What is Global Volatile Corrosion Inhibitors (VCI) Packaging Material Market?
The Global Volatile Corrosion Inhibitors (VCI) Packaging Material Market is a vast and dynamic field that encompasses a wide range of products and applications. This market revolves around the use of specific packaging materials that are designed to prevent the corrosion of metals. These materials are impregnated with volatile corrosion inhibitors, which are substances that can evaporate and form a protective layer on the surface of the metal. This layer acts as a barrier, preventing the metal from coming into contact with corrosive agents such as moisture, oxygen, and other environmental factors. The global market for these materials is substantial and continues to grow, driven by the increasing demand for effective corrosion protection in various industries.
VCI Paper, VCI Film, VCI Bag, Others in the Global Volatile Corrosion Inhibitors (VCI) Packaging Material Market:
The Global Volatile Corrosion Inhibitors (VCI) Packaging Material Market includes several types of products, such as VCI paper, VCI film, VCI bags, and others. VCI paper is a type of packaging material that is coated with volatile corrosion inhibitors. This paper is often used to wrap metal parts and prevent them from corroding during storage or transportation. VCI film, on the other hand, is a plastic film that is also impregnated with volatile corrosion inhibitors. This film is typically used to cover large metal objects or to create a corrosion-resistant barrier inside shipping containers. VCI bags are similar to VCI film, but they are designed to hold smaller items. Other types of VCI packaging materials include foams, emitters, and diffusers, which release volatile corrosion inhibitors into the surrounding environment.
Metallurgy Industry, Aerospace Industry, Automotive Industry, Oil, Gas and Process Industries, Electronics Industry, Others in the Global Volatile Corrosion Inhibitors (VCI) Packaging Material Market:
The Global Volatile Corrosion Inhibitors (VCI) Packaging Material Market serves a wide range of industries, including the metallurgy industry, aerospace industry, automotive industry, oil, gas and process industries, electronics industry, and others. In the metallurgy industry, VCI packaging materials are used to protect metal parts and components from corrosion during storage and transportation. In the aerospace industry, these materials are used to protect aircraft parts and components from the corrosive effects of the harsh environmental conditions encountered during flight. In the automotive industry, VCI packaging materials are used to protect car parts and components from corrosion during storage, transportation, and assembly. In the oil, gas and process industries, these materials are used to protect equipment and infrastructure from the corrosive effects of the environment. In the electronics industry, VCI packaging materials are used to protect electronic components and devices from corrosion. Other industries that use VCI packaging materials include the marine industry, construction industry, and many more.
Global Volatile Corrosion Inhibitors (VCI) Packaging Material Market Outlook:
The future outlook for the Global Volatile Corrosion Inhibitors (VCI) Packaging Material Market is promising. In 2022, the market was valued at US$ 643 million, and it is expected to grow to US$ 896.2 million by 2029. This represents a compound annual growth rate (CAGR) of 4.8% during the forecast period from 2023 to 2029. The market is dominated by the top 2 manufacturers, who collectively hold a market share of about 30%. In terms of product types, VCI paper is the largest segment, accounting for over 40% of the market. This indicates a strong demand for VCI paper, which is likely to continue in the future.
| Report Metric | Details |
| Report Name | Volatile Corrosion Inhibitors (VCI) Packaging Material Market |
| Accounted market size in 2023 | US$ 676.5 million |
| Forecasted market size in 2029 | US$ 896.2 million |
| CAGR | 4.8 |
| Base Year | 2023 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Sales by Region |
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| By Company | CORTEC, Aicello, Branopac, Armor Protective Packaging, Oji F-Tex, Daubert VCI, Zerust, Rustx, Transilwrap (Metpro), Protective Packaging Corporation, Technology Packaging, Protopak Engineering Corp, Green Packaging, CVCI, Shanghai Santai, KEYSUN, Nantong Yongyu Anti-Rust |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
