Growth of the water treatment market is expected to boost demand for corrosion inhibitors. In addition, increasing use of corrosion inhibitors for various steel and iron equipments which mainly used in the construction industry is expected to contribute to the growth of the market.
Albany, NY -- (SBWIRE) -- 12/06/2016 -- Corrosion inhibitors are made of various organic and inorganic chemicals such as molybdates, phosphonates, silicates and triazoles among others. Corrosion inhibitors form a layer over the metallic substrate and protect the metal from corrosion, thereby enhancing the life of the metal. The effectiveness of corrosion inhibitors depends on flow regime, quantity of liquid and fluid composition.
Executive summary chapter of this report includes global market volume (kilo tons) and revenue (USD million). This part of the report also provides market snapshot with segmentation into various products, application and geography. This report gives a detailed analysis and forecast of the corrosion inhibitors market on a global as well as regional level. On a global level, the market has been analyzed and forecast for a time period ranging from 2013 to 2019, on the basis of volume (kilo tons) and revenue (USD million). For an insightful understanding of the market on the regional level, the demand has been forecasted based on volume (kilo tons) and revenue (USD million). The study includes drivers and restraints and their impact on the growth of the corrosion inhibitors market over the forecast period. In addition, the report includes opportunities available for the growth of the market within the forecast period, on a global as well as regional level.
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For a comprehensive understanding of the market, we have given a thorough analysis of the value chain. This analysis provides insights into the gross value added at each stage of the value chain. In addition, industry analysis section of the report analyses market dynamics and trends such as market drivers, restraints and opportunities with their impact over the forecast period. Furthermore, we have included Porter's five forces model which provides a detailed understanding of the degree of competition present in the market. This model also include understanding of other acting forces that include bargaining power of suppliers, bargaining power of buyers, threat from substitutes and threat from new entrants. Moreover, the study consists of a market attractiveness analysis, where the applications are benchmarked based on their market size, growth rate and general attractiveness. This analysis provides the most lucrative application segment during the forecast period in the market.
The corrosion inhibitors market has been segmented based on product, application and end-use. All the segments have been analyzed and forecast based on volume (kilo tons) and revenue (USD million) for a time period ranging from 2013 to 2019. In addition, the segments have been analyzed and forecast based on current trends on a global as well as regional level, for the given time period. Geographically, the market has been segmented into North America, Europe, Asia Pacific and Rest of the World (RoW), and the demand has been analyzed and forecast based on current trends for a period of six years, ranging from 2013 to 2019.
Profiles of certain leading companies have been covered in this report along with a detailed analysis of their market share. The study has profiled companies such as Ashland Inc., AkzoNobel, BASF SE, Cortec, Champion Technologies, Dow, Dai-Ichi Karkaria, Ecolab, Lubrizol and Solutia among others. The company profiles include attributes such as company overview, financial overview, SWOT analysis, business strategies and recent developments.
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To compile this report we have conducted in-depth interviews and discussions with key opinion leaders in the industry. Primary research is supplemented with extensive secondary research. Important secondary sources used to compile this report include various documents and articles published by NACE International – The Corrosion Society, Concrete Corrosion Inhibitors Association, Coatings World Magazine, Oil and Color Chemists Association and BASF Investors presentation. Other secondary resources referred to are national government documents, statistical databases, company websites, annual reports, news articles, press releases, SEC filings and market reports.
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