Corrosion Inhibitor Market
Corrosion Inhibitor Market Size, Share & Trends Analysis Report By Type (Water-Based and Oil-Based), By Product (Organic and Inorganic), By End-User (Oil & Gas, Metal Processing, Power Generation, Chemical Processing, and Others), Forecast 2020-2026 Update Available - Forecast 2024-2030
The global corrosion inhibitor market is projected to grow at a significant CAGR during the forecast period. The major factors that are augmenting the growth of the market include the growing industrialization across the globe which ensures rising investments in the power sector. Furthermore, the rising trend of the use of non-toxic corrosion inhibitors is also estimated to be the major factors that are contributing significantly to the growth of the market.
However, there are certain factors that are negatively affecting the growth of the market. For instance, stringent government policies to avoid toxic materials that degrade the environment are imposed that are hindering the growth of the global corrosion inhibitor market across the globe.
Segmental Outlook
The market is segmented on the basis of application, product, and end-user. By application, the market is bifurcated into oil/solvent-based corrosion inhibitors and water-based corrosion inhibitors. Further, based on the product segment, the market is segmented into organic corrosion inhibitors and inorganic corrosion inhibitors. In addition to this, based on the end-user segment, the market is segmented into oil & gas corrosion inhibitors, metal processing corrosion inhibitors, power generation, chemical processing corrosion inhibitors, and other corrosion inhibitors.
Global Corrosion Inhibitor Market Share by End-User, 2019 (%)
The oil & Gas corrosion inhibitor segment held a significant market share in 2019. The market growth is driven by a rise in corrosion threats as the pipeline plays the role of transporting oil and gas to the processing facilities. Some of the oil & gas corrosion inhibitor providers include Ecolab, Lubrizol Corp., Ashland Inc., Cortec Corp., Daubert Cromwell, DuPont, and others. Further, the significant launch of new corrosion inhibitors is expected to contribute to market growth. For instance, governments across the globe are concerned regarding the toxicity of corrosion inhibitors due to which they impose heavy regulations so companies are focusing more on green corrosion inhibitors that are more environmentally friendly.
Regional Outlooks
The global Corrosion Inhibitor market is analyzed on the basis of the geographical regions that are contributing significantly to the growth of the market. On the basis of geography, the market is bifurcated into North America, Europe, Asia Pacific, and the Rest of the World. North America is estimated to be a prominent region in the global corrosion inhibitor market. Strong growth in the oil & chemical industries is one of the major factors driving the regional growth of the market. Further, Asia-Pacific is estimated to be the fastest-growing region during the forecast period.
Global Corrosion Inhibitor Market Growth by Region, 2020-2026
Asia-Pacific will Have Considerable Growth in the Global Corrosion Inhibitor Market
The region is expected to create an opportunity for the market as there will be a rise in industrialization where many construction companies, oil & gas industries, and water treatment industries will use corrosion inhibitors. Further, the government policies by the countries such as India and Japan promote and support the use of non-toxic inhibitors which do not disturb the environment. Moreover, improvement in living standards, increase in awareness, and advancement in technologies will further increase the demand for the global corrosion inhibitor market in this region.
Market Players Outlook
Some of the players of the corrosion inhibitor market include Ashland Inc, BASF SE, Ecolab, Lubrizol Corporation., Lonza Group AG, Cortec Corp., Akzo Nobel NV, and Henkel AG &CO. In order to survive in the market these players adopt different marketing strategies such as mergers, acquisitions, product launch, and geographical expansion.
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global female infertility diagnosis and treatment market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Regulations
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Decorative Concrete Market by Type
