Corrosion Inhibitors Market Globally Grow at a CAGR of 4.87% by Revenue During the Forecast Period 2017-2021

Corrosion inhibitors are chemicals that are added in low concentrations to reduce the corrosion rate of metals or alloys. They significantly reduce the deterioration of the material and enhance the lifespan of the structures or components made of metals. Corrosion inhibitors can be classified into precipitation inhibitors, passivity inhibitors, and others (cathodic inhibitors and volatile corrosion inhibitors) based on the type. Corrosion inhibitors can be categorized into organic and inorganic corrosion inhibitors. Amines, cyclic amines, quaternary amidoamines, benzotriazoles, phosphonates, diethyl amines, imidazolines, fatty acids, and nitrates are classified under organic inhibitors.

Technavios analysts forecast the global Corrosion Inhibitors market to grow at a CAGR of 4.87% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global corrosion inhibitors market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price for the product.

The market is divided into the following segments based on geography:
APAC
Europe
North America
ROW

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Technavio's report, Global Corrosion Inhibitors Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Ashland
BASF
DuPont
General Electric
Ecolab

Other prominent vendors
Afton Chemical
ChemTreat
CRC Industries
Eastman Chemical Company
ICL
Schlumberger

Market driver
Increasing urbanization and industrialization in APAC
For a full, detailed list, view our report

Market challenge
Smart coatings replacing corrosion inhibitors
For a full, detailed list, view our report

Market trend
Changing preference toward environment-friendly corrosion inhibitors
For a full, detailed list, view our report

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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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