Growth Of Paints & Coatings Industry Will Drive Anti-corrosive Agents Market Demand In Near Future

The latest research report published by Fact.MR on the Survey of Anti-Corrosive Agents Market is intended to offer reliable data on various key factors shaping the growth curve & outlook of Anti-Corrosive Agents market. This report works as a rich source of information for key entities such as policy makers, end-use industries, investors, and opinion leaders.

The Demand analysis of Anti-Corrosive Agents Market offers a comprehensive analysis of diverse features, including production capacities Market analysis of Anti-Corrosive Agents, demand, product developments, revenue generation, and sales of Anti-Corrosive Agents Market across the globe

Market Introduction

Anti-corrosive agents are used to decrease the corrosion rate when added to a solvent, be it liquid or gas. Anti-corrosive agents form a layer around the substrate, which resists other chemicals and corrosion-causing agents that come in contact with the substrate layer.Anti-corrosive agents are used in various industries in the form of coatings, adhesives, sealants or other forms, depending upon the end-use industry.

Water-based anti-corrosive agents are used to protect metals surfaces, such as iron, aluminium, copper alloys, etc. against corrosion. Oil-based anti-corrosive agents have applications in plastic injection moulds, steel, electric products, and iron & copper alloys.

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Market Dynamics

  • Anti-corrosive agents have a wide range of applications in several end-use industries, especially in paints & coatings and the steel industry.
  • The growth of paints & coatings and the steel industry is expected to drive the anti-corrosive agents market in the near future.
  • Oil and natural gas industries encounter corrosion problems at various stages, which is also expected to drive the anti-corrosive agents market in the coming years.
  • The sales of anti-corrosive agents used as temporary corrosion inhibitors are expected to register significant growth driven by the growth of the food industry.
  • However, reduction in the efficiency of anti-corrosive agents due to temperature changes is likely to hamper the growth of the anti-corrosive agents market.

Critical insights into the report:

• In-depth assessment of the leading market players in the market
• The regional analysis of the various market segments and sub-
segments
• Recent mergers, acquisitions, collaborations, partnerships and
R&D activities.
• SWOT analysis of the major players in the market
• YoY sales growth of the market over the forecast period

How does Fact.MR help with strategic steps?

The data provided in the Kw market report provides a comprehensive analysis of key industry trends. Industry players can use this data to plan their potential business moves and generate remarkable revenue in the time to come.

The report includes price trend analysis and value chain analysis, as well as analysis of various offers from market participants. The main purpose of this report is to help companies make data-driven decisions and strategically plan their business steps.

List of participants

The participants in the corrosion protection market are listed below:

  • BASF SE
  • The Dow Chemical Company
  • Kao Corporation
  • Setral Chemie GmbH
  • Ascotran
  • ZET-Chemie
  • KL-Lampo
  • Wigol W. Stache GmbH
  • Aerosol Specialists Sdn. Bhd.

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Regional Outlook

The North America region has witnessed steady growth in the pharmaceutical industry in the recent years. The paints & coatings and oil & gas industries in the North America region are also growing at an appreciable rate.

These factors are expected to boost the sales of anti-corrosive agents in the region. Anti-corrosive agents are expected to register significant growth in the European region as well.

The European region is a prominent market with growing chemical, automotive, pharmaceutical and paints & coating industries. The growth of these industries in Europe is expected to boost the anti-corrosive agents market.

India and China are among the key developing regions with high potential for the sales of anti-corrosive agents. The growth of food, pharmaceutical, chemical, steel and paints & coatings industries in China and India is expected to boost the sales of anti-corrosive agents in the near future.

Middle East and Africa has witnessed moderate growth in the steel and chemical industry, which is expected to boost the sales of anti-corrosive agents to a certain extent.

However, the already established and growing oil & natural gas industry in the Middle East and Africa region is expected to drive the anti-corrosive agents market in the near future.

Latin America and APAC regions have moderately growing steel and pharmaceutical industries, which is expected to boost the anti-corrosive agents market in these regions in the coming years.

The research objectives of this report are:

–To understand the structure of the market by identifying the different sub-segments.
– Focuses on major global manufacturers to define, describe and analyze sales volume, value, market share, market competitive landscape, SWOT analysis and development plans over the next few years.
– To share detailed information on the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
–To analyze competitive developments such as expansions, agreements, product launches and acquisitions in the market.
–To strategically profile the most important players and to comprehensively analyze their growth strategies.
– Analysis of individual growth trends, future prospects and their contribution to the overall market.

Market segmentation

The Corrosion Protection Products Market is segmented as follows:

Corrosion protection agents through chemistry:

Oil-based Other
soluble in water

Corrosion protection agents according to the consumer industry:

Paints & Coatings
Steel
Oil & Natural Gas
Pharmaceutical
Other

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