Volatile Corrosion Inhibitors Vci Packaging Market Research Report: By Type of Material (Metallic, Plastic, Paper, Textile, Other), By Application (Electronics, Automotive, Aerospace, Medical, Other), By Corrosion Mechanism (Atmospheric Corrosion, Galvanic Corrosion, Crevice Corrosion, Stress Corrosion, Other), By Packaging Format (Roll, Sheet, Bag, Cap, Other) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2032

Global Volatile Corrosion Inhibitors Vci Packaging Market Overview

Volatile Corrosion Inhibitors Vci Packaging Market Size was estimated at 1.42 (USD Billion) in 2022. The Volatile Corrosion Inhibitors Vci Packaging Industry is expected to grow from 1.5 (USD Billion) in 2023 to 2.5 (USD Billion) by 2032. The Volatile Corrosion Inhibitors Vci Packaging Market CAGR (growth rate) is expected to be around 5.81% during the forecast period (2024 - 2032).

Key Volatile Corrosion Inhibitors Vci Packaging Market Trends Highlighted

The increasing necessity to shield various enterprises such as automobiles, electronics and manufacturing from corrosion is one of the central drivers in the  market for VCI packaging. Furthermore, economic and environmental costs associated with corrosion are becoming more apparent, thereby boosting the acceptance of VCI packaging solutions. Growth opportunities in the VCI packaging market exist in the developing markets that primarily include Asia Pacific and Latin America. These include growing demand for packaged goods as well as expanding application of VCI packaging such as food and pharmaceuticals. The latest developments witnessed in the VCI packaging industry are sustainable, environmentally friendly options. As businesses move towards reducing their carbon footprint, some companies have started using biodegradable or recyclable materials in their VCI Packaging system, also incorporating smart technologies like RFID tracking systems and sensors to assist it, thus increasing its efficiency.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Volatile Corrosion Inhibitors Vci Packaging Market Drivers

Increasing Demand for Corrosion Protection in Various Industries

The primary driver of the  Volatile Corrosion Inhibitors (Vci) Packaging Market Industry is the increasing demand for corrosion protection in such industries as automobile, electronics, and construction. The use of VCI packaging solutions has gained significant popularity among industries looking for ways to protect their metal components and products from environmental effects. For this reason, VCI packaging provides a way out by preventing corrosion that would have otherwise led to the loss of valuable property. Preventative maintenance is going to be emphasized more than ever before as more people look towards protecting their assets; this will lead to significant growth potential in the VCI packaging market over the coming years.

Growing Awareness of Corrosion Prevention and Sustainability

The increasing awareness of the detrimental effects of corrosion on metal surfaces has contributed to the growth of the  Volatile Corrosion Inhibitors Vci Packaging Market Industry. Industries and consumers alike have recognized the importance of proactive corrosion prevention measures to extend the lifespan of their assets. VCI packaging offers a sustainable solution by reducing the need for chemical treatments and coatings, thereby minimizing environmental impact.As companies prioritize sustainability and eco-friendly practices, the adoption of VCI packaging is likely to gain further momentum.

Technological Advancements and Innovation

Ongoing advancements in technology and the introduction of innovative VCI formulations are driving the growth of the  Volatile Corrosion Inhibitors Vci Packaging Market Industry. Market players are continuously investing in research and development to enhance the performance and versatility of VCI packaging solutions. The development of new VCI formulations with improved corrosion protection capabilities, extended protection duration, and compatibility with diverse materials is expected to fuel market expansion.

