Thermal insulation is used in subsea pipelines to help the flow which maintains the flow rates that helps in lowering the processing costs and optimizes productivity. The pipelines at subsea levels are exposed to high pressure and temperature, and there is a high need for insulating materials to be coated over them that can withstand such conditions. Advanced insulation materials are being developed for subsea that can withstand the ultra-deep environment. There has been a rising demand in the subsea thermal insulation materials market due to the increasing projects of the oil and gas industries that will favor this market globally.
MARKET DYNAMICS
The subsea thermal insulation material market, is assumed to grow in the forecast owing to the steady recovery of the oil & gas industry coupled with the increasing adoption for the extraction of offshore oil and gas. The cost optimization involved in the offshore oil and gas projects is likely to boost the subsea thermal insulation material market. However, the fluctuating prices of crude oil might restrict the growth of the subsea thermal insulation material market. On the other hand, the rising oil and gas projects are likely to showcase growth opportunities for the subsea thermal insulation material market during the forecast period.
MARKET SCOPE
The "Global Subsea Thermal Insulation Material Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of subsea thermal insulation material market with detailed market segmentation by type, applications, and geography. The global subsea thermal insulation material market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading subsea thermal insulation material market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global subsea thermal insulation material market is segmented on the basis of type, and applications. Based on type, the market is segmented as polyurethane, polypropylene, silicone rubber, epoxy, aerogel, and others. On the basis of application, the market is segmented as pipe-in-pipe, pipe cover, equipment, field joints, and others.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global subsea thermal insulation material market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The subsea thermal insulation material market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting subsea thermal insulation material market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the subsea thermal insulation material market in these regions.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global subsea thermal insulation material market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The subsea thermal insulation material market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting subsea thermal insulation material market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the subsea thermal insulation material market in these regions.
MARKET PLAYERS
The reports cover key developments in the subsea thermal insulation material market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from subsea thermal insulation material market are anticipated to lucrative growth opportunities in the future with the rising demand for subsea thermal insulation material in the global market. Below mentioned is the list of few companies engaged in the subsea thermal insulation material market.
The report also includes the profiles of key subsea thermal insulation material companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- Advanced Insulation Ltd.
- AF Global Corporation
- Aspen Aerogels, Inc
- BASF SE
- Cabot Corporation
- Dow Chemical Company
- Shawcor Ltd
- Technipfmc
- Tenaris
- Trelleborg Offshore & Construction
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Subsea Thermal Insulation Material - By Type
1.3.2 Subsea Thermal Insulation Material - By Applications
1.3.3 Subsea Thermal Insulation Material - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. SUBSEA THERMAL INSULATION MATERIAL LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. SUBSEA THERMAL INSULATION MATERIAL - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. SUBSEA THERMAL INSULATION MATERIAL - GLOBAL MARKET ANALYSIS
6.1. SUBSEA THERMAL INSULATION MATERIAL - GLOBAL MARKET OVERVIEW
6.2. SUBSEA THERMAL INSULATION MATERIAL - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. SUBSEA THERMAL INSULATION MATERIAL - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. POLYURETHANE
7.3.1. Overview
7.3.2. Polyurethane Market Forecast and Analysis
7.4. POLYPROPYLENE
7.4.1. Overview
7.4.2. Polypropylene Market Forecast and Analysis
7.5. SILICONE RUBBER
7.5.1. Overview
7.5.2. Silicone Rubber Market Forecast and Analysis
7.6. EPOXY
7.6.1. Overview
7.6.2. Epoxy Market Forecast and Analysis
7.7. AEROGEL
7.7.1. Overview
7.7.2. Aerogel Market Forecast and Analysis
7.8. OTHERS
7.8.1. Overview
7.8.2. Others Market Forecast and Analysis
8. SUBSEA THERMAL INSULATION MATERIAL - REVENUE AND FORECASTS TO 2028 - APPLICATIONS
8.1. OVERVIEW
8.2. APPLICATIONS MARKET FORECASTS AND ANALYSIS
8.3. PIPE-IN-PIPE
8.3.1. Overview
8.3.2. Pipe-in-Pipe Market Forecast and Analysis
8.4. PIPE COVER
8.4.1. Overview
8.4.2. Pipe Cover Market Forecast and Analysis
8.5. EQUIPMENT
8.5.1. Overview
8.5.2. Equipment Market Forecast and Analysis
8.6. FIELD JOINTS
8.6.1. Overview
8.6.2. Field Joints Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. SUBSEA THERMAL INSULATION MATERIAL REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Subsea Thermal Insulation Material Overview
9.1.2 North America Subsea Thermal Insulation Material Forecasts and Analysis
9.1.3 North America Subsea Thermal Insulation Material Forecasts and Analysis - By Type
9.1.4 North America Subsea Thermal Insulation Material Forecasts and Analysis - By Applications
9.1.5 North America Subsea Thermal Insulation Material Forecasts and Analysis - By Countries
9.1.5.1 Canada Subsea Thermal Insulation Material
9.1.5.1.1 Canada Subsea Thermal Insulation Material by Type
9.1.5.1.2 Canada Subsea Thermal Insulation Material by Applications
9.1.5.2 Mexico Subsea Thermal Insulation Material
9.1.5.2.1 Mexico Subsea Thermal Insulation Material by Type
9.1.5.2.2 Mexico Subsea Thermal Insulation Material by Applications
9.1.5.3 US Subsea Thermal Insulation Material
9.1.5.3.1 US Subsea Thermal Insulation Material by Type
9.1.5.3.2 US Subsea Thermal Insulation Material by Applications
9.2. EUROPE
9.2.1 Europe Subsea Thermal Insulation Material Overview
9.2.2 Europe Subsea Thermal Insulation Material Forecasts and Analysis
9.2.3 Europe Subsea Thermal Insulation Material Forecasts and Analysis - By Type
9.2.4 Europe Subsea Thermal Insulation Material Forecasts and Analysis - By Applications
9.2.5 Europe Subsea Thermal Insulation Material Forecasts and Analysis - By Countries
9.2.5.1 Germany Subsea Thermal Insulation Material
9.2.5.1.1 Germany Subsea Thermal Insulation Material by Type
9.2.5.1.2 Germany Subsea Thermal Insulation Material by Applications
9.2.5.2 France Subsea Thermal Insulation Material
9.2.5.2.1 France Subsea Thermal Insulation Material by Type
9.2.5.2.2 France Subsea Thermal Insulation Material by Applications
9.2.5.3 Italy Subsea Thermal Insulation Material
9.2.5.3.1 Italy Subsea Thermal Insulation Material by Type
9.2.5.3.2 Italy Subsea Thermal Insulation Material by Applications
9.2.5.4 United Kingdom Subsea Thermal Insulation Material
9.2.5.4.1 United Kingdom Subsea Thermal Insulation Material by Type
9.2.5.4.2 United Kingdom Subsea Thermal Insulation Material by Applications
9.2.5.5 Russia Subsea Thermal Insulation Material
9.2.5.5.1 Russia Subsea Thermal Insulation Material by Type
9.2.5.5.2 Russia Subsea Thermal Insulation Material by Applications
9.2.5.6 Rest of Europe Subsea Thermal Insulation Material
9.2.5.6.1 Rest of Europe Subsea Thermal Insulation Material by Type
9.2.5.6.2 Rest of Europe Subsea Thermal Insulation Material by Applications
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Subsea Thermal Insulation Material Overview
9.3.2 Asia-Pacific Subsea Thermal Insulation Material Forecasts and Analysis
9.3.3 Asia-Pacific Subsea Thermal Insulation Material Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Subsea Thermal Insulation Material Forecasts and Analysis - By Applications
9.3.5 Asia-Pacific Subsea Thermal Insulation Material Forecasts and Analysis - By Countries
9.3.5.1 Australia Subsea Thermal Insulation Material
9.3.5.1.1 Australia Subsea Thermal Insulation Material by Type
9.3.5.1.2 Australia Subsea Thermal Insulation Material by Applications
9.3.5.2 China Subsea Thermal Insulation Material
9.3.5.2.1 China Subsea Thermal Insulation Material by Type
9.3.5.2.2 China Subsea Thermal Insulation Material by Applications
