Market revenue in 2023 | USD 118.5 million |
Market revenue in 2030 | USD 243.0 million |
Growth rate | 10.8% (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 58.65% in 2023. Horizon Databook has segmented the UK copper foil market based on electrodeposited, rolled covering the revenue growth of each sub-segment from 2018 to 2030.
Copper foils consumption is rising due to the growing batteries application segment. The adoption of EVs in the UK and the resultant production in the country is a strong driver. The share of battery electric vehicles is rising in the country.
According to The Faraday Institution, the country is expected to need around 8 giga factories on account of the rapid growth in the EV sector by 2040.
In addition, the law introduced in the country pertaining to the ban of new petrol and diesel car sales from 2035 is anticipated to augment the demand for EVs, thereby boosting the consumption of copper foils in the UK.
Horizon Databook provides a detailed overview of country-level data and insights on the UK copper foil market , including forecasts for subscribers. This country databook contains high-level insights into UK copper foil market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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