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Corrosion Inhibitors Market

Corrosion Inhibitors Market Forecasts to 2028 – Global Analysis By Corrosive Agent Type (Carbon Dioxide, Hydrogen Sulfide, Oxygen), Application (Oil & Gas Generation, Process and Product Additives, Water Treatment), and By Geography

4.8 (66 reviews)
Published: January 2022 ID: SMRC21247
4.8 (66 reviews)
Published: January 2022 ID: SMRC21247

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Corrosion Inhibitors Market is accounted for $7.52 billion in 2020 and is expected to reach $12.82 billion by 2028 growing at a CAGR of 6.9% during the forecast period. Factors such as increasing demand for treated water, growing construction industry, and increasing urbanization are driving the growth of the market. However, disposal of harmful materials such as zinc, chromium, and phosphorus is hampering the growth of the market.

Corrosion inhibitors are chemical compounds that prevent or reduce the rate of corrosion of the metals or alloys exposed to the environment. They are available in different forms.

Based on the compound, the organic corrosion inhibitors segment is anticipated to expand at a rapid pace during the forecast period as they are effective at a wide range of temperature and have good solubility with water. By geography, Asia Pacific is going to have high growth during the forecast period which can be attributed to the high population, increasing industrial growth, and growing number of end user industries.

Some of the key players profiled in the Corrosion Inhibitors Market include BASF SE, Baker Hughes Incorporated, Solenis LLC, Dow Chemical Company, Henkel, Lanxess, Championx, Nouryon, Ecolab/Nalco Water, Lubrizol, Suez, Eastman Chemical Company, Ashland, Clariant, and Lonza. 

Compounds Covered:
• Organic Corrosion Inhibitors
• Inorganic Corrosion Inhibitors

Corrosive Agent Types Covered:
• Carbon Dioxide
• Hydrogen Sulfide
• Oxygen   

Types Covered:
• Volatile Corrosion Inhibitors
• Water-based Corrosion Inhibitors
• Oil/Solvent based Corrosion Inhibitors

Corrosion Types Covered:
• Galvanic Corrosion
• Localized Corrosion
• Stress Corrosion Cracking (SCC)
• Erosion Corrosion
• Uniform or General Corrosion

Inhibitor Types Covered:
• Anodic Inhibitors
• Cathodic Inhibitors
• Passivating Inhibitors
• Volatile Inhibitors
• Green Corrosion Inhibitors
• Mixed Inhibitors
• Precipitation Inhibitors
• Synergistic Inhibitors
• Adsorption Action Inhibitors

Applications Covered:
• Oil & Gas Generation
• Process and Product Additives
• Water Treatment

End Users Covered:
• Food & Beverage
• Desalination Plant
• Pulp & Paper
• Power Generation
• Chemicals
• Metals Processing
• Hydrometallurgy
• Pharmaceuticals
• Aerospace
• Automotive
• Construction

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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