Anti-corrosion Paper Market: Overview and investment Analysis 2021-2031
Anti-corrosion papers are also known as volatile corrosion inhibitors paper that is used to protect metals that are ferrous or non-ferrous against oxidation or rust. Once the surface is rusted it is impossible to apply surface treatments. Natural kraft paper is coated with volatile chemicals making it anti-corrosion paper.
These kraft paper do not contain fluorochemicals, sulphates, nitrites or any other heavy metals. The anti-corrosion paper eliminates the need to manufacture a variety of packaging for various metals that needs to be protected. The increasing demand for high-quality metallic components and equipment is directly proportional to the overall growth of the new innovative packaging solutions in the market.
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A typical application of this paper is to protect metal parts such as stored tools, hinges in cupboards, boxes, or parts of automotive, and many others. The steady growth of the aerospace industry, automotive industry and other end users have anticipated a steady and rising growth of the anti-corrosion market. Manufacturers of metallic components are also turning their attention towards the anti-corrosion paper for packaging of the product to avoid any risk related to corrosion in the future.
Anti-corrosion Paper Market: Dynamics
The rising demand for the anti-corrosion paper is expected to be positively impacted by the attributes of the anti-corrosion paper to extend the lifecycle of the product without creating any problem for the electrical or mechanical surface. The paper’s chemical properties continue to vaporise to insulate the sensitive parts of the product against humidity or moisture. Also, the sustainable feature of the anti-corrosion paper makes it cost-effective for manufacturers. The paper’s recyclability and ease of convenience are some of the added advantages that act as a driver in the increasing demand for anti-corrosion paper in the market.
The anti-corrosion property slows down or prevents the electrochemical reactions from adversely affecting the metal parts causing them to rust or discard their appearance. These papers undergo adverse chemical treatments to make them more suitable for complex packaging requirements which have attracted the manufacturers towards opting for anti-corrosion paper. Innovations in the packaging industry have encouraged manufacturers to produce a moisture-resistant paper that positively affects the growth of the anti-corrosion market by creating new opportunities for the manufacturers.
As the anti-corrosion paper is coated with various chemicals to prevent rusting in adverse conditions, some of those chemicals might develop toxicity which would be hazardous for the environment and the workers. It is suggested that the worker take proper precautions while manufacturing process to avoid any risks. Another factor that might hamper the demand for anti-corrosion paper is that this paper is best suitable for packaging steel and stainless steel.
Anti-corrosion Paper Market: Segmentation
Anti-corrosion Paper Market can be segmented by packaging format, product type, and end use.
Based on the Packaging Format, the Anti-corrosion Paper Market has been segmented as
- Bags
- Rolls
- Sheets
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Based on the Product Type, the Anti-corrosion Paper Market has been segmented as
- Waxed Paper
- Thick Paper
Based on End Use, the Anti-corrosion Paper Market has been segmented as
- Automotive Components
- Defense & Military Equipments
- Musical Components
- Aerospace Equipments
- Others (Motors, Bearings etc.)
Anti-corrosion Paper Market: Regional Outlook
North America and Europe are anticipated to be the leading markets for anti-corrosion paper owing to the adaption of innovative packaging supported by rising industries such as defence & military, aerospace, automotive and many others. North America is emerging as a tough competitor in the automotive industry marking the beginning of a new era of manufacturing developments in this region.
The Asia Pacific is known as a leading market in the manufacturing industry supported by government initiatives and investments in the public sector. The increasing GDP growth and the increased disposable income of the regions have encouraged many new entrants. These factors drive the demand for anti-corrosion paper in the Asia Pacific region.
Anti-corrosion Paper Market: Key Players
Key players in the Anti-corrosion Paper Market are,
- Armor Protective Packaging
- Branopac India Pvt Ltd
- Cortec Corp.
- Daubert Cromwell
- Protective Packaging Corporation
- Green Packaging
- LPS Industries
- RBL Industries
- Protopak Engineering Corp
- Raja UK
The report anti-corrosion paper market 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 an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on anti-corrosion paper market segments and geographies.
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