Global Volatile Corrosion Inhibitors Market Dynamics:
Across the globe, growth of corrosion Volatile corrosion inhibitor market is being propelled by rapid growth of various end-use industries such as automotive, marine and packaging, among others. For instance, automobile production in BRIC countries is expected to increase at a CAGR of 7% to 9% over the forecast period. Moreover, significant growth for volatile corrosion inhibitors in packaging application will drive the market over the forecast period. This is mainly attributed to improving economy, rising adoption of VCI based packaging, growth of manufacturing industries and low raw material prices, among others. However, the marine industry, particularly the shipbuilding sector, is anticipated to experience a slowdown over the forecast period due to various economic factors worldwide and thus, would lower demand for volatile corrosion inhibitors market over the forecast period.
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Global Volatile Corrosion Inhibitors Market: Regional Outlook
In terms of consumption and production, Asia Pacific dominates the global volatile corrosion inhibitors market. This is mainly attributed to significant growth of construction, electronic and automotive industry in Asia Pacific Region, especially China and India. Moreover, owing to the low labor cost, less stringent environmental regulations and cheap manufacturing costs, volatile corrosion inhibitors manufacturers are focusing on strategic investments in the China and India that in turn provide impetus for the growth of volatile corrosion inhibitors market. Moreover, china volatile corrosion inhibitors market is expected to register healthy growth over the forecast period. However, Corrosion protective coatings such as those based on solvent-borne technology, emit high levels of VOC during the drying process. Implantation of stringent regulations regarding VOC emissions across Europe and North America regions is expected to adversely affect volatile corrosion inhibitors market growth to a major extent. North America followed by Europe volatile corrosion inhibitors market are expected to register slow growth over the forecast period. Middle East & Africa and Latin America volatile corrosion inhibitors markets are projected to grow steadily over the forecast period.
Global Volatile Corrosion Inhibitors Market: Key Players
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Examples of some of the market participants identified across the value chain of the global volatile corrosion inhibitors market include Protective Packaging Corporation ZAVENIR DAUBERT INDIA PVT LTD BRANOpac GmbH Metpro Group Cortec Corporation Armor Protective Packaging India Pvt Ltd JOHOKU CHEMICAL CO.,LTD Chem-Verse Consultants (India) Pvt. Ltd, among others
The research report presents a comprehensive assessment of the Volatile Corrosion Inhibitors market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. Volatile Corrosion Inhibitors also contains projections using a suitable set of assumptions and methodologies. The Volatile Corrosion Inhibitors report provides analysis and information according to market segments such as geographies, application, and industry.
The Volatile Corrosion Inhibitors report covers exhaust analysis on: Market Segments of Volatile Corrosion Inhibitors Market Dynamics of Volatile Corrosion Inhibitors Market Size of Volatile Corrosion Inhibitors Supply & Demand of Volatile Corrosion Inhibitors Current Trends/Issues/Challenges of Volatile Corrosion Inhibitors Competition & Companies involved of Volatile Corrosion Inhibitors Technology of Volatile Corrosion Inhibitors Value Chain of Volatile Corrosion Inhibitors
Volatile Corrosion Inhibitors Market Regional analysis includes: North America (U.S., Canada) Latin America (Mexico, Brazil) Western Europe (Germany, Italy, France, U.K, Spain) Eastern Europe (Poland, Russia) Asia Pacific (China, India, ASEAN, Australia & New Zealand) Japan Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The Volatile Corrosion Inhibitors report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with rotary dryer market attractiveness as per segments. The Volatile Corrosion Inhibitors report also maps the qualitative impact of various market factors on market segments and geographies.
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