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Corrosion Inhibitors Market Share, Size, Key Players, Research and Forecasts to 2024 | Hexa Research
“The global corrosion inhibitors market size is anticipated to grow beyond USD 8 billion by 2024 on account of the growing metal processing, construction, and power generation sectors.�
The global corrosion inhibitors market size is anticipated to grow beyond USD 8 billion by 2024 on account of the growing metal processing, construction, and power generation sectors. Corrosion inhibitors have gained popularity in the last few years as they provide reduced maintenance costs and enhanced equipment service life. The growing applications in power generation, water treatment, refining, mining, and construction industries are expected to augment the product demands during the forecast period (from 2016 to 2024). However, the ill-effects of conventional inhibitors on the plant, marine, and human biology coupled with the rising disposal issues are likely to hamper the industry growth. The global market is categorized as end-uses, products, applications, and regions. The end-use sector includes oil & gas, power generation, pulp & paper, metal processing, and chemical processing. Power generation was the dominant sector in 2015. It is further expected to grow due to the increasing government investments for various power generation projects in order to fulfill the rising energy needs. Oil & gas is estimated to become the fastest-growing sector. Browse Details of Report @ https://www.hexaresearch.com/research-report/corrosion-inhibitors-market
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