This site uses cookies, including third-party cookies, that help us to provide and improve our services.

Privacy Policy
- Global Locations -
Headquarters
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, United States
T: +1-845-579-5705
MEA
Market Access DMCC
1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
Americas
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
Europe
Future Market Insights
3rd Floor, 207 Regent Street,
London W1B 3HH
United Kingdom
T: + 44 (0) 20 8123 9659
D: +44 (0) 20 3287 4268
APAC
Future Market Insights
Office No. 401-A, 4th Floor,
VANTAGE 9, S.No. 36/1/1,
Baner, Pune 411045 India

Volatile Corrosion Inhibitor Bags Market

Market Insights on Volatile Corrosion Inhibitor Bags covering sales outlook, demand forecast & up-to-date key trends

Volatile Corrosion Inhibitor Bags Market By Material Type (Plastic Bags, Paper Bags), Layer (Mono-layer, Multi-layers), Product Type (Flat Bags, Gusseted Bags, Zipper Bags) & Region - Forecast 2022-2032

Volatile Corrosion Inhibitor Bags Market Overview

The global demand for volatile corrosion inhibitor bags is projected to rise at a robust CAGR of around 6.4% between 2022 and 2032. Growth is attributable to the rising adoption of volatile corrosion inhibitor bags across various end use verticals such as automotive, medical devices and electronics for protecting corrosion sensitive products while storage and transportation.

Report Attribute

Details

Projected Growth Rate (2022-2032)

6.4% CAGR

As the search for developing innovative packaging solutions continues to intensify, manufacturers are coming up with new anti-corrosion products like volatile corrosion inhibitor bags that not only prevent corrosion but also help to extend the life of packed products as well.

Volatile corrosion inhibitor bags are innovative packaging solutions obtained by impregnation of volatile corrosion inhibitors (VCI) on packaging materials such as paper and plastic. They are being extensively used to protect sensitive products like metals from corrosion during transportation and storage. VCI molecules present in the bags protect sensitive metals from corrosion by forming a thin, invisible layer on the surface. Adoption of these anti corrosion bags eliminates the need for using protective coatings, oil, grease or any other solution.

In recent years, volatile corrosion inhibitor bags have become highly sought-after packaging solutions used across diverse industries. They are being increasingly used in the packaging of automotive, aerospace, military, electronics, aerospace, and medical products due to their highly effective nature and long service life.

Volatile corrosion inhibitor bags are durable, economical, flexible, and highly water-resistant, which makes them ideal for transporting and storing metallic products. These bags are available in different designs and sizes which can be used for packaging various products ranging from small electronic parts to large automobile products. Besides this, recyclable and reusable nature of volatile corrosion inhibitor bags is encouraging their adoption across diverse verticals, which is expected to further assist market growth during the forecast period.

Which are Some Major Factors Behind the Expansion of Volatile Corrosion Inhibitor Bags Market?

The robust expansion of volatile corrosion inhibitor bags market is attributed to the rising demand for protective packaging solutions across diverse industries, growing popularity of volatile corrosion inhibitor technology due to its superior effectiveness, availability of products with different sizes, and innovations in packaging materials.

Corrosion has become a major concern for manufacturers of sensitive products like automotive, medical devices, electronics, and military. These products are more prone to corrosion and rusting especially during transportation and longer storage periods. The global cost of corrosion is estimated to be around 2.5 trillion as per the International Measures of Prevention, Application, and Economics of Corrosion Technologies (IMPACT) study published by NACE International. This factor is acting as a catalyst for the growth of volatile corrosion inhibitor bags market and the trend is likely to continue in the future.

Volatile corrosion inhibitor bags have gained immense traction across various industries due to their superior effectiveness in eliminating the chances of corrosion. They are being preferred over other protective solutions like protective coatings on account of their various benefits including superior moisture barrier, light-weight, cost-effectiveness, and easy to use nature.

Factors such as rapid industrialization and urbanization, exploding population, and globalization have resulted in the increasing trade of various metallic products such as automotive parts and electronics. This rise in trade of metallic products is expected to generate lucrative sales prospects for volatile corrosion inhibitor bags during the forecast period.

Similarly, availability of transparent and customizable volatile corrosion inhibitor bags will further augment their adoption for protecting a wide range of products during the forthcoming years. Besides this, these customizable anti corrosion bags have printable surfaces which companies can utilize for brand promotion activities.

Customize this Report

Let us know your requirement to get
100% FREE customization

What are the Challenges Faced by the Volatile Corrosion Inhibitor Bags Industry?

