Global Corrosion Inhibitors Industry Forecasts Report Analysis
Added: (Mon May 09 2022)
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According to Stratistics MRC, Corrosion Inhibitors Market Value is expected to reach $12.82 billion by 2028 growing at a CAGR of 6.9% during the forecast period.
Corrosion inhibitors are chemical compounds that prevent or reduce the rate of corrosion of the metals or alloys exposed to the environment. They are available in different forms. Corrosion inhibitors have been hugely beneficial in the construction industry and metallurgical functioning.
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By geography, Asia Pacific is projected to hold the largest market share, owing to the rapid industrialization in the region, which has triggered the demand from the power generation and several other end-use industries. The growing chemical and metalworking sectors in developing economies of the region, including India and China, are also projected to contribute significantly to the market in the near future. Moreover, the rising number of end-use industries in the region is also leading to innovations and developments in the field of corrosion inhibitor, thereby fueling the growth of the regional market.
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Some of the key players profiled in the Corrosion Inhibitors Market include BASF SE, Baker Hughes Incorporated, Solenis LLC, Dow Chemical Company, Henkel, Lanxess, Championx, Nouryon, Ecolab/Nalco Water, Lubrizol, Suez, Eastman Chemical Company, Ashland, Clariant, and Lonza.
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2026, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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