Pune, India -- (SBWIRE) -- 03/26/2018 -- The "Global Corrosion Inhibitor Market" Report offers an inclusive and decision-making overview, including definitions, classifications and its applications. The Global Corrosion Inhibitor Market is anticipated to reflect a positive Growth Trends in forthcoming years.

The Global Corrosion Inhibitor Market is expected to reach USD 10.1 billion by 2025, from USD 7.2 billion in 2017 growing at a CAGR of 6.8 % during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

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Global Corrosion Inhibitor Market, By Product Type (Organic, Inorganic), By Application (Water based, Oil/solvent based), By End-User (Power Generation, Oil & Gas Refinery, Pulp & Paper, Metal & Mining, Chemical Processing, & Desalination Plant), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa– Industry Trends and Forecast to 2025

TOP Key Players:


- APS,

- Akzo Nobel N.V.,

- Air Products and Chemicals, Inc.,

- Champion Technology Services, Inc.,

- ICL,

- SUEZ,

- Daubert Cromwell, Inc.,

- Dai-ichi India Pvt Ltd,

- Cytec Solvay Group,

- ChemTreat,

- Aegion Corporation,

- Kurita Water Industries Ltd,

- Kemira,

- The Lubrizol Corporation,

- Milacron NOF METAL COATINGS GROUP,

- Eco Friendly Product,

- NALCO India.,

- QED Chemicals Ltd,

- Eastman Chemical Company,

- SHAWCOR H,

- Corrosion Technologies, LLC,

- R. Grace & Co.-Conn,

- BASF SE,

- The Dow Chemical Company and others.


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Competitive Analysis:

The global corrosion inhibitor market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of corrosion inhibitor market for global, Europe, North America, Asia Pacific and South America.

Market Definition:

A corrosion inhibitor is defined as a chemical compound which reduces its corrosion rate by applying metal and adding liquid or gas in material. Types of corrosion inhibitor are o anodic inhibitor; cathodic inhibitors mixed inhibitors, volatile Corrosion Inhibitors. Its efficiency depends on flow regime, quantity of water, and fluid composition. It is used in different verticals such as power generation, oil & gas refinery, pulp & paper, metal & mining, chemical processing, & desalination plant. Corrosion inhibitor controls corrosion by making the environment metal less corrosive and by protecting the metal surface directly. HALOX launched the most extensive line of corrosion inhibiting products ranging from organic and Inorganic Corrosion inhibitors to flash rust, hybrid and specialty corrosion inhibitors.

Hindawi launched new eco-friendly corrosion inhibitors for metals and alloys which deal with plant extracts, drugs, natural polymers, lanthanide compounds, and many more .This market research and analysis identifies exploration of matured reserves along with growing production of shale gas from unconventional reserves.

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Market Segmentation:

The global corrosion inhibitor market is segmented based on product type, application, end user and geographical segments.

Based on product type:- Organic, Inorganic

Based on application:- Water based, Oil/solvent based and others.

On the basis of end-user:- Power generation, oil & gas refinery, pulp & paper, metal & mining, chemical processing, & desalination plant and others

Based on geography:- North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.

Major Market Drivers:


- Demand for water treatment processes

- Growing preference for non – toxic corrosion inhibitors

- Increasing exploration of matured reserves

- Rising raw material costs

- Increasing environmental concerns


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