Market Overview:
The global sacrificial anodes market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cathodic protection (CP) services and rising awareness about corrosion prevention among end-users. In terms of type, the aluminium anodes segment is expected to lead the global sacrificial anodes market during the forecast period, followed by zinc and magnesium anodes segments. The aluminium anode segment is projected to grow at a CAGR of 6% during the forecast period from 2018 to 2030. In terms of application, CP services are expected to lead the global sacrificial anodes market during the forecast period, followed by other applications such as pipelines & tanks and marine industry.
Product Definition:
A sacrificial anode is a piece of metal (usually zinc, magnesium or aluminum) that is used to corrode faster than the metal object it is protecting. The sacrificial anode creates a voltage difference between it and the protected metal, which causes electricity to flow from the anode to the protected metal. This flow of electricity prevents corrosion on the surface of the protected metal.
Aluminium Anodes:
Aluminum anodes are used in the treatment of magnesium and calcium salts. It is also used as a substitute for lead in batteries. The aluminum anode is made by coating paper with aluminum, which on being moistened becomes positively charged. Lead acid battery can be rejuvenated by adding water to the electrolyte during charging; this process does not affect the lifespan of lead but improves its ability to deliver electricity when needed most.
Zinc Anodes:
Zinc anodes are used in the treatment of diseases such as zinc deficiency, which is caused by poor diet or illness. Zinc anode acts as a storage place for zinc when it is not being used by the body and can be replenished through oral intake or a injection. The most common symptom of zinc deficiency is hair loss. In addition, low levels of testosterone and infertility may also result from zinc deficiencies.
Application Insights:
The other application segment includes electrochemical capacitors, electrochemical sensors and fuel cells. The demand for the product in electrochemical capacitors is expected to witness growth at a CAGR of XX% from 2018 to 2030 owing to the rising number of energy storage projects across developed economies.
Sacrificial anodes are used in lead-acid battery systems as they provide better performance and extended life with minimal maintenance cost over their lifetime. Thus, increasing automotive sales is likely to augment market growth during the forecast period as it aids in providing better driving experience while avoiding short circuiting problems by creating a stable potential difference between electrodes. In addition, these products also help prevent corrosion if any on the battery system which further boosts their demand globally over the coming years as seen before!.
In terms of volume, automotive batteries dominated with a share of 33% in 2017 followed by industrial (27%) and residential (20%).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of petroleum, chemical and power generation industries that are at risk of corrosion due to high seawater contact. Rising awareness regarding environmental protection along with increasing investments in offshore oil & gas exploration activities are anticipated to drive the regional market growth over the forecast period.
The growing electrical & electronics industry across emerging economies such as China, India, Indonesia and Vietnam is also estimated to fuel demand for sacrificial anodes in Asia Pacific during the forecast period. In addition, rising concerns regarding energy security coupled with expanding electricity generation facilities have led governments across this region towards augmenting their energy requirements through nuclear power plant construction which will further boost product demand during the projected time-frame.
Growth Factors:
- Increasing demand for sacrificial anodes from the oil and gas industry as a result of increasing exploration and production activities
- Rising demand for sacrificial anodes from the power generation sector, owing to the increasing installation of new power plants across the globe
- Growing popularity of cathodic protection (CP) as a corrosion prevention technique
- Proliferation of maritime trade and growing investments in port infrastructure development projects worldwide
- Stringent environmental regulations pertaining to emissions and effluents that are driving investments in wastewater treatment plants
Scope Of The Report
Report Attributes
Report Details
Report Title
Sacrificial Anodes Market Research Report
By Type
Aluminium Anodes, Zinc Anodes, Magnesium Anodes, Other
By Application
Cathodic Protection, Other
By Companies
Syncor Cathodic Protection, Shaanxi Elade New Material Technology, PSL Limited, MME Group, EPSIPL, Houston Anodes, Galvotec, BAC Corrosion Control, MGDUFF
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
127
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Sacrificial Anodes Market Report Segments:
The global Sacrificial Anodes market is segmented on the basis of:
Types
Aluminium Anodes, Zinc Anodes, Magnesium Anodes, Other
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
Cathodic Protection, Other
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:
- Syncor Cathodic Protection
- Shaanxi Elade New Material Technology
- PSL Limited
- MME Group
- EPSIPL
- Houston Anodes
- Galvotec
- BAC Corrosion Control
- MGDUFF
Highlights of The Sacrificial Anodes 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:
- Aluminium Anodes
- Zinc Anodes
- Magnesium Anodes
- Other
- By Application:
- Cathodic Protection
- Other
- 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 Sacrificial Anodes 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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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?
Sacrificial anodes are a type of electrode that is used in electrochemical cells to increase the efficiency of the cell. Sacrificial anodes are made from materials that can be easily replaced, such as metal or plastic, and they are designed to corrode over time. This process creates a negative charge on the sacrificial anode and a positive charge on the cathode. The sacrificial anode allows current to flow through it more easily than would otherwise be possible, which increases the efficiency of the cell.
Some of the key players operating in the sacrificial anodes market are Syncor Cathodic Protection, Shaanxi Elade New Material Technology, PSL Limited, MME Group, EPSIPL, Houston Anodes, Galvotec, BAC Corrosion Control, MGDUFF.
The sacrificial anodes market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sacrificial Anodes Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Sacrificial Anodes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sacrificial Anodes Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Sacrificial Anodes Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Sacrificial Anodes Market Size & Forecast, 2020-2028
4.5.1 Sacrificial Anodes Market Size and Y-o-Y Growth
4.5.2 Sacrificial Anodes Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Aluminium Anodes
5.2.2 Zinc Anodes
5.2.3 Magnesium Anodes
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Cathodic Protection
6.2.2 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sacrificial Anodes Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Sacrificial Anodes Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Aluminium Anodes
9.6.2 Zinc Anodes
9.6.3 Magnesium Anodes
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Cathodic Protection
9.10.2 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Aluminium Anodes
10.6.2 Zinc Anodes
10.6.3 Magnesium Anodes
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Cathodic Protection
10.10.2 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Aluminium Anodes
11.6.2 Zinc Anodes
11.6.3 Magnesium Anodes
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Cathodic Protection
11.10.2 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Aluminium Anodes
12.6.2 Zinc Anodes
12.6.3 Magnesium Anodes
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Cathodic Protection
12.10.2 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Aluminium Anodes
13.6.2 Zinc Anodes
13.6.3 Magnesium Anodes
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Cathodic Protection
13.10.2 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Sacrificial Anodes Market: Competitive Dashboard
14.2 Global Sacrificial Anodes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Syncor Cathodic Protection
14.3.2 Shaanxi Elade New Material Technology
14.3.3 PSL Limited
14.3.4 MME Group
14.3.5 EPSIPL
14.3.6 Houston Anodes
14.3.7 Galvotec
14.3.8 BAC Corrosion Control
14.3.9 MGDUFF
