Global Corrosion Monitoring Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Type;
Intrusive Techniques and Non-Intrusive TechniquesBy Technique;
Corrosion Coupons, Electrical Resistance, Linear Polarization Resistance, Galvanic Technique, Ultrasonic Thickness Measurement, and OthersBy Sensor Type;
Electrical Resistance Sensors, Electrochemical Sensors, Acoustic Emission Sensors, Ultrasonic Sensors, and Radio Frequency Identification (RFID) SensorsBy End Use Industry;
Oil & Gas, Chemicals, Manufacturing, Power Generation, Pulp & Paper, and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Corrosion Monitoring Market Overview
Corrosion Monitoring Market (USD Million)
Corrosion Monitoring Market was valued at USD 345.02 million in the year 2024. The size of this market is expected to increase to USD 622.65 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.8%.
Global Corrosion Monitoring Market Growth, Share, Size, Trends and Forecast
*Market size in USD million
CAGR 8.8 %
Study Period | 2025 - 2031 |
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Base Year | 2024 |
CAGR (%) | 8.8 % |
Market Size (2024) | USD 345.02 Million |
Market Size (2031) | USD 622.65 Million |
Market Concentration | Medium |
Report Pages | 315 |
Major Players
- Honeywell International Inc
- Emerson Electric Co
- Endress+Hauser Group
- GE Inspection Technologies
- Intertek Group plc
- Baker Hughes Company
- Ametek Inc
- Siemens AG
- Schneider Electric
- Omega Engineering Inc
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Global Corrosion Monitoring Market
Fragmented - Highly competitive market without dominant players
Heightened Focus on Protecting Industrial Assets
The corrosion monitoring market is expanding rapidly, driven by the growing need to safeguard industrial assets and maintain seamless operations. As infrastructure continues to age and faces exposure to aggressive environments, the demand for robust corrosion solutions is increasing. Notably, over 50% of industrial maintenance budgets are allocated to corrosion-related concerns, underscoring the importance of continuous monitoring technologies.
Process-Intensive Sectors Boosting Adoption
Corrosion monitoring is becoming a core element in sectors such as oil & gas, chemicals, and energy, where uninterrupted equipment performance is crucial. Studies indicate that around 65% of major equipment failures in these industries are attributed to corrosion. In response, organizations are increasingly embracing real-time monitoring systems to facilitate predictive maintenance and avoid unplanned outages.
Smart Technologies Powering Market Innovation
The integration of advanced sensors and data-driven platforms is revolutionizing corrosion monitoring capabilities. Smart sensors now represent close to 40% of active systems, delivering precise, continuous insights that enable faster and more informed decisions. These technological upgrades are playing a vital role in enhancing safety, reducing operational costs, and minimizing asset downtime.
Stricter Regulations Encouraging Monitoring Solutions
Regulatory frameworks are tightening across industrial domains, compelling businesses to adopt effective corrosion control methods. Presently, over 55% of regulated entities utilize corrosion monitoring systems to align with safety and environmental standards. These solutions are critical for ensuring regulatory compliance while supporting risk mitigation strategies.
Corrosion Monitoring Market Recent Developments
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In June 2024, Emerson Electric Co. unveiled an enhanced Plantweb Corrosion Monitoring System, integrating IoT sensors with cloud‑based analytics to deliver real‑time corrosion data across oil, gas, and chemical operations.
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In 2024, the specialist subsea corrosion services provider Acteon Group underwent a strategic ownership transfer to investors Buckthorne and One Equity Partners, elevating its global presence in corrosion monitoring.
Corrosion Monitoring Market Segment Analysis
In this report, the Corrosion Monitoring Market has been segmented by Type, Technique, Sensor Type, End-Use Industry and Geography.
Corrosion Monitoring Market, Segmentation by Type
The Corrosion Monitoring Market has been segmented by Type into Intrusive Techniques and Non-Intrusive Techniques.
Intrusive Techniques
Intrusive techniques account for approximately 62% of the corrosion monitoring market due to their high accuracy and direct measurement capabilities. Common methods include electrical resistance probes, linear polarization, and weight loss coupons, particularly in oil & gas pipelines and chemical processing facilities.
