#Corrosion Inhibitors Market Share
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Corrosion Inhibitors Market 2027 Outlook, Regions, Size Estimation and Upcoming Trend
The global corrosion inhibitors market was valued at USD 7.4 billion in 2019 and is projected to grow at a compound annual growth rate (CAGR) of 3.8% from 2020 to 2027. This anticipated growth is primarily driven by advancements in biobased and eco-friendly corrosion inhibitors, which align with the market's shift toward sustainability. Such a shift is expected to foster increased acceptance of corrosion inhibitors among eco-conscious industries. Corrosion inhibitors work by forming a protective barrier on surfaces, preventing moisture a key factor in corrosion from reaching the underlying material.
The mechanisms through which organic corrosion inhibitors operate include interfacial activity, anodic and cathodic activity, barrier activity, and adsorption activity. In contrast, inorganic corrosion inhibitors function via mechanisms such as anodic and cathodic passivation, anion exchange, and saponification. Research and development have been crucial in advancing corrosion mitigation technologies, and innovation in this area has led to numerous product improvements, as manufacturers have heavily invested in R&D to enhance product performance.
However, in the U.S., the corrosion inhibitors market has been influenced by regulatory standards regarding product toxicity. While phosphate-based corrosion inhibitors are widely used in water systems, their application is regulated due to concerns regarding environmental and wastewater treatment impacts, as well as reactions with aluminum.
Gather more insights about the market drivers, restrains and growth of the Corrosion Inhibitors Market
Regional Insights:
Asia Pacific Corrosion Inhibitors Market Trends
In 2019, the Asia Pacific region dominated the global market with a 36.3% share and is expected to be one of the fastest-growing regions in the coming years. This growth is attributed to rapid industrialization, which has increased demand from power generation and various other industries. Developing economies in Asia, such as India and China, are also seeing rising demand in the chemical and metalworking sectors, which further supports market growth.
Europe Corrosion Inhibitors Market Trends
In Europe, the market for corrosion inhibitors is strong due to significant water consumption in industries like sugar, ethanol, and petrochemical production. Effective water treatment is essential to support corrosion control in Europe, helping to preserve the operational integrity of heat transfer systems and improve the energy efficiency of process units.
Browse through Grand View Research's Category Organic Chemicals Industry Research Reports.
The global mixed mode chromatography resin market size was estimated at USD 117.5 million in 2024 and is expected to grow at a CAGR of 12.3% from 2025 to 2030.
The global 2-ethylhexanol market was estimated at USD 6.50 billion in 2024 and is expected to grow at a CAGR of 2.8% from 2025 to 2030.
Key Companies & Market Share Insights
The market for corrosion inhibitors is highly fragmented, with a large number of companies competing to meet the high demand from end-users. Key industry players focus on customized production, leveraging advanced technologies and implementing strategic measures, such as long-term agreements and mergers, to expand their market presence and increase revenue. Many manufacturers have integrated their operations across the value chain to enhance efficiency. For example, Arkema has achieved backward integration by using renewable raw materials in its production processes, while The Lubrizol Corporation is forward integrated, using its corrosion inhibitors in the formulation of its fuel additives, such as PowerZol 9548A. Cortec Corporation produces a range of high-strength release components and coating products, utilizing its proprietary Migratory Corrosion Inhibitors (MCIs). Additionally, SUEZ supplies corrosion inhibitors for various water treatment projects, showcasing the diverse applications and market reach of these companies.
This competitive landscape is characterized by companies strategically positioning themselves through innovation, integration, and collaboration to meet the evolving needs of a growing market.
Key Corrosion Inhibitors Companies
Nouryon
Cortec Corporation
Ashland
Ecolab
Henkel Ibérica, S.A.
The Lubrizol Company
BASF SE
Dow
DuPont de Nemours, Inc.
Baker Hughes, a GE company LLC
Order a free sample PDF of the Corrosion Inhibitors Market Intelligence Study, published by Grand View Research.
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Corrosion Inhibitors Industry Development Trends Report By 2027
The global corrosion inhibitors market was valued at USD 7.4 billion in 2019 and is projected to grow at a compound annual growth rate (CAGR) of 3.8% from 2020 to 2027. This anticipated growth is primarily driven by advancements in biobased and eco-friendly corrosion inhibitors, which align with the market's shift toward sustainability. Such a shift is expected to foster increased acceptance of corrosion inhibitors among eco-conscious industries. Corrosion inhibitors work by forming a protective barrier on surfaces, preventing moisture a key factor in corrosion from reaching the underlying material.
The mechanisms through which organic corrosion inhibitors operate include interfacial activity, anodic and cathodic activity, barrier activity, and adsorption activity. In contrast, inorganic corrosion inhibitors function via mechanisms such as anodic and cathodic passivation, anion exchange, and saponification. Research and development have been crucial in advancing corrosion mitigation technologies, and innovation in this area has led to numerous product improvements, as manufacturers have heavily invested in R&D to enhance product performance.
