Future Market Insights
Over 33% of the electrical and electronic devices such as PCBs, Semi-Conductors and equipment’s are damaged from static electricity which is generated due to frictional contacts or electrostatic induction between two electrically charged objects. In order to protect the devices from static damage manufacturer of packaging are progressively focusing on producing ESD protected packaging products. ESD foldable container is one such form of ESD packaging which is exceedingly used for protection against static electricity.
The market value of electrical components across the globe accounts for nearly US$ 3.7 trillion of which a negligible quantity of the devices is ESD protected. Thus the market for ESD foldable container is expected to witness an immense growth over the forecast period. Moreover, ESD foldable container is made of polymer, conductive material, and additives which over the year’s manufacturer are engaged in incessant technological and material development which has rendered in reducing manufacturing and operational cost. Further increasing production of components and devices across APEJ market is fuelling the growth of ESD foldable containers.
Global ESD Foldable Container Market - Market Dynamics:
The manufacturer operating in ESD foldable containers market are increasingly focusing on investing in machinery which has enabled increasing output production. But on the flip side, the additives used in manufacturing ESD foldable containers are predominantly carbon black chemical which damages the mechanical properties of devices stored inside the ESD foldable containers. Thus manufacturers are increasingly opting for alternative chemical additives which aid in complete product protection from static electricity. Also, manufacturers of ESD foldable container are peeking for sustainable use of packaging material such as corrugated paper ESD. Furthermore, all such factor is expected to directly propel the growth for ESD foldable containers market over the forecast period.
Global ESD Foldable Container Market - Market Segmentation:
Globally, the ESD foldable container market is segmented into application type, material and additive types, end user base. On the basis of application type ESD foldable containers market is sub-segmented into electrical & electronic component, equipment, explosive powder, drugs and other. Furthermore, the electrical and electronic component is categorized into printed circuits boards (PCB), semi-conductors, screens and other components. Additionally, equipment is categorized into diagnosis equipment, therapeutic equipment and other equipment. On the basis of material and additive type the global ESD foldable container market is segmented into polymers, metal and additive types. Besides polymers is sub-segmented into acrylonitrile butadiene styrene (ABS), polyethylene (PE), polypropylene (PP), polyamide (PA), styrene acrylonitrile (SAN) and others. Further metal is sub-segmented into aluminum, steel, tin, copper and others. Based on additive types the global ESD foldable container market is sub-segmented into carbon black, ethylene bis stearamide, lauric diethanolamide, glycerol esters, ethoxylated amines, carbon nanotube, ethoxylated sorbitan ester and others. On the basis of end user base the global ESD foldable container market is sub-segmented into electrical and electronics, automobile, defense & military, manufacturing, aerospace, healthcare and others.
Global ESD Foldable Container Market - Regional Outlook:
Asia Pacific excluding Japan (APEJ)
Middle East & Africa (MEA)
The global ESD foldable container market is monopolized across the region of APEJ with countries of ASEAN, China, and India account for a major percentage of market share in terms of value which is expected to showcase a sustainable growth over the forecast period. With the region of North America and Western Europe are anticipated to account a huge chunk of share in the global ESD foldable containers market.
ESD Foldable Container Market – Key Players:
Some of the key players operating in the global ESD foldable container market are Stakrak Ltd., Conductive Containers, Inc., AUER Packaging, ELCOM (UK) Ltd.
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