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Copper Coated Films Market

Market Insights on Copper Coated Films covering sales outlook, demand forecast & up-to-date key trends

Copper Coated Films Market By Substrate Material (Polyamide, Polyethylene terephthalate, Woven and Non-woven Fabrics), Application (Lamination, Decoration, Labelling, Insulation), Thickness (Up to 25 Micron, 25-50 Micron, 50-100 Micron, more than 100 Micron) & Region - Forecast 2022-2032

Copper Coated Films Market Overview

The global copper coated films market held a market revenue of US$ 3 Bn in 2021. The demand for copper coated films is expected to exceed a valuation of US$ 9 Bn, exhibiting growth at a CAGR of around 7%-9% during the forecast period (2022-2032).

Report Attribute

Details

Copper Coated Films Market Estimated Base Year Value (2021)

~US$ 3 Billion

Copper Coated Films Market Anticipated Forecast Value (2032)

~US$ 9 Billion

Copper Coated Films Market Projected Growth Rate (2022-2032)

~7%-9% CAGR

Copper foils are extensively used in the electronics industry for providing lamination and insulation to the electronic products. However, due to the high cost, the demand for an alternative such as copper coated films is increasing.

End users are providing variations in conductivity which is increasing the use of copper coated films owing to its ability to form conductive layers of different thickness. This is projected to spur the sales of copper coated films in electrical & electronics and industrial sectors.

Which are the Key Trends Boosting the Copper Coated Films Market?

Growing application of copper coated films for lamination, decoration, and insulation is projected to create lucrative growth prospects for the market. These copper coated films are also used in semiconductor systems or printed circuit boards.

Hence, increasing application of copper coated films in manufacturing and automotive industries is fueling the demand in the market. Hence, surging demand for semiconductors will tangentially bolster the growth in the market.

Besides this, glossy appearance and higher bond strength provided by copper coated films in labelling application will drive the market.

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Which are the Factors Limiting the Sales of Copper Coated Films Market?

Use of aluminum foils and copper foils due to their bond strength, flexibility, and conductivity is increasing in the automotive, aerospace, military, and manufacturing sectors. This is expected to limit the sales of copper coated films in the near future.

Also, the fluctuating prices of copper and lack of availability and supply in the developing economies might hinder the growth in the market. Furthermore, changing need for high battery energy density, conductivity, and other features to enhance the efficiency and durability of various equipment is projected to inhibit the demand for copper coated films.

Will the Demand for Copper Coated Films Upsurge in North America?

According FMI, North America is expected to dominate the global copper coated films market, with the U.S. spearheading the growth in the region.

Use of artificial intelligence (AI) chips and 3D sensors in smart TVs, smartphones, and wearable devices is increasing in the U.S. Advent of smart technology and introduction of augmented reality experience is projected to drive the market in the region.

Subsequently, increasing adoption of electric vehicles (EVs) and presence of leading EV manufacturers such as Tesla is likely to create bankable opportunities for the market.

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Which are the Factors Propelling Copper Coated Films Sales in Asia Pacific?

Expansion of industrial sector and growing demand for printed circuit board owing to the increased government funding is projected to drive the market in Asia Pacific.

Besides this, with the flourishing automotive and electronic industry in China, the  demand for circuit boards and sensors is increasing. On account of this, end users are pushing the adoption of copper coated films to enhance the product quality.

Moreover, growing penetration of smartphone in India, China, and Japan is fueling the use of these films to protect the device from heat. This is likely to bolster the growth in the market.

Market Competition

Key players operating in the global copper coated films market include Dunmore Corporation, Remtec Inc., Avery Dennison Corporation, among others.

Leading players are adopting business strategies such as acquisitions, mergers, collaborations, and partnerships to expand their consumer base. Some of the players are focusing on advancing their manufacturing technologies to improve the product line.

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Scope of Report

Report Attribute

Details

Growth Rate

~7%-9% CAGR

Base Year for Estimation

2021

Historical Data

2013-2020

Forecast Period

2022-2032

Quantitative Units

Revenue in US$ Billion, and CAGR from 2022-2032

Report Coverage

Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis

Segments Covered

  • Thickness
  • Substrate Material
  • Application
  • End-Use Industries
  • Region

Regions Covered

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Key Countries Profiled

  • U.S
  • Canada
  • Brazil
  • Argentina
  • Germany
  • U.K
  • France
  • Spain
  • Italy
  • Nordics
  • BENELUX
  • Australia & New Zealand
  • China
  • India
  • ASEAN
  • GCC
  • South Africa

Key Companies Profiled

  • Dunmore Corporation
  • Remtec Inc.
  • Avery Dennison Corporation

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Key Segments Profiled in the Copper Coated Films Market

Thickness:

  • Up to 25 Micron
  • 25-50 Micron
  • 50-100 Micron
  • More than 100 Micron

Substrate Material:

  • Polyamide (PA)
  • Polyethylene terephthalate (PET)
  • Woven and Non-Woven Fabrics
  • Others (Aluminum, etc.)

Application:

  • Lamination
  • Decoration
  • Labelling
  • Insulation

End Use Industries:

  • Automotive
  • Electrical & Electronics
  • Industrial
  • Others

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan (APEJ)
  • Japan
  • Middle East & Africa

Frequently Asked Questions

The global copper coated films market will witness healthy growth on the back of rising demand for printed circuit boards in the manufacturing and automotive sectors.

North America is anticipated to hold maximum share in the global copper coated films market due to the growing demand for electric vehicles and connected devices in the U.S.

The overall sales of copper coated films market are estimated to reach a valuation of US$ 9 Bn by the end of 2032.

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Ismail Sutaria
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Copper Coated Films Market