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QYResearch: The global market for VCI Anti Rust Paper is projected to reach US$ 142.29 million by 2022

More: http://www.qyresearchglobal.com/goods-1125575.html QYR disclosed a new report-- Global VCI Anti Rust Paper Market Research Report 2017. The Global VCI Anti Rust Paper Market Research Report 2017 is a professional and in-depth study on the current state of the VCI Anti Rust Paper market.

QYRESEARCH North America

QYRESEARCH North America was the largest production market with a market share of 38.74% in 2012 and 37.54% in 2017 with a decrease of 1.19%. Europe ranked the second market with the market share of 21.32% in 2016. The VCI paper for ferrous metals segment of this market is estimated to account for the largest market share, in terms of value, in 2017. This segment leads the market due to its application in all automotive vehicles passenger vehicle or commercial vehicle that roll out of the manufacturing unit. The second largest market, by application, in 2017 is the engine control and cooling system, followed by Aerospace Precision Parts. The global market for VCI Anti Rust Paper is projected to reach US$ 142.29 million by 2022, driven by the steadily recovering global economy and the parallel improvement in outlook for the automotive and manufacturing sectors. Asia-Pacific represents the largest market worldwide, supported by rising public sector investments in defense, infrastructure and aerospace, across countries including China, Malaysia, South Korea and India. Also driving growth is the growing foreign direct investments in the manufacturing sector in key Asian economies. The United States represents another major market for VCI Anti Rust Paper with reshoring marking the beginning of the much awaited manufacturing renaissance in the country. 'Bolts' represents the largest product market while the 'automotive' sector ranks as the largest end-use market.

QYRESEARCH

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