The volatile corrosion inhibitor (VCI) bags market is forecasted to expand at a steady pace over the next decade, with the global market size projected to grow from USD 383.8 million in 2024 to USD 520.9 million by 2034, marking a CAGR of 3.1% from 2024 to 2034. The market recorded revenues of USD 368.1 million in 2023, driven by increasing demand across key industries.
Volatile corrosion inhibitor zipper bags are gaining prominence due to their specialized advantages in preventing corrosion and enhancing storage capabilities, which are critical in sectors such as automotive, electronics, machinery, and aerospace.
In 2024, VCI zipper bags are anticipated to capture a substantial 43.8% of the market, as their reusability and ability to maintain a protective atmosphere provide long-term corrosion inhibition, outperforming other alternatives.
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The metallurgy industry has emerged as a dominant end-user segment, representing a market share of 37.6% in 2024. Metallurgy, as a core sector that supports manufacturing industries through metal extraction, processing, and alloy production, relies heavily on VCI bags for the preservation of metal quality.
These bags are essential for protecting iron, steel, zinc, magnesium, and copper-based metals from corrosion, ensuring that high-quality materials are supplied to industries such as automotive, aerospace, construction, electronics, and machinery.
Prominent Drivers of the Volatile Corrosion Inhibitor Bags Market
- Increasing Demand in Metal and Automotive Industries: With metals like steel and iron prone to corrosion, industries such as automotive, aerospace, and heavy machinery rely on VCI bags to protect parts and components during storage and transportation, driving market demand.
- Rising Focus on Sustainable Packaging: VCI bags are often designed to be recyclable, making them appealing to industries seeking eco-friendly packaging solutions that still offer effective corrosion protection.
- Growth in Export-Heavy Sectors: As global trade and exports continue to rise, manufacturers require protective packaging for long-haul shipments, creating a higher demand for VCI bags to prevent corrosion over extended transit times.
- Advancements in VCI Technology: Innovations in volatile corrosion inhibitor formulations have improved the effectiveness, safety, and shelf-life of VCI bags, encouraging broader adoption across industries with corrosion-sensitive materials.
- Stringent Regulations for Corrosion Prevention: Industries such as electronics and medical devices face strict guidelines for product integrity, increasing the need for reliable corrosion prevention solutions like VCI bags to meet regulatory standards.
Key Takeaways: Volatile Corrosion Inhibitor Bags Market
- The global Volatile Corrosion Inhibitor (VCI) Bags Market registered a CAGR of 2.2% from 2019 to 2023.
- China’s VCI Bags Market is projected to grow at a CAGR of 4.6% during the forecast period.
- Germany’s automotive industry presents significant opportunities, with the market expected to grow at a CAGR of 1.6%.
- India’s VCI Bags Market is forecasted to expand at a CAGR of 5.5% by 2034, leading growth in the South Asia and Pacific region.
- The zipper segment is expected to account for 43.2% of the market share by 2034 in terms of product type.
- By end-use, the metallurgy segment is anticipated to dominate, holding a 37.6% market share by the end of 2034.
Competitive Landscape
Key competitors in the volatile corrosion inhibitor bag sector are creating and launching new goods to the market. They are combining with various organizations and expanding their geographical reach. A few of them also collaborate and work with local brands and start-up enterprises to produce new products.
Key Players in Volatile Corrosion Inhibitor Bags Market
- Cortec Corporation
- Daubert Cromwell
- Haver Plastics Co Ltd.
- Northern Technologies International Corporation (NTIC).
- Transcendia
- AICELLO CORPORATION
- Smurfit Kappa Group plc
- NEFAB GROUP
- Ströbel GmbH
- CGP Coating Innovation
- PATKAR EXTRUSIONS (PVT.) LTD.
- Zavenir Daubert
- Rust-X
- International Plastics Inc.
- PolyCover Ltd
Key Developments in Volatile Corrosion Inhibitor Bags Market
- In April 2024, Daubert Cromwell expanded its line of corrosion inhibitor devices with a new style VCI emitter for use inside cabinets, crates and enclosures.
- In June 2024, AICELLO CORPORATION expanded its global presence and established a new sales office in Taiwan.
- In February 2023, Cortec Corporation launched a new version of VpCI-126 Film Technology that can be customised into bags of different types like top-seal and auto bags. VpCI-126 PCR corrosion inhibiting film has been developed with a high amount of post-consumer recycled content.
Volatile Corrosion Inhibitor Bags Market Segmentation
By Product:
In terms of product, the volatile corrosion inhibitor bags market is divided into flat, gusseted and zipper.
By Material:
Few of the materials in volatile corrosion inhibitor bags polyethylene, paper and others.
By End Use:
Some of end users related to volatile corrosion inhibitor bags market include aerospace and defense, metallurgy, electrical and electronics, automotive, heavy equipment and other industrial.
By Region:
Key countries of North America, Latin America, East Asia, South Asia and Pacific, Western Europe, Eastern Europe, Middle East and Africa are covered.
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