Electrostatic Discharge (ESD) Films Market by End-user (Network & Telecommunication Industry, Consumer Electronics & Computer Peripheral, Automotive Industry, Military & Defense, Healthcare, Aerospace, and Others) and Regional Outlook (North America, Europe, Asia-Pacific, and LAMEA): Global Opportunity Analysis and Industry Forecast, 2022–2030

Global Electrostatic Discharge (ESD) Films Market Analysis

The global electrostatic discharge (ESD) films market size is predicted to garner a revenue of $1,062.5 million in the 2022–2030 timeframe, growing from $460.4 million in 2021, at a healthy CAGR of 9.8%.

Market Synopsis

Electrostatic discharge (ESD) films are protective films that are typically coated with anti-static agents in order to provide physical and static protection to various semiconductors, electronics, and other components. Electrostatic discharge (ESD) films are used to keep products free of electrostatic charge. Electrostatic discharge (ESD) films can be used to prevent dust from adhering, dangerous shocks, and so on. The rising demand for consumer electronics is expected to drive up demand for electrostatic discharge (ESD) films market. Furthermore, the emerging trend of smaller electronic devices is expected to boost demand for electrostatic discharge (ESD) films during the forecast period.

However, a lack of network infrastructure, data privacy concerns, a lack of understanding, and other operational challenges & risks may stifle market growth. Several connected devices capture personal data and track users' real-time location, putting them at risk of being used fraudulently and unlawfully by hackers and other elements, stifling progress in the coming years.

According to the regional outlook, the Asia-Pacific electrostatic discharge (ESD) films market is expected to create massive growth opportunities for market investors by growing at a CAGR of 10.9% during the review period.

Electrostatic Discharge (ESD) Films Overview

Electrostatic discharge films are used as protection for sensitive equipment and components. Electrostatic discharge films slow the movement of electric charges allowing them to safely dissipate in a more controlled manner. These are generally insulated and do not allow electric charges to flow freely through them.

Electrostatic discharge film is used in every package that is being used for controlling the static electricity. These films are used to restrict the flow of electric charges inside the packages, preventing components or equipment from getting hampered. Increasing use of these films in every electrostatic discharge package is predicted to drive the market in the estimated period. In addition, it has been noticed that most of the manufacturing units of electronic appliances have covered some parts of their equipment with these films to restrict the flow of electricity which is predicted to be the major driving factor for the electrostatic discharge film sub-segment in the estimated period.

COVID-19 Impact on Electrostatic Discharge (ESD) Films Market

The pandemic is expected to have a negative impact on the global market for electrostatic discharge (ESD) films. During the COVID-19 outbreak, almost all component and semiconductor manufacturing units were shut down as governments around the world imposed a lockdown, resulting in a significant reduction in the use of electrostatic discharge films. Furthermore, the market for electrostatic discharge films declined through 2020 as companies delayed infrastructure investments, reduced production processes, or reduced operations.

The pandemic is expected to harm the global electrostatic discharge (ESD) films market. Due to the government-imposed lockdown during the novel coronavirus outbreak, most consumer electronic industrial sites were shut down. In addition, labor shortages, raw material supply, and other issues hampered the production of electronic devices. These elements had an immediate impact on the electrostatic discharge (ESD) films market. As a result of the pandemic forcing certain industries to close, some temporarily and others permanently, the use of electrostatic discharge packaging decreased dramatically.

However, after the pandemic has passed, the demand for electrostatic discharge (ESD) films is expected to rise.  

Growing Usage of Electrostatic Discharge Films in Various End-use Industries Is Projected to be a Major Driving Factor for the Global ESD Films Market

ESD films are used for a variety of operational purposes in healthcare, defense & military, automotive, manufacturing, and aerospace. Among the end-users mentioned above, aerospace and consumer electronics & computer peripherals are the major sub-segments driving the ESD films market growth. Furthermore, ESD films protect the product from flammable gases and liquids. Such film materials are intended to promote the direct flow of electricity while causing no damage to the materials contained within.

The expansion of electrostatic discharge packaging is primarily due to increased internet penetration and increased consumer electronics sales via e-commerce. Also, rapid technological advancements in the automotive industry, such as cloud computing and automation, are hastening the adoption of advanced computing systems. Based on this trend, the market for ESD films in this domain is expected to expand significantly during the forecast period. Therefore, all such aspects and developments are projected to gain traction for electrostatic discharge (ESD) films.

