As the global industrial structure upgrade process continues to deepen, the global and domestic aluminum electrolytic capacitors and their downstream application industries are developing rapidly, which has greatly promoted the development of the upstream electronic aluminum foil and electrode foil industries. Data from the "2023 China Electronic Aluminum Foil Industry Research Report" released by the China Business Industry Research Institute shows that global demand for electronic aluminum foil will reach 165,000 tons in 2022, a year-on-year increase of 18.7%. Analysts from the China Business Industry Research Institute predict that global demand for electronic aluminum foil will increase to 184,000 tons in 2023.
With the growth in demand, the global electronic aluminum foil market size is growing year by year. Data from the "2023 China Electronic Aluminum Foil Industry Research Report" released by the China Business Industry Research Institute shows that the global electronic aluminum foil market will grow from 3.38 billion yuan in 2019 to 5.36 billion yuan in 2022, with a compound annual growth rate of 16.6%. Analysts from the China Business Industry Research Institute predict that the global electronic aluminum foil market will increase to 6.03 billion yuan in 2023.
