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Article Title: US Corrosion Inhibitor Demand to Reach $2.8 Billion
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Publication: NLGI, 5/4/2016
Freedonia Study: Corrosion Inhibitors (3409)

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US Corrosion Inhibitor Demand to Reach $2.8 Billion in 2020US demand for corrosion inhibitors is forecast to rise 3.1 percent per year to $2.8 billion in 2020; volume will approach 1.7 billion pounds. Growth in demand will be driven by overall economic expansion, with key industries for corrosion inhibitors, such as chemicals and metals manufacturing, particularly benefiting.
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Article Title: US corrosion inhibitor demand to experience growth
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Publication: Hydrocarbon Engineering, 5/5/2016
Freedonia Study: Corrosion Inhibitors (3409)

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US demand for corrosion inhibitors is forecast to rise 3.1%/y to US$2.8 billion in 2020, while volume will approach 1.7 billion lbs. Growth in demand will be driven by overall economic expansion, with key industries for corrosion inhibitors, such as chemicals and metals manufacturing, particularly benefiting. The oil and gas market, which remained in a severe downturn entering mid-2016, is expected to see recovery take hold by 2020, leading to greater demand for corrosion inhibitors in drilling and hydraulic fracturing applications. While healthy growth is expected overall, the presence of several relatively mature markets, such as lubricant and fuel additives and pulp and paper, will prevent stronger advances. These and other trends are presented in Corrosion Inhibitors, a new study from The Freedonia Group.
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