US demand for corrosion inhibitors is forecast to rise 4.1%
per year to $2.5 billion in 2017, with volume demand
approaching 1.7 billion pounds (Table 1).
Growth will be driven by higher oil and natural
gas output, particularly from shale formations, as well as
by increasing chemical production and an expanding economy.
Additionally, robust increases in construction spending will support
demand for corrosion inhibitors used in cement and concrete,
industrial coatings and metal applications. Value growth will
also be aided by the introduction of new hybrid products that
have functions in addition to corrosion protection. These and
other trends are presented in a new study from The Freedonia