The Anti-Static Films Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Anti-Static Films Global Market Report 2024, The anti-static films market size has grown strongly in recent years. It will grow from $0.61 billion in 2023 to $0.65 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to stringent esd protection regulations, growth of the semiconductor industry, expansion of the automotive sector, economic growth.
The anti-static films market size is expected to see strong growth in the next few years. It will grow to $0.87 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to increasing demand for electronic components, expanding healthcare sector, increased emphasis on safety and quality, e-commerce and logistics growth, research and development in materials science. Major trends in the forecast period include miniaturization, 3d printing, proliferation of internet of things (iot), anti-static films with integrated sensors, use of nanomaterials in anti-static films.
The increasing penetration of the e-commerce industry is expected to propel the growth of the anti-static films market in the forecast period. E-commerce refers to the purchase and sale of goods and services over an electronic network. Anti-static plastic films are available in a range of shapes and sizes, including bubble covers, films, and foams, and these films are commonly used by retailers to package electronics and non-electrical products. For instance, in August 2023, according to the United States Census Bureau, a US-based government agency, compared to the second quarter of 2022, the estimate for e-commerce in the second quarter of 2023 climbed by 7.5% (or 1.4%), while overall retail sales rose by 0.6% (or 0.4%). 15.4% of all sales in the second quarter of 2023 were made through online stores. Therefore, the increasing penetration if the e-commerce industry is driving the the growth of the anti-static films market.
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The anti-static films market covered in this report is segmented –
1) By Material Type: Polyethylene (PE), Polyethylene Terephthalate(PET), Polyvinyl Chloride (PVC), Other Material Types
2) By Application: Bags And Pouches, Liners, Wraps, Tapes, Clamshells, Other Applications
3) By Industry Vertical: Electronics, Pharmaceutical And Healthcare, Automotive, Other Industrial Verticals
The growing technological advancement is an emerging trend in the anti-static films market. Major players in the anti-static films sector are focusing on developing technological advancements for anti-static films to provide high-performance anti-static and corrosion inhibiting films intended for disposal in a commercial composting environment. For instance, in February 2022, Cortec Corporation, a US-based corrosions solutions company launched EcoSonic VpCI-125 ESD Shrink Film, which uses the latest film technology and also uses Vapor phase Corrosion Inhibitor Technology to create a revolutionary shrink film with strong static dissipative properties. The EcoSonic VpCI-125 ESD Shrink Film (HP-UV) replaces conventional rust preventatives such as oils and desiccants, and allows the product to be used immediately without cleaning or degreasing.
The anti-static films market report table of contents includes:
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