U.S. Copper Foil Market Size & Outlook, 2023-2030
U.S. copper foil market, 2018-2030 (US$M)
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U.S. copper foil market highlights
- The U.S. copper foil market generated a revenue of USD 561.4 million in 2023 and is expected to reach USD 1,140.3 million by 2030.
- The U.S. market is expected to grow at a CAGR of 10.7% 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 561.4 million |
| Market revenue in 2030 | USD 1,140.3 million |
| Growth rate | 10.7% (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, U.S. accounted for 5.3% 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 |
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U.S. 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 61.81% in 2023. Horizon Databook has segmented the U.S. copper foil market based on electrodeposited, rolled covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. was the largest copper foils market in North America in 2023. Various factors have been driving demand. Increasing investment in solar energy projects, increasing penetration of 5G and the subsequent digitalization.
The policy measures to switch to solar energy, and the increasing emphasis on EVs have been viewed as major drivers of pure and decarbonized copper foils demand in the region. According to the U.S. Energy Information Administration (EIA).
The percentage of U.S. solar electricity capacity additions grew from 45% in 2022 to 56% in 2023 and is further likely to grow to 62% in 2024. With the implementation of the U.S. Inflation Reduction Act (IRA), solar panel manufacturing has been given a boost in the country.
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Our clientele includes a mix of copper foil market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. copper foil market , including forecasts for subscribers. This country databook contains high-level insights into U.S. copper foil market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. copper foil market size, by product, 2018-2030 (US$M)
U.S. Copper Foil Market Outlook Share, 2023 & 2030 (US$M)
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