Oil and Gas Corrosion Protection market globally grow tremendously at a CAGR of about 4.24% by 2021

ResearchMoz presents professional and in-depth study of "Global Oil and Gas Corrosion Protection Market 2017-2021".

Corrosion is a process of dissolution of metals due to the chemical reaction of metals with their environment. Some metals corrode faster than others.

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The corrosion that occurs in offshore oil and gas production is a critical issue as compared to onshore exploration and production. In offshore exploration, the corrosion is mainly initiated by the presence of oxygen and is worsened by the presence of chloride, as seawater is an excellent conductor. The oil and gas industry is a high risk and capital-intensive market. The assets of onshore and offshore exploration and production range from wells and drilling rigs to risers and pipelines.

Technavios analysts forecast the global oil and gas corrosion protection market to grow at a CAGR of 4.24% during the period 2017-2021 .

Covered in this report

The report covers the present scenario and the growth prospects of the global oil and gas corrosion protection market for 2017-2021 . To calculate the market size, the report considers the revenues generated from various sectors such as downstream, midstream, and downstream.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

Technavio's report, Global Oil and Gas Corrosion Protection Market 2017-2021 , has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors

Akzo Nobel

BASF

Hempel

The Sherwin-Williams Company

Other prominent vendors

Aegion

Ashland

Axalta Coating Systems

Belzona International

Chase

Impreglon

Jotun

KANSAI PAINT

Metal Coatings

RPM

Market driver

Oil and gas exploration and production activities

For a full, detailed list, view our report

Market challenge

Volatility in crude oil prices

For a full, detailed list, view our report

Market trend

Advancement in technology for corrosion detection

For a full, detailed list, view our report

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Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

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