Corrosion Inhibiting Compounds is chemical compound that, when added to a liquid or gas, decreases the corrosion rate of a material, typically a metal or an alloy.The effectiveness of a corrosion inhibitor depends on fluid composition, quantity of water, and flow regime. A common mechanism for inhibiting corrosion involves formation of a coating, often a passivation layer, which prevents access of the corrosive substance to the metal. Permanent treatments such as chrome plating are not generally considered inhibitors, however. Instead corrosion inhibitors are additives to the fluids that surround the metal or related object.
This report contains market size and forecasts of Corrosion Inhibiting Compounds in global, including the following market information:
Global Corrosion Inhibiting Compounds Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Corrosion Inhibiting Compounds Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Corrosion Inhibiting Compounds companies in 2021 (%)
The global Corrosion Inhibiting Compounds market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Water-Based Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Corrosion Inhibiting Compounds include Air Products and Chemicals Inc., Akzo Nobel NV, Ashland Inc., Anticorrosion Protective Systems LLC, BASF SE, Champion Technologies Inc., Chemtreat Inc., Cytec Industries Inc. and Cortec Corporation, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Corrosion Inhibiting Compounds manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Corrosion Inhibiting Compounds Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Corrosion Inhibiting Compounds Market Segment Percentages, by Type, 2021 (%)
Water-Based
Oil-Based/Solvent
Global Corrosion Inhibiting Compounds Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Corrosion Inhibiting Compounds Market Segment Percentages, by Application, 2021 (%)
Power Generation
Oil & Gas Refinery
Pulp & Paper
Metal & Mining
Chemical Processing
Desalination Plant
Others
Global Corrosion Inhibiting Compounds Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Corrosion Inhibiting Compounds Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Corrosion Inhibiting Compounds revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Corrosion Inhibiting Compounds revenues share in global market, 2021 (%)
Key companies Corrosion Inhibiting Compounds sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Corrosion Inhibiting Compounds sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Air Products and Chemicals Inc.
Akzo Nobel NV
Ashland Inc.
Anticorrosion Protective Systems LLC
BASF SE
Champion Technologies Inc.
Chemtreat Inc.
Cytec Industries Inc.
Cortec Corporation
Daubert Cromwell LLC
DOW Chemical
Halox Inc.
Henkel AG & Co.
Kurita Water Industries Ltd