Global Electrostatic Discharge (ESD) Foams Market to Generate $895.2 Million and Exhibit a CAGR of 9.5% from 2021 to 2030 [171-Pages] | Divulge by Research Dive

Electrostatic Discharge (ESD) Foams Market Dynamics Electrostatic Discharge (ESD) Foams Market Dynamics Electrostatic discharge (ESD) foams are extensively used in automotive, manufacturing, defense & military, aerospace, and healthcare for various operational uses. ESD packages help to secure products that can be securely transported from one place to another and also prevents electrostatic or electrostatic electricity from damaging electronic products in transit. Besides, ESD...
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Electrostatic Discharge (ESD) Foams Market Dynamics

Electrostatic discharge (ESD) foams are extensively used in automotive, manufacturing, defense & military, aerospace, and healthcare for various operational uses. ESD packages help to secure products that can be securely transported from one place to another and also prevents electrostatic or electrostatic electricity from damaging electronic products in transit. Besides, ESD packages provide safety to the products from inflammable gases and liquids. All these factors are estimated to propel the growth of the global electrostatic discharge (ESD) foams market during the forecast period. Moreover, technological advancements and growing investments in biodegradable ESD foams are estimated to create massive growth opportunities for the global market by 2028. However, the high costs associated with ESD packages and the bulky nature if ESD foams are expected to hamper the market growth during the estimated timeframe.

Impact of COVID-19 Pandemic on the Electrostatic Discharge (ESD) Foams Market

The COVID-19 pandemic has negatively impacted the global electrostatic discharge (ESD) foams market growth. This is majorly owing to the lockdown restrictions imposed by several governments across the globe, which resulted in temporary shutdown of electronic industrial sites. In addition, obstruction in the production of electronic devices during the pandemic period has also affected the market growth. However, the demand for electronic products and electronic components is expected to increase after the pandemic settles.

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Key Segment Findings of the Electrostatic Discharge (ESD) Foams Market:

The research report segments the electrostatic discharge (ESD) foams market into end-user and region.

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Prominent Electrostatic Discharge (ESD) Foams Market Players

Global Electrostatic Discharge (ESD) Foams Market to Generate $895.2 Million and Exhibit a CAGR of 9.5% from 2021 to 2030 [171-Pages] | Divulge by Research Dive

The key players of the global electrostatic discharge (ESD) foams market include

These players are focusing on product launches, technological advancements, and strategic collaborations to gain competitiveness in the global market.

For instance, in February 2022, PPG, a global manufacturer of paints, coatings, and specialty materials, entered into an agreement to acquire an industrial coatings company based in Italy, Arsonisis's powder coatings business. With this acquisition, PPG Industries will enhance its portfolio by including metallic bonding.

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