Global Corrosion Under Insulation (CUI) Monitoring Equipment Market 2023 by Company, Regions, Type and Application, Forecast to 2029

Global Corrosion Under Insulation (CUI) Monitoring Equipment Market 2023 by Company, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global Corrosion Under Insulation (CUI) Monitoring Equipment market size was valued at USD 95 million in 2022 and is forecast to a readjusted size of USD 139.1 million by 2029 with a CAGR of 5.6% during review period.

In the simplest terms, Corrosion Under Insulation (CUI) is any type of corrosion that occurs due to moisture present on the external surface of insulated equipment. The damage/attack can be caused by one of multiple factors, and can occur in equipment operating at ambient, low, and heated services, depending upon conditions. Moreover, CUI can occur on thermally insulated equipment that is in service, out of service, or in cyclic service. Because these surfaces are not generally available/accessible for visual examination, the onset of corrosion cannot be easily identified, and in extreme cases, severe corrosion with consequential loss of system integrity can occur.

CUI is a prevalent industry problem affecting thermally insulated equipment in the onshore and offshore oil and gas industries, as well as the petrochemical, specialty chemical, fertilizer, and related industries. It is one of the most well-researched and understood damage mechanisms in the refining and chemical process industries, and yet it still represents an inordinately large percentage of global plant maintenance expenditures. For this reason, exercising good engineering practices during the design phase and throughout the entire lifecycle of equipment requiring thermal insulation is crucial. The design engineer concerned about CUI should specify a quality immersion grade metal coating, a durable water repellent thermal insulation installed with a complete well-sealed weather barrier/jacketing system with drainage features.

The Global Info Research report includes an overview of the development of the Corrosion Under Insulation (CUI) Monitoring Equipment industry chain, the market status of Oil & Gas (Ultrasonics, Pulsed Eddy Current), Marine (Ultrasonics, Pulsed Eddy Current), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Corrosion Under Insulation (CUI) Monitoring Equipment.

Regionally, the report analyzes the Corrosion Under Insulation (CUI) Monitoring Equipment markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Corrosion Under Insulation (CUI) Monitoring Equipment market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Corrosion Under Insulation (CUI) Monitoring Equipment market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Corrosion Under Insulation (CUI) Monitoring Equipment industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Ultrasonics, Pulsed Eddy Current).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Corrosion Under Insulation (CUI) Monitoring Equipment market.

Regional Analysis: The report involves examining the Corrosion Under Insulation (CUI) Monitoring Equipment market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Corrosion Under Insulation (CUI) Monitoring Equipment market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Corrosion Under Insulation (CUI) Monitoring Equipment:

Company Analysis: Report covers individual Corrosion Under Insulation (CUI) Monitoring Equipment players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Corrosion Under Insulation (CUI) Monitoring Equipment This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Oil & Gas, Marine).

Technology Analysis: Report covers specific technologies relevant to Corrosion Under Insulation (CUI) Monitoring Equipment. It assesses the current state, advancements, and potential future developments in Corrosion Under Insulation (CUI) Monitoring Equipment areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Corrosion Under Insulation (CUI) Monitoring Equipment market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Corrosion Under Insulation (CUI) Monitoring Equipment market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Market segment by Type
Ultrasonics
Pulsed Eddy Current
X-rays or Radiography
Others

Market segment by Application
Oil & Gas
Marine
Chemical & Petrochemical
Energy & Power
Food Processing Industries
Others

Market segment by players, this report covers
Mistras
QSA Global, Inc.
Previan (Eddyfi)
Alabama Specialty Products (Metal Samples)
Testex Inc
Rohrback Cosasco Systems (RCS)
3-Sci Limited
CorrosionRADAR
iSensPro
Maxwell NDT

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Corrosion Under Insulation (CUI) Monitoring Equipment product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Corrosion Under Insulation (CUI) Monitoring Equipment, with revenue, gross margin and global market share of Corrosion Under Insulation (CUI) Monitoring Equipment from 2018 to 2023.

Chapter 3, the Corrosion Under Insulation (CUI) Monitoring Equipment competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Corrosion Under Insulation (CUI) Monitoring Equipment market forecast, by regions, type and application, with consumption value, from 2024 to 2029.

Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Corrosion Under Insulation (CUI) Monitoring Equipment.

Chapter 13, to describe Corrosion Under Insulation (CUI) Monitoring Equipment research findings and conclusion.