What is Corrosion Inhibitor
A corrosion Inhibitor is a substance that reduces the corrosion rate of a metal surface exposed to a corrosive environment by its chemical activity. Corrosion inhibitors are commonly used in the industry, and also found in over-the-counter products, typically in spray form as additives with a lubricant. Corrosion inhibitors have a common mechanism of formation of the coating, often a passivation layer over the metal surface to avoid corrosion. Anodic inhibitors, cathodic inhibitors, and mixed inhibitors are three types of inhibitors. They are commonly added to coolants, fuels, hydraulic fluids, boiler water, engine oil, and many other fluids used in industry. The rising demand for corrosion inhibitors for oilfield chemicals, the construction industry, water treatment plants, the oil and gas sector, and many other industries boosts the Corrosion Inhibitor Market. Stringent government rules on the harmful effect of corrosion inhibitor materials on the environment hampered market growth.
Here are some of the driving factors that are increasing opportunities for the Corrosion Inhibitor market growth:
Increasing demand from end-use industries:
Industrial machinery requires freshwater to carry out the manufacturing and other processes. The freshwater present on the earth accounts for only 2.5%. Hence to carry the industrial processes, water treatment is very must to avoid corrosion. Corrosion inhibitors are added to water to slow down the rate of corrosion and prevent scale deposits which allows a higher flow rate and efficiency. Various chemicals such as hydrogen peroxide, bromine, sulfuric acid, and others are used in the industries like oil and gas, metals, petroleum, construction, transportation, and electronics to avoid corrosion. Hence increasing demand from end-use industries is driving the Corrosion Inhibitors Market growth.
Application of biomass corrosion inhibitors:
Biomass corrosion inhibitors are an alternative source to traditional organic and inorganic corrosion inhibitors. Biomass corrosion inhibitors are available from numerous sources, including plants, animals, and microorganisms. Corrosion inhibitors extracted from flowers, fruits, leaves, stems, and roots of plants have many advantages, such as they have low toxicity, biodegradability, cost-effectiveness, eco-friendliness, and abundant sources. Increasing demand for the application of biomass corrosion inhibitors is driving the Corrosion Inhibitors Market.
Here are some of the restraining factors that are increasing opportunities for Corrosion Inhibitor market growth:
Stringent government rules and regulations:
The chemicals used in the corrosion inhibitors in industries are very harmful to both humans and the environment. These inhibitors have the ability to cause damage to organ systems. The two corrosion inhibitors used in coatings, red lead and zinc chromate affect the human kidneys, and liver, and disturb a biochemical process of an enzyme system at some sites in the body. The Food and Environment Protection Act has set some limits on corrosion inhibitors containing heavy metals. Hence, stringent government regulations and regulatory pressure hinder the Corrosion Inhibitors market growth.
Conclusion:
Corrosion inhibitors are chemicals used to inhibit or slow down the process of corrosion. Anodic, cathodic, and mixed are the three main types of corrosion inhibitors. They are widely used in power generation, paper & pulp, oil & gas, metal processing, water treatment, and chemical processing. Increasing demand in end-use industries and rising demand for the application of biomass corrosion inhibitors are the driving factors whereas stringent government rules and regulations on the use of corrosion inhibitors restrain the growth of the Corrosion Inhibitor Market.
Author's Detail:
Smruti Ransingh /
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Smruti Ransingh, holding a Bachelor's degree in Electronics and Telecommunication Engineering, is a seasoned market researcher in the Electronics & Electrical industry. Over the years, she has collaborated with key players in the field, aiding them in identifying market prospects and offering effective strategic solutions. Her proficiency lies in integrating qualitative and quantitative research techniques to conduct Market Assessments that steer business choices.
