Rise in Demand from Water Treatment Industries Expected to Drive Corrosion Inhibitors Market over the Forecast Period: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit According to study, “Corrosion Inhibitors Market Research Report: by Product (Organic, Inorganic), by Application (Water-based Corrosion Inhibitors, Oil/Solvent Corrosion Inhibitors), by End-use Industry (Power Generation, Oil & Gas, Mining, Metal Processing, Chemical Processing, Others) and Region – Forecast to 2023” the key companies operating in the corrosion inhibitors market are Ashland, DowDupont, Air Products and Chemicals Inc., Acuro Organics Limited, Ganesh Benzoplast Limited, Solvay, Chemtex Specialty Limited, Ecolab Inc., Grace (WR) & Company, GCP Applied Technologies Inc., ICC Industries Inc., Henkel AG & Company KGAA, Freeport McMoran Inc., Innospec Inc., King Industries Inc., PQ Corp., Lanxess AG. Corrosion is an oxidation reaction with an environment that results in dissolution of metal surface. Corrosion causes deterioration of metal. Corrosion inhibitors are substance or chemicals which form barrier between the environment and metal surface therefore preventing the corrosion. It is used to control & prevent corrosion in the production completion or conduit system. It is used extensively in the oil & gas and metal processing industries to decrease the rate of corrosion on metal surfaces by forming a protective film. Based on product type, corrosion inhibitors market is segmented into organic inhibitors and inorganic inhibitors. Organic inhibitors include Benzotriazole, Organic Amines, Tolyltriazole, Phosphonates, and Mercaptobenzothiazole. Based on application, market is segmented into oil/solvent corrosion inhibitors and water based corrosion inhibitors. Water-based corrosion inhibitors segment holds largest share in market owing to lower volatile organic content (VOC) emissions as compared to solvent-based corrosion inhibitors. In addition, they are economical, turn transparent on drying, can be applied using various methods such as spray, brush, or immersion; and can be easily removed with water-based cleaners before subsequent operations. The oil-based segment is anticipated to witness higher growth rate due to its limited application scope, high flammability, and safety hazards during the forecast period. Additionally, based on end-use industry, market is segmented into power generation, metal processing, oil & gas, chemical processing and others. Power generation sector dominates the market as a result of growth in government investments for power generation projects and rise in generation of energy by consuming renewable sources for instance wind, solar, and hydro. Oil & gas sector is projected to be the fastest growing end-user segment on account of surge in product demand in pipelines as they decrease the losses incurred during refinement processes during the anticipated period. The corrosion inhibitors market is driven by increase in demand for corrosion inhibitors in water treatment, followed by rise in demand for power generation, growth in regulations against wastewater discharge, surge in automotive sector and growth in construction sector. However, rise in use of thermoplastics in flow pipelines may impact the market. Moreover, growth in emphasis on green corrosion inhibitors &nano-materials and rapid industrialization in emerging economies are key opportunities for market. Based on geography, the Asian-Pacific region holds major share in corrosion inhibitors market, followed by European region owing to rise in investment in oil & gas production and growth in demand for petroleum products, energy and fuel, in numerous applications in the region. The North-American region is projected to witness higher growth rate because of increase in shale gas extraction using hydraulic fracturing technology over the forecast period. For more information on the research report, refer to below link: Global Corrosion Inhibitors Market Related reports Global Corrosion and Scale Inhibitors Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use World Volatile Corrosion Inhibitors (VCI) Packaging Material Market Research Report 2024 (Covering USA, Europe, China, Japan, India and etc) Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Acuro Organics Limited (India) Corrosion Inhibitors Market, Air Products and Chemicals Inc. 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