1 Global Rolled Annealed Copper Foil Market Outlook
The global Rolled Annealed Copper Foil is poised for significant growth in the coming years. In 2024, the market value is projected to reach USD 1132.31 Million, with a CAGR of 8.46% from 2024 to 2033. Rolled Annealed Copper Foil is made by roll copper into thin sheet and it is one kind of foil produced by rolled and annealed pattern, mainly used for electromagnetic shielding and antistatic. The process yields a smooth copper foil with a grain structure that is in the plane of the foil sheet. This results in a copper that has very good bending properties and therefore well suited to flexible circuit applications.
Figure Global Rolled Annealed Copper Foil Market Size and Growth Rate (2024-2033)
2 Rolled Annealed Copper Foil Market Growth Drivers and Constraints
The growth of the rolled annealed copper foil market is primarily driven by the increased demand for lithium batteries, as the emphasis on sustainable development has led to numerous policies encouraging the electric vehicle industry globally. Legislations such as the EU’s new CO2 emissions standards and the U.S. Inflation Reduction Act (IRA) are accelerating the electrification of transportation, making lithium batteries, known for their high energy density and fast charging capabilities, a crucial component of electric vehicles. Rolled annealed copper foil, with its high conductivity and thinness, serves as an ideal current collector in lithium batteries, enhancing their performance and durability. Additionally, the market is facing constraints due to raw material price fluctuations, mainly copper, which is sensitive to changes in commodity market supply and demand. Production stoppages at major copper mines, cost-cutting measures by mining companies, and the rapid growth in demand from new energy economies, particularly for electric vehicles, have led to a continuous rise in copper prices. These price fluctuations not only affect the production costs of the rolled annealed copper foil market but also create market uncertainty, making it challenging for producers and consumers to predict and plan for cost changes, thereby limiting the market growth.
3 Rolled Annealed Copper Foil Market Innovations and M&A Activities
The rolled annealed copper foil industry faces the problem of backward key production equipment, which needs to be solved through technological innovation and equipment upgrade. For example, the production of high-quality rolled copper foil with a thickness of less than 0.05mm requires high-precision equipment and advanced technology. Technological innovation includes not only the improvement of thickness control, plate shape control, and surface quality during the copper foil rolling process, but also the improvement of copper foil surface treatment technology. The improvement of these technologies helps to improve product quality and production efficiency and meet the market demand for high-quality rolled annealed copper foil. In terms of corporate activity, Wieland Rolled Products has made a significant strategic move by acquiring Concast Metal Products Co. and Randall Bearings Inc., strengthening its presence in the premium copper and copper alloy market segments in North America. This acquisition, effective from January 16, 2024, enhances Wieland’s capabilities by incorporating Concast’s extensive product and service portfolio, along with its high-performance casting operations in Mars, Pennsylvania, and Birmingham, Ohio. Meanwhile, Sumitomo Metal Mining has expanded its reach in the nickel sector by acquiring a 9.9% stake in FPX Nickel Corp., as announced on January 17, 2024. This investment not only provides Sumitomo with the right of second offer for a significant amount of nickel from the Baptiste Project but also opens opportunities for technical collaboration and a detailed evaluation of the project, aligning with Sumitomo’s Long-Term Vision to produce 150,000 tonnes of nickel per year. Additionally, JX Nippon Mining & Metals USA, Inc. has bolstered its semiconductor materials business with a $29 million land acquisition in Mesa, Arizona, as of April 4th, 2022, establishing a new base for its sputtering target operations serving North American and European markets and positioning itself as a center for advanced materials in North America.
4 Global Rolled Annealed Copper Foil Market Analysis by Type
In 2024, the global Rolled Annealed Copper Foil market revenue distribution by type was led by the 12μm segment, which accounted for a market share of 55.30%, generating a revenue of USD 626.22 million. This was followed by the 18μm segment, which held a market share of 19.84% and generated a revenue of USD 224.70 million. The 35μm segment captured a market share of 7.82%, with revenue amounting to USD 88.57 million. The ‘Others’ category, which includes other types of Rolled Annealed Copper Foil, had a market share of 17.03% and a revenue of USD 192.81 million. Collectively, these types contributed to the total market revenue of USD 1132.31 million in 2024, showcasing the diverse revenue contributions from different product types within the Rolled Annealed Copper Foil market.
Table Global Rolled Annealed Copper Foil Market Size and Share by Type in 2024
Type | Market Size in 2024 (M USD) | Market Share in 2024 (%) |
|---|---|---|
12μm | 626.22 | 55.30% |
18μm | 224.70 | 19.84% |
35μm | 88.57 | 7.82% |
Others | 192.81 | 17.03% |
5 Global Rolled Annealed Copper Foil Market Analysis by Application
In 2024, the global Rolled Annealed Copper Foil market revenue distribution by application was characterized by the following: Double-sided FPC held the largest share with a revenue of USD 559.48 million, accounting for 49.41% of the total market revenue. This was closely followed by Lithium batteries, which generated a revenue of USD 332.79 million and captured a 29.39% market share. The Single-sided FPC segment contributed USD 224.78 million, representing 19.85% of the market revenue. The ‘Others’ category, encompassing other applications, brought in USD 15.25 million, with a market share of 1.35%. These figures underscore the significant contributions of each application segment to the overall market revenue, which was estimated at USD 1132.31 million for 2024.
