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Increasing Adoption of Corrosion Monitoring Solutions in Emerging Economies to Offer Transformative Growth
17-Oct-2023
Global
Market Research
K978-01-00-00-00
TM_2023_220
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
Legal Disclaimer
List of Figures
- Corrosion Monitoring Market: Growth Drivers, Global, 2023–2027
- Corrosion Monitoring Market: Growth Restraints, Global, 2023–2027
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| 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 |
| List of Charts and Figures | Corrosion Monitoring Market: Growth Drivers, Global, 2023–2027~ Corrosion Monitoring Market: Growth Restraints, Global, 2023–2027~ |
| Podcast | No |
| WIP Number | K978-01-00-00-00 |