Corrosion Inhibitors Market Size to exceed $8.8 Billion by 2023: Global Market Insights, Inc. - PowerPoint PPT Presentation

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Corrosion Inhibitors Market Size to exceed $8.8 Billion by 2023: Global Market Insights, Inc.

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Corrosion Inhibitors market size is set to grow from over 5,100 kilo tons in 2015, at more than 4% CAGR up to 2023. – PowerPoint PPT presentation

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Title: Corrosion Inhibitors Market Size to exceed $8.8 Billion by 2023: Global Market Insights, Inc.


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Corrosion Inhibitors Market 2016 2023
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Global Market Scenario of Corrosion Inhibitors
  • Corrosion Inhibitors market size is set to grow
    from over 5,100 kilo tons in 2015, at more than
    4 CAGR up to 2023. 
  • Global corrosion Inhibitors market report
    analysis anticipates industry revenue to exceed
    USD 8.8 billion by 2023.
  • Global water treatment chemicals market
    expectations forecast over USD 31 billion revenue
    by 2023. Rising demand for clean and pure water
    in various industrial sectors such as chemicals,
    electronics and medical is expected to drive
    growth.
  • Strong APAC infrastructure spending indicators
    are likely to offer promising growth
    opportunities for industry participants. 
  • https//www.gminsights.com/industry-analysis/corro
    sion-inhibitors-market

3
Continue.....
  • These products are used to coat steel, steel
    bars, steel nuts and bolts and other
    infrastructural metal components.
  • Development and commercialization of sustainable
    or green corrosion inhibitors market could see an
    evolution in product technology as well as
    demand.
  • Extensive and focused RD is underway on certain
    natural sources such as onion, potato, gelatin
    and seeds to test their efficacy.
  • ncreased usage has resulted in appropriate
    measures being taken for disposal. Inappropriate
    disposal affects the environment adversely as
    chromium, zinc, phosphorous, nitrogen and oxygen
    atoms are some key raw materials. 
  • https//www.gminsights.com/industry-analysis/corro
    sion-inhibitors-market

4
MEA corrosion inhibitors market size, by end-use,
(USD Million) 2012-2023
https//www.gminsights.com/industry-analysis/corro
sion-inhibitors-market

5
360 Analysis
  • Application Analysis
  • Water based corrosion inhibitors market size is
    set to exceed USD 6.7 billion revenue by 2023.
    These applications are expected to witness
    growth, driven by increasing water treatment
    needs and demographic indicators.
  • Regional Analysis
  • U.S. corrosion inhibitors market size should see
    over 4 growth from 2016 to 2023. Cement
    concrete, industrial coatings and metal
    applications will be key demand drivers, with
    positive infrastructure outlook expects over the
    next six years.
  • Europe industry demand is set to hit 1,900 kilo
    tons by 2023. Growth of mining, oil gas,
    manufacturing and construction in the EU is
    expected to fuel penetration. 
  • APAC, predominantly China and India corrosion
    inhibitors market share, should see over USD 3
    billion industry revenue by 2023. 
  • Competitive Market Share
  • Global corrosion inhibitors market share is
    moderately consolidated, with Ecolab, GE, Ashland
    and BASF together accounting for less than 50 of
    global consumption in 2015. 
  • Dow, DuPont, Champion Technologies, Lubrizol,
    AkzoNobel, Cytec, Halox, Eastman, Daubert,
    Dai-Ichi, Henkel and Cortec are other prominent
    companies in the global market space.


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Latest Research Report On Corrosion Inhibitors 
Market _at_ https//www.gminsights.com/industry-analy
sis/corrosion-inhibitors-market Download Latest
Report PDF _at_ https//www.gminsights.com/request-sa
mple/detail/389
7
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www.gminsights.com
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