The global electrostatic discharge (ESD) foam packaging market
is prophesied to find growth opportunities on the back of the rising
demand for smart devices such as smartphones and miniaturization of
electronic devices. The demand for ESD foam packaging could be
positively impacted by the betterment of information and communication
technology (ICT) infrastructure and surging trend of internet of things
(IoT). ESD foam packaging is primarily used to avoid damage to
electronic equipment and their sensitive parts due to the static current
generated through their interaction with packaging material.
In this report, the authors provide a
detailed study of the global ESD foam packaging market with a view to
help readers gain a sound understanding of key trends and opportunities,
regional outlook, and important projections. Moreover, the report
offers an encyclopedic evaluation of the market’s competitive landscape
so as to devise reliable strategies beforehand.
Global ESD Foam Packaging Market: Dynamics
ESD foam packaging materials are
predicted to gain a telling impetus due to their niche applications such
as protecting electrostatic sensitive devices. ESD foam could be used
as cushioning products such as antistatic bubble wrap, conductive foam,
and antistatic foam. It could be accompanied with sheeting roll stocks
or safe tubing for creating protective wall partitions and covers.
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The world ESD foam packaging market could
face a challenge in the form of stringent regulations for certain
materials. However, the market is prognosticated to receive momentum
from the growing adoption of technology in the automobile sector and
high-speed innovation.
Global ESD Foam Packaging Market: Segmentation
The international ESD foam packaging
market is envisaged to be segmented into electrical and electronic
component and others as per type of application. According to the
analysis of the report, the electrical and electronic component segment
could gather a massive share in the market by the end of the forecast
period. In 2017, it secured a share of 93.5%. On an annual basis, it is
anticipated to grow at a US$11.3 mn, which could be a greater absolute
growth than that of all other segments under the same category.
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