Zion Market Research, the market research group announced the analysis report titled ‘Inorganic Corrosion Inhibitors Market – Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021’
Corrosion is an oxidation reaction with the environment that results in dissolution of a metal surface. Corrosion causes deterioration of the metal. Corrosion inhibitors are the substance that forms the barrier between the environment and metal surface thus preventing the corrosion. Inhibitors can be either organic or inorganic in nature. Organic inhibitors are the organic compounds used for the process of adsorption. The adsorption process, in turn, forms a film thereby protecting metal or material from corrosion.
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The report provides a comprehensive view of the inorganic corrosion inhibitor market we have included a detailed value chain analysis. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the inorganic corrosion inhibitor market has also been included. The study encompasses a market attractiveness analysis, wherein product segments are benchmarked based on their market size, growth rate, and general attractiveness. The report also analyzes several driving and restraining factors and their impact on the market during the forecast period.
Inorganic inhibitors are major found its applications in waste water treatment. This factor drives the growth of inorganic corrosion inhibitor market. The wide use of inorganic corrosion inhibitors in the piping of oil and gas fuels the growth of the market. However, the introduction of ceramic and plastic pipes that possess high durability and corrosion-free environment, is expected to replace the metal pipes this may impede the growth of inorganic corrosion inhibitor market. Nevertheless, ongoing research for the development of chromium and lead-free inhibitors is likely to open new opportunities for the market in the near future.
Based on types the inorganic corrosion inhibitors market can be segmented as anodic and cathodic inhibitors. Anodic inhibitors also are known as passivation inhibitors block anode reaction forming film adsorbed on the metal surface. Cathodic reactions form insoluble compounds which act as the barrier by blocking the cathodic reaction. Inorganic corrosion inhibitors have wide applications in oil and gas industry and in water treatment plants.
North America dominated the inorganic corrosion inhibitor market owing to rapidly growing oil and gas industry and increasing shale gas exploration activity that utilizes maximum inorganic inhibitors for the prevention of corrosion. Asia Pacific and Latin America are fastest growing markets and estimated to experience lucrative growth in the forecast period. This mainly contributes to the high demand for inorganic inhibitors from water treatment, automobile, oil and gas industries. In Europe, inorganic inhibitors are restricted, due to a presence of zinc which impacts on the environment.
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GE Water, BASF SE, Dai-Ichi Karkaria Ltd, AkzoNobel, Cortec Corporation, Champion Technologies Inc, Ashland Inc, Henkel, Dow Chemical Co, W.R Grace Co., Solutia Inc, Daubert Cromwell LLC and Ecolab among others are some of the major players in the organic corrosion inhibitors market.
Inorganic Corrosion Inhibitor Market by Type Segment Analysis: Anodic inhibitors, Cathodic inhibitors
Inorganic Corrosion Inhibitor Market by Application Segment Analysis: Oil and gas industry, Water treatment plants.
Global Inorganic Corrosion Inhibitors Market by Regional Analysis: North America( U.S.), Europe( UK, France, Germany), Asia-Pacific (China, Japan, India), Latin America( Brazil), Middle East and Africa
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