Global Vapor Corrosion Inhibitor (VCI) Bags Market, By Product Type (Zipper Bags, Gusset Bags, Flat Bags, Others), Material Type (Polyethylene, Polypropylene, Polyethylene Terephthalate, Polyvinyl Chloride), Metal Protection Type (Ferrous, Non-Ferrous, Anti-Tarnish, Others), End Use (Electrical and Electronics, Food Industries, Automobile, Aerospace, Military Applications, Metalworking Industries, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Vapor Corrosion Inhibitor (VCI) Bags Market
For the forecast period from 2021 to 2028, the vapor corrosion inhibitor (VCI) bags market is projected to expand at a rate of 5.0%. Market report on vapor corrosion inhibitor (VCI) bags analyses development, which is currently growing due to increasing product uses to provide corrosion safety during storage and transport.
A poly packaging film converted to a container that is manufactured with added VCI chemistry is a VCI container, or Vapor Corrosion Inhibitor bag. By forming a thin, invisible film on the surface, VCI molecules protect metals against corrosion. For up to three years, VCI prevents metal parts from corrosion as long as there is no major, continuous air exchange inside the enclosure.
The growing usages of the product as metal component packaging bags and for packaging of ferrous and non-ferrous and other metals, increasing demand of the bags to enhance the shelf life of the components, wastage reduction as well as high speed production, rising preferences towards the usage of eco-friendly and easy to recycle bags are some of the major as well as vital factors which will likely to augment the growth of the vapor corrosion inhibitor (VCI) bags market in the projected timeframe of 2021-2028. On the other hand, due to the no galvanic effects and no other residues that can change the properties of metal along with rising number of applications from various industries such as food industry and other industry which will further contribute by generating immense opportunities that will led to the growth of the vapor corrosion inhibitor (VCI) bags market in the above mentioned projected timeframe.
Poor temperature resistance along with rising need of other corrosion inhibitors which will likely to act as market restraints factor for the growth of the vapor corrosion inhibitor (VCI) bags in the above mentioned projected timeframe. VCI technology may be reduced if large amounts of water infiltrates the packaging along with the product does not reduce rust if rust is already present which will become the biggest and foremost challenge for the growth of the market.
This vapor corrosion inhibitor (VCI) bags market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on vapor corrosion inhibitor (VCI) bags market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Vapor Corrosion Inhibitor (VCI) Bags Market Scope and Market Size
Vapor corrosion inhibitor (VCI) bags market is segmented on the basis of product type, material type, metal protection type, and end use. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product type, the vapor corrosion inhibitor (VCI) bags market is segmented into zipper bags, gusset bags, flat bags, and others. Others have been further segmented into elasticated bags, and engine bags.
- Based on material type, the vapor corrosion inhibitor (VCI) bags market is segmented into polyethylene, polypropylene, polyethylene terephthalate, and polyvinyl chloride.
- On the basis of metal protection type, the vapor corrosion inhibitor (VCI) bags market is segmented into ferrous, non-ferrous, anti-tarnish, and others.
- Based on end use, the vapor corrosion inhibitor (VCI) bags market is segmented into electrical and electronics, food industries, automobile, aerospace, military applications, metalworking industries, and others.
Vapor Corrosion Inhibitor (VCI) Bags Market Country Level Analysis
Vapor corrosion inhibitor (VCI) bags market is analysed and market size, volume information is provided by country, product type, material type, metal protection type, and end use as referenced above.
The countries covered in the vapor corrosion inhibitor (VCI) bags market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
The U.S. dominates the North America vapor corrosion inhibitor (VCI) bags market due to the rising usages of the product in various industries in the region. Asia-Pacific region is expected to hold the largest growth rate due to the growth of the automobile as well as food industry in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Vapor Corrosion Inhibitor (VCI) Bags Market Share Analysis
Vapor corrosion inhibitor (VCI) bags market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to vapor corrosion inhibitor (VCI) bags market.
The major players covered in the vapor corrosion inhibitor (VCI) bags market report are Northern Technologies International Corporation (NTIC); Daubert Cromwell, Inc.; Green Packaging, Inc.; Safepack Industries Ltd.; AMERICAN PLASTICS COMPANY; General Plastic Extrusions; Heritage Packaging; RBL INDUSTRIES; Modern Packaging; Modi Polyfab Pvt Ltd; Intercept Jewelry Care; Edco Supply Corporation.; Alpha Polymer Industries; Protective Packaging Corporation; Armor Protective Packaging; M-Line Inc.; Boomerang Packaging, Inc.; Cortec Packaging.; Pregis LLC; ZAVENIR DAUBERT INDIA.; among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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