The Global Electrodeposited Copper Foils Market was valued at USD 6.72 Billion in 2024 and is projected to reach USD 10.45 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 6.5% during the forecast period (2024–2032). This robust growth is propelled by soaring demand from the electronics industry, the global transition to electric vehicles, and significant advancements in 5G communication infrastructure.

As the backbone of modern electronics, electrodeposited copper foils are critical components in everything from smartphones and laptops to electric vehicle batteries. In this blog, we profile the Top 10 Companies in the Electrodeposited Copper Foils Industry—a dynamic mix of established material science giants and innovative manufacturers shaping the future of connectivity and energy storage.

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

Headquarters: Tokyo, Japan
Key Offering: Ultra-Thin ED Copper Foils, High-Temperature Elongation Foils, Battery Foils

Mitsui Mining & Smelting stands as the global leader in the electrodeposited copper foils market, holding an approximate 18% market share. The company is renowned for its advanced foil production technology and strong presence across Asian and international markets. Its products are essential for high-density interconnect (HDI) printed circuit boards and next-generation lithium-ion batteries.

Innovation & Expansion Initiatives:

• Recent announcement of a $120 million expansion of its Japanese production facilities

• Pioneering the development of ultra-thin foils below 5μm for flexible electronics

• Strategic partnerships with major EV battery manufacturers for customized solutions

Download FREE Sample Report: Electrodeposited Copper Foils Market – View in Detailed Research Report

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9️⃣ 2. JX Nippon Mining & Metals Corporation

Headquarters: Tokyo, Japan
Key Offering: Standard and Specialty ED Foils, Reverse-Treated Foils, Low-Profile Foils

JX Nippon Mining & Metals is a key player with vertically integrated operations from copper mining to high-value foil production. The company is a major supplier to the global PCB industry, with a strong focus on R&D to meet the evolving demands for higher frequency and thermal performance in electronic devices.

Innovation & Expansion Initiatives:

• Increased R&D spending by over 15% annually to develop advanced foil formulations

• Expansion of production capacity for high-performance foils used in 5G infrastructure

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8️⃣ 3. Furukawa Electric Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Micro-thin ED Foils, High-Performance Battery Foils, Surface-Treated Foils

Furukawa Electric leverages its expertise in materials science to produce cutting-edge electrodeposited copper foils. The company specializes in foils for advanced applications, including automotive electronics and high-frequency communication equipment, with a strong emphasis on quality and consistency.

Innovation & Expansion Initiatives:

• Development of foils with nano-roughened surfaces for superior adhesion in HDI PCBs

• Investment in Industry 4.0 technologies to enhance production yield and quality control

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7️⃣ 4. Nan Ya Plastics Corporation

Headquarters: Taipei, Taiwan
Key Offering: Standard ED Foils, Lithium Battery Copper Foils, Electrodeposited Copper Foil for PCB

As part of the Formosa Plastics Group, Nan Ya Plastics is a major force in the electrodeposited copper foil market, particularly in the Asia-Pacific region. The company benefits from a vertically integrated business model, supplying a wide range of foil grades to the electronics and battery industries.

Innovation & Expansion Initiatives:

• Significant capacity expansions in Taiwan and China to meet growing EV battery demand

• Focus on producing cost-competitive foils for mass-market electronics applications

Download FREE Sample Report: Electrodeposited Copper Foils Market – View in Detailed Research Report

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6️⃣ 5. Circuit Foil Luxembourg S.A.

Headquarters: Luxembourg City, Luxembourg
Key Offering: High-Quality ED Foils, Foils for Automotive Electronics, Specialized Surface Treatments

Circuit Foil Luxembourg is a prominent European manufacturer known for its high-quality electrodeposited copper foils. The company serves a global clientele with a focus on the automotive, industrial, and telecommunications sectors, emphasizing technical support and product reliability.

Innovation & Expansion Initiatives:

• Development of foils meeting stringent automotive industry standards for reliability

• Investment in sustainable production processes to reduce environmental impact

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5️⃣ 6. Kingboard Copper Foil Holdings Ltd.

