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Corrosion Inhibitor Market By Product (Organic, Inorganic), By Application (Water-Based, Oil-Based), By End Use (Power Generation, Oil & Gas, Pulp & Paper Metal Processing, Chemical Processing) – Growth, Future Prospects And Competitive Analysis 2017 – 2025

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Market Insights

This report, titled “Corrosion Inhibitor Market: Growth, Future Prospects, and Competitive Analysis, 2017–2025,” offers strategic insights into the trends in the corrosion inhibitor market along with the market size and forecast for the duration of 2017–2025. The said research study incorporates an in-depth analysis of multiple market segments based on product type, application, end-use industry, and geographical distribution.

The global corrosion inhibitor market is becoming increasingly competitive, with a growing number of mergers and collaborations between market players to expand their production capabilities to meet the demand for corrosion inhibitors. In addition, several players are also focused on developing their niche in the market. The rapid growth of this market has also resulted in the creation of further skilled job opportunities in major hubs spread across North America, Europe, Latin America, the Middle East and Africa, and Asia Pacific.

Based on product type, the global corrosion inhibitor market is segmented into organic and inorganic corrosion inhibitors. By application, the global corrosion inhibitor market is segmented into water-based and oil-based products. On the basis of the end-use industry, the global corrosion inhibitor market is categorized into power generation, oil & gas, pulp & paper, metal processing, chemical processing, and others.

In addition, corrosion inhibitor manufacturing companies, distributors, and academic organizations form the major client types for the corrosion inhibitor market. The market size (in kilo tonnes) and forecast for all the considered segmentations are presented in this report for the period 2015–2025, along with their respective CAGRs (%) for the forecast period 2017–2025.

In terms of geographical distribution, the global corrosion inhibitor market is a study of five major regions, namely, North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Market size and forecasts for each regional and country-level market are included in the report for the considered periods. To further elucidate.

Along with the quantitative information sets, this report also provides qualitative information, such as market dynamics and an executive summary of the global corrosion inhibitor market.

The report also includes tools to help readers with competitive mappings, such as competition assessment and appealing investment propositions. This study concludes with a company profile section. This section includes major information about the key companies engaged in the development and provision of corrosion inhibitors.

Based on the product type, the global corrosion inhibitor market is segmented as follows:

  • Organic
  • Inorganic

On the basis of product type, the global corrosion inhibitor market can be segmented into organic and inorganic. In 2016, the organic segment accounted for the largest share of the global corrosion inhibitor market. A wide array of applications of organic corrosion inhibitors in metal processing and the chemical industry in water treatment owing to their less toxic properties, is projected to drive the growth of the segment over the forecast period.

The inorganic corrosion inhibitor segment is projected to gain significant growth over the forecast period. The increasing use of inorganic corrosion inhibitors in water treatment applications is expected to drive segment growth during the forecast period (2017-2025).

Based on the application, the global corrosion inhibitor market is segmented as follows:

  • Water-based
  • Oil-based

On the basis of application, the global corrosion inhibitor market can be segmented into water-based applications and oil-based applications. In 2016, water-based applications were observed to be the largest application segment and are projected to maintain their dominance during the forecast period.

Increasing demand for water-based corrosion inhibitors from end-use industries, including construction, power generation, oil & gas, and mining, is anticipated to spur the growth of the segment over the forecast period. Oil-based applications are anticipated to witness high growth during the forecast period owing to the growing demand for oil-based corrosion inhibitors for protective coatings, which is projected to augment the segment’s growth.

Based on the end-use industry, the global corrosion inhibitors market is segmented as follows:

  • Power Generation
  • Oil and Gas
  • Pulp and paper
  • Metal Processing
  • Chemical Processing
  • Others

On the basis of the end-use industry, the global corrosion inhibitors market can be segmented into power generation, oil & gas, pulp & paper, metal processing, chemical processing, and others. In 2016, the power generation segment accounted for the largest share of the global corrosion inhibitors market. Corrosion inhibitors are widely used for corrosion protection of turbines, pipelines, machines, equipment, etc., used in power plants.

Thus, growing energy demand with a rising population is anticipated to propel the need for power plants to operate longer hours, which in turn is anticipated to spur the demand for corrosion inhibitors. Further, rising investment in renewable energy is also anticipated to augment the demand for corrosion inhibitors during the forecast period.

Increased produced water generation and rising exploration of conventional and non-conventional oil and gas reserves are anticipated to boost the growth of the oil and gas application segment over the forecast period (2017–2025).

