VCI packaging market Study Landscape And Industry Innovations Encountered Huge Growth
Global VCI Packaging Market: Overview
VCI packaging market is expected to witness robust growth in the near future, thanks to rising e-commerce, shipping, and sales of consumer electronics. VCI packaging is an abbreviation of Volatile Corrosion Inhibitor. It includes various packaging options like plastics, and paper material which provide extreme corrosion resistance with the help of inhibitors. These are widespread in demand as these make for ideal materials for transport and storage. Additional testing and research in VCI packaging is resulting in new methods for ensuring safety of transports. Advancement testing methods include accelerated climate test, razor blade test, and VIA test. With these testing apparatus, and effective application of the product, the VCI packaging market continues to provide tremendous growth opportunities. However, there is also a growing need in the market to standardize testing method to ensure more reliability and safety for end-products.
Are you a start-up willing to make it big in the business? Grab an exclusive PDF brochure
Global VCI Packaging Market: Notable Developments
The global VCI packaging market is witnessing new application in coatings of metal work. Corrosion of metals is a widespread issue for the manufacturing as well as several other sectors. Additionally, during transport, and other temporary arrangements, metal corrosion can result in significant damages. The VCI packaging provides the ability to vaporize, and condense on the surface. This makes ferrous and non-ferrous materials less susceptible to corrosion. Additionally, it provides a confined space for metals to go to work during operations. Moreover, the packaging also provides a layer of monomolecular surface which prevent electrochemical reactions.
India’s largest carmaker Maruti Suzuki has announced that it will follow EU guidelines to reduce its carbon footprint through the use of extensive VCI packaging materials. The new measures will see conform to the packaging, labelling and classification needs for chemical substances. The company in recent years has accounted for more than 50% share in domestic passenger vehicle segment. Maruti Suzuki has also announced that it will use international material data capturing systems to weed out prohibitive substances in packaging. The rising benchmark for industries such as EU norms, growing concerns about carbon emissions, and rising effectiveness of VCI packaging for transporting vehicles, especially during rainy seasons are expected to drive tremendous growth.
REQUEST FOR COVID19 IMPACT ANALYSIS ACROSS INDUSTRIES AND MARKETS- https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=73889