Corrosion Monitoring Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented, By Type (Intrusive Techniques, Non-Intrusive Techniques), By Technique (Corrosion Coupons, Electrical resistance, Linear Polarization Resistance, Galvanic, Ultrasonic Thickness Measurement), By End-User (Oil & Gas, Chemical, Manufacturing), By Region, By Competition, 2020-2030F

May 2025 | 180 pages | ID: C37B3564833FEN
TechSci Research

Abstracts

Market Overview

The Corrosion Monitoring Market was valued at USD 4.89 Billion in 2024 and is projected to reach USD 8.97 Billion by 2030, growing at a CAGR of 10.48% during the forecast period. This market involves the development and deployment of technologies and services that monitor corrosion in infrastructure and industrial equipment, playing a crucial role in asset protection, operational safety, and regulatory compliance. Corrosion monitoring systems are widely used in industries such as oil & gas, petrochemicals, power generation, water treatment, and marine operations to prevent equipment failures, reduce maintenance costs, and extend the life cycle of critical assets. As industries face increased regulatory pressure and seek digital solutions for predictive maintenance, the demand for smart, real-time, and IoT-enabled corrosion monitoring tools is expanding rapidly across global markets.

Key Market Drivers

Stringent Government Regulations and Industry Standards for Safety and Environmental Protection

The market is significantly driven by stringent regulations that mandate safe operating conditions, environmental protection, and structural integrity across industries like oil & gas, power generation, and marine. Authorities such as the EPA, OSHA, and international agencies like IMO and ECHA require continuous corrosion monitoring and control to prevent hazardous incidents, environmental spills, and structural failures. These regulations encourage the use of advanced corrosion monitoring systems that provide early detection and actionable insights to avoid costly downtime and legal liabilities. Additionally, compliance with global standards such as NACE MR0175 and API RP 571 is prompting companies to adopt reliable and standardized monitoring solutions. The growing demand for safety audits, risk mitigation, and sustainability practices further accelerates the adoption of corrosion monitoring technologies.

Key Market Challenges

High Implementation and Operational Costs

The adoption of corrosion monitoring systems faces a significant barrier in terms of high initial investment and ongoing operational costs. Advanced systems, particularly those offering real-time data and remote monitoring, involve costly equipment, installation, and software integration. SMEs, in particular, may find it difficult to allocate capital for such investments, especially in price-sensitive sectors. Maintenance of sophisticated monitoring devices and the need for skilled technicians further increase the total cost of ownership. Additionally, installations in remote or offshore environments introduce logistical complexities and elevate deployment costs, limiting market penetration among smaller operators and in developing regions.

Key Market Trends

Integration of Smart Sensors and IoT in Corrosion Monitoring Systems

A key trend transforming the corrosion monitoring market is the integration of smart sensors and IoT technologies that enable continuous, real-time monitoring of corrosion conditions. These systems collect high-frequency data and transmit it to cloud-based platforms where predictive analytics and AI models assess risk and suggest maintenance strategies. This trend is driving a shift from reactive maintenance to predictive and condition-based maintenance, especially in sectors like oil & gas, marine, and industrial manufacturing. IoT-enabled systems enhance safety, reduce operational costs, and support compliance through automated data logging and reporting. Emerging technologies such as 5G and edge computing are also improving the responsiveness and reliability of these systems, making them more accessible and effective for remote and offshore applications.

Key Market Players

• Honeywell International Inc.
• Emerson Electric Co.
• General Electric Company
• Rohrback Cosasco Systems, Inc.
• Intertek Group plc
• SGS Soci?t? G?n?rale de Surveillance SA
• Tinker & Rasor, Inc
• Applied Corrosion Monitoring, Inc.
• Buckleys (UVRAL) Limited
• Icorr Technologies Limited

Report Scope:

In this report, the Global Corrosion Monitoring Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Corrosion Monitoring Market, By Type:

• Intrusive Techniques
• Non-Intrusive Techniques

Corrosion Monitoring Market, By Technique:

• Corrosion Coupons
• Electrical Resistance
• Linear Polarization Resistance
• Galvanic
• Ultrasonic Thickness Measurement

Corrosion Monitoring Market, By End-User:

• Oil & Gas
• Chemical
• Manufacturing

Corrosion Monitoring Market, By Region:

• North America
• United States
• Canada
• Mexico
• Europe
• France
• United Kingdom
• Italy
• Germany
• Spain
• Asia-Pacific
• China
• India
• Japan
• Australia
• South Korea
• South America
• Brazil
• Argentina
• Colombia
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE
• Kuwait
• Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Corrosion Monitoring Market.

Available Customizations:

Global Corrosion Monitoring Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional Market players (up to five).

