Medium and High Voltage Formed Foil Analysis Report ： the market size is projected to reach USD 3.28 billion by 2031

Formed Foils are foils treated by electrochemical anodic oxidation treatment forming dense medium oxide film on suface. Formed Foils are mainly used in the production of aluminum electrolytic capacitors.

According to voltage, formed foil can be divided into two types: low voltage, medium and high voltage. The rated dielectric withstand voltage (Vf) of Medium and High Voltage Formed Foil should be higher than 170V.

According to the new market research report “Medium and High Voltage Formed Foil - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”, published by QYResearch, the global Medium and High Voltage Formed Foil market size is projected to reach USD 3.28 billion by 2031, at a CAGR of 3.9% during the forecast period.

Figure. Global Medium and High Voltage Formed Foil Market Size (US$ Million), 2020-2031

Source: QYResearch, "Medium and High Voltage Formed Foil - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”

Market Trends
Industrial chain shifts to China: Currently, global formed foil production is mainly concentrated in China and Japan. Japanese companies have technological advantages in the mid- to high-end market. Relying on domestic energy cost advantages and a complete industrial chain, Chinese companies entered the low-end electrode foil market after 2000 and have now formed relatively sufficient production capacity. Thanks to lower energy costs, China's electrode foil production costs are generally about 20% to 30% lower than those in Japan. At the same time, after years of technology accumulation, China has produced high-quality electrode foil manufacturers such as Dongyangguang and Xinjiang Joinworld, and is gradually moving towards the mid-to-high-end market.
Production capacity will be trend to top players: In the past few years, formed foil leading companies have expanded production and their market share has gradually increased. Leading formed foil players have gradually increased their output by virtue of their scale advantages. In the future, the market will be more concentrated at the top players.
Optimize the industry structure: Power consumption restrictions and environmental protection policies are expected to further optimize the formed foil industry structure. The production of formed foil is a high-pollution and high-energy consumption process. The whole process generates wastewater of 0.13~0.19 cubic meters/square meter, and the chemical formation process consumes 50~60KWh/square meter. Stricter power restrictions and environmental protection policies will further optimize the industry structure, such as increasing pollution control costs and raising industry entry barriers.

Figure. Global Medium and High Voltage Formed Foil Top 14 Players Ranking and Market Share (Ranking is based on the revenue of 2024, continually updated)

Source: QYResearch, "Medium and High Voltage Formed Foil - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”

According to QYResearch Top Players Research Center, the global key manufacturers of Medium and High Voltage Formed Foil include Nippon Chemi-Con, Guangdong Dongyangguang Aluminum, Nantong Haixing Electronics, Nichicon, JCC, etc. In 2024, the global top five players had a share approximately 42.0% in terms of revenue.
The major production regions of Medium and High Voltage Formed Foil are China and Japan. In terms of professional manufacturers, Japanese companies are relatively advanced in technology. Japanese companies mainly sell high-end products, but they do not yet have obvious advantages in the field of mid- to low-end products. At the same time, after years of technology accumulation, China has produced high-quality electrode foil manufacturers such as Dongyangguang and Xinjiang Joinworld, and is gradually moving towards the mid-to-high-end market.
From the consumer side, Asia Pacific is the largest consumer region for Medium and High Voltage Formed Foils, accounting for about 90% of the global market share.


About The Authors
Zhang Xuelu - Analyst for this report
Email: zhangxuelu@qyresearch.com

Website: www.qyresearch.com Hot Line:4006068865
QYResearch focus on Market Survey and Research
US: +1-888-365-4458(US) +1-202-499-1434(Int'L)
EU: +44-808-111-0143(UK) +44-203-734-8135(EU)
Asia: +86-10-8294-5717(CN) +852-30628839(HK)

About QYResearch
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 17 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting (data is widely cited in prospectuses, annual reports and presentations), industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.
QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.

Contact Us:
If you have any queries regarding this report or if you would like further information, please contact us:
QY Research Inc.
Add: 17890 Castleton Street Suite 369 City of Industry CA 91748 United States
E-mail: global@qyresearch.com
Tel: 001-626-842-1666(US) 0086-133 1872 9947(CN)
EN: https://www.qyresearch.com
JP: https://www.qyresearch.co.jp