Copper foil tapes are ideal for cable wrapping, electrostatic shielding, and stained glass work. The tape is resistant to chemicals and may or may not include a liner. Conductive copper tape is intended to conduct electricity on both sides. This allows electrical connections to be easily created by taping numerous lengths together. On the other hand, non-conductive copper tape has just one conducting side (typically the top of the tape).
Market Drivers and Forecast
According to OMR Research, the global copper foil tape market is projected to grow at a CAGR of 6.6% during the forecast period (2023–2029). The key driver of the market is the use of copper foil tape in a variety of domestic and commercial applications. For instance, copper foil tapes are used for EMI/RFI shielding, static charge draining, HVOF masking, telecommunications, cable wrapping, solderable trim for decorative glass, and others. It is also used in DIY projects and crafts such as textured art pieces, wall art, and more. Additionally, increasing demand from the building and construction industry, electronics, and consumer goods and appliances has been a key factor driving market growth globally.
The Asia-Pacific region will have the highest market demand due to major electronics manufacturing countries such as India, China, and others. According to the Indian Ministry of Electronics & IT, in 2021–2022, India’s production of electronics was INR 640,810 crore ($80 billion). Governments are also working to boost electronics production by launching new programs and enacting new regulations. For instance, the Indian government unveiled the National Policy on Electronics 2019 with the goal of positioning India as a global hub for Electronics System Design and Manufacturing (ESDM) by empowering and driving abilities in the nation for creating core components, including chipsets, and fostering an environment that encourages the industry to compete globally.
Recent Developments
The companies in the copper foil market include 3M, Ampetronic, SIKA, VIACOR Polymer GmbH, Teraoka Tape, Chibitronics, Jans Copper, PPI Adhesive Products, and others. These market players adopt various strategies such as product launches, partnerships, collaborations, mergers, and acquisitions to sustain a strong position in the market and help meet market demand. For instance, in September 2022, an international research team led by the University of São Paulo in Brazil invented a portable copper sensor capable of detecting heavy metals such as cadmium and lead in sweat. The new solution is made of polyethylene terephthalate (PET) on top of which is a conductive flexible copper adhesive tape with the sensor printed on it, and a protective coating of nail polish or spray.