Market Analysis Report Corrosion Inhibitors Market | Page 2

Your Catalyst to a Lucrative Business the next eight years. The inorganic inhibitors sector is also said to witness increased demands on account of the favorable ecological regulations on these inhibitors in the United States, United Kingdom, and Germany. The applications sector comprises oil-based and water-based applications. The water-based sector is anticipated to experience fast growth, specifically in water treatment sector, as a result of lower emissions of Volatile Organic Content (VOC) as compared to the solvent-based applications. The oil- based applications are likely to witness slow growth due to their limited application base, safety hazards, and high flammability. However, steady performance of oil-based inhibitors is projected to boost the demands in the near future. The North American market will have lucrative growth with a CAGR of over 5 % from 2016 to 2024. The Middle East & Africa is anticipated to grow significantly due to the factors such as the presence of various oil & gas reserves and growing infrastructural development in different countries including Saudi Arabia, South Africa, etc. Some of the major companies in the corrosion inhibitors market are Ashland Inc.; Cortec Corp.; and Ecolab Inc. Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/disinfectants-and- preservatives-industry About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: [email protected] Website - https://www.hexaresearch.com Follow Us: