There is an opportunity for active Iranian contractors in the field of protecting oil and gas pipes from corrosion to acquire a market with $4.2 billion annual turnover by developing their activities in domestic and neighboring markets.
According to the website of National American Corrosion Engineers International Society (NACE), corrosion is a result of chemical reaction between a material and its environment; corrosion may not be completely protected but will be controlled by employing modern sciences.
Corrosion is a destructive phenomenon that may cause unforeseen costs for various industries. Statistics of direct and indirect damages of corrosion have revealed the significance of investigating resulted costs.
According to Shana, NACE estimations about corrosion damages revealed that they include about 2-4 percent of Gross Domestic Product (GDP) of developed industrial countries; but this value for countries like Iran, that are not employing corrosion protection methods, is about 5% of GDP.
Source: IRNA- Date: (6 July 2015)