Copper Foil Market Insight on the Analysis by Essential Factors and Trends In Industry by 2030
Market Analysis The global copper foil market is predicted to touch USD 17,321.8 million at a 10.31% CAGR over the forecast period (2021-2030), as per the latest Market Research Future (MRFR) report. A copper foil, simply put, is a sheet of copper that is obtained through electrolysis, rolling, and hammering. It comes in various units of thickness resting on its application. Copper foils have a wide range of applications including cable industry, transformers, switchgear industry, radiators, heat exchangers, printed circuit board, among other applications. Various factors are propelling the copper foil market growth. These factors, as stated by the MRFR report, include growing demand for electronic gadgets and electronics, increasing demand for electric vehicles, rapid development in the electronic and electrical industry, a surge in automotive products, and increase in hybrid vehicles. Additional factors pushing market growth include rapid urbanization and industrialization, increas