The Market Reports

Synopsis

The global market for Multi-gauge Strips was estimated to be worth US$ 1080 million in 2024 and is forecast to a readjusted size of US$ 1520 million by 2031 with a CAGR of 4.8% during the forecast period 2025-2031.

Multi-gauge strips are used as electronic materials and terminal materials like lead frame for power IC or high current terminal material because of their conductivity and heat dissipation properties of a thick plate portion as well as workability of a thin plate portion.
The more the demand for high conductivity increaes, the demand for this items as well will be expected to grow.

In terms of consumption, China is currently the world's largest consumer market, with a market revenue share of 48%, followed by Taiwan and Japan, with 19% and 18% respectively. At present, the production capacity and end users of special-shaped copper strips are mainly concentrated in Asia, with the main market in China. Because of the growth in demand for electronic products in China, especially the rectification and inverter circuits of automobiles, solar energy, wind power, LED, and new energy vehicles are facing huge development, which has brought about the growth of China's special-shaped copper strip production capacity and demand.

From the production side, China, Japan, Europe and South Korea are the main production areas, with China and Japan accounting for 47% and 27% of the market share respectively.

From the perspective of product type, copper alloys occupy an important position. At the same time, in terms of application, the lead frame revenue share is about 86%. Special-shaped copper strips are mainly used as semiconductor lead frames, and they bear important responsibilities such as stabilizing chips, conducting signals, and transmitting heat. Therefore, they need to have high heat resistance, corrosion resistance, electrical conductivity, and thermal conductivity. As integrated circuits develop towards miniaturization, thinness, lightness, and multifunctionality, high-strength and high-conductivity lead frame materials are gradually becoming the mainstream of the market. The market is relatively concentrated, and the main manufacturers are Mitsubishi Materials, Wieland, Xinke New Materials, Poongsan, Tongling Nonferrous Metals Group, Protere Metals, Jinchuan Group, and Kobelco. The top five revenue market share is about 45%.

This report aims to provide a comprehensive presentation of the global market for Multi-gauge Strips, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Multi-gauge Strips by region & country, by Type, and by Application.

The Multi-gauge Strips market size, estimations, and forecasts are provided in terms of sales volume (Tons) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Multi-gauge Strips.

Market Segmentation

By Company

• Mitsubishi Materials
• Wieland
• Proterial Metals
• Kobelco
• Poongsan
• Jinchuan Group
• Xinke New Materials
• Tongling Nonferrous Metals Group
• Chinalco Luoyang Copper Processing
• CNMC Albetter Copper

Segment by Type

• Copper Alloy
• High-purity Copper

Segment by Application

• Lead Frame
• Connector
• Others

Segment by Region

• North America: United States, Canada, and Mexico
• Europe: United Kingdom, Germany, France, Spain, Italy, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, and Rest of Asia Pacific
• Middle East & Africa: Saudi Arabia, South Africa, and Rest of MEA
• Latin America: Brazil, Argentina, and Rest of Latin America

*If you need a regional or country-specific version, or customized segmentation, we can tailor the report to your requirements.