Marketsandmarkets: Global Corrosion Inhibitor Market Worth $ 5.98 Billion by 2015By Marketsandmarkets, PRNE
Thursday, March 17, 2011
DALLAS, March 18, 2011 - The "Global Corrosion Inhibitors - Water & oil based, organic & inorganic
type, applications, raw materials trends & forecasts (2010 - 2015)" report
analyzes the corrosion inhibitor market by type, applications, and geography
and studies the major market drivers, restraints, and opportunities for the
corrosion inhibitor in major geographies of North America, Europe, and Asia.
The global corrosion inhibitor market is expected to grow from $4.80
billion in 2010 to $5.98 billion in 2015, at an estimated CAGR of 4.5% from
2010 to 2015.
Browse 126 data tables/figures and in-depth TOC on global corrosion
inhibitor market. Early buyers will receive 10% customization on reports.
(Due to the length of this URL, it may be necessary to copy and paste
this hyperlink into your Internet browser's URL address field. Remove the
space if one exists.)
Growth in the end-user industries, growth in Asia, increasing scope of
applications, focus on innovations to produce efficient and safe inhibitor
remain the key drivers for the corrosion inhibitor market. Rising cost of raw
materials, regulatory issues, and environmental concerns are the key
challenges that the industry is facing.
The water based segment, which was estimated to be worth $3.60 billion in
2010, accounted for the largest share; i.e. 75% of the overall corrosion
inhibitor market. This segment is expected to reach $4.54 billion in 2015, at
a CAGR of 4.8% for the same period. Other growth segments, which are expected
to grow at a CAGR of over 3.6%, are oil based and oil soluble water.
Asia has emerged as the largest market for corrosion inhibitors and
accounted for 36% of the overall market in 2010, just edging out Europe at
31% and North America at 27%. The corrosion inhibitor market in North America
was estimated to be worth $1.29 billion in 2010 and is expected to be worth
$1.55 billion in 2015, growing at a CAGR of 3.7% from 2010 to 2015.
The report "Global Corrosion Inhibitors - Water & oil based, organic &
inorganic type, applications, raw materials trends & forecasts (2010 - 2015)"
segments the market on three aspects: by products, by applications, and by
geography. The market covers a host of corrosion inhibitors by six
applications such as power generation, oil & gas and refinery, pulp & paper,
metal & mining, chemical processing, and desalination plant. The second
segmentation discusses the corrosion inhibitor formulation market by types
such as organic and inorganic compounds. The report also discusses the major
technological and market trends along with market share of major industry
players in the corrosion inhibitor market and includes key industry events
such as new product launches, mergers and acquisitions, and agreements. The
objective of report is to highlight key market trends which can be
strategically useful and actionable for the stakeholders; i.e. corrosion
inhibitor manufacturers, water treatment chemicals manufactures, raw material
suppliers, distributors, importers and exporters, and research and consulting
firms in the corrosion inhibitor industry. The entire report is supported
with a number of facts and figures about market size, market revenues, and
company market share analysis. The total number of tables and figures are
about 126 in the report. The report also forecasts the corrosion inhibitor
market till 2015.
MarketsandMarkets (M&M) is a global market research and consulting
company based in the U.S. We publish strategically analyzed market research
reports and serve as a business intelligence partner to Fortune 500 companies
across the world.
MarketsandMarkets also provides multi-client reports, company profiles,
databases, and custom research services. M&M covers thirteen industry
verticals; including advanced materials, automotives and transportation,
banking and financial services, biotechnology, chemicals, consumer goods,
energy and power, food and beverages, industrial automation, medical devices,
pharmaceuticals, semiconductor and electronics, and telecommunications and
We at MarketsandMarkets are inspired to help our clients grow by
providing apt business insight with our huge market intelligence repository.
To know more about us and our reports, please visit our website
Contact: Mr. Rohan 7557 Rambler Road, Suite 727, Dallas, TX 75231 Tel: +1-888-600-6441 Email: firstname.lastname@example.org www.marketsandmarkets.com marketsandmarkets.blogspot.com
Mr. Rohan, 7557 Rambler Road, Suite 727, Dallas, TX 75231, Tel: +1-888-600-6441, Email: sales at marketsandmarkets.com
Tags: Dallas, March 18, MarketsandMarkets, texas