The global corrosion inhibitor market is expected to grow at a modest growth rate during 2018-2023. The global corrosion inhibitor market is driven by rising demand from metal industries, power generation, oil & gas industries. Corrosion is a menace and it is responsible for the loss of billions of dollars every year. As a result, there is a significant demand for corrosion inhibitors across the globe. Additionally, with the introduction of eco-friendly or non-toxic corrosion inhibitors are boosting the growth of the market. Huge investment by government and private players in Global Corrosion Inhibitor Market has created a huge scope for corrosion inhibitors market. Growth of construction industries, water treatment, metal, oil & gas industries created a huge demand for corrosion inhibitors across the globe. R&D by Corrosion Inhibitor players and technological advancement are fueling the growth of the global corrosion inhibitor market. Emerging economies such as India, China, Japan, and Korea are contributing in the growth of global corrosion inhibitors market by significant adoption of corrosion inhibitors products in petroleum the pipeline, water treatment, construction, and other industries.
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However, the high cost of corrosion inhibitors and stringent government regulations are affecting the market growth. The key players of Corrosion Inhibitor Market such as Akzo Nobel NV, Anticorrosion Protective systems LLC, BASF SE, Ashland Inc, Arkema, Air products are constantly focusing on partnership, mergers & acquisition, R&D to expand and reach masses. Corrosion inhibitors have considerable demand to prevent system shutdowns and loss of heat transfer, extend equipment life and avoid product contamination. The report includes detailed Market Overview, Analyst Insights, and predictive analysis, Market Determinants, Market Segmentation, Geographical Analysis, Strategic Recommendations, Key Company Analysis, Key Findings, Market Insights and Company Profiling.
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Corrosion Inhibitor Market segmentation
By application
Oil/solvent based corrosion inhibitor
Water based corrosion inhibitor
By product
Organic corrosion inhibitor
Inorganic corrosion inhibitor
By end user
Oil & gas corrosion inhibitor
Metal processing corrosion inhibitor
Power generation
Chemical processing corrosion inhibitor
Other corrosion inhibitor
Competitive landscape
Key strategies
Key company analysis
Regional analysis
North america
United states
Canada
Europe
United kingdom
France
Germany
Italy
Spain
Rest of europe
Asia pacific
India
China
Japan
Rest of asia pacific
Rest of the world
Company profiles
Acuro organics limited
Agi industries
Air products and chemicals inc.
Akzo nobel nv.
Anticorrosion protective systems
Ashland inc.
Chembond chemicals limited
Chemtex speciality ltd.
Cortec corporation
Cytec industries inc
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