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Corrosion Inhibitors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019

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Due to the high demand for corrosion inhibitors mainly from the industrial sector, the global corrosion inhibitors market is expected to grow significantly during the period between 2013 and 2019. The global corrosion inhibitors market was worth US$
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Research
Corrosion Inhibitors Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast, 2013 - 2019
Published Date
03-Sept-2013
137 Page Report
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Press Release
Global Corrosion Inhibitors Market to be Worth US$7.14
Billion by 2019 : TMR
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Corrosion Inhibitors Market
REPORT DESCRIPTION
Corrosion Inhibitors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013
- 2019
Due to the high demand for corrosion inhibitors mainly from the industrial sector, the global corrosion inhibitors
market is expected to grow significantly during the period between 2013 and 2019. The global corrosion
inhibitors market was worth US$5.20 billion in 2012 and due to positive growth at a CAGR of 4.7% during the
forecast period, the market is expected to reach US$7.14 billion in 2019.
Environmental Regulations to Restrict Growth of Global Corrosion Inhibitors Market
Corrosion inhibitors, normally distributed from a solution or dispersion, form a layer over a metallic substrate,
thereby reducing the destruction and degradation of the metals. Phosphonates, triazoles, and molybdates are
the common inorganic and organic chemicals used in corrosion inhibitors. Since water accelerates corrosion in
metals, the growth of the water treatment chemicals market will be one of the key market drivers of the global
corrosion inhibitors market. Development in infrastructure has led to rising construction activities across the
globe. This has boosted the demand for corrosion inhibitors to save the metals used in construction from
corrosion.
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However, corrosion inhibitors are usually chemicals with high level of toxicity and bioaccumulation.
Environmental issues related to the raw materials in corrosion inhibitors will hamper the growth of the global
corrosion inhibitors market. This restraint has emerged as an opportunity for key players, as manufacturers are
now focusing on green corrosion inhibitors, which are biodegradable and environment-friendly. Application of
nanotechnology in corrosion inhibition will open further opportunities for the global corrosion inhibitors market.
Organic Corrosion Inhibitors Accounted for More than 70% of Global Corrosion Inhibitors Market
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The global corrosion inhibitors market has been broadly segmented into organic and inorganic corrosion
inhibitors. In 2012, the global corrosion inhibitors market was dominated by organic corrosion inhibitors,
accounting for more than 70% of the total market. In terms of application, the global corrosion inhibitors market
is divided into water-based corrosion inhibitors and oil/solvent-based corrosion inhibitors. Water-based
corrosion inhibitors are low foam and are usually designed to protect metals such as copper, brass, bronze,
and iron. Some of the water-based corrosion inhibitors are also used on steel surfaces. Oil/solvent-based
corrosion inhibitors are non-staining and water-displacing preventives that provide humidity and salt-spray
protection. These are used over alloys such as zinc phosphate, black oxide, and bare ferrous alloys. The
water-based corrosion inhibitors segment accounted for more than 75% of the global corrosion inhibitors
market in 2012.
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Power Generation Segment Held the Majority Share of the Global Corrosion Inhibitors Market
Industries such as oil and gas, pulp and paper, metal processing, chemicals processing, power generation, and
others are the main end-use segments of the global corrosion inhibitors market. Power generation led the
global corrosion inhibitors market, accounting for more than 25% of the global demand in 2012. Due to the
presence of corrosive materials in crude oil which results in the corrosion of the equipment and pipelines, the
oil and gas segment accounted for 19.4% of the global corrosion inhibitors market.
Asia Pacific was Key Regional Segment of Global Corrosion Inhibitors Market in 2012
Region-wise, Asia Pacific region held more than 35% of the global corrosion inhibitors market, thereby
becoming the largest regional segment of the market in 2012. In the same year, Europe and North America
together accounted for 50% of the global demand. Infrastructural development combined with construction
activities has led to the growth of the global corrosion inhibitors market in these regions.
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Corrosion Inhibitors Market
The key players of the global corrosion inhibitors market include Lubrizol, AkzoNobel, Cortec, Champion
Technologies, BASF SE, Dow, Ecolab, and Solutia.
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TABLE OF CONTENT
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)
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
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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
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)
Chapter 5 Corrosion Inhibitors Market: Application Analysis
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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
6.2.2.1 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
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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)
7.2.3.1 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)
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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)
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)
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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)
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)
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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)
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)
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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
8.2.5 Business strategy
8.2.6 Recent Developments
8.3 BASF SE
8.3.1 Company overview
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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
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8.6.3 Financial overview
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
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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
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
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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
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
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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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