The report of Corrosion Monitoring Market, By Technique (Linear polarization resistance, Ultrasonic thickness measurement, Corrosion coupons, Electrical resistance, Galvanic and Others) End-user (Power Generation, Manufacturing, Pulp and Paper, Oil and Gas, Chemical and Others) and Region (North America, Europe, Middle East & Africa, South America, Asia Pacific) is expected to reach US$ 721.55 Mn by 2027, at a CAGR of 11.2% during a forecast period.
Technique segment is expected to grow at the highest CAGR of XX% during the forecast period.
Ultrasonic thickness measurement sector accounts for the majority of the demand amongst other technique in the global corrosion monitoring market globally, as growth in end-users such as oil and gas, chemical industries are growing. Colloidal segment held approximately 45% in the global corrosion monitoring market. The crucial aspects help to drive the growth of this technique owing to easy and fast monitoring of process, accuracy of data and ease of operations making this technique most preferred over others.
The North America region dominated the Corrosion Monitoring Market in 2019.
Regionally, North America is expected to witness the noticeable growth during the forecast period. Growing project of new oil and gas plants will highly demand for corrosion monitoring technique expected to boost the market during 2020-2027.
Major Key player’s executing in the Global Corrosion Monitoring Market are Crystal Industrial Syndicate Pvt. Limited, Honeywell International, Alabama Speciality Products, Metex Corporation Limited, Brown Corrosion Services Inc, Korosi Specindo, Pyramid Technical Services, SGS SA, ICORR Technologies, Cosasco, Intertek, Permasense, Rysco Corrosion Services, BAC Corrosion Control, Roxar and Caproco.
Maximize Market Research, a global market research with a dedicated team of specialists and, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Global Corrosion Monitoring Market. The driving forces, as well as considerable restraints, have been explained in depth. in addition to this, competitive landscape describing the strategic growth of the competitors has been taken into consideration for enhancing market know-how of our clients and at the same time explain Global Corrosion Monitoring Market positioning of competitors.
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