Global VCI film market is anticipated to grow at a CAGR of 4.2% during the forecast period (2024-2031). The growing focus of several industries on using sustainable packaging options is a key contributor to the high adoption of VCI films, thereby driving global market growth. VCI films are typically composed of recyclable materials, and are eco-friendly, aligning with an optimistic outlook on environmental preservation.
In the oil and gas sector, VCI films are highly used to prevent metal equipment, such as pipes, valves, and drilling tools exposure to hostile offshore environments. Therefore, to meet the growing demand for VCI films, key players are investing in their production facility expansion projects.
In January 2024, Cortec Corp. announced to increase its capacity of producing VCI films with new state-of-the-art extrusion line. The new multimillion-dollar line, E23, promises to benefit both customers and employees as CAF continues to blaze new ground with an expanding portfolio of specialty film and bag products.
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Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
Segment Covered-
- By Product
- By Material
- By End-User Industry
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- includes Armor Protective Packaging, Daubert Cromwell, Transcendia Inc., Cortec Corp., and Propagroup among others.
VCI Film Market Report Segment
By Product
- Stretch VCI Films
- Shrink VCI Films
- Sheets
By Material
- Polyethylene
- Paper
- Substrate
By End-User Industry
- Aerospace & Defence
- Electricals & Electronics
- Automotive
- Metallurgy
- Others (Oil & Gas)
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VCI Film Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Aicello Corp.
- BRANOpac India Pvt. Ltd.
- Cortec Corp.
- Crayex Corp.
- Harita-NTI Ltd.
- Intertape Polymer Group
- James Dawson Enterprises Inc.
- MetPro Group
- Nantong Yongyu Anti-Rust
- Nefab Group
- Northern Technologies International Corp. (NTIC)
- Patkar Extrusiontech (Pvt.) Ltd.
- Propagroup SPA
- RBL Industries
- Shenyang rustproof packing material Co., Ltd.
- Tewes Corp.
- Zavenir Daubert India Pvt. Ltd.
Reasons to buy from us –
- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
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