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 global corrosion inhibitor market is expected to benefit from gains in the water treatment industry over the next six years.Global corrosion inhibitors demand was valued at USD 5.20 billion in 2012 and is expected to reach USD 7.14 billion in 2019, growing at a CAGR of 4.7% from 2013 to 2019. In terms of volume, global consumption was 4,425.9 kilo tons in 2012 and is expected grow at a CAGR of 4.4% from 2013 to 2019.
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Global Corrosion Inhibitors Market - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019
1. REPORT DESCRIPTION
Global Corrosion Inhibitors Market is Expected to Reach USD 7.14 Billion in 2019:
Transparency Market Research
Transparency Market Research published new market report " Corrosion Inhibitors
(Organic and Inorganic) for Water Based and Oil/Solvent Based Applications in
Power Generation, Metal Processing, Pulp and Paper, Oil and Gas and Chemical
Processing - Global Industry Analysis, Size, Share, Growth, Trends and Forecast,
2013 - 2019," the global corrosion inhibitors demand was valued at USD 5.20 billion in
2012 and is expected to reach USD 7.14 billion in 2019, growing at a CAGR of 4.7% from
2013 to 2019. In terms of volume, global consumption was 4,425.9 kilo tons in 2012 and is
expected grow at a CAGR of 4.4% from 2013 to 2019.
Corrosion inhibitors play a critical role in the water treatment chemicals market. Growth of
the water treatment chemicals market on account of increasing demand for clean water is
expected to be one of the primary factors driving the demand for corrosion inhibitors. In
addition, rising construction activities within the forecast period and increasing awareness of
the adverse impact of corrosion is expected to boost the demand for corrosion inhibitors.
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Corrosion Inhibitors
(Organic and Inorganic)
Market - Global Industry
Analysis, Size, Share,
Growth, Trends and
Forecast, 2013 - 2019
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Published Date: Sept 2013
137 Pages Report
2. However, various environmental issues associated with the raw materials used in corrosion
inhibitors are expected to hamper the growth of the market. Development of green
inhibitors and application of nanotechnology in corrosion inhibitors is expected to open
opportunities for the growth of the market over the next few years.
Organic corrosion inhibitors were the largest product segment of the market and are also
expected to be the fastest growing segment due to the increasing preference of consumers
for non-toxic inhibitors, at an estimated CAGR of over 4.5% from 2013 to 2019. Increasing
demand for organic corrosion inhibitors is expected to hamper the demand for inorganic
inhibitors.
Water-based corrosion inhibitors were the largest application segment of the corrosion
inhibitors market, accounting for over 75% of the market in 2012. Demand for oil/solvent-
based inhibitors is expected to reach 1,332.1 kilo tons by 2019.
The power generation sector dominated the demand for corrosion inhibitors and accounted
for over 25% of the demand in 2012, followed by the oil & gas sector. Oil & gas is also
expected to be the fastest growing end-use industry for this market on account of the rising
demand from various industries and as a fuel. Corrosion inhibitor demand from metal
processing is expected to reach 683.7 kilo tons by 2019. Chemicals processing is expected
to show noticeable growth from a small base within the forecast period.
Asia Pacific led the demand for corrosion inhibitors and accounted for over 35% of the total
share in 2012. Increasing industrial activities and rising awareness regarding losses
occurring due to corrosion is expected to drive the demand for corrosion inhibitors over the
forecast period. Asia Pacific is expected to show fastest growth in market over the next few
years.