Headquarters: Hong Kong
Key Offering: ED Foils for PCBs, Flexible Copper Clad Laminates, Battery Anode Foils

Kingboard Copper Foil is a significant player with a strong manufacturing base in Mainland China. The company has rapidly expanded its market presence through aggressive pricing and capacity growth, becoming a key supplier for the region’s booming electronics and EV battery markets.

Innovation & Expansion Initiatives:

• Strategic collaborations with EV battery makers for fast-charging battery foil solutions

• Continuous capacity increases, reporting significant year-over-year production growth

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4️⃣ 7. LS Mtron Ltd.

Headquarters: Anyang, South Korea
Key Offering: Ultra-Thin ED Foils, Foils for IC Substrates, High-Frequency Application Foils

LS Mtron, a subsidiary of the LS Group, is a leading South Korean producer of electrodeposited copper foils. The company is heavily invested in the high-growth segments of electric vehicles and advanced electronics, leveraging South Korea’s strong position in the global tech supply chain.

Innovation & Expansion Initiatives:

• R&D focus on foils for next-generation semiconductor packaging and IC substrates

• Expansion initiatives targeting the increasing demand from Korean battery and electronics giants

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3️⃣ 8. Jiangxi Copper Corporation

Headquarters: Guixi, China
Key Offering: Standard and Custom ED Foils, High-Performance Electronic Copper Foils

As one of China’s largest copper producers, Jiangxi Copper has a formidable position in the electrodeposited copper foil market. The company leverages its access to raw materials and government support to compete aggressively on price and scale, reporting a 32% year-over-year growth in foil production in 2023.

Innovation & Expansion Initiatives:

• Massive government-backed capacity expansions to secure domestic supply chain independence

• Investment in upgrading foil quality to compete in international high-end markets

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2️⃣ 9. Guangdong Chaohua Technology Co., Ltd.

Headquarters: Jieyang, China
Key Offering: Lithium Battery Copper Foils, PCB Copper Foils, High-End Electronic Copper Foils

Guangdong Chaohua Technology is a rapidly growing Chinese manufacturer focusing on both standard and high-end electrodeposited copper foils. The company is capitalizing on the explosive growth of China’s EV and electronics sectors, making significant investments in new production lines.

Innovation & Expansion Initiatives:

• Focus on lithium battery copper foils, a segment with exceptionally high growth rates

• Technological upgrades to improve product consistency and performance characteristics

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1️⃣ 10. Targray Technology International Inc.

Headquarters: Kirkland, Quebec, Canada
Key Offering: Battery Grade Copper Foils, High-Purity ED Foils, Supply Chain Solutions

Targray operates as a global supplier of advanced materials, including high-purity electrodeposited copper foils for the battery industry. While not a primary manufacturer, the company plays a crucial role in the supply chain, providing quality-assured materials and logistical support to battery producers worldwide.

Innovation & Expansion Initiatives:

• Strategic sourcing and quality assurance for the rapidly expanding North American EV battery market

• Development of comprehensive supply chain solutions for battery manufacturers

Read Full Report: Electrodeposited Copper Foils Market – View in Detailed Research Report

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🌍 Outlook: The Future of Electrodeposited Copper Foils is Thinner, Smarter, and More Sustainable

The electrodeposited copper foils market is undergoing a profound transformation. While traditional applications in PCBs continue to drive volume, the industry is racing to develop advanced foils for electric vehicle batteries, 5G infrastructure, and next-generation electronics.

📈 Key Trends Shaping the Market:

• Rapid capacity expansion for battery foils, particularly in China and Southeast Asia

• Intensifying R&D focus on ultra-thin foils (below 5μm) for miniaturized electronics

• Growing emphasis on sustainable production methods and circular economy principles

• Strategic alliances between foil producers and battery/electronics giants for co-development

Read Full Report: Electrodeposited Copper Foils Market – View in Detailed Research Report

The companies listed above are not only supplying a critical material for modern technology—they’re enabling the digital and energy transition that is reshaping our world.