Market Overview:
The global corrosion and scale inhibitors market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for corrosion and scale inhibitors in various applications, such as boilers, heating systems, steel mills, and others. In addition, the growing awareness about the benefits of using corrosion and scale inhibitors is also contributing to the growth of this market.
Product Definition:
Corrosion inhibitors are compounds that are used to decrease corrosion in water systems. Scale inhibitors are compounds that are used to prevent the formation of scale on surfaces in water systems. The importance of corrosion and scale inhibitors is that they help to protect equipment from damage and extend the life of the system.
Corrosion Inhibitors:
Corrosion inhibitors are chemicals that inhibit or delay the chemical reaction between a metal and its environment. The most common types of corrosion inhibitors used in water treatment include chelating agents, alkalinity regulators, and pH modifiers. Chelating agents remove the metallic ion from solution by binding to it; this results in less corrosion as compared to non-chelating agents.
Scale Inhibitors:
Scale inhibitors are chemicals that prevent the formation of new scales and help to remove existing ones. Scale inhibitors can be applied in various forms including solutions, coatings, and sprays. The most common scale inhibitor used is calcium hypochlorite which is a solution of 4% to 6% available chlorine in water or dilute acetic acid. It works by breaking down the protective coating on the surface of equipment causing corrosion or scaling.
Application Insights:
The boilers segment dominated the global corrosion and scale inhibitors market, accounting for over 40% of the overall revenue in 2017. The growth can be attributed to an increase in demand for steel from various sectors such as construction, transportation and energy. Boiler manufacturers are also focusing on providing solutions to control boiler corrosion without using expensive metal alloys or complicated manufacturing processes.
Corrosion inhibitors are used in heat exchangers & process equipment boilers where they reduce scale formation by acting as a barrier against corrosive elements like water vapor, steam and other gases present within the boiler feedwater. They also act as a medium that prevents any interaction between impurities within the feedwater and downstream components thereby reducing maintenance costs associated with these systems over their lifetime span. Scale inhibition is particularly important in heavily loaded systems owing to its ability to prevent deposits from forming on internal components which reduces operational efficiency of these units leading to higher operating costs when compared with non-scale-inhibited counterparts across various industries worldwide.
Regional Analysis:
Asia Pacific is expected to be the largest regional market over the forecast period. The region is anticipated to witness significant growth in terms of revenue as well as volume owing to increasing industrialization and rising GDPs of various countries, such as China, India, Indonesia, Thailand and Vietnam. In addition, rapid urbanization coupled with growing population has led to an increase in construction activities which will further drive product demand over the next eight years.
The Asia Pacific was followed by Europe that accounted for a share of 24% in 2016 on account of high consumption volumes generated by numerous steel mills across Germany and U.K., which are among the largest consumers globally for corrosion protection solutions including Corrosion Inhibitors and Scale inhibitors worldwide.
Growth Factors:
- Increasing demand from the oil and gas industry for corrosion and scale inhibitors to protect pipelines, drilling equipment, and other production infrastructure from damage.
- Growing popularity of water-based cooling systems in data centers, which are susceptible to scale build-up that can reduce cooling efficiency and lead to system failures.
- Increased regulation of water usage in industries such as power generation, mining, and agriculture, which is driving the adoption of corrosion and scale inhibitors to optimize water use and minimize wastewater discharge.
- Rising demand for treated drinking water in developing countries due to population growth and increasing standards of living; this is leading municipalities to invest in treatment plants that require corrosion and scale inhibitors for optimal performance.
- Proliferation of microelectronics devices such as smartphones, tablets, wearables etc., which are sensitive to even minute levels of contamination by ions like calcium or magnesium; this is fueling demand for high-quality corrosion &scale inhibitors that can provide reliable protection
Scope Of The Report
Report Attributes
Report Details
Report Title
Corrosion and Scale Inhibitors Market Research Report
By Type
Corrosion Inhibitors, Scale Inhibitors
By Application
Boilers, Heating Systems, Steel Mills, Others
By Companies
Akzo Nobel, BASF, Evonik, Kemira, Ashland, Solvay, SNF Group, General Electric, Veolia, Huntsman International, Shandong Taihe Water Treatment Technologies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Corrosion and Scale Inhibitors Market Report Segments:
The global Corrosion and Scale Inhibitors market is segmented on the basis of:
Types
Corrosion Inhibitors, Scale Inhibitors
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Boilers, Heating Systems, Steel Mills, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Akzo Nobel
- BASF
- Evonik
- Kemira
- Ashland
- Solvay
- SNF Group
- General Electric
- Veolia
- Huntsman International
- Shandong Taihe Water Treatment Technologies
Highlights of The Corrosion and Scale Inhibitors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Corrosion Inhibitors
- Scale Inhibitors
- By Application:
- Boilers
- Heating Systems
- Steel Mills
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Corrosion and Scale Inhibitors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Corrosion and scale inhibitors are chemicals that prevent metal from corroding or scaling.
