Product Code: 978-1-68038-210-5
Corrosion Inhibitors Market Growth & Trends:
The global corrosion inhibitors market size is estimated to reach USD 11.06 billion by 2030, expanding at a CAGR of 3.6% from 2025 to 2030, according to a new report by Grand View Research, Inc. The growth in the market can be attributed to increasing investments in oil and gas extraction and production activities in the developing economies across the globe.
Corrosion inhibitors are primarily consumed by the oil and gas industry as pipelines, petrochemical plants, and refineries face significant challenges due to erosion. The application of corrosion inhibitors mitigates deterioration in pipelines, gathering lines, transmission lines, flow lines, and wellbores. It also decreases the occurrence of pitting and costly rust failures for various industry players. Therefore, the application of these products significantly reduces the amount of investment spent on the prevention of rust. This factor has majorly driven the consumption of products across various end-use industries.
Different industries, such as oil and gas, power generation, pulp and paper, metal processing, chemical processing, face several challenges due to rust. This signifies the number of investments by end-use sectors for the prevention of industrial parts and equipment and to extend their life or durability. Furthermore, internal corrosion caused by aggravated microbial activity, water, hydrogen sulfide, or carbon dioxide has increased the need for products among oil and gas companies.
Saudi Arabia is one of the prominent crude oil producers in the world. Moreover, the GDP (PPP) of Saudi Arabia is USD 1.8 trillion, which makes it one of the top-performing economies in the Middle East. With the presence of some of the leading global players such as Saudi Aramco and some of the prominent producing fields such as Ghawar field, the country is expected to boost the consumption over the forecast period.
This is likely to result from the higher preference for oil-based products given their long-lasting protection results for parts or equipment exposed to severe environmental conditions. Furthermore, these are preferred over water-based ones owing to their heavy film and water-rejecting properties. However, water-based products are expected to gain a significant market share over the forecast period due to their conservative nature and favorable government regulations pertaining to their use.
Corrosion Inhibitors Market Report Highlights:
- In 2024, 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 2024, 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 2024, 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.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Insights
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Corrosion Inhibitors Market Variables, Trends & Scope
- 3.1. Global Corrosion Inhibitors Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Technology Overview
- 3.4. Average Price Trend Analysis
- 3.5. Supply-Demand Gap Analysis, 2024
- 3.6. Regulatory Framework
- 3.6.1. Policies and Incentive Plans
- 3.6.2. Standards and Compliances
- 3.6.3. Regulatory Impact Analysis
- 3.7. Market Dynamics
- 3.7.1. Market Driver Analysis
- 3.7.2. Market Restraint Analysis
- 3.7.3. Industry Challenges
- 3.8. Porter's Five Forces Analysis
- 3.8.1. Supplier Power
- 3.8.2. Buyer Power
- 3.8.3. Substitution Threat
- 3.8.4. Threat From New Entrant
- 3.8.5. Competitive Rivalry
- 3.9. PESTEL Analysis
- 3.9.1. Political Landscape
- 3.9.2. Economic Landscape
- 3.9.3. Social Landscape
- 3.9.4. Technological Landscape
- 3.9.5. Environmental Landscape
- 3.9.6. Legal Landscape
Chapter 4. Corrosion Inhibitors Market: Product Outlook Estimates & Forecasts
- 4.1. Corrosion Inhibitors Market: Product Movement Analysis, 2024 & 2030
- 4.1.1. Organic
- 4.1.1.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
- 4.1.2. Inorganic
- 4.1.2.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
Chapter 5. Corrosion Inhibitors Market: Type Outlook Estimates & Forecasts
- 5.1. Corrosion Inhibitors Market: Type Movement Analysis, 2024 & 2030
- 5.1.1. Water Based
- 5.1.1.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
- 5.1.2. Oil Based
- 5.1.2.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
Chapter 6. Corrosion Inhibitors Market: End Use Outlook Estimates & Forecasts
- 6.1. Corrosion Inhibitors Market: End Use Movement Analysis, 2024 & 2030
- 6.1.1. Power Generation
- 6.1.1.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
- 6.1.2. Oil and Gas
- 6.1.2.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
- 6.1.3. Paper and Pulp
- 6.1.3.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
- 6.1.4. Metal Processing
- 6.1.4.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
- 6.1.5. Chemical Processing
- 6.1.5.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
- 6.1.6. Water Treatment
- 6.1.6.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
- 6.1.7. Others
- 6.1.7.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
Chapter 7. Corrosion Inhibitors Market Regional Outlook Estimates & Forecasts
- 7.1. Regional Snapshot
- 7.2. Corrosion Inhibitors Market: Regional Movement Analysis, 2024 & 2030
- 7.3. North America
- 7.3.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
- 7.3.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Tons) (USD Million)
- 7.3.3. Market Estimates and Forecast, By Type, 2018 - 2030 (Tons) (USD Million)
- 7.3.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (Tons) (USD Million)
- 7.3.5. U.S.
- 7.3.5.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
- 7.3.5.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Tons) (USD Million)
- 7.3.5.3. Market Estimates and Forecast, By Type, 2018 - 2030 (Tons) (USD Million)
- 7.3.5.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (Tons) (USD Million)
- 7.3.6. Canada
- 7.3.6.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
- 7.3.6.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Tons) (USD Million)
- 7.3.6.3. Market Estimates and Forecast, By Type, 2018 - 2030 (Tons) (USD Million)
- 7.3.6.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (Tons) (USD Million)
- 7.3.7. Mexico
- 7.3.7.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
- 7.3.7.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Tons) (USD Million)
- 7.3.7.3. Market Estimates and Forecast, By Type, 2018 - 2030 (Tons) (USD Million)
- 7.3.7.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (Tons) (USD Million)
- 7.4. Europe
- 7.4.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
- 7.4.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Tons) (USD Million)
- 7.4.3. Market Estimates and Forecast, By Type, 2018 - 2030 (Tons) (USD Million)
- 7.4.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (Tons) (USD Million)
- 7.4.5. UK
- 7.4.5.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
- 7.4.5.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Tons) (USD Million)
- 7.4.5.3. Market Estimates and Forecast, By Type, 2018 - 2030 (Tons) (USD Million)
- 7.4.5.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (Tons) (USD Million)
- 7.4.6. Germany
- 7.4.6.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
- 7.4.6.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Tons) (USD Million)
- 7.4.6.3. Market Estimates and Forecast, By Type, 2018 - 2030 (Tons) (USD Million)
- 7.4.6.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (Tons) (USD Million)
- 7.4.7. France
- 7.4.7.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
- 7.4.7.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Tons) (USD Million)
- 7.4.7.3. Market Estimates and Forecast, By Type, 2018 - 2030 (Tons) (USD Million)
- 7.4.7.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (Tons) (USD Million)
- 7.4.8. Italy
- 7.4.8.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
- 7.4.8.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Tons) (USD Million)
- 7.4.8.3. Market Estimates and Forecast, By Type, 2018 - 2030 (Tons) (USD Million)
- 7.4.8.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (Tons) (USD Million)
- 7.5. Asia Pacific
- 7.5.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
- 7.5.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Tons) (USD Million)
- 7.5.3. Market Estimates and Forecast, By Type, 2018 - 2030 (Tons) (USD Million)
- 7.5.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (Tons) (USD Million)
- 7.5.5. China
- 7.5.5.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
- 7.5.5.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Tons) (USD Million)
- 7.5.5.3. Market Estimates and Forecast, By Type, 2018 - 2030 (Tons) (USD Million)
- 7.5.5.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (Tons) (USD Million)
- 7.5.6. India
- 7.5.6.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
- 7.5.6.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Tons) (USD Million)
- 7.5.6.3. Market Estimates and Forecast, By Type, 2018 - 2030 (Tons) (USD Million)
- 7.5.6.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (Tons) (USD Million)
- 7.5.7. Japan
- 7.5.7.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
- 7.5.7.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Tons) (USD Million)
- 7.5.7.3. Market Estimates and Forecast, By Type, 2018 - 2030 (Tons) (USD Million)
- 7.5.7.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (Tons) (USD Million)
- 7.5.8. South Korea
- 7.5.8.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
- 7.5.8.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Tons) (USD Million)
- 7.5.8.3. Market Estimates and Forecast, By Type, 2018 - 2030 (Tons) (USD Million)
- 7.5.8.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (Tons) (USD Million)
- 7.6. Latin America
- 7.6.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
- 7.6.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Tons) (USD Million)
- 7.6.3. Market Estimates and Forecast, By Type, 2018 - 2030 (Tons) (USD Million)
- 7.6.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (Tons) (USD Million)
- 7.6.5. Brazil
- 7.6.5.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
- 7.6.5.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Tons) (USD Million)
- 7.6.5.3. Market Estimates and Forecast, By Type, 2018 - 2030 (Tons) (USD Million)
- 7.6.5.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (Tons) (USD Million)
- 7.6.6. Argentina
- 7.6.6.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
- 7.6.6.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Tons) (USD Million)
