Global Oilfield Corrosion Inhibitor Market Growth 2023-2029

Global Oilfield Corrosion Inhibitor Market Growth 2023-2029

Corrosion inhibitors are chemical compounds that are added in small concentration to a fluid to minimize or prevent the corrosion-related problems triggered by widely varying processing conditions and concentrations of salts and water at different stages of oil and gas production processes.
Oilfield corrosion inhibitors are widely used in the petroleum industry. From oil drilling, mining, gathering and transportation to refining, corrosion inhibitors are often used. Especially in the development of high-sulfur oil and gas fields, due to the severe corrosion of hydrogen sulfide gas to drill pipe equipment and tubing and casing, corrosion inhibitors resistant to hydrogen sulfide corrosion must be used. For oil and gas wells to be acidified, high temperature acidification corrosion inhibitors must be used; in addition，oilfield oily wastewater treatment and re-injection should also use corrosion inhibitors for anti-corrosion treatment.
LPI (LP Information)' newest research report, the “Oilfield Corrosion Inhibitor Industry Forecast” looks at past sales and reviews total world Oilfield Corrosion Inhibitor sales in 2022, providing a comprehensive analysis by region and market sector of projected Oilfield Corrosion Inhibitor sales for 2023 through 2029. With Oilfield Corrosion Inhibitor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Oilfield Corrosion Inhibitor industry.
This Insight Report provides a comprehensive analysis of the global Oilfield Corrosion Inhibitor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Oilfield Corrosion Inhibitor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Oilfield Corrosion Inhibitor market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Oilfield Corrosion Inhibitor and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Oilfield Corrosion Inhibitor.
The global Oilfield Corrosion Inhibitor market size is projected to grow from US$ 1781.3 million in 2022 to US$ 2401 million in 2029; it is expected to grow at a CAGR of 2401 from 2023 to 2029.
Global key players of Oilfield Corrosion Inhibitor include Ecolab, GE (Baker Hughes), SUEZ Water Technologies & Solutions, Halliburton, Schlumberger and Lubrizol, etc. Top five players occupy for a share about 46%. North America is the largest market, with a share about 23%, followed by Asia-Pacific and Europe. In terms of product, Organic Corrosion Inhibitor is the largest segment, with a share over 82%. In terms of application, Oilfield Gathering and Transportation Systems is the largest market, with a share over 44%.
This report presents a comprehensive overview, market shares, and growth opportunities of Oilfield Corrosion Inhibitor market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Organic Corrosion Inhibitor
Inorganic Corrosion Inhibitors
Segmentation by application
Oilfield Drilling System
Oilfield Gathering and Transportation Systems
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Ecolab
GE (Baker Hughes)
SUEZ Water Technologies & Solutions
Halliburton
Schlumberger
Lubrizol
Solenis
BASF
Clariant
ICL Advanced Additives
LANXESS
Lonza
Daubert Chemical
Key Questions Addressed in this Report
What is the 10-year outlook for the global Oilfield Corrosion Inhibitor market?
What factors are driving Oilfield Corrosion Inhibitor market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Oilfield Corrosion Inhibitor market opportunities vary by end market size?
How does Oilfield Corrosion Inhibitor break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.