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ARTICLE · 12 FEBRUARY 2025

What Business Sectors Use International Arbitration And Why?

Hughes Hubbard & Reed LLP
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International arbitration is used across a broad range of industries, but statistics from the International Centre for Settlement of Investment Disputes (ICSID) and the International Chamber of Commerce (ICC)...

United StatesLitigation, Mediation & Arbitration
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John Townsend
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James H. Boykin
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Gaela Gehring Flores
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Remy Gerbay
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What industries use international arbitration most frequently?

International arbitration is used across a broad range of industries, but statistics from the International Centre for Settlement of Investment Disputes (ICSID) and the International Chamber of Commerce (ICC) — two prominent arbitration institutions — show that certain industries tend to utilize international arbitration more than others.

According to ICSID's 2024 caseload statistics, the oil, gas and mining industries made up 28% of cases registered in 2024, closely followed by electric power and other energy sectors at 17%. Construction cases made up another 14% of cases, with those three sectors representing a combined 59% of cases registered in 2024. Notably, in 2024, transportation matters made up 19% of cases, which is a significant increase when compared with ICSID's overall case statistics, as seen in the table below.

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