There is a lot of talk about the financing needs for defence at the moment (2025), with huge amounts being mentioned, ranging from 2-5% of the respective gross domestic product. But did you know that this amount is roughly equivalent to the annual damage caused by corrosion?
Corrosion affects not only infrastructure, but also machinery, vehicles and numerous other areas, causing damage of a similar magnitude.
The annual damage caused by corrosion worldwide is estimated at about US$2,5 to US$3 trillion, which corresponds to about 3 to 4% of global gross domestic product (GDP).
At GWP, we have been investigating all kinds of corrosion damage for years. It is worth knowing the causes and taking measures to reduce the extent.