Corrosion Inhibitors Market Analysis, Revenue Share, & Forecast Till 2032

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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.

The report covers historical revenue and sales volume, and the data is further validated to provide a forecast market estimation of the market size and sales numbers for key regions along with types and end-user applications. Moreover, the report also includes macroeconomic factors and regulatory policies pertaining to the Corrosion Inhibitors industry for evaluation and predictive analysis. The report explores the effects of the pandemic on the market and its key segments and regions. It also offers a forecast estimation of the market growth in a post-COVID-19 scenario. 

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Competitive Outlook: The leading companies operating in the Corrosion Inhibitors market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Corrosion Inhibitors Market and 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

Objectives of the Report:

Study of the global Corrosion Inhibitors market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

Industrial structure analysis of the Corrosion Inhibitors market by identification of various sub-segments

Extensive analysis of key market players along with their SWOT analysis

Competitive landscape benchmarking

Analysis of Corrosion Inhibitors market based on growth trends, futuristic outlook, and contribution to the total growth of the market

Analysis of drivers, constraints, opportunities, challenges, and risks in the global Corrosion Inhibitors market

Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Segments Covered in this report are:

 

  • 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.)

Regional Segmentation:

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)

Browse Detailed Research report @https://www.emergenresearch.com/industry-report/corrosion-inhibitors-market

Thank you for reading our report. For further queries regarding the report or customization options, please connect with us. Our team will ensure you get a report well-suited to your needs.

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About Emergen Research

 

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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