Quick Summary:
In today's ever-changing industrial landscape, keeping abreast with the latest trends is integral for informed decision-making. Our comprehensive report on the Global Subsea Thermal Insulation Material Market provides you with an in-depth analysis on the projected growth, totaling a revised size of US$120.2 Million by 2030. It offers essential insights into key segments including Polyurethane and Polypropylene, which showcase promising growth potential over the next 8-year period.
Delineating crucial geographical markets, this report puts forward pivotal data on the US market, valued at US$23.5 Million, alongside monitoring China's significant and rapid growth. It also sheds light on other noteworthy markets including Japan, Canada, and Germany. As part of the offering, you stand to gain from our incisive coverage of 42 featured competitors, ensuring an exhaustive study of the market. In this constantly evolving market, arm yourself with vital insights that allow your business to stay ahead of the curve.
Global Subsea Thermal Insulation Material Market to Reach $120.2 Million by 2030
The global market for Subsea Thermal Insulation Material estimated at US$87 Million in the year 2022, is projected to reach a revised size of US$120.2 Million by 2030, growing at a CAGR of 4.1% over the analysis period 2022-2030. Polyurethane, one of the segments analyzed in the report, is projected to record 4.4% CAGR and reach US$41 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Polypropylene segment is readjusted to a revised 3.8% CAGR for the next 8-year period.
The U.S. Market is Estimated at $23.5 Million, While China is Forecast to Grow at 6.6% CAGR
The Subsea Thermal Insulation Material market in the U.S. is estimated at US$23.5 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$25 Million by the year 2030 trailing a CAGR of 6.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 3.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.9% CAGR.Select Competitors (Total 42 Featured) -
- Advanced Insulation Limited
- AFG Holdings, Inc.
- Airstar Aerospace
- Alcrea Solar
- Balmoral Group Holdings Limited
- Bitum Limited
- Daw SE
- Graphit Kropfmuhl GmbH
- Knauf Gips KG
- Knauf Insulation (Belgium)
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Subsea Thermal Insulation Material?
What is the growth rate of the Global Market for Subsea Thermal Insulation Material?
What is the forecasted size of the Global Market for Subsea Thermal Insulation Material?
Who are the key companies in the Global Market for Subsea Thermal Insulation Material?
| Report Attribute | Details |
|---|---|
| No. of Pages | 194 |
| Published | September 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 87 Million |
| Forecasted Market Value ( USD | $ 120.2 Million |
| Compound Annual Growth Rate | 4.1% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Advanced Insulation Limited
- AFG Holdings, Inc.
- Airstar Aerospace
- Alcrea Solar
- Balmoral Group Holdings Limited
- Bitum Limited
- Daw SE
- Graphit Kropfmuhl GmbH
- Knauf Gips KG
- Knauf Insulation (Belgium)
