Title: Oil And Gas Corrosion Protection Market
1Oil And Gas Corrosion Protection Market Market
size, Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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- The oil and gas corrosion protection market size
is estimated to reach US18.3 billion by 2027
after growing at a CAGR of around 5.1 from 2022
to 2027. - Corrosion is a major problem faced by the oil and
gas industry. This is because carbon steel parts
in oil and gas industry are often susceptible to
suffer corrosion damage as they contain carbon
dioxide (CO2) and hydrogen sulfide (H2S) which
are inherently corrosive and cause corrosion on
the internal surfaces of these components, tube
lines, and the component fittings.
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- Key Takeaways
- The growth of the midstream sector which involves
the transportation as well as storage of crude
and refined oil as well as natural gas through
pipelines, barge, oil tankers, trucks, and other)
storage, will drive the demand for oil and gas
corrosion protection systems for this equipment
to protect from corrosive environments. - An increase in demand for organic and green
inhibitors will also create new opportunities in
the oil and gas corrosion protection market.
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By Distribution Channel- Segment Analysis The
coatings segment held the largest share in the
market in 2021 and is expected to grow at a CAGR
of 4.8 between 2022 and 2027. Coatings are
prepared-made from different materials which
include epoxy, alkyd, polyurethanes, and acrylic,
and can be used as an effective corrosion
protection system on pipelines and other
components in the oil and gas industry. Epoxy
resin is the most preferred material used in the
manufacturing of these coatings. This is because
an epoxy resin lining effectively reduces the
friction resistance between the fluid and the
pipe.
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- Oil And Gas Corrosion Protection Market Industry
Outlook - 3M Company
- BASF SE
- AkzoNobel N.V
- Jotun A/S
- Hempel A/S
- Axalta Coating System Ltd.
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Oil And Gas Corrosion Protection Market -
Forecast(2022 - 2027) Learn More About the
Report _at_ https//www.industryarc.com/Research/O
il-And-Gas-Corrosion-Protection-Market-Research-50
3574
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
Inquiry Before Buying
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