Insight
Copper demand prospects are strengthening as EV uptake gathers pace. How is the semis industry responding?
Report summary
End-use copper demand from passenger electric vehicles (EVs) is estimated to increase exponentially over the next decade. A large part of this incremental copper demand will be in the form of electrodeposited (ED) copper foil, as consumers switch from internal combustion engine vehicles to EVs. Consequently, we are seeing a flurry of investments and expansions in the copper foil business as demand from EV battery manufacturers gathers pace. Wood Mackenzie estimates that in 2021 alone at least 1 Mtpa worth of ED copper foil manufacturing capacity announcements were made, with completions scheduled over the next 5-7 years.
Table of contents
- Overview
- Basics to copper foil: manufacturing, usage and technology trends
- Emerging investment destinations and market structure
- Heightened competition for high-grade scrap?
Tables and charts
This report includes 3 images and tables including:
- Total copper foil exports from major countries
- Upcoming and recently commissioned foil plants in World ex-China
- Summary of select recent copper foil developments in China
What's included
This report contains:
