Top 10 Companies in the Electronic Copper Foil Market (2025): Market Leaders Driving Innovation in PCBs and Lithium Batteries

In Business Insights
October 02, 2025

The Global Electronic Copper Foil Market was valued at USD 7.12 Billion in 2022 and is projected to reach USD 11.45 Billion by 2029, growing at a Compound Annual Growth Rate (CAGR) of 7.1% during the forecast period (2023–2029). This growth is being driven by surging demand for printed circuit boards (PCBs) in consumer electronics, the rapid expansion of electric vehicles (EVs) requiring high-performance lithium-ion batteries, and advancements in 5G infrastructure that rely on superior electromagnetic shielding materials.

The USA market for the Global Electronic Copper Foil market is estimated to increase from USD 1.20 Billion in 2022 to reach USD 2.00 Billion by 2030, at a CAGR of 6.5% during the forecast period of 2023 through 2030.

The China market for the Global Electronic Copper Foil market is estimated to increase from USD 3.50 Billion in 2022 to reach USD 6.00 Billion by 2030, at a CAGR of 7.9% during the forecast period of 2023 through 2030.

The Europe market for the Global Electronic Copper Foil market is estimated to increase from USD 1.00 Billion in 2022 to reach USD 1.80 Billion by 2030, at a CAGR of 6.8% during the forecast period of 2023 through 2030.

Electronic copper foil is a special nonferrous metals processing product, one of the important fundamental materials for copper clad laminates (CCL), PCB, and lithium battery manufacture. As the electronics and energy storage industries transform toward higher efficiency, miniaturization, and sustainability, the focus shifts to key manufacturers who are advancing production techniques, material properties, and supply chain reliability. In this blog, we profile the Top 10 Companies in the Electronic Copper Foil Market—a blend of established Japanese firms, innovative Asian players, and global specialists shaping the future of high-tech manufacturing.


🔟 1. Fukuda (Furukawa Densetsu)

Headquarters: Tokyo, Japan
Key Offering: Electrolytic Copper Foil, Rolled Copper Foil for PCBs and Batteries

Fukuda stands as a veteran in the electronic copper foil sector, renowned for its high-precision electrolytic foils used extensively in multilayer PCBs for smartphones and automotive electronics. With decades of experience, the company supplies major electronics assemblers worldwide, emphasizing ultra-thin foils that support the trend toward compact devices. Their production facilities in Japan and Asia ensure consistent quality, meeting stringent standards for adhesion and thermal resistance.

Innovation Initiatives:

  • Development of low-profile copper foils to reduce signal loss in high-frequency applications
  • Investments in R&D for battery-grade foils with enhanced tensile strength
  • Collaborations with semiconductor firms to integrate foils in advanced packaging

Download FREE Sample Report: Electronic Copper Foil Market – View in Detailed Research Report


9️⃣ 2. Furukawa Electric Group

Headquarters: Tokyo, Japan
Key Offering: High-Tensile Rolled Copper Foil, Electrolytic Foil for Lithium Batteries

Furukawa Electric Group operates on a global scale, providing copper foils that are critical for the anode current collectors in lithium-ion batteries powering EVs and renewable energy systems. Their foils are engineered for superior uniformity and low roughness, which improves battery performance and longevity. The group’s integrated supply chain from mining to fabrication allows them to respond swiftly to market demands in Asia and Europe.

Innovation Initiatives:

  • Advancements in reverse-treated foils for better adhesion in high-density interconnects
  • Expansion of production capacity for EV battery applications
  • Focus on eco-friendly manufacturing processes to minimize environmental impact

8️⃣ 3. Mitsui Mining & Smelting Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Electrolytic Copper Foil, Standard and High-End Variants for PCBs

Mitsui Mining & Smelting leverages its expertise in nonferrous metals to produce electronic copper foils that meet the rigorous requirements of the telecommunications and computing sectors. Their products feature excellent etchability and heat resistance, making them ideal for 5G base stations and data centers. With a strong presence in North America and Asia, Mitsui continues to innovate in foil thickness reduction to support next-generation miniaturization.

