The Global Corrosion Coupons Market size is projected to grow from USD 5.06 billion in 2021 to USD 7.43 billion by 2028, at a CAGR of 6.8% during the forecast period (2021-2028). Corrosion coupons are primarily used for testing the effect of corrosive environments on metal surfaces and come in various shapes such as flat, cylindrical, or disc-shaped coupons that can be made out of materials like aluminum or steel among others. The demand for corrosion coupons is expected to surge across industrial applications owing to the increasing need for quality control and efficiency improvement initiatives globally.
Corrosion coupons are samples of metal that have been cut into small coupons for the purpose of testing in corrosive environments. Corrosion coupons are used to test how different metals react and change with time when exposed to corrosive environments. The corrosion coupon is a sample or scrap from a large sheet, rod, wire, or pipe; it has predefined dimensions so as not to be affected by natural variations caused by cutting thicknesses and lengths.
On the basis of Types, the market is segmented into scale coupons, cylindrical coupons, flat coupons, rod coupons, and disc coupons.
Scale coupons are metal samples shaped like a scale that can be used to determine the weight loss of metals. Scale coupons may include aluminum, copper, tin-bronze, and silver. They have predefined dimensions so as not to be affected by natural variations caused by cutting thicknesses and lengths. This type is widely applicable in the oil & gas industry for corrosion monitoring and efficiency improvement initiatives globally.
Cylindrical coupons are thin sheets of metal that can be inserted into piping in order to assess the corrosive effects. Cylindrical coupons have a predefined thickness and length so as not to be affected by natural variations caused by cutting thicknesses and length. Cylindrical coupons are mainly used in water treatment applications.
Flat coupons are thin flat pieces of metal that can be inserted into piping, tanks, and vessels in order to assess the corrosive effects. They have a predefined thickness so as not to be affected by natural variations caused by cutting lengths and thicknesses. Flat coupons are mainly used in power generation applications where they identify leaks or corrosion issues while allowing for the operation of equipment.
Disc coupons are circular-shaped pieces of metal with a predefined thickness. They are usually used for flat and vertical surfaces in order to measure the extent of corrosion that has occurred in these areas. The coupons are usually inserted into the surface and then removed to assess corrosion rates. Disc coupons can be used with many different types of materials, such as aluminum, brass, copper, lead-based alloys, nickel-based alloys (UNS N02200), stainless steel (UNS S30400), galvanized steels (ASTM A153), and tinplate. Disc coupon use in oil & gas applications is popular due to its low cost while providing a clear visual indication of potential areas for concern.
Rod coupons are used for measuring the corrosion rates on curved surfaces, such as pipes. They can also be inserted into holes and cracks in order to measure surface areas that otherwise could not be reached with other forms of coupon testing methods. Rods come in a variety of shapes including round, square, or hexagonal depending on what is needed by the client. These coupons are made out of steel (UNS S32550) but they can also be made from aluminum alloys which provide similar corrosive properties while being less expensive than steel rods.
On the basis of Application, the market is segmented into Oil and Gas, Water Treatment, Chemical Industry, Laboratory Testing, Machinery Power Generation Paper, and Pulp.
Corrosion coupons are used as a way for oil and gas companies to test their mechanism’s corrosion resistance properties before they install them onsite within an offshore environment or at any other location where high levels of corrosivity may exist. Additionally, these coupons can be inserted into holes or cracks that cannot otherwise be reached by testing methods such as eddy current tests which provide more accurate readings than say magnetic particle inspection (MPI) tests because MPIs only detect surface areas while eddies currents work through all materials including metals and non-metals alike without having to make contact with the material.
Corrosion coupons can be used in water treatment facilities to monitor the corrosion rates of pipelines and pipes that are susceptible to high levels of corrosivity. This allows an accurate prediction for when these materials will need to be replaced before structural damage starts occurring as a result of higher than normal amounts of corrosion.
