Global Copper Tape Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Copper Tape Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Copper tape is a metal element, which is a thin strip of copper in appearance. The copper tape is mainly used for the production of electrical components, lamp caps, battery caps, buttons, seals, connectors, and is mainly used as electrical, thermal, and corrosion resistant equipment, such as electrical components, switches, gaskets, gaskets, electrical vacuum devices, Radiators, conductive base materials, automobile water tanks, heat sinks, cylinder fins and other parts.

Market Overview:

The latest research study on the global Copper Tape market finds that the global Copper Tape market reached a value of USD 30377.51 million in 2022. It’s expected that the market will achieve USD 35651.55 million by 2028, exhibiting a CAGR of 2.7% during the forecast period.

Impact on the supply chain

Due to the global outbreak of COVID-19, many countries and regions have adopted strict lock-in measures, and many companies have also adopted home office work. For the copper tape industry, COVID-19 has affected the supply chain and industrial chain to a certain extent. On the one hand, due to plant shutdown or reduction of production capacity, the raw material supply of copper tape will be affected. On the other hand, because the virus may spread through logistics and transportation links, the logistics inspections are more stringent, which will slow down the logistics speed and affect the delivery time and production cycle of copper tape.

Impact on downstream markets

The outbreak of COVID-19 has had a certain impact on the downstream market of copper tapes. For industrial applications, such as automotive and other manufacturing industries, due to plant shutdowns or reduced production capacity, the demand for copper tapes has fallen. However, the application of copper tape as an anti-coronavirus is gradually increasing. Copper tape is considered to have a bactericidal effect. Under the COVID-19 outbreak, copper tape is increasingly being used in door handles and other places to reduce the number of bacteria. This will lead to an increase in the demand for copper strips in the health sector. Due to the impact of COVID-19 on copper tapes, copper strip manufacturers need to adjust their production and sales strategies in time to respond to market changes.

Region Overview:

From 2023-2028, APAC is estimated to witness robust growth prospects.

Company Overview:

Wieland Group is one of the major players operating in the Copper Tape market, holding a share of 2.31% in 2023.

Wieland Group

Wieland Group manufactures fabricated metal products. The Company produces strip and sheets, sectional rods and wire, finned tubes, heat exchangers, slide bearings, coatings, and components.

Hitachi Metals

Hitachi Metals manufactures a wide range of specialty steel and metal products, including industrial machinery, magnetic and electronic materials and parts, and aluminum castings and wheels. The Company's products are marketed to a variety of users including the automobile, aerospace, nuclear, and computer industries worldwide.

Segmentation Overview:

Among different product types, 0.5~1mm segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Electronics segment occupied the biggest share from 2018 to 2022.

Electronics

Copper tape has many applications in electronics, from creating low-profile traces for electronic components to radio frequency shielding and antenna manufacturing. Copper tape is even used to connect objects together with solder.

Automotive

In the automotive field, copper tapes can be used to resist damage from moisture, ultraviolet rays and many chemical substances.

Agriculture

In the agricultural field, copper tapes can be used for potted plants, fruit tree trunks, and other trees and shrubs to control mollusks such as snails and slugs. This is because mollusks use hemocyanin to transport oxygen and are very sensitive to copper. If the copper content is too much, mollusks are restricted in transporting oxygen, which affects their actions.

Key Companies in the global Copper Tape market covered in Chapter 3:

Metelec
Ampetronic
Kemtron
Poongsan Corporation
Naikos Industrial
AZNM
Chinalco
Kobe Steel
3M
Fullway
Hitachi Metals
Anhui Truchum
Krishna Copper
Heze Guangyuan
Wieland Group
JX Nippon
Amity Copper
Aurubis AG
Jans Copper
Fukuda

In Chapter 4 and Chapter 14.2, on the basis of types, the Copper Tape market from 2018 to 2029 is primarily split into:

Below 0.1mm0.1~0.5mm0.5~1mm
Above 1mm

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Copper Tape market from 2018 to 2029 covers:

Electronics
Automotive
Agriculture
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)