The South America electrode foil market is expected to grow from US$ 717.92 million in 2021 to US$ 1,019.97 million by 2028; it is estimated to grow at a CAGR of 5.1% from 2021 to 2028.
Electrode foil finds significant applications in solid polymer capacitors, electrolytic capacitors, lithium-ion batteries, and printed circuit boards. An aluminum foil is utilized as a positive electrode for the cathode current collector, and a copper foil is utilized as a negative electrode for the anode current collector. An electrode foil finds wide applications across various domains such as manufacturing, construction, automotive, telecommunication, food & beverages, pharmaceuticals, consumer electronics, and many more. In the construction sector, electrode foil is utilized as a top layer for insulating materials like foam insulation panels, lamellar mats, and stone wool. Aluminum foil is utilized in the pharmaceutical sector for safe transportation and storing purposes. Aluminum is highly suitable for safe transportation and storing purposes as it provides complete insulation against gases, light, germs, and moisture.
Various economic activities were partially discontinued to curb the spread of COVID-19 infection in the region. The COVID-19 pandemic affected the sales of automobiles, consumer electronics products, and home appliances in the region to a considerable extent. Lockdowns imposed in various cities compelled manufacturing site operators to suspend their operations temporarily, which led to the discontinuation of electronic parts demand during Q2 and Q3 of 2020. The decline in demand and supply-side negatively affected the market growth. The long-term consumption prospects are expected to show remarkable growth with increasing requirements for new edge technologies, including machine learning, AI deep learning, and 3D printing. These factors are anticipated to create favorable market growth in the next three to four years.
With the new advancements and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the South America electrode foil market. Electronic systems are increasingly becoming thinner and smaller with rising storage capacity and computing power demand. 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. Popular consumer electronics include laptops, mobile phones, tablets, television sets, and many other products. The requirement for home appliances, such as air conditioners, washing machines, dishwashers, and refrigerators. 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. With rapidly growing consumer electronics markets in various developing countries, the South America electrode foil market is reporting a remarkable surge.
South America Electrode Foil Market Revenue and Forecast to 2028 (US$ Million)
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South America Electrode Foil Market Segmentation
South America Electrode Foil Market – By Type
- Anode
- Cathode
South America Electrode Foil Market – By State
- Etched
- Formed
South America Electrode Foil Market – By Material
- Copper
- Aluminium
South America Electrode Foil Market – By Range
- Low Voltage
- Medium Voltage
- High Voltage
- Extra-High Voltage
South America Electrode Foil Market – By Application
- Printed Circuit Boards (PCBs)
- Solid Polymer Capacitors
- Lithium-Ion Batteries
- Electrolytic Capacitors
- Others
South America Electrode Foil Market – By Country
- Brazil
- Argentina
- Rest of South America
South America Electrode Foil Report Scope
Report Attribute | Details |
---|---|
Market size in 2021 | US$ 717.92 Million |
Market Size by 2028 | US$ 1,019.97 Million |
Global CAGR (2021 - 2028) | 5.1% |
Historical Data | 2019-2020 |
Forecast period | 2022-2028 |
Segments Covered |
By Type
|
Regions and Countries Covered | South and Central America
|
Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
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