Global VCI Heat Shrink Wraps Market Growth 2024-2030

Global VCI Heat Shrink Wraps Market Growth 2024-2030

VCI shrink wraps are clear films comprising transparent and volatile corrosion inhibitor molecules that assist in protecting metal surfaces from external factors, such as corrosion.

The global VCI Heat Shrink Wraps market size is projected to grow from US$ 2978.8 million in 2023 to US$ 4043 million in 2030; it is expected to grow at a CAGR of 4.5% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “VCI Heat Shrink Wraps Industry Forecast” looks at past sales and reviews total world VCI Heat Shrink Wraps sales in 2023, providing a comprehensive analysis by region and market sector of projected VCI Heat Shrink Wraps sales for 2024 through 2030. With VCI Heat Shrink Wraps sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world VCI Heat Shrink Wraps industry.

This Insight Report provides a comprehensive analysis of the global VCI Heat Shrink Wraps landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on VCI Heat Shrink Wraps portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global VCI Heat Shrink Wraps market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for VCI Heat Shrink Wraps and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global VCI Heat Shrink Wraps.

Hectic lifestyle and increasing consumption of packaged food are expected to drive the demand for plastic packaging materials such as plastic shrink wrap over the next decade. Plastic films are used in various industrial and commercial applications due to their strong strength and high tear resistance. In addition, industries such as packaging, packaging individual products, bundling, e-commerce, logistics, and food and beverage packaging will widely use PVC shrink bags during the evaluation period. Increase in consumption of packaged food and pharmaceuticals is also likely to create a large demand for shrink packaging systems. Due to significant changes in lifestyle, the demand for packaged food has increased. Rising demand for packaged food is further driving the demand for plastic shrink packaging across industries. In addition, plastic shrink wrap made of polyolefin can make it recyclable, and companies can easily print information on it. The easy availability of biodegradable plastics is another key factor driving the market growth. Shrink wraps are also cost-effective compared to other packaging materials as they require less energy and resources in the manufacturing process. The urgent need for sustainability and durability has increased the demand for plastic shrink wrap.

This report presents a comprehensive overview, market shares, and growth opportunities of VCI Heat Shrink Wraps market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Below 25 Micron
25 To 100 Microns
100 To 200 Microns
Above 200 Microns

Segmentation by application
Mining and Metallurgy
Electronic & Electrical
Automotive
Transport & Logistic
Aerospace
Agriculture
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Cortec
Aicello
Daubert Cromwell
MetPro Group
BRANOpac
VCI2000
RUST-X
Elite Plastics
MidSouth Packaging
TaMuWo Anti-Rust Material
Safepack
Magna

Key Questions Addressed in this Report

What is the 10-year outlook for the global VCI Heat Shrink Wraps market?

What factors are driving VCI Heat Shrink Wraps market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do VCI Heat Shrink Wraps market opportunities vary by end market size?

How does VCI Heat Shrink Wraps break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.