(MENAFNEditorial) PUNE, India, September 2, 2016 /PRNewswire/ --
The report "Corrosion Monitoring Market by Type Technique (Corrosion Coupons, Electrical resistance, Linear Polarization Resistance, Galvanic, & Ultrasonic Thickness Measurement), End-Use Industry (Oil & Gas, Chemical, Manufacturing) - Global Forecast to 2021", published by MarketsandMarkets, The market is expected to reach USD 297.8 Million by 2021, at a CAGR of 9.1% between 2016 and 2021. (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )
Browse 93 market data Tables and 50 Figures spread through 156 Pages and in-depth TOC on "Corrosion Monitoring Market" http://www.marketsandmarkets.com/Market-Reports/corrosion-monitoring-market-109037056.html Early buyers will receive 10% customization on this report. Increasing demand in end-use industries due to rising awareness on corrosion monitoring, advancement in technology for corrosion monitoring, and advantages of process integration are some of the factors driving the demand for corrosion monitoring during the forecast period. "Oil & Gas - Biggest end-use industry for corrosion monitoring" The oil & gas industry accounted for the maximum share of the market, in terms of value, in 2015. The oil & gas industry comprises upstream, midstream, and downstream industries. All of them are always under strict scrutiny by environment watchdogs and regulators. Sufficient monitoring and protection of assets along with durability is achieved by best practices in corrosion monitoring systems. Increasing exploration and production along with increasing demand from downstream industries are projected to increase the demand for corrosion monitoring during the forecast period. The oil & gas industry accounts for almost four-fifths of the corrosion monitoring market and trend is projected to remain more or less constant during the forecast period. "Ultrasonic Thickness Measurement - Future of Corrosion Monitoring" Ultrasonic thickness measurement technique is the fastest-growing corrosion monitoring technique globally. It is projected to register a double digit CAGR during the forecast period. This technique is fast replacing older techniques such as corrosion coupons and electrical resistance. Ease of operations, quick and fast monitoring of process and accuracy of data are the major factors for its increasing demand. When integrated with the process system of equipment, the observations can be linked and better results for corrosion monitoring can be obtained. These factors are making this technique popular among end-user. Make an Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=109037056 "North America and Asia-Pacific accounted for approximately 60% share of the global corrosion monitoring market in 2015" Asia-Pacific is the largest market for Corrosion Monitoring Market in the world in 2015. The Asia-Pacific market is also projected to register the highest CAGR between 2016 and 2021, backed by the increasing demand from fast emerging economies of the region. North America is expected to maintain its position during the forecast period. Increasing shale gas exploration activities and stabilizing chemical manufacturing market will drive the market till 2021. High investments from manufacturers for new product development and expansion in new markets will be the growth strategies for market dominance. The major players covered in the report are Intertek (U.K.), SGS SA (Switzerland), Cosasco (U.S.), Korosi Specindo (Indonesia), Rysco Corrosion Services (Canada), BAC Corrosion Control (U.K.) Applied Corrosion Monitoring (U.S.), Permasense (U.K.), ICORR Technologies (U.S.), and Pyramid Technical Services (India). Browse Related Reports: Anti-Corrosion Coating Market by Type (Epoxy, Polyurethanes, Acrylic, Alkyd), Technology (Solvent, Water, Powder) and End-use Industry (Marine, Oil & Gas, Industrial, Infrastructure, and Power Generation) - Global Trends & Forecasts to 2021
http://www.marketsandmarkets.com/Market-Reports/anti-corrosion-coating-market-155215822.html Abrasion Resistant Coatings Market by Type (Ceramic Based and Polymer Based), Application (Oil & Gas, Industrial, Marine, Power Generation, Infrastructure, Transport, and Others) & by Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America) - Global Trends & Forecasts to 2021
http://www.marketsandmarkets.com/Market-Reports/abrasion-resistant-coating-market-122764842.html Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp About MarketsandMarkets MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M & M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. M & M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Tel: +1-888-600-6441
Email:
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
SOURCE MarketsandMarkets
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.