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

Over the five years to 2016, the Corrosion Protection Engineering Services industry returned to a robust pace of expansion following a contraction during the recession. Revenue declined through 2013 as stimulus funding faded, but remained resilient overall due to the industry's long term contracts, diversified customer base and stable ongoing demand for corrosion inspection and maintenance services on existing structures and equipment. Over the five years to 2016, IBISWorld expects industry revenue to grow. Over the five years to 2021, IBISWorld forecasts industry revenue will continue to grow. A...purchase to read more.

Industry Statistics & Market Size
Revenue
$7bn
Annual Growth 11-16
2.4%
Forecast Growth 16-21
Profit
Employment
27,286
Businesses
1,763
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 - Starting a New Business Chapter

    Barriers to entry in the Corrosion Protection Engineering Services industry are moderate. The technical complexity of most projects undertaken by this industry effectively restricts the entry of new competitors to those with demonstrated capacities across a range of complex projects. A Bachelor of Engineering or Associate Diploma of Engineering is generally regarded as a minimum qualification.Qualifications, sophisticated technical skills and expertise are prerequisites for entry to the industry. Many projects require a variety of tasks, including project feasibility; productions line design and implementation; and design and management of construction. Sca...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..

    shopping_cartPURCHASE OPTIONS

    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
  • Federal funding for defense
  • Federal funding for transportation
  • Value of private nonresidential construction

  • Current Performance
  • Postrecessionary 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 Corp.,
  • Table: Aegion Corp. - 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 (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Value of utilities construction (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Cathodic Protection
  • The technique of reinforcing metal surfaces in order 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?

    IBISWorld’s industry research report on Corrosion Protection Engineering Services provides up-to-date sales and market data, allowing you to identify the product and customer segments driving revenue growth. The report identifies the leading companies in the industry, and offers strategic analysis of the key factors influencing the market. Our data forecasts are accompanied by full analysis to illustrate how the market is responding to dominant and emerging trends.

    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.

    Contact Us

    Want to speak to a representative? Call us.

    clear