AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Corrosion Monitoring market - Global outlook to 2024".
Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Corrosion Monitoring market to grow at a CAGR of 9.16%.

The End users, such as Oil & Gas, is boosting the Corrosion Monitoring market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Technique, such as Corrosion Coupons, is boosting the Corrosion Monitoring market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

According to AMA research team, the Global Corrosion Monitoring market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are “Increasing Awareness Related to Corrosion Failures, Growing Pipeline Industries and Refineries and Rapid Developing Countries and Urbanization”.
 

Corrosion is referred to as an electrochemical process that transforms metals and alloys into oxides, hydroxides, and aqueous salts. Two types of reactions that take place first are the anodic reaction, in which reaction metal atoms are ionized and pass into solutions, leaving their electrons in the original metal. The second process includes the cathodic reaction, reduction takes place and metals are degraded by chemical reactions with O2 and H2O. Additionally, Corrosion monitoring is the process of controlling and preventing corrosion. Further, Increasing exploration & production of crude oil and rising demand from the downstream market is driving the corrosion monitoring market.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Corrosion Monitoring market by Type (Intrusive and Non-Intrusive), by Application (Oil & Gas, Chemical, Manufacturing, Power Generation, Pulp & Paper and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key trends (current and future) of the market

Have a look at complete Table of Content: https://www.advancemarketanalytics.com/reports/69232-global-corrosion-monitoring-market-1