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Global Static Control Films Market Shows High Growth Due to Growing Demand for Internet of Things

Global Static Control Films Market Shows High Growth Due

Global Static Control Films Market: Introduction:

Packaging manufacturers across the globe face challenges related to product damage during transportation and storage. To prevent static flow into the packed product, manufacturers use dipping solution such as additives for polymers or install metallized sheet such as aluminum flakes, nickel coated graphite, carbon fiber, stainless steel, etc. into polymers. Such static control packaging requires a conductive material which poses a high static barrier and renders hermetic packaging solution to its customers.

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Integrated circuits and semiconductors used in electronic, pharmaceutical, aerospace and automotive industries are highly sensitive to static electricity which leads to product damage. Manufacturers are thus focusing on producing static control films which render static control along with high packaging strength. Such static control films have proven to be an effective solution from protection of static sensitive components during storage, transportation, shipping and material handling process. This has allowed OEM manufactures to operate with more flexibility in terms of distributing work in progress components and finished products from one facility to another. Moreover, APEJ static control films market is expected to witness a massive growth over the forecast period.

Global Static Control Films Market - Market Dynamics:

The need for static control films is driven due to growing demand for Internet of Things (IoT). The use of integrated circuits and semiconductors are obvious for the implementing of IoT. Moreover, growth in electronic devices segment is rapidly correlating the demand for static control films.

In addition, different types of drugs require distinctive forms of packaging, in many cases, some drugs are highly reactive to electro static flows. In order to minimize such risk drug manufacturers are highly demanding for static control films for packaging their products. In addition, the material and additives used for manufacturing static control films are easily available which is further aids in higher profit margin for packaging film manufacturers which is luring producer to manufacturer static control films.

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Also, emerging trend in luxuries automotive sector and its component is propelling the growth of static control films. Besides static control films renders moisture and humidity control providing resistance and barrier properties. Such factors are gaining traction across pharma, electronic and automotive industries which are driving the growth of static control films. On the flip side, manufacturers are facing challenges with regards to environmental protection acts on producing films which is a backlash for players operating in flexible packaging films. Nevertheless, the countries of U.S. and Japan is anticipated to represent a sustainable growth in static control films market over the projected period.

Global Static Control Films Market - Market Segmentation:

Global static control films market is segmented into packaging type, end user base, and material type. On the basis of packaging type the global static control films are segmented into foams, tapes & labels, racks, clamshell, trays, bags and others. On the basis of end user base the global static control films is segmented into automotive, pharmaceutical, aerospace, defense & military, electronic industry, cosmetic, and others. On the basis of material type the global static control films market is segmented into polyvinyl chloride (PVC), polyethylene (PET), polyamide (PA), polyaniline (PANI), others.

Global Static Control Films Market - Regional Outlook:

North America
Eastern Europe
Western Europe
Asia Pacific excluding Japan (APEJ)
Middle East & Africa (MEA)
Japan

Geographically, static control films is concentrated across the regions of APEJ and North America. Also, with increasing production of electronic devices in Japan, it is anticipated to showcase a strong growth over the forecast period. But in terms of volume, APEJ market is expected to witness a sustainable growth over the projected period.

Static Control Films Market – Key Players:

Some of the key players operating in the global static control films are Klockner Pentaplast, Laminated Films and Packaging, Toray Plastics (America), Inc., Seco Ind., Statclean Technology Pte ltd., Integrated Packaging Films Inc., Croda International Plc.

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TMR is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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