Friday, August 17, 2018

Stringent Environmental Concerns, Evolution in Electric Vehicles and PCB’s to Drive Copper and Copper Alloy Foils Market in Europe: Ken Research

Electro-deposition and rolled annealing are the two major processes used in manufacturing copper and copper alloys into thin sheets and foils. Copper and copper alloy foils are flat rolled copper sheets and its corresponding alloys, which are manufacture using different processes such as rolling, hammering and electrolysis. Copper alloy foils possess exclusive properties such as conductivity, malleability and flexibility which propel in wide consumption in many industries. Almost all copper alloy foils are available in various thicknesses ranging from 0.025 mm to 5 mm, depending on the end user applications.
Electrical, electronics, automotive, decorative and others industries use cooper and copper alloy foils. However, electronics and electrical industry in Europe are the largest consumers of copper and copper alloys foils because of its wide applications in the manufacturing of PCB (Printed Circuit Boards). Copper and copper alloys foils possess attractive characteristics compared to other metallic foils with good conductivity, malleability and flexibility. PCB, lithium batteries, radiator materials and others products are manufacture using copper and copper alloys foils. They are demanded in the manufacture of electronic devices such as PCB which is an important component for operation of any electronic devices where thin copper foils are adopted in the manufacturing process. Furthermore, the introduction of electric vehicles in Europe has led to more consumption of copper and copper alloys foils.
According to the study “Europe Copper and Copper Alloy Foils Industry Situation and Prospects Research report”, with abundant deposits as well as supply of copper as raw materials and a huge number of PCB manufacturing units, the market for copper and copper alloys foils in Europe is experiencing a drastic growth. Rapid urbanization and increasing disposable income are the major factors driving the growth of copper and copper alloy foils in Europe. Geographically, Europe’s copper and copper alloys foils market is spread across Germany, Russia, UK, France, Italy and others. The leading players in Europe’s copper and copper alloys foils market are Amari Copper Alloys, Global Brass and Copper Holdings, Arcotech Ltd, Civen Metal Material (Shanghai) Co, JX Nippon Mining & Metals Corporation, Carl Schlenk AG, and Les Lamineries Matthey SA.
European stringent legislations related to pollution bolstered the prevalence of electric vehicles in abundance. The electrical automobile industry consumes large quantity of copper foils in the manufacturing of lithium batteries for electric vehicles. Therefore, growth of electric vehicles in Europe is coupled with the growth in copper and copper alloy foils market. Copper and copper alloys foils market in Europe is categorized based on types such as copper foil, brass foil, bronze foil, copper nickel foil and others.
Copper and copper alloy foils market in Europe is expected to expand at a healthy pace due to increasing demand from electrical and electronic industries. Increasing demand and consumption of copper and copper alloy foils in automotive industry is also an additional advantage to drive the growth in the European market. Increasing demand for copper foils in PCBS (Printed Circuit Boards), increasing manufacture of Lithium-Ion batteries, rapid industrialisation and urbanisation in has targeted the European market. The availability of substitutes for copper and copper alloy foils coupled with environmental regulations will definitely hinder Europe’s copper and copper alloy foils market growth over the next few years.
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