Corrosion Inhibitors Market | Leading Segments, Trends, Drivers and Challenges
Market Recovery and Growth Projections 2021-2025

The corrosion inhibitors market is expected to grow by $ 2.98 bn, accelerating at a CAGR of almost 4.10% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.

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Corrosion Inhibitors Market: Market Segments and Growth Forecasts

This research report will provide insights into the current market share of each segment along with growth projections for the next five years. 

• Market is segmented End-user (Power generation, Oil and gas, Pulp and paper, Metal processing, and Water treatment and others), Type (Precipitation inhibitors, Passivity inhibitors, and Other inhibitors), and Geography (APAC, North America, Europe, MEA, and South America). 
• 42% of the market growth will originate from APAC during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Corrosion Inhibitors Market size. 

Corrosion Inhibitors Market: Trends, Drivers, Challenges
The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.

• Rising investments in power sector will be a significant factor in driving the growth of the Corrosion Inhibitors Market.
• Increasing urbanization and industrialization in APAC will be instrumental in driving the market growth during the forecast period.
• Smart coatings replacing corrosion inhibitors is a hurdle that needs to be crossed on the path to success.

Corrosion Inhibitors Market: Vendor Analysis

• The market is fragmented.
• The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
• Akzo Nobel NV, Ashland Global Holdings Inc., BASF SE, DuPont de Nemours Inc., Ecolab Inc., Evonik Industries AG, General Electric Co., Israel Chemicals Ltd., Schlumberger Ltd., and Solvay SA are some of the major market participants.

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The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market is accelerate at a CAGR of over 4.10%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by $ 2.98 bn through 2021-2025.
    
3. What is a key factor driving this market?
   Rising investments in power sector will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   APAC, North America, Europe, MEA, and South America are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market:
   42% growth will originate from APAC
    
6. Who are the leading market vendors?
   The leading vendors in this market are Akzo Nobel NV, Ashland Global Holdings Inc., BASF SE, DuPont de Nemours Inc., Ecolab Inc., Evonik Industries AG, General Electric Co., Israel Chemicals Ltd., Schlumberger Ltd., and Solvay SA
    
7. What are the market segments covered in this report?
   The market is segmented by End-user (Power generation, Oil and gas, Pulp and paper, Metal processing, and Water treatment and others), Type (Precipitation inhibitors, Passivity inhibitors, and Other inhibitors), and Geography (APAC, North America, Europe, MEA, and South America)