Asia-Pacific Corrosion Monitoring Market by Companies, Growth, Competitors Analysis, New Technology and Forecast to 2028

The persuasive Asia-Pacific Corrosion Monitoring market research report is a proven and consistent source of information which gives telescopic view of the existing market trends, emerging products, situations and opportunities that drives business towards the success. This industry report also provides company profiles and contact information of the key market players in the key manufacturer’s section. The industry analysis report serves the clients to tackle every strategic aspect including product development, product specification, exploring niche growth opportunities, application modelling, and new geographical markets. The top notch Asia-Pacific Corrosion Monitoring market report is organized by collecting market research data from different corners of the sphere with an experienced team of language resources.

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Corrosion monitoring market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 10.2% in the forecast period of 2019 to 2027 and is expected to reach USD 123.66 million by 2027. Increasing awareness among the end-use sector such as chemicals/petrochemical plants, oil & gas, pulp & paper, water/ wastewater & LNG and others is driving the market.

This Corrosion Monitoring Market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.

Asia-Pacific Corrosion Monitoring Market Scope and Market Size

Asia-Pacific corrosion monitoring market is segmented on the basis of technique type, type, method type and end-user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

On the basis of technique type, the market is segmented into intrusive techniques and non- intrusive techniques. Intrusive techniques segment is dominating in the region due to their accuracy with a smaller number as compared to non-intrusive techniques.
 On the basis of type, the market is segmented into uniform and localized. Uniform segment is dominating in the region due to uniform type of corrosion monitoring which allows the technician to easily measure and predict corrosion rate timely which resulted in saving the corrosion cost for the company.
On the basis of method type, the market is segmented into direct methods and indirect methods. Direct methods segment is dominating in the region since the methods of testing are much easier to carry out and easier to interpret the result.
On the basis of end-user, the market is segmented into oil & gas, chemicals, petrochemical plants, pulp & paper, water/wastewater & LNG and others. Oil and gas segment is dominating in the region because of increased expansion of oil and gas pipeline. For oil and gas industry, safety is the major concern. Hence, management of corrosion is important for these industries as it help them to save the cost.

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The countries covered in corrosion monitoring market report are Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines and rest of Asia-Pacific in the Asia-Pacific region.

China is dominating in the Asia-Pacific region due to the presence of large number of aging infrastructure in old industries which is expanding the demand in the country.

Leading Key Players Operating in the Asia-Pacific Corrosion Monitoring Market Includes:

The major players covered in the report are Pepperl+Fuchs, ACM Instruments, Midroc Europe, ClampON AS, Applus+, Aegion Corporation, SGS SA, Cosasco, Luna, Emerson Electric Co., Yokogawa Electric Corporation, Honeywell, Intertek Group plc, STORK, Baker Hughes Company and among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Many product developments are also initiated by the companies worldwide which are also accelerating the growth of corrosion monitoring market.

For instance,

In September 2018, Emerson Electric Co. announced the launch of their pipeline integrity management system Roxar FSM Log 48 Area Corrosion Monitor. This is specially designed so that it can help the operators to track the corrosion and provide cost effective pipeline even in challenging environment. This new system will provide accurate corrosion detection and has the ability to track large area of pipeline.
In October 2016, Emerson Electric Co. announced that they have acquired Permasense. The main aim of the acquisition is to expand them in the markets and strengthen their position in the market. With the help of the Permasense new technologies, they will be able to provide corrosion monitoring solution to their customers. The Permasense product range will be part of the company’s Rosemount portfolio of measurement and analytical technologies.

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Aims of the Asia-Pacific Corrosion Monitoring study:

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