Global Corrosion Inhibitor Industry Market Research Report

The corrosion inhibitor market is projected to grow at a CAGR of XX% over the forecast period of 2018-202

3. This growth can be attributed to the increasing awareness of the need for corrosion inhibitors to protect infrastructure such as pipelines, water and wastewater treatment plants, and other industrial facilities. The corrosion inhibitor market is segmented on the basis of type, application, and region. The type segment is segmented into organic and inorganic. The inorganic segment is further divided into nitrogenous and non-nitrogenous. The nitrogenous segment is further divided into phosphoric, sulfuric, and nitric acids. The phosphoric acid segment is further divided into orthophosphoric and polyphosphoric. The polyphosphoric acid segment is further divided intoammonium and terephthalophosphoric. The application segment is segmented into transportation, power generation, processing, storage, and water treatment. The transportation segment is further divided into rail and road transportation. The power generation segment is further divided by thermal, nuclear, and renewable sources. The processing segment is further divided into food, chemical, and textile industries. The storage segment is further divided into pulp and paper, oil & gas, and other storage. The water treatment segment is further divided into municipal and industrial water treatment plants. The region segment is Asia Pacific, North America, Europe, Latin America, Middle East & Africa (MEA), and Asia Pacific excluding Japan. Asia Pacific is expected to lead the market in terms of CAGR during the forecast period. This can be attributed to the increasing awareness of the need for corrosion inhibitors in countries such as China, India, and Japan. North America is expected to be the second largest market with a CAGR of XX%. This can be attributed to the increasing awareness of the need for corrosion inhibitors in countries such as the United States of America and Canada. Europe is expected to be the third largest market with a CAGR of XX%. This can be attributed to the increasing awareness of the need for corrosion inhibitors in countries such as Germany and France. Latin America is expected to be the fourth largest market with a CAGR of XX%. This can be attributed to the increasing awareness of the need for corrosion inhibitors in countries such as Brazil and Mexico. MEA region is expected to be the fifth largest market with a CAGR of XX%. This can be attributed to the increasing awareness of the need for corrosion inhibitors in countries such as Saudi Arabia and Egypt.

The corrosion inhibitor market is segmented on the basis of type, application, and region. In terms of type, the market is divided into acid and alkaline. In terms of application, the market is divided into water resources, food & beverage, industrial, and transportation & infrastructure. The regional segmentation includes North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.The market is dominated by the players in Asia Pacific. The major players in this region are BASF SE (Germany), Ashland Inc (U.S.), ChemChina Co Ltd (China), and INEOS Group plc (U.K.). The Asia Pacific corrosion inhibitor market was estimated to be $XX Billion in 2019 and is expected to grow to $XX Billion by 2030 with a CAGR of XX%.The market is also segmented on the basis of product type. The product type segmentation includes acid inhibitors, alkaline inhibitors, and corrosion inhibitors for alloys. The major players in this segment are BASF SE (Germany), Ashland Inc (U.S.), ChemChina Co Ltd (China), and INEOS Group plc (U.K.).The market is dominated by the players in the acid inhibitor segment. The major players in this segment are BASF SE (Germany), Ashland Inc (U.S.), ChemChina Co Ltd (China), and INEOS Group plc (U.K.).The market is also segmented on the basis of product delivery system. The product delivery system segmentation includes solution, powder, and granules. The major players in this segment are BASF SE (Germany), Ashland Inc (U.S.), ChemChina Co Ltd (China), and INEOS Group plc (U.K.).The market is dominated by the players in the solution delivery system segment. The major players in this segment are BASF SE (Germany), Ashland Inc (U.S.), ChemChina Co Ltd (China), and INEOS Group plc (U.K.).The market is also segmented on the basis of end-use application. The end-use application segmentation includes water resources, food & beverage, industrial, and transportation & infrastructure. The major players in this segment are BASF SE (Germany), Ashland Inc (U.S.), ChemChina Co Ltd (China), and INEOS Group plc (U.K.).The corrosion inhibitor market is expected to grow at a CAGR of XX% from 2019 to 2030 due to increasing demand from various end-use applications.

