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 2020, under the leadership of President & CEO Dudley M. Boden, MAC made a significant entry into the welded tube market with the launch of the Echomac® PA TW System. This advanced phased array ultrasonic inspection system is designed to minimize operator adjustments, enhance test head coverage of weld zones, and provide real-time monitoring in the hot zone. By promptly identifying and addressing welding errors, the system helps reduce scrap production. Its versatility also makes it applicable to other sectors, including bar, composites, and rail wheels. This innovation positions MAC as a leader in improving precision and efficiency in tube manufacturing processes.
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In 2021, Olympus launched its D.C. series transducers, providing a comprehensive corrosion monitoring solution for tank and pipeline integrity across energy, oil and gas, and mining sectors. These transducers complement ultrasonic inspection procedures and various NDT instruments, enhancing corrosion detection and maintenance efficiency
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 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 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 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.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Corrosion Monitoring Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers
- Increasing infrastructure development projects
- Rising oil and gas industry
- Advancements in sensor technology
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Growing focus on asset protection: The Global Corrosion Monitoring Market is witnessing significant growth, driven by an increasing focus on asset protection. Industries such as oil and gas, petrochemicals, and power generation are particularly vulnerable to corrosion, which can lead to costly repairs, operational downtime, and even catastrophic failures. As a result, companies are investing heavily in advanced corrosion monitoring technologies to ensure the integrity and longevity of their infrastructure. These technologies, including ultrasonic testing, radiographic testing, and electrochemical methods, provide real-time data on the corrosion status of assets, allowing for timely maintenance and repairs.
Asset protection has become a critical priority for industries aiming to maximize their operational efficiency and reduce financial losses. The adoption of corrosion monitoring systems is further propelled by stringent regulatory standards that mandate regular inspections and maintenance of industrial equipment. By implementing these systems, companies can not only comply with regulations but also extend the life of their assets, enhance safety, and optimize performance. The data collected from corrosion monitoring systems can be analyzed to predict future corrosion trends, enabling proactive maintenance strategies and minimizing unexpected failures.
Technological advancements in IoT and AI are revolutionizing the corrosion monitoring market. IoT-enabled sensors can continuously monitor the condition of assets and transmit data to centralized systems for real-time analysis. AI algorithms can then process this data to identify patterns and predict potential corrosion issues before they become critical. This integration of IoT and AI not only improves the accuracy and reliability of corrosion monitoring but also reduces the need for manual inspections, leading to cost savings and increased operational efficiency. As industries continue to prioritize asset protection, the demand for advanced corrosion monitoring solutions is expected to rise, driving the growth of the market in the coming years.
Restraints
- High initial implementation costs
- Lack of skilled professionals
- Technical complexities in monitoring
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Limited awareness among end-users: The Global Corrosion Monitoring Market faces significant challenges due to limited awareness among end-users. Many industries, especially those not heavily regulated or lacking stringent safety protocols, often overlook the importance of corrosion monitoring. This lack of awareness can lead to inadequate maintenance practices, resulting in severe infrastructure damage, unexpected downtimes, and increased operational costs. Additionally, industries such as oil and gas, water treatment, and chemical processing, where corrosion can cause catastrophic failures, still experience gaps in knowledge about advanced corrosion monitoring techniques and technologies.
One of the primary reasons for this limited awareness is the misconception that corrosion monitoring is either too complex or too costly to implement. Small to medium-sized enterprises, in particular, may feel that they do not have the necessary resources or expertise to integrate comprehensive monitoring systems into their operations. This perception persists despite the availability of cost-effective solutions and advancements in monitoring technologies that have made these systems more accessible and user-friendly. Moreover, the lack of educational initiatives and industry-specific training programs further exacerbates this issue, leaving many end-users unaware of the potential long-term benefits and cost savings associated with proactive corrosion management.
Efforts to bridge this awareness gap are crucial for the growth of the corrosion monitoring market. Increased collaboration between monitoring technology providers, industry associations, and regulatory bodies can play a pivotal role in enhancing knowledge dissemination. Conducting workshops, seminars, and training sessions aimed at educating end-users about the importance of corrosion monitoring and the latest technological advancements can drive adoption rates. Additionally, case studies and real-world success stories showcasing the tangible benefits of effective corrosion monitoring can serve as powerful tools to convince skeptical stakeholders. By fostering a better understanding and appreciation of corrosion monitoring's value, the industry can move towards more sustainable and efficient maintenance practices, ultimately leading to safer and more reliable infrastructure across various sectors.
Opportunities
- Expansion in emerging markets
- Integration with IoT solutions
- Development of portable devices
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Government regulations on safety: The Global Corrosion Monitoring Market is witnessing significant growth, driven by the increasing awareness about the detrimental effects of corrosion on infrastructure and industrial equipment. Corrosion monitoring systems are essential for predicting and preventing corrosion-related failures, which can lead to catastrophic consequences and substantial financial losses. The market encompasses a variety of technologies, including electrochemical methods, ultrasonic testing, and radiographic techniques, each providing critical data to maintain the integrity of assets in industries such as oil and gas, power generation, and chemical processing. As industries continue to expand and aging infrastructure demands more attention, the need for effective corrosion monitoring solutions is expected to rise.
Government regulations on safety play a pivotal role in shaping the corrosion monitoring market. Regulatory bodies across the globe mandate stringent safety standards to prevent accidents and ensure the longevity of critical infrastructure. For instance, the U.S. Environmental Protection Agency (EPA) and the Occupational Safety and Health Administration (OSHA) have established guidelines requiring regular inspection and maintenance of equipment susceptible to corrosion. Similarly, international standards such as the ISO 9223, which outlines the classification of corrosivity of atmospheres, and the NACE standards, which provide guidelines for corrosion control, emphasize the importance of corrosion monitoring. Compliance with these regulations not only helps in safeguarding human lives and the environment but also ensures operational efficiency and cost savings for industries.
The implementation of government regulations fosters innovation and technological advancements in the corrosion monitoring market. Companies are investing in research and development to create more sophisticated and accurate monitoring tools that meet regulatory requirements. Advanced technologies, such as real-time monitoring systems and predictive analytics, are becoming increasingly prevalent, enabling proactive maintenance and early detection of potential issues. These innovations help industries to not only comply with safety regulations but also to optimize their maintenance strategies, reducing downtime and extending the lifespan of their assets. As regulatory frameworks continue to evolve, the corrosion monitoring market is likely to see sustained growth, driven by the dual imperatives of safety and efficiency.
Competitive Landscape Analysis
Key players in Global 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
- 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