The global demand for VCI Film Market is presumed to reach the valuation of nearly USD XX MN by 2030 from USD XX MN in 2022 with a CAGR of XX% during the period of 2023-2030.
VCI film or Vapor Corrosion Inhibitor film is a poly packaging film that is anti-corrosive. It provides a safe, comfortable, clean, and dry packaging of metal products to be transported or stored. It is available in different inhibitor types, sizes, weights, and can be ordered in rolls, bags, or custom printing. This anti-tarnish film protects metal components, machined parts, engines, molds from rust, corrosion, and tarnish. It is highly preferred for packaging heavy, large, or irregularly shaped pieces and equipment during shipment, long term outdoor storage, or work in progress because it is less likely to puncture or tear. It is also used for safe disposal in a professionally managed composting facility to completely break-down the plastic into humus, water, and CO2.
Market Dynamics
The rapidly growing industrial sector and the increased demand for a viable packaging solution to wrap parts during transportation and storage will be the central stimulant for this market's growth. The various applications expected to witness an increase in demand for VCI films are electronics, coatings, pipelines, storage tanks, oil containers, the interior of equipment, and water treatment plants. Ongoing research and development activities to make these films biodegradable and useful for packaging a wide range of materials will be a market booster. The extensive use of these films in harsh environments such as chemical processing plants, offshore platforms will further propel market growth. The harmful effects on workers in continuous contact with VCI is the main challenge that can restrict the growth of this market.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of VCI film.
Market Segmentation
The entire VCI Film market has been sub-categorized into material type, product type, format, packaging application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Material Type
- Polyethylene
- Polyethylene Terephthalate
- Polypropylene
- Polyvinyl Chloride
- Others
By Product Type
- Stretch VCI Films
- Shrink VCI Films
By Format
- Single wound sheeting
- Tubing
- Center fold sheeting
- Flat and gusseted bags
- Case liner and covers
- Elasticated Bags
- Zipper Bags
- Other Custom Designs
By Packaging Application
- Automotive parts
- Electrical & Electronic components
- Heavy plant machinery
- Military Applications
- Aerospace
- Import & Export packaging
- Contract Packaging
- Other
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for VCI film market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global VCI Film Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the VCI Film market include Daubert Cromwell, Transcendia, Armor Protective Packaging, Branopac India Pvt. Ltd., Tech Corro, Zavenir Daubert, Tewes Corporation. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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