Anti-corrosive Packaging Market Size, Share, and Industry Analysis By Material (Plastic {Polyethylene (PE), Polyvinyl Chloride (PVC), Polyurethane (PU), Others}, Paper, and Others), By Product Type (Bags, Films & Wraps, Tapes, and Others), By End Use (Automotive, Electrical & Electronics, Aerospace & Defense, Oil & Gas, Marine, and Others), and Regional Forecast, 2024-2032

Anti-corrosive packaging is a paper or film that is filled with special chemicals to safeguard metals against corrosion. The goods are majorly exposed to extreme humidity, salinity, and temperature during transportation. The only way to control oxidation is by insulating the products from the destructive environment through the use of anti-corrosive packaging, leading to a rise in the demand for anti-corrosive packaging in the market. The introduction of sustainable volatile corrosion inhibitor packaging also fosters market growth. The rising technological advancements and developments in product launches generate lucrative growth opportunities.

• For instance, in December 2020, EcoCortec introduced the world’s first Eco-Corr film, ESD. The films and bags launched are biodegradable, compostable, and static dissipative powered by “Nano” VpCI. The product is majorly targeted to serve electronics, telecommunications, packaging, and electric car industries that demand environmentally friendly packaging solutions.

The massive growth in shipping and logistics activities of metal products is creating the demand for advanced anti-corrosive packaging solutions as the transportation of goods in shipping containers is easily exposed to extreme salinity, humidity, and temperature conditions. In addition, the increasing adoption of Industry 4.0 is thriving the demand for interconnected machinery, driving the anti-corrosive packaging market growth.

The anti-corrosive packaging solutions turn ineffective when they come in contact with sunlight or other temperature conditions. The sudden rise in temperature decomposes the vapor present in these packaging. Direct contact with sunlight is the major factor limiting the growth of anti-corrosive packaging solutions in major end-use industries. Moreover, the volatility in raw materials prices for manufacturing also obstructs market growth.

The outbreak of the COVID-19 pandemic led to a long-lasting effect on several sectors. The anti-corrosive packaging industry faced moderate effects during the pandemic. The massively growing e-commerce and logistic sector during the virus outbreak boosted the demand for anti-corrosive packaging solutions for the safe transportation of goods without being exposed to external factors such as light and air.

SEGMENTATION

KEY INSIGHTS

The report covers the following key insights:

• Recent Advancements in the Anti-corrosive Packaging Market


• Key Industry Trends


• Regulatory Landscape for the Anti-corrosive Packaging Market


• Key Industry Developments (Mergers, Acquisitions, and Partnerships)


• Impact of COVID-19 on the Market

ANALYSIS BY MATERIAL

Based on material, the market is segmented into plastic, paper, and others.

The plastic segment dominates the global anti-corrosive packaging market. The material prevents the interchange of air between the packaging and the container. The material also protects the goods from external humidity and functions as a thermal insulator, further preventing increase in air temperature inside the packaging and the condensation of moisture.

ANALYSIS BY PRODUCT TYPE

Based on product type, the market is segmented into bags, films & wraps, trays and others.

The bags segment dominates the market and is estimated to witness excellent growth over the upcoming years. Anti-corrosive bags help keep moisture from the metal components, further preserving their quality throughout shipment. Moreover, as these bags can be heat-sealed to avert any potential contamination, they are in high demand among the automotive, marine, military, and other sectors.

ANALYSIS BY END USE

Based on end use, the market is segmented into automotive, electrical & electronics, aerospace & defense, oil & gas, marine, and others.

The automotive segment holds a significant share in the market. The industry majorly relies on metal components and parts that are susceptible to corrosion. The corrosion of such metal parts can lead to compromised performance, decreased lifespan of automotive parts, and significant structural damage, further leading to costly repairs ad replacements. The rising utilization of anti-corrosive products by the automotive sector propels segmental growth.

REGIONAL ANALYSIS

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The anti-corrosive packaging market has been studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Europe is the dominating region in the global anti-corrosive packaging market. The rapid growth in the automotive, marine, and logistics industry in the region contributes to the regional expansion.

North America is the second-dominating region and is analyzed to grow significantly over the forecast period. The upsurge in marine and construction majorly cushions the market growth in North America. The efficiently expanding automotive sector also drives regional growth.

Asia Pacific is the third-leading region of the global anti-corrosive packaging market. The region’s well-established electronics, aerospace, and defense sectors exhibit a high demand for anti-corrosive packaging solutions, further influencing regional growth.

The growing aerospace  and automotive sectors and rising infrastructures for these sectors are majorly boosting the demand for anti-corrosion packaging in the Latin American region. Furthermore, the rapidly growing demand for these packaging solutions from the oil & natural gas industry propels the market growth in the Middle East & Africa.

KEY PLAYERS COVERED

The report includes the profiles of key players such as Nefab Group, Creopack, SAFEPACK, Nitto Denko Corporation, Smurfit Kappa, Armor Protective Packaging, Daubert Cromwell, Intertape Polymer Group Inc., Cortec Corporation, and Metpro Group.

KEY INDUSTRY DEVELOPMENTS

• In February 2024, Antalis announced the acquisition of Tecnoprimaf, a company specialized in the manufacturing & distribution of wooden packaging and anti-corrosion solutions for industrial business customers. With the acquisition, Antalis becomes the leader in bespoke packaging solutions for the Italian market.


• In February 2023, Cortec Corporation launched a new version of anti-corrosion foil technology. The newly launched film is corrosion-inhibiting, manufactured with high post-consumer recycled content, and fulfills sustainability goals without compromising quality.