The North Sea Market for Corrosion Inhibitors in Oil Production Operations (1999)

The North Sea corrosion inhibitor market is estimated at $20 million in 1999. This market has grown significantly over the past 5 years but slower growth rates are predicted in the period to 2005 primarily due to the increased utilisation of corrosion resistant alloys in oilfield production systems.

The report contains assessments of this significant production chemicals market by country sectors, corrosion types, application methods, inhibitor chemistry, industry structure, major customers and suppliers. The report highlights current technology developments and future business opportunities for corrosion inhibition technologies.

Environmental regulation will increasingly impact the use and discharge of chemicals in offshore oil and gas production operations. Current inhibitor technology can provide highly cost effective corrosion protection but future environmental requirements, particularly in Norway, are pushing operators to adopt material solutions in preference to chemicals in the absence of cost effective, low environmental impact corrosion inhibitor chemistry.

A major business opportunity exists for novel “green” chemistry providing similar technical performance to current additive technologies.

DataSolve™ Report No 2
Published 30 March, 2000
Price 1,600 Euros plus VAT