Market Introduction
The Europe electrode foil market is a highly fragmented market with the presence of considerable regional and local players providing numerous solutions for companies investing in the market arena. The need for lithium-ion batteries is growing notably in various parts of the region. A few of the typical applications of lithium-ion batteries include laptops, mobile, power backups, uninterruptable power supplies, consumer electronic goods, energy storage systems, and electric mobility. With the growing disposable income in many developing countries and the rising demand for tablets, personal computers, and consumer electronics products is expected to rise in coming years. Thus, the growing consumer electronics and automotive sector drives the demand for nickel, copper, and rolled copper alloy anode foils to manufacture lithium-ion batteries. Thus, the increasing requirement of uninterruptable power supplies in the manufacturing sector and growing investment in the lithium-ion batteries sector are anticipated to positively impact the Europe electrode foil market.
The automotive industry is one of the largest markets for electrode foils. The automotive sector employs distinct types of printed circuit boards (PCBs) differing in substrates or materials used and in the structure to meet the requirements of weight, space, and cost. The European automotive industry was severely affected and experienced a decline of more than ~20% in overall automotive production due to severe supply chain disruptions caused by lockdowns imposed in response to increasing number of COVID-19 confirmed cases. These disruptions impacted the demand for rigid PCBs, flex PCBs, rigid-flex PCBs, LED PCBs, and HDI PCBs used in various automotive applications such as reverse camera screens, control panels, lighting systems, brake lights, and infotainment systems. Low demand for these PCBs consequently affected the requirement for electrode foils. With decreased income levels, buyers opted to purchase essentials, such as household goods and groceries, instead of non-essentials and big-ticket purchases such as home theaters and LCD TVs. The COVID-19 pandemic compelled manufacturers to streamline their production processes to resolve unexpected disruptions and uncertain challenges such as physical distancing. However, considering increasing vaccination drives, the demand for electrode foils is expected to recover by the end of 2022, with companies investing in making operations more efficient and productive.
Strategic insights for the Europe Electrode Foil provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the Europe Electrode Foil refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.Europe Electrode Foil Strategic Insights
Europe Electrode Foil Report Scope
Report Attribute
Details
Market size in 2021
US$ 3,287.93 Million
Market Size by 2028
US$ 4,123.49 Million
Global CAGR (2021 - 2028)
3.3%
Historical Data
2019-2020
Forecast period
2022-2028
Segments Covered
By Type
By State
By Material
By Range
By Application
Regions and Countries Covered
Europe
Market leaders and key company profiles
Europe Electrode Foil Regional Insights
Market Overview and Dynamics
The electrode foil market in Europe is expected to grow from US$ 3,287.93 million in 2021 to US$ 4,123.49 million by 2028; it is estimated to grow at a CAGR of 3.3% from 2021 to 2028. Electronic systems are increasingly becoming thinner and smaller with rising storage capacity and computing power demand. The need for high-speed data communication, energy generation, miniaturization, and increased transmission and storage capability is creating drastic changes in the development of electronic components. Electrode foils are widely utilized for manufacturing advanced electronic components. Usually, an electrode foil is made of copper, aluminum, or nickel, coated with ceramic and metal particles. Such foils are utilized as current electrodes in respective electrolytic capacitors to reduce the capacitor's size and increase the output discharge. Electrolytic capacitors are required in numerous applications, including computer motherboards and power supplies where low resistance and high capacitance are needed in small volume packages. Additionally, due to the COVID-19 pandemic, many companies began work-from-home (WFH) practices wherever it was possible. Also, educational institutes, colleges, and fitness classes started streaming online. Such developments increased the need for laptops and tablets in the region. With rapidly growing consumer electronics markets in various developing countries, the Europe electrode foil market is reporting a remarkable surge.
Key Market Segments
Based on type, the cathode segment accounted for the largest share of the Europe laminated glass market in 2020. Based on state, the formed segment accounted for the largest share of the Europe laminated glass market in 2020. Based on material, the aluminium segment accounted for the largest share of the Europe laminated glass market in 2020. Based on range, the low voltage segment accounted for the largest share of the Europe laminated glass market in 2020. Based on application, the lithium-ion batteries segment accounted for the largest share of the Europe laminated glass market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the Europe electrode foil market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report Nippon Chemi-Con Corporation; Industrie De Nora S.p.A.; TDK Corporation; Targray Technology International Inc.; KDK Corporation; Nichicon Corporation; Satma Ppc; TBEA Co., Ltd. and Xinjiang Zhonghe Co., Ltd.
Reasons to buy report
Europe Electrode Foil Market Segmentation
Europe Electrode Foil Market – By Type
Europe Electrode Foil Market – By State
Europe Electrode Foil Market – By Material
Europe Electrode Foil Market – By Range
Europe Electrode Foil Market – By Application
Europe Electrode Foil Market – By Country
Europe Electrode Foil Market – Company Profiles
The Europe Electrode Foil Market is valued at US$ 3,287.93 Million in 2021, it is projected to reach US$ 4,123.49 Million by 2028.
As per our report Europe Electrode Foil Market, the market size is valued at US$ 3,287.93 Million in 2021, projecting it to reach US$ 4,123.49 Million by 2028. This translates to a CAGR of approximately 3.3% during the forecast period.
The Europe Electrode Foil Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Electrode Foil Market report:
The Europe Electrode Foil Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Electrode Foil Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Electrode Foil Market value chain can benefit from the information contained in a comprehensive market report.