Anti-corrosive Packaging Market: Overview
There are various materials such as vapour corrosion inhibitors (VCI) and volatile corrosion inhibitor used to prevent from corrosion and the oxidation of materials. VICK coating is performed on various packaging formats which include films, bags, pouches and others. The corrosion protective packaging is fruitful for protecting the surface where the corrosion resistant is coating is applied directly. The anti-corrosive packaging market indicates the good potential with the growing steel production throughout the world. Anti-corrosive packaging is designed to address many challenges encountered in long term protection of metal products so that they remain corrosion free. Different type of packaging formats are surrounded with VCI coatings to prevent from the rust which include paper, films, neetings etc. Anti-corrosive coating protects the product from environment and extend the shelf life of the product by providing optimum protection. To provide protection from dust and moisture packaging manufacturers are focusing to develop corrosion protection packaging. Coatings of metal with anti-corrosive properties ensure metal components have the longest possible lifespan. Overall, the global market of anti-corrosive market is expected to remain positive during the forecast period.
Planning to lay down future strategy? Perfect your plan with our report brochure here
Anti-corrosive Packaging Market: Dynamics
The major factor driving the sales of the global anti-corrosive packaging market is the rust prevention. There are certain factors which boost the sales of the global anti-corrosive packaging market. Anti-corrosive packaging provides long lasting, effective protection against corrosion are the prominent factors boosting the sales of the anti-corrosive packaging products across the globe. Despite the positive factors there are certain factors which hinder the growth of the global anti-corrosive packaging market. When anti-corrosive packaging products comes in direct contact with the sunlight or rise in temperature decomposes the vapour and make the anti-corrosive packaging ineffective. Anti-corrosive packaging is effective for most of the metals such as zinc based alloys, cadmium, magnesium, lead and some other alloy. As a result anti- corrosive packaging is considered to be the important phenomena to protect the metal surface from the rust. Moreover, direct exposure to sunlight or rise in temperature decomposes the vapour and make the anti-corrosion packaging ineffective. This is the major factor which hinder the growth of the global; anti-corrosive packaging market.
Looking for exclusive market insights from business experts? Request a Custom Report here
Anti-corrosive Packaging Market: Segmentation
The global anti-corrosive packaging market has been segmented as follows -
On the basis of material type, the global anti-corrosive packaging market has been segmented as:
On the basis of product type, the global anti-corrosive packaging market has been segmented as:
On the basis of application, the global anti-corrosive packaging market has been segmented as:
- Electrical & Electronics
- Consumer Goods
- Industrial Goods
Anti-corrosive Packaging Market: Key Players
Few of the leading players operating in the global anti-corrosive packaging market are –
- Smurfit Kappa Group
- Nefab Group
- Gulmohar Pack-Tech India Pvt. Ltd.
- MetPro Group
- AGM Container Controls, Inc.
Anti-corrosive Packaging Market: Regional Outlook
On the basis of region, the global anti-corrosive packaging market is segmented as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Middle East & Africa and Japan. The Europe anti-corrosive packaging products is expected to remain top in terms of value and volume of the global anti-corrosive packaging product market. Rapid growth in the industries such as building & construction, food & beverage, automotive is expected to drive the demand of the global anti-corrosive packaging market. The Asia Pacific Excluding Japan (APEJ) is expected to closely follow the global anti-corrosive packaging market. Emerging countries such as China & India in Asia Pacific region is exhibiting lucrative growth opportunities of the global anti- corrosive packaging market. The North America region is expected to lead the global anti-corrosive packaging market. U.S. is expected to lead the North America anti-corrosive packaging market while Canada is expected to register notable growth of the global anti-corrosive packaging market.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.