Excellent growth of Organic Corrosion Inhibitors Market- Comprehensive study by key players: Ecolab, GE Water, Solenis, Afton Chemical, AkzoNobel, Baker Hughes, Angus Chemical Company & More…
Corrosion processes are responsible for numerous losses mainly in the industrial scope. It is clear that the best way to combat it is prevention. Among the various methods to avoid or prevent destruction or degradation of metal surface, the corrosion inhibitor is one of the best know methods of corrosion protection and one of the most useful on the industry. According to the chemical nature, the corrosion inhibitors can be divided into organic or inorganic. The market concentrate is not high. The global Organic Corrosion Inhibitors market was 3450 million US$ in 2018 and is expected to 4220 million US$ by the end of 2025, growing at a CAGR of 2.6% between 2019 and 2025. The main manufactures include Ecolab, GE Water, Solenis, Afton Chemical, AkzoNobel, Baker Hughes, Angus Chemical Company, BASF and so on. Ecolab owns the biggest market share, in 2016 the supply volume was 123.70 MT, taking 10.35% of the global consumption volume.
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Organic corrosion inhibitors mainly include amines, phosphonates, benzotriazole and other. Organic corrosion inhibitors are widely used in water treatment, metal treatment and other fields to inhibit corrosion. Corrosion processes are responsible for numerous losses mainly in the industrial scope. It is clear that the best way to combat it is prevention. The corrosion inhibitor is one of the best know methods of corrosion protection and one of the most useful on the industry. Organic corrosion inhibitor is a kind of important type in corrosion inhibitors. According to the different of functional groups, it can be divided into amines, phosphonates, benzotriazole and other. Amines are the most important organic corrosion inhibitor, taking 44.44% of the global production in 2016. Organic corrosion inhibitor have many applications such as Power Generation, Oil & Gas and Refinery, Pulp & Paper, Metal & Mining and Chemical Processing. Power Generation takes 27.15% of the global organic corrosion inhibitor consumption in 2016 which is the biggest share.
Market Segment by Top Manufacturers, this report covers: Ecolab, GE Water, Solenis, Afton Chemical, AkzoNobel, Baker Hughes, Angus Chemical Company, BASF, Cortec Corporation, ChemTreat, Lubrizol, Clariant, Schlumberger, ICL Advanced Additives, Halliburton, LANXESS, Arkema, Lonza, King Industries, Daubert Chemical, Henan Qingshuiyuan, Shandong Taihe Water Treatment, Kurita & More…
Organic Corrosion Inhibitors Market Segment by Type covers: Amines, Phosphonates, Benzotriazole, Other.
Organic Corrosion Inhibitors Market Segment by Application covers: Power Generation, Oil & Gas and Refinery, Pulp & Paper, Metal & Mining, Chemical Processing, Other.
With this Organic Corrosion Inhibitors market report, all the participants and the vendors will be in aware of the growth factors, shortcomings, threats, and the lucrative opportunities that the market will offer in the near future. The report also features the revenue; industry size, share, production volume, and consumption in order to gain insights about the politics and tussle of gaining control of a huge chunk of the market share.
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The report has been collated on the basis of synthesis, analysis, and interpretation of data accumulated with regards to the parent market from various resources. The data and information in this report has been collected by using primary and secondary research methodologies, in order to provide a holistic view of the Organic Corrosion Inhibitors market. Additionally, an in-house study has been made of the global economic conditions and other economic indicators and factors to evaluate their respective impact on the market, along with the present impact, so as to make strategic and informed forecasts about the scenarios in the market.
Most of the players operating in this Organic Corrosion Inhibitors market are making efforts to grow their market footprint, by focusing on product diversification and development, subsequently making them acquire a larger share of the market. Development in different countries to drive growth and increase product sales is also considered as one of the major strategies undertaken by the key players operating in the global Organic Corrosion Inhibitors market. This is primarily because of the untapped potentials present in the developing nations, in terms of product pricing and revenue generation.
The Objective of the Study:
To study and forecast the market size of Organic Corrosion Inhibitors in Global market.
To analyze the Global key players, SWOT analysis, value and Global Organic Corrosion Inhibitors market share for top players.
To identify significant trends and factors driving or constraining the growth of the market.
To analyze competitive developments such as extensions, contracts, new product launches, mergers, and acquisitions in the market
To strategically analyze each sub-market in regards to the individual growth trends and their influence in the Organic Corrosion Inhibitors market.
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