Canada Copper Foil Market Size & Outlook, 2023-2030
Canada copper foil market, 2018-2030 (US$M)
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Canada copper foil market highlights
- The Canada copper foil market generated a revenue of USD 84.7 million in 2023 and is expected to reach USD 175.3 million by 2030.
- The Canada market is expected to grow at a CAGR of 10.9% from 2024 to 2030.
- In terms of segment, rolled was the largest revenue generating product in 2023.
- Electrodeposited is the most lucrative product segment registering the fastest growth during the forecast period.
Copper foil market data book summary
| Market revenue in 2023 | USD 84.7 million |
| Market revenue in 2030 | USD 175.3 million |
| Growth rate | 10.9% (CAGR from 2023 to 2030) |
| Largest segment | Rolled |
| Fastest growing segment | Electrodeposited |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Electrodeposited, Rolled |
| Key market players worldwide | Furukawa Electric Co Ltd, Lotte Chemical, Lingbao Wason Copper Foil, Nippon Denkai, Chang Chun Group, Circuit Foil, Doosan Corporation Electro-Materials, LS Mtron, SKC & Co., UACJ |
Other key industry trends
- In terms of revenue, Canada accounted for 0.8% of the global copper foil market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. copper foil market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 123.7 million by 2030.
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Copper Foil Market Scope
Copper Foil Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada copper foil market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to copper foil market will help companies and investors design strategic landscapes.
Rolled was the largest segment with a revenue share of 55.84% in 2023. Horizon Databook has segmented the Canada copper foil market based on electrodeposited, rolled covering the revenue growth of each sub-segment from 2018 to 2030.
The government of Canada is focusing on the 100% electrification of new light-duty vehicles by 2035. Hence, it has introduced various incentives and initiatives to increase the adoption of EVs in the country. For instance, the Zero-Emission Vehicles Program provides incentives to consumers and encourages the purchase of EVs.
This industry is hence expected to become a key driver for the copper foils market. Several copper foils manufacturers have been tapping into the opportunity presented by the growth of the EV industry. Copper foils is an important raw material as it is used as anodic material in lithium-ion batteries.
For instance, in September 2023, Solus Advanced Materials, a South Korean manufacturer of EV battery foils, announced that it plans to build a copper foils plant in Quebec.
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Our clientele includes a mix of copper foil market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada copper foil market , including forecasts for subscribers. This country databook contains high-level insights into Canada copper foil market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada copper foil market size, by product, 2018-2030 (US$M)
Canada Copper Foil Market Outlook Share, 2023 & 2030 (US$M)
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