Global Corrosion Inhibitors Market – Expected to Reach $9 Billion by 2025 – Research and Markets

DUBLIN–(BUSINESS WIRE)–The "Global
Corrosion Inhibitors Market, 2017 to 2025" report has been
added to Research and Markets' offering.

The Global Corrosion Inhibitors Market is expected to reach US$ 9.1 Bn
by 2025, expanding at a CAGR of 4.2% during the forecast period
2017-2025.

Corrosion inhibitors are expected witness growth in demand with
increasing applications in various industries along with favorable
regulatory support. Corrosion inhibitors have primary application in
water treatment, metal treatment and lubricants, and oil and gas
production. Water treatment application is the largest application of
corrosion inhibitors in varied industries including power generation,
manufacturing, chemicals, paper & pulp industry, metal processing, etc.
Corrosion always remain a challenge for the industries deteriorating the
service life of the equipment which increases the downtime of the
equipment apart from increasing maintenance cost. In power generation
industry, corrosion inhibitors are used to prevent corrosion of
equipment including turbines, pipelines, boilers, valves, etc.

Growing energy demand with rising population and increasing urbanization
driving the need for efficient power infrastructure in order to meet the
demand for electricity. Power generation industry is expected to witness
growth in consumption of corrosion inhibitor over the forecast period.
Oil & gas industry also accounts for the significant share in global
corrosion inhibitors market. Increasing exploration of matured reserves
along with growing production of shale gas from unconventional reserves
is anticipated to propel the demand for corrosion inhibitors over the
forecast period. However, low oil prices and slowdown in demand for
fossil fuel owing to growing inclination towards renewable energy
sources is anticipated to restrain the demand for fossil fuel which in
turn is projected to impact the demand for corrosion inhibitor over the
forecast period (2017-2025).

Companies Mentioned:

• Akzo Nobel NV
• Arkema SA
• Ashland Incorporated
• BASF SE
• Berkshire Hathaway Incorporated
• Buckman Laboratories International Incorporated
• Champion Technologies Inc.
• Chemtura Corporation
• Cortec Corporation
• Cytec Industries Inc.
• Dai-Ichi Karkaria Ltd.
• Daubert Cromwell LLC
• Others

Key Topics Covered:

1. Preface

2. Executive Summary

3. Global Corrosion Inhibitor Market Dynamics

4. Global Corrosion Inhibitor Market, By Product Type

5. Global Corrosion Inhibitor Market, By Application

6. Global Corrosion Inhibitor Market, By End Use Industry

7. Global Corrosion Inhibitor Market, By Geography

8. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/9f55j9/global_corrosion

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