Volatile Corrosion Inhibitors Vci Packaging Market Segment Insights

Volatile Corrosion Inhibitors Vci Packaging Market Type of Material Insights

The Volatile Corrosion Inhibitors (VCIs) packaging market is segmented by type of material into metallic, plastic, paper, textile, and other. Among these, the metallic and plastic segments are projected to hold a significant market share in the coming years. Metallic materials offer superior corrosion protection due to their inherent anti-corrosive properties. They provide a physical barrier against moisture and oxygen, preventing the ingress of corrosive agents that can damage sensitive components. Metallic VCI packaging solutions include aluminum foil, tinplate, and galvanized steel, which are commonly used for packaging electronics, machinery, and automotive parts.The durability and effectiveness of metallic VCI packaging make it a preferred choice for applications requiring long-term protection in harsh environments. Plastic materials are another prominent segment in the VCI packaging market. Plastic VCI films and bags are lightweight, flexible, and cost-effective. They are ideal for packaging a wide range of products, including printed circuit boards (PCBs), medical devices, and optical components. Polyethylene (PE), polypropylene (PP), and polyvinyl chloride (PVC) are some commonly used plastic materials in VCI packaging.The ability of plastic VCI packaging to conform to irregular shapes and provide excellent moisture and oxygen barrier properties makes it a suitable choice for protecting sensitive electronics and other moisture-sensitive products. While metallic and plastic materials dominate the VCI packaging market, paper, textile, and other materials also contribute to the overall market growth. Paper VCI packaging solutions offer a cost-effective and environmentally friendly alternative to traditional packaging materials. Textile VCI packaging is gaining popularity in industries such as apparel and footwear, where protection against corrosion and moisture damage is crucial.Other materials, such as rubber and composites, are also used in VCI packaging applications, offering specific properties tailored to meet industry-specific requirements. The selection of VCI packaging material depends on various factors, including the type of product being packaged, the level of protection required, and the environmental conditions during storage and transportation. The growth of the VCI packaging market is driven by increasing demand from industries such as electronics, automotive, and healthcare, where the protection of sensitive components and materials from corrosion is critical.As industries continue to adopt advanced technologies and demand for corrosion-resistant packaging solutions rises, the VCI packaging market is expected to witness steady growth in the coming years.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Volatile Corrosion Inhibitors Vci Packaging Market Application Insights

The  Volatile Corrosion Inhibitors Vci Packaging Market is segmented by Application into Electronics, Automotive, Aerospace, Medical, and Other. In 2023, the Electronics segment held the largest market share, accounting for over 35% of the  VCI packaging market revenue. The growth of this segment is attributed to the increasing demand for VCI packaging in the electronics industry to protect sensitive electronic components from corrosion. The Automotive segment is also expected to witness significant growth during the forecast period, owing to the rising production of automobiles and the need to protect metal parts from corrosion during transportation and storage.The Aerospace segment is expected to grow steadily, driven by the increasing demand for VCI packaging in the aerospace industry to protect aircraft parts from corrosion during storage and transportation. The Medical segment is also expected to witness moderate growth, as VCI packaging is used to protect medical devices and equipment from corrosion during storage and transportation. The Other segment includes applications such as construction, oil and gas, and marine, and is expected to grow at a steady pace during the forecast period.

Volatile Corrosion Inhibitors Vci Packaging Market Corrosion Mechanism Insights

The  Volatile Corrosion Inhibitors Vci Packaging Market is segmented by Corrosion Mechanism into Atmospheric Corrosion, Galvanic Corrosion, Crevice Corrosion, Stress Corrosion, and Others. Atmospheric corrosion is the most common type of corrosion, accounting for over 50% of the  Volatile Corrosion Inhibitors Vci Packaging Market revenue in 2023. It occurs when a metal is exposed to moisture and oxygen in the air. Galvanic corrosion occurs when two dissimilar metals are in contact with each other in the presence of an electrolyte. Crevice corrosion is a localized form of corrosion that occurs in crevices or other areas where moisture can become trapped.Stress corrosion is a type of corrosion that occurs when a metal is subjected to both stress and corrosion. Other types of corrosion include microbiologically influenced corrosion (MIC) and high-temperature corrosion.

Volatile Corrosion Inhibitors Vci Packaging Market Packaging Format Insights

The  Volatile Corrosion Inhibitors Vci Packaging Market is segmented based on Packaging Format into Roll, Sheet, Bag, Cap, and Other. Among these, the Roll segment held the largest market share in 2023. Roll-type VCI packaging is commonly used to protect metal products during transportation and storage due to its ease of use and ability to conform to various product shapes and sizes. The Sheet segment is projected to witness significant growth over the forecast period, owing to its versatility and ability to protect larger metal surfaces and complex components.Bags and Caps are other widely used packaging formats in the VCI packaging industry, offering protection for smaller metal parts and components. The increasing demand for corrosion protection in various end-use industries such as automotive, electronics, and construction is expected to drive the growth of the  Volatile Corrosion Inhibitors VCI Packaging Market over the coming years.