Some of the major players in the corrosion and scale inhibitors market are Akzo Nobel, BASF, Evonik, Kemira, Ashland, Solvay, SNF Group, General Electric, Veolia, Huntsman International, Shandong Taihe Water Treatment Technologies.
The corrosion and scale inhibitors market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Corrosion and Scale Inhibitors Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Corrosion and Scale Inhibitors Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Corrosion and Scale Inhibitors Market - Supply Chain
4.5. Global Corrosion and Scale Inhibitors Market Forecast
4.5.1. Corrosion and Scale Inhibitors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Corrosion and Scale Inhibitors Market Size (000 Units) and Y-o-Y Growth
4.5.3. Corrosion and Scale Inhibitors Market Absolute $ Opportunity
5. Global Corrosion and Scale Inhibitors Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Corrosion and Scale Inhibitors Market Size and Volume Forecast by Type
5.3.1. Corrosion Inhibitors
5.3.2. Scale Inhibitors
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Corrosion and Scale Inhibitors Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Corrosion and Scale Inhibitors Market Size and Volume Forecast by Application
6.3.1. Boilers
6.3.2. Heating Systems
6.3.3. Steel Mills
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Corrosion and Scale Inhibitors Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Corrosion and Scale Inhibitors Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Corrosion and Scale Inhibitors Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Corrosion and Scale Inhibitors Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Corrosion and Scale Inhibitors Demand Share Forecast, 2019-2029
9. North America Corrosion and Scale Inhibitors Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Corrosion and Scale Inhibitors Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Corrosion and Scale Inhibitors Market Size and Volume Forecast by Application
9.4.1. Boilers
9.4.2. Heating Systems
9.4.3. Steel Mills
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Corrosion and Scale Inhibitors Market Size and Volume Forecast by Type
9.7.1. Corrosion Inhibitors
9.7.2. Scale Inhibitors
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Corrosion and Scale Inhibitors Demand Share Forecast, 2019-2029
10. Latin America Corrosion and Scale Inhibitors Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Corrosion and Scale Inhibitors Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Corrosion and Scale Inhibitors Market Size and Volume Forecast by Application
10.4.1. Boilers
10.4.2. Heating Systems
10.4.3. Steel Mills
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Corrosion and Scale Inhibitors Market Size and Volume Forecast by Type
10.7.1. Corrosion Inhibitors
10.7.2. Scale Inhibitors
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Corrosion and Scale Inhibitors Demand Share Forecast, 2019-2029
11. Europe Corrosion and Scale Inhibitors Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Corrosion and Scale Inhibitors Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Corrosion and Scale Inhibitors Market Size and Volume Forecast by Application
11.4.1. Boilers
11.4.2. Heating Systems
11.4.3. Steel Mills
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Corrosion and Scale Inhibitors Market Size and Volume Forecast by Type
11.7.1. Corrosion Inhibitors
11.7.2. Scale Inhibitors 11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Corrosion and Scale Inhibitors Demand Share, 2019-2029
12. Asia Pacific Corrosion and Scale Inhibitors Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Corrosion and Scale Inhibitors Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Corrosion and Scale Inhibitors Market Size and Volume Forecast by Application
12.4.1. Boilers
12.4.2. Heating Systems
12.4.3. Steel Mills
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Corrosion and Scale Inhibitors Market Size and Volume Forecast by Type
12.7.1. Corrosion Inhibitors
12.7.2. Scale Inhibitors
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Corrosion and Scale Inhibitors Demand Share, 2019-2029
13. Middle East & Africa Corrosion and Scale Inhibitors Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Corrosion and Scale Inhibitors Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Corrosion and Scale Inhibitors Market Size and Volume Forecast by Application
13.4.1. Boilers
13.4.2. Heating Systems
13.4.3. Steel Mills
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Corrosion and Scale Inhibitors Market Size and Volume Forecast by Type
13.7.1. Corrosion Inhibitors
13.7.2. Scale Inhibitors
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Corrosion and Scale Inhibitors Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Corrosion and Scale Inhibitors Market: Market Share Analysis
14.2. Corrosion and Scale Inhibitors Distributors and Customers
14.3. Corrosion and Scale Inhibitors Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Akzo Nobel
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BASF
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Evonik
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kemira
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ashland
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Solvay
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. SNF Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. General Electric
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Veolia
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Huntsman International
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Shandong Taihe Water Treatment Technologies
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
