Corrosion processes are responsible for numerous losses mainly in the industrial scope. It is clear that the best way to combat it is prevention. Among the various methods to avoid or prevent destruction or degradation of metal surface, the corrosion inhibitor is one of the best know methods of corrosion protection and one of the most useful on the industry. According to the chemical nature, the corrosion inhibitors can be divided into organic or inorganic. Organic corrosion inhibitors mainly include amines, phosphonates, benzotriazole and other. Organic corrosion inhibitors are widely used in water treatment, metal treatment and other fields to inhibit corrosion.
Market Analysis and Insights: Global Organic Corrosion Inhibitors Market
Due to the COVID-19 pandemic, the global Organic Corrosion Inhibitors market size is estimated to be worth US$ 3890 million in 2022 and is forecast to a readjusted size of US$ 4551 million by 2028 with a CAGR of 2.7% during the review period. Fully considering the economic change by this health crisis, Amines Organic Corrosion Inhibitors accounting for % of the Organic Corrosion Inhibitors global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Power Generation segment is altered to an % CAGR throughout this forecast period.
Global organic corrosion inhibitors key players include Ecolab, SUEZ Water Technologies & Solutions, Solenis, Afton Chemical, Nouryon, etc. North America and Asia-Pacific are the largest market, with a share both about 30%, followed by Europe, with a share about 25 percent. In terms of product, amines organic corrosion inhibitors is the largest segment, with a share about 43%. And in terms of application, the largest application is power generation, followed by oil & gas, pulp & paper, metal & mining, chemical processing, etc.
Global Organic Corrosion Inhibitors Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Organic Corrosion Inhibitors Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Amines Organic Corrosion Inhibitors
Phosphonates Organic Corrosion Inhibitors
Benzotriazole Organic Corrosion Inhibitors
Others
Segment by Application
Power Generation
Oil & Gas
Pulp & Paper
Metal & Mining
Chemical Processing
Others
By Company
Ecolab
SUEZ Water Technologies & Solutions
Solenis
Afton Chemical
Nouryon
Baker Hughes
BASF
Cortec Corporation
ChemTreat
Lubrizol
Clariant
Schlumberger
ICL Advanced Additives
Halliburton
LANXESS
Arkema
Lonza
Italmatch
Henan Qingshuiyuan
Shandong Taihe Water Treatment Technologies
Kurita
Uniphos Chemicals
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Market Analysis and Insights: Global Organic Corrosion Inhibitors Market
Due to the COVID-19 pandemic, the global Organic Corrosion Inhibitors market size is estimated to be worth US$ 3890 million in 2022 and is forecast to a readjusted size of US$ 4551 million by 2028 with a CAGR of 2.7% during the review period. Fully considering the economic change by this health crisis, Amines Organic Corrosion Inhibitors accounting for % of the Organic Corrosion Inhibitors global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Power Generation segment is altered to an % CAGR throughout this forecast period.
Global organic corrosion inhibitors key players include Ecolab, SUEZ Water Technologies & Solutions, Solenis, Afton Chemical, Nouryon, etc. North America and Asia-Pacific are the largest market, with a share both about 30%, followed by Europe, with a share about 25 percent. In terms of product, amines organic corrosion inhibitors is the largest segment, with a share about 43%. And in terms of application, the largest application is power generation, followed by oil & gas, pulp & paper, metal & mining, chemical processing, etc.
Global Organic Corrosion Inhibitors Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Organic Corrosion Inhibitors Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Amines Organic Corrosion Inhibitors
Phosphonates Organic Corrosion Inhibitors
Benzotriazole Organic Corrosion Inhibitors
Others
Segment by Application
Power Generation
Oil & Gas
Pulp & Paper
Metal & Mining
Chemical Processing
Others
By Company
Ecolab
SUEZ Water Technologies & Solutions
Solenis
Afton Chemical
Nouryon
Baker Hughes
BASF
Cortec Corporation
ChemTreat
Lubrizol
Clariant
Schlumberger
ICL Advanced Additives
Halliburton
LANXESS
Arkema
Lonza
Italmatch
Henan Qingshuiyuan
Shandong Taihe Water Treatment Technologies
Kurita
Uniphos Chemicals
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.