The report gives a comprehensive view of the corrosion inhibitors market in terms of
volume and revenue. In addition, the report includes current demand analysis and forecast
for each application in North America, Europe, Asia Pacific and Rest of the World. The report
comprises of the following segments:
Corrosion Inhibitors Market: Product Segment Analysis,
Organic
Inorganic
Corrosion Inhibitors Market: Application Analysis,
Water based
Oil/solvent based
3. Corrosion Inhibitors Market: End-use Analysis,
Power generation
Oil & gas
Pulp & paper
Metals processing
Chemicals processing
Others
The report provides a cross-sectional analysis of the above product segment, applications
and end-use segments with respect to the following regions:
North America
Europe
Asia Pacific
Rest of the World
TABLE OF CONTENTS
Chapter 1 Preface
1.1 Research description
1.2 Market segmentation
1.3 Research methodology
1.4 Abbreviations
Chapter 2 Executive Summary
2.1 Global demand for corrosion inhibitors, 2012 – 2019 (Kilo Tons) (USD Million)
2.2 Corrosion Inhibitors: Market Snapshot (2012 and 2019)
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Chapter 3 Corrosion Inhibitors: Industry Analysis
3.1 Introduction
3.2 Value chain analysis
3.3 Market drivers
3.3.1 Growth of global water treatment chemicals market
3.3.2 Rising construction activities
3.4 Market restraints
3.4.1 Environmental issues associated with raw materials
3.5 Market opportunities
3.5.1 Development of green corrosion inhibitors
3.5.2 Application of nanotechnology in corrosion inhibition
3.6 Porters five force analysis
3.6.1 Bargaining power of suppliers
3.6.2 Bargaining power of buyers
3.6.3 Threat of new entrants
3.6.4 Threat of substitutes
3.6.5 Degree of competition
3.7 Corrosion inhibitors: Company market share analysis, 2012
3.8 Corrosion inhibitors: Market attractiveness analysis
Chapter 4 Corrosion Inhibitors Market: Product Segment Analysis
4.1 Global corrosion inhibitor market: Product segment overview
4.1.1 Global corrosion inhibitor market, by product segment, 2012 and 2019
4.2 Corrosion inhibitors market, by product segment
5. 4.2.1 Global demand for organic corrosion inhibitors, 2012 – 2019 (Kilo Tons) (USD
Million)
4.2.2 Global demand for inorganic corrosion inhibitors, 2012 – 2019 (Kilo Tons) (USD
Million)
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Chapter 5 Corrosion Inhibitors Market: Application Analysis
5.1 Global corrosion inhibitors market: Application overview
5.1.1 Global corrosion inhibitors market volume share, by application, 2012 and 2019
5.1.2 Corrosion inhibitors market, by application
5.1.2.1 Global demand for water based corrosion inhibitors, 2012 – 2019 (Kilo
Tons) (USD Million)
5.1.2.2 Global demand for oil/solvent based corrosion inhibitors, 2012 – 2019
(Kilo Tons) (USD Million)
Chapter 6 Corrosion Inhibitors Market: End-use Analysis
6.1 Global corrosion inhibitors market: End-use overview
6.1.1 Global corrosion inhibitors market volume share, by end-use, 2012 and 2019
6.2 Corrosion inhibitors market, by end-use
6.2.1 Power generation
6.2.1.1 Global demand for corrosion inhibitors in power generation, 2012 – 2019
(Kilo Tons) (USD Million)
6.2.2 Oil & gas
6. 6.2.2.1 Global demand for corrosion inhibitors in oil & gas, 2012 – 2019 (Kilo
Tons) (USD Million)
6.2.3 Pulp & paper
6.2.3.1 Global demand for corrosion inhibitors in pulp & paper, 2012 – 2019 (Kilo
Tons) (USD Million)
6.2.4 Metal processing
6.2.4.1 Global demand for corrosion inhibitors in metal processing, 2012 – 2019
(Kilo Tons) (USD Million)
6.2.5 Chemicals processing
6.2.5.1 Global demand for corrosion inhibitors in chemicals processing, 2012 –
2019 (Kilo Tons) (USD Million)
6.2.6 Others
6.2.6.1 Global demand for corrosion inhibitors in other applications, 2012 – 2019
(Kilo Tons) (USD Million)
Chapter 7 Corrosion Inhibitors Market: Regional Analysis
7.1 Global corrosion inhibitors market: Regional overview
7.1.1 Global corrosion inhibitors market volume share, by region, 2012 and 2019
7.2 North America
7.2.1 North America corrosion inhibitors demand, volume and revenue, 2012 – 2019
(Kilo Tons) (USD Million)
7.2.2 North America corrosion inhibitor demand, by product segment, 2012 – 2019
(Kilo Tons) (USD Million)
7.2.2.1 North America organic corrosion inhibitors demand, 2012 – 2019 (Kilo
Tons) (USD Million)
7.2.2.2 North America inorganic corrosion inhibitors demand, 2012 – 2019 (Kilo
Tons) (USD Million)
7.2.3 North America corrosion inhibitors demand, by application, 2012 – 2019 (Kilo
Tons) (USD Million)
7. 7.2.3.1 North America water based corrosion inhibitors demand, 2012 – 2019
(Kilo Tons) (USD Million)
7.2.3.2 North America oil/solvent based corrosion inhibitors demand, 2012 –
2019 (Kilo Tons) (USD Million)
7.2.4 North America corrosion inhibitors demand, by end-use, 2012 – 2019 (Kilo Tons)
(USD Million)
7.2.4.1 North America corrosion inhibitors demand in power generation, 2012 –