5.1.1. Oil/Solvent Based Corrosion Inhibitor
5.1.2. Water Based Corrosion Inhibitor
5.2. Global Decorative Concrete Market by Product
5.2.1. Organic Corrosion Inhibitor
5.2.2. Inorganic Corrosion Inhibitor
5.3. Global Decorative Concrete Market by End-User
5.3.1. Oil & Gas Inhibitor
5.3.2. Metal Processing Corrosion Inhibitor
5.3.3. Power Generation
5.3.4. Chemical Processing Corrosion Inhibitor
5.3.5. Other Corrosion Inhibitor
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. AGI Industries
7.2. Air Products and Chemicals Inc.
7.3. Akzo Nobel NV
7.4. Akzo Nobel NV
7.5. Ashland Inc.
7.6. BASF SE
7.7. Chemtex Speciality Ltd.
7.8. Corrosion Technologies
7.9. Cortec Corp.
7.10. Cytec Industries Inc.
7.11. Daubert Cromwell LLC
7.12. Eastman Chemical Co.
7.13. Ecolab Inc.
7.14. Halliburton
7.15. Henkel Ag & Co.
7.16. Imperial Oilfield Chemicals Pvt. Ltd.
7.17. Kemira
7.18. Kurita Water Industries Ltd
7.19. LonzaGroup AG
7.20. Lubrizol Corp.
7.21. Manhar Specialities
7.22. Maxwell Corp.
7.23. Non Metal Coating Group
7.24. RustxUSA
7.25. Schlumberger Ltd.
7.26. Solvay SA
7.27. Suez Water Technologies and Solutions
7.28. The Dow Chemical Co.
7.29. Universal Oil Field
7.30. Wego Chemical Group
1. GLOBAL CORROSION INHIBITOR MARKET RESEARCH AND ANALYSIS BY TYPE, 2019-2026 ($ MILLION)
2. GLOBAL OIL/SOLVENT BASED CORROSION INHIBITOR MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
3. GLOBAL WATER-BASED CORROSION INHIBITOR MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
4. GLOBAL CORROSION INHIBITOR MARKET RESEARCH AND ANALYSIS PRODUCT,2019-2026 ($ MILLION)
5. GLOBAL ORGANIC CORROSION INHIBITOR MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
6. GLOBAL INORGANIC CORROSION INHIBITOR MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
7. GLOBAL CORROSION INHIBITOR MARKET RESEARCH AND ANALYSIS END-USER,2019-2026 ($ MILLION)
8. GLOBAL CORROSION INHIBITOR FOR OIL & GAS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
9. GLOBAL CORROSION INHIBITOR FOR METAL PROCESSING MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
10. GLOBAL CORROSION INHIBITOR FOR POWER GENERATION MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
11. GLOBAL CORROSION INHIBITOR FOR CHEMICAL PROCESSING CORROSION INHIBITOR MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
12. GLOBAL CORROSION INHIBITOR FOR OTHER END-USER MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
13. GLOBAL CORROSION INHIBITOR MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY,2019-2026($ MILLION)
14. NORTH AMERICA CORROSION INHIBITOR MARKET RESEARCH AND ANALYSIS BY TYPE,2019-2026 ($ MILLION)
15. NORTH AMERICA CORROSION INHIBITOR MARKET RESEARCH AND ANALYSIS BY PRODUCT,2019-2026 ($ MILLION)
16. NORTH AMERICA CORROSION INHIBITOR MARKET RESEARCH AND ANALYSIS BY END-USER,2019-2026 ($ MILLION)
17. NORTH AMERICA CORROSION INHIBITOR MARKET RESEARCH AND ANALYSIS BY COUNTRY,2019-2026 ($ MILLION)
18. EUROPE CORROSION INHIBITOR MARKET RESEARCH AND ANALYSIS BY TYPE,2019-2026 ($ MILLION)
19. EUROPE CORROSION INHIBITOR MARKET RESEARCH AND ANALYSIS BY PRODUCT,2019-2026 ($ MILLION)
20. EUROPE CORROSION INHIBITOR MARKET RESEARCH AND ANALYSIS BY END-USER, 2019-2026 ($ MILLION)
21. EUROPE CORROSION INHIBITOR MARKET RESEARCH AND ANALYSIS BY COUNTRY,2019-2026 ($ MILLION)
22. ASIA-PACIFIC CORROSION INHIBITOR MARKET RESEARCH AND ANALYSIS BY TYPE,2019-2026 ($ MILLION)
23. ASIA-PACIFIC CORROSION INHIBITOR MARKET RESEARCH AND ANALYSIS BY PRODUCT,2019-2026 ($ MILLION)
24. ASIA-PACIFIC CORROSION INHIBITOR MARKET RESEARCH AND ANALYSIS BY END-USER, 2019-2026 ($ MILLION)
25. ASIA-PACIFIC CORROSION INHIBITOR MARKET RESEARCH AND ANALYSIS BY COUNTRY,2019-2026 ($ MILLION)
26. REST OF THE WORLD CORROSION INHIBITOR MARKET RESEARCH AND ANALYSIS BY TYPE,2019-2026 ($ MILLION)
27. REST OF THE WORLD CORROSION INHIBITOR MARKET RESEARCH AND ANALYSIS BY PRODUCT,2019-2026 ($ MILLION)
28. REST OF THE WORLD CORROSION INHIBITOR MARKET RESEARCH AND ANALYSIS BY END-USER,2019-2026 ($ MILLION)
1. GLOBAL CORROSION INHIBITOR MARKET BY TYPE, 2019 VS 2026 (%)
2. GLOBAL CORROSION INHIBITOR MARKET BY PRODUCT, 2019 VS 2026 (%)
3. GLOBAL CORROSION INHIBITOR MARKET BY END USER, 2019 VS 2026 (%)
4. GLOBAL CORROSION INHIBITOR MARKET BY GEOGRAPHY, 2019 VS 2026 (%)
5. NORTH AMERICAN CORROSION INHIBITOR MARKET SIZE, 2019-2026 ($ MILLION)
6. US CORROSION INHIBITOR MARKET SIZE, 2019-2026 ($ MILLION)
7. CANADA CORROSION INHIBITOR MARKET SIZE, 2019-2026 ($ MILLION)
8. EUROPEAN CORROSION INHIBITOR MARKET SIZE, 2019-2026 ($ MILLION)
9. UK CORROSION INHIBITOR MARKET SIZE, 2019-2026 ($ MILLION)
10. GERMANY CORROSION INHIBITOR MARKET SIZE, 2019-2026 ($ MILLION)
11. SPAIN CORROSION INHIBITOR MARKET SIZE, 2019-2026 ($ MILLION)
12. FRANCE CORROSION INHIBITOR MARKET SIZE, 2019-2026 ($ MILLION)
13. ITALY CORROSION INHIBITOR MARKET SIZE, 2019-2026 ($ MILLION)
14. REST OF EUROPE CORROSION INHIBITOR MARKET SIZE, 2019-2026 ($ MILLION)
15. ASIA-PACIFIC CORROSION INHIBITOR MARKET SIZE, 2019-2026 ($ MILLION)
16. INDIA CORROSION INHIBITOR MARKET SIZE, 2019-2026 ($ MILLION)
17. CHINA CORROSION INHIBITOR MARKET SIZE, 2019-2026 ($ MILLION)
18. JAPAN CORROSION INHIBITOR MARKET SIZE, 2019-2026 ($ MILLION)
19. REST OF ASIA-PACIFIC CORROSION INHIBITOR MARKET SIZE, 2019-2026 ($ MILLION)
20. REST OF THE WORLD CORROSION INHIBITOR MARKET SIZE, 2019-2026 ($ MILLION)
