DUBLIN--(BUSINESS WIRE)--The "Global Subsea Thermal Insulation Materials Market 2017-2021" report has been added to Research and Markets' offering.
The global subsea thermal insulation materials market is forecast to grow at a CAGR of 4.63% during the period 2017-2021.
The 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.
One trend in the market is the increasing demand for mobile production unit (MPU). The development and implementation of innovative portable mobile production unit are expected to drive the demand for subsea thermal insulation materials. MPU is a mobile coating facility that provides services such as thermal insulation, corrosion protection coating, and passive fire protection.
One driver in the market is the growing offshore exploration and production activities. In 2016, the global offshore oil production was at the highest level since 2010. It accounted for more than 29% of the global oil production. An increase in offshore activities is mainly driven by the decrease in onshore oil reserves and increase in the consumption of fuel. Thermal insulation materials for pipes are mainly used in offshore oil and gas production as it requires protection from high temperature, corrosion, and other adverse conditions.
Market Trends:
- Increasing demand for mobile production unit (MPU)
- New discoveries of potential reserves
- Bio-refineries: The future of petroleum
Key vendors
- BASF
- Dow Corning
- SHAWCOR
- The Dow Chemical
- Trelleborg
Other prominent vendors
- Advanced Insulation
- Aegion
- AFGlobal
- Aspen Aerogels
- Balmoral Group
-
Others
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By Type
Part 07: Market Segmentation By Application
Part 08: Geographical Segmentation
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Key Vendor Analysis
Part 14: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/twss5q/global_subsea
