Industrial Grade Corrosion Inhibitor Chemical is injected at the level of well head, gas extraction columns, pipelines header etc as per the requirements where it is pumped along with gas/ oil / oil and gas into the pipeline so as to provide a thin protective film on the metal surface that inhibits the reaction of corroding compounds such as acids, oxygen and saline water with the metal surface and thereby protects the oil field assets from the corrosion attack. The Chemical is a combination of esters of fatty alcohols and amines, imidazolines, their salt, quaternary ammonium compound and amides mixed in right proportion and formulated as per the requirement of each oil and gas field. The Chemical is offered in accurate composition. The Industrial Grade Corrosion Inhibitor Chemical is capable of providing efficient performance.