Market revenue in 2023 | USD 57.5 million |
Market revenue in 2030 | USD 123.7 million |
Growth rate | 11.6% (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 59.48% in 2023. Horizon Databook has segmented the Mexico copper foil market based on electrodeposited, rolled covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing investments in the EV, industrial, and consumer goods sectors is anticipated to propel the demand for copper foils over the forecast period. The USMCA, a free trade agreement between the U.S., Mexico, and Canada, became effective on July 01, 2020.
In the past decade, the Mexican market has become an attractive location for setting up a manufacturing base of automobiles and capital goods due to the proximity of readily available feedstock within the USMCA zone (previously known as NAFTA).
Industries, such as automotive, aerospace, electronics, and consumer goods, are witnessing investing the addition of new production capacities. According to the Mexican Automotive Industry Association, the automotive industry accounted for shares of 4% and 20.5% of the GDP.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico copper foil market , including forecasts for subscribers. This country databook contains high-level insights into Mexico copper foil market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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