Organic Corrosion Inhibitors Market is expected to reach 4220 million US$ by 2025 – QY Research

Sep 10, 2018

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Los Angeles, USA - September 10, 2018 /MarketersMedia/ —

This report studies the Organic Corrosion Inhibitors market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Corrosion processes are responsible for numerous losses mainly in the industrial scope. It is

clear that the best way to combat it is prevention. Among the various methods to avoid or prevent destruction or degradation of metal surface, the corrosion inhibitor is one of the best know methods of corrosion protection and one of the most useful on the industry. According to the chemical nature, the corrosion inhibitors can be divided into organic or inorganic.

Organic corrosion inhibitors mainly include amines, phosphonates, benzotriazole and other. Organic corrosion inhibitors are widely used in water treatment, metal treatment and other fields to inhibit corrosion.

Corrosion processes are responsible for numerous losses mainly in the industrial scope. It is

clear that the best way to combat it is prevention. The corrosion inhibitor is one of the best know methods of corrosion protection and one of the most useful on the industry. Organic corrosion inhibitor is a kind of important type in corrosion inhibitors. According to the different of functional groups, it can be divided into amines, phosphonates, benzotriazole and other. Amines are the most important organic corrosion inhibitor, taking 44.44% of the global production in 2016. Organic corrosion inhibitor have many applications such as Power Generation, Oil & Gas and Refinery, Pulp & Paper, Metal & Mining and Chemical Processing. Power Generation takes 27.15% of the global organic corrosion inhibitor consumption in 2016 which is the biggest share.

The market concentrate is not high. The main manufactures include Ecolab, GE Water, Solenis, Afton Chemical, AkzoNobel, Baker Hughes, Angus Chemical Company, BASF and so on. Ecolab owns the biggest market share, in 2016 the supply volume was 123.70 MT, taking 10.35% of the global consumption volume.

In the world, North America, China and Europe are the main consumption regions. In 2016, the consumption volumes were 297.13 K MT in North America, 221.63 K MT in Europe and 223.58 K MT in China.

The global Organic Corrosion Inhibitors market was 3450 million US$ in 2017 and is expected to 4220 million US$ by the end of 2025, growing at a CAGR of 2.6% between 2018 and 2025.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Organic Corrosion Inhibitors in these regions, from 2013 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Ecolab

GE Water

Solenis

Afton Chemical

AkzoNobel

Baker Hughes

Angus Chemical Company

BASF

Cortec Corporation

ChemTreat

Lubrizol

Clariant

Schlumberger

ICL Advanced Additives

Halliburton

LANXESS

Arkema

Lonza

King Industries

Daubert Chemical

Henan Qingshuiyuan

Shandong Taihe Water Treatment

Kurita

By the product type, the market is primarily split into

Amines

Phosphonates

Benzotriazole

Other

By the end users/application, this report covers the following segments

Power Generation

Oil & Gas and Refinery

Pulp & Paper

Metal & Mining

Chemical Processing

Other

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