Anti-static Films Market
Anti-static Films Market (Material: Polyethylene, Polyethylene Terephthalate, Polyvinyl Chloride; Application: Bags & Pouches, Tapes, Clamshells, Wraps, Liners, Others; End-use: Electrical & Electronics, Pharmaceutical & Medical Devices, Automotive Parts, and Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2020 - 2030
Press Release :
Anti-static films are used across industries due to the varied advantages they offer. Demand for anti-static films is especially higher in the automotive industry.
The growing production of vehicles and increasing sales prior to the COVID-19 pandemic were identified as key drivers for the market.
Analysts anticipate that the demand for vehicles, as the world inches closer to normalcy with economies reopening, is expected to reignite the demand for anti-static films in this sector.
Technological advancements and increasing purchasing are expected to fuel the demand for anti-static films in the automotive sector during the forecast period.
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Applications in Consumer Electronics to Provide Momentum
Technological advancements have consistent reduced the size of electronic circuitry. The reduction in size of components has led to reduced spacing between microscopic insulators and circuits, diminishing their sensitivity to electric static discharge (ESD).
To safeguard these components, a packaging solution like anti-static films is absolutely essential.
Thus, growing demand for consumer electronics and increasing focus on their miniaturization has led to a steady demand for anti-static films in this sector.
In the wake of the COVID-19 pandemic, the demand for consumer electronics has risen significantly as the “work for home” shift has led to BYOD in several cases.
Furthermore, increasing expenditure on personal devices for entertainment as such as gaming is expected to propel the market further.
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PE Emerges as Leading Material for Production of Anti-static Films
Research predicts that polyethylene (PE) will be the leading material used for producing anti-static films. This segment is expected to register a CAGR of 6.4% during the forecast period. The high performance nature of this material is expected to be its driving factor.
Ability of PE to withstand harsh weather conditions and its moisture-protection property is likely to fuel its uptake during the forecast period.
Furthermore, PE is available in food grade form, which makes it ideal for packers. Focus on using more of flexible packaging solutions in food, pharmaceutical, and electronics industry have resulted in a high demand for PE anti-static films.
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Preference for Flexible Packaging in Pharmaceutical Industry to Boost Market
Until recently, rigid packaging was used across pharmaceutical industry for a variety of products.
As this trend is slowly being replaced by flexible packaging materials, it has led to a significant demand for anti-static films.
For instance, flexible packaging products like bags, pouches, and sacks made of anti-static films for storing a wide range of pharmaceutical and medical products.
The rising preference for flexible packaging, particularly for high-performance applications, is expected to generate new market opportunities for anti-static films in the pharmaceutical industry.
The growing pressure on the healthcare systems, complex nature of diseases, and growing hospital admissions are projected to generate a high demand for anti-static films during the forecast period.
Region-wise Market Analysis
The research report points out that the demand for anti-static films is exceptionally high in electronics and electrical products.
As the production of these devices is the highest in emerging economies of Asia Pacific such as China and India, the region will be the key market for anti-static films.
An in-depth assessment of the same trend indicates that the demand for these films will be the highest in China as the country thrives on manufacturing of electronics.
Analysts also anticipate that the demand for anti-static films market in India will grow rapidly. Government initiatives such as “Make in India”, “Smart City”, “UDAN”, and other initiatives will give adequate boost to allied industries, which will have an indirect but positive impact on the overall market.
Investments in building smart cities and upgrading infrastructure is expected to boost the market too. For instance, projects such as One Belt One Road (OBOR) and Sagarmala Project (India) are likely to generate demand for electronic & electrical devices, which require anti-static films.
These emerging projects and plans towards building better infrastructure are expected to drive the market during the forecast period. The report suggests that Asia Pacific anti-static films market is likely to surge at a CAGR of 7.2 % between 2020 and 2030.
The some of the leading players operating in the global anti-static films market are -
- Toyobo Co., Lt
- NAN YA PLASTICS CORPORATION
- Toray Plastics (America), Inc.
- Mitsubishi Polyester Film, Inc.
- ACHILLES CORPORATION
- Klöckner Pentaplast
- Wiman Corporation
- Sekisui Film Co. Ltd.
- Kolon Industries, Inc
According to research, the anti-static films are highly preferred in the bags & pouches packaging. Hence, this application segment is expected to account for more than 45% of the market share by the end of forecast period.
In the light of this statistic, manufacturers are focussing on coming up with new packaging solutions, which use anti-static films.
For instance, anti-static tubing, zipper anti-static bags, and other convenient bags made out of anti-static films are being introduced as per consumer preference.
Analysts also anticipate that the mergers and acquisitions will be emerging trends in the global market for anti-static films.
For instance, in September 2016, Pregis Corporation acquired 3M Company’s temporary protective films business. This acquisition will provide adhesive-backed temporary protective films for automotive, construction, and electronics industry.
Anti-static Films Market – Scope of the Report
Transparency Market Research’s recent report on the Anti-static Films market, with the help of a comprehensive outlook, provides readers with an assessment of the global market landscape. This study on the Anti-static Films market analyzes the scenario for the period 2020 - 2030, wherein 2019 is the base year and 2018 is historical data. The report enables readers to make important decisions with regard to their business, through a wealth of information enclosed in the study.
This TMR study on the Anti-static Films market provides data on the developments undertaken by important players and stakeholders in the market, along with a competitive analysis. The report also provides an understanding of strengths, weaknesses, threats, and opportunities, along with trends and restraints in the landscape. Presented in a clear sanctioned manner, the report on the global Anti-static Films market gives readers an individual understanding of the market.
The study discusses the underlying trends and impact of various factors that drive the global Anti-static Films market, along with their influence on the evolution of the market.
The study also offers Porter’s Five Force Analysis, value chain analysis, key trend analysis, SWOT analysis, COVID-19 impact analysis, and technology overview of the global Anti-static Films market in order to highlight the crucial growth tactics and opportunities for market players.
Key Questions Answered in This Report on Anti-static Films Market
- How much revenue will the Anti-static Films market generate by the end of the forecast period?
- What application of Anti-static Films is likely to gain the maximum market share by 2030?
- What regions currently contribute the maximum share to the overall Anti-static Films market?
- What are the indicators expected to drive the global Anti-static Films market?
- Which region is likely to be a lucrative market during the forecast period?
- What are the essential strategies incorporated by key stakeholders in the global Anti-static Films market to expand their geographical presence?
- What are the major advancements witnessed in the global Anti-static Films market?
The report answers these questions and more about the global Anti-static Films market, aiding major stakeholders and key players in making the right decisions and strategizing for the advancement of their business.
Anti-static Films Market – Research Methodology
TMR’s report on the global Anti-static Films market is based on a complete and comprehensive evaluation of the market backed by secondary and primary sources. The competitive scenario of the global Anti-static Films market is supported by an assessment of different factors that influence the market on a minute and granular level. By thoroughly analyzing the historical data and current trends, researchers of the global Anti-static Films market arrive at predictions and estimations, and calculate the forecast for the market.
The report uses an analytical triangulation method to estimate the numbers and figures of the global Anti-static Films market with both bottom-up and top-down approaches.
The detailed assessment of the global Anti-static Films market, along with an overview of the landscape is provided based on a careful examination of the avenues related to this market. Analysts’ conclusions on how the global Anti-static Films market is set to grow are based on carefully vetted primary and secondary sources.
Anti-static Films Market – Segmentation
The report on the global Anti-static Films market provides information on the basis of product type, price range, end use, distribution channel, and region.