However, in the U.S., the corrosion inhibitors market has been influenced by regulatory standards regarding product toxicity. While phosphate-based corrosion inhibitors are widely used in water systems, their application is regulated due to concerns regarding environmental and wastewater treatment impacts, as well as reactions with aluminum.
Gather more insights about the market drivers, restrains and growth of the Corrosion Inhibitors Market
Regional Insights:
Asia Pacific Corrosion Inhibitors Market Trends
In 2019, the Asia Pacific region dominated the global market with a 36.3% share and is expected to be one of the fastest-growing regions in the coming years. This growth is attributed to rapid industrialization, which has increased demand from power generation and various other industries. Developing economies in Asia, such as India and China, are also seeing rising demand in the chemical and metalworking sectors, which further supports market growth.
Europe Corrosion Inhibitors Market Trends
In Europe, the market for corrosion inhibitors is strong due to significant water consumption in industries like sugar, ethanol, and petrochemical production. Effective water treatment is essential to support corrosion control in Europe, helping to preserve the operational integrity of heat transfer systems and improve the energy efficiency of process units.
Browse through Grand View Research's Category Organic Chemicals Industry Research Reports.
The global mixed mode chromatography resin market size was estimated at USD 117.5 million in 2024 and is expected to grow at a CAGR of 12.3% from 2025 to 2030.
The global 2-ethylhexanol market was estimated at USD 6.50 billion in 2024 and is expected to grow at a CAGR of 2.8% from 2025 to 2030.
Key Companies & Market Share Insights
The market for corrosion inhibitors is highly fragmented, with a large number of companies competing to meet the high demand from end-users. Key industry players focus on customized production, leveraging advanced technologies and implementing strategic measures, such as long-term agreements and mergers, to expand their market presence and increase revenue. Many manufacturers have integrated their operations across the value chain to enhance efficiency. For example, Arkema has achieved backward integration by using renewable raw materials in its production processes, while The Lubrizol Corporation is forward integrated, using its corrosion inhibitors in the formulation of its fuel additives, such as PowerZol 9548A. Cortec Corporation produces a range of high-strength release components and coating products, utilizing its proprietary Migratory Corrosion Inhibitors (MCIs). Additionally, SUEZ supplies corrosion inhibitors for various water treatment projects, showcasing the diverse applications and market reach of these companies.
This competitive landscape is characterized by companies strategically positioning themselves through innovation, integration, and collaboration to meet the evolving needs of a growing market.
Key Corrosion Inhibitors Companies
Nouryon
Cortec Corporation
Ashland
Ecolab
Henkel Ibérica, S.A.
The Lubrizol Company
BASF SE
Dow
DuPont de Nemours, Inc.
Baker Hughes, a GE company LLC
Order a free sample PDF of the Corrosion Inhibitors Market Intelligence Study, published by Grand View Research.
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Corrosion Inhibitors Market Key Companies and Emerging Trends, 2027
The global corrosion inhibitors market size was valued at USD 7.4 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) 3.8% from 2020 to 2027.
The growth in the market can be attributed to the development of biobased and more eco-friendly corrosion inhibitors. A gradual shift toward the development of environment-friendly corrosion inhibitors may potentially lead the market toward sustainable development and increase the acceptance of corrosion inhibitors among sustainable end users. A corrosion inhibitor functions by creating a barrier over the coated surface and preventing it from moisture, which is primarily the primary cause of erosion. The mechanisms of organic products include interfacial activity, anodic activity, cathodic activity, barrier activity, and adsorption activity.
Gather more insights about the market drivers, restrains and growth of the Corrosion Inhibitors Market
Detailed Segmentation:
Product Insights
The organic segment held largest market share of 73.8% in 2019. In recent years, there has been significant development concerning bio-based corrosion inhibitors. These are low in cost, have low toxicity, and are readily available organic compounds, which are obtained from plant extracts such as aromatic herbs, spices, and medicinal plants. Generally, bio-based corrosion inhibitors have aromatic structures with long aliphatic chains and free electron pairs. For instance, Delonix regia and rosemary leaves prevent the deterioration of aluminum metal, while natural honey inhibits corrosion of copper. The factors mentioned above are estimated to drive segment growth over the forecast period.
Type Insights
The water-based segment held the largest market share of 56.2% in 2019. Water-based corrosion inhibitors are readily soluble in water and are usually sold in solid form. They form a protective layer on the metal surface by altering the physical characteristics of the surface to resist oxidation of the metallic surface, thereby offering rust protection. Moreover, they are cost-effective, form transparent coating after drying, and can be easily applied by using spray, immersion, or brush before subsequent operations.
End-use Insights
The oil and gas segment held the largest market share of 33.1% in 2019. This is attributed to the rising number of internal corrosion problems in pipelines, refineries, and petrochemical plants. The corrosion inhibitors market is gaining popularity in the power generation sector in the developing economies of the Asia Pacific region due to rapid urbanization and industrialization. In power plants, erosion has been one of the significant factors that lead to critical downtime. The steam circuits in nuclear, thermal, and hydropower plants are susceptible to deterioration as the metal components are always in contact with water. To ensure effective power generation, most power plants monitor parameters such as pH value, conductivity, and the presence of corroding anions and cations, which indicate the corrosion rate. Also, they ensure the adequate presence of corrosion inhibitors such as phosphonates, phosphate, and zinc (for steel) and triazoles (for copper).
