Market Forecast by Types (Liquid and Powder), by Applications (Pharmaceutical, Food & Beverage and others), By Key Regions (North America, Latin America, Europe, Middle East, Africa, Asia Pacific) and Competitive Landscape
Product Code: ETC093235 | Publication Date: Sep 2021 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 |
Global Corrosion Inhibitor Marketย is projected to witness growth over the coming years. The increasing growth of the construction industry is an important factor to spur the company's growth over the estimated predicted time. Increasing demand for the product as the key element for water treatment chemicals is expected to boost the overall growth globally. Moreover, the corrosion inhibitor is a chemical substance when added in small constraints to an environment that minimizes the corrosion.
According to 6Wresearch, Global Corrosion Inhibitor Market is anticipated to register significant growth during 2021-2027. Based on region, the Asia Pacific was the dominant market player in 2019, but within a few years, we expect to see significant growth in India & China on account of the rising government investments in commercial and residential project sectors. In terms of revenue generation, Europe is 2nd highest as of 2020. The growing demand for corrosion inhibitors may lead to mergers & acquisitions between market players to expand their market territory. Additionally, North America has witnessed substantial growth in the corrosion inhibitor market and is expected to grow in the future due to the increasing demand for the product in the region and especially in the United States. Though the cost of corrosion inhibitors is increasing, a few of the govt regulations by the U.S. government subjected to the toxicity of corrosion inhibitors have registered a huge impact globally. However, the harmful adverse effect & strict govt regulations posed a challenge for business growth. In 2020, due to the outbreak of COVID-19, the demand for corrosion inhibitors decreases drastically. In 2021, The market for corrosion inhibitors is recovering slowly & there is a fair chance that it is expected to grow a significant amount in the coming years.
Based on the end-use, the corrosion inhibitor market is segmented into power generation, oil & gas, paper & pulp, metal processing, chemical processing, water treatment, and others. In recent years, the equipment used in the oil & gas industry is generally accounted for corrosive agents. These results in alteration of durability, hardness, electricity. These results in significant cost reduction. Moreover, the power-generation sector experiences rapid growth in power demand due to industrialization and urbanization. The generation, transmission, and distribution depend on the valve, pump, turbine that gives exposure to moisture and other environmental agents. The pulp and paper sectors are shifted their focus on the open water system to reduce the consumption of water. This industry is estimated to grow due to the significant demand of the printing and packaging industry. The few key market players of corrosion inhibitors are Cortec, Dow, Ecolab, BASF, Baker Hughes, etc.ย
Global corrosion inhibitor Market report thoroughly covers the market by product, type, applications, and regions including the Asia Pacific, Latin America, North America, Europe, the Middle East and Africa and key countries. Global corrosion inhibitor Market outlook report provides an unbiased and detailed analysis of the ongoing Global corrosion inhibitor market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Markets Covered
The market report covers the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Key Highlights of the Report |
2.2. Report Description |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Global Corrosion Inhibitors Market Overview |
3.1. Global Country Macro Economic Indicators |
3.2. Global Corrosion Inhibitors Market Revenues, 2020 & 2027F |
3.3. Global Corrosion Inhibitors Market - Industry Life Cycle |
3.4. Global Corrosion Inhibitors Market - Porter's Five Forces |
3.5. Global Corrosion Inhibitors Market Revenues Share, By Product, 2020 & 2027F |
