ESD Tapes & Labels Market Are Growing at a Rewarding Growth Rates

The ESD tapes & labels market – global industry segment analysis, regional outlook, share, growth; esd tapes & labels market 2017 to 2027 by future market insights

Electro static charges can accumulate for longer times in conventional adhesive labels or tapes when they are removed of their liner, because the adhesives used generally are insulators. Therefore it may cause some ESD related hazards, they are not suitable to use in printed circuit boards, integrated circuits, mother boards, microprocessors, batteries and other electric and electronic components.

ESD tapes & labels are made with conductive or dissipative materials, as soon as the static discharge builds on the surface they conduct or dissipate it. ESD tapes are used for the purpose of masking, marking, labelling and conductive shielding. There is a requirement that, these tapes & labels should withstand high temperatures.

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Recent trends in global technology sector shows that the internet of things (IoT) market is rapidly growing, which influences the demand for lot of electronic, electric and communication devices. The market penetration of smartphones & other communication and computing devices to influence the growth of ESD tapes & labels market. In PCB soldering and other electronic & electrical manufacturing, ESD masking tapes are used.

These will protect the other electronic components such as capacitors, diodes, transistors, ICs on the board from ESD damages.  ESD signage labels are used to caution in ESD protected areas. Overall the ESD tapes & labels market is estimated to grow at a healthy CAGR, with bigger market opportunity during the forecast period.

ESD Tapes & Labels: Market Dynamics

The demand for ESD tapes & labels is largely contributed from electronics & electrical manufacturing service providers. In last few years outsourcing of product design & manufacturing by original equipment manufacturers (OEMs) has grown considerably. In the last decade the automotive, electrical and electronic manufacturing in western developed world has been shifted to developing eastern world, to exploit cheap labour and cheap manufacturing costs.

Due to this, Bangladesh, India, ASEAN and China ESD tapes & labels market are growing at a rewarding growth rates. This change is expected to drive the global demand for ESD tapes & labels market. Major electronics & electrical manufacturing service providers are located in Asia Pacific region, where China and Japan stands at the top. By country, India is expected to growing at the highest CAGR in electronics & electrical and aerospace manufacturing service market.

This is due to government initiatives like “Make in India”, “Smart City”, “UDAN (regional airport development and Regional Connectivity Scheme)” and other initiatives. Growing massive infrastructure development projects in Asia Pacific region e.g. One Belt One Road (OBOR), China Pakistan Economic Corridor (CPEC), and Sagarmala Project (India) etc. are expected to boost the demand for electronic & electrical and fibre optic devices, which in turn is expected to drive the ESD Tapes & Labels market.

ESD Tapes & Labels are used in labelling, masking, conductive shielding and as signage in manufacturing & packaging of Integrated circuits (ICs), microprocessors, PCBs, Capacitors, CDs, Cell phones, batteries, reels & tapes, TVs, and other automotive electronic and electrical parts.

Growing middle class population and changing lifestyle in emerging markets such as China, India, Brazil, Argentina, Mexico, South Africa and Nigeria is influencing the demand for automotive and electric & electronics goods, which in turn is driving the demand for ESD tapes & labels. Overall, the global ESD tapes & labels market is expected to grow at a healthy CAGR during the forecast period.

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