Japan Copper Foil Market

Japan Copper Foil Market Insights Forecasts to 2035

• The Japan Copper Foil Market Size Was Estimated at USD 911.4 Million in 2024
• The Market Size is Expected to Grow at a CAGR of Around 12.08% from 2025 to 2035
• The Japan Copper Foil Market Size is Expected to Reach USD 3194.7 Million by 2035

According to a research report published by Spherical Insights & Consulting, the Japan Copper Foil Market Size is Anticipated to Reach USD 3194.7 Million by 2035, growing at a CAGR of 12.08% from 2025 to 2035. The copper foil market in Japan is driven by the advanced electronics manufacturing sector, the country's leadership in creating high-tech, ultra-thin foils for next-generation gadgets, and rising demand from the electric vehicle (EV) battery industry.

Market Overview

The copper foil market consists of the production, sale, and distribution of ultra-thin copper sheets produced by either rolling or electrodeposition. Copper foil is sought for its great electrical conductivity, mechanical strength, and longevity. Copper foil is utilized in printed circuit boards (PCBs), which are prevalent in telecommunications devices like computers and mobile phones. Additionally, it is used as a material to shield electromagnetic radiation in plasma displays and in current collectors for lithium-ion secondary batteries. Japan's consumer electronics, automotive, and battery production industries rely heavily on the copper foil industry. High-density circuit boards (PCBs), flexible printed circuits, and lithium-ion batteries are all end goods that will profit from Japan's growing use of electric vehicles, 5G, and semiconductor innovation. Copper foil is a crucial component of these products. The goal of government programs like the Green Growth Strategy and the Battery Industry Strategy subsidies is to increase supply-chain resilience by supporting the production of essential battery components like copper foil. Japan will continue to lead the world in technological advancements, such as high-purity, ultra-thin foils for energy-dense and high-frequency applications. Opportunities for both domestic and international export of high-end electronic components, next-generation mobility, and renewable energy systems are expanding.

Report Coverage

This research report categorizes the market for the Japan copper foil market based on various segments and regions, and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan copper foil market. Recent market developments and competitive strategies, such as expansion, product launch, development, partnership, merger, and acquisition, have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Japan copper foil market.

Driving Factors

The copper foil market in Japan is driven by the rapid expansion of electric vehicles and energy storage systems, as copper foil serves as a key current collector in lithium-ion batteries. Japan’s strong position in advanced electronics manufacturing, including high-density PCBs, flexible circuits, and semiconductor packaging, further boosts demand for premium copper foil. The continuing deployment of 5G networks and IoT devices, developing miniaturized, high-performance components, continues to require ultra-thin foils. Government programs and subsidies to enhance the production of domestic battery materials bolster supply chain resiliency and broaden the market.

Restraining Factors

The copper foil market in Japan is mostly constrained by high production and labor costs, reliance on foreign sources for copper raw materials, and competition with a variety of low-cost Asian competitors. Environmental regulations increase operating costs, and domestic EV battery manufacturing is slower than desired, limiting growth in demand for copper foil.

Market Segmentation

The Japan copper foil market share is classified into product type and application.

• The electrodeposited copper foil segment accounted for the largest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period. 

The Japan copper foil market is segmented by product type into electrodeposited copper foil and rolled copper foil. Among these, the electrodeposited copper foil segment accounted for the largest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period.  Electrodeposited copper foil is expected to grow due to high demand for lithium-ion batteries and PCBs, an effective production of the material in volume, a solid electronics manufacturing base, and governmental support for domestic battery materials.

• The printed circuit boards segment accounted for the largest revenue share in 2024 and is expected to grow at a significant CAGR during the forecast period. 

The Japan copper foil market is segmented by application into printed circuit boards, batteries, electromagnetic shielding, and others. Among these, the printed circuit boards segment accounted for the largest revenue share in 2024 and is expected to grow at a significant CAGR during the forecast period. The printed circuit boards segment holds the largest market share due to a strong electronics industry in Japan, the continued demand for advanced HDI and flexible PCBs, trends towards minaturization, and the great depth of copper foil use in automotive and semiconductor applications.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Japan copper foil market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Mitsui Mining & Smelting Co., Ltd.
• Furukawa Electric Co., Ltd.
• Sumitomo Metal Mining Co., Ltd.
• UACJ Foil Corporation
• JX Nippon Mining & Metals Corporation
• Mitsubishi Materials Corporation
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments:

• In September 2025, JX Advanced Metals revealed a total investment of ¥7 billion to grow recycled raw material processing capacity by 50% by FY2027, beneficial to domestic supply chains for copper foils. The effort aims to help facilitate greater availability of high-purity copper feedstock for battery and PCB applications.
• In August 2025, Mitsubishi Materials reported that it was weighing the possible reduction of copper concentrate processing at the Onahama smelter due to extremely worsening treatment and refining charges (TC/RCs).
• In June 2024, Furukawa Electric initiated the manufacturing of ultra-thin copper foil aimed at the production of high-performance printed circuit boards (PCBs) for 5G and semiconductor applications. The development emphasizes the need for enhanced signal transmission and durability in miniaturized electronic parts. This aligns with Japan's increasing demand for state-of-the-art packaging and next-generation communication infrastructure.

Market Segment

This study forecasts revenue at the Japan, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Japan copper foil market based on the below-mentioned segments:

Japan Copper Foil Market, By Product Type

• Electrodeposited Copper Foil
• Rolled Copper Foil

Japan Copper Foil Market, By Application

• Printed Circuit Boards
• Batteries
• Electromagnetic Shielding
• Others

FAQ’s

Q: What is the Japan copper foil market size?

A: Japan copper foil market size is expected to grow from USD 911.4 million in 2024 to USD 3194.7 million by 2035, growing at a CAGR of 12.08% during the forecast period 2025-2035. 

Q: What are the key growth drivers of the market?

A: Market growth is driven by the rapid expansion of electric vehicles and energy storage systems, as copper foil serves as a key current collector in lithium-ion batteries. Japan’s strong position in advanced electronics manufacturing, including high-density PCBs, flexible circuits, and semiconductor packaging, further boosts demand for premium copper foil.

Q: What factors restrain the Japan copper foil market?

A: Constraints include high production and labor costs, reliance on foreign sources for copper raw materials, and competition with a variety of low-cost Asian competitors.

Q: How is the market segmented by product type?

A: The market is segmented into electrodeposited copper foil and rolled copper foil.

Q: Who are the key players in the Japan copper foil market?

A: Key companies include Mitsui Mining & Smelting Co., Ltd., Furukawa Electric Co., Ltd., Sumitomo Metal Mining Co., Ltd., UACJ Foil Corporation, JX Nippon Mining & Metals Corporation, and Mitsubishi Materials Corporation.

Q: Who are the target audiences for this market report?

A: The report targets market players, investors, end-users, government authorities, consulting and research firms, venture capitalists, and value-added resellers (VARs).