Rust Proof Paper Market Booming Worldwide with Latest Trend and Future Scope by 2028

The global rust proof paper market is anticipated to grow at a CAGR of 10.5% during the forecast period (2022-2028).

It is used for the prevention or delay of rusting of iron and steel objects, or the permanent protection against corrosion. The major factor expected to drive the market growth is its features such as "high anti-rust power" and "rust prevention in every corner". In addition, the rust proof paper market is growing owing to the rising degradation due to the weather change and the continually happening degradation may not be stopped completely. The rust proof paper is mostly used in the automobile industry before the primer coat paint was applied to remove the degradation. Furthermore, it is used in daily life for removing degradation from home appliances, cars, and cycles, among others are further propelling the growth of the global rust proof paper market during the forecast period.

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Some major players in the market include Armor Protective Packaging, Protopak Engineering Corp., and Cortec Corp., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. After the ban imposed by Toyota and other automobile firms regarding the use of nitrite-impregnated VCI (volatile corrosion inhibitor) paper, Cortec came up with a nitrite-free paper, which named CorShield VpCI-146, to store metal parts. CorShield VpCI-146 is made from natural kraft paper without the use of chlorine or any other chemical bleach. After packing the metal parts, the chemicals in the paper volatilise in the surrounding environment and form a protective invisible molecular layer on the surface of the metal. This protective layer works as a barrier between metal surface and corrosion causing materials. Parts protected with VpCI-146 can be painted, welded, and soldered. The paper's protective layer does not influence physical properties of the most sensitive electrical components, including conductivity and resistance.

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Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Product Type
o By Application
o By Sales Channel

• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape- Armor Protective Packaging, Protopak Engineering Corp., and Cortec Corp., among others.

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Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Rust Proof Paper Market Report by Segment

By Product Type
• VCI Paper for Ferrous Metals
• VCI Paper for Non-Ferrous Metals
• VCI Multi-Metal Paper
• Others

By Application
• Black Metals
• Nonferrous Metals

By Sales Channel
• Online
• Supermarkets/Hypermarkets
• Others

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Orion Market Reports (OMR) endeavors to provide an exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and the most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

This release was published on openPR.