Global Corrosion Monitoring System Market Trend, Size and Future Outlook – 2022


Published on : Sep 04, 2017

Albany, New York, September 4, 2017: Corrosion monitoring is an important part of maintaining functional condition at an optimum level. Moreover, it also plays an important role extending the service life of the industrial assets and systems. The corrosion monitoring system includes services, software and hardware (sensors, probes and other monitoring equipment). Recently, Market Research Hub (MRH) has broadcasted an addition of report on global corrosion monitoring system market to its vast database. The report, which is titled “Global and Europe Corrosion Monitoring System Market - Analysis and Outlook to 2022” offer an exhaustive analysis of the market, including it structure, characteristics, dynamics, growth trends, demand drivers and major players among others.  This report offers a complete and in-depth overview of the corrosion monitoring system market in Europe, which talks about the historic performance of the market from 2012 to 2016, as well as future projections from 2017 to 2022. Also, the reader will get information on the latest undertakings and trends in the industry.

The report also covers the current scenario and future growth opportunities of the market. The report has been compiled after conducting comprehensive market analysis with inputs from an in-house panel of industry experts.  In addition, the report covers a broad market landscape as well as offers information of key market risk assessments.

Corrosion monitoring systems typically finds application in high risk industrial operations where corrosion inhibitors are used extensively. In many industrial setups, corrosion monitoring system has become crucial to maintain safety standards in batch productions with high corrosive concentration. The oil & gas industry is one of the primary application area for corrosion monitoring system. The inherent nature of industry keeps it under severe scrutiny on environmental agencies.  The oil & gas industry is subjected to high risk and hence requires extreme safety standards to improve asset durability and adhere to laws of maintaining a corrosion-free environment. The need of corrosion monitoring system in industrial setup is primarily in areas that are susceptible to accidents such as gathering system, flow line, pipeline, water injection facilities, transport, chemical injection system, vessels, and drilling mud system among others. Moreover, increased production of crude oil as well as growing demand from downstream industries is anticipated to boost the global sales of corrosion monitoring system in the forthcoming year. 
Segmentation of the market on the basis of key product type which include monitoring method (radiographic monitoring, electromagnetic monitoring, ultrasonic monitoring, guided wave monitoring and destructive monitoring), product & service: (services, hardware and software) and quality: (non-intrusive and Intrusive) has also been outlined for the scope of report. Further, the report talks about key application segments of the products such as oil and gas, power generation, and chemical among others. 

Leading companies that have been profiled in the report include Rysco Corrosion Services (Canada), Emerson (US), Honeywell (US), ClampOn (Norway), SGS Group (Switzerland), Buckleys (UVRAL), Intertek (US), ChemTreat (UK), Cosasco (US), Korosi Specindo (Indonesia), Huguenot Laboratories (US), Pyramid Technical Services (India), BAC Corrosion Control (UK), Alabama Specialty Products (US), Circul-Aire (Canada), Icorr Technologies (US), and Aquarius Technologies (US).

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