Table Global Rolled Annealed Copper Foil Market Size and Share by Application in 2024
Application | Market Size in 2024 (M USD) | Market Share in 2024 (%) |
|---|---|---|
Double sided FPC | 559.48 | 49.41% |
Single sided FPC | 224.78 | 19.85% |
Lithium batteries | 332.79 | 29.39% |
Others | 15.25 | 1.35% |
6 Global Rolled Annealed Copper Foil Market Analysis by Region
The specific reasons for the production and market share of Rolled Annealed Copper Foil in North America, Europe, and Asia Pacific in 2024 are as follows:
The production of Rolled Annealed Copper Foil in North America is projected to be 3,334 tons, with a market share of 5.95%. This region’s significant production and market share can be attributed to the presence of advanced manufacturing capabilities and a strong demand from industries such as electronics and automotive, which utilize copper foil in various applications like wiring harnesses, connectors, and sensors.
Europe’s production is estimated at 2,669 tons, capturing a market share of 4.76%. The region’s contribution to the global market is supported by a well-established industrial base and growing demand for copper foil in applications such as flexible printed circuit boards (FPCBs) and lithium-ion batteries.
Asia Pacific leads with the highest production at 49,190 tons, and its market share is a significant 87.79%. The dominance of this region is due to robust domestic demand, supportive policies, and a strong manufacturing base, particularly in countries like China, Japan, and South Korea. These countries have emerged as pivotal players in the rolled annealed copper foil market due to their rapid industrialization, growing adoption of electric vehicles, and the presence of major electronics manufacturers.
These regions’ production and market share are influenced by factors such as industrial demand, technological advancements, and regional economic growth, which drive the demand for Rolled Annealed Copper Foil in various applications.
Figure Global Rolled Annealed Copper Foil Production Market Share by Region in 2024
7 Top 3 Companies of Global Rolled Annealed Copper Foil Market
7.1 JX Nippon
Company Introduction and Business Overview:
JX Nippon Mining & Metals Corporation offers metal products. The Company develops, mines, smelts, refines, and markets non-ferrous such as copper, gold, and silver. JX Nippon Mining & Metals also manufactures and sells copper foils, semiconductor materials, precision-rolled coppers, copper-alloy products, and special steel products.
Products Offered:
JX Nippon offers a range of rolled annealed copper foils designed for specific applications. The HA and HA-V2 products are flexible rolled copper foils used in flexible printed circuits (FPC) for optical pickups, hard disc drives, LCD modules, and in-vehicle FPCs. These treated rolled copper foils are designed with large crystal grain and uniform crystal orientation, which provides outstanding flexibility to minimize cracking and significantly improves vibration resistance, offering high pliability due to low repulsive force.
Sales Revenue in 2024:
In 2024, JX Nippon’s revenue from Rolled Annealed Copper Foil was reported to be USD 641.55 million, maintaining its leading position in the market . This significant revenue can be attributed to the company’s comprehensive product line, which includes high-quality copper foils used in various applications such as flexible printed circuits and lithium batteries. The company’s ongoing efforts in technological innovation and its robust global sales network have contributed to this substantial revenue figure, reinforcing its status as a Tier 1 player in the Rolled Annealed Copper Foil market.
7.2 Fukuda
Company Introduction and Business Overview:
Fukuda Metal Foil & Powder Co. Ltd. manufactures and distributes metal products. The Company produces metal foils, metal powders, and other products. Fukuda Metal Foil & Powder also provides building materials, packing materials, and other products.
Products Offered:
Fukuda Metal Foil & Powder Co. Ltd. offers a product known as Very Low Profile Rolled Copper Foil [RCF-T5B], which is a standard item that has been sold for many years. This foil is treated with an ultra-fine submicron roughening process in addition to the regular roughening treatment, making it a high-quality option for applications requiring precision and consistency in copper foil surfaces.
Sales Revenue in 2024:
For the year 2024, Fukuda Corporation reported a significant financial performance with substantial increases in net sales and operating profit. This strong financial growth can be attributed to the company’s effective strategies and market demand for its Rolled Annealed Copper Foil products. The revenue from Rolled Annealed Copper Foil in 2024 was USD 98.99 million, reflecting a stable market presence and a continued demand for the company’s products in the global market.
7.3 Wieland Rolled Products
Company Introduction and Business Overview:
Wieland Rolled Products NA is the leading manufacturer and converter of copper and copper-alloy sheet, strip, foil, tube and fabricated components in North America. The company is primarily engaged in the processing of copper and copper-alloys, as well as reroll and form other metals such as stainless and carbon steel used in five primary end markets including building and construction, munitions, automotive, coinage, and electronics/electrical components.
Products Offered:
Wieland Rolled Products NA specializes in manufacturing a variety of rolled and surface-treated copper and copper alloy foils at its Thin Strip Products facility, catering to the microelectronics, energy, medical, and other industries. These high-performance copper foils are available in a broad spectrum of thicknesses and surface treatments, with capabilities ranging from 10 to over 400 microns and widths up to 920 mm. The company also offers multiple copper alloys with varying strengths, conductivities, and other properties, along with different types of low and high-profile protective and bond-enhancing surface treatments, with optional nickel plating. Wieland’s products are tailored to meet the specific needs of customers worldwide, ensuring superior quality and service in the supply of rolled copper foils.
Sales Revenue in 2024:
Wieland Rolled Products demonstrated a robust financial performance with a significant increase in revenue from Rolled Annealed Copper Foil. The company’s revenue for the 2024 was reported to be USD 77.48 million, showcasing a substantial market presence and growth in the industry. This substantial revenue can be attributed to Wieland’s leading position as a manufacturer and converter of copper and copper-alloy sheet, strip, foil, tube, and fabricated components in North America. Their extensive product portfolio, which includes a variety of rolled and surface-treated copper and copper alloy foils, caters to the microelectronics, energy, medical, and other industries, contributing to their strong revenue generation in 2024.