3.6. Global Corrosion Inhibitors Market Revenues Share, By Type, 2020 & 2027F |
3.7. Global Corrosion Inhibitors Market Revenues Share, By End Use, 2020 & 2027F |
3.8. Global Corrosion Inhibitors Market Revenues Share, By Regions, 2020 & 2027F |
4. Global Corrosion Inhibitors Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Global Corrosion Inhibitors Market Trends |
6. Global Corrosion Inhibitors Market, By Types |
6.1. Global Corrosion Inhibitors Market, By Product |
6.1.1. Overview and Analysis |
6.1.2. Global Corrosion Inhibitors Market Revenues, By Organic, 2017 - 2027F |
6.1.3. Global Corrosion Inhibitors Market Revenues, By Inorganic, 2017 - 2027F |
6.2. Global Corrosion Inhibitors Market, By Types |
6.2.1. Overview and Analysis |
6.2.2. Global Corrosion Inhibitors Market Revenues, By Water Based, 2017 - 2027F |
6.2.3. Global Corrosion Inhibitors Market Revenues, By Oil Based, 2017 - 2027F |
6.3. Global Corrosion Inhibitors Market, By End Use |
6.3.1. Overview and Analysis |
6.3.2. Global Corrosion Inhibitors Market Revenues, By Oil & Gas, 2017 - 2027F |
6.3.3. Global Corrosion Inhibitors Market Revenues, By Power Generation, 2017 - 2027F |
6.3.4. Global Corrosion Inhibitors Market Revenues, By Paper & Pulp, 2017 - 2027F |
6.3.5. Global Corrosion Inhibitors Market Revenues, By Metal Processing, 2017 - 2027F |
6.3.6. Global Corrosion Inhibitors Market Revenues, By Chemical Processing, 2017 - 2027F |
6.3.7. Global Corrosion Inhibitors Market Revenues, By Water Treatment, 2017 - 2027F |
6.3.8. Global Corrosion Inhibitors Market Revenues, By Others, 2017 - 2027F |
7. North America Corrosion Inhibitors Market |
7.1. North America Corrosion Inhibitors Market, By Product |
7.2. North America Corrosion Inhibitors Market, By Types |
7.3. North America Corrosion Inhibitors Market, By End Use |
7.4. North America Corrosion Inhibitors Market, By Countries |
8. Latin America Corrosion Inhibitors Market |
8.1. Latin America Corrosion Inhibitors Market, By Product |
8.2. Latin America Corrosion Inhibitors Market, By Types |
8.3. Latin America Corrosion Inhibitors Market, By End Use |
8.4. Latin America Corrosion Inhibitors Market, By Countries |
9. Europe Corrosion Inhibitors Market |
9.1. Europe Corrosion Inhibitors Market, By Product |
9.2. Europe Corrosion Inhibitors Market, By Types |
9.3. Europe Corrosion Inhibitors Market, By End Use |
9.4. Europe Corrosion Inhibitors Market, By Countries |
10. Middle East Corrosion Inhibitors Market |
10.1. Middle East Corrosion Inhibitors Market, By Product |
10.2. Middle East Corrosion Inhibitors Market, By Types |
10.3. Middle East Corrosion Inhibitors Market, By End Use |
10.4. Middle East Corrosion Inhibitors Market, By Countries |
11. Africa Corrosion Inhibitors Market |
11.1. Africa Corrosion Inhibitors Market, By Product |
11.2. Africa Corrosion Inhibitors Market, By Types |
11.3. Africa Corrosion Inhibitors Market, By End Use |
11.4. Africa Corrosion Inhibitors Market, By Countries |
12. Asia Pacific Corrosion Inhibitors Market |
12.1. Asia Pacific Corrosion Inhibitors Market, By Product |
12.2. Asia Pacific Corrosion Inhibitors Market, By Types |
12.3. Asia Pacific Corrosion Inhibitors Market, By End Use |
12.4. Asia Pacific Corrosion Inhibitors Market, By Countries |
13. Global Corrosion Inhibitors Market Import-Export Trade Statistics |
13.1. Global Corrosion Inhibitors Market Export to Major Countries |
13.2. Global Corrosion Inhibitors Market Imports from Major Countries |
14. Global Corrosion Inhibitors Market Key Performance Indicators |
15. Global Corrosion Inhibitors Market - Opportunity Assessment |
15.1. Global Corrosion Inhibitors Market Opportunity Assessment, By Types, 2020 & 2027F |
15.2. Global Corrosion Inhibitors Market Opportunity Assessment, By Applications, 2020 & 2027F |
16. Global Corrosion Inhibitors Market - Competitive Landscape |
16.1. Global Corrosion Inhibitors Market Revenue Share, By Companies, 2020 |
16.2. Global Corrosion Inhibitors Market Competitive Benchmarking, By Operating and Technical Parameters |
17. Company Profiles |
18. Recommendations |
19. Disclaimer |