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The global Corrosion Inhibitor Market is expected to reach USD 9.6 Billion by 2026, according to a new report by Reports and Data.
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Market Summary Market Size – USD 7.2 Billion in 2018, Market Growth - CAGR of 3.6%, Market Trends –Increasing investments in construction sector. The global Corrosion Inhibitor Market is expected to reach USD 9.6 Billion by 2026, according to a new report by Reports and Data. This can be mainly associated with the increasing need to effectively reduce the corrosion rate of a metal exposed to any environment. • Further key findings from the report suggest • The green corrosion inhabitants are expected to witness the highest growth, with a CAGR of 7.0%, by 2026, due to the innovation majorly focuses on the use of eco-friendly and sustainable compounds such as plant extracts, containing many organic compounds. • The market size for water based inhibitors dominates the globally in 2018, and is expected to have a higher growth, with a CAGR of 4.7%, due to the increasing need for water treatment chemicals due to its lower volatile organic content (VOC) emissions.
Market Summary Key Players: Air Products and Chemicals Inc., Akzo Nobel NV , Ashland Inc., Anticorrosion Protective Systems LLC, BASF SE, Champion Technologies Inc., Chemtreat Inc., Cytec Industries Inc., Cortec Corporation, Daubert Cromwell LLC, DOW Chemical, Halox Inc., Henkel AG & Co., and Kurita Water Industries Ltd, among others. Segmentation: • Corrosive agent type Outlook (Volume, Kilo Tons; 2018-2026 and Revenue, USD Billion; 2018-2026)Oxygen • Hydrogen Sulfide • Carbon Dioxide • Corrosion type Outlook (Volume, Kilo Tons; 2018-2026 and Revenue, USD Billion; 2018-2026)Uniform or general corrosion • Galvanic corrosion • Localized corrosion • Stress corrosion cracking (SCC) • Erosion corrosion Get a Free Sample PDF Report to understand our report before you purchase @ https://www.reportsanddata.com/sample-enquiry-form/1174
Market Summary Applications Outlook (Volume, Kilo Tons; 2018-2026 and Revenue, USD Billion; 2018-2026)Power Generation Oil & Gas Refinery Pulp & Paper Metal & Mining Chemical Processing Desalination Plant Others Regional Outlook for Corrosion Inhibitor Market analyses the following geographies: North America (United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Colombia, etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) Any Query or Discount? Ask our Expert @ https://www.reportsanddata.com/discount-enquiry-form/1174
The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period?
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