Innovation Initiatives:

  • Research into copper foils with improved dielectric properties for flexible electronics
  • Partnerships with PCB manufacturers for customized foil solutions
  • Commitment to sustainable sourcing of raw copper

7️⃣ 4. NPC (Nippon Denkai, Ltd.)

Headquarters: Tokyo, Japan
Key Offering: Ultra-Thin Electrolytic Copper Foil, Foils for High-Frequency PCBs

NPC specializes in advanced electrolytic copper foils tailored for high-speed signal transmission in PCBs used in servers and networking equipment. Their foils exhibit low surface roughness, which is essential for reducing insertion loss in high-frequency circuits. Operating primarily in Japan with exports to global markets, NPC invests heavily in precision engineering to keep pace with the evolving demands of AI and IoT devices.

Innovation Initiatives:

  • Introduction of foils with enhanced oxidation resistance for automotive applications
  • Scaling up production for 5G and beyond infrastructure
  • Development of recyclable foil variants to align with circular economy principles

Download FREE Sample Report: Electronic Copper Foil Market – View in Detailed Research Report


6️⃣ 5. LS Mtron Ltd.

Headquarters: Seoul, South Korea
Key Offering: Rolled Copper Foil, Battery Foil for EVs

LS Mtron, part of the LS Group, is a prominent supplier of rolled copper foils optimized for lithium-ion battery anodes, serving major EV producers in Asia. Their foils provide high mechanical strength and flexibility, crucial for the demanding conditions in electric powertrains. With manufacturing bases in Korea and China, the company focuses on cost-effective production while maintaining high purity levels.

Innovation Initiatives:

  • Enhancement of foil thickness uniformity for improved battery efficiency
  • Collaborative R&D with battery makers for next-gen solid-state applications
  • Expansion into flexible PCB foils for wearable technology

5️⃣ 6. ILJIN Materials Co., Ltd.

Headquarters: Seoul, South Korea
Key Offering: Electrolytic and Rolled Copper Foil for Batteries and PCBs

ILJIN Materials has carved a niche in producing high-performance copper foils for energy storage, particularly for high-capacity lithium batteries used in consumer electronics and grid storage. Their advanced electrodeposition technology results in foils with minimal impurities, boosting overall battery safety and cycle life. As a key player in the Korean market, ILJIN supplies global leaders in the EV space.

Innovation Initiatives:

  • Production of ultra-thin foils (under 6 microns) for compact battery designs
  • Investments in nanotechnology for surface treatment improvements
  • Strategic alliances to develop foils for renewable energy applications

4️⃣ 7. Chang Chun Group (Nan Ya Plastics)

Headquarters: Taipei, Taiwan
Key Offering: Electrolytic Copper Foil, Foils for CCL and PCBs

Chang Chun Group, through its subsidiary Nan Ya Plastics, is a major force in the Taiwan-centric supply chain for electronic materials, offering copper foils that form the backbone of CCL production for motherboards and displays. Their foils are prized for excellent laminating properties and resistance to warping during high-temperature processes. The group’s vertical integration ensures reliable delivery to downstream electronics assemblers.

Innovation Initiatives:

  • Advancements in low-roughness foils for high-speed data transmission
  • Expansion of capacity to meet rising PCB demand in semiconductors
  • Focus on green chemistry in foil manufacturing

3️⃣ 8. Tongling Nonferrous Metals Group

Headquarters: Tongling, Anhui, China
Key Offering: Rolled and Electrolytic Copper Foil for Batteries

Tongling Nonferrous Metals Group dominates the Chinese market with large-scale production of copper foils for lithium batteries, supporting the country’s ambitious EV goals. Their facilities produce high-volume, cost-competitive foils with consistent thickness, essential for mass-market applications. As China leads in battery manufacturing, Tongling’s output directly fuels the global shift to electrification.

Innovation Initiatives:

  • Development of high-strength foils for fast-charging batteries
  • Integration with domestic supply chains for raw materials
  • R&D in anti-corrosion treatments for marine and harsh environments

2️⃣ 9. Shandong Jinbao Electronics Co., Ltd.

Headquarters: Yantai, Shandong, China
Key Offering: Electrolytic Copper Foil for PCBs and Shielding

Shandong Jinbao Electronics is a rising star in China’s electronic materials landscape, specializing in copper foils for electromagnetic shielding in mobile devices and automotive sensors. Their products offer superior shielding effectiveness, helping manufacturers comply with EMC standards. With rapid capacity expansions, Jinbao is positioning itself as a vital supplier amid the boom in connected devices.

Innovation Initiatives:

  • Optimization of foils for 5G antennas and radar systems
  • Investments in automated production for quality consistency
  • Exploration of bio-based additives for sustainable foils

Download FREE Sample Report: Electronic Copper Foil Market – View in Detailed Research Report


1️⃣ 10. HuiZhou United Copper Foil Electronic Material Co., Ltd.

Headquarters: Huizhou, Guangdong, China
Key Offering: High-End Electrolytic Copper Foil for Batteries and PCBs

HuiZhou United Copper Foil tops the list as a leading innovator in precision copper foils, serving premium segments like high-end EVs and aerospace electronics. Their advanced foils feature nanoscale surface engineering for optimal electrolyte wetting in batteries, enhancing energy density. With state-of-the-art facilities in southern China, the company exports to over 30 countries, driving technological frontiers in the sector.

Innovation Initiatives:

  • Pioneering ultra-low profile foils for 100G+ networking
  • Collaborations with global battery giants for customized solutions
  • Commitment to carbon-neutral production by 2030

Read Full Report: Electronic Copper Foil Market – View in Detailed Research Report


🌍 Outlook: The Future of Electronic Copper Foil Is Thinner, Stronger, and Greener

The electronic copper foil market is experiencing transformative growth. While traditional electrolytic foils remain dominant, the sector is pouring resources into ultra-thin variants, advanced surface treatments, and sustainable production methods to meet the needs of EVs, 5G, and IoT.

Because of the exponential rise in data consumption and electrification, demand for high-performance foils is outpacing supply in key regions like Asia-Pacific. However, supply chain disruptions from raw material shortages and geopolitical tensions have highlighted the need for diversified sourcing. Furthermore, as manufacturers prioritize environmental responsibility, innovations in recycling and low-energy processes are gaining traction.

The Rolled Copper Foil segment is expected to reach significant volumes by 2029, driven by its flexibility in battery applications, while Electrolytic variants continue to lead in PCB precision. In applications, Lithium-ion Batteries now account for the largest share, fueled by global net-zero targets, followed closely by Printed Circuit Boards as electronics miniaturize.

Regionally, China remains the powerhouse, commanding over 40% of global production due to its battery ecosystem. North America and Europe are catching up through investments in domestic manufacturing to reduce reliance on imports, supported by policies like the U.S. Inflation Reduction Act.

📈 Key Trends Shaping the Market:

  • Rapid capacity expansions in Asia to support EV battery megafactories
  • Regulatory mandates for higher recycling rates in electronics waste
  • Digital twins and AI optimization in foil manufacturing processes
  • Strategic alliances between foil producers and end-users for co-development

Challenges persist, including volatile copper prices influenced by mining output and the Russia-Ukraine conflict’s ripple effects on commodities. Yet, opportunities abound in emerging applications like flexible electronics and solid-state batteries, where specialized foils will play a pivotal role.

Read Full Report: Electronic Copper Foil Market – View in Detailed Research Report

The companies profiled here are not only supplying the essential materials for modern technology—they’re pioneering the innovations that will power the connected, electrified world of tomorrow.