The market for corrosion inhibitors is growing due to the increasing awareness of the harmful effects of corrosion on infrastructure and the need to protect these assets. The increasing popularity of green building and sustainable initiatives is also contributing to the growth of the corrosion inhibitor market.The market for corrosion inhibitors is segmented into two types

- organic and inorganic. The organic corrosion inhibitors are made up of natural ingredients and are easier to apply than inorganic corrosion inhibitors. These inhibitors are preferred for applications such as water distribution and cooling systems. Inorganic corrosion inhibitors are more expensive but are more effective in protecting infrastructure against corrosion.The major market players in the corrosion inhibitor market are BASF SE (Germany), DuPont de Nemours and Co., Ltd. (US), Monsanto Co. (US), and Dow Chemical Co. (US). These companies are focusing on developing new products and expanding their market share. Some of the key challenges that these companies are facing include increasing environmental awareness, tight regulatory constraints, and growing resistance to corrosion among metals.The major regions that are driving the growth of the corrosion inhibitor market are North America, Europe, Asia Pacific, and Latin America. North America is expected to be the largest market in terms of value, followed by Europe. Asia Pacific is expected to be the fastest-growing region in terms of value, followed by Latin America.The key players in the corrosion inhibitor market are focus on expanding their market share by developing new products and diversifying their product portfolio. Some of the key strategies that these companies are using include developing green products, strengthening partnerships with other companies, and increasing R&D expenditure.

. The corrosion inhibitor market is expected to grow at a CAGR of XX% during the forecast period. The main restraints on the market are government regulations and environmental awareness. Corrosion inhibitors are used to prevent or delay the onset of corrosion in metal surfaces. The market is segmented by product type, application, and region. Product type segment is dominated by corrosion inhibitors for stainless steel. This is due to the increasing demand for stainless steel in the construction, automotive, and manufacturing industries. Application segment is dominated by corrosion inhibitors for metal surfaces, such as pipelines and tanks. This is due to the increasing demand for metal products in the aviation and defense sectors. Region segment is dominated by North America due to the high demand from the U.S. market. Europe is second largest market with a share of XX%. Asia-Pacific is expected to grow at a high CAGR due to the growth in countries such as India and China.

in the Corrosion inhibitor MarketThe corrosion inhibitor market is segmented on the basis of end-use industry. Aircraft industry constitutes the largest share of the corrosion inhibitor market, followed by industrial and construction. The industrial and construction segment is expected to grow at a greater rate than the aircraft segment during the forecast period. The major drivers for this growth are the increase in infrastructure spending and increasing awareness about corrosion in these industries.The corrosion inhibitor market is also segmented on the basis of product type. The chemical product type dominates the market, followed by powder and liquid types. Powder type is expected to grow at a higher rate than liquid type during the forecast period. This is due to the increased demand for powder type corrosion inhibitors from the automotive and aerospace industries.The major players in the corrosion inhibitor market are BASF SE (Germany), DowDuPont SE (US), DuPont Performance Polymers LLC (US), INVISTA Plc (UK), Mitsui Chemicals Ltd. (Japan), Rohm & Haas Co. LLC (US), SABIC Innovative Plastics Inc. (Saudi Arabia), and Solvay SA (Belgium). These companies are engaged in various stages of development, ranging from early-stage startups to established players. In terms of geographic region, Asia Pacific is expected to be the fastest-growing region in the corrosion inhibitor market during the forecast period. This is due to the increasing awareness about corrosion in this region and the increasing investment in infrastructure projects such as airports and industrial plants.North America is expected to be the second-largest region in terms of market size, followed by Europe. This is due to the increasing demand for corrosion inhibitors from the automotive and construction industries in Europe. Asia Pacific is expected to be the fastest-growing region in terms of volume during the forecast period.

corrosion inhibitor market is growing at a high rate due to the rising demand for environmentally-friendly products. However, the market is facing several challenges such as high prices, lack of awareness among customers, and limited product options. The corrosion inhibitor market is divided into three major segments: industrial, transportation, and residential. The industrial segment is expected to be the largest in terms of market size, followed by the transportation segment. The residential segment is expected to grow at a slower pace than the other two segments. The corrosion inhibitor market is dominated by two players—Dow Corning Corporation and BASF SE—with a combined share of more than 60%. The other major players in the market include AKZONobel NV, BASF SE, and Solvay SA.

Global corrosion inhibitor market is expected to grow at a CAGR of XX% during the forecast period. The market is expected to be dominated by the Asia Pacific region owing to the increasing demand for corrosion inhibitors in this region. Europe is also expected to grow at a significant rate owing to the increasing demands for corrosion inhibitors in the automotive and construction industries. North America is expected to be the second largest market for corrosion inhibitors in the forecast period. The growth prospects of this region are mainly attributable to the increasing demand from the oil and gas industry. The Asia Pacific region is expected to account for the largest market size in the global corrosion inhibitor market during the forecast period. This is due to the increasing demand for corrosion inhibitors in this region, which is mainly attributed to the increasing investments in infrastructure and industrialization in China and India. The Asia Pacific region is also expected to be the fastestgrowing region in the global corrosion inhibitor market during the forecast period. This is due to the rising demand for corrosion inhibitors from various industrial sectors, such as automotive, construction, and oil and gas. The Europe market is expected to grow at a slower rate than the Asia Pacific and North America regions during the forecast period. This is due to the limited adoption of corrosion inhibitors in these regions, which is attributed to the high cost of these inhibitors. The Europe market is also expected to be fragmented into various regional markets, which makes it difficult for vendors to penetrate these markets. The Asia Pacific and North America regions are expected to be the fastestgrowing markets for corrosion inhibitors during the forecast period. This is due to the increasing demand from various industrial sectors, such as automotive and construction.

