Global VCI Paper Market Size By Product (VCI Paper For Ferrous Metals, VCI Paper For Non-Ferrous Metals), By Application (Metal Producing, Metal Forging And Die Casting), By Geographic Scope And Forecast

VCI Paper Market Size And Forecast

VCI Paper Market size is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2024 to 2031.

VCI papers are anti-corrosive, quite economical, recyclable &environment friendly. Also, they can be wrapped to metallic parts without the usage of packaging tapes thus reducing the cost. This is likely to drive the VCI Paper Market during the forecasted period. The Global VCI Paper Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global VCI Paper Market Definition

VCI i.e. Volatile Corrosion Inhibitors are the corrosion inhibitors used to protect non-ferrous and ferrous materials against oxidation and corrosion. It is generally applied to surfaces where it is impractical to apply surface treatments. VCI is a natural kraft paper used which is coated with volatile chemicals either on one or both sides. It is generally used in packaging to protect metallic products from corrosion and rust. They are effective only in an enclosed/confined space. VCI paper decreases the corrosion rate of a metal or an alloy. They are used in various applications such as packaging, emitter, pipe casings, pipeline preservation, aboveground storage tanks, inferior large enclosed space, water treatment, and specialty covers.

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Global VCI Paper Market Overview

VCI papers are anti-corrosive in nature and they increase the life-cycle of the products without interfering with their mechanical or electrical surface properties. This is likely to drive the VCI Paper Market during the forecasted period. Also, VCI paper is quite economical and environmentally friendly. These factors are expected to fuel the market in the coming years. Additionally, the recyclable nature of VCI papers and the convenience of using them will leverage the market. They can be wrapped in metallic parts without the usage of packaging tapes thus making the packaging process more cost-effective. This will influence the market positively. There are certain restraints and challenges faced which can hinder market growth. Factors such as hindrance during the visual inspection of machines and compatibility issues with the smaller components & parts can act as market restraints.

Global VCI Paper Market: Segmentation Analysis

The Global VCI Paper Market is Segmented on the basis of Product, Application, and Geography.

VCI Paper Market, By Product

• VCI Paper For Ferrous Metals
• VCI Paper For Non-Ferrous Metals
• VCI Multi-Metal Papers

Based on Product, the market is bifurcated into VCI Paper For Ferrous Metals, VCI Paper For Non-Ferrous Metals, and VCI Multi-Metal Papers. VCI paper for ferrous metals is expected to hold the largest market share owing to the need to protect ferrous components due to the corrosive nature of ferrous material and its application in all automotive passenger & commercial vehicles.

VCI Paper Market, By Application

• Metal Producing
• Metal Forging and Die Casting
• Metalworking
• Finished Products
• Others

Based on Application, the market is bifurcated into Metal Producing, Metal Forging and Die Casting, Metalworking, Finished Products, and Others. The driving factor for the use of VCI papers in all applications is its ability to protect all metals from corrosion and oxidation.

VCI Paper Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the world

Based on regional analysis, the Global VCI Paper Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The largest share in the market will be dominated by North America and Europe owing to the rising demand for VCI papers for advanced packaging products in these regions. The Asia Pacific will grow with a significant growth rate due to the availability of low-cost resources.

Key Players

• The "Global VCI Paper Market" study report will provide valuable insight with an emphasis on the global market. The major players in the market are
• 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.
• The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

• In June 2019, Cortec has launched its CorShield VpCI-146 paper with the addition of Eco-Bio technology, to offer an environmentally friendly packaging solution.
• Cortec Corporation opened a bioplastics and anticorrosion films plant in Baranja, Croatia, in May 2019.
• Daubert Cromwell Inc. introduced Clear Pak 5000, an environmentally friendly VCI film, in April 2019 to protect steel, aluminum, and copper.
• Natur-VCI, a biodegradable and compostable vapor corrosion inhibitor film, was introduced in May 2021 by the Northern Technologies International Corp. business unit to protect both ferrous and non-ferrous metals during shipment and short-term storage.
• ALFA Solution introduced the ProGARDO VCI product line in August 2015, which includes bags and shrink wrap film for wrapping components and machinery.
• EcoCortec, a Cortec Corporation subsidiary, introduced Corpak Static Dissipative Bubble Film with Volatile Corrosion Inhibitors in November 2015.
• New ClearPak(R) 5000 poly was introduced in February 2021 as a tested, approved, and now widely accepted packaging film for storing and transporting aluminum, steel, and other metals.
• Daubert Cromwell, corrosion inhibitors and protective packaging manufacturer opened a new plant in Brazil, Daubert Brasil, in February 2017. The company's globally tested volatile corrosion inhibitors, poly and paper packaging brands, devices, and rust preventive liquids will be manufactured at this new plant.