PUBLISHER: QYResearch | PRODUCT CODE: 1859923
PUBLISHER: QYResearch | PRODUCT CODE: 1859923
The global market for Corrosion Under Insulation (CUI) Monitoring was estimated to be worth US$ 384 million in 2024 and is forecast to a readjusted size of US$ 570 million by 2031 with a CAGR of 6.0% during the forecast period 2025-2031.
Corrosion Under Insulation (CUI) Monitoring is the systematic process of inspecting, testing, and assessing insulated pipes and equipment to detect and quantify corrosion that is occurring hidden beneath the insulation cladding. Corrosion under insulation (CUI) poses a significant operational loss, safety hazard and economic cost. Corrosion under insulation (CUI) is invisible to the surface of the insulation. Because of this, it is very difficult for conventional techniques to detect and monitor corrosion under insulation. The presence of moisture in and under insulation is the root cause of corrosion under insulation (CUI). Corrosion under insulation is a severe form of localized external corrosion that occurs in carbon and low alloy steel equipment that has been insulated. This form of corrosion occurs when water is absorbed by or collected in the insulation. As a result he equipment begins to corrode as it is exposed to water and oxygen. Depending on the structure and the location of the insulation, CUI can attack the jacketing, insulation hardware or underlying piping equipment. Additionally, when insulation becomes wet or absorbs moisture, its thermal insulating properties are drastically reduced. Because water conducts heat more efficiently than air, an aggressive corrosion cell is created where the trapped heat accelerates the rate of corrosion.
The Corrosion Under Insulation (CUI) Monitoring Market is witnessing robust growth, primarily driven by the increasing emphasis on asset integrity and safety in industries. The hardware segment, particularly sensors and probes, leads the market due to their critical role in real-time monitoring and early detection of corrosion. Software solutions for data analysis and predictive maintenance are the second-highest performing sub-segment, reflecting the growing need for advanced analytics in operational efficiency. Regionally, North America dominates the market, attributed to its advanced industrial infrastructure and stringent safety regulations. Europe follows closely, driven by the increasing adoption of digital monitoring solutions and the presence of key market players. The Asia-Pacific region is emerging as a lucrative market, fueled by rapid industrialization and the rising demand for energy infrastructure development. This region's growth is further supported by government initiatives promoting industrial safety and technological advancements in monitoring solutions.
This report aims to provide a comprehensive presentation of the global market for Corrosion Under Insulation (CUI) Monitoring, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Corrosion Under Insulation (CUI) Monitoring by region & country, by Type, and by Application.
The Corrosion Under Insulation (CUI) Monitoring market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Corrosion Under Insulation (CUI) Monitoring.
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Corrosion Under Insulation (CUI) Monitoring company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Corrosion Under Insulation (CUI) Monitoring in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Corrosion Under Insulation (CUI) Monitoring in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.