The global cathodic protection market is poised for an extraordinary surge, with a projected Compound Annual Growth Rate (CAGR) of 5.2% between 2023 and 2033. By 2033, this dynamic market segment is anticipated to hold an impressive market share of USD 7.64 billion, compared to the expected value of USD 4.60 billion in 2023. Driving Factors Accelerating …
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Cathodic Protection Market will Witness a Robust Expansion at Nearly 6% CAGR through 2028
According to a recent study of Future Market Insights (FMI), the cathodic protection market will witness a robust expansion at nearly 6% CAGR through 2028. According to the National Association of Corrosion Engineers’ (NACE) ‘International Measures of Prevention, Application and Economics of Corrosion Technology (IMPACT)’ study, the global cost of corrosion was over US$ 2,500 Bn in …