Regional Insights
Asia Pacific held the largest market share of 36.3% in 2019 and is projected to be one of the fastest-growing markets in the near future. The growth in the market can be attributed to rapid industrialization in the region, which has triggered the demand from the power generation and several other end-use industries as well. The growing chemical and metalworking sectors in developing economies of the region, including India and China, are also projected to contribute significantly to the market in the near future.
Browse through Grand View Research's Organic Chemicals Industry Research Reports.
• The global caprolactam market was valued at USD 15.3 billion in 2023 and is projected to grow at a CAGR of 5.1% from 2024 to 2030.
• The global potting compounds market size was estimated at USD 33,275.20 million in 2023 and is projected to grow at a CAGR of 3.2% in terms of revenue from 2024 to 2030.
Key Companies & Market Share Insights
The competitive landscape of the market is highly fragmented in nature, with the presence of a large number of key players coupled with high demand from end-users. Key players are concentrating on customized production by using advanced technology and adopting new strategic initiatives such as long-term agreements and mergers to strengthen their base and generate more revenue in the near future. Manufacturers involved in the market are integrated across the value chain. For instance, Arkema is integrated backward by using renewable raw materials for production. On the contrary, The Lubrizol Corporation is forward integrated. The company manufactures fuel additives by using its corrosion inhibitors in the formulation of the product (PowerZol 9548A). Cortec Corporation manufactures several strength-release components and coating products by using their Migratory Corrosion Inhibitors (MCIs). In addition, SUEZ supplies its corrosion inhibitors for several water treatment projects. Some of the prominent players operating in the corrosion inhibitors market include:
• Nouryon
• Cortec Corporation
• Ashland
• Ecolab
• Henkel Ibérica, S.A.
• The Lubrizol Company
• BASF SE
• Dow
• DuPont de Nemours, Inc.
• Baker Hughes, a GE company LLC
Corrosion Inhibitors Market Segmentation
Grand View Research has segmented the global corrosion inhibitors market on the basis of product, type, end use, and region:
• Product Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)
• Organic
• Inorganic
• Type Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)
• Water Based
• Oil Based
• End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)
• Power Generation
• Oil & Gas
• Paper & Pulp
• Metal Processing
• Chemical Processing
• Water Treatment
• Others
• Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)
• North America
o The U.S
o Canada
o Mexico
• Europe
o Germany
o The U.K.
o France
o Italy
• Asia Pacific
o China
o India
o Japan
o South Korea
• Central & South America
o Brazil
o Argentina
• Middle East & Africa
o South Africa
o Saudi Arabia
o UAE
o Iran
o Iraq
o Kuwait
o Oman
o Bahrain
Order a free sample PDF of the Corrosion Inhibitors Market Intelligence Study, published by Grand View Research.
#Corrosion Inhibitors Market#Corrosion Inhibitors Market size#Corrosion Inhibitors Market share#Corrosion Inhibitors Market analysis#Corrosion Inhibitors Industry
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Top 15 Market Players in Global Zinc Phosphate Corrosion Inhibitors Market
Top 15 Market Players in Global Zinc Phosphate Corrosion Inhibitors Market
The zinc phosphate corrosion inhibitors market is competitive, driven by demand from industries like construction, automotive, and marine. Here are the top 15 players shaping the global market:
Heubach GmbH A market leader in corrosion inhibitors, Heubach provides high-performance zinc phosphate products designed for protective coatings and paints.
W.R. Grace & Co. Grace’s innovative solutions include zinc phosphate additives that enhance corrosion resistance for industrial applications.
BASF SE BASF delivers advanced zinc phosphate corrosion inhibitors that are widely used in marine and automotive coatings.
Nubiola (Ferro Corporation) Nubiola, a subsidiary of Ferro Corporation, specializes in anti-corrosion pigments, including zinc phosphate solutions tailored for harsh environments.
SNCZ Known for its expertise in anti-corrosion additives, SNCZ produces a broad range of zinc phosphate variants for industrial coatings.
Kerala State Industrial Enterprises (KSIE) A key player in the Indian market, KSIE offers high-quality zinc phosphate for domestic and international clients.
Chemetall GmbH (BASF subsidiary) Chemetall focuses on metal surface treatment and provides zinc phosphate products with excellent anti-corrosion properties.
Vanchem Performance Chemicals Vanchem is a recognized supplier of zinc phosphate inhibitors used in surface coatings for industrial and construction sectors.
Noelson Chemicals Specializing in anti-corrosion and anti-rust additives, Noelson offers innovative zinc phosphate products to meet diverse market needs.