Despite its optimistic stance, the global volatile corrosion inhibitor bags market is facing various challenges that are likely to restrain its growth during the forecast period. Some of these challenges are the increasing usage of anti-corrosion protective coatings and rising concerns regarding plastics.

How Will Growth Unfold in the Asia Pacific Excluding Japan (APEJ) Market?

As per FMI, the Asia Pacific Excluding Japan (APEJ) volatile corrosion inhibitor bags market is forecast to expand at a relatively higher CAGR over the forecast period, owing to the rapid expansion of end-use industries, growing consumer awareness, and surging demand for protective packaging solutions.

China remains at the top of the ladder in the APEJ volatile corrosion inhibitor bags market and the trend is likely to continue in the future. The country is one of the leading exporters of metallic products like automotive parts and electronic components.

Similarly, robust growth of manufacturing industries across China and India along with growing popularity of volatile corrosion inhibitor bags among common masses will further expand the APEJ market size during the forecast period.

Ismail Sutaria
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

What Makes Western Europe an Attractive Market for Volatile Corrosion Inhibitor Bags?

Western Europe accounted for a major chunk of the global volatile corrosion inhibitor bags market in 2022 and is expected to register a healthy growth rate during the assessment period. Growth in the market is attributable to the rising export of automotive, military and medical products and equipment by countries like Germany and the United Kingdom.

Most of the metallic component manufacturers across the region prefer to use volatile corrosion inhibitor bags over protective coatings due to their various attractive benefits. These anticorrosion bags not only help them to protect the products from dust, gases, and moisture but also reduce the overall costs.

Market Competition

Some of the key participants present in the global volatile corrosion inhibitor bags market include Royco Packaging, Inc., Alfa Solution AS, Armor Protective Packaging, Protective Packaging Corporation, Daubert Cromwell, Inc., Rustx, and Heritage Packaging among others.

The global volatile corrosion inhibitor bags market is highly competitive in nature due to the large presence of regional and domestic players. Leading players are continuously adopting growth strategies such as new product launches, capacity expansion, partnerships, and move towards online shopping platforms to gain a competitive edge in the market. Besides this, they are collaborating with end-use industries to supply them with customized products for specific applications.

Become a MarketNgage Insider

An unified Market Research Subscription Platform, built for today’s disparate research needs.

Report Scope

Report Attribute

Details

Growth Rate

CAGR of 6.4% from 2022 to 2032

Base Year for Estimation

2021

Historical Data

2015-2020

Forecast Period

2022-2032

Quantitative Units

Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032

Report Coverage

Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis

Segments Covered

  • Material Type
  • Layer
  • Product Type
  • End Use
  • Region

Regions Covered

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Key Countries Profiled

  • U.S
  • Canada
  • Brazil
  • Argentina
  • Germany
  • U.K
  • France
  • Spain
  • Italy
  • Nordics
  • BENELUX
  • Australia & New Zealand
  • China
  • India
  • ASEAN
  • GCC
  • South Africa

Key Companies Profiled

  • Royco Packaging, Inc.
  • Alfa Solution AS
  • Armor Protective Packaging
  • Protective Packaging Corporation
  • Daubert Cromwell, Inc.
  • Rustx
  • Heritage Packaging

Customization

Available Upon Request

Key Segments Profiled in the Volatile Corrosion Inhibitor Bags Industry Survey

By Material Type:

  • Plastic Bags
  • Paper Bags

By Layer:

  • Mono-layer
  • Multi-layers

By Product Type:

  • Flat Bags
  • Gusseted Bags
  • Zipper Bags
  • Others

By End Use:

  • Automotive
  • Electrical and Electronics
  • Military
  • Aerospace
  • Medical Devices
  • Others

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East & Africa

Frequently Asked Questions

FMI projects the global volatile corrosion inhibitor bags market to grow at a CAGR of around 6.4% throughout the forecast period.

Asia Pacific Excluding Japan (APEJ) is expected to remain the most opportunistic volatile corrosion inhibitor bags market during the assessment period.

Royco Packaging, Inc., Alfa Solution AS, Armor Protective Packaging, and Protective Packaging Corporation are some prominent volatile corrosion inhibitor bag manufacturers

Table of Content

NA

Customize this Report

Let us know your requirement to get
100% FREE customization

List of Tables

NA

Ismail Sutaria
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst
List of Charts

NA

Need specific information?

Request Customization

Explore Packaging Insights

View Reports
Google translate

Volatile Corrosion Inhibitor Bags Market