Market Overview:

The Cathodic Protection Market size is estimated to reach $8.8 billion by 2031, growing at a CAGR of 5.4% during the forecast period 2025-2031, according to a recent report published by IndustryARC, titled, “Cathodic Protection - By Type (Sacrificial Anode (Galvanic Anode), Impressed Current (ICCP), and Hybrid), By Material (Sacrificial Anode Cathode Protection and  Impressed Current Cathode Protection), By Shape (Arched, Ball, Cylindrical, D-Shaped, Rod, Droplet, Flat, Round, Stick, and Others), By Mechanism (Active Metal Corrosion, and DC Rectifier), By Component(Anodes, Control Systems, Power Supply, Monitoring Equipment, and Others), By Application (Ships, Offshore Floaters, Waste-water treatment, Tanks, Harbours, Bridges, Pipelines, Submarines, Factories, and Others), By Geography Analysis - Global Opportunity Analysis & Industry Forecast, 2025-2031. 

The increasing awareness of the financial burden of corrosion, rising investments in naval and marine-based projects, and growing infrastructure development are fueling the growth of the Cathodic Protection industry during the forecast period 2025 – 2031.

APAC Dominated the Market in 2025

APAC holds the majority market share of 35% in 2024. APAC's rapid infrastructure development, particularly in pipelines, especially the naval defense and shipbuilding, with strong initiatives from the Indian government, is driving the region's growth, positioning it as a dominant player globally. For instance, in February 2025, Finance Minister Nirmala Sitharaman stated that India will set up $2.9 billion maritime development fund for the long-term financing of the country's shipbuilding and repair industry.  With large-scale solar projects and investments, Impressed Current Cathodic Protection (ICCP) and Sacrificial Anode systems are increasing to extend the lifespan of critical infrastructures with good government funding. 

Cathodic Protection Market: Key Takeaways

Rising Awareness of Corrosion Costs

Increasing awareness to reduce high costs to mitigate corrosion is fueling the Cathodic Protection Market. For instance, according to the International Zinc Association, corrosion costs the global economy $2.2 trillion annually, accounting for over 3% of the world’s GDP. Also, this figure covers only the direct expenses of materials, equipment, and services for repair, maintenance, and replacement. It excludes environmental damage, resource waste, lost production, and personal injuries caused by corrosion. However, with effective corrosion protection strategies, a significant portion of these losses can be prevented. To reduce such risks and costs, governments and companies are adopting Cathodic Protection systems, including Sacrificial Anode and Impressed Current with smart data logging and GPS tracking for real-time monitoring.

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Rising Naval and Marine based projects 

Rising corrosion issues in harsh marine environments are leading to an increasing number of naval and marine-based projects fueling the growth of the Cathodic Protection Market. For instance, in January 2025, Indian Union Minister Sarbananda Sonowal announced significant projects that are aimed at enhancing the capacity of KANDLA Port and building a new facility for constructing Very Large Crude Carriers. The total investment is $6.6 billion. Key projects include a shipbuilding facility for 320,000 DWT Very Large Crude Carriers and a new terminal at KANDLA Port, adding 135 million tons per annum with a 6 km waterfront near Tuna. With growing naval and marine expansions and offshore energy projects, the Cathodic Protection market in the marine sector is ensuring long-term infrastructure durability.

Scope of the Report: 

Report Metric

Details

Base Year Considered

2024

Forecast Period

2025–2031

CAGR

5.4%

Market Size in 2031

$8.8 billion

Segments Covered

By Type, By Material, By Shape, By Mechanism, By Component, By Application, By Geography

 

 

Geographies Covered

North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Belgium, Netherlands and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa).

 

 

 

 

Key Market Players

1. MATCOR, Inc.

2. BAC Corrosion Control Ltd

3. Farwest Corrosion Control Company

4. Corrosion Service Company Limited

5. De Nora

6. Anotec Industries Ltd

7. Cescor Srl

8. Deepwater Corrosion Services Inc

9. SAE Inc.

10. Allied Corrosion

Recent Developments:

•    In March 2025, Bestream Offshore, a OEG Energy Group company, secured a contract by TenneT for the retrofit installation of a corrosion protection system for the SylWin alpha offshore converter station for the offshore grid connection SylWin1 in Germany. The contract is for the subsea installation of an Impressed Current Cathodic Protection (ICCP) system to replace the existing faulty ICCP system.
•    In November 2024, Stuart Steel Protection (SSP) signed an agreement to acquire the assets of Colorado-based energy manufacturing supplier Northwestern Cathodic (NWCAT) to double the company's workforce and geographic scope. NWCAT specializes in providing cathodic protection materials and services for utilities, propane, onshore oilfield production equipment, vessels and tanks.

Cathodic Protection Market: Competitive Landscape

Key companies profiled in the Cathodic Protection Market are MATCOR, Inc., BAC Corrosion Control Ltd, Farwest Corrosion Control Company, Corrosion Service Company Limited, De Nora, Anotec Industries Ltd, Cescor Srl, Deepwater Corrosion Services Inc, SAE Inc., and Allied Corrosion.

 Relevant Reports:

Corrosion Monitoring Market - Corrosion Monitoring Market Size is forecast to reach $ 4,296.2 Million by 2030, at a CAGR of 8.5% during forecast period 2024-2030. The growth of Corrosion Monitoring Market is majorly attributed to increasing investments in inspection and continuous monitoring techniques for gaining real-time insights about the operational conditions of high-value assets including equipment component, process units, structures and facilities to mitigate accidental risks in harsh operating environment.

Corrosion Inhibitors Market - Corrosion Inhibitors market size is forecast to reach US$ 9.2 billion by 2027, after growing at a CAGR of 3.7% during 2022-2027. A corrosion inhibitor is a chemical solvent that is applied in a given environment to reduce the rate of corrosion of the metal which is subjected to that specific environment, such as air or water. Corrosion inhibitors can be classified into four general types based on the method in which they work on the metal to prevent corrosion.

Organic Corrosion Inhibitors Market - Organic Corrosion Inhibitors Market Size is forecast to reach $ 5194.4 Million by 2030, at a CAGR of 4.90% during forecast period 2024-2030. owing to the wide application of organic corrosion inhibitors in various end-use industries such as building & construction, oil & gas, power generation, and more.

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