Non-Intrusive Techniques
Non-intrusive techniques hold nearly 38% of the market and are preferred for real-time monitoring without disrupting operations. These methods, such as ultrasonic sensors, radiographic inspection, and acoustic emission, are widely used in refineries, power plants, and structural health monitoring.
Corrosion Monitoring Market, Segmentation by Technique
The Corrosion Monitoring Market has been segmented by Technique into Corrosion Coupons, Electrical Resistance, Linear Polarization Resistance, Galvanic Technique, Ultrasonic Thickness Measurement, and Others.
Corrosion Coupons
Corrosion coupons represent around 29% of the market and are among the most widely adopted techniques due to their simplicity, cost-effectiveness, and long-term monitoring capability. They are primarily used in oil & gas, petrochemical, and water treatment plants.
Electrical Resistance
Electrical resistance (ER) techniques hold approximately 22% of the market. They offer continuous monitoring of metal loss and are particularly effective in environments where fluid conductivity varies. ER probes are frequently used in chemical processing and pipeline systems.
Linear Polarization Resistance
This method accounts for about 17% of the corrosion monitoring market. Known for its ability to deliver real-time corrosion rate data, it is especially effective in aqueous environments such as cooling towers and boiler systems.
Galvanic Technique
Galvanic techniques represent nearly 11% of the market, leveraging electrochemical potential differences to assess corrosion. These are typically employed in marine environments and buried pipeline systems due to their passive monitoring advantages.
Ultrasonic Thickness Measurement
Ultrasonic thickness measurement holds around 15% of the market. It enables non-intrusive corrosion assessment and is commonly used for inspecting structural steel, storage tanks, and pressure vessels in industries requiring minimal downtime.
Others
The remaining 6% includes emerging and hybrid techniques such as acoustic emission and radiographic monitoring, which are increasingly adopted in advanced asset integrity programs and critical infrastructure systems.
Corrosion Monitoring Market, Segmentation by Sensor Type
The Corrosion Monitoring Market has been segmented by Sensor Type into Electrical Resistance Sensors, Electrochemical Sensors, Acoustic Emission Sensors, Ultrasonic Sensors, and Radio Frequency Identification (RFID) Sensors.
Electrical Resistance Sensors
Electrical resistance sensors hold approximately 33% of the corrosion monitoring market. These sensors offer accurate metal loss measurement and are widely adopted in oil & gas, chemical processing, and marine applications for continuous monitoring.
Electrochemical Sensors
Electrochemical sensors account for about 26% of the market. They enable real-time detection of corrosion rate and chemical interactions in aqueous environments, making them highly suitable for cooling systems and industrial water circuits.
Acoustic Emission Sensors
Acoustic emission sensors comprise nearly 14% of the market. These sensors detect stress wave activity associated with corrosion-related cracking, widely used in critical infrastructure, bridges, and storage tanks where non-intrusive monitoring is needed.
Ultrasonic Sensors
Ultrasonic sensors represent roughly 18% of the market. Known for their non-invasive nature, these sensors measure wall thickness in pipes, pressure vessels, and industrial equipment, offering quick and reliable diagnostics.
Radio Frequency Identification (RFID) Sensors
RFID sensors make up about 9% of the market and are gaining traction for their ability to wirelessly track corrosion status across hard-to-reach locations. These are emerging as smart solutions for remote and automated inspection systems.
Corrosion Monitoring Market, Segmentation by End-Use Industry
The Corrosion Monitoring Market has been segmented by End-Use Industry into Oil & Gas, Chemicals, Manufacturing, Power Generation, Pulp & Paper, and Others.
Oil & Gas
The oil & gas industry dominates the corrosion monitoring market with a share of nearly 39%, driven by the need to protect pipeline infrastructure, refineries, and offshore platforms. Corrosion monitoring ensures safety and regulatory compliance in harsh operational environments.
