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 (2025–2034). This robust growth is being driven by the explosive demand for lithium-ion batteries in electric vehicles and consumer electronics, alongside critical applications in EMI shielding and advanced circuitry.

As the global push for electrification and miniaturization accelerates, the spotlight is on the specialized material science companies that produce high-purity electrodeposited nickel foil—a vital component enabling modern technology. In this blog, we profile the Top 10 Companies in the High Purity ED Nickel Foil Industry—specialty metal producers and advanced material suppliers who are shaping the future of energy storage and electronic devices.

---

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

Headquarters: Kyoto, Japan
Key Offering: High Purity Nickel Foil, Roughened Foil, Low Profile Foil

Fukuda Metal Foil & Powder is a global leader and pioneer in the production of electrodeposited metal foils. With decades of expertise, the company supplies ultra-high purity nickel foils (Ni ≥ 99.9%) that are essential for high-performance lithium-ion battery anodes and precision electronic components. Their advanced electroforming technology allows for exceptional control over foil thickness and surface characteristics.

Innovation Initiatives:

• Development of proprietary roughened surface foils for enhanced battery electrode adhesion

• Investment in R&D for thinner foils (< 5 μm) to support battery miniaturization

• Global expansion of production capacity to meet soaring EV battery demand

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

---

9️⃣ 2. Avocet Materials PLC

Headquarters: Milton Keynes, United Kingdom
Key Offering: High Purity ED Nickel Foil, Nickel Strip, Precision Alloys

Avocet Materials is a key European supplier of high-purity nickel foils, serving the aerospace, defense, and high-end electronics sectors. The company is renowned for its stringent quality control and ability to produce foils with ultra-tight thickness tolerances, making it a preferred supplier for applications where reliability is non-negotiable.

Innovation Initiatives:

• Specialization in ultra-high purity grades (99.99% Ni) for critical aerospace and medical applications

• Focus on sustainable production processes and traceable supply chains

---

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

Headquarters: Tokyo, Japan
Key Offering: Electrodeposited Nickel Foil, Copper Foil, Electronic Materials

Mitsui Mining & Smelting is a diversified materials giant with a significant presence in the high-purity foil market. Leveraging its vertical integration from mining to advanced material processing, the company produces high-quality ED nickel foil for the global battery and electronics industries, with a strong focus on the Asian market.

Innovation Initiatives:

• Integrated supply chain from nickel refining to foil production

• R&D focused on foil for next-generation solid-state batteries

---

7️⃣ 4. JX Nippon Mining & Metals Corporation

Headquarters: Tokyo, Japan
Key Offering: High Purity Nickel Foil, Electrolytic Copper Foil, Sputtering Targets

JX Nippon Mining & Metals is a leading producer of advanced electronic materials, including high-purity ED nickel foil. The company’s strong technological foundation in metallurgy enables it to produce foils with specific microstructures tailored for optimal performance in lithium-ion batteries and high-frequency circuits.

Innovation Initiatives:

• Development of high-strength nickel foils for flexible electronics

• Strategic partnerships with major battery manufacturers in Korea and China

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

---

6️⃣ 5. Coringroup OY

Headquarters: Espoo, Finland
Key Offering: Ultra-Thin Nickel Foil, Metal-Polymer Laminates

Coringroup is a European specialty materials company known for its innovation in ultra-thin metal foils. While smaller in scale than some Asian competitors, the company has carved out a niche by producing specialized nickel foils for demanding applications in medical devices, sensors, and high-performance capacitors.

Innovation Initiatives:

• Expertise in foils below 5 μm thickness

• Custom alloy development for specific customer requirements

---

5️⃣ 6. Hitachi Metals, Ltd.

Headquarters: Tokyo, Japan
Key Offering: Specialty Steel, Electronic Materials, High Purity Nickel Products

Hitachi Metals leverages its extensive metallurgical expertise to produce high-performance nickel foils for the electronics sector. The company’s foils are valued for their consistent quality and are used in a range of applications from multilayer ceramic capacitors (MLCCs) to electromagnetic shielding.

Innovation Initiatives:

• Focus on high-temperature stability foils for automotive electronics

• Development of nickel-based composite materials

---

4️⃣ 7. Nippon Denkai, Ltd.

Headquarters: Tokyo, Japan
Key Offering: Electrodeposited Nickel Foil, Titanium-Clad Copper

Nippon Denkai is a specialist in electrodeposited metals, with a significant portion of its business dedicated to nickel foils for the battery industry. The company has been expanding its production capabilities to keep pace with the rapid growth in demand from electric vehicle manufacturers.

Innovation Initiatives:

• Capacity expansion projects focused on battery foil production

• Process innovations to improve production yield and reduce costs

---

3️⃣ 8. Circuit Foil Luxembourg

Headquarters: Luxembourg City, Luxembourg
Key Offering: Copper and Nickel Foils for Electronics

As part of a global materials group, Circuit Foil Luxembourg produces high-purity nickel foils primarily for the European electronics market. The company’s strengths lie in its ability to supply customized foil solutions for specific electronic applications, supported by strong technical service.

Innovation Initiatives:

• Tailored surface treatments for improved polymer adhesion in flexible circuits

• Investment in roll-to-roll processing technology for higher efficiency

---

2️⃣ 9. LS Mtron Ltd.

Headquarters: Anyang, South Korea
Key Offering: Copper Foil, Nickel Foil, Battery Materials

LS Mtron is a key South Korean producer of electronic materials, including electrodeposited nickel foil. The company benefits from its proximity to major battery cell manufacturers in South Korea and has been actively expanding its nickel foil business to capitalize on the regional battery boom.

Innovation Initiatives:

• Strategic focus on the lithium-ion battery supply chain

• Development of cost-competitive foils for mass-market EVs

---

1️⃣ 10. KCF Technologies Co., Ltd.

Headquarters: Seoul, South Korea
Key Offering: High Purity ED Nickel Foil, Electrolytic Copper Foil

KCF Technologies is a specialized foil producer serving the dynamic South Korean electronics and battery industries. The company has developed expertise in producing nickel foils that meet the rigorous specifications of leading consumer electronics brands and battery makers.

Innovation Initiatives:

• R&D focused on improving the mechanical properties of thin nickel foils

• Expansion into the growing energy storage system (ESS) 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 transformative phase. While traditional electronics applications continue to demand high volumes, the industry is experiencing unprecedented growth driven by the global transition to electric mobility and renewable energy storage.

📈 Key Trends Shaping the Market:

• Exponential growth in lithium-ion battery production for EVs and ESS

• Increasing demand for thinner foils (< 8 μm) to enhance battery energy density

• Rising specifications for purity and consistency in advanced electronics

• Supply chain diversification efforts to mitigate raw material price volatility

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’re enabling the technological transformation of transportation, energy, and electronics.