, market trends, and opportunities, and any further data you may need to thrive in the copper foils industry. This copper foil market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Copper foil refers to a layer of copper applied to the outer and inner surfaces of metal sheets to enhance their thickness. This copper layer serves as an electrical conductor in various electronic devices, providing improved conductivity, plasticity, corrosion resistance, and ductility for metal sheets. Copper foil finds applications in industries where riveting and cutting tools are essential.

The two main types of copper foil are rolled copper foil and electrodeposited copper foil. Rolled copper foil is created by rolling thick copper and is commonly used in flexible circuit boards. Various grades of copper foil include electrolytic tough pitch copper (ETP) and deoxidized high phosphorus copper (DHP). Copper foil is utilized in printed circuit boards, batteries, electromagnetic shielding, and other applications across industries such as electrical and electronics, automotive, industrial equipment, building and construction, among others.North America was the largest region in the copper foil market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the copper foil market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the copper foil market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The copper foil market consists of sales of surface-treated electrodeposited copper, high-temperature elongation (THE) copper foil, double-treated foil, resistive copper, and low-profile copper. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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