Corrosion Inhibitor Market Worth $ 5.98 Billion By 2015 - New Report by MarketsandMarkets
This report describes the major active materials in formulating corrosion inhibitors, their consumption by volume, and their value at the level of sale by the manufacturers to the end consumers. http://goo.gl/oVliru
This report describes the major active materials in formulating corrosion inhibitors, their consumption by volume, and their value at the level of sale by the manufacturers to the end consumers. http://goo.gl/oVliru
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<strong>Corrosion</strong> <strong>Inhibitor</strong> <strong>Market</strong> <strong>Worth</strong> $ <strong>5.98</strong> <strong>Billion</strong> <strong>By</strong> <strong>2015</strong> - <strong>New</strong> <strong>Report</strong> <strong>by</strong><br />
<strong>Market</strong>sand<strong>Market</strong>s<br />
This report describes the major active materials in formulating corrosion inhibitors, their<br />
consumption <strong>by</strong> volume, and their value at the level of sale <strong>by</strong> the manufacturers to the end<br />
consumers. http://www.marketsandmarkets.com/<strong>Market</strong>-<strong>Report</strong>s/Study-<strong>Corrosion</strong>-<strong>Inhibitor</strong>-<br />
<strong>Market</strong>-246.html<br />
(PRWEB) March 01, 2014 -- The “Global <strong>Corrosion</strong> <strong>Inhibitor</strong>s – Water & oil based, organic & inorganic type,<br />
applications, raw materials trends & forecasts (2010 – <strong>2015</strong>)”, analyzes the corrosion inhibitor market <strong>by</strong> type,<br />
applications, and geography and studies the major market drivers, restraints, and opportunities for the corrosion<br />
inhibitor in major geographies of North America, Europe, and Asia.<br />
The global corrosion inhibitor market is expected to grow from $4.80 billion in 2010 to $<strong>5.98</strong> billion in <strong>2015</strong>, at<br />
an estimated CAGR of 4.5% from 2010 to <strong>2015</strong>.<br />
Browse 126 data tables/figures and in-depth TOC on global corrosion inhibitor market.<br />
http://www.marketsandmarkets.com/<strong>Market</strong>-<strong>Report</strong>s/Study-<strong>Corrosion</strong>-<strong>Inhibitor</strong>-<strong>Market</strong>-246.html<br />
Early buyers will receive 10% customization on this report.<br />
Growth in the end-user industries, growth in Asia, increasing scope of applications, focus on innovations to<br />
produce efficient and safe inhibitor remain the key drivers for the corrosion inhibitor market. Rising cost of raw<br />
materials, regulatory issues, and environmental concerns are the key challenges that the industry is facing.<br />
The water based segment, which was estimated to be worth $3.60 billion in 2010, accounted for the largest<br />
share; i.e. 75% of the overall corrosion inhibitor market. This segment is expected to reach $4.54 billion in<br />
<strong>2015</strong>, at a CAGR of 4.8% for the same period. Other growth segments, which are expected to grow at a CAGR<br />
of over 3.6%, are oil based and oil soluble water.<br />
Asia has emerged as the largest market for corrosion inhibitors and accounted for 36% of the overall market in<br />
2010, just edging out Europe at 31% and North America at 27%. The corrosion inhibitor market in North<br />
America was estimated to be worth $1.29 billion in 2010 and is expected to be worth $1.55 billion in <strong>2015</strong>,<br />
growing at a CAGR of 3.7% from 2010 to <strong>2015</strong>.<br />
The report “Global <strong>Corrosion</strong> <strong>Inhibitor</strong>s – Water & oil based, organic & inorganic type, applications, raw<br />
materials trends & forecasts (2010 – <strong>2015</strong>)”, segments the market on three aspects: <strong>by</strong> products, <strong>by</strong><br />
applications, and <strong>by</strong> geography. The market covers a host of corrosion inhibitors <strong>by</strong> six applications such as<br />
power generation, oil & gas and refinery, pulp & paper, metal & mining, chemical processing, and desalination<br />
plant. The second segmentation discusses the corrosion inhibitor formulation market <strong>by</strong> types such as organic<br />
and inorganic compounds. The report also discusses the major technological and market trends along with<br />
market share of major industry players in the corrosion inhibitor market and includes key industry events such<br />
as new product launches, mergers and acquisitions, and agreements. The objective of report is to highlight key<br />
market trends which can be strategically useful and actionable for the stakeholders; i.e. corrosion inhibitor<br />
manufacturers, water treatment chemicals manufactures, raw material suppliers, distributors, importers and<br />
exporters, and research and consulting firms in the corrosion inhibitor industry. The entire report is supported<br />
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with a number of facts and figures about market size, market revenues, and company market share analysis. The<br />
total number of tables and figures are about 126 in the report. The report also forecasts the corrosion inhibitor<br />
market till <strong>2015</strong>.<br />
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