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Anti-Static Films Market 2024-2033 : Market Size, Top Segments, Leading Region Forecast
Anti-Static Films Global Market Report 2024
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According to The Business Research Company's, 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.
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Market Drivers and Trends:
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.
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.
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Major Key Players of the Market:
Achilles Corporation, Toyobo Co. Ltd., Kolon Industries Inc., Mitsubishi Polyester Film Group, Toray Plastics Inc., Wiman Corporation, Compagnie de Saint-Gobain SA, Klockner Pentaplast Group, Unitika Ltd., Blueridge Films Inc., Sekisui Film Co., Nan Ya Plastics Corporation, Techno Stat Industry Pvt. Ltd., Syfan USA Corp., Polyplex Corporation Ltd., Jindal Poly Films Ltd., Uflex Limited, Cosmo Films Limited, Berry Global Group Inc., Intertape Polymer Group Inc., 3M Company, Tesa SE, Scapa Group plc, Nitto Denko Corporation, Avery Dennison Corporation, Lintec Corporation, Dunmore Corporation, Ester Industries Ltd., Polinas Plastik Sanayi ve Ticaret AS, Flex Films USA Inc.
Anti-Static Films Market 2024 Key Insights:
• 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%.
• E-Commerce Surge Ignites Growth In Anti-Static Films Market
• Innovative Technology Drives Advancements In The Anti-Static Films Market
• North America was the largest region in the anti-static films market in 2023
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