Subsea Thermal Insulation Materials Market Forecast Analysis
Matt Easterlin15 Feb, 2023Business
The subsea thermal insulation materials market was estimated at USD 256.98 million in 2021 and is likely to grow at a CAGR of 4% during 2022-2028 to reach USD 339.1 million in 2028. The growth of the subsea thermal insulation materials market is primarily driven by: Increasing oil demand from developing economies further fuels the increasing production of oil, Expansion in the oil rig counts.
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