The Global High Purity ED Nickel Foil Market was valued at USD 32.26 Million in 2025 and is projected to reach USD 52.18 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 6.8% during the forecast period (2026–2034). Global sales of High Purity ED Nickel Foil were approximately 780 tons in 2025, with an average price of 45.3 USD/kg. This growth trajectory is fueled by the escalating demand from the lithium-ion battery sector for electric vehicles and consumer electronics, alongside increasing applications in electromagnetic interference (EMI) shielding for 5G infrastructure and advanced aerospace systems.

As the global push for electrification and miniaturization intensifies, the demand for high-performance materials with precise specifications is paramount. High Purity ED (Electrodeposited/Electroformed) Nickel Foil, characterized by its exceptional purity (typically Ni ≥ 99.9%), uniform thickness, and superior mechanical properties, sits at the heart of this technological evolution. In this blog, we profile the Top 10 Companies in the High Purity ED Nickel Foil Industry—specialized manufacturers and key suppliers who are enabling innovation across next-generation applications.

Download FREE Sample Report:
High Purity ED Nickel Foil Market – View in Detailed Research Report

---

🔟 1. Fukuda Metal Foil & Powder Co., Ltd.

Headquarters: Kyoto, Japan
Key Offering: High Purity ED Nickel Foils (Standard, Low Profile, Roughened Types)

Fukuda Metal Foil & Powder is a globally recognized leader in the production of precision metal foils. The company specializes in electrodeposited nickel foils with tightly controlled purity levels and thicknesses, catering to the most demanding applications in the electronics industry. Its products are renowned for their consistency and reliability.

Innovation and Market Focus:

• Pioneering development of ultra-thin nickel foils for multilayer ceramic capacitors (MLCCs)

• Strong focus on R&D for battery anode current collectors

• Extensive global distribution network serving major electronic component manufacturers

---

9️⃣ 2. Avocet Materials PLC

Headquarters: Derbyshire, United Kingdom
Key Offering: High Purity Nickel Foils, Laminates, and Specialty Metal Products

Avocet Materials is a key European supplier of high-performance metal foils and laminates. The company’s high purity ED nickel foil is produced to exacting standards, making it a preferred choice for applications requiring exceptional electrical conductivity and thermal stability, such as flexible printed circuits and battery technologies.

Innovation and Market Focus:

• Expertise in producing foils for EMI/RFI shielding applications

• Strategic partnerships with aerospace and defense contractors

---

8️⃣ 3. MMC Norilsk Nickel

Headquarters: Moscow, Russia
Key Offering: High Purity Nickel (including raw materials for foil production)

While primarily a mining and smelting giant, Nornickel is a crucial player in the high-purity nickel supply chain. As one of the world’s largest producers of refined nickel, the company provides the high-grade raw material essential for manufacturing high purity ED nickel foil. Its vertical integration influences global nickel prices and availability.

Innovation and Market Focus:

• Investment in refining technologies to produce higher purity Class I nickel

• Focus on sustainable and traceable nickel production for the battery supply chain

---

7️⃣ 4. Vale S.A.

Headquarters: Rio de Janeiro, Brazil
Key Offering: High-Purity Nickel Units and Base Metals

Vale is another global mining leader whose high-purity nickel production is fundamental to the specialty metals market. The company’s nickel products are used by foil manufacturers worldwide, positioning Vale as an indispensable upstream supplier in the High Purity ED Nickel Foil industry value chain.

Innovation and Market Focus:

• Expansion of nickel production capacity to meet EV battery demand

• Commitment to reducing the carbon footprint of nickel refining processes

Download FREE Sample Report:
High Purity ED Nickel Foil Market – View in Detailed Research Report

---

6️⃣ 5. JX Nippon Mining & Metals Corporation

Headquarters: Tokyo, Japan
Key Offering: High Purity Metals, Rolled Nickel Foils, and Electronic Materials

JX Nippon Mining & Metals is a major integrated producer of non-ferrous metals and advanced materials. The company offers a range of nickel products, including high-quality foils, and has significant expertise in both rolled and electrodeposited processes, serving the electronics and energy storage sectors.

