1 / 4

Corrosion Inhibitors Market Research Report, Trends, Size, Share, Top 10 key Pla

APAC is the fastest-growing region for the corrosion inhibitor market. Factors such as high population, increasing industrial growth, and growing concern for the environment are driving the demand for water treatment chemicals in the region and are directly influencing the market of corrosion inhibitors.

Stephen233
Download Presentation

Corrosion Inhibitors Market Research Report, Trends, Size, Share, Top 10 key Pla

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Corrosion Inhibitors Market 2022: Size, Share, Top 10 Key Players, SWOT Analysis, Key Indicators and Forecast Corrosion Inhibitors Market Overview Corrosion inhibitors are chemical substances that are used to prevent or reduce the corrosion of metals. They work by forming a barrier between the metal surface and the corrosive environment, or by reacting with the corrosive agents to form a protective film on the metal surface. Corrosion inhibitors are used in a wide range of industries, including oil and gas, power generation, aerospace, automotive, marine, and construction. The global corrosion inhibitors market is expected to grow at a moderate rate during the forecast period, due to the increasing demand for corrosion inhibitors in various end-use industries. The growth of the corrosion inhibitors market is driven by the increasing infrastructure development and the need to protect metal structures from corrosion. In addition, the increasing demand for corrosion inhibitors in the oil and gas industry is expected to drive the market growth. Corrosion Inhibitors Market report shares analysis by Compound (Organic, Inorganic), Type (Water Based, Oil Based and VCI), Application, End-Use (Power Generation, Oil & Gas, Metal & Mining, Pulp & Paper, Utilities, Chemical), and Region - Global Forecast to 2026. Get Sample Copy of this Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=246 Corrosion Inhibitors Market Drivers and Restraints Corrosion inhibitors are chemical compounds that are added to a system (such as a fuel, oil, water, or other liquid) to prevent or reduce the corrosion of metals. The global market for corrosion inhibitors is driven by a number of factors, including: 1.Increasing demand for corrosion inhibitors in various end-use industries, such as oil and gas, chemical processing, power generation, and water treatment. 2.Stringent regulations on the use of corrosion inhibitors in various industries, which has led to the development of more effective and environmentally friendly corrosion inhibitors. 3.The growing use of corrosion inhibitors in the transportation sector, particularly in the automotive and aerospace industries. 4.The increasing use of corrosion inhibitors in the construction and infrastructure sectors to protect against corrosion of steel and other metals in buildings, bridges, and other structures. There are also several restraints that may impact the growth of the corrosion inhibitors market, including: 1.The high cost of corrosion inhibitors, which can be a barrier to adoption in some industries. 2.The potential environmental impact of corrosion inhibitors, as some chemicals used in corrosion inhibitors can be harmful to the environment. 3.The availability of alternative methods for corrosion prevention, such as coatings and cathodic protection, which may be more cost-effective in some cases. 4.The potential for corrosion inhibitors to interact with other chemicals in a system, which can affect their effectiveness and safety.

  2. Corrosion Inhibitors Market Key Players There are many vendors in the corrosion inhibitors market. Some examples of companies that manufacture and sell corrosion inhibitors include: • • • • • • • • • • Solenis (US) Nouryon (The Netherlands) Baker Hughes Company (US) Ecolab (US) BASF SE (Germany) SUEZ Water Technologies & Solutions (France) DOW Chemical Company (US) Lubrizol Corporation (US) Lanxess (Germany) Henkel Corporation (Germany). Corrosion Inhibitors Market Segmentation Based on compound: • • Organic corrosion inhibitors Inorganic corrosion inhibitors

  3. Based on applications • • • Water Treatment Process and Product Additives Oil & Gas Production Based on the type: • • • Water-based Corrosion Inhibitors Oil-based Corrosion Inhibitors Volatile Corrosion Inhibitors Volatile Corrosion Inhibitor is projected to be the fastest-growing market, based on type. Volatile Corrosion Inhibitors (VCI) will register the highest CAGR for the type segment of corrosion inhibitor market, during the forecast period. VCIs work by changing the pH of the outside atmosphere to less acidic conditions to regulate corrosion. Examples include morpholine and hydrazine, which are used to control the corrosion of the condenser pipes in boilers. Key industrial applications are polymer films, paper, foam, powder and oil, and grease industrial applications. View Full Report with TOC & List of Figure: https://www.marketsandmarkets.com/Market- Reports/Study-Corrosion-Inhibitor-Market-246.html Based on the end-use industry: • • • • • • Oil & gas Power generation Chemicals Metals processing Pulp & paper Others (food & beverage, pharmaceuticals, hydrometallurgy, construction, automotive, aerospace) Based on the region: • • • • • APAC Europe North America Middle East & Africa South America The Middle East & Africa region is the second fastest-growing region for the corrosion inhibitor market, in terms of value. The region has emerging markets, such as Saudi Arabia, the UAE, Iran, Kuwait, and South Africa. The region has established oil & gas and chemical & petrochemical industries due to the abundant availability of natural resources.

  4. About MarketsandMarkets™ MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to- Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

More Related