Corrosion inhibitors are chemical compounds that are added in small concentration to a fluid to minimize or prevent the corrosion-related problems triggered by widely varying processing conditions and concentrations of salts and water at different stages of oil and gas production processes.
Oilfield corrosion inhibitors are widely used in the petroleum industry. From oil drilling, mining, gathering and transportation to refining, corrosion inhibitors are often used. Especially in the development of high-sulfur oil and gas fields, due to the severe corrosion of hydrogen sulfide gas to drill pipe equipment and tubing and casing, corrosion inhibitors resistant to hydrogen sulfide corrosion must be used. For oil and gas wells to be acidified, high temperature acidification corrosion inhibitors must be used; in addition，oilfield oily wastewater treatment and re-injection should also use corrosion inhibitors for anti-corrosion treatment.
This report contains market size and forecasts of Oilfield Corrosion Inhibitor in global, including the following market information:
Global Oilfield Corrosion Inhibitor Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Oilfield Corrosion Inhibitor Market Sales, 2017-2022, 2023-2028, (K Tons)
Global top five Oilfield Corrosion Inhibitor companies in 2021 (%)
The global Oilfield Corrosion Inhibitor market was valued at 1873.6 million in 2021 and is projected to reach US$ 2468.8 million by 2028, at a CAGR of 4.0% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Organic Corrosion Inhibitor Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Oilfield Corrosion Inhibitor include Ecolab, GE (Baker Hughes), SUEZ Water Technologies & Solutions, Halliburton, Schlumberger, Lubrizol, Solenis, BASF and Clariant, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Oilfield Corrosion Inhibitor 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 Oilfield Corrosion Inhibitor Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Tons)
Global Oilfield Corrosion Inhibitor Market Segment Percentages, by Type, 2021 (%)
Organic Corrosion Inhibitor
Inorganic Corrosion Inhibitors
Global Oilfield Corrosion Inhibitor Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Tons)
Global Oilfield Corrosion Inhibitor Market Segment Percentages, by Application, 2021 (%)
Oilfield Drilling System
Oilfield Gathering and Transportation Systems
Others
Global Oilfield Corrosion Inhibitor Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Tons)
Global Oilfield Corrosion Inhibitor 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 Oilfield Corrosion Inhibitor revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Oilfield Corrosion Inhibitor revenues share in global market, 2021 (%)
Key companies Oilfield Corrosion Inhibitor sales in global market, 2017-2022 (Estimated), (K Tons)
Key companies Oilfield Corrosion Inhibitor sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Ecolab
GE (Baker Hughes)
SUEZ Water Technologies & Solutions
Halliburton
Schlumberger
Lubrizol
Solenis
BASF
Clariant
ICL Advanced Additives
LANXESS
Lonza
Daubert Chemical