The global VCI Film market size is expected to reach close to US$ 90.7 Mn by 2029 with an annualized growth rate of 5.6% through the projected period.
Demand for VCI Film has mainly been driven by the increasing demand the downstream market. One of the major factor driving the VCI film market is rising demand of the downstream market.
Additionally, corrosion inhibitors if applied to the items can enable preventing corrosion and rust. Besides, volatile corrosion inhibitors (VCI) or else vapor phase corrosion inhibitors can either be delivered in the package inside a pouch or else it can be integrated in an overwrap of saturated special paper.
The global VCI Film market has been segmented by different product types, end users/applications and geography. Further, product type segment of the market is sub-divided into VCI Stretch film and VCI Shrink film. Likewise, end-user segment of the VCI Film market has been bifurcated into Machinery Industry and Electronic industry.
Geographically, VCI Film market has been segmented into several key regions covering North America, Asia-Pacific, Europe, Middle East & Africa and Latin America. In addition, North America dominates the market of VCI Film across the globe in terms of production (by xx% share) as well as consumption (by xx% share) in terms of volume. Besides, Asia-Pacific is the emerging region expected in terms of consumption in upcoming years.
The market of VCI Film has been across the globe is moderately fragmented as well as highly competitive in nature. Some of the key regions operating in the competitive landscape of the market include Cortec, Aicello Corporation, Nantong Yongyu Anti-Rust, Nokstop Chem, Shenyang VCI, Branopac, NTIC, Daubert, Shanghai Dajia Electronics and MetPro Group. Additionally, Cortec leads the market with highest share as it is one of the biggest supplier across the world, trailed by Aicello Corporation.
On the other hand, though the market has lot of opportunities, industry barriers are still high. Thus, it is for the new entrants it is suggested that regardless of having sufficient amount of investment, it is suggested not to enter the market without technical benefit as well as downstream support.
VCI Film Market Scope
|Forecast Unit||Value (USD)|
|Revenue forecast in 2032||US$ 90.7 Mn|
|Growth Rate||CAGR of 5.6% during 2022-2032|
|Segment Covered||by application into, Regions|
|Regions Covered||North America, Europe, Asia Pacific, South America, Middle East and Africa|
|Key Players Profiled||Daubert Cromwell, Transcendia Inc., Armor Protective Packaging, BRANOpac, Zavenir Daubert, Cortec Corporation, Aicello Corporation, NTIC, Branopac, MetPro Group, Nantong Yongyu Anti-Rust, Shenyang VCI, Nokstop Chem, Nefab Group, Crayex Corporation, Intertape Polymer Group, Patkar Extrusiontech (Pvt.) Ltd, James Dawson Enterprises Inc., RBL Industries, Tewes Corporation and others.|
Key segments of the global VCI Film industry include:
- Product type segment
- VCI Stretch film
- VCI Shrink film
- End users/applications segment
- Machinery Industry
- Electronic industry
- Geographical Segmentation
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy and Russia etc.)
- Middle East & Africa (Egypt, South Africa, Saudi Arabia)
- Latin America (Brazil, Chile, Peru and Argentina)
- Asia-Pacific (China, Japan, Southeast Asia, India and Korea)