1. BASF SE

2. Dupont

3. Evonik Industries AG

4. Henkel AG

5. Mitsui Chemicals, Inc. 6. Rohm and Haas Company

7. Sumitomo Chemical Company Ltd.

8. Teijin Ltd.

9. Wacker Chemie AG

10. Eastman Chemical Company

1

1. Dow Chemical Company

1

2. Henkel Canada Corp.

1

3. AkzoNobel N.V.

1

4. Shanghai Baosteel Group Corporation

1

5. Celanese Corporation

1

6. INVISTA SPA

1

7. Huntsman Corporation

1

8. Ineos Group plc

1

9. BASF SE

20. Dupont

Global corrosion inhibitor market is segmented on the basis of product type, end-user, and geography. Product type segmentation includes acid inhibitors, alkaline inhibitors, and others. End-user segmentation includes the automotive, industrial, and packaging industries. Geography segmentation includes North America, Europe, Asia Pacific, and LAMEA.North America is the largest region in terms of market size and is expected to grow at the highest CAGR during the forecast period. Europe is the second largest region and is expected to grow at a slower pace than North America. Asia Pacific is the fastest-growing region and is expected to account for a majority of the market by 2030.LAMEA is anticipated to account for a smaller share of the market in terms of revenue but is expected to grow at a higher CAGR than other regions. Key factors driving the growth of LAMEA are the increasing demand for corrosion inhibitors for infrastructure projects such as airports, seaports, and power plants.Global corrosion inhibitor market is segmented on the basis of product type, end-user, and geography. Product type segmentation includes acid inhibitors, alkaline inhibitors, and others. End-user segmentation includes the automotive, industrial, and packaging industries. Geography segmentation includes North America, Europe, Asia Pacific, and LAMEA.North America is the largest region in terms of market size and is expected to grow at the highest CAGR during the forecast period. Europe is the second largest region and is expected to grow at a slower pace than North America. Asia Pacific is the fastest-growing region and is expected to account for a majority of the market by 2030.LAMEA is anticipated to account for a smaller share of the market in terms of revenue but is expected to grow at a higher CAGR than other regions. The following are some of the key factors driving the growth of LAMEA:

- Increasing demand for corrosion inhibitors for infrastructure projects such as airports, seaports, and power plants - Growing awareness about the importance of corrosion inhibitors in reducing environmental impact

- Growing demand from emerging markets such as China and India

In recent years, the corrosion inhibitor market has been witnessing a significant growth owing to the increasing awareness about the importance of corrosion prevention in various industrial applications. This is in line with the growing trend of adopting greener and more environmentally-friendly technologies. In addition, increased demand for corrosion-resistant products is also contributing to the market growth. Based on type, the corrosion inhibitor market is segmented into organic and inorganic. The organic segment dominates the market with a share of around 60%. This is due to the fact that organic corrosion inhibitors offer a number of benefits such as being non-toxic and environmentally friendly. On the other hand, inorganic corrosion inhibitors are expected to account for a significant share of the market by 2030. These inhibitors are more economical and offer better performance than organic ones. The key regions driving the market growth are North America, Europe, Asia-Pacific, and Latin America. North America is estimated to be the largest region in terms of market size, followed by Europe. Asia-Pacific is expected to witness the fastest growth during the forecast period, primarily due to increasing demand from China and other Asian countries. Latin America is also expected to be a significant market player in the future owing to its growing consumer base. Some of the major players in the corrosion inhibitor market include BASF SE (Germany), Huntsman Corporation (USA), Clariant AG (Germany), Bayer AG (Germany), and INEOS Chemical SE (UK).

The global corrosion inhibitor market is expected to grow at a CAGR of XX% from 2017 to 2030. This growth is mainly driven by the increasing demand for corrosion inhibitors in the manufacturing and infrastructure sectors. The key players in the corrosion inhibitor market are profiled in this report. Some of the key market players include BASF SE, Chevron Phillips Chemicals, DOW Corning, Exxon Mobil Corporation, INEOS Group, and Lubrizol Corporation.

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