For the purpose of this study, the global corrosion inhibitor market is categorized into three segments:

  • North America
  • Europe
  • Asia Pacific
  • Latin America (LATAM)
  • Middle East and Africa (MEA)

On the basis of geography, the global corrosion inhibitor market can be segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. In 2016, Asia Pacific accounted for the largest share of the global corrosion inhibitor market and was also projected to witness robust growth during the forecast period.

Rapid industrial and infrastructure development in the region, especially in China and India, is fueling the growth of the construction industry, which in turn is propelling the demand for construction materials such as steel bars and other metal components, subsequently increasing the demand for water treatment and metal treatment. Thus, the corrosion inhibitor market is projected to witness significant growth in the consumption of corrosion inhibitors in the Asia Pacific during the forecast period.

North America is projected to be the second-largest market in the global corrosion inhibitors market. Increasing produced water generation, along with growing production of shale gas reserves and a strong manufacturing base, are anticipated to propel the demand for corrosion inhibitors in the region during the forecast period (2017–2025).

1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted

2. Executive Summary
2.1. Global Corrosion Inhibitor Market Snapshot
2.1.1. Global Corrosion Inhibitor Market, by Product Type, 2016
2.1.2. Global Corrosion Inhibitor Market, by Application, 2016
2.1.3. Global Corrosion Inhibitor Market, by End Use Industry, 2016
2.1.4. Global Corrosion Inhibitor Market, by Geography, 2016
2.1.5. Key Players
2.1.6. Drivers, Restrains & Future Prospects

3. Global Corrosion Inhibitor Market Dynamics
3.1. Market Overview
3.1.1. Market Definition
3.1.2. Market Size & Forecast, 2015-2025
3.2. Drivers
3.3. Challenges
3.4. Future Prospects
3.5. Impact Analysis of Drivers and Challenges
3.6. Porter’s Five Force Analysis
3.6.1. Bargaining Power Of Suppliers
3.6.2. Bargaining Power Of Buyers
3.6.3. Threat Of Substitutes
3.6.4. Threat Of New Entrants
3.6.5. Industry Rivalry

4. Global Corrosion Inhibitor Market Size & Forecast (Kilo Tons) (US$ Mn), By Product Type, 2015 – 2025
4.1. Overview
4.1.1. Market Share Analysis by Product Type, 2016 vs. 2025
4.1.2. Attractive Investment Proposition by Product Type
4.2. Organic
4.3. Inorganic

5. Global Corrosion Inhibitor Market Size & Forecast (Kilo Tons) (US$ Mn), By Application, 2015 – 2025
5.1. Overview
5.1.1. Market Share Analysis by Application, 2016 vs. 2025
5.1.2. Attractive Investment Proposition by Application
5.2. Water-based
5.3. Oil-based

6. Global Corrosion Inhibitor Market Size & Forecast (Kilo Tons) (US$ Mn), By End Use Industry, 2015 – 2025
6.1. Overview
6.1.1. Market Share Analysis by End Use Industry, 2016 vs. 2025
6.1.2. Attractive Investment Proposition by End Use Industry
6.2. Power Generation
6.3. Oil & Gas
6.4. Pulp & Paper
6.5. Metal Processing
6.6. Chemical Processing
6.7. Others