Contents

1. PRODUCT OVERVIEW

1.1. Market Definition
1.2. Scope of the Market
  1.2.1. Markets Covered
  1.2.2. Years Considered for Study
1.3. Key Market Segmentations

2. RESEARCH METHODOLOGY

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Formulation of the Scope
2.4. Assumptions and Limitations
2.5. Sources of Research
  2.5.1. Secondary Research
  2.5.2. Primary Research
2.6. Approach for the Market Study
  2.6.1. The Bottom-Up Approach
  2.6.2. The Top-Down Approach
2.7. Methodology Followed for Calculation of Market Size & Market Shares
2.8. Forecasting Methodology
  2.8.1. Data Triangulation & Validation

3. EXECUTIVE SUMMARY

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, and Trends

4. VOICE OF CUSTOMER

5. GLOBAL CORROSION MONITORING MARKET OUTLOOK

5.1. Market Size & Forecast
  5.1.1. By Value
5.2. Market Share & Forecast
  5.2.1. By Type (Intrusive Techniques, Non-Intrusive Techniques)
  5.2.2. By Technique (Corrosion Coupons, Electrical resistance, Linear Polarization Resistance, Galvanic, Ultrasonic Thickness Measurement)
  5.2.3. By End-User (Oil & Gas, Chemical, Manufacturing)
  5.2.4. By Region
5.3. By Company (2024)
5.4. Market Map

6. NORTH AMERICA CORROSION MONITORING MARKET OUTLOOK

6.1. Market Size & Forecast
  6.1.1. By Value
6.2. Market Share & Forecast
  6.2.1. By Type
  6.2.2. By Technique
  6.2.3. By End-User
  6.2.4. By Country
6.3. North America: Country Analysis
  6.3.1. United States Corrosion Monitoring Market Outlook
    6.3.1.1. Market Size & Forecast
      6.3.1.1.1. By Value
    6.3.1.2. Market Share & Forecast
      6.3.1.2.1. By Type
      6.3.1.2.2. By Technique
      6.3.1.2.3. By End-User
  6.3.2. Canada Corrosion Monitoring Market Outlook
    6.3.2.1. Market Size & Forecast
      6.3.2.1.1. By Value
    6.3.2.2. Market Share & Forecast
      6.3.2.2.1. By Type
      6.3.2.2.2. By Technique
      6.3.2.2.3. By End-User
  6.3.3. Mexico Corrosion Monitoring Market Outlook
    6.3.3.1. Market Size & Forecast
      6.3.3.1.1. By Value
    6.3.3.2. Market Share & Forecast
      6.3.3.2.1. By Type
      6.3.3.2.2. By Technique
      6.3.3.2.3. By End-User

7. EUROPE CORROSION MONITORING MARKET OUTLOOK

7.1. Market Size & Forecast
  7.1.1. By Value
7.2. Market Share & Forecast
  7.2.1. By Type
  7.2.2. By Technique
  7.2.3. By End-User
  7.2.4. By Country
7.3. Europe: Country Analysis
  7.3.1. Germany Corrosion Monitoring Market Outlook
    7.3.1.1. Market Size & Forecast
      7.3.1.1.1. By Value
    7.3.1.2. Market Share & Forecast
      7.3.1.2.1. By Type
      7.3.1.2.2. By Technique
      7.3.1.2.3. By End-User
  7.3.2. United Kingdom Corrosion Monitoring Market Outlook
    7.3.2.1. Market Size & Forecast
      7.3.2.1.1. By Value
    7.3.2.2. Market Share & Forecast
      7.3.2.2.1. By Type
      7.3.2.2.2. By Technique
      7.3.2.2.3. By End-User
  7.3.3. Italy Corrosion Monitoring Market Outlook
    7.3.3.1. Market Size & Forecast
      7.3.3.1.1. By Value
    7.3.3.2. Market Share & Forecast
      7.3.3.2.1. By Type
      7.3.3.2.2. By Technique
      7.3.3.2.3. By End-User
  7.3.4. France Corrosion Monitoring Market Outlook
    7.3.4.1. Market Size & Forecast
      7.3.4.1.1. By Value
    7.3.4.2. Market Share & Forecast
      7.3.4.2.1. By Type
      7.3.4.2.2. By Technique
      7.3.4.2.3. By End-User
  7.3.5. Spain Corrosion Monitoring Market Outlook
    7.3.5.1. Market Size & Forecast
      7.3.5.1.1. By Value
    7.3.5.2. Market Share & Forecast
      7.3.5.2.1. By Type
      7.3.5.2.2. By Technique
      7.3.5.2.3. By End-User

8. ASIA-PACIFIC CORROSION MONITORING MARKET OUTLOOK

8.1. Market Size & Forecast
  8.1.1. By Value
8.2. Market Share & Forecast
  8.2.1. By Type
  8.2.2. By Technique
  8.2.3. By End-User
  8.2.4. By Country
8.3. Asia-Pacific: Country Analysis
  8.3.1. China Corrosion Monitoring Market Outlook
    8.3.1.1. Market Size & Forecast
      8.3.1.1.1. By Value
    8.3.1.2. Market Share & Forecast
      8.3.1.2.1. By Type
      8.3.1.2.2. By Technique
      8.3.1.2.3. By End-User
  8.3.2. India Corrosion Monitoring Market Outlook
    8.3.2.1. Market Size & Forecast
      8.3.2.1.1. By Value
    8.3.2.2. Market Share & Forecast
      8.3.2.2.1. By Type
      8.3.2.2.2. By Technique
      8.3.2.2.3. By End-User
  8.3.3. Japan Corrosion Monitoring Market Outlook
    8.3.3.1. Market Size & Forecast
      8.3.3.1.1. By Value
    8.3.3.2. Market Share & Forecast
      8.3.3.2.1. By Type
      8.3.3.2.2. By Technique
      8.3.3.2.3. By End-User
  8.3.4. South Korea Corrosion Monitoring Market Outlook
    8.3.4.1. Market Size & Forecast
      8.3.4.1.1. By Value
    8.3.4.2. Market Share & Forecast
      8.3.4.2.1. By Type
      8.3.4.2.2. By Technique
      8.3.4.2.3. By End-User
  8.3.5. Australia Corrosion Monitoring Market Outlook
    8.3.5.1. Market Size & Forecast
      8.3.5.1.1. By Value
    8.3.5.2. Market Share & Forecast
      8.3.5.2.1. By Type
      8.3.5.2.2. By Technique
      8.3.5.2.3. By End-User