- 7.6.6.3. Market Estimates and Forecast, By Type, 2018 - 2030 (Tons) (USD Million)
- 7.6.6.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (Tons) (USD Million)
- 7.7. Middle East & Africa
- 7.7.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
- 7.7.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Tons) (USD Million)
- 7.7.3. Market Estimates and Forecast, By Type, 2018 - 2030 (Tons) (USD Million)
- 7.7.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (Tons) (USD Million)
- 7.7.5. UAE
- 7.7.5.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
- 7.7.5.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Tons) (USD Million)
- 7.7.5.3. Market Estimates and Forecast, By Type, 2018 - 2030 (Tons) (USD Million)
- 7.7.5.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (Tons) (USD Million)
- 7.7.6. Iran
- 7.7.6.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
- 7.7.6.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Tons) (USD Million)
- 7.7.6.3. Market Estimates and Forecast, By Type, 2018 - 2030 (Tons) (USD Million)
- 7.7.6.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (Tons) (USD Million)
- 7.7.7. Iraq
- 7.7.7.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
- 7.7.7.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Tons) (USD Million)
- 7.7.7.3. Market Estimates and Forecast, By Type, 2018 - 2030 (Tons) (USD Million)
- 7.7.7.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (Tons) (USD Million)
- 7.7.8. Saudi Arabia
- 7.7.8.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
- 7.7.8.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Tons) (USD Million)
- 7.7.8.3. Market Estimates and Forecast, By Type, 2018 - 2030 (Tons) (USD Million)
- 7.7.8.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (Tons) (USD Million)
- 7.7.9. Kuwait
- 7.7.9.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
- 7.7.9.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Tons) (USD Million)
- 7.7.9.3. Market Estimates and Forecast, By Type, 2018 - 2030 (Tons) (USD Million)
- 7.7.9.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (Tons) (USD Million)
- 7.7.10. Oman
- 7.7.10.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
- 7.7.10.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Tons) (USD Million)
- 7.7.10.3. Market Estimates and Forecast, By Type, 2018 - 2030 (Tons) (USD Million)
- 7.7.10.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (Tons) (USD Million)
- 7.7.11. Bahrain
- 7.7.11.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
- 7.7.11.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Tons) (USD Million)
- 7.7.11.3. Market Estimates and Forecast, By Type, 2018 - 2030 (Tons) (USD Million)
- 7.7.11.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (Tons) (USD Million)
- 7.7.12. South Africa
- 7.7.12.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
- 7.7.12.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Tons) (USD Million)
- 7.7.12.3. Market Estimates and Forecast, By Type, 2018 - 2030 (Tons) (USD Million)
- 7.7.12.4. Market Estimates and Forecast, By End Use, 2018 - 2030 (Tons) (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Recent Developments & Impact Analysis, By Key Market Participants
- 8.2. Vendor Landscape
- 8.2.1. Company Categorization
- 8.2.2. List Of Key Distributors and Channel Partners
- 8.2.3. List Of Potential Customers/End Users
- 8.3. Competitive Dynamics
- 8.3.1. Competitive Benchmarking
- 8.3.2. Strategy Mapping
- 8.3.3. Heat Map Analysis
- 8.4. Company Profiles/Listing
- 8.4.1. Nouryon
- 8.4.1.1. Participant's Overview
- 8.4.1.2. Financial Performance
- 8.4.1.3. Product Benchmarking
- 8.4.1.4. Strategic Initiatives
- 8.4.2. Cortec Corporation
- 8.4.2.1. Participant's Overview
- 8.4.2.2. Financial Performance
- 8.4.2.3. Product Benchmarking
- 8.4.2.4. Strategic Initiatives
- 8.4.3. Ashland
- 8.4.3.1. Participant's Overview
- 8.4.3.2. Financial Performance
- 8.4.3.3. Product Benchmarking
- 8.4.3.4. Strategic Initiatives
- 8.4.4. Ecolab
- 8.4.4.1. Participant's Overview
- 8.4.4.2. Financial Performance
- 8.4.4.3. Product Benchmarking
- 8.4.4.4. Strategic Initiatives
- 8.4.5. Henkel Iberica, S.A.
- 8.4.5.1. Participant's Overview
- 8.4.5.2. Financial Performance
- 8.4.5.3. Product Benchmarking
- 8.4.5.4. Strategic Initiatives
- 8.4.6. The Lubrizol Company
- 8.4.6.1. Participant's Overview
- 8.4.6.2. Financial Performance
- 8.4.6.3. Product Benchmarking
- 8.4.6.4. Strategic Initiatives
- 8.4.7. BASF SE
- 8.4.7.1. Participant's Overview
- 8.4.7.2. Financial Performance
- 8.4.7.3. Product Benchmarking
- 8.4.7.4. Strategic Initiatives
- 8.4.8. Dow
- 8.4.8.1. Participant's Overview
- 8.4.8.2. Financial Performance
- 8.4.8.3. Product Benchmarking
- 8.4.8.4. Strategic Initiatives
- 8.4.9. DuPont de Nemours, Inc.
- 8.4.9.1. Participant's Overview
- 8.4.9.2. Financial Performance
- 8.4.9.3. Product Benchmarking
- 8.4.9.4. Strategic Initiatives
- 8.4.10. Baker Hughes
- 8.4.10.1. Participant's Overview
- 8.4.10.2. Financial Performance
- 8.4.10.3. Product Benchmarking
- 8.4.10.4. Strategic Initiatives