Global Corrosion and Scale Inhibitors Market, By Product (Phosphonate Scale Inhibitor, Carboxylate/Acrylic Scale Inhibitor, Sulfonate Scale Inhibitor, Others), Application (Power and Construction Industry, Mining Industry, Oil and Gas Industry, Water and Wastewater Treatment Industry, Food and Beverage Industry), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Corrosion and Scale Inhibitors Market
The corrosion and scale inhibitors market will reach at an estimated value of USD 12.24 billion and grow at a rate of 6.50% for the forecast period of 2021 to 2028. Increasing demand from oil & gas industry is a vital factor driving the growth of corrosion and scale inhibitors market.
Scale inhibitors are a type of chemical whose main applications is the treatment of fluids, as it helps in avoiding any accumulation of formation of undesirable materials in the fluid they are used in. These chemicals are used constantly for the prevention of any material formulation in the container of fluids.
Increasing wide availability of scale inhibitors is the vital factor escalating the market growth, also rising demand of biodegradable scale inhibitors, increasing growth in demand of scale inhibitors from the various industries, rise in demand for biodegradable and efficient scale inhibitors, rising waste water treatment plants and upcoming government projects towards water and waste water treatment, such as India’s Namami Gange projects, along with rising potable water demand, due to ongoing surge in urbanization in emerging markets such as China and India are the major factors among others driving the corrosion and scale inhibitors market. Moreover, rise in the offshore spending and rising potential new oilfield discovery will further create new opportunities for the corrosion and scale inhibitors market in the forecast period of 2021- 2028.
However, increasing fluctuations and vulnerability in prices of raw materials required for the production of raw materials, rising environmental and handling effects of scale inhibitors and rising concerns regarding the usage of scale inhibitors and its impact are the major factors among others acting as restraints, while increasing current low oil prices and rising geopolitics and political unrest will further challenge the growth of corrosion and scale inhibitors market in the forecast period mentioned above.
This corrosion and scale inhibitors market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on corrosion and scale inhibitors market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Corrosion and Scale Inhibitors Market Scope and Market Size
The corrosion and scale inhibitors market is segmented on the basis of product, application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on product, the corrosion and scale inhibitors market is segmented into phosphonate scale inhibitor, carboxylate/acrylic scale inhibitor, sulfonate scale inhibitor and others.
- The corrosion and scale inhibitors market is also segmented on the basis of application into power and construction industry, mining industry, oil and gas industry, water and wastewater treatment and food and beverage industry.
Corrosion and Scale Inhibitors Market Country Level Analysis
The corrosion and scale inhibitors market is analysed and market size, volume information is provided by country, product and application as referenced above.
The countries covered in the corrosion and scale inhibitors market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the corrosion and scale inhibitors market due to rising wide availability of scale inhibitors, rising demand of biodegradable scale inhibitors, increasing growth in demand of scale inhibitors from the various industries and rise in demand for biodegradable and efficient scale inhibitors in this region. Europe is the expected regions in terms of growth in corrosion and scale inhibitors market due to increasing growth in demand of scale inhibitors from the various industries, rise in demand for biodegradable and efficient scale inhibitors and rising waste water treatment plants and upcoming government projects towards water and waste water treatment in this region.
The country section of the corrosion and scale inhibitors market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Corrosion and Scale Inhibitors Market Share Analysis
The corrosion and scale inhibitors market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to corrosion and scale inhibitors market.
The major players covered in the corrosion and scale inhibitors market report are Clariant, Kemira, GENERAL ELECTRIC, Dow, Lenntech B.V., Solvay, Ashland, Avista Technologies Inc., Innovative Chemical Technologies, BASF SE, Ecolab, Akzo Nobel N.V., Gulf Coast Chemical LLC, Henkel AG & Co. KGaA, Innospec, Eastman Chemical Company, Dai-ichi India Pvt Ltd, Cortec Corporation, Suez Environnement, Arkema, and Solenis among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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