Electrostatic Discharge (ESD) Foams Market by End-user (Network & Telecommunication Industry, Consumer Electronics & Computer Peripherals, Automotive Industry, Military & Defense, Healthcare, Aerospace, and Others) and Regional Outlook (North America, Europe, Asia-Pacific, And LAMEA): Global Opportunity Analysis and Industry Forecast, 2021–2030

Electrostatic Discharge (ESD) Foams Market Analysis

Electrostatic discharge (ESD) foams market accounted for $364.5 million in 2020 and is predicted to generate a revenue of $895.2 million by 2030, with a CAGR of 9.5% in the forecast period.

Market Synopsis

Due to rising demand from various industries such as consumer electronics, automotive, and others, the electrostatic discharge (ESD) foams market is predicted to rise. In addition, prominent market players' acquisitions and corporate expansions may boost demand for the market.

The bulky nature of ESD foams is expected to be a major factor hampering the industry growth in the near future.

According to the geographical analysis, the Asia-Pacific electrostatic discharge (ESD) foams market is expected to grow at a CAGR of 10.4% during the forecast period, producing revenue of $228.0 million.

Electrostatic Discharge (ESD) Foams Market Overview

Electrostatic discharge foams materials are made of plastic which helps in reducing the static electricity and protects electro-sensitive devices or products that contain inflammable gases or liquids.

ESD foams are manufactured using the antistatic agents which aids them in generating the static charges. ESD foams majorly help in not generating the static electricity that can be caused due to the friction between the electrical components while in motion. North America region market accounted for $119.8 million in 2020 and is predicted to grow with a CAGR of 9.0% in the forecast period.      

COVID-19 Analysis on Electrostatic Discharge (ESD) Foams Market

The global electrostatic discharge (ESD) foams market was affected due to the pandemic. Because of the government-imposed shutdown during the new coronavirus outbreak, most consumer electronic industrial facilities were shut down. In addition, labor constraints, raw material limitations, and other challenges hampered the production of electrical gadgets. These issues had a direct effect on the market for ESD foams. The use of electrostatic discharge foams has decreased dramatically as a result of the epidemic forcing many enterprises to shut down, some temporarily and others permanently.

However, in is anticipated that post epidemic, demand for ESD foams would increase, as global demand for electronic components is predicted to surge.

Increasing Use of Electrostatic Discharge Foams in Multiple End-use Industries is Predicted to be a Major Driving Factor for the Global Market

ESD foam is utilized in a variety of applications in the automotive, defense and military, manufacturing, healthcare, and aerospace industries. The electronic components can be safely relocated from one location to another with the help of ESD foams, which prevent electrostatic or static energy from damaging electronic equipment in transportation. In the near future, the market is expected to be driven by increased use of these foams by various end-use industries. Furthermore, ESD foams protect the product against flammable substances and gases. These foams are designed to promote direct electricity flow while causing no damage to the components inside. ESD foams are a safe and secure type of foam that offers more protection than other foams. The above mentioned factors are anticipated to drive the market growth.

To know more about global electrostatic discharge (ESD) foams market trends, drivers, get in touch with our analysts here.

The High Cost of the ESD Foams is Predicted to be a Major Restraint for the Electrostatic Discharge (ESD) Foams Market

The cost of electrostatic discharge foams is higher as compared to other products such as anti-static bags, which is predicted to hinder the market growth in the forecast period. These foams are expensive and bulky in nature, decreasing their affordability in the market. These foams occupy huge spaces and are difficult to handle which can further restrain the growth of the market.

Biodegradable Electrostatic Discharge Foams is Predicted to Create more Growth Opportunities for the Market in the Estimated Period

Accelerated investments in biodegradable electrostatic discharge foams by several companies is predicted to create investment opportunities in the ESD foams market. Biodegradable foams are affordable and light weight, but these foams are in their experimental stages and need time to get a firm hold on the market. For instance, Croatia-based EcoCortec, in 2021, announced the world’s first biodegradable and compostable static-dissipative film. These factors are anticipated to create better opportunities in the coming years.

To know more about global electrostatic discharge (ESD) foams market trends, opportunities, get in touch with our analysts here.

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Source: Research Dive Analysis

Consumer electronics & computer peripheral sub-segment is expected to grow in terms of revenue. The consumer electronics and computer peripherals sub-segment had a market value of $148.7 million in 2020 and is expected to increase at a CAGR of 9.6% over the forecast period. ESD foams are widely used in consumer electronics and computer peripherals to buy and transfer electronic devices from one location to another. In the forecast period, the sub-segment market is expected to be driven by increased use of ESD foams across the sector in consumer electronics and computer peripherals.

Electrostatic Discharge (ESD) Foams Market, Regional Insights:

The electrostatic discharge (ESD) foams market was investigated across North America, Europe, Asia-Pacific, and LAMEA.