7. Global Corrosion Inhibitor Market Size & Forecast (Kilo Tons) (US$ Mn), By Geography, 2015 – 2025
7.1. Overview
7.1.1. Market Share Analysis by Geography, 2016 vs. 2025
7.1.2. Attractive Investment Proposition by Geography
7.2. North America Corrosion Inhibitor Market Analysis, 2015 – 2025
7.2.1. North America Corrosion Inhibitor Market Size & Forecast (Kilo Tons) (US$ Mn), By Country, 2015 – 2025
7.2.1.1. U.S.
7.2.1.2. Canada
7.2.2. North America Corrosion Inhibitor Market Size & Forecast (Kilo Tons) (US$ Mn), By Product Type, 2015 – 2025
7.2.2.1. Organic
7.2.2.2. Inorganic
7.2.3. North America Corrosion Inhibitor Market Size & Forecast (Kilo Tons) (US$ Mn), By Application, 2015 – 2025
7.2.3.1. Water-based
7.2.3.2. Oil-based
7.2.4. North America Corrosion Inhibitor Market Size & Forecast (Kilo Tons) (US$ Mn), By End Use Industry, 2015 – 2025
7.2.4.1. Power Generation
7.2.4.2. Oil & Gas
7.2.4.3. Pulp & Paper
7.2.4.4. Metal Processing
7.2.4.5. Chemical Processing
7.2.4.6. Others
7.3. Europe Corrosion Inhibitor Market Analysis, 2015 – 2025
7.3.1. Europe Corrosion Inhibitor Market Size & Forecast (Kilo Tons) (US$ Mn), By Country, 2015 – 2025
7.3.1.1. U.K.
7.3.1.2. Germany
7.3.1.3. Italy
7.3.1.4. France
7.3.1.5. Russia
7.3.1.6. Rest of Europe
7.3.2. Europe Corrosion Inhibitor Market Size & Forecast (Kilo Tons) (US$ Mn), By Product Type, 2015 – 2025
7.3.2.1. Organic
7.3.2.2. Inorganic
7.3.3. Europe Corrosion Inhibitor Market Size & Forecast (Kilo Tons) (US$ Mn), By Application, 2015 – 2025
7.3.3.1. Water-based
7.3.3.2. Oil-based
7.3.4. Europe Corrosion Inhibitor Market Size & Forecast (Kilo Tons) (US$ Mn), By End Use Industry, 2015 – 2025
7.3.4.1. Power Generation
7.3.4.2. Oil & Gas
7.3.4.3. Pulp & Paper
7.3.4.4. Metal Processing
7.3.4.5. Chemical Processing
7.3.4.6. Others
7.4. Asia Pacific Corrosion Inhibitor Market Analysis , 2015 – 2025
7.4.1. Asia Pacific Corrosion Inhibitor Market Size & Forecast (Kilo Tons) (US$ Mn), By Country, 2015 – 2025
7.4.1.1. China
7.4.1.2. India
7.4.1.3. Japan
7.4.1.4. Rest of Asia Pacific
7.4.2. Asia Pacific Corrosion Inhibitor Market Size & Forecast (Kilo Tons) (US$ Mn), By Product Type, 2015 – 2025
7.4.2.1. Organic
7.4.2.2. Inorganic
7.4.3. Asia Pacific Corrosion Inhibitor Market Size & Forecast (Kilo Tons) (US$ Mn), By Application, 2015 – 2025
7.4.3.1. Water-based
7.4.3.2. Oil-based
7.4.4. Asia Pacific Corrosion Inhibitor Market Size & Forecast (Kilo Tons) (US$ Mn), By End Use Industry, 2015 – 2025
7.4.4.1. Power Generation
7.4.4.2. Oil & Gas
7.4.4.3. Pulp & Paper
7.4.4.4. Metal Processing
7.4.4.5. Chemical Processing
7.4.4.6. Others
7.5. Latin America Corrosion Inhibitor Market Analysis , 2015 – 2025
7.5.1. Latin America Corrosion Inhibitor Market Size & Forecast (Kilo Tons) (US$ Mn), By Country, 2015 – 2025
7.5.1.1. Brazil
7.5.1.2. Mexico
7.5.1.3. Rest of Latin America
7.5.2. Latin America Corrosion Inhibitor Market Size & Forecast (Kilo Tons) (US$ Mn), By Product Type, 2015 – 2025
7.5.2.1. Organic
7.5.2.2. Inorganic
7.5.3. Latin America Corrosion Inhibitor Market Size & Forecast (Kilo Tons) (US$ Mn), By Application, 2015 – 2025
7.5.3.1. Water-based
7.5.3.2. Oil-based
7.5.4. Latin America Corrosion Inhibitor Market Size & Forecast (Kilo Tons) (US$ Mn), By End Use Industry, 2015 – 2025
7.5.4.1. Power Generation
7.5.4.2. Oil & Gas
7.5.4.3. Pulp & Paper
7.5.4.4. Metal Processing
7.5.4.5. Chemical Processing
7.5.4.6. Others
7.6. Middle East & Africa (MEA) Corrosion Inhibitor Market Analysis , 2015 – 2025
7.6.1. MEA Corrosion Inhibitor Market Size & Forecast (Kilo Tons) (US$ Mn), By Region, 2015 – 2025
7.6.1.1. GCC
7.6.1.2. Rest of MEA
7.6.2. MEA Corrosion Inhibitor Market Size & Forecast (Kilo Tons) (US$ Mn), By Product Type, 2015 – 2025
7.6.2.1. Organic
7.6.2.2. Inorganic
7.6.3. MEA Corrosion Inhibitor Market Size & Forecast (Kilo Tons) (US$ Mn), By Application, 2015 – 2025
7.6.3.1. Water-based
7.6.3.2. Oil-based
7.6.4. MEA Corrosion Inhibitor Market Size & Forecast (Kilo Tons) (US$ Mn), By End Use Industry, 2015 – 2025
7.6.4.1. Power Generation
7.6.4.2. Oil & Gas
7.6.4.3. Pulp & Paper
7.6.4.4. Metal Processing
7.6.4.5. Chemical Processing
7.6.4.6. Others

