Uploaded on Aug 18, 2020
The global Corrosion Inhibitor Market is expected to reach USD 9.6 Billion by 2026, according to a new report by Reports and Data.
Corrosion Inhibitor Market
Corrosion
Inhibitor
Market To
Reach USD
9.6 Billion By
2026
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
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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)
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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?
About
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and consulting services. Our solutions purely focus on your purpose to
locate, target and analyze consumer behavior shifts across demographics,
across industries and help client’s make a smarter business decision.
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Chemicals, Power, and Energy. We consistently update our research
offerings to ensure our clients are aware about the latest trends existent in
the market. Reports and Data has a strong base of experienced analysts
from varied areas of expertise.
Contact US
John Watson
Head of Business Development
Reports And Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: [email protected]
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