Market Forecast by Countries (South Africa, Nigeria, Kenya, Rest of Africa), By Product (Organic, Inorganic), By Type (Water Based, Oil Based), By End-use (Power Generation, Oil & Gas, Paper & Pulp, Metal Processing, Chemical Processing, Water Treatment, Others) And Competitive Landscape
Product Code: ETC077319 | Publication Date: Aug 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Africa Corrosion Inhibitor Marketย is projected to gain momentum in the coming years. Corrosion inhibitors are used for reducing corrosion in the metallic pipes of oil wells. The demand for corrosion inhibitors in Africa region is the oldest & fastest growing industry and registered its dominance in the oilfield chemical market. The rising demand for petroleum-based fuels is projected to spur the demand for the corrosion market in the coming years. The green corrosion inhibitor is to be witnessed the highest growth on account of eco-friendly and sustainable compounds. But market growth for corrosion inhibitors might fall on account of rising demand for the biofuel industry. In 2020, due to the outbreak of COVID-19, the demand for corrosion inhibitors reduced drastically. In 2021, the market for corrosion inhibitors is recovering slowly & there is a fair chance that it is likely to grow a significant amount in the coming years.
According to 6Wresearch, Africa Corrosion Inhibitor Market is anticipated to register significant growth during 2021-2027.New trends of Corrosion inhibitors in Africa to protect metal alloys from corrosion. Corrosion inhibitors include organic and inorganic that absorbs the metallic structure from aggressive media structure to stop the oxidation-reduction process. In addition, because of the increasing demand for corrosion inhibitors from the end-users, many key players are concentrating on using advanced technology, long-term agreement, mergers to generate higher revenue & dominate the market. For instance, the cortech corporation manufactures several strength-release components and coating, using their Migratory Corrosion Inhibitors.
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. Among these, the oil & gas segment is expected to lead the corrosion inhibitor market in the region. 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 and in significant cost reduction. The few key market players of corrosion inhibitors are Cortec, Dow, Ecolab, BASF, Baker Hughes, etc.ย Africa market is projected to continuously dominate the market due to increasing product demand from industries like construction, oil & gas.
Africa corrosion inhibitor Market report thoroughly covers the market by product, type, applications, and countries including South Africa, Kenya, Nigeria and the rest of Africa. Africa corrosion inhibitor Market outlook report provides an unbiased and detailed analysis of the ongoing Africa 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 Africa Corrosion Inhibitors Market Overview |
3.1 Africa Regional Macro Economic Indicators |
3.2 Africa Corrosion Inhibitors Market Revenues & Volume, 2020 & 2027F |
3.3 Africa Corrosion Inhibitors Market - Industry Life Cycle |
3.4 Africa Corrosion Inhibitors Market - Porter's Five Forces |
3.5 Africa Corrosion Inhibitors Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Africa Corrosion Inhibitors Market Revenues & Volume Share, By Product, 2020 & 2027F |
3.7 Africa Corrosion Inhibitors Market Revenues & Volume Share, By Type, 2020 & 2027F |
3.8 Africa Corrosion Inhibitors Market Revenues & Volume Share, By End-use, 2020 & 2027F |
4 Africa Corrosion Inhibitors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Africa Corrosion Inhibitors Market Trends |
6 Africa Corrosion Inhibitors Market, 2017 - 2027 |
6.1 Africa Corrosion Inhibitors Market, Revenues & Volume, By Product, 2017 - 2027 |
6.2 Africa Corrosion Inhibitors Market, Revenues & Volume, By Type, 2017 - 2027 |
6.3 Africa Corrosion Inhibitors Market, Revenues & Volume, By End-use, 2017 - 2027 |
7 South Africa Corrosion Inhibitors Market, 2017 - 2027 |
7.1 South Africa Corrosion Inhibitors Market, Revenues & Volume, By Product, 2017 - 2027 |
7.2 South Africa Corrosion Inhibitors Market, Revenues & Volume, By Type, 2017 - 2027 |
7.3 South Africa Corrosion Inhibitors Market, Revenues & Volume, By End-use, 2017 - 2027 |
8 Nigeria Corrosion Inhibitors Market, 2017 - 2027 |
8.1 Nigeria Corrosion Inhibitors Market, Revenues & Volume, By Product, 2017 - 2027 |
8.2 Nigeria Corrosion Inhibitors Market, Revenues & Volume, By Type, 2017 - 2027 |
8.3 Nigeria Corrosion Inhibitors Market, Revenues & Volume, By End-use, 2017 - 2027 |
9 Kenya Corrosion Inhibitors Market, 2017 - 2027 |
9.1 Kenya Corrosion Inhibitors Market, Revenues & Volume, By Product, 2017 - 2027 |
9.2 Kenya Corrosion Inhibitors Market, Revenues & Volume, By Type, 2017 - 2027 |
9.3 Kenya Corrosion Inhibitors Market, Revenues & Volume, By End-use, 2017 - 2027 |
10 Rest of Africa Corrosion Inhibitors Market, 2017 - 2027 |
10.1 Rest of Africa Corrosion Inhibitors Market, Revenues & Volume, By Product, 2017 - 2027 |
10.2 Rest of Africa Corrosion Inhibitors Market, Revenues & Volume, By Type, 2017 - 2027 |
10.3 Rest of Africa Corrosion Inhibitors Market, Revenues & Volume, By End-use, 2017 - 2027 |
11 Africa Corrosion Inhibitors Market Key Performance Indicators |
12 Africa Corrosion Inhibitors Market - Opportunity Assessment |
12.1 Africa Corrosion Inhibitors Market Opportunity Assessment, By Countries, 2020 & 2027F |
12.2 Africa Corrosion Inhibitors Market Opportunity Assessment, By Product, 2020 & 2027F |
12.3 Africa Corrosion Inhibitors Market Opportunity Assessment, By Type, 2020 & 2027F |
12.4 Africa Corrosion Inhibitors Market Opportunity Assessment, By End-use, 2020 & 2027F |
13 Africa Corrosion Inhibitors Market - Competitive Landscape |
13.1 Africa Corrosion Inhibitors Market Revenue Share, By Companies, 2020 |
13.2 Africa Corrosion Inhibitors Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |