Reports and Insights freshly added a report titled “Cathodic Protection Market: Opportunity Analysis and Future Assessment 2022-2030” in its database of market research reports which offers its readers a detailed and profound analysis on the fresh growth opportunities, trends and growth drivers that are closely linked with the growth of the market. The report further provides crucial insights on the COVID-19 impacts on the Cathodic Protection market along with the compound growth rate (CAGR) of the market for a forecasted period between 2022 and 2030. The report also comprises assessment of the market by employing various analytical tools, such as Porter’s five forces analysis and PESTEL analysis. These tools also offer an in-depth analysis on the micro and macro-environmental factors that are related to the growth of the market over the projected period.
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Cathodic Protection Introduction
Cathodic protection (CP) can be defined as a method practiced to regulate and manage the oxidation of a metal surface by turning it into the cathodic side of an electrochemical cell. The easiest technique to carry out cathodic protection is by linking the metal surface to be shielded with another more simply corroded metal to play the role of anode of the electrochemical cell. Cathodic protection can, as a matter of principle, be carried out to any metallic form or structure in contact with a bulk electrolyte even though in effect its primary use is to safeguard steel structures immersed in water or buried in soil. Notably, cathodic protection systems serve its utility in protecting a comprehensive range of metallic structures in several different environments. Some of the most common applications comprise storage tanks, water and fuel pipelines, offshore oil platforms, ships and boats and oil well casings.
One of the major factors that is primarily driving the growth of the global cathodic protection market is the growing activities related to infrastructure development all across the world along with the thriving construction industry, which is expected to boost the demand of cathodic protection across the markets. Therefore, the global cathodic protection market is projected to grow significantly over the coming years.
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Cathodic Protection Market Segmentation
The global cathodic protection market is segmented on the basis of type, application, end user industries, and region.
By Type
Galvanic Anode
Mixed Metal Anodes
Nickel MMO Anodes
Zinc MMO Anodes
Titanium MMO Anodes
Aluminium MMO Anodes
Magnesium MMO Anodes
Impressed Current Anodes
By Application
Pipelines
Storage Facilities
Processing Plants
Water & Wastewater
Transportation
Building
Others
By Industry Vertical
Oil and Gas
Manufacturing
Construction
Energy & Power
Marine
Others
By Region
North America
Latin America
Europe
Asia Pacific
Middle East
Africa
Cathodic Protection Market Key Players
Some of the key participating players in global Cathodic Protection market are:
BK CORROSION, LLC
MATCOR, Inc.
Aegion Corporation
Perma-Pipe International Holdings, Inc.
Cathodic Protection Co. Ltd.
Cathodi Protection Management, Inc.
Corrosion Protection Specialist Pvt. Ltd.
Farwest Corrosion Control Company
Imensco AS
SAE International
TECNOSEAL FOUNDRY s.r.l.
Nakabohtec Corrosion
LORESCO Inc.
VASU CHEMICALS
Southern Cathodic Protection
MESA
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