Growth Opportunities in Corrosion Monitoring

Growth Opportunities in Corrosion Monitoring

Increasing Adoption of Corrosion Monitoring Solutions in Emerging Economies to Offer Transformative Growth

RELEASE DATE
17-Oct-2023
REGION
Global
Deliverable Type
Market Research
Research Code: K978-01-00-00-00
SKU: TM_2023_220
AvailableYesPDF Download
$2,450.00
In stock
SKU
TM_2023_220

Growth Opportunities in Corrosion Monitoring
Published on: 17-Oct-2023 | SKU: TM_2023_220

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The importance of installing corrosion monitoring solutions is increasing due to aging assets and infrastructure in places like oil and gas plants and power plants. These solutions are gaining popularity globally because they can detect severe, rapidly progressing corrosion that could be missed during a conventional periodic inspection.

The corrosion monitoring market is split into product category and end-use industry segments. Product category is segmented into intrusive and non-intrusive corrosion monitoring. Intrusive corrosion monitoring includes electrical resistance (ER probes), linear polarization resistance (LPR probes), and corrosion coupons, and non-intrusive corrosion monitoring includes permanently installed ultrasonic sensors that measure wall thickness and correlate thickness data to corrosion. The end-use industry is segmented into upstream oil and gas, mid-stream oil and gas, downstream oil and gas, and others.

The study's main objective is to identify the key growth opportunities prevailing in the market and what factors would boost or restrain the market growth.

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the Corrosion Monitoring Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Scope of Analysis

Corrosion Monitoring Market—End-use Industries

Corrosion Monitoring Market—Overview

O&G Industry—Present Trends

Key Competitors

Growth Drivers

Growth Driver Analysis

Growth Driver Analysis (continued)

Growth Driver Analysis (continued)

Growth Driver Analysis (continued)

Growth Restraints

Growth Restraint Analysis

Growth Restraint Analysis (continued)

United Nations’s Sustainable Development Goals

How Will Corrosion Monitoring Help Achieve Sustainability?

How Are Corrosion Monitoring Participants Addressing Their Sustainability Strategy?

How Are Corrosion Monitoring Participants Addressing Their Sustainability Strategy? (continued)

Growth Opportunity 1: AI-based Corrosion Detection and Monitoring

Growth Opportunity 1: AI-based Corrosion Detection and Monitoring (continued)

Growth Opportunity 2: Digital Twin

Growth Opportunity 2: Digital Twins (continued)

Growth Opportunity 3: Value-added Services

Growth Opportunity 3: Value-added Services (continued)

Growth Opportunity 4: Offering a Broad Range of Solution Options

Growth Opportunity 4: Offering a Broad Range of Solution Options (continued)

Growth Opportunity 5: Opportunities in Asia-Pacific

Growth Opportunity 5: Opportunities in Asia-Pacific (continued)

List of Exhibits

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The importance of installing corrosion monitoring solutions is increasing due to aging assets and infrastructure in places like oil and gas plants and power plants. These solutions are gaining popularity globally because they can detect severe, rapidly progressing corrosion that could be missed during a conventional periodic inspection. The corrosion monitoring market is split into product category and end-use industry segments. Product category is segmented into intrusive and non-intrusive corrosion monitoring. Intrusive corrosion monitoring includes electrical resistance (ER probes), linear polarization resistance (LPR probes), and corrosion coupons, and non-intrusive corrosion monitoring includes permanently installed ultrasonic sensors that measure wall thickness and correlate thickness data to corrosion. The end-use industry is segmented into upstream oil and gas, mid-stream oil and gas, downstream oil and gas, and others. The study's main objective is to identify the key growth opportunities prevailing in the market and what factors would boost or restrain the market growth.
More Information
Deliverable Type Market Research
Author Shruti Yewale
Industries Test and Measurement Instrumentation
No Index No
Is Prebook No
Keyword 1 Corrosion Monitoring
Keyword 2 Corrosion Analysis Market
Keyword 3 Corrosion Resistance Technologies
Podcast No
WIP Number K978-01-00-00-00