One kind of packaging used to prevent the corrosion of metal products while being kept and transported is packing containing volatile corrosion inhibitors (VCI). Using VCI packaging, volatile corrosion inhibitors are released, creating a shield on the metal surface to prevent corrosion. VCI packaging is used by a variety of industries, including the automotive, aerospace, military, and electronics industries.
The demand for corrosion-resistant packaging alternatives is on the rise, which has caused the global VCI packaging market to consistently grow. The volatile corrosion inhibitors packaging market is projected to grow at a CAGR of 6.1% from USD 778 million in 2022 to USD 1,175 million in 2029.
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Another factor driving the growth of the VCI packaging market is the expanding need for high-performance packaging solutions across numerous industries. For example, in the automotive industry, VCI packaging is used to protect various metal components, such as engines, gearboxes, and brake parts, while being stored and transported. The aerospace industry uses VCI packaging to stop corrosion when moving and storing delicate electrical items, aircraft parts, and other metal parts.
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One of the challenges facing the VCI packaging market is the increasing complexity of the supply chain. With many industries relying on VCI packaging for the protection of their metal products, there is a growing demand for customized solutions that are tailored to specific applications and requirements. This has led to an increase in the number of suppliers and manufacturers involved in the supply chain, which can lead to challenges in terms of quality control, consistency, and logistics.
Overall, the VCI packaging market is a growing industry that is being driven by the increasing demand for corrosion-resistant packaging solutions. With the focus on customization, innovation, and performance, manufacturers are working to meet the evolving needs of various industries and applications. As the market continues to grow and evolve, it is likely that we will see new products and technologies emerge to meet the needs of customers and industries around the world.
Competitive Landscape
Companies operating in the volatile corrosion inhibitors packaging market are aiming at expansions and strategic partnerships with other manufacturers to expand their product manufacturing capabilities, product portfolio and global presence.
- In May 2021, Northern Technologies International Corp. business unit launched Natur-VCI a biodegradable and compostable vapor corrosion inhibitor film which is manufactured to shield both types of metals which showcase ferrous and non-ferrous properties during shipment and short-term storage.
- On June 2019, Cortec Corp. launched EcoCorr® Film, which is a biodegradable, compostable VCI packaging film that provides contact, barrier, and vapor corrosion inhibition.
- In April 2019, Daubert Cromwell Inc. introduced environmental-friendly Clear Pak brand VCI films with Clear Pak 5000 to protect steel, aluminum, and copper.
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Key Players:
- Cortec Corporation
- Armor Protective Packaging
- Branopac India Pvt. Ltd.
- Daubert Cromwell, LLC
- Haver Plastics Co Ltd.
- Muller LCS Inc.
- NTIC (Zerust Excor)
- Mondi Group
Volatile Corrosion Inhibitors Packaging Market by Categor
By Product:
- VCI Paper
- VCI Film
- Stretch
- Shrink
- Sheet
- VCI Bags
- Flat
- Gusseted
- Zipper
- Foam
- Others
By Material:
- Paper
- Polyethylene
- Others
By End-user Industry:
- Aerospace & Defense
- Primary Metal
- Electricals & Electronics
- Automotive
- Heavy Equipment
- Metal Works
- Others
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