Cost of Corrosion
Corrosion, rust, oxidation, rot….it affects us all, whether it is on our vehicles, boats, fences or homes, it’s unavoidable. According to a 2016 report from the National Association of Corrosion Engineers (NACE) the global cost of corrosion exceeds a staggering $2.7T USD! These direct and indirect costs go far beyond the personal items listed above affecting almost every industry.
With such shocking numbers one wonders, what can be done to slow the corrosion process? The best way to mitigate and slow rust and corrosion is by creating and implementing a strong corrosion mitigation program.
The program should include corrosion mitigating concepts such as design of items to limit the number of areas where water can pool and dissimilar metals can touch, correct choice and application of coating systems and ongoing preventive maintenance. The US Automotive Industry put this concept to the test and was able to lower their corrosion costs by over 50% over a 25 year period!
Companies like MILSPRAY Military Technologies in Lakewood NJ, offer corrosion preventive services globally to military, commercial and consumer equipment and vehicles, utilizing military grade coatings and compounds. They have proven time and again that an ounce of prevention is worth a pound of cure. It’s almost never too late to start the process.
Neil Young once said “Rust Never Sleeps,” however, perhaps we can work to give it a little PTO time.
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