Level ground: Steady demand for infrastructure maintenance has kept performance strong

The Corrosion Protection Engineering Services industry is busy managing the corrosion of aging US infrastructure and protecting new projects from its harmful effects. Over the five years to 2018, the industry has expanded as a wide range of downstream utilities, construction and transportation industries have increased investment in infrastructure, necessitating corrosion management services. The growth of key construction, transportation and utilities markets underscored the industry's recovery. With the value of utilities construction and the value of private nonresidential construction each projected to increase over the five years to 2018, industry revenue has grown...purchase to read more.

Industry Statistics & Market Size
Revenue
$9bn
Annual Growth 13-18
6.8%
Forecast Growth 18-23
Profit
Employment
30,218
Businesses
1,989
Market Share of Companies

Industry Threats & Opportunities

  • A renewed focus on upgrading the aging US infrastructure will support demand
  • The decline in defense funding has hampered government spending on industry services
  • Aging US infrastructure will provide a steady source of demand for industry services
  • Industry Report - Industry Products Chapter

    Corrosion protection engineering service operators offer a wide variety of evaluations and solutions to ensure protection of infrastructure, including pipelines, bridges, buildings and marine structures. These services range from analysis of the environment surrounding the infrastructure, material selection to minimize corrosion, coating services and cathodic protection solutions.Cathodic protectionThe majority of revenue for companies in this industry is derived from cathodic protection solutions, which is the technique of reinforcing metal surfaces to prevent corrosion by making it the cathode of an electrochemical cell. A simple cathodic protection technique is connecting a protective, more easily corroded piece of metal to the surface. Ano...purchase to read more.

    Additional Insights for the Corrosion Protection Engineering Services Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Corrosion Protection Engineering Services Industry are

  • Having contacts within key markets
  • Ability to compete on tender
  • Access to highly skilled workforce
  • IBISWorld analysts also discuss how external factors such as Value of utilities construction and Industrial production index in the Corrosion Protection Engineering Services industry impact industry performance..

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    What's in this report

    What is the Corrosion Protection Engineering Services Industry?

    This industry includes companies that are engaged in applying scientific knowledge, natural laws and physical resources 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 protection
  • Coating services
  • Material selection services
  • Environmental analysis
  • Industry Activities
  • Corrosion prevention services
  • Corrosion inspection services
  • Corrosion maintenance and repair services
  • Environmental analysis and project planning
  • Construction and production materials selection
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Value of utilities construction
  • Industrial production index
  • World price of crude oil
  • Value of private nonresidential construction
  • Federal funding for defense
  • Federal funding for transportation

  • Current Performance
  • Growth accelerates during recovery
  • Downturn in defense funding
  • Industry landscape
  • Chart: Revenue Growth

  • Industry Outlook
  • Aging infrastructure in need of a fix
  • Profitability entices new market entrants
  • Table: Corrosion Protection Engineering Services Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Corrosion Protection Engineering Services Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Mining
  • Utilities
  • Construction
  • Rail Transportation
  • Public Administration

  • Key Selling Industries
  • Accounting Services
  • Finance and Insurance
  • Law Firms
  • Tax Preparation Services

  • Products & Services
  • Cathodic protection
  • Coating services
  • Material selection services
  • Environmental analysis
  • Chart: Corrosion Protection Engineering Services Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Government
  • Utilities companies
  • Construction companies
  • Production and manufacturing companies
  • Chart: Major Market Segmentation for the Corrosion Protection Engineering Services Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitWagesPurchasesOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Corrosion Protection Engineering Services

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Corrosion Protection Engineering Services Industry

  • Industry Globalization
    Aegion Corporation,
  • Table: Aegion Corporation - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Corrosion Protection Engineering Services Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Corrosion Protection Engineering Services Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Value of utilities construction (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Cathodic Protection
  • The technique of reinforcing metal surfaces to prevent corrosion by making it the cathode of an electrochemical cell.
  • Chemical Inhibitors
  • Substances added to the liquid or gas that causes corrosion to reduce its strength
  • Corrosion
  • The gradual destruction of materials from a chemical reaction within its environment.
  • What Our Customers Say

    Why buy this report?

    The Corrosion Protection Engineering Services industry market report contains data and analysis of the most influential current and future trends shaping the industry. IBISWorld’s in-depth industry market research is presented in a logical, user-friendly format, and provides growth and profit forecasts for a five-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Corrosion Protection Engineering Services:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Corrosion Protection Engineering Services market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Corrosion Protection Engineering Services, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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