Report : Europe Antistatic Brushes Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Filament Material (Nylon, Stainless Steel, Brass, Aluminum, Carbon Fiber, and Others), Brush Type (Tufted Strip and Plate Brushes, Disk Brushes, Cylindrical Brushes, and Others), and Application (Automotive, Metalworking, Electronics, Industrial Machinery, and Others)
At 4.5% CAGR, the Europe Antistatic Brushes Market is speculated to be worth US$ 70.23 million by 2028, says Business Market Insights
According to Business Market Insights research, the Europe antistatic brushes market was valued at US$ 54.07 million in 2022 and is expected to reach US$ 70.23 million by 2028, registering a CAGR of 4.5% from 2022 to 2028. Growing demand from electronics manufacturing industry and increasing automation and industry 4.0 implementation in industrial sector are the critical factors attributed to the Europe antistatic brushes market expansion.
The electronics industry is one of the largest and fastest-growing industries in the world. Electronic components are highly sensitive to static electricity. During the manufacturing process, static charges can accumulate on the surfaces of components, circuit boards, or assembly equipment. If not controlled effectively, electrostatic discharge (ESD) can cause damage to these sensitive electronic parts, resulting in product failures, decreased reliability, and increased costs. Moreover, the risk of static damage increases with the continuous miniaturization of electronic devices. Miniaturized components are more susceptible to ESD due to their reduced size and increased sensitivity. Antistatic brushes are used to dissipate static charges and prevent ESD, ensuring the integrity and quality of electronic products. Therefore, the rising demand from the proliferating electronic industry fuels the Europe antistatic brushes market growth.
On the contrary, availability of alternative solutions hurdles the growth of Europe antistatic brushes market.
Based on filament material, the Europe antistatic brushes market is segmented into nylon, stainless steel, brass, aluminum, carbon fiber, and others. The others segment held 27.8% share of Europe antistatic brushes market in 2022, amassing US$ 15.02 million. It is projected to garner US$ 19.60 million by 2028 to expand at 4.5% CAGR during 2022–2028.
Based on brush type, the Europe antistatic brushes market is segmented into tufted strip and plate brushes, disk brushes, cylindrical brushes, and others. The tufted strip and plate brushes segment held 39.1% share of Europe antistatic brushes market in 2022, amassing US$ 21.13 million. It is projected to garner US$ 28.19 million by 2028 to expand at 4.9% CAGR during 2022–2028.
Based on application, the Europe antistatic brushes market is segmented into automotive, metalworking, electronics, industrial machinery, and others. The industrial machinery segment held 41.8% share of Europe antistatic brushes market in 2022, amassing US$ 22.60 million. It is projected to garner US$ 29.19 million by 2028 to expand at 4.4% CAGR during 2022–2028.
Based on country, the Europe antistatic brushes market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Our regional analysis states that Germany captured 29.4% share of Europe antistatic brushes market in 2022. It was assessed at US$ 15.91 million in 2022 and is likely to hit US$ 20.81 million by 2028, exhibiting a CAGR of 4.6% during the forecast period.
Key players profiles in the Europe antistatic brushes market report Gordon Brush Mfg Co Inc; KIST + ESCHERICH GmbH; KOTI Industrial & Technical Brushes BV; and Ultrafab Inc, among others.
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