Corrosion monitoring market expected to reach USD 916.02 million by 2032, driven by industry demand

From GlobeNewswire: 2025-04-18 10:00:00

The corrosion monitoring market is on the rise, with a projected value of USD 916.02 million by 2032, growing at a CAGR of 11.24%. Industries like oil & gas, chemical, and power generation are driving this growth by adopting advanced solutions to prevent equipment failures and ensure safety.

In the United States, the corrosion monitoring market is expected to grow from USD 101.42 million in 2023 to USD 255.43 million by 2032, fueled by investments in infrastructure, demand for asset protection, and advancements in monitoring technologies.

North America leads the corrosion monitoring market, with over 38% market share in 2023. The region’s emphasis on safety and compliance, along with innovative technologies, contributes to its dominance. Asia-Pacific is the fastest-growing region due to rapid industrialization and investments in energy and infrastructure projects.

Non-intrusive monitoring dominates the market with over 64% market share in 2023, offering real-time corrosion information without disrupting operations. Corrosion coupons hold a market share of over 38% due to their cost-effectiveness and reliability for long-term assessment. The oil & gas sector leads in end-user adoption, focusing on asset integrity and safety compliance.



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