Chemicals
This segment accounts for about 21% of the market, as chemical plants rely on corrosion monitoring to safeguard reactors, storage tanks, and distribution systems. The use of aggressive substances elevates the need for continuous monitoring solutions.
Manufacturing
Manufacturing holds approximately 14% of the market. Industries such as automotive, pharmaceuticals, and electronics utilize corrosion monitoring to extend equipment life and ensure product quality during processing and storage.
Power Generation
Power generation contributes around 13% to the market, particularly in thermal plants and nuclear facilities. Corrosion monitoring is critical to maintaining boiler systems, turbines, and cooling infrastructure under high pressure and temperature conditions.
Pulp & Paper
This segment holds close to 8% of the market, where corrosion monitoring helps protect digesters, bleaching systems, and pulping machinery. The use of chemically aggressive processes in paper manufacturing creates high corrosion risk.
Others
The remaining 5% includes sectors like marine, infrastructure, and water treatment, where corrosion monitoring supports asset longevity and minimizes maintenance costs in moisture-prone and corrosive conditions.
Corrosion Monitoring Market, Segmentation by Geography
In this report, the Corrosion Monitoring Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
Corrosion Monitoring Market Share (%), by Geographical Region
North America
North America dominates the corrosion monitoring market with a share of around 34%, driven by extensive investments in oil & gas infrastructure, chemical processing, and power generation. The U.S. leads the region with strong regulatory compliance and advanced monitoring technologies.
Europe
Europe accounts for approximately 26% of the global market, propelled by the demand in manufacturing, power plants, and industrial assets. Countries like Germany, the UK, and France are investing in corrosion prevention to enhance operational safety and environmental sustainability.
Asia Pacific
Asia Pacific holds the largest growth potential, currently comprising about 28% of the market. Rapid industrialization in China and India, coupled with large-scale infrastructure development and refinery expansion, is fueling demand for corrosion monitoring solutions.
Middle East and Africa
This region contributes nearly 7% of the market, largely supported by oil-rich countries in the Gulf Cooperation Council (GCC). Pipeline corrosion monitoring and offshore asset protection are critical applications in this region's petroleum-driven economy.
Latin America
Latin America represents around 5% of the market, led by countries such as Brazil and Mexico. Growth is being driven by increasing investment in petrochemicals, power infrastructure, and water treatment facilities, where corrosion control is essential.
Corrosion Monitoring Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Corrosion Monitoring Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
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Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers
- Increasing infrastructure development projects
- Rising oil and gas industry
- Advancements in sensor technology
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Growing focus on asset protection - A key driver for industries prioritizing long-term performance and safety. Businesses across sectors like oil & gas, manufacturing, infrastructure, and transportation are investing in solutions that extend the life of valuable assets. Preventing corrosion, wear, and surface degradation is critical to reducing downtime and avoiding costly replacements.
Companies are turning to protective coatings, fireproofing materials, and maintenance technologies to safeguard both structural integrity and operational efficiency. These practices are especially relevant in environments exposed to chemical spills, extreme temperatures, and mechanical stress. Asset protection not only preserves infrastructure but also supports safety and compliance goals.
Technological advancements are enabling smarter asset management through real-time monitoring, predictive maintenance tools, and data-driven inspections. As risk management becomes central to business strategy, asset protection is evolving from a cost center to a value-adding practice. ROI on preservation solutions has become easier to demonstrate through reduced repair costs and increased operational uptime.
Organizations that prioritize life-cycle asset performance are better positioned to enhance productivity, reduce liabilities, and achieve regulatory approval. The rising awareness of protecting both tangible and intangible investments is expected to fuel sustained growth across industries.
Restraints
- High initial implementation costs
- Lack of skilled professionals
- Technical complexities in monitoring
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Limited awareness among end-users - To restrain the adoption of advanced asset protection solutions. In many small-to-medium enterprises (SMEs), decision-makers remain unfamiliar with the long-term benefits and cost-efficiency of proactive maintenance strategies. This knowledge gap leads to underinvestment in preventive technologies and a preference for reactive repairs.
