Reduction in Components Size and Increasing Need for Flexible Packaging to open Growth Avenues for Anti-static Films Market: TMR
- The anti-static films market may invite promising growth during the forecast period of 2020-2030 on the back of the diverse advantages it offers to the end-users
- Foreseeing the magnanimous demand across various end-users, the global anti-static films market may record a CAGR of 5.9 percent during the assessment period of 2020-2030
ALBANY, N.Y., Nov. 2, 2020 /PRNewswire/ -- Anti static films are coated with an antistatic agent coating and are used to guard products and components from damage during transportation. It is a feasible alternative to rigid packaging.
Technological advancements across various sectors have led to the minimization of the materials, especially in the electronics circuitry. The decrease in the component size is eventually reducing the spacing between circuits and microscopic insulators. To protect these components from damage, anti-static films are necessary. Hence, this aspect may bring promising growth prospects for the anti-static films market during the tenure of 2020-2030.
These films are extensively useful across the food production sector. A lot of dust emanates during the food production process. There is a possibility of the formation of an unattractive dusting layer on the products. An anti-static film can avoid dust attraction, thus keeping the food void of any dust and also making it visually appealing. Thus, the magnifying usage of anti-static films across the food and beverage industry may bring immense growth prospects for the anti-static films market during the forecast period.
After conducting exhaustive research on all the factors related to growth, the researchers at Transparency Market Research (TMR) prognosticate the global anti-static films market to expand at a CAGR of 5.9 percent during the forecast period of 2020-2030.
The humungous demand for electronic and electrical products across the globe is pushing the anti-static films market toward growth. The prodigious growth of the pharma sector due to the novel coronavirus pandemic may also prove to be a promising growth aspect for the anti-static films market.
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Anti-Static Films Market: Key Revelations
- The bags and pouches packaging segment is expected to account for more than 45 percent of the market share during the assessment period
- On the basis of material type, Polyethylene is extrapolated to register a CAGR of 6.4 percent across the forecast period of 2020-2030
- Asia Pacific's anti-static films market is expected to dominate the scenario through the tenure of 2020-2030
- Asia Pacific may expand at a CAGR of 7.2 percent between 2020 and 2030
- India and China expect to harness maximum growth for the anti-static films market in Asia Pacific
Explore 280 pages of superlative research, current market scenario, and extensive geographical projections. Gain insights into the 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 at https://www.transparencymarketresearch.com/antistatic-films-market.html
Anti-Static Films Market: Growth Accelerators
The booming electronics industry and the rising influence of the anti-static films market in the electronics industry may prove to be a game-changer.
- Escalated spending on entertainment and gaming devices due to the COVID-19 stay-at-home orders may bring tremendous growth opportunities for the anti-static films market
- The heightening preference for flexible packaging across various industries may prove to be a beneficial growth factor for the anti-static films market
Analyze global anti-static films market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study
How Will Automotive Sector Invite Growth Prospects for Anti-Static Films Market Despite COVID-19 Outbreak?
During the pre-COVID era, the major growth generator for the anti-static films market in terms of end-use was the automotive industry. The booming automotive sector was bringing immense growth prospects for the anti-static films market. As COVID-19 struck across the globe, the production facilities were shut and the automotive production was stopped. This led to a decrease in demand for anti-static films for a short period.
As soon as the lockdown restrictions were eased, the production resumed and the sales of vehicles are increasing at a rapid rate. People prefer private transport over public transport to reduce the risk of transmission. This is leading to an increase in the sales of automobiles. Hence, this aspect may accelerate the growth of the anti-static films market.
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Global Anti-static Films Market: Segmentation
By Material Type
- Polyethylene
- Polyethylene Terephthalate
- Polyvinyl Chloride
By Application
- Bags and Pouches
- Tapes
- Clamshells
- Wraps
- Liners
By End-User
- Electrical and Electronics
- Pharmaceutical and Medical Devices
- Automotive Parts
- Food and Beverages
By Geographic Scope
- North America
- Europe
- Asia Pacific
- Rest of the World
Explore Transparency Market Research's award-winning coverage of the Global Packaging Industry:
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Pre-printed Liners Market – The global pre-printed liners market is expected to grow at a moderate CAGR of 3.3% during the forecast period. The market growth is primarily driven by the increasing demand for rigid packaging solutions from food & beverages, cosmetics, personal care, and healthcare sectors. In addition, the increasing focus on customized and rigid packaging solutions is another major factor that will augment the demand for pre-printed liners in the upcoming years.
Food Powder Packing Machines Market – Rise of the vegan trend and surge in the number of non-meat eating population worldwide have played a key role in boosting the demand for green powders. Green powders have gained considerable popularity as dietary supplements, and are primarily manufactured to enable consumers to attain their vegetable intake goals.
About Transparency Market Research
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