Jiangsu Xinruida Chemical Co., Ltd. This Chinese company focuses on the production of zinc phosphate corrosion inhibitors for coatings and paints used in heavy industries.
Hanchang Industries Co., Ltd. Hanchang supplies zinc phosphate inhibitors designed for long-term corrosion protection in automotive and marine applications.
Kobo Products, Inc. Kobo Products provides functional pigments, including zinc phosphate, catering to advanced industrial coatings.
Halox (ICL Advanced Additives) Halox offers corrosion inhibitors such as zinc phosphate to enhance the durability of paints and coatings in aggressive environments.
Shijiazhuang Xinsheng Chemical Co., Ltd. A leader in the Chinese market, Xinsheng manufactures high-quality zinc phosphate products with a strong export focus.
Pigmentan Ltd. Based in Israel, Pigmentan produces zinc phosphate corrosion inhibitors that are widely used in protective coatings worldwide.
Request report sample at https://datavagyanik.com/reports/global-zinc-phosphate-corrosion-inhibitors-market/
Top Winning Strategies in Zinc Phosphate Corrosion Inhibitors Market
Market leaders in zinc phosphate corrosion inhibitors employ strategic approaches to remain competitive and address the increasing demand for high-performance protective solutions. Below are the top strategies:
Innovation in Product Development Companies are investing in R&D to develop advanced zinc phosphate variants that enhance performance while being eco-friendly. For instance, BASF has introduced low-toxicity products catering to strict environmental regulations.
Sustainability Initiatives With rising demand for environmentally friendly solutions, companies like Heubach are focusing on developing non-toxic and sustainable zinc phosphate products.
Targeting Emerging Markets Players are expanding their presence in emerging economies such as India, Brazil, and Southeast Asia, where industrialization and infrastructure development drive demand.
Collaborations with End-User Industries Collaborating with industries such as automotive, construction, and marine helps manufacturers tailor their products to specific customer needs. Chemetall’s partnerships with automotive OEMs exemplify this strategy.
Global Distribution Networks Expanding distribution networks ensures market players can meet global demand efficiently. Noelson Chemicals, for example, has strengthened its export capabilities in North America and Europe.
Focus on High-Growth Segments Companies are targeting high-growth applications, such as powder coatings and waterborne paints, which increasingly rely on zinc phosphate corrosion inhibitors.
Acquisitions and Mergers Acquisitions of smaller players help market leaders enhance their product portfolio and expand their geographic presence. W.R. Grace’s acquisition of regional suppliers has bolstered its market share.
Digital Marketing and Branding Leveraging digital platforms to showcase product benefits and applications has become a key strategy for companies looking to attract industrial clients globally.
Cost Optimization in Production Implementing efficient production techniques and sourcing raw materials strategically helps companies reduce costs and remain competitive in price-sensitive markets.
Customizable Solutions Offering tailored zinc phosphate products for specific coatings and paints enhances customer satisfaction and loyalty. SNCZ excels in this approach with its industry-specific solutions.
Adapting to Regulatory Changes Ensuring compliance with global environmental and safety standards is critical. Companies like Vanchem are proactively reformulating products to meet evolving regulations.
Enhancing Supply Chain Efficiency Optimizing supply chains through regional manufacturing facilities and digital tools has helped companies like BASF improve delivery times and reduce costs.
Educational Initiatives Conducting workshops and training sessions for customers to highlight the application and benefits of zinc phosphate products builds trust and long-term partnerships.
Technological Integration Integrating advanced technologies like nanotechnology into product formulations enables companies to offer superior anti-corrosion performance. Halox has leveraged such innovations effectively.
Focus on Long-Term Performance Emphasizing the durability and extended lifecycle benefits of zinc phosphate corrosion inhibitors helps companies attract industries prioritizing cost-effective maintenance solutions.
These strategies are enabling market leaders to drive innovation, capture emerging opportunities, and address evolving customer needs in the zinc phosphate corrosion inhibitors market.
Request a free sample copy at https://datavagyanik.com/reports/global-zinc-phosphate-corrosion-inhibitors-market/
#Zinc Phosphate Corrosion Inhibitors Market#Zinc Phosphate Corrosion Inhibitors Production#market share#market growth#market players#market size#revenue#average price#top trends#competitive pricing strategies
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Engine Oil Additives Market - Forecast (2023 - 2028)
Global engine oil additives market is valued 10,853$ million in the year 2017 and is anticipated to grow at a CAGR of 3.2% during the forecast period 2018-2023.
#Engine Oil Additives market#Engine Oil Additives market size#Engine Oil Additives industry#Engine Oil Additives market share#Engine Oil Additives top 10 companies#Engine Oil Additives market report#Engine Oil Additives industry outlook#lubricant additives#anti-wear additives#corrosion inhibitors#friction modifiers#anti-foam agent#polymer additives
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Water Treatment Chemicals Market Key Drivers and Segmentation
The water treatment chemicals market plays a crucial role in ensuring the safety, quality, and sustainability of water resources across industries. Water treatment chemicals are used in various processes such as filtration, disinfection, coagulation, flocculation, and scaling prevention. They help in maintaining water quality by removing harmful contaminants and microorganisms, making it safe for consumption, industrial use, and environmental discharge. This article provides an analysis of the water treatment chemicals market, its growth factors, challenges, and future prospects.
