VCI Paper is Fastest Growing Segment Fueling Growth of Volatile Corrosion Inhibitors (VCI) Packaging Material Market
The global Volatile Corrosion Inhibitors (VCI) Packaging Material Market is estimated to be valued at US$ 826 Mn in 2023 and is expected to exhibit a CAGR of 6.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: VCI packaging materials contain volatile corrosion inhibitors that protect metal components from corrosion through vapor phase action. They are widely used for packaging ferrous and non-ferrous metals during storage and transportation. The key advantages are corrosion protection and cost savings over time. Market Key Trends: One of the key trends in the Volatile corrosion inhibitors packaging material market is the rising usage of VCI paper. VCI paper provides corrosion protection to ferrous metals for up to two years. It contains volatile corrosion inhibitors that are released into the headspace of the package to form a protective mono-molecular layer. Compared to other...