Market Overview:
The global VCI stretch film market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for VCI stretch films from various end-use industries, such as metal parts, steel coils, metal bars, metallic tubes, and other applications. In terms of type, LLDPE is expected to dominate the global VCI stretch film market during the forecast period. However, other types are also projected to witness significant growth over the next decade owing to their growing application in various end-use industries.
Product Definition:
VCI Stretch Film is a polyethylene film that is coated with a vapor corrosion inhibitor (VCI) chemical. The VCI coating protects metal surfaces from corrosion by forming a barrier between the metal and the surrounding air.
LLDPE:
LLDPE, which is short for Low-Density Polyethylene, is a widely used polymer in the packaging industry. LLDPE films are primarily employed in the food & beverage and flexible packaging markets. The growth of these end-use industries has been driving demand for LLDPE over the past few years and this trend is expected to continue over the forecast period.
Other:
Other is a generic term used in the VCI stretch film market to refer to any type of adhesive or sealant that is not PVC. Other includes silicone, polyisobutylene, and other synthetic rubber-like materials. The demand for other in VCI stretch films has been increasing over the past few years on account of its growing application as an anti-block agent in high clarity films and low viscosity flexible packaging solutions such as food & beverage pouches.
Application Insights:
The application of the film includes metal parts, steel coils, metal bars, and metallic tubes among others. The demand for VCI stretch films in these applications is expected to witness growth at a CAGR of XX% owing to their usage in manufacturing automotive components and other industrial products such as building & construction materials.
VCI stretch films are used for packaging various automotive components including engine parts, transmission belts, brake systems among others that require protection from physical damage during transportation or storage. They are also used extensively across the food & beverage sector particularly for packaging fresh fruits and vegetables among other food products that need controlled environments such as temperature-controlled transport boxes or shelves inside warehouses where they are stored until they reach the end consumer markets.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, and Vietnam. Growing industrialization coupled with increasing foreign investments in these countries has resulted in an increased demand for VCI stretch films across various applications. For instance, In April 2018, Nippon Paint Holdings Inc., a Japan-based company announced about investing around USD X million for acquiring majority stake of Indian paint manufacturing company JyothiChem Ltd., which was subsequently approved by Indian government under “Make in India†initiative between 2014 and 2016.
North America accounted for more than 10% of the total revenue share in 2017 owing to high product demand from automotive industry on account of stringent regulations regarding fuel economy as well as emission control standards set by Environment Protection Agency (EPA).
Growth Factors:
- Increasing demand for stretch film from the packaging industry as a result of the growth in global trade and e-commerce.
- Rising demand for VCI stretch film from end-use industries such as automotive, electronics, and food & beverage due to its corrosion protection properties.
- Growing popularity of VCI stretch films among converters owing to its superior performance over traditional packaging methods such as tapes, boxes, and bags.
- Technological advancements in the production of VCI stretch films that have resulted in improved quality and durability of these films.
Scope Of The Report
Report Attributes
Report Details
Report Title
VCI Stretch Film Market Research Report
By Type
LLDPE, Other
By Application
Metal Parts, Steel Coils, Metal Bars, Metallic Tubes, Other
By Companies
International Plastics, Daubert Cromwell, Zerust, Western Plastics, Sercalia, Armor VCI, Vappro, Synpack
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
174
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global VCI Stretch Film Market Report Segments:
The global VCI Stretch Film market is segmented on the basis of:
Types
LLDPE, Other
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
Metal Parts, Steel Coils, Metal Bars, Metallic Tubes, Other
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:
- International Plastics
- Daubert Cromwell
- Zerust
- Western Plastics
- Sercalia
- Armor VCI
- Vappro
- Synpack
Highlights of The VCI Stretch Film 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:
- LLDPE
- Other
- By Application:
- Metal Parts
- Steel Coils
- Metal Bars
- Metallic Tubes
- Other
- 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 Stretch Film 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 Stretch Film is a type of film that can be stretched to create an image. It is often used in photography and filmmaking because it has a high degree of flexibility and can be easily manipulated.
Some of the key players operating in the vci stretch film market are International Plastics, Daubert Cromwell, Zerust, Western Plastics, Sercalia, Armor VCI, Vappro, Synpack.
The vci stretch film 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 Stretch Film 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 Stretch Film Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 VCI Stretch Film 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 Stretch Film 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 Stretch Film Market Size & Forecast, 2020-2028
4.5.1 VCI Stretch Film Market Size and Y-o-Y Growth
4.5.2 VCI Stretch Film 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 LLDPE
5.2.2 Other
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 Metal Parts
6.2.2 Steel Coils
6.2.3 Metal Bars
6.2.4 Metallic Tubes
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global VCI Stretch Film 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 Stretch Film 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 LLDPE
9.6.2 Other
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 Metal Parts
9.10.2 Steel Coils
9.10.3 Metal Bars
9.10.4 Metallic Tubes
9.10.5 Other
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 LLDPE
10.6.2 Other
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 Metal Parts
10.10.2 Steel Coils
10.10.3 Metal Bars
10.10.4 Metallic Tubes
10.10.5 Other
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 LLDPE
11.6.2 Other
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 Metal Parts
11.10.2 Steel Coils
11.10.3 Metal Bars
11.10.4 Metallic Tubes
11.10.5 Other
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 LLDPE
12.6.2 Other
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 Metal Parts
12.10.2 Steel Coils
12.10.3 Metal Bars
12.10.4 Metallic Tubes
12.10.5 Other
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 LLDPE
13.6.2 Other
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 Metal Parts
13.10.2 Steel Coils
13.10.3 Metal Bars
13.10.4 Metallic Tubes
13.10.5 Other
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 Stretch Film Market: Competitive Dashboard
14.2 Global VCI Stretch Film Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 International Plastics
14.3.2 Daubert Cromwell
14.3.3 Zerust
14.3.4 Western Plastics
14.3.5 Sercalia
14.3.6 Armor VCI
14.3.7 Vappro
14.3.8 Synpack
