Global Marine Fenders Market was valued at USD xx million in 2018 and is expected to reach at USD xx million by 2026 at a CAGR of xx% over forecast period 2019-2026.
Global Marine Fenders Market
Marine fenders are used between marine vessels and docking structures to prevent damage during berthing.
Increased focus on sustainable aspects such as re-use and recycling of components has emerged as a cost-effective option for manufacturers. Developments in the marine fender market, such as metal-skinning energy absorbers, act as a backup system for marine fenders. These new absorbers are an effective alternative to conventional elastic fenders. Metal-skinning energy absorbers protect berthing structures and provide economic advantages to manufacturers by reducing unplanned downtime that were earlier caused by elastic marine fenders. Increased research and development is being done to implement metal skinning mechanisms according to the various sizes of vessels and according to the skinning depth of the systems.
Pneumatic fenders are emerging as low-cost and low-maintenance alternatives to conventional marine fenders. Their self-floating and long-lasting durability is gaining prominence in ship-to-ship (STS) transfers and ship-to-berthing (STB) operations. As such, manufacturers in the marine fender market are striving to develop technologies that support its easy-to-deploy and efficacious energy absorption attributes.
By Applications market is segmented into Ports and Docks, Quay Walls, Other Berthing Structures, Tugs, Barges, Ferries and Others. Ports and Docks segment is expected to exhibit highest global market share at a CAGR of XX% over forecast period.
Global Marine Fenders Market is segmented into APAC, North America, Europe, MEA & Africa and Latin America. Asia market is led by Japanese manufacturers, along with the main ship building industry in Japan, Korea and China. However, industry transfer is obvious from Japan and Europe to China and other south east countries like Indonesia. China Marine Fender industry has developed quickly in the past ten years, along with port infrastructure, ship building industry and high level import & export activities. Matured rubber related industry, a complete supply chain and huge consumption market, are all factors that witnessed this development.
Key players operating in this market are Trelleborg, Bridgestone, Sumitomo Rubber, Maritime International, Yokohama, Hutchinson, IRM, Longwood, Noreq, Anchor Marine, JIER Marine, Taihong, Tonly, Qingdao Tiandun, Evergreen, Jiangsu Shelter. These players are adopting various organic and inorganic growth strategies such as joint ventures, merger and acquisition, alliances, consolidation and partnership to enhance their business operations, revenues and regional presence.
The objective of the report is to present a complete calculation of the Global Marine Fenders Market and contains thoughtful insights, historical data, facts, industry-validated market data and plans with a suitable set of assumptions and methodology. The report also helps in the Global Marine Fenders Market is a dynamic structure by identifying and analysing the market segments and project the global market size. The additional, report also focuses on the competitive analysis of key player’s by-product, financial position, price, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address the question of shareholders to prioritizing the efforts and investment shortly to the emerging segment in the Global Marine Fenders Market.
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Scope of Report
Global Marine Fender Market Segmentation by Types
Composite Fenders
Square Fenders
Delta Fenders
Cylindrical Fenders
Wing Fenders
Global Marine Fender Market Segmentation by Applications
Ports and Docks
Quay Walls
Other Berthing Structures
Tugs
Barges
Ferries
Others
Global Marine Fender Market Segmentation by Region
North America
APAC
Europe
MEA& Africa
Latin America
Global Marine Fenders Market Major Players
Trelleborg
Bridgestone
Sumitomo Rubber
Maritime International
Yokohama
Hutchinson
IRM
Longwood
Noreq
Anchor Marine
JIER Marine
Taihong
Tonly
Qingdao Tiandun
Evergreen
Jiangsu Shelter
Zhaoyuan Talent Plastic
Jiangyin Hengsheng
YOKOHAMA
Max-groups
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