2019 (Kilo Tons) (USD Million)
7.2.4.2 North America corrosion inhibitors demand in oil & gas, 2012 – 2019 (Kilo
Tons) (USD Million)
7.2.4.3 North America corrosion inhibitors demand in pulp & paper, 2012 – 2019
(Kilo Tons) (USD Million)
7.2.4.4 North America corrosion inhibitors demand in metals processing, 2012 –
2019 (Kilo Tons) (USD Million)
7.2.4.5 North America corrosion inhibitors demand in chemicals processing, 2012
– 2019 (Kilo Tons) (USD Million)
7.2.4.6 North America corrosion inhibitors demand in other applications, 2012 –
2019 (Kilo Tons) (USD Million)
7.3 Europe
7.3.1 Europe corrosion inhibitors demand, volume and revenue, 2012 – 2019 (Kilo
Tons) (USD Million)
7.3.2 Europe corrosion inhibitors demand, by product segment, 2012 – 2019 (Kilo
Tons) (USD Million)
7.3.2.1 Europe organic corrosion inhibitors demand, 2012 – 2019 (Kilo Tons) (USD
Million)
7.3.2.2 Europe inorganic corrosion inhibitors demand, 2012 – 2019 (Kilo Tons) (USD
Million)
7.3.3 Europe corrosion inhibitors demand, by application, 2012 – 2019 (Kilo Tons)
(USD Million)
7.3.3.1 Europe water based corrosion inhibitors demand, 2012 – 2019 (Kilo
Tons) (USD Million)
8. 7.3.3.2 Europe oil/solvent based corrosion inhibitors demand, 2012 – 2019 (Kilo
Tons) (USD Million)
7.3.4 Europe based corrosion inhibitors demand, by end-use, 2012 – 2019 (Kilo Tons)
(USD Million)
7.3.4.1 Europe corrosion inhibitors demand in power generation, 2012 – 2019
(Kilo Tons) (USD Million)
7.3.4.2 Europe corrosion inhibitors demand in oil & gas, 2012 – 2019 (Kilo Tons)
(USD Million)
7.3.4.3 Europe corrosion inhibitors demand in pulp & paper, 2012 – 2019 (Kilo
Tons) (USD Million)
7.3.4.4 Europe corrosion inhibitors demand in metals processing, 2012 – 2019
(Kilo Tons) (USD Million)
7.3.4.5 Europe corrosion inhibitors demand in chemicals processing, 2012 –
2019 (Kilo Tons) (USD Million)
7.3.4.6 Europe corrosion inhibitors demand in other applications, 2012 – 2019
(Kilo Tons) (USD Million)
7.4 Asia Pacific
7.4.1 Asia Pacific corrosion inhibitors demand, volume and revenue, 2012 – 2019 (Kilo
Tons) (USD Million)
7.4.2 Asia Pacific corrosion inhibitors demand, by product segment, 2012 – 2019 (Kilo
Tons) (USD Million)
7.4.2.1 Asia Pacific organic corrosion inhibitors demand, 2012 – 2019 (Kilo Tons)
(USD Million)
7.4.2.2 Asia Pacific inorganic corrosion inhibitors demand, 2012 – 2019 (Kilo
Tons) (USD Million)
7.4.3 Asia Pacific corrosion inhibitors demand, by application, 2012 – 2019 (Kilo Tons)
(USD Million)
7.4.3.1 Asia Pacific water based corrosion inhibitors demand, 2012 – 2019 (Kilo
Tons) (USD Million)
7.4.3.2 Asia Pacific oil/solvent based corrosion inhibitors demand, 2012 – 2019
(Kilo Tons) (USD Million)
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7.4.4 Asia Pacific corrosion inhibitors demand, by end-use, 2012 – 2019 (Kilo Tons)
(USD Million)
7.4.4.1 Asia Pacific corrosion inhibitors demand in power generation, 2012 – 2019
(Kilo Tons) (USD Million)
7.4.4.2 Asia Pacific corrosion inhibitors demand in oil & gas, 2012 – 2019 (Kilo
Tons) (USD Million)
7.4.4.3 Asia Pacific corrosion inhibitors demand in pulp & paper, 2012 – 2019
(Kilo Tons) (USD Million)
7.4.4.4 Asia Pacific corrosion inhibitors demand in metals processing, 2012 –
2019 (Kilo Tons) (USD Million)
7.4.4.5 Asia Pacific corrosion inhibitors demand in chemicals processing, 2012 –
2019 (Kilo Tons) (USD Million)
7.4.4.6 Asia Pacific corrosion inhibitors demand in other applications, 2012 –
2019 (Kilo Tons) (USD Million)
7.5 Rest of the World (RoW)
7.5.1 RoW corrosion inhibitors demand, volume and revenue, 2012 – 2019 (Kilo Tons)
(USD Million)
7.5.2 RoW corrosion inhibitors demand, by product segment, 2012 – 2019 (Kilo Tons)
(USD Million)
7.5.2.1 RoW organic corrosion inhibitors demand, 2012 – 2019 (Kilo Tons) (USD
Million)
7.5.2.2 RoW inorganic corrosion inhibitors demand, 2012 – 2019 (Kilo Tons)
(USD Million)
7.5.3 RoW corrosion inhibitors demand, by application, 2012 – 2019 (Kilo Tons) (USD
Million)
7.5.3.1 RoW water based corrosion inhibitors demand, 2012 – 2019 (Kilo Tons)
(USD Million)
7.5.3.2 RoW oil/solvent based corrosion inhibitors demand, 2012 – 2019 (Kilo
Tons) (USD Million)
10. 7.5.4 RoW corrosion inhibitors demand, by end-use, 2012 – 2019 (Kilo Tons) (USD
Million)
7.5.4.1 RoW corrosion inhibitors demand in power generation, 2012 – 2019 (Kilo
Tons) (USD Million)
7.5.4.2 RoW corrosion inhibitors demand in oil & gas, 2012 – 2019 (Kilo Tons)
(USD Million)
7.5.4.3 RoW corrosion inhibitors demand in pulp & paper, 2012 – 2019 (Kilo
Tons) (USD Million)
7.5.4.4 RoW corrosion inhibitors demand in metals processing, 2012 – 2019 (Kilo
Tons) (USD Million)
7.5.4.5 RoW corrosion inhibitors demand in chemicals processing, 2012 – 2019
(Kilo Tons) (USD Million)
7.5.4.6 Demand for corrosion inhibitors in other applications in RoW, 2012 –
2019 (Kilo Tons) (USD Million)
