Materials & Chemicals Market Research News

Research focused on the subsea thermal insulation materials market to grow at a CAGR of 4.63% during the period 2017-2021

Materials & Chemicals Research

Subsea thermal insulation materials are used to resist heat transfer. The global insulation market was valued at $673.6 billion in 2016. Insulation materials are used in various applications such as construction, industrial, and oil and gas. Subsea thermal insulation is a protective coating applied to components subjected to cold deep-water immersion. When the subsea temperature of pipelines or equipment or joints drop below the hydrate appearance temperature (HAT) and wax appearance temperature (WAT), it clogs the pipeline.

Covered in this report 
The report covers the present scenario and the growth prospects of the global subsea thermal insulation materials market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography: 
Full Report:…-2017-2021-market

Technavio's report, Global Subsea Thermal Insulation Materials Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.

The report also includes a discussion of the key vendors operating in this market. 

Key vendors 
Dow Corning
The Dow Chemical

Other prominent vendors 
Advanced Insulation
Aspen Aerogels
Balmoral Group
Engineered Syntactic Systems

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Market driver 
Growing offshore exploration and production activities
For a full, detailed list, view our report 

Market challenge 
Volatility in crude oil prices
For a full, detailed list, view our report 

Market trend 
Increasing demand for mobile production unit (MPU)
For a full, detailed list, view our report 

Key questions answered in this report 
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

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