Albany, NY -- (SBWIRE) -- 11/12/2018 -- The global market for anti-static films was valued at US$ 580.7 Mn in 2017. The global anti-static films market is forecast to expand at a CAGR of 5.9%.

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Anti-static films are typically coated with tropical antistatic agents. New technologies are constantly adopted in the automotive industry to enhance functionalities. This factor is driving the anti-static films market in the forecast period. Electronic circuitry gets progressively smaller as electronic technology advances. As the size of the components reduces, the spacing of the microscopic insulators and circuits within them also reduces and their sensitivity to electric static discharge (ESD) increases. To protect such components, a packaging solution like anti-static films is required.

Traditionally, pharmaceutical and automotive industries prefer rigid packaging products. These are rapidly being replaced by flexible packaging products like pouches, bags, and sacks made of plastics such as anti-static films. The rising preference for flexible packaging, particularly for high-performance applications, is expected to generate new market opportunities for anti-static films. Anti-static films have distinctive colors such as pink, black, grey or silver depending upon their properties or the anti-static additives added.

The demand for anti-static films is majorly from electronics & electrical manufacturing service providers located in the Asia Pacific region, where China and Japan stand at the top. By country, China is expected to grow at the highest CAGR in the anti-static films market. The anti-static films market in India also growing rapidly. This is due to government initiatives like "Make in India," "Smart City," "UDAN" (regional airport development and regional connectivity scheme), and other initiatives. Growing massive infrastructure development projects in the Asia Pacific region, e.g. One Belt One Road (OBOR) and Sagarmala Project (India) are expected to boost the demand for electronic & electrical devices, which in turn is expected to drive the anti-static films market.

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The commercially available static controls such as anti-static films usually contain 15% to 20% of carbon black as an additive. The high content of carbon black in anti-static films leads to high surface conductivity which results in an uncontrolled discharge through the anti-static films material. This has resulted in the decline in the growth rate of carbon black as a conductive filler in the anti-static films packaging materials. Also, the market share of carbon black has decreased in recent years due to its damaging properties to sensitive electrical components. The increase in production of these printed circuit boards and semiconductor components is anticipated to boost the anti-static films market in the APAC regions. This, in turn, is likely to lead the high growth opportunities for the anti-static films market in these emerging markets such as APAC.