Market Size of Anti-Static Film Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 5.27 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Anti Static Film Market Analysis
The global anti-static film market (henceforth, referred to as the 'market studied') was valued at USD 452.14 million in 2019, and it is projected to be worth USD 535.51 million by 2025, registering a CAGR of 5.27% during the period 2020-2025. The anti-static film is a protective film designed for the storage and packaging of the equipment and components.
- The buildup of electric charges is common in low conductivity and high surface resistance material, such as plastics. Such static buildup has a detrimental effect and interferes with the processing and production of polymers by reducing the speed of the technological process, generating material losses, causing contamination of the product, and accelerating plastics decomposition. Hence, it is crucial to add anti-static agents into plastics.
- The rising demand from the manufacturing industry, increasing growth of the electronics and semiconductor industry, and the growing demand for specialty films are factors driving the growth of the market studied. According to the Department for Promotion of Industry and Internal Trade (India), in 2019, the annual growth rate of production in the manufacturing industry accounted for 3.9%.
- The growth of the manufacturing industries in emerging economies, such as India and China, is generating the increasing dependence on the reused machinery and equipment. These reused equipment and machinery are used in the diverse manufacturing and healthcare industries packaged using high-performance specialty films, such as anti-static films, to reduce the aggregation of the dust and avoid developing static charges.
- The increasing demand from the healthcare sector and the medicine and drug transportation is gaining significant traction, which is witnessing the increased demand for the medical packaging film that can withstand all the properties.
