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Electrostatic Discharge (ESD) Trays Market Expected to Reach $1.3 Billion by 2030—Allied Market Research

 
2022
Electrostatic Discharge (ESD) Trays Market

Report Code : A16842

quote Extensive demand for electrostatic discharge (ESD) trays in biodegradable packaging may act as the major driving factor for the market. quote

Vitika Verma - Manager
Materials and Chemicals at Allied Market Research

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ESD trays are widely used for packaging, storage, and shipping of small electronic components and parts such as circuit boards, pcba, pcb, and others. ESD trays are available in conductive and anti-static options that helps in packaging and storage of these electronic components. For instance, Engineered Components & Packaging, LLC, the leading ESD trays provider, offers custom ESD trays with low cost tooling at an affordable price. Some of the popular ESD trays offered by the company includes ESD shipping trays, Anti-static small parts trays, conductive storage trays, anti-static plastic shipping trays, clear insert trays, and others. These products are manufactured and molded using high-strength glass-reinforced composites that can dissipate electrostatic discharge safely. These trays are resistant to radiation, cutting oils, greases, mild acids, and alkaline solutions. ESD trays have exception durability and strength with radial edges and smooth surfaces that ensures secure and safe handling. Owing to such physical strength and properties of ESD trays, the electrostatic discharge trays market share is likely to experience a positive growth in future.

Increased investments in recyclable electrostatic discharge trays by majority of manufacturing units are expected to provide better growth opportunities during the forecast period. Biodegradable trays are less expensive and lighter, but they are still in the experimental stage and will take time to gain market acceptance. Thsi factor is projected to have a positibve impact on electrostatic discharge trays market size growth.

Furthermore, increased internet penetration and consumer electronics e-commerce sales are driving the growth of electrostatic discharge trays. Also, rapid technological advancements in the automotive industry, such as cloud computing and automation, have hastened the adoption of advanced computing systems. Based on this trend, the electrostatic discharge trays industry in this domain is expected to grow significantly over the forecast period. Electrostatic discharge trays market is further expected to gain traction as a result of these factors and developments.

The global electrostatic discharge trays market is segmented on the basis of end-user and region. By end-user, the market has been divided into network & telecommunication industry, consumer electronics & computer peripherals, automotive industry, military & defense, healthcare, aerospace, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in this report 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.

The report focuses on the global electrostatic discharge trays market and the major products & applications, where electrostatic discharge (ESD) trays are utilized. It further highlights numerous factors that influence the market growth, such as forecast, trends, drivers, restraints, opportunities, and roles of different key players that shape the market. The report focuses on the overall demand for electrostatic discharge (ESD) trays in various countries, presenting data in terms of both value and volume. The revenue is calculated by proliferating the volume by region-specific prices, considering the region-wise differentiated prices.

IMPACT OF COVID-19 ON THE GLOBAL ELECTROSTATIC DISCHARGE TRAYS MARKET

  • The unexpected outbreak of coronavirus has had a negative impact on the global market for electric static discharge trays. The pandemic is expected to affect the global electrostatic discharge trays market due to government-imposed lockdowns.
  • The primary applications of ESD trays are in semiconductors, electronic components, and instruments that are good conductors of electricity. As a result of the covid-19 pandemic, many manufacturing plants have closed, reducing the demand for ESD trays. Furthermore, labor shortages, raw material supply, and other issues hampered the electronic device production. These factors had an immediate impact on the market for electrostatic discharge (ESD) trays.

Key Findings of the Study

  • On the basis of end-user, the consumer electronics & computer peripherals sub-segment emerged as the global leader in 2021 and is anticipated to be the largest market during the forecast period.
  • On the basis of region, Asia-Pacific is projected to have the fastest growing market during the forecast period.

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quote Electrostatic Discharge (ESD) Trays Market by End-user (Network and Telecommunication Industry, Consumer Electronics and Computer Peripheral, Automotive Industry, Military and Defense, Healthcare, Aerospace, Others): Global Opportunity Analysis and Industry Forecast, 2021-2030 quote

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