DUBLIN, April 25, 2014 /PRNewswire/ --
Dublin - Research and Markets (http://www.researchandmarkets.com/research/dx8jzd/corrosion) has announced the addition of the "Corrosion Inhibitors (Organic And Inorganic) - Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2013 - 2019" report to their offering.
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Growth of the water treatment market is expected to boost demand for corrosion inhibitors. In addition, the increasing use of corrosion inhibitors for various steel and iron equipment within the construction industry is expected to contribute to the growth of the market. However, several environmental issues associated with raw materials are expected to hamper the growth of the market. Advanced technology which has resulted in the increasing use of green inhibitors and application of nanotechnology in corrosion inhibitors is expected to open new opportunities for the growth of the market over the next few years.
Organic inhibitors accounted for the largest product segment present within the corrosion inhibitors market with over 70% of the market in 2012. The absence of metals in organic corrosion inhibitors results in the prevention of unwanted chemical reactions. The increasing use of organic inhibitors in the oil & gas and construction sector is expected to drive the demand for this product segment. Organic inhibitors are expected to be the fastest growing segment within the forecast period due to the growing preference of consumers. Inorganic inhibitors such as molybdates are widely used in water treatment.
Water-based corrosion inhibitors dominated the market for corrosion inhibitors accounting for over 75% in 2012. Rising awareness regarding the harmful effects of volatile organic compound (VOC) emissions on human life coupled with low or negligible VOC emissions from water-based corrosion inhibitors is expected to the drive the demand for this application segment over the next few years. In addition, the growing demand for water-based corrosion inhibitors in high temperature applications such as oil extraction and refining is expected to be another factor contributing to the growth of the market. Oil/solvent based corrosion inhibitors are used in applications which require constant performance over long durations of time and continuous film thickness which provides uniform protection. They are used in applications such as automobiles and electronics.
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Corrosion Inhibitors: Industry Analysis
Chapter 4 Corrosion Inhibitors Market: Product Segment Analysis
Chapter 5 Corrosion Inhibitors Market: Application Analysis
Chapter 6 Corrosion Inhibitors Market: End-use Analysis
Chapter 7 Corrosion Inhibitors Market: Regional Analysis
Chapter 8 Company Profiles
- AkzoNobel N.V.
- Ashland Inc.
- BASF SE
- Champion Technologies Inc.
- Cortec Corporation
- Cytec Industries Inc.
- Dai-Ichi Karkaria Ltd.
- Daubert Cromwell LLC
- Dow Chemical Company
- GE Water & Process Technologies
- Henkel AG & Company, KGaA
- Marott Graphic Services
- Solutia Inc.
- The Lubrizol Corporation
- W.RGrace & Co.
For more information visit http://www.researchandmarkets.com/research/dx8jzd/corrosion
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SOURCE Research and Markets