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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

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

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

Based on product type, the global corrosion inhibitor market is segmented as organic and inorganic corrosion inhibitor. By application, the global corrosion inhibitor market is segmented into water based and oil based. On the basis of 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 corrosion inhibitor market. Market size (Kilo Tons) (US$ Mn) and forecast for all the considered segmentation is 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 for five major regions namely, North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Market size and forecast for each regional and country-level market are included in the report for the considered periods. To further elucidate, the geographical distribution of the global corrosion inhibitor market is performed as follows:

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • GCC
    • Rest of MEA

Along with the quantitative information sets, this report also provides qualitative information such as market dynamics and executive summary for the global corrosion inhibitor market. Tools such as competition assessment and attractive investment proposition are also included in the report to provide the readers with competitive mapping assistance. This study concludes with company profiles section. This section includes major information about the key companies engaged in development, and provision of corrosion inhibitor.

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

  • Water-based
  • Oil-based

Corrosion Inhibitor Market

On the basis of application, the global corrosion inhibitor market can be segmented into water based application and oil based application. In 2016, water based applications was observed to be the largest application segment and is projected to maintain its dominance during the forecast period. Increasing demand for water based corrosion inhibitor from end use industries including construction, power generation, oil & gas and mining are anticipated to spur the growth of the segment over the forecast period. Oil based application is anticipated to witness high growth during the forecast period owing to growing demand for oil based corrosion inhibitor for protective coating is projected to augment the growth of segment.

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

  • Power Generation
  • Oil & Gas
  • Pulp & Paper
  • Metal Processing
  • Chemical Processing
  • Others

Corrosion Inhibitor Market

On the basis of 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, power generation segment accounted for the largest share in 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 rising population is anticipated to propel need of the power plants to operate longer hours which in turn is anticipated to spur the demand for corrosion inhibitors. Further, rising investment renewable energy is also anticipated to augment the demand for corrosion inhibitors during the forecast period. Increased produced water generation with rising exploration of conventional and non-conventional oil & gas reserves are anticipated to upsurge the growth of oil & gas application segment over the forecast period (2017-2025).

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

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

Corrosion Inhibitor Market

On the basis of geography, global corrosion inhibitor market can be segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In 2016, Asia Pacific accounted for the largest share in global corrosion inhibitor market and also projected to witness robust growth during the forecast period. Rapid industrial and infrastructure development in the region especially in China and India fueling the growth of construction industry which in turn is propelling the demand for construction materials such as steel bars and other metal components which subsequently increasing the demand for water treatment and metal treatment. Thus, corrosion inhibitor market is projected to witness significant growth in consumption of corrosion inhibitors in Asia Pacific during the forecast period. North America is projected to be the second largest market in global corrosion inhibitors market. Increasing produced water generation with growing production of shale gas reserves along with strong manufacturing base is anticipated to propel the demand for corrosion inhibitor market in the region during the forecast period (2017-2025).

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Executive Summary - Brief Global Market Size - Current & Forecast
Regional Market Size - North America
Country Market Size - US
Company Profile – 1
Trusted By
Godaddy
Published Date:  May 2017
Category:  Chemicals
Report ID:   58482
Report Format:   PDF
Pages:   120
Rating:    4.1 (40)
Delivery Time: 24 Hours to 48 Hours   
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