In 2023, the global vci aerosol market, which is currently valued at US$ 5.4 billion, is expected to grow at a CAGR of 5.3%. Due to packaging advancements, the market is anticipated to grow to US$9.05 billion by 2033.
VCI aerosol works by creation of molecular ions’ thin film, which does shield metal surfaces from corrosive effects pertaining to air, moisture, and the other substances. In other words, this film does act as barrier preventing moisture, air, and corrosive kind of environments from getting in touch with metal surface.
VCI aerosol works well with both – non-ferrous and ferrous metals. It could, in fact, prove to be useful where it’s impracticable to apply the surface treatments for protecting metal from corrosion or rust. The application areas regarding rust prevention include coolant circulating systems, storage tanks, fuel tanks, gear housings, metal containers, hydraulic reservoirs, crankshafts, transmissions, steel parts, parts of diesel/petrol engines, and likewise.
VCI aerosol in liquid form could be used for coating, cleaning, and lubricating containers, metal tanks, crankshaft, engines, and likewise. Growing utilization of machinery in metal processing and automobiles acts as a catalyst to VCI aerosol market.
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The American Petroleum Institute states that oil & natural gas vertical in the US does contribute close to 8% of its GDP and is capable of employing 10.3 Million people as of now. Machines and equipment in oil & gas industry could decay due to corrosion as well as oxidation in generators, refineries, and pipelines. As such, VCI aerosol is imperative as far as prevention of machine’s breakdown is concerned.
At the same time, the fact that initial investments in VCAI aerosol could be costly can’t be ignored. Plus, problems like puncture in spray, faulty valve, excessive spray could add to the fury. These factors could restrain the VCI aerosol market in the years to come.
Future Market Insights has entailed these facts with future perspectives in its latest market study entitled ‘VCI Aerosol Market’ with its indigenous team of analysts and consultants delving deep through the macros and micros.
“With growing awareness about the fact that VCI aerosol could be effectively used as a rust preventer, the global VCI aerosol market is likely to grow impertinently going forward”, says an analyst from Future Market Insights.
Key Takeaways from VCI Aerosol Market
- North America holds the largest market share, followed by Europe.
- The Asia-Pacific is expected to witness ripples in the VCI aerosol market going forward due to feasible infrastructure regarding the manufacturing vertical. This country does offer ease in procuring raw materials with cheap labor being available.
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Competitive Analysis
- Adsil Corporation, in October 2021, did come up with a novel VCI aerosol that did surpass 16.2 K hours of testing with negligible salt corrosion.
- Cortec Corporation has its corrosion inhibiting solutions including time-tested general VpCI and MCI Technology to be used in any industry battling rust.
- SAFE PACK VCI Aerosol spray comes across as an exclusively developed multi-purpose solution that has hi-tech VCI chemicals (volatile corrosion inhibitors) dispersed in solvent or oil base.
The Key Players Are:
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
Key Segments of VCI Aerosol Market Covered in the Report
On the Basis of Type:
- Oil-based
- Water-based
On the Basis of Product:
- Organic
- Inorganic
On the Basis of End Use Industry:
- Oil & Gas
- Power Generation
- Paper & Pulp
- Metal Processing
- Chemical Processing
- Water Treatment
- Others (Automotive)
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What does the Report pack?
- The research study is based on type (oil-based and water-based), by product (organic and inorganic), and by end-use (oil & gas, power generation, paper & pulp, metal processing, chemical processing, water treatment, and others (automotive)).
- With VCI aerosol increasingly being used as rust preventer for the closed systems such as storage tanks, fuel tanks, and likewise, the global VCI aerosol market is bound to grow with grandeur in the near future.
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
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