8. Company Profiles
8.1. Competitive Dashboard
8.2. Key Players
8.2.1. Akzo Nobel NV
8.2.1.1. Business Description
8.2.1.2. Financial Information*
8.2.1.3. Product Portfolio
8.2.1.4. Key Developments/ Business Strategies
8.2.1.5. SWOT Analysis
8.2.2. Arkema SA
8.2.3. Ashland Incorporated
8.2.4. BASF SE
8.2.5. Berkshire Hathaway Incorporated
8.2.6. Buckman Laboratories International Incorporated
8.2.7. Champion Technologies Inc.
8.2.8. Chemtura Corporation
8.2.9. Cortec Corporation
8.2.10. Cytec Industries Inc.
8.2.11. Dai-Ichi Karkaria Ltd.
8.2.12. Daubert Cromwell LLC
8.2.13. Dover Chemical
8.2.14. Dow Chemical Company
8.2.15. DuPont
8.2.16. GE Water & Process Technologies
8.2.17. Henkel AG & Company KGaA
8.2.18. Italmatch Chemicals SpA
8.2.19. Lubrizol
8.2.20. Nalco Water
8.2.21. Occidental Petroleum Corporation
8.2.22. OxyChem
8.2.23. PMC Global Incorporated
8.2.24. PQ Corporation
8.2.25. Solenis LLC
8.2.26. Solvay SA
8.2.27. Taminco, (Eastman Chemical)
8.2.28. WestRock Company
8.2.29. Other Notable Players

List of Figures

Figure 01: Global Corrosion Inhibitor Market Size (Kilo Tons) (US$ Mn) & Forecast, 2015-2025
Figure 02: Global Corrosion Inhibitor Market Share (Value %) Analysis by Geography, 2016 vs. 2025
Figure 03: Global Corrosion Inhibitor Market Investment Proposition by Geography, 2017
Figure 04: North America Corrosion Inhibitor Market Investment Proposition by Country, 2017
Figure 05: Europe Corrosion Inhibitor Market Investment Proposition by Country, 2017
Figure 06: Asia Pacific Corrosion Inhibitor Market Investment Proposition by Country, 2017
Figure 07: Latin America Corrosion Inhibitor Market Investment Proposition by Country, 2017
Figure 08: Middle East & Africa Corrosion Inhibitor Market Investment Proposition by Country, 2017