Market Overview
The water treatment chemicals market has witnessed significant growth in recent years due to increasing concerns about water scarcity, water pollution, and the need for efficient water management systems. These chemicals are widely used across several sectors, including municipal water treatment, industrial water treatment, and wastewater management. The increasing demand for clean and safe water, along with stringent regulations regarding water quality, is driving the growth of the market. The market is expected to continue growing at a steady pace as urbanization, industrialization, and population growth put increasing pressure on water resources globally.
Key Drivers
Growing Water Pollution: Water pollution from industrial effluents, agricultural runoff, and untreated sewage is a major issue globally. This has spurred the demand for water treatment chemicals to remove contaminants, such as heavy metals, bacteria, and organic compounds, from water sources.
Rising Industrialization: Industrial activities, especially in sectors like oil and gas, power generation, textiles, and chemicals, contribute significantly to water pollution. Consequently, industries require advanced water treatment solutions to ensure the safe disposal or reuse of water.
Municipal Water Treatment: Urbanization and the growing population are increasing the demand for municipal water treatment plants. Municipalities are investing in advanced water treatment technologies that utilize chemicals to purify and disinfect water, meeting the demand for clean drinking water.
Stringent Environmental Regulations: Governments and environmental bodies are imposing stricter regulations on water treatment processes to prevent pollution and protect water resources. These regulations necessitate the use of water treatment chemicals to meet water quality standards.
Market Segmentation
The water treatment chemicals market can be segmented based on product type, application, and end-use industry.
Product Type: The key types of water treatment chemicals include coagulants, flocculants, biocides & disinfectants, pH adjusters, corrosion inhibitors, and scale inhibitors. Among these, coagulants and flocculants dominate the market due to their widespread use in industrial water treatment processes.
Application: The market is also segmented based on applications such as industrial water treatment, municipal water treatment, and wastewater treatment. Industrial water treatment holds the largest market share, driven by the need for treating large volumes of water used in industrial processes.
End-Use Industry: The end-use industries for water treatment chemicals include power generation, oil & gas, food & beverage, chemicals, textiles, and more. The power generation industry is a major consumer of water treatment chemicals due to the extensive use of water in power plants for cooling purposes.
Regional Analysis
North America and Europe dominate the global water treatment chemicals market, primarily due to stringent environmental regulations and a well-established industrial base. The Asia Pacific region is expected to experience the highest growth rate, driven by rapid industrialization, urbanization, and increasing demand for water treatment solutions in emerging economies such as China and India.
Challenges
Despite the market's growth prospects, the water treatment chemicals industry faces certain challenges. One of the primary concerns is the environmental impact of certain chemicals used in water treatment processes, such as chlorine and other biocides. These chemicals can pose risks to ecosystems and human health if not handled properly. Furthermore, the high cost of water treatment chemicals, especially for small and medium-sized enterprises, can limit their adoption.
Future Outlook
The water treatment chemicals market is expected to continue expanding due to the growing need for clean water, evolving environmental standards, and the development of advanced chemical formulations. The adoption of sustainable and eco-friendly chemicals, such as natural coagulants and biodegradable flocculants, is likely to increase as industries and municipalities focus on reducing the environmental impact of their water treatment processes.
Moreover, innovations in water treatment technologies, such as reverse osmosis and membrane filtration, are expected to create new opportunities for water treatment chemicals. As the demand for water treatment solutions rises, the market for these chemicals will evolve to meet new challenges and ensure the availability of safe water for various applications.
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Industrial Waste Water Treatment Chemicals Market — Forecast(2025–2031)
Industrial Waste Water Treatment Overview
Industrial Waste Water Treatment Chemicals Market size is forecast to reach $8.5 billion by 2025, after growing at a CAGR of 4.58% during 2020–2025.
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Report Coverage
The report: “Industrial Waste Water Treatment Chemicals Market — Forecast (2020–2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Industrial Waste Water Treatment Chemicals industry.
By Type of Chemicals — Scale Inhibitors, Corrosion Inhibitors, Defoamer, Biocides, Organic Polymers, Oxygen Scavengers, Coagulants, Others.
By Geography — North America, South America, Europe, APAC, RoW.
Key Takeaways
Asia-Pacific dominates the Industrial Waste Water Treatment Chemicals market owing to larger water demand due to larger population.
Increasing water pollution and scarcity of water are major factors driving the waste water treatment services market.
Due to the covid 19 pandemic, the residential usage of water has increased due to which the Industrial waste water treatment chemicals market is growing.
One notable challenge for Industrial waste water treatment chemicals is that, it is considerably costly to set up.
