Industries > Chemicals > Electrostatic Discharge (ESD) Packaging Market Report 2020-2030
Electrostatic Discharge (ESD) Packaging Market Report 2020-2030
Electrostatic Discharge (ESD) Packaging Market Report 2020-2030: A Global Electrostatic Discharge (ESD) Packaging Market Estimate and Forecast – Industry Insights for Consumption, Demand, Production, Price Trend, Competitive Intelligence and Opportunity Analysis Along the Value Chain
The global electrostatic discharge (ESD) packaging market was valued at $1.5 billion in 2018. Electrostatic discharge packaging helps in shielding electronic equipment’s and employs special packaging that helps in decreasing the accumulation of electrical charges. Moreover, ESD provides essential solution for storing electronic components such as printed circuit boards (PCBs) and semiconductors. Integrated circuits are developed with the help of semiconductor materials such as insulating materials and silicon that could further break down if bare to high voltages.
Increasing utilization of ESD by several manufacturers and users of integrated circuits for utilizing precise printing techniques and packaging materials is thus driving the growth of global electrostatic discharge (ESD) packaging market. ESD packaging employs three techniques such as dissipative material, conductive material and anti-static material. Conductive material helps in directing the circulation of electricity in a manner it is non-damaging other materials. Additionally, the power of an electric charge is decreased in dissipative material and further helps in shielding sensitive goods encompassed in the packaging.
Further, users are employing anti-static materials are considered to be the most efficient packaging option as these materials helps in significantly reducing the losses incurred by business enterprises. Increasing regulations and policies implemented by ESD Association that employs various standards for ESD packaging that helps in reducing the damaged caused by ESD and further stimulates the manufacturers to adopt ESD technique and is the key factor driving the growth of global electrostatic discharge (ESD) packaging market.
ESD packaging market forecast 2020 – 2030 estimates the historical market size in terms of consumption as well as revenue generated by the industry players across the globe. It offers the opportunity analysis along the value chain for the ESD packaging manufacturers. Also, the report offers the vendor analysis along with price trend which provides an edge to the stakeholders especially manufacturers to create a better understanding of the market. Electronics, defense and military, manufacturing, healthcare, aerospace, automotive, and other industry players benefit from the product benchmarking and matrix helping them to take right decision in choosing the right product with optimum prices suited for their end use applications.
The reports provide the analysis based on product, end user, application, and material and additive segment. On the basis of product, the global electrostatic discharge (ESD) packaging market is categorised into bags, trays, clamshell, shrink films, boxes and containers, tapes and labels, foams, totes/IBC, racks, and others. Amongst these segments, bags segment is projected to become largest revenue holder by 2030 as these bags offer customization benefits to the manufacturers and convenience of transportation.
Based on end user, the global electrostatic discharge (ESD) packaging market is segmented into electrical and electronics, defense and military, manufacturing, healthcare, aerospace, automotive, and others. Amongst these segments, ESD packaging market is gaining increased acceptance in automotive domain as ESD ensure secure and safe handling of devices and further facilitates the manufacturers in commuting high valued components and electronic components with further minimizing the transportation cost.
Based on application, the global electrostatic discharge (ESD) packaging market is segmented into electrical and electronic component, equipment, explosive powders, drugs, and others. Of all, electrical and electronic component is expected to held the largest share in the market by 2030.
Based on material and additive, the global electrostatic discharge (ESD) packaging market is segmented into conductive and dissipative polymers, metal, and additive.
Electronic discharge (ESD) packaging market in Asia-Pacific is attributed to contribute largest revenue by 2030 and is further expected to grow at the fastest rate during the forecast period. Increasing penetration of smart devices adopting ESD packaging, extensive mobile phones subscription, and rampant growth of consumer electronics in the region is the key factor driving the growth of the market. The consumer electronics segment in this region is utilizing ESD packaging in smartphones, audio systems, and televisions that is further bolstering the growth of the ESD packaging market in the region.
The report also offers the insights for the North American, European, Latin American, and Middle East and African Market. A detail analysis of historic and forecast consumption data, revenue in the market and competitive analysis for major competitors in each region is also provided.
The eminent key players in the global electrostatic discharge (ESD) packaging market are extending their product portfolios, undertaking product innovations and technological upgradations that are enabling the manufacturers to gain competitive advantage across the globe.
Some of the players having prominent presence in the global electrostatic discharge (ESD) packaging market include Desco Industries Inc., Summit Container, AUER Packaging GmbH, Kiva Container Corporation, Dou Yee Enterprises (S) Pte Ltd., Elcom (UK) Ltd, DS Smith Plc, International Plastics Inc., Storopack Hans Reichenecker GmbH, Protective Packaging Corporation, Teknis Limited, Sealed Air Corporation, Achilles Corporation, Delphon Industries, LLC, GWP Group Limited, Pregis Corporation, Botron Company Inc., and Smurfit Kappa Group.
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