The global electrostatic discharge (esd) films market share was valued at $460.40 million in , and is projected to reach $1.1 billion by , growing at a CAGR of 9.8% from to .
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The electrostatic discharge (esd) films market is segmented into and End-user.
ESD films are self-adhesive, static dissipative, and transparent polyester films that has a special coating on one side and release film on the other side. These films are applied on insulating and flat surfaces. Electrostatic discharge film is used in every package that uses static electricity control. These films are used to restrict the flow of electric charges inside packages that can cause the components or equipment to malfunction. The increasing use of these films in all electrostatic discharge packages is expected to drive the market during the forecast period. Furthermore, most electronic appliance manufacturing units have covered some parts of their equipment with these films to restrict the flow of electricity, which is predicted to be the major driving factor for the electrostatic discharge (ESD) films market size in the estimated period.
Electrostatic discharge (ESD) films are barrier protection films that are typically encased with anti-static agents in order to protect various semiconductors, electronics, and other components from physical and static discharge. Electrostatic discharge (ESD) films are used to prevent electrostatic charge on products. Furthermore, during the forecast period, the emerging trend of smaller electronic devices is expected to boost demand for electrostatic discharge (ESD) films.
However, a lack of network infrastructure, data privacy concerns, a lack of understanding, and other operational challenges & risks may stifle the market growth. Several connected devices capture personal data and track users' real-time location, putting them at risk of being used fraudulently and unlawfully by hackers and other elements, stifling progress in the coming years.
Electrostatic discharge film is used as a packaging material to protect the small electronic items from electrostatic discharge which is usually generated during friction. These films are used to restrict the flow of electric charges inside the packages, preventing components or equipment from getting hampered. A crucial reason driving electrostatic discharge films market is the growing market for smart gadgets, as well as the shrinking of such electrical devices. Another important factor encouraging the usage of ESD films is the existence of numerous standards that govern the safety of electrostatic discharge devices throughout their handling and transportation. In this sense, the electronics industry has established acknowledged standards that electronic device manufacturers can use to demonstrate reasonable conformity. As a result, such factors present a potential for the electrostatic discharge (ESD) films market growth in the approaching years.
Furthermore, most electronic appliance manufacturing companies have coated various components of their equipment with these films to restrict the flow of electricity, which is expected to be the primary driving factor for the electrostatic discharge film sub-segment in the forecast year.
The global electrostatic discharge films market is projected to suffer as a result of the pandemic. Almost all component and semiconductor manufacturing facilities were shut down during the COVID-19 epidemic as governments around the world imposed a lockdown, resulting in a major decrease in the use of electrostatic discharge films. Furthermore, through , the market for electrostatic discharge films is expected to drop as enterprises postpone infrastructure investments, cut production methods, or scale back operations.
The global electrostatic discharge films market is segmented on the basis of end-user and region. By end-user, the market has been divided into network & telecommunication industry, consumer electronics & computer peripherals, automotive industry, military & defense, healthcare, aerospace, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in this report include Smurfit Kappa Group, BASF, Desco Industries, DowDuPont, PPG Industries, TIP Corporation. Conductive Containers Inc., Elcom (UK) Ltd., Tandem Equipment Sales Inc., and Global STATCLEAN SYSTEMS.
By end-user, the market has been divided into network & telecommunication industry, consumer electronics & computer peripherals, automotive industry, military & defense, healthcare, aerospace, and others of which consumer electronics & computer peripherals sub-segment is expected to have a dominant share during the forecast period. ESD films are widely used in consumer electronics and computer peripherals to acquire and transfer electronic products. During the forecast period, the growing use of ESD packaging in consumer electronics and computer peripherals is expected to drive the electrostatic discharge (ESD) market growth.
By region, Asia-Pacific is projected to have the fastest growing market during the forecast period. The increasing use of technological devices in manufacturing and automobile industries has increased the demand for transportation and adaptive films to protect these devices from damage. As a result, electrostatic discharge films have seen an increase in demand in recent years. Asia-Pacific has the largest share of the product market due to the concentration of electronic device manufacturers in countries such as Japan, China, and South Korea.
IMPACT OF COVID-19 ON THE GLOBAL ELECTROSTATIC DISCHARGE FILMS MARKET
Furthermore, the market for electrostatic discharge films experienced a decline through as companies postponed infrastructure investments and reduced production processes, or closed down.
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By End-user
By Region
Key Market Players
PPG Industries, Conductive Containers Inc., Desco Industries, Smurfit Kappa Group, Elcom (UK) Ltd., Tandem Equipment Sales Inc., Global Statclean Systems, BASF, TIP Corporation
Analyst Review
The growth of electrostatic discharge films is primarily due to increased internet penetration and e-commerce sales of consumer electronics. Furthermore, rapid technological advancements in the automotive industry, such as cloud computing and automation, have accelerated the adoption of advanced computing systems. According to this trend, the market for ESD films in this domain is expected to grow significantly over the forecast period. As a result, all of these factors and developments are expected to impart traction for the electrostatic discharge (ESD) films market. According to the analysts, Asia-Pacific is projected to register faster growth as compared to North American and European markets.
Author Name(s) : Naga Surya Sanka | Vitika Verma
Frequently Asked Questions?
The growing use of electrostatic discharge films in a variety of end-use industries is expected to be a major driving force in the global market. ESD films are commonly used by manufacturing units to package products that will be transferred from one location to another, thereby preventing electrostatic or static electricity from damaging electronic items in transit, potentially boosting market growth in the coming years.
Electrostatic discharge films market is vastly used for the safe and secure packaging of small electronic devices.
North America is the largest regional market for electrostatic discharge (ESD) films.
The global electrostatic discharge (ESD) films market size was valued at $460.4 million in , and global electrostatic discharge (ESD) films market forecast is projected to reach $.5 million by , growing with an expected CAGR of 9.8% from to .
Smurfit Kappa Group, BASF, Desco Industries, DowDuPont, PPG Industries, TIP Corporation. Conductive Containers Inc., Elcom (UK) Ltd., Tandem Equipment Sales Inc., and Global STATCLEAN SYSTEMS are the leading market players active in the electrostatic discharge (ESD) films market.
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