Copper Foil Market Size, Growth Insight, Share, Trends, Industry Key Players, Regional Forecast To 2027
The global copper foil market size is projected to reach USD 10,375.6 million by 2028, exhibiting a CAGR of 7.9% during the forecast period. According to a recent report by Fortune Business Insights™ , titled “ Copper Foil Market Size , Share & COVID-19 Impact Analysis, By Application (Circuit Boards, Batteries, Electromagnetic Shielding, and Others) and Regional Forecast, 2021-2028”, the value of the market stood at USD 5,703.0 million in 2020. Increasing Smartphone Adoption to Favor Market Growth Economic growth and development in several countries can be seen in the soaring demand for electronic products, especially smartphones, over the last decade. A 2019 survey by Pew Research Center revealed that over 5 billion people around the globe own mobile devices and more than 50% of these are smartphones. Further, a GSMA report cited by the World Economic Forum in 2019 predicts that by 2025 global smartphone ownership will rise to 79% from the current 60%. Growing