The global vci aerosol market is currently valued at US$ 5.4 Billion in 2023 and is anticipated to expand at a CAGR of 5.3%. Owing to the advances in packaging the market is likely to propel to US$ 9.05 Billion by 2033.
Other factors supporting the market growth are -
Increasing usage in Oil and gas industry
Rapidly growing pulp and paper industry
Technological advancements in the automotive sector
Growing application in metal processing
Vci aerosols work by creating a thin film of molecular ions, which shields metal surfaces from the corrosive effects of moisture, air, and other substances. This invisible film acts as a barrier that prevents air, corrosive type environments, and moisture from coming into contact with the metal surface.
Vci aerosol work for both ferrous and non-ferrous metals. These chemicals can be useful in situations where it is not practical to apply surface treatments to protect the metal from rust or corrosion.
Vci aerosols are mostly used as rust preventers for closed systems like fuel tanks, storage tanks, gear housings, crankshafts, hydraulic reservoirs, metal containers, coolant circulating systems, transmissions, parts of diesel/petrol engines, steel parts etc.
The wide range of practical applications of vci aerosol is expected to increase the demand from different end-use industries over the forecast period. Increasing use of vci aerosol by the automotive industry and electronics manufacturers is the key driver for the growth of the global vci aerosol market.
FMI research indicates that vci aerosol shows great potential for not only durability but improving outcomes for buyers in different areas. The vci aerosol packaging should meet the objectives like:
Vci Aerosol offers protection to many furious and non-furious metals, Vci protect metals from vapour action.
Compatible with rubber, gaskets, oil seals, hoses etc. and most of the paints
Effective in polluted and humid atmosphere
Not harmful to humans and is environment-friendly
VCI spray not require activation prior to usage
VCI Aerosol layer is self-replenishing and replenishes itself when package is re-closed after opening for inspection or such other purpose
North America dominates the global Vci Aerosol market the growth of the market in the region is attributed to increasing investment for research and development processes and the adoption of solution in the region. Asia Pacific is expected to grow at a faster pace during the forecast period. The increasing number of vci aerosol players in the region to boost the market during the forecast period.
Manufacturers in the global market are providing customized solutions in order to gain revenue benefits.Furthermore, many players are introducing advanced Vci products are a cost-effective solution for ensuring a long service life on metal components. For instance, SAFE PACK VCI Aerosol spray is a specially developed multipurpose solution having hi-tech VCI chemicals (volatile corrosion inhibitors) dispersed in an oil or solvent base.
Furthermore, many manufacturers deliver user-friendly integrated solutions for corrosion problems in packaging, metalworking, construction, electronics, oil and gas, and many other industries. Also, the manufacturer of vci aerosol packaging has increased R&D to address technological innovations, such as increasing the quantity of the valuable component and finding more environmentally friendly solutions.
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VCI Aerosol Market Overview
Newly released data from VCI aerosol market analysis shows that global demand of the overall VCI aerosol market is anticipated to register a CAGR of ~5.0-6.0% during the forecasted period and reach thousands of units by 2031. The market in East Asia and South Asia regions is projected to expand at higher growth rates and capture a significant share in the global market during the forecast period.
VCI Aerosol Market - Market Overview
Corrosion usually occurs when a metal is exposed to the environment and converts into a more chemically stable substance like oxide, sulfide, carbonate, or hydroxide. A VCI which is a volatile corrosion inhibitor helps to prevent a metal by delaying or stopping the process of corrosion. Liquid VCI aerosol can be used for cleaning, coating, and lubricating metal tanks, containers, engines, crankshaft, etc.
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What are the Key Trends Impacting the Growth of VCI Aerosol in the Market?
The pulp and paper industry is constantly adopting VCI aerosol to prevent its machines from corroding since it involves high-cost, technologically advanced equipment that are prone to get rusty if exposed to chemicals like dioxins for a long time. Increasing usage of machinery and technological advancement in the field of automobile and metal processing are two of the key factors driving growth for VCI aerosol in the market.
How is Oil and Gas Segment Constantly iIproving the Demand for VCI Aerosol?
According to American Petroleum Institute, the oil and natural gas industry in the USA contributes almost 8% of the country’s GDP and also generates 10.3 million jobs in the country.
Corrosion and oxidation in pipelines, refineries and generators are the primary cause of the decaying of machines and equipment in the oil and gas industry and this is driving the usage of VCI aerosol in the industry. To ensure efficiency and prevent machine breakdown, VCI aerosol is extensively used in the industry.
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What are the Key Challenges that can hamper the Growth of VCI Aerosol Market?
Increasing costs to prevent corrosion and regulations by governments across the world to use toxin-free VCI aerosols are a few of the factors that can hamper the growth of the market. Problems like a faulty valve, puncture in spray, excessive pressure and temperature are some other issues that can restrain the growth of VCI in aerosol format.
Competitive Landscape
The following are the key market players in the global VCI aerosol market are
Magna International Pte Ltd.
Adsil Corporation
Cortec Corporation
The Lubrizol Company
Northern Technologies International Corporation
Corpac Deutschland GmbH & Co. KG
Kpr Adcor Inc.
Safepack Industries Ltd.
Deva Preservation Services Pvt. Ltd.
Daubert Cromwell
Shenyang Rustproof Packaging Material Co. Ltd.
Toyo Aerosol Industry Co., Ltd.
NAMBANG CAN
among many others are involved in production of VCI aerosol in Asia Pacific region.
What Strategies are Key Players Adopting to Increase their Market Share in the Global VCI Aerosol Market?
Market players are manufacturing innovative and long-lasting VCI aerosol sprays that could be used on multiple surfaces and could work again any treatment and environmental consequences. Entry of new market players could be observed every month, this is giving rise to diversity in offerings and also lowering the price of the products present in the market.
In October 2021, Adsil Corporation designed a new VCI aerosol that surpassed 16,200 hours of testing with no salt corrosion.
Why is China a Big Market for VCI Aerosols?
The machinery and equipment industry in China is anticipated to expand consistently due to its favorable manufacturing industry infrastructure. The country offers ease in the procurement of raw materials, availability of cheaper labor and favorable national government policies for manufacturing processes.
Further, the flexible packaging industry in China is well developed as a result of the presence of many regional as well as global manufacturers of machinery and equipments. All these factors are anticipated to augment the demand for VCI aerosol market in the country.
Key Segments of VCI Aerosol Market Covered in the Report
