Corrosion Inhibitors Share by Growth Size, Driving Factors, Key Segments and Regional Analysis

Increasing development of bio-based and more ecofriendly products is a major factor driving market revenue growth

The latest and updated research report on the Global Corrosion Inhibitors Market covers a comprehensive overview of the Corrosion Inhibitors market, future economic condition, competitive landscape mapping, supply and demand trends, and production and consumption analysis.

Additionally, the report also gives an insight into product portfolios, costs, sales, production capacities, and market players. Raw materials, demand analysis, product flow, and distribution channels have been studied and surveyed extensively in this research report.

The global corrosion inhibitors market size is expected to reach USD 1.85 Billion in 2032 and register a steady revenue CAGR of 6.3% over the forecast period, according to the latest analysis by Emergen Research. Stringent regulations on the use of corrosion inhibitors in various industries is a key factor driving market revenue growth. The implementation of these regulations aims to protect both human health and the environment while ensuring safety of products and systems that utilize corrosion inhibitors. The water treatment industry faces strict regulations, leading to rising demand for corrosion inhibitors due to potential impact of corrosion on the quality of drinking water. For instance, on 15 January 2021, Environmental and Protection agency (EPA) released the ’National Primary Drinking Water Regulation: Lead and Copper Rule Revisions’ in the Federal Register. All community and non-transient non-community public water systems must adhere to the LCRR by October 16, 2024. Meeting this compliance deadline ensures that water systems will make ongoing advancements in identifying lead service lines, a crucial step in reducing lead. In addition, rising demand for corrosion inhibitors to address copper and lead corrosion is another key factor driving revenue growth of the market.

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The SWOT analysis and Porter’s Five Forces Analysis are some of the most important components of this report that provide insight into the highly competitive environment of the industry. A detailed analysis of the global Corrosion Inhibitors market is presented in the report, including North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. Aside from revenue growth drivers & restraints, production & consumption patterns, changing consumer preferences, and stringent regulatory standards, this report also examines other key aspects of regional markets.

Valuable Market Insights:

  • The report highlights the latest trends observed in the consumption pattern of each regional segment.
  • Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
  • The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Corrosion Inhibitors market.
  • The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.

The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.

Key Companies Profiled in the Report are Nouryon, Dow, Cortec Corporation, Ashland, Ecolab, Henkel Ibérica, S.A., The Lubrizol Company, BASF SE, DuPont de Nemours, Inc., and Baker Hughes, a GE company LLC

The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market. 

Regional Analysis Covers:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key questions addressed in the report:

  • What are the key factors driving the global Corrosion Inhibitors Market?
  • Who are the key manufacturers in this market space?
  • Who are the distributors, traders and dealers of this market?
  • What are the market opportunities and risks affecting the performance of the vendors in the global Corrosion Inhibitors Market?
  • What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?

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The report offers insightful information about the market dynamics of the Corrosion Inhibitors market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Corrosion Inhibitors market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Corrosion Inhibitors market.

Corrosion Inhibitors Market Segmentation:

  • Compound Outlook (Revenue, USD Billion; 2019–2032)

    • Organic Corrosion Inhibitors
      1. Amines
      2. Fatty Acids
      3. Polyamines
      4. Imidazolines
    • Inorganic Corrosion Inhibitors
      1. Zinc-based Inhibitors
      2. Phosphate-based Inhibitors
      3. Molybdate-based Inhibitors
      4. Silicate-based Inhibitors
    • Hybrid Corrosion Inhibitors
  • Type Outlook (Revenue, USD Billion; 2019–2032)

    • Water-based corrosion inhibitors
    • Oil-based corrosion inhibitors
    • Volatile Corrosion inhibitors
  • Application Outlook (Revenue, USD Billion; 2019–2032)

    • Water Treatment
      1. Cooling Water Systems
      2. Boiler Systems
      3. Desalination Plants
    • Process and product additives
      1. Upstream (Exploration & Production)
      2. Midstream (Pipelines & Transportation)
      3. Downstream (Refining & Petrochemicals)
    • Industrial & Institutional Cleaning
      1. Hard Surface Cleaners
      2. Vehicle Wash Solutions
      3. Floor Cleaners
      4. Industrial Degreasers
      5. Others
    • Power Generation
    • Metal Processing
    • Pulp & Paper
    • Chemical Processing
    • Others (Automotive, Aerospace, Marine, etc.)

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Table of Contents:

  • Chapter 1 includes an introduction of the global Corrosion Inhibitors market, along with a comprehensive market overview, market scope, product offerings, and an investigation of the market drivers, growth opportunities, risks, restraints, and other vital factors.
  • Chapter 2 offers an in-depth analysis of the key manufacturers engaged in this business vertical, along with their sales and revenue estimations.
  • Chapter 3 elaborates on the highly competitive terrain of the market, highlighting the key manufacturers and vendors.
  • In Chapter 4, our team has fragmented the market on the basis of regions, underscoring the sales, revenue, and market share of each region over the forecast timeline.
  • Chapters 5 and 6 have laid emphasis on the market segmentation based on product type and application.

Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.

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