South Korea Electrostatic Discharge (ESD) Films Market Size, Share, and COVID-19 Impact Analysis, By End-user (Network and Telecommunication Industry, Consumer Electronics and Computer Peripheral, Automotive Industry, Military and Defense, Healthcare, Aerospace, and Others), and South Korea Electrostatic Discharge (ESD) Films Market Insights, Industry Trend, Forecasts to 2033
Industry: Chemicals & MaterialsSouth Korea Electrostatic Discharge (ESD) Films Market Insights Forecasts to 2033
- The South Korea Electrostatic Discharge (ESD) Films Market is Growing at a CAGR of 9.76% from 2023 to 2033
- The South Korea Electrostatic Discharge (ESD) Films Market Size is Expected to Reach a Significant Share by 2033
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The South Korea Electrostatic Discharge (ESD) Films Market is anticipated to reach a significant share by 2033, growing at a CAGR of 9.76% from 2023 to 2033.
Market Overview
The South Korea electrostatic discharge (ESD) films market refers to the industry involved in the production and supply of films designed to protect electronic components from electrostatic discharge, which can cause damage to sensitive devices. These films are widely used in industries such as electronics, semiconductors, and packaging to ensure the safe handling and transportation of electronic parts. The increasing adoption of advanced technologies, such as 5G and IoT devices, presents further opportunities for ESD films, as these technologies require enhanced protection for delicate electronic components. However, South Korea is home to some of the world's leading electronics manufacturers, such as Samsung and LG, making it a hub for the production and use of ESD films. The high production volume of semiconductors, displays, and mobile devices further stimulates the market for protective materials.
Report Coverage
This research report categorizes the market for the South Korea electrostatic discharge (ESD) films market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea electrostatic discharge (ESD) films market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea electrostatic discharge (ESD) films market.
South Korea Electrostatic Discharge (ESD) Films Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 9.76% |
Historical Data for: | 2019-2022 |
No. of Pages: | 240 |
Tables, Charts & Figures: | 100 |
Segments covered: | By End-user and COVID-19 Impact Analysis |
Companies covered:: | Desco Industries, Tandem Equipment Sales Inc., TIP Corporation, PPG Industries, Global Statclean Systems, BASF, Elcom (UK) Ltd., Conductive Containers Inc., Smurfit Kappa Group and otrhers key vendors. |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
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Driving Factors
The rapid growth of the semiconductor and consumer electronics industries is a significant driver, as these sectors rely heavily on ESD protection to prevent damage to sensitive components during manufacturing, transportation, and storage. The increasing production of electronic devices, including smartphones, tablets, and wearables, has heightened the demand for ESD films to safeguard these products. Additionally, advancements in technology, such as the rise of 5G networks, IoT devices, and smart electronics, further contribute to the need for enhanced ESD protection.
Restraining Factors
The complexity of integrating ESD protection in various electronic designs may also pose a barrier for some manufacturers, especially smaller companies with limited technical capabilities.
Market Segmentation
The South Korea electrostatic discharge (ESD) films market share is classified into end-user.
- The consumer electronics and computer peripheral segment accounted for the major revenue share in 2023 and is expected to grow at a substantial CAGR during the forecast period.
The South Korea electrostatic discharge (ESD) films market is segmented by end-user into network and telecommunication industry, consumer electronics and computer peripheral, automotive industry, military and defense, healthcare, aerospace, and others. Among these, the consumer electronics and computer peripheral segment accounted for the major revenue share in 2023 and is expected to grow at a substantial CAGR during the forecast period. The growth is primarily driven by the increasing demand for electronic devices like smartphones, laptops, tablets, and wearables, all of which require ESD protection during manufacturing, packaging, and transportation to prevent damage to sensitive components. As the consumer electronics market continues to expand, the need for ESD films is expected to rise, fueling the segment's growth.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea electrostatic discharge (ESD) films market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Desco Industries
- Tandem Equipment Sales Inc.
- TIP Corporation
- PPG Industries
- Global Statclean Systems
- BASF
- Elcom (UK) Ltd.
- Conductive Containers Inc.
- Smurfit Kappa Group
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In July 2024, Daubert Cromwell introduced VCI/ESD poly films and bags that combine corrosion protection with static shielding, addressing the dual challenges of electrostatic discharge and corrosion in electronic components.
Market Segment
This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the South Korea electrostatic discharge (ESD) films market based on the below-mentioned segments:
- Network and Telecommunication Industry
- Consumer Electronics and Computer Peripheral
- Automotive Industry
- Military and Defense
- Healthcare
- Aerospace
- Others
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