Source: Research Dive Analysis

The North America ESD Foams Market Held the Highest Market Share in 2020

During the forecast period, North America ESD foams market is expected to hold the largest market share. The North American market was worth $119.8 million in 2020, and it is expected to increase at a CAGR of 9.0% over the next five years. As the use of technical gadgets grows in the manufacturing and vehicle industries, thus the demand for transportation of these equipment’s will increase which will in turn increase the demand for foams. As a result, demand for electrostatic foams has increased to protect electrostatic-sensitive gadgets or products containing flammable liquids or gases. In the projected period, the presence of a significant number of manufacturing facilities for these materials across the North America region is anticipated to boost the market.

Key Participants in the Electrostatic Discharge (ESD) Foams Market:

Product advancements, innovations, and business expansion are common strategies followed by major market players.

Source: Research Dive Analysis

Some of the significant electrostatic discharge (ESD) foams market players include Smurfit Kappa Group, BASF, Desco Industries, DowDuPont, PPG Industries, TIP Corporation., Conductive Containers Inc., Elcom (UK) Ltd., Tandem Equipment Sales Inc., and Global STATCLEAN SYSTEMS.

Porter’s Five Forces Analysis for Electrostatic Discharge (ESD) Foams Market:

• Bargaining Power of Suppliers: There are multiple suppliers in the market. Concerns on safety of electronics are impacting the ESD foams products demand.
  The bargaining power of suppliers is moderate.
• Bargaining Power of Consumers: There has been a rising demand for the better protection of the electronic components. But the ESD foams products are expensive.
  Thua, the bargaining power of consumers is moderate.
• Threat of New Entrants: The raw materials used in the ESD foams are low in price, and hence it is easy to start a new manufacturing unit.
  The threat of new entrants is high.
• Threat of Substitutes: This market has less products; moreover, availability of products is also very less due to which switching costs for clients is moderate. 
  The threat of substitutes is moderate.
• Competitive Rivalry in the Market: The ESD foams market has numerous small, medium, and large, scale players.
  The competitive rivalry in the industry is moderate.

1.Research Methodology

1.1.Desk Research
1.2.Real time insights and validation
1.3.Forecast model
1.4.Assumptions and forecast parameters

1.4.1.Assumptions
1.4.2.Forecast parameters

1.5.Data sources

1.5.1.Primary
1.5.2.Secondary

2.Executive Summary

2.1.360° summary
2.2.End-user trends

3.Market overview

3.1.Market segmentation & definitions
3.2.Key takeaways

3.2.1.Top investment pockets
3.2.2.Top winning strategies

3.3.Porter’s five forces analysis

3.3.1.Bargaining power of consumers
3.3.2.Bargaining power of suppliers
3.3.3.Threat of new entrants
3.3.4.Threat of substitutes
3.3.5.Competitive rivalry in the market

3.4.Market dynamics

3.4.1.Drivers
3.4.2.Restraints
3.4.3.Opportunities

3.5.Technology landscape
3.6.Regulatory landscape
3.7.Patent landscape
3.8.Pricing overview

3.8.1.By Product
3.8.2.By End-user
3.8.3.By region

3.9.Market value chain analysis

3.9.1.Stress point analysis
3.9.2.Raw material analysis
3.9.3.Manufacturing process
3.9.4.Distribution channel analysis
3.9.5.Operating vendors

3.9.5.1.Raw material suppliers
3.9.5.2.Product manufacturers
3.9.5.3.Product distributors

3.10.Strategic overview

4.Electrostatic Discharge (ESD) Foams Market, by End-user

4.1.Network and Telecommunication Industry

4.1.1.Market size and forecast, by region, 2021-2030
4.1.2.Comparative market share analysis, 2021-2030

4.2.Consumer Electronics

4.2.1.Market size and forecast, by region, 2021-2030
4.2.2.Comparative market share analysis, 2021-2030

4.3.Automotive Industry

4.3.1.Market size and forecast, by region, 2021-2030
4.3.2.Comparative market share analysis, 2021-2030

4.4.Military and Defense

4.4.1.Market size and forecast, by region, 2021-2030
4.4.2.Comparative market share analysis, 2021-2030

4.5.Healthcare

4.5.1.Market size and forecast, by region, 2021-2030
4.5.2.Comparative market share analysis, 2021-2030

4.6.Aerospace

4.6.1.Market size and forecast, by region, 2021-2030
4.6.2.Comparative market share analysis, 2021-2030

4.7.Others

4.7.1.Market size and forecast, by region, 2021-2030
4.7.2.Comparative market share analysis, 2021-2030

5.Electrostatic Discharge (ESD) Foams Market, by Region

5.1.North Region

5.1.1.Market size and forecast, by End-user, 2021-2030
5.1.2.Market size and forecast, by country, 2021-2030
5.1.3.Comparative market share analysis, 2021-2030

5.1.4.U.S

5.1.4.1.Market size and forecast, by End-user, 2021-2030
5.1.4.2.Market size and forecast, by vertical, 2021-2030

5.1.5.Canada

5.1.5.1.Market size and forecast, by End-user, 2021-2030
5.1.5.2.Comparative market share analysis, 2021-2030

