Anti-Static Plates Market to Grow with a CAGR of 5.23% through 2028
Growing demand of Anti-Static Plates in textile
industry is expected to drive the Global Anti-Static Plates Market growth in
the forecast period, 2024-2028.
According to
TechSci Research report, “Anti-Static Plates Market – Global Industry Size,
Share, Trends, Competition Forecast & Opportunities, 2028”, the Global
Anti-Static Plates Market is expected to reach at USD 2.28 billion by 2028 and
is anticipated to grow with a CAGR of 5.23% in the forecast period, 2023-2028.
The initiatives taken by government based on Anti-Static Plates has led to
favorable market conditions for the Global Anti-Static Plates Market. Several
factors contribute to the growth of various Anti-Static Plates products.
Governments
worldwide have been implementing various initiatives that indirectly influence
the anti-static plates market. These initiatives, although not explicitly
mentioning anti-static plates, have significant implications for industries
that rely on these plates. One
such initiative is the Executive Order on Improving the Nation's Cybersecurity.
This order recognizes the need to modernize federal government cybersecurity
and emphasizes the use of advanced technologies. These technologies often
involve sensitive electronic components that are susceptible to damage from
electrostatic discharge. To ensure their protection, the use of anti-static
plates during the manufacturing and transportation processes becomes crucial.
Additionally,
the ANSI S20.20 ESD standard plays a significant role in maintaining the
integrity of Electrostatic Discharge Sensitive (ESDS) items. It mandates the
use of static protective enclosures made of materials like anti-static plates.
These enclosures provide a controlled environment that prevents ESD-related
damage during handling and transportation. By
implementing these initiatives and standards, governments aim to enhance
cybersecurity and protect valuable electronic components. The adoption of
anti-static plates is an essential step in meeting these objectives and
ensuring the smooth and secure operation of various industries.
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"Global Anti-Static Plates Market”
Anti-static
fibers have emerged as a critical component in the textile and chemical
industries, as these sectors are projected to maintain their dominance. With
the increasing demand for anti-static properties, anti-static plates have taken
center stage in this trend by effectively preventing the buildup of static
electricity. This buildup, if left unchecked, can disrupt production processes,
and pose a risk of damaging delicate machinery.
The
significance of manufacturing electro-conducting textile materials with stable
anti-static properties cannot be overstated. With the aid of anti-static
plates, the feasibility of producing such materials has significantly improved.
As a result, these materials have become highly sought after in the textile
industry, not only enhancing the safety of the production environment but also
elevating the functionality and quality of the final products. This remarkable
development underscores the continuous drive for innovation and advancement
within the industry.
The Global
Anti-Static Plates Market is segmented into type, material, end user, regional
distribution, and company
Based on its type,
the Single Side Anti-Static Plates segment held the largest share in the market.
Single side anti-static plates are highly versatile, making them suitable for a
wide range of applications across various industries. From electronics
manufacturing, where they safeguard sensitive components from potential damage
caused by static electricity to construction, where they ensure safety and
efficiency during the assembly of structures. Moreover, these
plates offer an excellent cost-effective solution compared to their
double-sided counterparts. This affordability factor makes them an attractive
option for businesses seeking to implement anti-static measures while
maintaining a budget-friendly approach. By choosing single side anti-static
plates, companies can effectively mitigate the risks associated with static
electricity while optimizing their operational costs.
Based on region,
Asia Pacific segment is expected to grow during the forecast period. The Asia-Pacific
region, encompassing countries like China, Japan, South Korea, and India, has
witnessed remarkable growth in the electronics market. This growth can be
attributed to the ever-increasing consumer demand for electronic devices,
including smartphones, tablets, and laptops. As more people rely on these
devices for their daily activities, the production of such devices has become a
crucial industry in the region.
To ensure the
utmost quality of these electronic products, manufacturers are turning to
anti-static solutions. These solutions play a vital role in preventing static
electricity-related issues during production, such as damage to sensitive
components or malfunctions. By incorporating anti-static measures,
manufacturers can safeguard the integrity of their products and meet the high
standards expected by consumers.
Moreover,
Asia-Pacific has established itself as a major hub for automotive
manufacturing. With a growing emphasis on electric vehicles (EVs), the demand
for anti-static solutions has seen a significant surge. Anti-static plates are
utilized in the automotive industry to protect delicate electronic components, control
static discharge, and maintain the overall quality of vehicle electronics. As
EVs continue to gain traction and reshape the automotive landscape, the need
for reliable anti-static solutions becomes even more pronounced. The
Asia-Pacific region's electronics market has experienced robust growth due to
the rising demand for electronic devices. To uphold product quality, the
incorporation of anti-static solutions has become imperative. Additionally, as
a prominent player in automotive manufacturing, Asia-Pacific's adoption of
anti-static measures further intensifies with the growth of the EV market,
ensuring the reliability and longevity of vehicle electronics.
Major companies
operating in Global Anti-Static Plates Market are:
- Mitsubishi
Chemical Corporation
- Sumitomo
Bakelite Co. Ltd.
- MISUMI
Group Inc
- Energetic
Industry Co. Ltd.
- Seikisui
Chemical GmbH
- C.I.
Takiron Corporation
- SciCron
Technologies
- Korea
Plate Co Ltd
- Korea
Polymer Co., Ltd.
- Nextech
Systems, Inc.
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“Growing
application of Anti-Static Plates in various end user industries are key
drivers of the Anti-Static Plates market. Growth in competitive landscape and
presence of well-established companies in the market who are dedicated to
enhance their productivity of Anti-Static Plates with every passing year are
anticipated to register an impressive growth to Global Anti-Static Plates
Market in the forecast period.,” said Mr. Karan Chechi, Research Director with
TechSci Research, a research-based management consulting firm.
“Anti-Static Plates Market By Type
(Single Side Anti-Static Plates, Both Side Anti-Static Plates), By Material (Stainless
Steel, PVC, PET, Acrylic, Polycarbonate, Others), By End User (Electronics,
Automotive, Petroleum, Textile, Rubber, Aviation & Military, Others), By
Region, By Competition Forecast & Opportunities, 2018-2028F”,
has evaluated the future growth potential of Global Anti-Static Plates Market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Anti-Static Plates Market.
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