Global VCI Film Market Competition Pattern| Market Concentration is Moderate, with Top 3 Companies Accounting for about 36% of the Market Share

VCI (Vapor Corrosion Inhibitor) film is a new generation of innovative high-tech product based on the combination of polymer materials and VCI gas phase anti rust technology development. After the VCI film is sealed by the packaging of the rust proof item, the VCI contained in the film begins to sublime and emit rust proof gas factors, diffuse and penetrate to the surface of the rust proof item and adsorb onto it, forming a dense protective film layer with a single molecule thickness, isolating various factors that induce rust from contact with the surface of the rust proof item, thereby effectively preventing the occurrence of rust.
Overview of Market Development
VCI film has the characteristics of transparency, good barrier properties, long anti rust period, and easy use. It is a new generation of anti-rust packaging material with economy and environmental friendliness. In recent years, the global VCI film market has shown a steady growth trend. According to research data from Bezos, the estimated global VCI film market size in 2024 is $412 million, an increase of 5.25% compared to 2023.
In the future, as the demand for rust proof packaging continues to increase in various industries, especially in the metal industry, the VCI film market will further expand. It is expected that by 2029, the global VCI film market size will increase to $548 million. The CAGR for 2024-2029 is estimated to be 5.87%.
Analysis of Market Competition Pattern
From the perspective of market competition, the concentration of the global VCI film market is moderate, with the top 3 companies accounting for approximately 36% of the market share in 2023. The top three companies were Aicello Corporation, Cortec Corporation, and BRANOPAc. In 2023, these three companies' revenue shares in the global market for VCI films were 19.87%, 8.21%, and 7.53%, respectively. ‌ 

Global VCI Film Market Size Forecast and Competition Pattern Analysis 

Global VCI Film Market Size Forecast and Competition Pattern Analysis

Source: www.globalmarketmonitor.com
Segmented Market Analysis
From the perspective of product types, based on their different functional characteristics, VCI films can usually be subdivided into types such as stretch VCI films and shrink VCI films. Among them, the segmented type of stretch film holds a significant market share, with an estimated 36.72% in 2024.
From the perspective of downstream application patterns, gas-phase anti rust films are widely used in various fields such as automobiles, steel, machinery, and electronics. Among them, the automotive industry is the largest downstream application market, with an estimated application share of 34.27% in 2024.
Global VCI Film Segment Market Size and Market Share Forecast in 2024


Market Size (Million USD)

Market Share

Segmented by Type

Stretch VCI Films

151.14

36.72%

Shrink VCI Films

83.13

20.20%

Others

177.30

43.08%

Segmented by Application

Automotive

141.05

34.27%

Steel

48.49

11.78%

Machinery

77.92

18.93%

Electronics

37.73

9.17%

Others

106.39

25.85%

Source: www.globalmarketmonitor.com

For more industry information, please refer to our latest released "2023 Global VCI Film Market Analysis Report, Key Competitors, Market Effect Factors, Growth, And Forecast".

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