Anti-static Packaging Film Market: Overview
Anti-static films are coated with antistatic Tropical chemicals. In addition, the introduction of new innovations adopted in the automotive industry would boost the functions of the products. It, in effect, would help the anti-static films industry gain momentum in the years to come.
Anti-static films are used during transport to protect the goods from physical damage. Anti-static films are also used for packaging food and drinks, pharmaceuticals etc. The global demand for anti-static films is projected to expand significantly due to an increasing penetration of the e-commerce industry and a rise in the number of foreign trade activities.
Anti-static Packaging Film Market: Dynamics
Anti-static films are normally coated with antistatic tropical agents. In the automotive industry new innovations are increasingly being introduced to improve functionalities. In the forecast period this aspect drives the anti-static films market.
When computer technology advances, computer circuitry gets increasingly smaller. As the part size decreases, the spacing of the microscopic insulators and circuits inside them also decreases, increasing their susceptibility to electric static discharge (ESD). A packaging solution such as anti-static films is needed to protect certain components.
Electronic Industry and Logistics to accelerate the market growth of anti-static packaging films Market
Owing to increased import-export activities and increased penetration of the e-commerce industry, the global demand for anti-static films is expected to register substantial growth. However, increasing disposable income, growing demand for foreign products are some of the factors that drive target market growth of anti-static films market.
Anti-static films are commonly used in the packaging of electronic products to protect them during transportation from physical harm, which is expected to generate demand for anti-static films that will turn the target market into production.
Anti-static films market is gaining traction due to Automobile sector & FMCG sector
Anti-static films are often used to seal the food and drinks to prevent them from contaminating them and to maintain their hygienic integrity during transport. In addition, exponential growth in the food and beverage industry is expected to generate demand for anti-static films.
Furthermore, these anti-static films are also used for the packaging of automobile components, to prevent them from external damage during transport. Rising demand for automotive parts and strong growth in the automotive industry also generates demand for anti-static films, which is expected to increase target market growth.
Anti-static Packaging Film Market: Regional Outlook
Due to the strong presence of manufacturing industry, the demand in Asia Pacific Region is expected to register significant growth. Increasing urbanization and increasing disposable income are also expected to accelerate target consumer growth by some factors. Exponential growth in the electrical and electronics industries is boosting demand for electronic products, which will in effect drive growth in the region's for anti-static films target market.
Due to continuous product innovation and the adoption of advanced technologies that generate demand for anti-static films for high-end electronic packaging items, the market in North America is expected to register significant growth, which is further expected to propel growth of the region's target market. Markets in Latin America and Middle East and Africa are expected to show moderate growth on the global market for anti-static films.
Anti-static Packaging Film Market: Key Players
- Toyobo Co., Ltd.
- Nan Ya Plastics Corp.
- Toray Plastics (America), Inc.
- Mitsubishi Polyester Film, Inc.
- Achilles Corp.
- Pentaplast Europe GmbH & Co. KG
- Wiman Corp.
- Sekisui Film Co. Ltd.
- Kolon Industries, Inc.
- Saint-Gobain Corp.
COVID-19 impact on Anti-static Packaging Film Market
Covid-19 has caused considerable disruptions for companies and, as a result, many are looking to relocate away from China. As, the pandemic has initiated from the Wuhan, China.
A survey conducted between 22 February and 5 March by the Institute for Supply Management (ISM) reported that production in China dropped to an all-time low in February, with manufacturers in China recording a 50 per cent operating capacity with 56 per cent of normal employees. In addition, most respondents reported experiencing delays in order. This has drastic impact of supply chain of anti-static film packaging market.
If the measures put in place by the work of the Chinese government and the epidemic will not spread rapidly, then the province of Hubei will start to open again, and supply will resume. In preparation for this, companies will collaborate with anti-static film manufacturers to ensure they are among the first to begin receiving deliveries
Anti-static Packaging Film Market Segmentation
Globally, the Anti-static Packaging Film Market is divided on the basis of material, application, & End-Use Industry
- Polyethylene (PE)
- Polyethylene Terephthalate (PET)
- Polyvinyl Chloride (PVC)
- Bags and Pouches
- Electrical and Electronics
- Pharmaceutical and Medical Devices
- Automotive Parts
- Food and Beverages