To know more about global electrostatic discharge (ESD) films market trends, get in touch with our analysts here.

The High Cost of the ESD Films is Predicted to be a Major Restraint for the Electrostatic Discharge Films (ESD) Market

The cost of electrostatic discharge films is high which is majorly anticipated to hamper the market growth in the forecast period. All such factors may hamper the growth of the global market. Electrostatic discharge (ESD) films are more expensive than other products such as anti-static bags and a few rub off carbon black packaged products, which is expected to limit market growth during the forecast period.

Extensive Application across Electrical & Electronic Components to Increase the Opportunities in the Electrostatic Discharge (ESD) Films Market

Now-a-days, the supply for printed circuit boards, semiconductor, and computer monitors used in the manufacture of these devices has increased. As a result of this shift, the electrostatic discharge (ESD) films market has been increasing steadily in the last few months and will continue to be doing so throughout the prediction decade.

Moreover, the increasing market for smart devices, as well as the miniaturization of such electronic devices, is a significant factor driving demand for ESD films market. Another significant element trying to drive the use of ESD films is the presence of various standards guiding the safety of electrostatic discharge devices all through handling as well as shipping. In this regard, the electronics industry has formed accepted standards for electronic device makers to demonstrate sensible conformance. Thus, such factors create an opportunity to gain major pull in the coming years for electrostatic discharge (ESD) films market.

To know more about global electrostatic discharge (ESD) films market opportunities, get in touch with our analysts here.

Global Electrostatic Discharge (ESD) Films Market, by End-user

Based on end-user, the electrostatic discharge (ESD) films market has been segmented into network & telecommunication industry, consumer electronics & computer peripheral, automotive industry, military & defense, healthcare, aerospace, and others of which consumer electronics & computer peripheral sub-segment is expected to have the dominant share during the forecast period.

Global Electrostatic Discharge (ESD) Films Market Share, By End-user, 2021

Source: Research Dive Analysis

In 2030, the global consumer electronics & computer peripheral sub-segment will be worth more than $422.3 million. ESD films are widely used in consumer electronics and computer peripherals to procure and transfer electronic products from one location to another. The growing use of ESD packaging in consumer electronics and computer peripherals is expected to drive the sub-segment market during the forecast period. The market is being driven by the increasing demand for electronic components and instruments related to consumer electronics and computer peripherals, as ESD films are widely used in the import & export of these products. All such factors are expected to promote the adoption of consumer electronics & computer peripheral electrostatic discharge (ESD) films growth during the forecast period.  

Global Electrostatic Discharge (ESD) Films Market, Regional Insights:

The electrostatic discharge (ESD) films market was inspected across North America, Europe, Asia-Pacific, and LAMEA.

 Global Electrostatic Discharge (ESD) Films Market Size & Forecast, By Region, 2021-2030 (USD Million)

Source: Research Dive Analysis

The Market for Electrostatic Discharge (ESD) Films in Asia-Pacific to Experience the Fastest Growth Rate

Asia-Pacific region market is predicted to have the highest CAGR in the forecast period and reach $273.9 million by 2030, growing at a CAGR of 10.9% in the analysis period. The rising adoption of technological devices in manufacturing and automobile industries has consequently boosted the need for transportation and adaptive films of these devices to protect them from damage. Thus, electrostatic discharge films have observed a boost in the demand in the recent years. Because of the concentration of electronic device manufacturers in countries such as Japan, China, and South Korea, Asia-Pacific has market has grown exponentially. The region has made significant contributions to the growing demand for smart devices that use ESD films, and it is supported by the region's rapidly growing consumer electronics industry. ESD films is required in the consumer electronics industry for audio systems, smartphones, TVs, and so on. The high rate of mobile phone subscriptions in this region has pushed the global industry even further, and this trend is expected to continue over the forecast period. All such factors are expected to drive the Asia-Pacific electrostatic discharge (ESD) films market and witness noticeable growth.

Competitive Scenario in the Global Electrostatic Discharge (ESD) Films Market

Product launches and mergers & acquisitions are common strategies followed by major market players.

Source: Research Dive Analysis

Some of the leading electrostatic discharge (ESD) films market players are Smurfit Kappa Group, BASF, Desco Industries, DowDuPont, PPG Industries, TIP Corporation., Conductive Containers Inc., Elcom (UK) Ltd., Tandem Equipment Sales Inc., and Global STATCLEAN SYSTEMS.