Market revenue in 2023 | USD 178.6 million |
Market revenue in 2030 | USD 356.3 million |
Growth rate | 10.4% (CAGR from 2023 to 2030) |
Largest segment | Rolled |
Fastest growing segment | Electrodeposited |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 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 54.93% in 2023. Horizon Databook has segmented the Latin America copper foil market based on electrodeposited, rolled covering the revenue growth of each sub-segment from 2018 to 2030.
Central & South America accounted for a nominal global share of 1.7% of the copper foils market. The growth of the copper foils market is anticipated to be positively influenced by rising investments by automobile manufacturers and circuit board producers in the region.
To achieve carbon emission goals, governments across the region have been directing their focus toward the adoption of EVs. For instance, in April 2022, the government of Chile announced its target of achieving 100% electricity-driven new vehicles in the country by 2035.
Such measures undertaken by governments of different countries in the region are anticipated to positively impact the demand for copper foils. Private players are investing to increase their power generation capacity from renewable sources in the region.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America copper foil market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America copper foil market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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