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 Analysis Chapter
The Corrosion Protection Engineering industry is a specialist subset of Engineering Services (IBISWorld report 54133) that economically and safely manages the effects of corrosion of materials used in structures and equipment used by a wide range of downstream utilities, construction and transportation industries. Although corrosion engineers do not work on projects that generate revenue for clients, industry services add significant value to downstream industries by assisting them in reducing costs and extending the lifespan of physical assets. Industry performance generally follows investment trends in these markets but is also more stable due to the ongoing need for corrosion protection services and maintenance work on existing structures and equipment... purchase to read more