According to our (Global Info Research) latest study, the global Offshore Mooring Chain for Floating Offshore Wind market size was valued at US$ 153 million in 2024 and is forecast to a readjusted size of USD 1353 million by 2031 with a CAGR of 37.0% during review period.
Floating offshore wind power consists of four subsystems: wind turbine tower system, foundation system, mooring system and cable transmission system. As an offshore floating structure, floating wind turbines need to be restrained in position and movement through a mooring system. Their mechanical mechanism mainly provides restraint tension through the deformation of steel cables or composite materials or the change in the suspended weight of steel chains. Mooring chains are usually steel chain structures. Steel chains are connected by many links. Steel chains have become the most widely used system due to their low manufacturing cost, simple process, and high strength. Mooring material, the pretension of the mooring chain mainly depends on the suspended section of the mooring chain, and the restoring force of the mooring chain is mainly achieved through the change of the suspended section of the mooring chain.
As the demand for renewable energy continues to rise, the development and application of floating offshore wind farms are gaining significant attention. Floating wind turbines can be deployed in deep water, unlocking more renewable energy resources, but this also places higher demands on mooring systems. In these systems, the offshore mooring chain is a crucial component that connects the wind turbines to seabed anchorage points, and the design of these chains must consider various complex factors such as water depth, current, wind loads, and wave action.
There are two main types of offshore mooring chains: stud link chains and studless link chains. For floating offshore wind applications, studless link chains are generally preferred. This preference arises from their higher flexibility and adaptability, making them better suited to handle dynamic load changes in deep-water environments. The design of studless chains simplifies the structure, reducing friction and wear between links, which enhances durability and reliability—especially critical in areas frequently impacted by wind and waves.
Moreover, the mooring chains for floating offshore wind turbines must exhibit excellent corrosion resistance to withstand seawater exposure. As a result, the trend is toward the use of high-strength steel and special coatings in studless chains. With the increasing number of floating offshore wind projects, the demand for high-performance offshore mooring chains is expected to grow significantly. Market research predicts that the offshore mooring chain market for floating wind will experience steady growth over the next five years.
This report is a detailed and comprehensive analysis for global Offshore Mooring Chain for Floating Offshore Wind market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Offshore Mooring Chain for Floating Offshore Wind market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Offshore Mooring Chain for Floating Offshore Wind market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Offshore Mooring Chain for Floating Offshore Wind market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Offshore Mooring Chain for Floating Offshore Wind market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Offshore Mooring Chain for Floating Offshore Wind
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Offshore Mooring Chain for Floating Offshore Wind market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Vicinay Cadenas, DaiHan Anchor Chain, Laiwu Steel Group Zibo Anchor Chain, Asian Star Anchor Chain, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Offshore Mooring Chain for Floating Offshore Wind market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Stud Link
Studless Link
Market segment by Application
Spar Floating Offshore Wind
Semi-submersible Floating Offshore Wind
Barge Floating Offshore Wind
Other
Major players covered
Vicinay Cadenas
DaiHan Anchor Chain
Laiwu Steel Group Zibo Anchor Chain
Asian Star Anchor Chain
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Offshore Mooring Chain for Floating Offshore Wind product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Offshore Mooring Chain for Floating Offshore Wind, with price, sales quantity, revenue, and global market share of Offshore Mooring Chain for Floating Offshore Wind from 2020 to 2025.
Chapter 3, the Offshore Mooring Chain for Floating Offshore Wind competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Offshore Mooring Chain for Floating Offshore Wind breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Offshore Mooring Chain for Floating Offshore Wind market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Offshore Mooring Chain for Floating Offshore Wind.
Chapter 14 and 15, to describe Offshore Mooring Chain for Floating Offshore Wind sales channel, distributors, customers, research findings and conclusion.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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