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 and 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 Locations Chapter
The industry's geographic spread generally corresponds with the distribution of economic activity and population. There is a disproportionately high representation of corrosion protection consulting activity in major metropolitan areas, transport hubs and areas with a high concentration of heavy industry (e.g. steel, petrochemicals) and natural resources (e.g. mining, energy production).
The Southeast accounts for the largest share of industry activity, with about 25.0% of industry establishments. This proportion broadly equates with the Southeast's share of the US population of 25.4%; however, the Southeast generates a relatively smaller share of revenue than other regions... purchase to read more