The Global Copper Foil for Lithium-Ion Battery Anodes Market was valued at USD 7.82 Billion in 2023 and is projected to reach USD 21.45 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 15.5% during the forecast period (2023–2030). This explosive growth is being driven by the global transition to electric vehicles (EVs), the increasing demand for consumer electronics, and massive investments in renewable energy storage solutions like solar power plants.

As the world accelerates toward a net-zero future, the copper foil used in lithium-ion battery anodes has become a critical enabler of electrification. This thin, conductive material is fundamental to battery performance, influencing energy density, charging speed, and cycle life. In this blog, we profile the Top 10 Companies in the Copper Foil for Lithium-Ion Battery Anodes Industry—a group of global leaders and specialized manufacturers shaping the backbone of the modern battery supply chain.

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

Headquarters: Tokyo, Japan
Key Offering: High-performance Electrolytic Copper Foils for EV Batteries

Mitsui Mining & Smelting is a Japanese multinational and a cornerstone of the global copper foil market. The company produces ultra-thin and high-strength copper foils specifically engineered for high-energy-density lithium-ion batteries, serving major battery manufacturers across Asia, Europe, and North America.

Innovation and Market Strategy:

• Pioneer in developing foils as thin as 4μm for next-generation batteries
• Strategic expansions in production capacity to meet soaring EV demand
• Strong R&D focus on surface treatment technologies for enhanced adhesion

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

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9️⃣ 2. Iljin Materials Co., Ltd.

Headquarters: Seoul, South Korea
Key Offering: Ultra-thin Copper Foil, Highly Ductile Copper Foil

Iljin Materials is a South Korean specialist and a key supplier to global battery giants like LG Energy Solution and Samsung SDI. The company is renowned for its technological expertise in producing consistently high-quality, ultra-thin copper foils that are essential for compact and powerful batteries in EVs and premium electronics.

Innovation and Market Strategy:

• Leading market share in the premium ultra-thin foil segment (≤6μm)
• Continuous investment in R&D for improved tensile strength and surface roughness
• Long-term supply agreements with top-tier battery cell producers

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8️⃣ 3. Nuode Co., Ltd.

Headquarters: Dongguan, China
Key Offering: Lithium Battery Copper Foil, PCB Copper Foil

Nuode is one of China’s largest and fastest-growing producers of electrolytic copper foil. Benefiting from the country’s dominant position in the battery supply chain, Nuode has rapidly scaled its production to become a vital domestic supplier and a significant exporter, catering to the massive demand from the Asian EV market.

Innovation and Market Strategy:

• Aggressive capacity expansion to become a top global producer
• Focus on cost-competitive manufacturing for the mass EV market
• Vertical integration to ensure stable raw material supply

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

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7️⃣ 4. SK Nexilis Co., Ltd.

Headquarters: Seoul, South Korea
Key Offering: Ultra-thin Copper Foil for High-Capacity Batteries

SK Nexilis, a subsidiary of the SK Group, is a major global player with a strong focus on the high-growth EV sector. The company is executing an ambitious global expansion strategy, including new production facilities in Europe and Southeast Asia, to localize supply chains and reduce dependency on Asian imports.

Innovation and Market Strategy:

• Massive investments in overseas plants to serve European and North American OEMs
• Development of advanced foils supporting fast-charging capabilities
• Strategic partnerships with automotive and battery makers

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6️⃣ 5. Furukawa Electric Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: High-Precision Rolled Copper Foil, Electrolytic Copper Foil

Furukawa Electric brings decades of materials science expertise to the copper foil market. The company offers both rolled and electrolytic copper foils, with its rolled foil products being particularly valued for their superior surface smoothness and mechanical properties, which are advantageous for certain high-performance battery applications.

Innovation and Market Strategy:

• Expertise in both rolled and electrolytic foil production processes
• Focus on high-reliability foils for automotive-grade batteries
• R&D into foil technologies for solid-state batteries

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5️⃣ 6. Solus Advanced Materials

Headquarters: Seoul, South Korea
Key Offering: Ultra-thin and Carrier-based Copper Foils

Solus Advanced Materials is a technologically advanced manufacturer known for its innovative product portfolio. The company is at the forefront of developing carrier-based copper foils, which enable the production of extremely thin, high-performance layers critical for the next generation of batteries with higher energy density.

Innovation and Market Strategy:

• Leading innovator in carrier foil technology for sub-4μm applications
• Strong patent portfolio in advanced foil manufacturing
• Targeting partnerships with innovators in the solid-state battery space

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4️⃣ 7. JX Nippon Mining & Metals Corporation

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

JX Nippon Mining & Metals, part of the ENEOS Holdings Group, is a integrated non-ferrous metal company with a significant presence in the copper foil sector. The company leverages its expertise in metal refining to produce high-purity copper foils that meet the stringent quality requirements of the automotive industry.

Innovation and Market Strategy:

• Integration from copper smelting to high-value foil production
• Emphasis on quality control and consistency for automotive applications
• Expanding production to support the global EV battery supply chain

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3️⃣ 8. Co-Tech Development Corp.

Headquarters: Taoyuan, Taiwan
Key Offering: Lithium-Ion Battery Copper Foil, PCB Copper Foil

Co-Tech is a major Taiwanese manufacturer with a strong foothold in the global copper foil market. The company has been steadily increasing its capacity for battery foil production, capitalizing on its established manufacturing expertise and strategic location within the Asia-Pacific electronics and battery hub.

Innovation and Market Strategy:

• Diversified product line serving both battery and printed circuit board markets
• Capacity expansion projects focused on the high-growth battery segment
• Leveraging Taiwan’s advanced manufacturing ecosystem

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2️⃣ 9. Circuit Foil Luxembourg S.A.

Headquarters: Wiltz, Luxembourg
Key Offering: Copper Foils for Batteries and Electronics

Circuit Foil Luxembourg is a prominent European producer, playing a crucial role in building a regional battery supply chain. As Europe pushes for electrification, the company is strategically positioned to supply foil to the burgeoning gigafactory ecosystem on the continent, reducing logistical dependencies.

Innovation and Market Strategy:

• Key European supplier supporting the EU’s battery sovereignty goals
• Investment in sustainable production processes
• Focus on developing long-term relationships with European battery makers

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1️⃣ 10. LS Mtron Ltd.

Headquarters: Anyang, South Korea
Key Offering: Electrolytic Copper Foil for Secondary Batteries

LS Mtron, an industrial material specialist within the LS Group, is a significant South Korean producer of copper foil. The company supplies foils to major domestic battery manufacturers and is actively involved in developing advanced materials to keep pace with the evolving requirements of the energy storage industry.

Innovation and Market Strategy:

• Strong R&D capabilities focused on improving foil performance metrics
• Strategic positioning within the robust South Korean battery cluster
• Exploring new foil compositions for enhanced battery safety and longevity

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

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⚡ Outlook: The Future of Battery Copper Foil is Thinner, Smarter, and More Sustainable

The copper foil market is undergoing a rapid transformation, moving beyond its role as a basic component to become a key differentiator in battery performance. The push for higher energy density, faster charging, and improved sustainability is driving intense innovation across the industry.

📈 Key Trends Shaping the Market:

• Race to produce ultra-thin foils (≤4μm) to increase battery energy density
• Development of advanced surface treatments to improve anode adhesion and cycling performance
• Geographical diversification of production to build resilient, regional supply chains
• Increasing focus on sustainable and recycled content in copper foil manufacturing

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

The companies listed above are not only supplying a critical battery material—they are actively enabling the global electrification revolution that is transforming transportation and energy systems worldwide.