9.3.5.3 India Subsea Thermal Insulation Material
9.3.5.3.1 India Subsea Thermal Insulation Material by Type
9.3.5.3.2 India Subsea Thermal Insulation Material by Applications
9.3.5.4 Japan Subsea Thermal Insulation Material
9.3.5.4.1 Japan Subsea Thermal Insulation Material by Type
9.3.5.4.2 Japan Subsea Thermal Insulation Material by Applications
9.3.5.5 South Korea Subsea Thermal Insulation Material
9.3.5.5.1 South Korea Subsea Thermal Insulation Material by Type
9.3.5.5.2 South Korea Subsea Thermal Insulation Material by Applications
9.3.5.6 Rest of Asia-Pacific Subsea Thermal Insulation Material
9.3.5.6.1 Rest of Asia-Pacific Subsea Thermal Insulation Material by Type
9.3.5.6.2 Rest of Asia-Pacific Subsea Thermal Insulation Material by Applications
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Subsea Thermal Insulation Material Overview
9.4.2 Middle East and Africa Subsea Thermal Insulation Material Forecasts and Analysis
9.4.3 Middle East and Africa Subsea Thermal Insulation Material Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Subsea Thermal Insulation Material Forecasts and Analysis - By Applications
9.4.5 Middle East and Africa Subsea Thermal Insulation Material Forecasts and Analysis - By Countries
9.4.5.1 South Africa Subsea Thermal Insulation Material
9.4.5.1.1 South Africa Subsea Thermal Insulation Material by Type
9.4.5.1.2 South Africa Subsea Thermal Insulation Material by Applications
9.4.5.2 Saudi Arabia Subsea Thermal Insulation Material
9.4.5.2.1 Saudi Arabia Subsea Thermal Insulation Material by Type
9.4.5.2.2 Saudi Arabia Subsea Thermal Insulation Material by Applications
9.4.5.3 U.A.E Subsea Thermal Insulation Material
9.4.5.3.1 U.A.E Subsea Thermal Insulation Material by Type
9.4.5.3.2 U.A.E Subsea Thermal Insulation Material by Applications
9.4.5.4 Rest of Middle East and Africa Subsea Thermal Insulation Material
9.4.5.4.1 Rest of Middle East and Africa Subsea Thermal Insulation Material by Type
9.4.5.4.2 Rest of Middle East and Africa Subsea Thermal Insulation Material by Applications
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Subsea Thermal Insulation Material Overview
9.5.2 South and Central America Subsea Thermal Insulation Material Forecasts and Analysis
9.5.3 South and Central America Subsea Thermal Insulation Material Forecasts and Analysis - By Type
9.5.4 South and Central America Subsea Thermal Insulation Material Forecasts and Analysis - By Applications
9.5.5 South and Central America Subsea Thermal Insulation Material Forecasts and Analysis - By Countries
9.5.5.1 Brazil Subsea Thermal Insulation Material
9.5.5.1.1 Brazil Subsea Thermal Insulation Material by Type
9.5.5.1.2 Brazil Subsea Thermal Insulation Material by Applications
9.5.5.2 Argentina Subsea Thermal Insulation Material
9.5.5.2.1 Argentina Subsea Thermal Insulation Material by Type
9.5.5.2.2 Argentina Subsea Thermal Insulation Material by Applications
9.5.5.3 Rest of South and Central America Subsea Thermal Insulation Material
9.5.5.3.1 Rest of South and Central America Subsea Thermal Insulation Material by Type
9.5.5.3.2 Rest of South and Central America Subsea Thermal Insulation Material by Applications
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. SUBSEA THERMAL INSULATION MATERIAL, KEY COMPANY PROFILES
11.1. ADVANCED INSULATION LTD.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. AF GLOBAL CORPORATION
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. ASPEN AEROGELS, INC
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. BASF SE
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. CABOT CORPORATION
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. DOW CHEMICAL COMPANY
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. SHAWCOR LTD
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. TECHNIPFMC
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. TENARIS
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. TRELLEBORG OFFSHORE AND CONSTRUCTION
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.Advanced Insulation Ltd.2.AF Global Corporation3.Aspen Aerogels, Inc4.BASF SE5.Cabot Corporation6.Dow Chemical Company7.Shawcor Ltd8.Technipfmc9.Tenaris10.Trelleborg Offshore and Construction
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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