Transparency Market Research has published a new report on the global marine fender market for the forecast period of 2019–2027. According to the report, the global marine fender market is projected to reach a value of ~US$ 880 Mn by 2027, expanding at a CAGR of ~3% during the forecast period.
Global Marine Fender Market: Key Findings
- According
to the report, the global marine fender market is likely to be driven by the
expansion of international trade and increasing port terminals in major
developing nations.
- Stringency
of regulatory norms for seaborne trade is one of the prominent factors
responsible for the expansion of the global marine fender market.
- Rubber
fenders are key fender types, and this segment is likely to hold a
noteworthy share of the global marine fenders market during the forecast
period. However, there has been a rise in the popularity of foam and
pneumatic fenders in the market.
Major Key Players of
the Marine Fender Market are:
ANCHOR MARINE & SUPPLY, INC., Bridgestone Corporation, INMARE, J.C.
MacElroy Company, Inc., Lalizas Italia s.r.l., MARINE FENDERS INTERNATIONAL,
INC., Trelleborg Marine Systems, SHIBATA INDUSTRIAL CO., LTD., THE YOKOHAMA
RUBBER CO., LTD., Sumitomo Rubber Industries, Ltd., and Urethane Products
Corporation.
Get sample copy of “Marine
Fender Market” at: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=37565
Expansion of Global Marine Fender Market
- North
America and Europe are witnessing an expansion of manufacturing, raw
materials, electronics, oils & chemicals, agriculture, and textiles
& apparel industries, which is driving their economic development.
Moreover, the transportation of products and goods by means of waterways
plays an integral role, as this mode of transport is cost-effective and
energy-efficient as compared to other modes.
- Booming
industrialization and globalization led to the expansion of existing
vessel ports and harbors in order to enhance the capacity of cargo
transportation. Moreover, new vessel terminals are being developed by
various developing nations, owing to the rise in bilateral trade, which is
driving the market for marine fenders.
- In
2017, global seaborne trade witnessed a significant 4% growth,
the fastest in the past five years. It is projected to grow at a
considerable rate of ~4% in the near future. Moreover, a
surge in imports and exports is anticipated to aid in the development of
vessel terminals and ports. This is estimated to boost the global marine
fender market.
Global Marine Fender
Market: Segmentation
The global marine
fender market has been segmented as follows:
Marine Fender Market
by Fender
·
Rubber
·
Cell Type
·
Cone Type
·
Arch Type
·
Cylindrical Type
·
D-Fenders
·
Others
·
Foam
·
Pneumatic
·
Timber
·
Others
Marine Fender Market
by Component
·
Mounting Structure
·
Face Pads
·
Others
Marine Fender Market
by Manufacturing Process
·
Molding
·
Extrusion
·
Others
Marine Fender Market
by Ownership
·
Public
·
Private
Marine Fender Market
by End Use
·
Dockyards
·
Ships
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Inquiry about report at: https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=37565
Research objectives:-
– To study and analyze the global Marine Fender consumption
(value & volume) by key regions/countries, product type and application,
history data.
– To understand the structure of the Marine Fender market by
identifying its various sub-segments.
– Focuses on the key global Marine Fender manufacturers, to
define, describe and analyze the sales volume, value, market share, market
competitive landscape, SWOT analysis, and development plans in the next few
years.
– To analyze the Marine Fender with respect to individual
growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors
influencing the growth of the market (growth potential, opportunities, drivers,
industry-specific challenges and risks).
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