Asia Pacific Corrosion Inhibitors Market By End-Use Industry Forecast (2016-2023)
The above chart is Global Corrosion Inhibitors market [2016-2023] Asia Pacific by End-Use Industry
china accounted for the largest market share in 2017 in the asia pacific corrosion inhibitors market, and is expected to reach usd 2009.90 million in 2023 from usd 1464.10 million in 2017. however, rest of asia pacific is the fastest growing market, which is expected to grow at a cagr of 5.79% during the forecast period 2018 - 2023. water based corrosion inhibitor segment accounted for the larger market share in 2017, this market is expected to reach usd 2637.70 million in 2023 from usd 1893.80 million in 2017. this market is projected to grow at a cagr of 5.77% during the forecast period from 2018 - 2023. however, water based corrosion inhibitor segment is the fastest growing market, which is expected to grow at a cagr of 5.77% during the forecast period 2018 - 2023. power generation segment accounted for the largest market share in 2017, this market is expected to reach usd 1125.70 million in 2023 from usd 784.90 million in 2017. this market is projected to grow at a cagr of 6.27% during the forecast period from 2018 - 2023. however, others segment is the fastest growing market, which is expected to grow at a cagr of 6.46% during the forecast period 2018 - 2023. organic corrosion inhibitor segment accounted for the larger market share in 2017, this market is expected to reach usd 2606.60 million in 2023 from usd 1939.50 million in 2017. this market is projected to grow at a cagr of 5.14% during the forecast period from 2018 - 2023. however, inorganic corrosion inhibitor segment is the fastest growing market, which is expected to grow at a cagr of 5.69% during the forecast period 2018 - 2023.