9. SOUTH AMERICA CORROSION MONITORING MARKET OUTLOOK

9.1. Market Size & Forecast
  9.1.1. By Value
9.2. Market Share & Forecast
  9.2.1. By Type
  9.2.2. By Technique
  9.2.3. By End-User
  9.2.4. By Country
9.3. South America: Country Analysis
  9.3.1. Brazil Corrosion Monitoring Market Outlook
    9.3.1.1. Market Size & Forecast
      9.3.1.1.1. By Value
    9.3.1.2. Market Share & Forecast
      9.3.1.2.1. By Type
      9.3.1.2.2. By Technique
      9.3.1.2.3. By End-User
  9.3.2. Argentina Corrosion Monitoring Market Outlook
    9.3.2.1. Market Size & Forecast
      9.3.2.1.1. By Value
    9.3.2.2. Market Share & Forecast
      9.3.2.2.1. By Type
      9.3.2.2.2. By Technique
      9.3.2.2.3. By End-User
  9.3.3. Colombia Corrosion Monitoring Market Outlook
    9.3.3.1. Market Size & Forecast
      9.3.3.1.1. By Value
    9.3.3.2. Market Share & Forecast
      9.3.3.2.1. By Type
      9.3.3.2.2. By Technique
      9.3.3.2.3. By End-User

10. MIDDLE EAST AND AFRICA CORROSION MONITORING MARKET OUTLOOK

10.1. Market Size & Forecast
  10.1.1. By Value
10.2. Market Share & Forecast
  10.2.1. By Type
  10.2.2. By Technique
  10.2.3. By End-User
  10.2.4. By Country
10.3. Middle East and Africa: Country Analysis
  10.3.1. South Africa Corrosion Monitoring Market Outlook
    10.3.1.1. Market Size & Forecast
      10.3.1.1.1. By Value
    10.3.1.2. Market Share & Forecast
      10.3.1.2.1. By Type
      10.3.1.2.2. By Technique
      10.3.1.2.3. By End-User
  10.3.2. Saudi Arabia Corrosion Monitoring Market Outlook
    10.3.2.1. Market Size & Forecast
      10.3.2.1.1. By Value
    10.3.2.2. Market Share & Forecast
      10.3.2.2.1. By Type
      10.3.2.2.2. By Technique
      10.3.2.2.3. By End-User
  10.3.3. UAE Corrosion Monitoring Market Outlook
    10.3.3.1. Market Size & Forecast
      10.3.3.1.1. By Value
    10.3.3.2. Market Share & Forecast
      10.3.3.2.1. By Type
      10.3.3.2.2. By Technique
      10.3.3.2.3. By End-User
  10.3.4. Kuwait Corrosion Monitoring Market Outlook
    10.3.4.1. Market Size & Forecast
      10.3.4.1.1. By Value
    10.3.4.2. Market Share & Forecast
      10.3.4.2.1. By Type
      10.3.4.2.2. By Technique
      10.3.4.2.3. By End-User
  10.3.5. Turkey Corrosion Monitoring Market Outlook
    10.3.5.1. Market Size & Forecast
      10.3.5.1.1. By Value
    10.3.5.2. Market Share & Forecast
      10.3.5.2.1. By Type
      10.3.5.2.2. By Technique
      10.3.5.2.3. By End-User

11. MARKET DYNAMICS

11.1. Drivers
11.2. Challenges

12. MARKET TRENDS & DEVELOPMENTS

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. COMPANY PROFILES

13.1. Honeywell International Inc.
  13.1.1. Business Overview
  13.1.2. Key Revenue and Financials
  13.1.3. Recent Developments
  13.1.4. Key Personnel/Key Contact Person
  13.1.5. Key Product/Services Offered
13.2. Emerson Electric Co.
13.3. General Electric Company
13.4. Rohrback Cosasco Systems, Inc.
13.5. Intertek Group plc
13.6. SGS Soci?t? G?n?rale de Surveillance SA
13.7. Tinker & Rasor, Inc
13.8. Applied Corrosion Monitoring, Inc.
13.9. Buckleys (UVRAL) Limited
13.10. Icorr Technologies Limited

14. STRATEGIC RECOMMENDATIONS

15. ABOUT US & DISCLAIMER