Antistatic Brushes Market Analysis, Scope, and Growth by 2028
Antistatic Brushes Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 216.69 Million |
Market Size by 2028 | US$ 287.71 Million |
Global CAGR (2022 - 2028) | 4.8% |
Historical Data | 2020-2021 |
Forecast period | 2023-2028 |
Segments Covered |
By Filament Material
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
IMPACT OF COVID/IMPACT OF GEOPOLITICAL SCENARIO/IMPACT OF RECESSION
The COVID-19 pandemic led to a decline in the progress of many industries across the world. Automotive, electricals & electronics, semiconductors, and metalworking have been among the major industries driving the antistatic brushes market growth. In 2020, these industries had to suspend their operations due to value chain disruptions caused by the restrictions on national and international boundaries. The pandemic wreaked havoc on the stable antistatic brushes industry. The shortage of manpower resulted in the deceleration of antistatic brushes production and distribution operations. Disruptions in the global supply chain and the shutdown of production facilities hampered the antistatic brushes market growth.
In 2021, the global marketplace began recovering from the losses incurred in 2020 as governments of different countries announced relaxation in social restrictions. Manufacturers could operate at full capacities, which helped them overcome the demand–supply gap. Moreover, rising vaccination rates contributed to improvements in the overall conditions in different countries, which led to conducive environments for industrial and commercial progress. These factors have been boosting the antistatic brushes market growth in different regions in the post-pandemic recovery period.
COMPETITIVE LANDSCAPE AND KEY COMPANIES
A few of the players operating in the antistatic brushes market include Gordon Brush Mfg Co Inc, The Industrial Brush Co Inc, Precision Brush Co, Cocker-Weber Brush Co, Spiral Brushes Inc, Amstat Industries Inc, Ultrafab Inc, KOTI Industrial and Technical Brushes BV, Westmont Inc, and KIST + ESCHERICH GmbH. Major players operating in this market focus on providing high-quality products to fulfill customer demand.