Market revenue in 2023 | USD 854.7 million |
Market revenue in 2030 | USD 1,641.8 million |
Growth rate | 9.8% (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 |
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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 65.8% in 2023. Horizon Databook has segmented the Japan copper foil market based on electrodeposited, rolled covering the revenue growth of each sub-segment from 2018 to 2030.
As per IMF estimates, the GDP of Japan grew at 2.0% in 2023. The demand for copper foils in the country is driven by their use in the electronics, automotive, renewable energy, and robotics industries. Favorable government policies to promote EV adoption are expected to propel the demand for copper foils in Japan over the forecast period.
The government of the country has allocated around JPY 140 billion (~USD 0.94 billion) to promote the adoption of electric-powered vehicles such as Battery EVs (BEVs) in Japan and provide charging facilities for businesses as a part of the Green Transformation (GX) budget proposal for the financial year 2024.
As such, mini BEVs such as the Nissan Sakura are selling better than large Sports Utility Vehicles (SUVs) in Japan. The government of the country is aiming to significantly increase the use of solar energy as a part of its energy transition from fossils to renewables, as reported by the World Economic Forum.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan copper foil market , including forecasts for subscribers. This country databook contains high-level insights into Japan copper foil market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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