Market Overview:
The Global VCI Packaging Films Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for VCI packaging films in various end-use industries such as oil and gas, car, machinery equipment, spaceflight, military and others. In addition, the growing awareness about the benefits of using VCI packaging films is also contributing to the market growth.
Product Definition:
VCI Packaging Films are films that use a Volatile Corrosion Inhibitor to protect metals from corrosion. The films can be used to protect products in packaging, during transit, or in storage. VCI Packaging Films can be used for a variety of applications, including food packaging, medical device packaging, and military hardware transportation.
Routine PE:
Routine PE is a low-density polyethylene resin that is manufactured by the polymerization of ethylene and propylene. It has high resistance to solvents, acids, and bases. Routine PE can be used as an alternative to PVC in VCI packaging films owing to its properties such as non-toxicity & biodegradability along with flexibility & transparency.
High Strength PE:
High strength polyethylene (HSPE) is a kind of engineering plastic with high molecular weight. It has excellent chemical and mechanical properties, such as resistance to solvents, acids & bases, high temperature and many others. The product is widely used in food packaging applications owing to its non-toxic nature and ability to withstand several sterilizations without any negative effects.
Application Insights:
The oil and gas application segment accounted for the largest volume share of over 30.0% in 2017. The growing demand for VCI packaging films to protect sensitive equipment from physical damage is expected to remain a prominent factor driving the product demand over the forecast period.
VCI packaging films are widely used in aerospace applications owing to their superior properties including high strength and thermal resistance which make them ideal for protecting sensitive electronic components from impact, heat and vibration during transportation or storage of aircraft parts. They are also used extensively in military applications as they offer ballistic protection against shrapnel and debris without adding extra weight to the target system. Furthermore, they can withstand extreme temperatures ranging between -50°C to +70°C which makes them an ideal choice for use in spaceflight applications as well as military combat vehicles operating at different temperature levels.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising oil & gas, machinery equipment, and automotive industries in countries such as China, India, Japan. Furthermore, increasing foreign investments coupled with favorable government policies are anticipated to drive regional growth further.
The Asia Pacific has a large number of manufacturers who source raw materials from various locations around the world including North America and Europe. It is important for these manufacturers to find cost-effective packaging solutions that will help them differentiate their products from competitors based out of other regions thereby driving demand for VCI films in Asia Pacificoil & gas industry specifically).
Europe was estimated at USD X million in 2017 owing to high demand from end-use industries such as oil.
Growth Factors:
- Increasing demand for packaging films from food and beverage industry
- Rising demand for flexible packaging solutions in the pharmaceutical sector
- Growing popularity of VCI films as an environmentally friendly packaging solution
- Proliferation of e-commerce and the need for better protection of goods during transit
- Technological advancements that are making VCI films more efficient and effective
Scope Of The Report
Report Attributes
Report Details
Report Title
VCI Packaging Films Market Research Report
By Type
Routine PE, High Strength PE, Regeneration PE
By Application
Oil And Gas, Car, Machinery Equipment, Spaceflight, Military, Others
By Companies
Zerust, Cortec Corporation, Armor Protective Packaging, Daubert Cromwell, Safepack Industries Ltd, Magna Chemical Canada Inc, Haver Plastics, Acme Packaging, Elite Plastics Limited, Corpac Deutschland GmbH＆Co. KG, Intertape Polymer Group Inc, Propagroup SpA, VCI2000
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global VCI Packaging Films Market Report Segments:
The global VCI Packaging Films market is segmented on the basis of:
Types
Routine PE, High Strength PE, Regeneration PE
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Oil And Gas, Car, Machinery Equipment, Spaceflight, Military, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Zerust
- Cortec Corporation
- Armor Protective Packaging
- Daubert Cromwell
- Safepack Industries Ltd
- Magna Chemical Canada Inc
- Haver Plastics
- Acme Packaging
- Elite Plastics Limited
- Corpac Deutschland GmbH＆Co. KG
- Intertape Polymer Group Inc
- Propagroup SpA
- VCI2000
Highlights of The VCI Packaging Films Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Routine PE
- High Strength PE
- Regeneration PE
- By Application:
- Oil And Gas
- Car
- Machinery Equipment
- Spaceflight
- Military
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the VCI Packaging Films Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
VCI Packaging Films is a film packaging company that specializes in the production of high-quality, environmentally friendly films for food and beverage products. VCI Packaging Films' films are made from natural materials and are free of harmful chemicals.
Some of the major companies in the vci packaging films market are Zerust, Cortec Corporation, Armor Protective Packaging, Daubert Cromwell, Safepack Industries Ltd, Magna Chemical Canada Inc, Haver Plastics, Acme Packaging, Elite Plastics Limited, Corpac Deutschland GmbH＆Co. KG, Intertape Polymer Group Inc, Propagroup SpA, VCI2000.
The vci packaging films market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 VCI Packaging Films Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 VCI Packaging Films Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 VCI Packaging Films Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the VCI Packaging Films Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global VCI Packaging Films Market Size & Forecast, 2020-2028
4.5.1 VCI Packaging Films Market Size and Y-o-Y Growth
4.5.2 VCI Packaging Films Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Routine PE
5.2.2 High Strength PE
5.2.3 Regeneration PE
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Oil And Gas
6.2.2 Car
6.2.3 Machinery Equipment
6.2.4 Spaceflight
6.2.5 Military
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global VCI Packaging Films Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 VCI Packaging Films Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Routine PE
9.6.2 High Strength PE
9.6.3 Regeneration PE
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Oil And Gas
9.10.2 Car
9.10.3 Machinery Equipment
9.10.4 Spaceflight
9.10.5 Military
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Routine PE
10.6.2 High Strength PE
10.6.3 Regeneration PE
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Oil And Gas
10.10.2 Car
10.10.3 Machinery Equipment
10.10.4 Spaceflight
10.10.5 Military
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Routine PE
11.6.2 High Strength PE
11.6.3 Regeneration PE
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Oil And Gas
11.10.2 Car
11.10.3 Machinery Equipment
11.10.4 Spaceflight
11.10.5 Military
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Routine PE
12.6.2 High Strength PE
12.6.3 Regeneration PE
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Oil And Gas
12.10.2 Car
12.10.3 Machinery Equipment
12.10.4 Spaceflight
12.10.5 Military
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Routine PE
13.6.2 High Strength PE
13.6.3 Regeneration PE
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Oil And Gas
13.10.2 Car
13.10.3 Machinery Equipment
13.10.4 Spaceflight
13.10.5 Military
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 VCI Packaging Films Market: Competitive Dashboard
14.2 Global VCI Packaging Films Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Zerust
14.3.2 Cortec Corporation
14.3.3 Armor Protective Packaging
14.3.4 Daubert Cromwell
14.3.5 Safepack Industries Ltd
14.3.6 Magna Chemical Canada Inc
14.3.7 Haver Plastics
14.3.8 Acme Packaging
14.3.9 Elite Plastics Limited
14.3.10 Corpac Deutschland GmbH＆Co. KG
14.3.11 Intertape Polymer Group Inc
14.3.12 Propagroup SpA
14.3.13 VCI2000