In less industrialized regions, access to information and training is often lacking, which inhibits the uptake of protective coatings, insulation systems, and anti-corrosion treatments. End-users may not fully understand how such investments can prevent early asset failure or comply with industrial safety regulations. Education on the total cost of ownership is needed to change perceptions.
Another challenge is the complexity of choosing the right protective solutions for specific assets. Without proper guidance, businesses may either over-engineer or under-specify their protection measures, leading to suboptimal results. This lack of clarity creates hesitance to adopt new technologies, even when they offer measurable performance gains.
Bridging the awareness gap will require targeted marketing, end-user education, and collaboration with industry associations. Stakeholders must focus on demonstrating value through real-world case studies and simplifying product selection with application-specific solutions. Building trust and understanding is critical to unlocking widespread market adoption.
Opportunities
- Expansion in emerging markets
- Integration with IoT solutions
- Development of portable devices
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Government regulations on safety - Creating strong incentives for industries to invest in protective and preventive measures. Regulatory agencies across the globe are implementing stricter requirements related to workplace safety, environmental compliance, and equipment integrity. These mandates often require the application of certified protection systems to minimize risks.
Standards from bodies such as OSHA, EPA, and ISO are being updated to reflect the latest safety expectations in areas like fire protection, corrosion control, and chemical resistance. Compliance is not only a legal obligation but also a competitive advantage, as businesses that meet or exceed safety benchmarks are viewed more favorably by investors, insurers, and partners.
These regulations are especially relevant in sectors such as oil & gas, mining, transportation, and construction, where asset failure can result in catastrophic loss or environmental damage. To stay ahead of compliance curves, companies are turning to certified suppliers offering code-compliant materials and third-party testing.
There is a growing opportunity for manufacturers to develop compliance-ready solutions, offer training services, and engage in regulatory consultation. Leveraging safety regulations not only drives product innovation but also positions firms as leaders in risk mitigation and regulatory readiness.
Corrosion Monitoring Market Competitive Landscape Analysis
Key players in Corrosion Monitoring Market include:
- Honeywell International Inc
- Emerson Electric Co
- Endress+Hauser Group
- GE Inspection Technologies
- Intertek Group plc
- Baker Hughes Company
- Ametek Inc
- Siemens AG
- Schneider Electric
- Omega Engineering Inc
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Market Share Analysis
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Technique
- Market Snapshot, By Sensor Type
- Market Snapshot, By End Use Industry
- Market Snapshot, By Region
- Corrosion Monitoring Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Increasing infrastructure development projects
- Rising oil and gas industry
- Advancements in sensor technology
- Growing focus on asset protection
- Restraints
- High initial implementation costs
- Lack of skilled professionals
- Technical complexities in monitoring
- Limited awareness among end-users
- Opportunities
- Expansion in emerging markets
- Integration with IoT solutions
- Development of portable devices
- Government regulations on safety
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Corrosion Monitoring Market, By Type, 2021 - 2031 (USD Million)
- Intrusive Techniques
- Non-Intrusive Techniques
- Corrosion Monitoring Market, By Technique, 2021 - 2031 (USD Million)
- Corrosion Coupons
- Electrical Resistance
- Linear Polarization Resistance
- Galvanic Technique
- Ultrasonic Thickness Measurement
- Others
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Corrosion Monitoring Market, By Sensor Type, 2021 - 2031 (USD Million)
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Electrical Resistance Sensors
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Electrochemical Sensors
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Acoustic Emission Sensors
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Ultrasonic Sensors
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Radio Frequency Identification (RFID) Sensors
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- Corrosion Monitoring Market, By End Use Industry, 2021 - 2031 (USD Million)
- Oil & Gas
- Chemicals
- Manufacturing
- Power Generation
- Pulp & Paper
- Others
- Corrosion Monitoring Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Corrosion Monitoring Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Honeywell International Inc
- Emerson Electric Co
- Endress+Hauser Group
- GE Inspection Technologies
- Intertek Group plc
- Baker Hughes Company
- Ametek Inc
- Siemens AG
- Schneider Electric
- Omega Engineering Inc
- Company Profiles
- Analyst Views
- Future Outlook of the Market