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Type of Chemicals — Segment Analysis
Organic Polymers segment holds the largest share in the Industrial Waste Water Treatment Chemicals market. Organic polymers consist of polyacrylamide, polyaluminium chloride among others. Organic polymers are used to purify low quality water either for drinking or industrial purposes. These are used in industrial waste water treatment process to inhibit the growth of harmful organisms and also to kill the existing ones. The efficiency of the industrial waste water treatment chemicals depends on dosage rate and duration of the additive’s presence in water. Industrial waste water treatment facilities are growing at a faster pace due to excess generation of wastewater from industrial sector. The soda ash industry is a part of the chemical industry, which is responsible for the production of sodium carbonate, calcium chloride, absorbent masses, evaporated wet salt, food salt, pickling salt or salt tablets. During manufacturing of those products, strongly alkaline wastewater is generated. Owing to this the Industrial Waste Water Treatment Chemicals market is growing.
Geography — Segment Analysis
APAC has dominated the Industrial Waste Water Treatment Chemicals market with a share of more than xx%, owing to high demand from the end-user industries, such as power, steel, and food & beverage. Countries such as India, China, Japan are the epicentre for the Industrial Waste Water Treatment Chemicals market, as these countries consist of large number of industries. The wastewaters from large-scale industries such as oil refineries, petrochemical plants, chemical plants, and natural gas processing plants commonly contain gross amounts of oil and suspended solids. Those industries use a device known as an API oil-water separator which is designed to separate the oil and suspended solids from their wastewater effluents.
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Industrial Waste Water Treatment Chemicals Market Drivers
Implementation of Stringent Government regulations
Implementation of Stringent Governments’ regulations and efforts to reuse water and wastewater treatment in industries, will further aid the market growth of Industrial Waste Water Treatment Chemicals market. The removal of impurities from wastewater, or sewage, before they reach aquifers or natural bodies of water such as rivers, lakes, estuaries, and oceans. Since pure water is not found in nature (i.e., outside chemical laboratories), any distinction between clean water and polluted water depends on the type and concentration of impurities found in the water as well as on its intended use.
Increasing demand for clean water
As demand for water increases across the globe, the availability of fresh water in many regions is likely to decrease because of climate change, as warns by latest edition of the United Nations’ World Water Development Report (WWDR4). It predicts that these pressures will exacerbate economic disparities between certain countries, as well as between sectors or regions within countries. So, the demand for fresh and clean water are increasing due to which the Industrial waste water treatment chemicals market will grow.
Industrial Waste Water Treatment Chemicals Market Challenges
Costly setting up of Equipment.
In manufacturing, setup cost is the cost incurred to get equipment ready to process a different batch of goods. Hence, setup cost is regarded as a batch-level cost in activity-based costing. Setup cost is considered to be a non-value-added cost that should be minimized. One notable hurdle of cooling water treatment chemicals market is that, it is considerably costly to set up. So, small industries are financially not that much strong to setup these equipments. So, they look to escape the installing of these equipments. Whereas Antifoams are chemical agents designed to control the wasteful formation of foam during industrial processes.
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Impact of COVID-19
The rapid spread of coronavirus has had a major impact on global markets as, major economies of the world are completely lockdown due to this pandemic. Because of this major lockdown, suddenly all the consumer market has started to show zero interest towards purchasing equipments regarding the IWTC. One of the major difficulties, market is facing are the shutdown of all kinds of International transportation. Global crisis for all sectors including manufacturing sector have slower down the demand of goods’ production and exports of effect pigments market.
Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Industrial Waste Water Treatment Chemicals market. In 2019, the market of Industrial Waste Water Treatment Chemicals has been consolidated by the top five players accounting for xx% of the share. Major players in the Industrial Waste Water Treatment Chemicals Market are Akzo Nobel N.V., Angus Chemical Company, BASF SE, BWA Water Additives UK Ltd., Kemira OYJ, The Lubrizol Corporation, Tiarco Chemical, Shandong Taihe Water Treatment Co., Ltd, Kurita Water Industries Ltd, among others.
Acquisitions/Technology Launches
In April 2020, AkzoNobel has completed the acquisition of 100% of the shares of Mauvilac Industries Limited, a leading paints and coatings company in Mauritius.
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#WasteWaterTreatment#IndustrialChemicals#WaterManagement#Sustainability#EnvironmentalProtection#CleanWaterSolutions
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Global 2-Mercaptoethanol Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2030
2-Mercaptoethanol (also ß-mercaptoethanol, BME, 2BME, 2-ME or ß-met) is the chemical compound with the formula HOCH2CH2SH. 2-ME is a colorless liquid, with an amine-like odor. It is flammable and soluble in water and various organic solvents. 2-ME can be used as the intermediate in the production of PVC stabilizer, crop protection, pharmaceuticals, photographic chemicals, solvent and stabilizer, initial product for chemical syntheses, water treatment and corrosion inhibitor. According to our (Global Info Research) latest study, the global 2-Mercaptoethanol market size was valued at USD 81 million in 2022 and is forecast to a readjusted size of USD 99.1 million by 2030 with a CAGR of 2.9% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. Chevron Phillips Chemical, BASF and Sunion Chemical & Plastics are the top 3 players of 2-Mercaptoethanol, with about 96% market shares. 2-Mercaptoethanol can be divided into <99% type and ≥ 99% type, ≥ 99% type accounts for nearly 98%. The applications of 2-Mercaptoethanol are Consumer & Industrial Applications, Agrochemicals, Polymers and Rubber Applications, Water Treatment Applications and others. the market is mainly driven by growing demand for Polymers and Rubber Applications, accounts for nearly 39%.