Chapter 8 Company Profiles
8.1 Ashland Inc.
8.1.1 Company overview
8.1.2 Product portfolio
8.1.3 Financial overview
8.1.4 SWOT analysis
8.1.5 Business strategy
8.1.6 Recent developments
8.2 AkzoNobel N.V.
8.2.1 Company overview
8.2.2 Financial overview
8.2.3 Product Portfolio
8.2.4 SWOT analysis
11. 8.2.5 Business strategy
8.2.6 Recent Developments
8.3 BASF SE
8.3.1 Company overview
8.3.2 Product portfolio
8.3.3 Financial overview
8.3.4 Business strategy
8.3.5 SWOT analysis
8.3.6 Recent developments
8.4 Champion Technologies Inc.
8.4.1 Company overview
8.4.2 Product portfolio
8.4.3 Business strategies
8.4.4 SWOT analysis
8.4.5 Recent developments
8.5 Cortec Corporation
8.5.1 Company overview
8.5.2 Product Portfolio
8.5.3 Business strategy
8.5.4 SWOT analysis
8.5.5 Recent developments
8.6 Cytec Industries Inc.
8.6.1 Company overview
8.6.2 Product portfolio
8.6.3 Financial overview
12. 8.6.4 Business strategy
8.6.5 SWOT analysis
8.6.6 Recent developments
8.7 Dai-Ichi Karkaria Ltd.
8.7.1 Company overview
8.7.2 Product Portfolio
8.7.3 Financial overview
8.7.4 Business strategy
8.7.5 SWOT analysis
8.7.6 Recent developments
8.8 Daubert Cromwell LLC
8.8.1 Company overview
8.8.2 Product portfolio
8.8.3 Business strategy
8.8.4 SWOT analysis
8.8.5 Recent developments
8.9 Dow Chemical Company
8.9.1 Company overview
8.9.2 Product portfolio
8.9.3 Financial overview
8.9.4 Business strategy
8.9.5 SWOT analysis
8.9.6 Recent developments
8.10 Ecolab
8.10.1 Company overview
13. 8.10.2 Product portfolio
8.10.3 Financial overview
8.10.4 Business strategy
8.10.5 SWOT analysis
8.10.6 Recent developments
8.11 GE Water & Process Technologies
8.11.1 Company overview
8.11.2 Product Portfolio
8.11.3 Financial overview
8.11.4 Business strategy
8.11.5 SWOT analysis
8.11.6 Recent developments
8.12 Henkel AG & Company, KGaA
8.12.1 Company overview
8.12.2 Product Portfolio
8.12.3 Financial overview
8.12.4 Business strategy
8.12.5 SWOT analysis
8.12.6 Recent developments
8.13 Marott Graphic Services
8.13.1 Company overview
8.13.2 Product Portfolio
8.13.3 Business strategies
8.13.4 SWOT analysis
8.13.5 Recent developments
14. 8.14 Solutia Inc.
8.14.1 Company overview
8.14.2 Product Portfolio
8.14.3 Financial overview
8.14.4 Business strategy
8.14.5 SWOT analysis
8.14.6 Recent developments
8.15 The Lubrizol Corporation
8.15.1 Company overview
8.15.2 Product portfolio
8.15.3 Financial overview
8.15.4 Business strategy
8.15.5 SWOT analysis
8.15.6 Recent developments
8.16 W.R. Grace & Co.
8.16.1 Company overview
8.16.2 Product Portfolio
8.16.3 Financial overview
8.16.4 Business strategy
8.16.5 SWOT analysis
8.16.6 Recent developments
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