5.2.Europe

5.2.1.Market size and forecast, by End-user, 2021-2030
5.2.2.Market size and forecast, by country, 2021-2030
5.2.3.Comparative market share analysis, 2021-2030

5.2.4.UK

5.2.4.1.Market size and forecast, by End-user, 2021-2030
5.2.4.2.Comparative market share analysis, 2021-2030

5.2.5.Germany

5.2.5.1.Market size and forecast, by End-user, 2021-2030
5.2.5.2.Comparative market share analysis, 2021-2030

5.2.6.France

5.2.6.1.Market size and forecast, by End-user, 2021-2030
5.2.6.2.Comparative market share analysis, 2021-2030

5.2.7.Italy

5.2.7.1.Market size and forecast, by End-user, 2021-2030
5.2.7.2.Comparative market share analysis, 2021-2030

5.2.8.Rest of Europe

5.2.8.1.Market size and forecast, by End-user, 2021-2030
5.2.8.2.Comparative market share analysis, 2021-2030

5.3.Asia-Pacific

5.3.1.Market size and forecast, by End-user, 2021-2030
5.3.2.Comparative market share analysis, 2021-2030
5.3.3.Market size and forecast, by country, 2021-2030

5.3.4.China

5.3.4.1.Market size and forecast, by End-user, 2021-2030
5.3.4.2.Comparative market share analysis, 2021-2030

5.3.5.India

5.3.5.1.Market size and forecast, by End-user, 2021-2030
5.3.5.2.Comparative market share analysis, 2021-2030

5.3.6.Japan

5.3.6.1.Market size and forecast, by End-user, 2021-2030
5.3.6.2.Comparative market share analysis, 2021-2030

5.3.7.South Korea

5.3.7.1.Market size and forecast, by End-user, 2021-2030
5.3.7.2.Comparative market share analysis, 2021-2030

5.3.8.Australia

5.3.8.1.Market size and forecast, by End-user, 2021-2030
5.3.8.2.Comparative market share analysis, 2021-2030

5.3.9.Rest of Asia Pacific

5.3.9.1.Market size and forecast, by End-user, 2021-2030
5.3.9.2.Comparative market share analysis, 2021-2030

5.4.LAMEA

5.4.1.1.Market size and forecast, by End-user, 2021-2030
5.4.1.2.Market size and forecast, by country, 2021-2030
5.4.1.3.Comparative market share analysis, 2021-2030

5.4.2.Latin America

5.4.2.1.Market size and forecast, by End-user, 2021-2030
5.4.2.2.Comparative market share analysis, 2021-2030

5.4.3.Middle East

5.4.3.1.Market size and forecast, by End-user, 2021-2030
5.4.3.2.Comparative market share analysis, 2021-2030

5.4.4.Africa

5.4.4.1.Market size and forecast, by End-user, 2021-2030
5.4.4.2.Comparative market share analysis, 2021-2030

6.Company profiles

6.1.Smurfit Kappa Group

6.1.1.Business overview
6.1.2.Financial performance
6.1.3.Product portfolio
6.1.4.Recent strategic moves & developments
6.1.5.SWOT analysis

6.2.BASF

6.2.1.Business overview
6.2.2.Financial performance
6.2.3.Product portfolio
6.2.4.Recent strategic moves & developments
6.2.5.SWOT analysis

6.3.Desco Industries

6.3.1.Business overview
6.3.2.Financial performance
6.3.3.Product portfolio
6.3.4.Recent strategic moves & developments
6.3.5.SWOT analysis

6.4.DowDuPont

6.4.1.Business overview
6.4.2.Financial performance
6.4.3.Product portfolio
6.4.4.Recent strategic moves & developments
6.4.5.SWOT analysis

6.5.PPG Industries.,

6.5.1.Business overview
6.5.2.Financial performance
6.5.3.Product portfolio
6.5.4.Recent strategic moves & developments
6.5.5.SWOT analysis

6.6.TIP Corporation.

6.6.1.Business overview
6.6.2.Financial performance
6.6.3.Product portfolio
6.6.4.Recent strategic moves & developments
6.6.5.SWOT analysis

6.7.Conductive Containers Inc.

6.7.1.Business overview
6.7.2.Financial performance
6.7.3.Product portfolio
6.7.4.Recent strategic moves & developments
6.7.5.SWOT analysis

6.8.Elcom (UK) Ltd 

6.8.1.Business overview
6.8.2.Financial performance
6.8.3.Product portfolio
6.8.4.Recent strategic moves & developments
6.8.5.SWOT analysis

6.9.Tandem Equipment Sales Inc.

6.9.1.Business overview
6.9.2.Financial performance
6.9.3.Product portfolio
6.9.4.Recent strategic moves & developments
6.9.5.SWOT analysis

6.10.Global STATCLEAN SYSTEMS

6.10.1.Business overview
6.10.2.Financial performance
6.10.3.Product portfolio
6.10.4.Recent strategic moves & developments
6.10.5.SWOT analysis

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