Market Forecast by Countries (China, India, Japan, Australia, Indonesia, Philippines, Thailand, Malaysia, Rest of Asia), 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: ETC076274 | Publication Date: Aug 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Asia Pacific Corrosion Inhibitor Marketย is expected to witness robust growth over the upcoming years. Corrosion inhibitors are used for reducing corrosion in the metallic pipes of oil wells. The demand for corrosion inhibitors in Asia-Pacific 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. Few new horizons have opened due to deep-water drilling operations, which is estimated to be an opportunity for market growth soon.
According to 6Wresearch, Asia Pacific (APAC) Corrosion Inhibitor Market is anticipated to register significant growth during 2021-2027.ย The green corrosion inhibitor is to be witnessed the highest growth on account of Eco-friendly and sustainable compounds. However, the market growth for corrosion inhibitors is expected to hamper 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 will grow a significant amount in the coming years. Furthermore, due to rapid industrialization, the demand for corrosion inhibitors has triggered Asia Pacific market. 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 example, 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 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 also in significant cost reduction. Further, 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. Besides, the application of corrosion inhibitors includes drilling and cementing, well-stimulation, workover completion, etc. The few key market players of corrosion inhibitors are Cortec, Dow, Ecolab, BASF, Baker Hughes, etc.ย Asia Pacific market is projected to continuously dominate the market due to increasing product demand from industries like construction, oil & gas.
Asia Pacific corrosion inhibitor Market report thoroughly covers the market by product, type, applications, and countries including India, China, Japan, Indonesia, Australia, Thailand and the rest of Asia Pacific. Asia Pacific corrosion inhibitor Market outlook report provides an unbiased and detailed analysis of the ongoing Asia Pacific 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 Asia Pacific Corrosion Inhibitors Market Overview |
3.1 Asia Pacific Regional Macro Economic Indicators |
3.2 Asia Pacific Corrosion Inhibitors Market Revenues & Volume, 2020 & 2027F |
3.3 Asia Pacific Corrosion Inhibitors Market - Industry Life Cycle |
3.4 Asia Pacific Corrosion Inhibitors Market - Porter's Five Forces |
3.5 Asia Pacific Corrosion Inhibitors Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Asia Pacific Corrosion Inhibitors Market Revenues & Volume Share, By Product, 2020 & 2027F |
3.7 Asia Pacific Corrosion Inhibitors Market Revenues & Volume Share, By Type, 2020 & 2027F |
3.8 Asia Pacific Corrosion Inhibitors Market Revenues & Volume Share, By End-use, 2020 & 2027F |
4 Asia Pacific Corrosion Inhibitors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Asia Pacific Corrosion Inhibitors Market Trends |
6 Asia Pacific Corrosion Inhibitors Market, 2017 - 2027 |
6.1 Asia Pacific Corrosion Inhibitors Market, Revenues & Volume, By Product, 2017 - 2027 |
6.2 Asia Pacific Corrosion Inhibitors Market, Revenues & Volume, By Type, 2017 - 2027 |
6.3 Asia Pacific Corrosion Inhibitors Market, Revenues & Volume, By End-use, 2017 - 2027 |
7 China Corrosion Inhibitors Market, 2017 - 2027 |
7.1 China Corrosion Inhibitors Market, Revenues & Volume, By Product, 2017 - 2027 |
7.2 China Corrosion Inhibitors Market, Revenues & Volume, By Type, 2017 - 2027 |
7.3 China Corrosion Inhibitors Market, Revenues & Volume, By End-use, 2017 - 2027 |
8 India Corrosion Inhibitors Market, 2017 - 2027 |
8.1 India Corrosion Inhibitors Market, Revenues & Volume, By Product, 2017 - 2027 |
8.2 India Corrosion Inhibitors Market, Revenues & Volume, By Type, 2017 - 2027 |
8.3 India Corrosion Inhibitors Market, Revenues & Volume, By End-use, 2017 - 2027 |
9 Japan Corrosion Inhibitors Market, 2017 - 2027 |
9.1 Japan Corrosion Inhibitors Market, Revenues & Volume, By Product, 2017 - 2027 |
9.2 Japan Corrosion Inhibitors Market, Revenues & Volume, By Type, 2017 - 2027 |
9.3 Japan Corrosion Inhibitors Market, Revenues & Volume, By End-use, 2017 - 2027 |
10 Australia Corrosion Inhibitors Market, 2017 - 2027 |
10.1 Australia Corrosion Inhibitors Market, Revenues & Volume, By Product, 2017 - 2027 |
10.2 Australia Corrosion Inhibitors Market, Revenues & Volume, By Type, 2017 - 2027 |
10.3 Australia Corrosion Inhibitors Market, Revenues & Volume, By End-use, 2017 - 2027 |
11 Indonesia Corrosion Inhibitors Market, 2017 - 2027 |
11.1 Indonesia Corrosion Inhibitors Market, Revenues & Volume, By Product, 2017 - 2027 |
11.2 Indonesia Corrosion Inhibitors Market, Revenues & Volume, By Type, 2017 - 2027 |
11.3 Indonesia Corrosion Inhibitors Market, Revenues & Volume, By End-use, 2017 - 2027 |
12 Philippines Corrosion Inhibitors Market, 2017 - 2027 |
12.1 Philippines Corrosion Inhibitors Market, Revenues & Volume, By Product, 2017 - 2027 |
12.2 Philippines Corrosion Inhibitors Market, Revenues & Volume, By Type, 2017 - 2027 |
12.3 Philippines Corrosion Inhibitors Market, Revenues & Volume, By End-use, 2017 - 2027 |
13 Malaysia Corrosion Inhibitors Market, 2017 - 2027 |
13.1 Malaysia Corrosion Inhibitors Market, Revenues & Volume, By Product, 2017 - 2027 |
13.2 Malaysia Corrosion Inhibitors Market, Revenues & Volume, By Type, 2017 - 2027 |
13.3 Malaysia Corrosion Inhibitors Market, Revenues & Volume, By End-use, 2017 - 2027 |
14 Rest of Asia Corrosion Inhibitors Market, 2017 - 2027 |
14.1 Rest of Asia Corrosion Inhibitors Market, Revenues & Volume, By Product, 2017 - 2027 |
14.2 Rest of Asia Corrosion Inhibitors Market, Revenues & Volume, By Type, 2017 - 2027 |
14.3 Rest of Asia Corrosion Inhibitors Market, Revenues & Volume, By End-use, 2017 - 2027 |
11 Asia Pacific Corrosion Inhibitors Market Key Performance Indicators |
12 Asia Pacific Corrosion Inhibitors Market - Opportunity Assessment |
12.1 Asia Pacific Corrosion Inhibitors Market Opportunity Assessment, By Countries, 2020 & 2027F |
12.2 Asia Pacific Corrosion Inhibitors Market Opportunity Assessment, By Product, 2020 & 2027F |
12.3 Asia Pacific Corrosion Inhibitors Market Opportunity Assessment, By Type, 2020 & 2027F |
12.4 Asia Pacific Corrosion Inhibitors Market Opportunity Assessment, By End-use, 2020 & 2027F |
13 Asia Pacific Corrosion Inhibitors Market - Competitive Landscape |
13.1 Asia Pacific Corrosion Inhibitors Market Revenue Share, By Companies, 2020 |
13.2 Asia Pacific Corrosion Inhibitors Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |