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Corrosion Protection Engineering Services in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Corrosion Protection Engineering Services Market Research Report | Specialist Engineering, Infrastructure & Contractors | Specialist Contractors | Nov 2014

Firm hold: Steady demand for infrastructure maintenance has kept performance strong

IBISWorld’s Corrosion Protection Engineering Services market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Aegion Aegion market share
Industry Statistics & Market Size
Revenue
$6bn
Annual Growth 09-14
3.5%
Annual Growth 14-19
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Profit
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Employment
25,175
Businesses
651
Industry Analysis & Industry Trends

The Corrosion Protection Engineering industry is busy managing the corrosion of the aging US infrastructure and protecting new projects from its harmful effects. Although the recession caused demand from key construction, energy and transportation markets to slow as they reduced investments and scaled back production, a renewed public federal government focus on upgrading America's aging infrastructure and recovering public and private levels of investment into downstream energy, construction and transportation industries will underpin growth. Industry firms will benefit from increasing demand by downstream industries to implement new materials and develop plans to economically reduce corrosion expenses and extend the life of costly new structures and equipment.... purchase to read more

Industry Report - Industry Investment Chapter

The Corrosion Protecting Engineering Services has a low level of capital intensity. IBISWorld estimates that in 2014, for every $1.00 spent on labor, industry operators will invest an estimated $0.03 on capital equipment. Industry services are largely labor-intensive and dependent on highly trained and educated personnel. Corrosion engineers undergo high levels of training and education and typically receive high salaries; the average industry wage is estimated to be $104,409 in 2014. As such, firms' capital expenditures are heavily outweighed by their labor costs, which comprise an estimated 42.8% of industry revenue in 2014... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Corrosion Protection Engineering Services Industry?

This industry includes companies that are engaged in applying scientific knowledge, natural laws and physical resources in order to design and implement materials, structures, devices, systems and procedures to manage corrosion. These services may involve the provision of advice, preparation of feasibility studies, preparation of plans and designs, provision of technical services during the construction or installation phase, inspection and evaluation of projects and related services.

Industry Products
Cathodic protectionCoating servicesMaterial selection servicesEnvironmental analysis
 
Industry Activities
Corrosion prevention servicesCorrosion inspection servicesCorrosion maintenance and repair servicesEnvironmental analysis and project planningConstruction and production materials selection


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