Press release
Global Oil and Gas Corrosion Protection Market to grow at a CAGR of 4.24% during the period 2017-2021
The main objective of this report is to define, describe, and forecast the global "Oil and Gas Corrosion Protection" market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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About Oil and Gas Corrosion Protection
Corrosion is a process of dissolution of metals due to the chemical reaction of metals with their environment. Some metals corrode faster than others. The corrosion that occurs in offshore oil and gas production is a critical issue as compared to onshore exploration and production. In offshore exploration, the corrosion is mainly initiated by the presence of oxygen and is worsened by the presence of chloride, as seawater is an excellent conductor. The oil and gas industry is a high risk and capital-intensive market. The assets of onshore and offshore exploration and production range from wells and drilling rigs to risers and pipelines.
Technavios analysts forecast the global oil and gas corrosion protection market to grow at a CAGR of 4.24% during the period 2017-2021 .
Covered in this report
The report covers the present scenario and the growth prospects of the global oil and gas corrosion protection market for 2017-2021 . To calculate the market size, the report considers the revenues generated from various sectors such as downstream, midstream, and downstream.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Oil and Gas Corrosion Protection Market 2017-2021 , has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
3M
Akzo Nobel
BASF
Hempel
The Sherwin-Williams Company
Other prominent vendors
Aegion
Ashland
Axalta Coating Systems
Belzona International
Chase
Impreglon
Jotun
KANSAI PAINT
Metal Coatings
RPM
Market driver
Oil and gas exploration and production activities
For a full, detailed list, view our report
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Market challenge
Volatility in crude oil prices
For a full, detailed list, view our report
Market trend
Advancement in technology for corrosion detection
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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