The global corrosion inhibitor industry was estimated to be over $4.802 billion in 2010. Water-soluble inhibitors accounted for over 75% of the total corrosion inhibitor market and oil based account for a share of over 25% of the total market as of 2010.

Corrosion inhibitors are used to enhance product performance across various industries, including power generation, oil & gas, and refinery. The corrosion inhibitors industry is into a higher growth trajectory among the other water treatment chemicals. This growth is largely fueled by the increased demand for industrial water usage in manufacturing industry on the global level. The demand for corrosion inhibitors is mainly triggered by power generation, oil & gas and refinery applications due to huge energy requirement post economic downturn; particularly from emerging economies such as China. The report analyses and provides market forecasts and estimates for corrosion inhibitor based on two segments; water– soluble and oil-based and covers all major target applications such as power generation, oil & gas, refinery, pulp & paper, metal & mining, chemical processing and desalination plant and all major inhibitors based on types such as benzotriazole, tolyltriazole, mercaptobenzothiazole, amines, phosphonates, nitrites & nitrates, chromates, dichromates & borates, molybdates, zinc sulfate & other salts, silicates and polyphosphates. The report also identifies and analyses market trends, drivers, inhibitors, and opportunities in the corrosion inhibitor market.

The stakeholders of the market will be benefited by key opportunities identified and analyzed in the report. Also, key players, their developments and strategies have been analyzed and explained in the report.

The briefing on the global corrosion inhibitor market (2010-2015) will benefit the corrosion inhibitor manufacturing companies, water treatment chemicals manufacturers, research laboratories, and also the end users.

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