Sample Plan: https://www.reportsintellect.com/sample-request/2911758 This report is a detailed and comprehensive analysis for global 2-Mercaptoethanol market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided. Key Features: Global 2-Mercaptoethanol market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2018-2030 Global 2-Mercaptoethanol market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2018-2030 Global 2-Mercaptoethanol market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2018-2030 Global 2-Mercaptoethanol market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (USD/MT), 2018-2025
Inquire Plan: https://www.reportsintellect.com/discount-request/2911758 The Primary Objectives in This Report Are: To determine the size of the total market opportunity of global and key countries To assess the growth potential for 2-Mercaptoethanol To forecast future growth in each product and end-use market To assess competitive factors affecting the marketplace This report profiles key players in the global 2-Mercaptoethanol market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Chevron Phillips Chemical, BASF and Sunion Chemical & Plastics. etc. This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence. Market Segmentation 2-Mercaptoethanol market is split by Type and by Application. For the period 2018-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets. Market segment by Type Below 99% Above 99% Market segment by Application Consumer & Industrial Agrochemicals Polymers and Rubber Water Treatment Others Major players covered Chevron Phillips Chemical BASF Sunion Chemical & Plastics Market segment by region, regional analysis covers North America (United States, Canada and Mexico) Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe) Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia) South America (Brazil, Argentina, Colombia, and Rest of South America) Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
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Corrosion Inhibitors Market Leading Players Updates and Growth Analysis Report, 2027
The global corrosion inhibitors market size was valued at USD 7.4 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) 3.8% from 2020 to 2027.
The growth in the market can be attributed to the development of biobased and more eco-friendly corrosion inhibitors. A gradual shift toward the development of environment-friendly corrosion inhibitors may potentially lead the market toward sustainable development and increase the acceptance of corrosion inhibitors among sustainable end users. A corrosion inhibitor functions by creating a barrier over the coated surface and preventing it from moisture, which is primarily the primary cause of erosion. The mechanisms of organic products include interfacial activity, anodic activity, cathodic activity, barrier activity, and adsorption activity.
Gather more insights about the market drivers, restrains and growth of the Corrosion Inhibitors Market
Corrosion Inhibitors Market Report Highlights
• In 2019, organic emerged as the prominent product segment owing to their broad utilization in the petroleum refining industry because of their ability to form a protective layer on the metal surface of transporting pipes
• In 2019, oil-based emerged as the prominent type segment owing to the excellent performance of these corrosion inhibitors in high-velocity flow conditions and elevated pressure
• In 2019, oil and gas emerged as the prominent end-use segment owing to a surge of serious internal corrosion problems in several refineries, pipelines, and petrochemical plants, along with mounting production.
Browse through Grand View Research's Organic Chemicals Industry Research Reports.
• The global caprolactam market was valued at USD 15.3 billion in 2023 and is projected to grow at a CAGR of 5.1% from 2024 to 2030.
• The global potting compounds market size was estimated at USD 33,275.20 million in 2023 and is projected to grow at a CAGR of 3.2% in terms of revenue from 2024 to 2030.
Corrosion Inhibitors Market Segmentation
Grand View Research has segmented the global corrosion inhibitors market on the basis of product, type, end use, and region:
Product Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)
• Organic
• Inorganic
Type Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)
• Water Based
• Oil Based
End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)
• Power Generation
• Oil & Gas
• Paper & Pulp
• Metal Processing
• Chemical Processing
• Water Treatment
• Others
Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)
• North America
o The U.S
o Canada
o Mexico
• Europe
o Germany
o The U.K.
o France
o Italy
• Asia Pacific
o China
o India
o Japan
o South Korea
• Central & South America
o Brazil
o Argentina
• Middle East & Africa
o South Africa
o Saudi Arabia
o UAE
o Iran
o Iraq
o Kuwait
o Oman
o Bahrain
Order a free sample PDF of the Corrosion Inhibitors Market Intelligence Study, published by Grand View Research.
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Top 15 Market Players in Global Benzotriazole Derivatives Market
Top 15 Market Players in Global Benzotriazole Derivatives Market
Benzotriazole derivatives are critical additives used in corrosion inhibitors, UV stabilizers, and various industrial applications. The market is driven by their widespread utility in coatings, plastics, and automotive industries. Below are the top 15 players dominating the global benzotriazole derivatives market:
BASF SE BASF offers high-quality benzotriazole derivatives that are extensively used in industrial coatings, UV stabilizers, and automotive applications.