Innovation and Market Focus:

• Development of surface-treated nickel foils for enhanced battery performance

• Leading supplier to the Japanese and South Korean battery industries

---

5️⃣ 6. Hitachi Metals, Ltd.

Headquarters: Tokyo, Japan
Key Offering: Specialty Steels, Magnetic Materials, and High-Functionality Components

Hitachi Metals produces a wide array of advanced materials, including specialized metal foils. Their expertise in material science allows them to produce high purity nickel foils with specific properties tailored for demanding electronic and magnetic applications, making them a key supplier in niche markets.

Innovation and Market Focus:

• Focus on high-performance materials for next-generation power electronics

• R&D in composite materials incorporating nickel foils

---

4️⃣ 7. Sumitomo Metal Mining Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: High Purity Nickel, Copper Foils, and Advanced Materials

Sumitomo Metal Mining is a leading smelter and refiner with a strong presence in the high-purity metals market. The company’s capabilities in producing ultra-pure nickel are critical for the ED foil manufacturing process, and it actively serves the burgeoning battery materials sector.

Innovation and Market Focus:

• Strategic investments in battery material production facilities

• Development of proprietary processes for impurity control in metals

---

3️⃣ 8. LS Mtron Ltd.

Headquarters: Anyang, South Korea
Key Offering: Electrodeposited and Rolled Copper/ Nickel Foils

LS Mtron, a division of the LS Group, is a significant South Korean producer of electronic materials, including copper and nickel foils. The company has been expanding its capabilities in high-performance foils to cater to the domestic and international battery market, which is one of the fastest-growing in the world.

Innovation and Market Focus:

• Focus on foil production for lithium-ion battery applications

• Expansion of production capacity to meet EV manufacturer demand

---

2️⃣ 9. Jinchuan Group International Resources Co. Ltd.

Headquarters: Jinchang, Gansu, China
Key Offering: Nickel, Copper, Cobalt, and Precious Metals

Jinchuan Group is China’s largest producer of nickel and cobalt and a major player in the global market. As a key source of raw materials, the company’s output of high-purity nickel directly impacts the supply and pricing dynamics for ED nickel foil manufacturers, particularly within Asia.

Innovation and Market Focus:

• Vertical integration from mining to advanced material production

• Significant role in supplying the Chinese battery and EV ecosystem

---

1️⃣ 10. Gelon Lithium Group

Headquarters: Shenzhen, China
Key Offering: Battery Materials, Including Specialty Metal Foils

Gelon is a specialized Chinese company focused on materials for the lithium battery industry. While known for separators and electrolytes, its involvement in supplying or developing specialized current collectors, including nickel-based foils, positions it as an emerging and integrated supplier within the energy storage value chain.

Innovation and Market Focus:

• Integration across multiple battery material components

• Strong focus on cost-effective solutions for the mass EV market

Get Full Report Here:
High Purity ED Nickel Foil Market – View in Detailed Research Report

---

🔬 Outlook: The Future of High Purity ED Nickel Foil is Driven by Electrification

The High Purity ED Nickel Foil market is undergoing a significant transformation, propelled by the global energy transition. While traditional applications in electronics remain stable, the explosive growth in electric vehicles and renewable energy storage is creating unprecedented demand.

📈 Key Trends Shaping the Market:

• EV Battery Boom: Nickel-intensive lithium-ion battery chemistries (NMC, NCA) are dominating the EV sector, directly driving foil demand for current collectors.

• Miniaturization in Electronics: The need for thinner, higher-purity foils for components like MLCCs in 5G devices and advanced smartphones.

• Supply Chain Consolidation: A highly concentrated supplier base leads to strategic partnerships and long-term supply agreements between foil producers and battery giants.

• Technological Advancements: R&D focused on developing foils with enhanced properties, such as higher tensile strength, better surface roughness, and improved corrosion resistance.

Get Full Report Here:
High Purity ED Nickel Foil Market – View in Detailed Research Report

The companies listed above are not only supplying a critical material; they are foundational to the advancement of clean energy technologies and the digitalization of the global economy.