Corrosion Inhibitor Market

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Corrosion Inhibitor Market To Reach USD 9.6
Billion By 2026
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Market Summary
Market Size USD 7.2 Billion in 2018, Market
Growth - CAGR of 3.6, Market Trends Increasing
investments in construction sector.
The global Corrosion Inhibitor Market is expected
to reach USD 9.6 Billion by 2026, according to a
new report by Reports and Data. This can be
mainly associated with the increasing need to
effectively reduce the corrosion rate of a metal
exposed to any environment.

• Further key findings from the report suggest
• The green corrosion inhabitants are expected to
  witness the highest growth, with a CAGR of 7.0,
  by 2026, due to the innovation majorly focuses on
  the use of eco-friendly and sustainable compounds
  such as plant extracts, containing many organic
  compounds.
• The market size for water based inhibitors
  dominates the globally in 2018, and is expected
  to have a higher growth, with a CAGR of 4.7, due
  to the increasing need for water treatment
  chemicals due to its lower volatile organic
  content (VOC) emissions.

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Market Summary
Key Players
Air Products and Chemicals Inc., Akzo Nobel NV ,
Ashland Inc., Anticorrosion Protective Systems
LLC, BASF SE, Champion Technologies Inc.,
Chemtreat Inc., Cytec Industries Inc., Cortec
Corporation, Daubert Cromwell LLC, DOW Chemical,
Halox Inc., Henkel AG Co., and Kurita Water
Industries Ltd, among others.
Segmentation

• Corrosive agent type Outlook (Volume, Kilo Tons
  2018-2026 and Revenue, USD Billion
  2018-2026)Oxygen
• Hydrogen Sulfide
• Carbon Dioxide
• Corrosion type Outlook (Volume, Kilo Tons
  2018-2026 and Revenue, USD Billion
  2018-2026)Uniform or general corrosion
• Galvanic corrosion
• Localized corrosion
• Stress corrosion cracking (SCC)
• Erosion corrosion

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Market Summary
Applications Outlook (Volume, Kilo Tons
2018-2026 and Revenue, USD Billion
2018-2026)Power Generation Oil Gas
Refinery Pulp Paper Metal Mining Chemical
Processing Desalination Plant Others
Regional Outlook for Corrosion Inhibitor Market
analyses the following geographies North
America (United States, Canada, and
Mexico) Europe (Germany, France, UK, Russia, and
Italy) Asia-Pacific (China, Japan, Korea, India,
and Southeast Asia) South America (Brazil,
Argentina, Colombia, etc.) Middle East and Africa
(Saudi Arabia, UAE, Egypt, Nigeria, and South
Africa)
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The report emphasizes the following key
questions
Q.1.What are the most lucrative and promising
growth prospects for the market? Q.2.Which
sectors are expected to deliver a high growth
rate and which industry aspects come into play in
this advancement? Q.3.Which geographies are
estimated to exhibit the highest growth and the
underlying causes? Q.4.Which factors are
impacting the future of the market and what are
the driving factors? Q.5.What are the hurdles
and challenges curtailing the industrys growth
in the forecast period?
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