The report offers detailed coverage of VCI Anti Rust Paper industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading VCI Anti Rust Paper by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
Volatile corrosion inhibitors (VCI) are a type of corrosion inhibitor that are used to protect ferrous materials and nonferrous metals against corrosion or oxidation where it is impractical to apply surface treatments. They slowly release compounds within a sealed airspace that actively prevents surface corrosion. A typical application is to protect stored tools or parts inside bags, boxes or cupboards, one advantage of VCIs being that if the container is opened and reclosed, levels of inhibitor will recover.
The steady growth of the automotive industry and aerospace industry, and the vigorous development of the rail transportation industry are the key factors driving the growth of the market.
North America was the largest production market with a market share of 38.74% in 2012 and 37.54% in 2017 with a decrease of 1.19%. Europe ranked the second market with the market share of 21.32% in 2016.
The VCI paper for ferrous metals segment of this market is estimated to account for the largest market share, in terms of value, in 2017. This segment leads the market due to its application in all automotive vehicles passenger vehicle or commercial vehicle that roll out of the manufacturing unit. The second largest market, by application, in 2017 is the engine control and cooling system, followed by Aerospace Precision Parts.
The global market for VCI Anti Rust Paper is projected to reach US$ 142.29 million by 2022, driven by the steadily recovering global economy and the parallel improvement in outlook for the automotive and manufacturing sectors. Asia-Pacific represents the largest market worldwide, supported by rising public sector investments in defense, infrastructure and aerospace, across countries including China, Malaysia, South Korea and India. Also driving growth is the growing foreign direct investments in the manufacturing sector in key Asian economies. The United States represents another major market for VCI Anti Rust Paper with reshoring marking the beginning of the much awaited manufacturing renaissance in the country. 'Bolts' represents the largest product market while the 'automotive' sector ranks as the largest end-use market.
The report forecast global VCI Anti Rust Paper market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global VCI Anti Rust Paper market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
CORTEC
Branopac
Armor Protective Packaging
OJI PAPER
Daubert VCI
Zerust
RustxUS
LPS Industries
Transilwrap (Metpro)
Protective Packaging Corporation
RBL Industries
Technology Packaging Ltd
Protopak Engineering Corp
Green Packaging
At the same time, we classify VCI Anti Rust Paper according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
VCI paper for ferrous metals
VCI paper for non-ferrous metals
VCI multi-metal papers
Market by Application
Metal Producing
Metal Forging and Die Casting
Metalworking
Finished Products
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the VCI Anti Rust Paper market for the forecast period 2021 - 2025?
• What are the driving forces in the VCI Anti Rust Paper market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the VCI Anti Rust Paper industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?