Corrosion coupons can be used in the chemical industry as a means of monitoring corrosion rates on storage tanks and pipes that are susceptible to high levels of corrosivity. This allows an accurate prediction for when these materials will need to be replaced before structural damage starts occurring as a result of higher than normal amounts of corrosion. The use of coupons also ensures that any process changes introduced by new personnel or equipment are monitored while they’re being assessed, providing early detection if anything goes wrong during their usage. The information collected from using corrosion coupon tests helps companies save time and money through cost-effective maintenance practices which prolong the life cycle lifespan for more expensive pipelines and storage tanks made out of metal or other material.
The use of corrosion coupon test in laboratory testing includes the determination of material specifications for chemical reactions, identification of hazardous substances such as hydrocarbons or nitrates from samples, and the detection of chemicals to define whether a substance is toxic.
The use of corrosion coupon test in machinery includes the determination of material specifications for equipment such as bearings and gears, to determine how well the machine is functioning. In addition, this type of testing can be used on a variety of metal grades that are not able to withstand wear without lead or other protective materials. This type of information helps in making decisions about repairs that need to happen at an early stage before any costly damages occur.
Corrosion coupons can be used in the power generation industry to detect problems as a result of corrosion. This type of testing provides vital information for engineers and other professionals who are responsible for designing, implementing, and monitoring strategies that will protect against corrosion-related failures. Corrosion coupon tests provide an important way of determining how quickly materials such as metal oxidize or rust over time with exposure to certain chemicals. One example is ensuring offsite storage facilities maintain their integrity by preventing water from entering through cracks in the walls which leads to moisture being trapped inside. In this case, moisture causes oxidation and eventually, steel will corrode into powdery dust when exposed long enough at high temperatures.
The use of corrosion coupons is also important for paper and pulp industries to ensure that the equipment used in production processes can be run safely without causing any harm. The paper and pulp industry is a vast one, with machines located all over the world. Some of these are used in the production process, such as breaking up wood chips to make cellulose fibers or pressed into sheets for printing on. Others are used to transport raw materials from suppliers to mills where they can be processed further before being transported again. It's important that the machinery involved in both processes does not corrode so quickly that it starts creating dust which could cause respiratory issues among workers nearby.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is expected to be the largest market for corrosion coupons in 2018 with a share of over 27% followed by Europe and Asia-Pacific respectively.
A few of the major factors driving the growth of the corrosion coupons market are Increasing demand for new building and construction projects in developing economies. This is expected to be a key factor that will drive revenue opportunities over the forecast period, as these economic developments lead to an increase in global consumption rates. Demand for corrosion coupon products from various industries such as oil & gas, paper, and pulp, chemical industry, etc.; and Acceleration of research activities on novel composite materials towards designing corrosion-free metals. The opportunity lies mainly with governments who can provide more funding into this sector by setting up policies aiming at promoting investments not only during peak years but also during low ones, which will guarantee a return on investment even when markets are not thriving.
Up Market Research published a new report titled “Corrosion Coupons Market research report which is segmented by Types (Scale Coupons, Cylindrical Coupons, Flat Coupons, Disc Coupons, Rod Coupons), By Applications (Oil And Gas, Water Treatment, Chemical Industry, Laboratory Testing, Machinery, Power Generation, Paper And Pulp, Others), By Players/Companies Cosasco, Emerson Process Management, Caproco, Honeywell International, Alabama Speciality Products, Metex, Brown Corrosion Services, Crystal Industrial Syndicate”.
|Report Attributes||Report Details|
|Report Title||Corrosion Coupons Market Research Report|
|By Type||Scale Coupons, Cylindrical Coupons, Flat Coupons, Disc Coupons, Rod Coupons|
|By Application||Oil And Gas, Water Treatment, Chemical Industry, Laboratory Testing, Machinery, Power Generation, Paper And Pulp, Others|
|By Companies||Cosasco, Emerson Process Management, Caproco, Honeywell International, Alabama Speciality Products, Metex, Brown Corrosion Services, Crystal Industrial Syndicate|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||210|
|Number of Tables & Figures||147|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Scale Coupons, Cylindrical Coupons, Flat Coupons, Disc Coupons, Rod Coupons and By Application Oil And Gas, Water Treatment, Chemical Industry, Laboratory Testing, Machinery, Power Generation, Paper And Pulp, Others.
Some of the companies that are profiled in this report are:
Corrosion Coupons Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Corrosion Coupons Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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