Corrosion Inhibitor Market Size, Industry Trends, Share and Forecast - 2018-2023

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
o United states
o Canada

• Europe
o United kingdom
o France
o Germany
o Italy
o Spain
o Rest of europe

• Asia pacific
o India
o China
o Japan
o 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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