Volatile Corrosion Inhibitors Vci Packaging Market Regional Insights

The regional segmentation of the  Volatile Corrosion Inhibitors Vci Packaging Market offers insights into the market's geographic distribution and growth potential. North America held the largest market share in 2023, driven by the presence of major automotive and electronics industries. Europe is expected to follow closely, with growing demand for VCI packaging in the automotive and healthcare sectors. The Asia-Pacific region is projected to witness significant growth due to the increasing demand for electronics and automotive components.South America and the Middle East and Africa (MEA) are expected to contribute moderately to the overall market growth. By 2024, the  Volatile Corrosion Inhibitors Vci Packaging Market revenue is estimated to reach 1.6 billion USD, showcasing steady growth in the coming years.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Volatile Corrosion Inhibitors Vci Packaging Market Key Players And Competitive Insights

Major players in the Volatile Corrosion Inhibitors (VCI) Packaging Market industry are constantly striving to gain a competitive edge by implementing various strategies. These include expanding their product portfolios, enhancing their manufacturing capabilities, and forming strategic partnerships. Leading VCI Packaging Market players are investing heavily in research and development to develop innovative and effective VCI solutions that meet the evolving needs of the market. This competitive landscape is driving the development of new products and technologies that cater to specific industry requirements.A prominent competitor in the VCI Packaging Market is Cortec Corporation. The company offers a wide range of VCI products, including films, papers, bags, and emitters. Cortec's VCI solutions are designed to protect metals from corrosion in various applications, such as automotive, electronics, and construction. Another key player in the market is Daubert Industries. The company's VCI products include Corr-Pak wraps, bags, and films. Daubert's VCI solutions are known for their high performance and reliability, making them a preferred choice for many industries.Henkel is another major competitor in the VCI Packaging Market. The company's VCI products include Bonderite and P3 products. Henkel's VCI solutions are designed to provide effective corrosion protection for metals in harsh environments. These solutions are widely used in the automotive, aerospace, and electronics industries.

Key Companies in the Volatile Corrosion Inhibitors Vci Packaging Market Include

• BASF SE


• Lubrizol Corporation


• Henkel AG Co. KGaA


• Daubert Chemical Company


• MacDermid Performance Solutions


• Cortec Corporation


• AkzoNobel N.V.


• Clariant AG


• RPM International Inc.


• The Dow Chemical Company


• Croda International plc


• Ashland Inc.


• SherwinWilliams Company


• PPG Industries, Inc.


• Valspar Corporation

Volatile Corrosion Inhibitors Vci Packaging Market Industry Developments

The  Volatile Corrosion Inhibitors (VCI) Packaging Market is expected to grow from USD 1.5 billion in 2023 to USD 2.5 billion by 2032 at a CAGR of 5.81%. This growth is attributed to the increasing demand for VCI packaging solutions in various industries, including electronics, automotive, and healthcare. VCI packaging is used to protect metal components from corrosion during storage and transportation. Recent news developments in the market include the launch of new and improved VCI films and papers, as well as the development of new applications for VCI packaging. For instance, VCI packaging is now being used to protect electronic components in harsh environments, such as offshore oil and gas platforms.

Volatile Corrosion Inhibitors Vci Packaging Market Segmentation Insights

Volatile Corrosion Inhibitors Vci Packaging Market Type of Material Outlook

• Metallic


• Plastic


• Paper


• Textile


• Other

Volatile Corrosion Inhibitors Vci Packaging Market Application Outlook

• Electronics


• Automotive


• Aerospace


• Medical


• Other

Volatile Corrosion Inhibitors Vci Packaging Market Corrosion Mechanism Outlook

• Atmospheric Corrosion


• Galvanic Corrosion


• Crevice Corrosion


• Stress Corrosion


• Other

Volatile Corrosion Inhibitors Vci Packaging Market Packaging Format Outlook

• Roll


• Sheet


• Bag


• Cap


• Other

Volatile Corrosion Inhibitors Vci Packaging Market Regional Outlook

• North America


• Europe


• South America


• Asia Pacific


• Middle East and Africa