Press release
Global Corrosion Inhibitor Market Size, Growth Analysis Report, Forecast to 2027
The global corrosion inhibitor market is projected to grow at a significant CAGR during the forecast period. The major factors that are augmenting the growth of the market include the growing industrialization across the globe which ensures rising investments in the power sector. Furthermore, the rising trend of the use of non-toxic corrosion inhibitors is also estimated to be the major factors that are contributing significantly to the growth of the market.However, there are certain factors that are negatively affecting the growth of the market. For instance, stringent government policies to avoid toxic materials that degrade the environment are imposed that are hindering the growth of the global corrosion inhibitor market across the globe.
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The market is segmented on the basis of application, product, and end-user. By application, the market is bifurcated into oil/solvent-based corrosion inhibitors and water-based corrosion inhibitors. Further, based on the product segment, the market is segmented into organic corrosion inhibitors and inorganic corrosion inhibitors. In addition to this, based on the end-user segment, the market is segmented into oil & gas corrosion inhibitors, metal processing corrosion inhibitors, power generation, chemical processing corrosion inhibitors, and other corrosion inhibitors.
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The global Corrosion Inhibitor market is analyzed on the basis of the geographical regions that are contributing significantly to the growth of the market. On the basis of geography, the market is bifurcated into North America, Europe, Asia Pacific, and the Rest of the World. North America is estimated to be a prominent region in the global corrosion inhibitor market. Strong growth in the oil & chemical industries is one of the major factors driving the regional growth of the market. Further, Asia-Pacific is estimated to be the fastest-growing region during the forecast period.
Global Corrosion Inhibitor Market – Segmentation
by Type
Oil/Solvent Based Corrosion Inhibitor
Water Based Corrosion Inhibitor
by Product
Organic Corrosion Inhibitor
Inorganic Corrosion Inhibitor
by End-User
Oil & Gas Inhibitor
Metal Processing Corrosion Inhibitor
Power Generation
Chemical Processing Corrosion Inhibitor
Other Corrosion Inhibitor
Global Corrosion Inhibitor Market – Segmentation by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Company Profiles
AGI Industries
Air Products and Chemicals Inc.
Akzo Nobel NV
Akzo Nobel NV
Ashland Inc.
BASF SE
Chemtex Speciality Ltd.
Corrosion Technologies
Cortec Corp.
Cytec Industries Inc.
Daubert Cromwell LLC
Eastman Chemical Co.
Ecolab Inc.
Halliburton
Henkel Ag & Co.
Imperial Oilfield Chemicals Pvt. Ltd.
Kemira
Kurita Water Industries Ltd
LonzaGroup AG
Lubrizol Corp.
Manhar Specialities
Maxwell Corp.
Non Metal Coating Group
RustxUSA
Schlumberger Ltd.
Solvay SA
Suez Water Technologies and Solutions
The Dow Chemical Co.
Universal Oil Field
Wego Chemical Group
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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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