NEW YORK – The worldwide copper foil market size is expected to from $7.41 billion in 2023 to $14.85 billion by 2033, according to a research report published by Spherical Insights & Consulting.

The report found that the global copper foil market is expected to grow due to increased 5G internet services, low-segment models, reduced internet costs and advancements in IoT and 5G technology, with the increasing adoption of electric vehicles driving demand for copper foil-based PCBs.

However, copper foil's market growth is expected to be hindered by the availability of substitutes like aluminum transformers and graphene sheets, which offer lighter, self-cooling, and self-healing properties and are ideal for flexible circuits. Hence, these factors may impede the market growth of the global copper foil market during the forecast period.

On the basis of type, the rolled copper foil segment is anticipated to hold the greatest share of the global copper foil market during the projected timeframe, and on the basis of application, the printed circuit boards segment is anticipated to hold the greatest share of the market during the timeframe.

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