Market Forecast by Countries (Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain and Turkey), 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: ETC080451 | Publication Date: Aug 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Middle East Corrosion Inhibitor Marketย is projected to gain momentum in the coming years. The growing shift towards improvement of environment-friendly corrosion inhibitors is expected to lead the market toward sustainable development and spur the acceptance of corrosion inhibitors among sustainable end users which is further likely to surge the corrosion inhibitor market growth in the region. The green corrosion inhibitor is to be witnessed the highest growth on account of eco-friendly and sustainable compounds. 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 in the construction, the automotive industry has been weakened. In 2021, The market is slowly recovering and expected to grow in the future as well.
According to 6Wresearch, Middle East Corrosion Inhibitor Market is anticipated to register significant growth during 2021-2027. The growing demand for corrosion inhibitors is expected to lead to mergers & acquisitions between market players to expand their market territory. The rising government investments in commercial and residential project sectors are expected to spur significant growth in Middle East. Moreover, the increasing demand for corrosion inhibitors as essential materials for raw materials is expected to complement the growth of this sector. Additionally, Operating throughout Middle East Cortec Middle East taps into the expertise of a team of highly qualified engineers and a wide portfolio of developed solutions. 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 will boost the overall growth globally.
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. The power-generation sector experiences rapid growth in power demand owing 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. The increase in the government initiative with foreign investment in the automotive, construction, and power generation sector is further estimated to propel the demand in Middle East.
Middle East corrosion inhibitor Market report thoroughly covers the market by product, type, applications, and countries including UAE, Saudi Arabia, Qatar, Kuwait, Oman and the rest of Middle East. Middle East corrosion inhibitor Market outlook report provides an unbiased and detailed analysis of the ongoing Middle East 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 Middle East Corrosion Inhibitors Market Overview |
3.1 Middle East Regional Macro Economic Indicators |
3.2 Middle East Corrosion Inhibitors Market Revenues & Volume, 2020 & 2027F |
3.3 Middle East Corrosion Inhibitors Market - Industry Life Cycle |
3.4 Middle East Corrosion Inhibitors Market - Porter's Five Forces |
3.5 Middle East Corrosion Inhibitors Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Middle East Corrosion Inhibitors Market Revenues & Volume Share, By Product, 2020 & 2027F |
3.7 Middle East Corrosion Inhibitors Market Revenues & Volume Share, By Type, 2020 & 2027F |
3.8 Middle East Corrosion Inhibitors Market Revenues & Volume Share, By End-use, 2020 & 2027F |
4 Middle East Corrosion Inhibitors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Middle East Corrosion Inhibitors Market Trends |
6 Saudi Arabia Corrosion Inhibitors Market, 2017 - 2027 |
6.1.1 Saudi Arabia Corrosion Inhibitors Market, Revenues & Volume, By Product, 2017 - 2027 |
6.1.2 Saudi Arabia Corrosion Inhibitors Market, Revenues & Volume, By Type, 2017 - 2027 |
6.1.3 Saudi Arabia Corrosion Inhibitors Market, Revenues & Volume, By End-use, 2017 - 2027 |
7 UAE Corrosion Inhibitors Market, 2017 - 2027 |
7.1 UAE Corrosion Inhibitors Market, Revenues & Volume, By Product, 2017 - 2027 |
7.2 UAE Corrosion Inhibitors Market, Revenues & Volume, By Type, 2017 - 2027 |
7.3 UAE Corrosion Inhibitors Market, Revenues & Volume, By End-use, 2017 - 2027 |
8 Qatar Corrosion Inhibitors Market, 2017 - 2027 |
8.1 Qatar Corrosion Inhibitors Market, Revenues & Volume, By Product, 2017 - 2027 |
8.2 Qatar Corrosion Inhibitors Market, Revenues & Volume, By Type, 2017 - 2027 |
8.3 Qatar Corrosion Inhibitors Market, Revenues & Volume, By End-use, 2017 - 2027 |
9 Kuwait Corrosion Inhibitors Market, 2017 - 2027 |
9.1 Kuwait Corrosion Inhibitors Market, Revenues & Volume, By Product, 2017 - 2027 |
9.2 Kuwait Corrosion Inhibitors Market, Revenues & Volume, By Type, 2017 - 2027 |
9.3 Kuwait Corrosion Inhibitors Market, Revenues & Volume, By End-use, 2017 - 2027 |
10 Oman Corrosion Inhibitors Market, 2017 - 2027 |
10.1 Oman Corrosion Inhibitors Market, Revenues & Volume, By Product, 2017 - 2027 |
10.2 Oman Corrosion Inhibitors Market, Revenues & Volume, By Type, 2017 - 2027 |
10.3 Oman Corrosion Inhibitors Market, Revenues & Volume, By End-use, 2017 - 2027 |
11 Bahrain Corrosion Inhibitors Market, 2017 - 2027 |
11.1 Bahrain Corrosion Inhibitors Market, Revenues & Volume, By Product, 2017 - 2027 |
11.2 Bahrain Corrosion Inhibitors Market, Revenues & Volume, By Type, 2017 - 2027 |
11.3 Bahrain Corrosion Inhibitors Market, Revenues & Volume, By End-use, 2017 - 2027 |
12 Turkey Corrosion Inhibitors Market, 2017 - 2027 |
12.1 Turkey Corrosion Inhibitors Market, Revenues & Volume, By Product, 2017 - 2027 |
12.2 Turkey Corrosion Inhibitors Market, Revenues & Volume, By Type, 2017 - 2027 |
12.3 Turkey Corrosion Inhibitors Market, Revenues & Volume, By End-use, 2017 - 2027 |
13 Rest of Middle East Corrosion Inhibitors Market, 2017 - 2027 |
13.1 Rest of Middle East Corrosion Inhibitors Market, Revenues & Volume, By Product, 2017 - 2027 |
13.2 Rest of Middle East Corrosion Inhibitors Market, Revenues & Volume, By Type, 2017 - 2027 |
13.3 Rest of Middle East Corrosion Inhibitors Market, Revenues & Volume, By End-use, 2017 - 2027 |
14 Middle East Corrosion Inhibitors Market Key Performance Indicators |
15 Middle East Corrosion Inhibitors Market - Opportunity Assessment |
15.1 Middle East Corrosion Inhibitors Market Opportunity Assessment, By Countries, 2020 & 2027F |
15.2 Middle East Corrosion Inhibitors Market Opportunity Assessment, By Product, 2020 & 2027F |
15.3 Middle East Corrosion Inhibitors Market Opportunity Assessment, By Type, 2020 & 2027F |
15.4 Middle East Corrosion Inhibitors Market Opportunity Assessment, By End-use, 2020 & 2027F |
16 Middle East Corrosion Inhibitors Market - Competitive Landscape |
16.1 Middle East Corrosion Inhibitors Market Revenue Share, By Companies, 2020 |
16.2 Middle East Corrosion Inhibitors Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |