The Global Copper Foil for Lithium-Ion Battery Anodes Market was valued at USD 6.8 Billion in 2024 and is projected to reach USD 19.2 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 18.9% during the forecast period (2024–2030). This explosive growth is fueled by the global transition to electric vehicles (EVs), the rising demand for high-capacity energy storage systems, and the increasing adoption of ultra-thin copper foils for next-generation high-energy-density batteries.

As the backbone of lithium-ion battery anodes, copper foil is a critical component influencing battery performance, safety, and cost. The market is defined by technological innovation, with key players competing on foil thinness, purity, and production scalability. In this analysis, we profile the Top 10 Companies in the Copper Foil for Lithium-Ion Battery Anodes Industry—giants and innovators shaping the future of energy storage.

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🔟 1. Mitsui Mining & Smelting Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Electrolytic Copper Foil, Ultra-thin Foil (≤6μm)

Mitsui Mining & Smelting is a global leader in high-performance electrolytic copper foil, supplying major battery manufacturers worldwide. The company is renowned for its advanced surface treatment technologies that enhance adhesion between the foil and the anode active material, which is critical for battery longevity and cycle life.

Innovation & Expansion Initiatives:

• Pioneering development of 4μm and 5μm ultra-thin foils
• Significant capacity expansion in Japan and Southeast Asia to meet EV demand
• Strategic partnerships with leading automotive OEMs and battery cell producers

Download FREE Sample Report: Copper Foil for Lithium-Ion Battery Anodes Market – View in Detailed Research Report

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9️⃣ 2. Furukawa Electric Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: High-Purity Electrolytic Copper Foil, Bonded Foil

Furukawa Electric is a key supplier with a strong focus on the EV battery sector. The company’s expertise lies in producing foil with exceptional surface roughness control and high tensile strength, which are essential for preventing lithium dendrite formation and ensuring battery safety.

Innovation & Expansion Initiatives:

• Development of “bonded foil” technology for improved performance
• Expanding production facilities to support the global battery supply chain
• R&D focused on foil for all-solid-state batteries

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8️⃣ 3. Nuode Co., Ltd.

Headquarters: Dongguan, China
Key Offering: Lithium Battery Copper Foil, Ultra-thin Double-sided Foil

Nuode is one of China’s largest and fastest-growing producers of lithium battery copper foil. The company has secured long-term supply agreements with major Chinese battery giants like CATL and BYD, positioning it at the heart of the world’s largest EV market.

Innovation & Expansion Initiatives:

• Mass production of 4.5μm foil with plans for 3.5μm
• Aggressive capacity expansion, targeting over 100,000 tons annually by 2025
• Focus on cost-competitive manufacturing for the mass EV market

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7️⃣ 4. Iljin Materials

Headquarters: Seoul, South Korea
Key Offering: Ultra-thin Copper Foil, High-Extensibility Foil

A subsidiary of LS Mtron, Iljin Materials is a cornerstone of the South Korean battery ecosystem, supplying global leaders like Samsung SDI and LG Energy Solution. The company is known for its high-quality, consistent foils that meet the stringent requirements of premium consumer electronics and EV batteries.

Innovation & Expansion Initiatives:

• Leading producer of 6μm and 8μm foils for high-energy-density cells
• Investing in overseas production to de-risk supply chains
• Developing advanced foil for fast-charging battery applications

Download FREE Sample Report: Copper Foil for Lithium-Ion Battery Anodes Market – View in Detailed Research Report

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6️⃣ 5. SK nexilis

Headquarters: Seoul, South Korea
Key Offering: Electrolytic Copper Foil, Premium Ultra-thin Foil

SK nexilis, part of the SK Group, is making massive strategic investments to become a top-tier global supplier. Backed by the resources of a major conglomerate, the company is rapidly scaling its capacity to serve the burgeoning EV battery market in Europe and North America.

Innovation & Expansion Initiatives:

• Multi-billion dollar investment in new plants in Poland and Malaysia
• Focus on supplying SK On and other leading battery makers
• R&D into next-generation foils with enhanced conductivity and durability

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5️⃣ 6. JX Nippon Mining & Metals Corporation

Headquarters: Tokyo, Japan
Key Offering: High-Performance Copper Foil, Carrier Foils

JX Nippon Mining & Metals brings its expertise in metal processing to the battery foil sector. The company is focused on developing highly specialized foils, including carrier foils for ultra-thin deposition processes, which are critical for advancing battery technology.

Innovation & Expansion Initiatives:

• Innovation in foil surface treatment for superior anode coating
• Expanding production capabilities to cater to the high-end battery segment
• Strong focus on quality control and material purity

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4️⃣ 7. Co-Tech Corporation

Headquarters: Taoyuan City, Taiwan
Key Offering: Electro-Deposited Copper Foil, Flexible Foils

Co-Tech is a major Taiwanese player with a significant global footprint. The company supplies a wide range of copper foils for various applications, including standard and flexible lithium-ion batteries used in devices and emerging technologies.

Innovation & Expansion Initiatives:

• Continuous improvement in production efficiency and cost reduction
• Expansion of its product portfolio to include foils for larger-format EV batteries
• Strategic positioning within the Asian battery manufacturing supply chain

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3️⃣ 8. Soluable (Jiayuan Technology)

Headquarters: Anhui, China
Key Offering: Ultra-thin Lithium Battery Copper Foil

Jiayuan Technology is a rapidly growing Chinese manufacturer capitalizing on domestic EV demand. The company specializes in ultra-thin foils and is engaged in continuous technological upgrades to improve its market share against larger competitors.

Innovation & Expansion Initiatives:

• Focus on mastering the production of sub-6μm foils
• Capacity expansion to serve the fast-growing Chinese battery industry
• Investment in R&D for improved foil mechanical properties

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2️⃣ 9. Fukuda Metal Foil & Powder Co., Ltd.

Headquarters: Kyoto, Japan
Key Offering: High-Purity Copper Foil, Precision Foils

Fukuda is a specialist manufacturer with a long history in metal foils. While smaller in scale compared to the giants, the company is recognized for its high-precision, high-quality products that cater to niche, high-performance battery applications.

Innovation & Expansion Initiatives:

• Expertise in foils for specialized electronics and high-reliability applications
• Focus on custom solutions and high-value-added products
• Maintaining a reputation for quality in a competitive market

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1️⃣ 10. Circuit Foil (A Metelec Company)

Headquarters: Luxembourg, Luxembourg
Key Offering: Electrolytic Copper Foils for Batteries and PCBs

Circuit Foil, part of the Metelec Group, is a significant European producer with a global presence. The company supplies copper foil for both the printed circuit board (PCB) and battery industries, leveraging its expertise in electrodeposition processes.

Innovation & Expansion Initiatives:

• Adapting its technology from PCB foils to meet battery industry specifications
• Strategic position to supply the emerging European battery gigafactory landscape
• Investing in R&D to enhance foil performance for energy storage

Get Full Report Here: Copper Foil for Lithium-Ion Battery Anodes Market – View in Detailed Research Report

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🌍 Outlook: The Future of Copper Foil is Thinner, Smarter, and More Integrated

The copper foil market for battery anodes is at a critical inflection point. As battery energy density demands increase, the push for thinner, stronger, and more uniform foils will intensify. The industry’s trajectory is toward greater technological sophistication and deeper integration with battery cell manufacturing processes.

📈 Key Trends Shaping the Market:

• Accelerated adoption of ≤6μm ultra-thin foils to increase battery energy density
• Massive capacity expansions, particularly in Southeast Asia, Europe, and North America, to localize supply chains
• Increased R&D into foil treatments and coatings to improve fast-charging capabilities and battery cycle life
• Vertical integration, with battery makers seeking closer partnerships and joint ventures with foil producers

Get Full Report Here: Copper Foil for Lithium-Ion Battery Anodes Market – View in Detailed Research Report

The companies profiled are not just suppliers of a raw material; they are essential enablers of the global electrification movement, providing the critical foundation upon which the future of mobility and renewable energy storage is being built.