List of Tables

Table 01: Global Corrosion Inhibitor Market Volume (Kilo Tons) & Forecast, by Geography, 2015-2025
Table 02: Global Corrosion Inhibitor Market Value (US$ Mn) & Forecast, by Geography, 2015-2025
Table 03: Global Corrosion Inhibitor Market Volume (Kilo Tons) & Forecast, by Product Type, 2015-2025
Table 04: Global Corrosion Inhibitor Market Value (US$ Mn) & Forecast, by Product Type, 2015-2025
Table 05: Global Corrosion Inhibitor Market Volume (Kilo Tons) & Forecast, by Application, 2015-2025
Table 06: Global Corrosion Inhibitor Market Value (US$ Mn) & Forecast, by Application, 2015-2025
Table 07: Global Corrosion Inhibitor Market Volume (Kilo Tons) & Forecast, by End Use Industry, 2015-2025
Table 08: Global Corrosion Inhibitor Market Value (US$ Mn) & Forecast, by End Use Industry, 2015-2025
Table 09: North America Corrosion Inhibitor Market Volume (Kilo Tons) & Forecast, by Country, 2015-2025
Table 10: North America Corrosion Inhibitor Market Value (US$ Mn) & Forecast, by Country, 2015-2025
Table 11: North America Corrosion Inhibitor Market Volume (Kilo Tons) & Forecast, by Product Type, 2015-2025
Table 12: North America Corrosion Inhibitor Market Value (US$ Mn) & Forecast, by Product Type, 2015-2025
Table 13: North America Corrosion Inhibitor Market Volume (Kilo Tons) & Forecast, by Application, 2015-2025
Table 14: North America Corrosion Inhibitor Market Value (US$ Mn) & Forecast, by Application, 2015-2025
Table 15: North America Corrosion Inhibitor Market Volume (Kilo Tons) & Forecast, by End Use Industry, 2015-2025
Table 16: North America Corrosion Inhibitor Market Value (US$ Mn) & Forecast, by End Use Industry, 2015-2025
Table 17: Europe Corrosion Inhibitor Market Volume (Kilo Tons) & Forecast, by Country, 2015-2025
Table 18: Europe Corrosion Inhibitor Market Value (US$ Mn) & Forecast, by Country, 2015-2025
Table 19: Europe Corrosion Inhibitor Market Volume (Kilo Tons) & Forecast, by Product Type, 2015-2025
Table 20: Europe Corrosion Inhibitor Market Value (US$ Mn) & Forecast, by Product Type, 2015-2025
Table 21: Europe Corrosion Inhibitor Market Volume (Kilo Tons) & Forecast, by Application, 2015-2025
Table 22: Europe Corrosion Inhibitor Market Value (US$ Mn) & Forecast, by Application, 2015-2025
Table 23: Europe Corrosion Inhibitor Market Volume (Kilo Tons) & Forecast, by End Use Industry, 2015-2025
Table 24: Europe Corrosion Inhibitor Market Value (US$ Mn) & Forecast, by End Use Industry, 2015-2025
Table 25: Asia Pacific Corrosion Inhibitor Market Volume (Kilo Tons) & Forecast, by Country, 2015-2025
Table 26: Asia Pacific Corrosion Inhibitor Market Value (US$ Mn) & Forecast, by Country, 2015-2025
Table 27: Asia Pacific Corrosion Inhibitor Market Volume (Kilo Tons) & Forecast, by Product Type, 2015-2025
Table 28: Asia Pacific Corrosion Inhibitor Market Value (US$ Mn) & Forecast, by Product Type, 2015-2025
Table 29: Asia Pacific Corrosion Inhibitor Market Volume (Kilo Tons) & Forecast, by Application, 2015-2025
Table 30: Asia Pacific Corrosion Inhibitor Market Value (US$ Mn) & Forecast, by Application, 2015-2025
Table 31: Asia Pacific Corrosion Inhibitor Market Volume (Kilo Tons) & Forecast, by End Use Industry, 2015-2025
Table 32: Asia Pacific Corrosion Inhibitor Market Value (US$ Mn) & Forecast, by End Use Industry, 2015-2025
Table 33: Latin America Corrosion Inhibitor Market Volume (Kilo Tons) & Forecast, by Country, 2015-2025
Table 34: Latin America Corrosion Inhibitor Market Value (US$ Mn) & Forecast, by Country, 2015-2025
Table 35: Latin America Corrosion Inhibitor Market Volume (Kilo Tons) & Forecast, by Product Type, 2015-2025
Table 36: Latin America Corrosion Inhibitor Market Value (US$ Mn) & Forecast, by Product Type, 2015-2025
Table 37: Latin America Corrosion Inhibitor Market Volume (Kilo Tons) & Forecast, by Application, 2015-2025
Table 38: Latin America Corrosion Inhibitor Market Value (US$ Mn) & Forecast, by Application, 2015-2025
Table 39: Latin America Corrosion Inhibitor Market Volume (Kilo Tons) & Forecast, by End Use Industry, 2015-2025
Table 40: Latin America Corrosion Inhibitor Market Value (US$ Mn) & Forecast, by End Use Industry, 2015-2025
Table 41: MEA Corrosion Inhibitor Market Volume (Kilo Tons) & Forecast, by Country, 2015-2025
Table 42: MEA Corrosion Inhibitor Market Value (US$ Mn) & Forecast, by Country, 2015-2025
Table 43: MEA Corrosion Inhibitor Market Volume (Kilo Tons) & Forecast, by Product Type, 2015-2025
Table 44: MEA Corrosion Inhibitor Market Value (US$ Mn) & Forecast, by Product Type, 2015-2025
Table 45: MEA Corrosion Inhibitor Market Volume (Kilo Tons) & Forecast, by Application, 2015-2025
Table 46: MEA Corrosion Inhibitor Market Value (US$ Mn) & Forecast, by Application, 2015-2025
Table 47: MEA Corrosion Inhibitor Market Volume (Kilo Tons) & Forecast, by End Use Industry, 2015-2025
Table 48: MEA Corrosion Inhibitor Market Value (US$ Mn) & Forecast, by End Use Industry, 2015-2025

Frequently Asked Question:

What is the size of Corrosion Inhibitor Market?

The market for Corrosion Inhibitor Market is expected to reach USD$ 9.1 Bn in 2025.

What is the Corrosion Inhibitor Market CAGR?

The Corrosion Inhibitor Market is expected to see significant CAGR growth over the coming years, at 4.2%.

What is the Forecast period considered for Corrosion Inhibitor Market?

The report is forecasted from 2017 -2025.

What is the base year considered for Corrosion Inhibitor Market?

The base year of this report is 2016.

Who are the major players in this market?

Arkema SA,Ashland Incorporated,BASF SE,Berkshire Hathaway Incorporated,Buckman Laboratories International Incorporated,Champion Technologies Inc. are some of the major players in the global market.

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