Clariant AG Clariant is a leading provider of specialty chemicals, including benzotriazole derivatives for advanced material protection and stabilization.
Songwon Industrial Co., Ltd. Songwon specializes in polymer stabilizers, including benzotriazole derivatives, for long-term material durability and UV resistance.
Evonik Industries AG Evonik delivers innovative benzotriazole derivatives that cater to diverse applications such as automotive, coatings, and electronics.
Adeka Corporation Adeka offers a wide portfolio of benzotriazole derivatives for advanced polymers and high-performance coatings.
Solvay S.A. Solvay focuses on producing benzotriazole derivatives that enhance the performance of lubricants, plastics, and construction materials.
Ashland Global Holdings Inc. Ashland provides specialized benzotriazole derivatives for use in corrosion inhibition and industrial water treatment.
Lanxess AG Lanxess manufactures advanced additives, including benzotriazole derivatives, for applications in construction, automotive, and industrial sectors.
Eastman Chemical Company Eastman offers benzotriazole derivatives designed for improved UV resistance and material longevity in polymers and coatings.
Valtris Specialty Chemicals Valtris focuses on cost-effective and high-performance benzotriazole derivatives for industrial and consumer applications.
Huntsman Corporation Huntsman produces benzotriazole derivatives for niche markets, including high-performance coatings and adhesives.
SABO S.p.A. SABO specializes in benzotriazole-based UV stabilizers and additives for plastics and polymer systems.
Mayzo, Inc. Mayzo provides benzotriazole derivatives for the plastics and coatings industries, emphasizing UV stabilization and corrosion protection.
The Lubrizol Corporation Lubrizol offers benzotriazole derivatives tailored for high-performance lubricant and metalworking applications.
Rianlon Corporation A key player in Asia, Rianlon produces benzotriazole derivatives for applications in plastics, coatings, and construction.
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Top Winning Strategies in Benzotriazole Derivatives Market
The benzotriazole derivatives market is highly competitive, with key players leveraging various strategies to enhance their market presence and address evolving industry demands. Below are the top winning strategies:
Focus on Sustainability Manufacturers are investing in eco-friendly benzotriazole derivatives that comply with global environmental regulations, such as REACH and EPA guidelines.
Research and Development (R&D) Significant investments in R&D are enabling companies to develop high-performance derivatives with improved stability, UV resistance, and corrosion inhibition.
Expansion into Emerging Markets Companies are targeting high-growth regions like Asia-Pacific and Latin America, where industrial and automotive sectors are experiencing rapid expansion.
Partnerships and Collaborations Collaborations with raw material suppliers and end-users allow companies to streamline their supply chains and co-develop innovative products.
Product Diversification Expanding product portfolios with tailored benzotriazole derivatives for niche applications such as electronics, photovoltaics, and aerospace is a key strategy.
Regulatory Compliance and Certifications Meeting global quality and environmental standards has become essential to gaining customer trust and ensuring market expansion.
Adoption of Digital Technologies The integration of advanced digital tools, such as predictive analytics and AI, is helping companies optimize production processes and reduce operational costs.
Enhanced Supply Chain Resilience Strengthening supply chain networks and mitigating risks through diversified sourcing strategies are critical for uninterrupted production.
Cost Optimization Streamlining production and raw material sourcing processes has enabled companies to remain competitive in price-sensitive markets.
Development of High-Performance Derivatives Companies are focusing on formulating benzotriazole derivatives that offer superior thermal stability, UV resistance, and corrosion protection.
Strategic Mergers and Acquisitions Acquiring smaller, specialized players allows companies to expand their technological capabilities and market reach.
Focus on Long-Term Contracts Securing long-term contracts with major end-users ensures consistent demand and stable revenue streams.
Customer-Centric Solutions Providing customized benzotriazole derivatives and technical support helps manufacturers build strong relationships with end-users.
Marketing and Branding Efforts Targeted marketing campaigns and effective branding are enabling companies to enhance their visibility and attract a broader customer base.
Investments in Capacity Expansion Increasing production capacity to meet rising demand across industries is a critical strategy for market growth.
By implementing these strategies, companies in the benzotriazole derivatives market can strengthen their competitive position, capture new opportunities, and address the evolving needs of industries worldwide.
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#Benzotriazole Derivatives Market#Benzotriazole Derivatives Production#market share#market players#revenue#average price#top trends#market size#market growth#competitive pricing strategies
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#Ballast Tank Corrosion Inhibitors Market Size#Ballast Tank Corrosion Inhibitors Market Share#Ballast Tank Corrosion Inhibitors Market Growth#Ballast Tank Corrosion Inhibitors Market Trends#Ballast Tank Corrosion Inhibitors Market Forecast Analysis#Ballast Tank Corrosion Inhibitors Market Segmentation#Ballast Tank Corrosion Inhibitors Market 2024#Ballast Tank Corrosion Inhibitors Market CAGR#Ballast Tank Corrosion Inhibitors Market Analyzer Industry
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