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Marine Fender Market

Marine Fender - Global Market Outlook (2018-2027)

4.9 (35 reviews)
Published: November 2019 ID: SMRC18680
4.9 (35 reviews)
Published: November 2019 ID: SMRC18680

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Marine Fender Market is accounted for $670.00 million in 2018 and is expected to reach $1,048.33 million by 2027 growing at a CAGR of 5.1% during the forecast period. Some of the key factors influencing the market growth include high demand for minimum test and inspection procedures, expansion of seaborne trade, the emerging trend of leasing ports and their infrastructure development. However, the supply of inferior quality fenders hampers the growth of the marine fender market

Marine fenders play an important role in maritime infrastructure to protect ships and berth structures from damage. These fenders are designed to impart safety to the port and vessels against a collision with other vessels. Marine fenders are important to prevent loss to the body of boat or ship. These are used between marine vessels and docking structures to prevent damage during berthing. 

Based on the fender, the rubber fender segment is expected to have a lucrative growth during the forecast period, owing to the high life expectancy of rubber fenders, availability of raw materials in adequate amount and high demand for cone and cell fenders. However, rubber is a conventional material that is used for manufacturing marine fenders, and thus, the high popularity of this material is likely to drive the market for rubber fenders.

By Geography, the Asia Pacific region has a huge demand due to the availability of natural rubber in an adequate amount in the region and expansion of ports in the ASEAN region and China as a result of a rise in trade. Moreover, Asia Pacific comprises developing economies that are focusing on strengthening their economies through international trade, thus investing large sums in port development, which is leading to the high demand for marine fenders in the region.

Some of the key players in global Marine Fender market are Max Groups Marine Corporation, Anchor Marine & Supply, Inc., Qingdao Jier Engineering Rubber Co., Ltd., Bridgestone Corporation, Lalizas, Marine Fenders International, Inc., Doshin Rubber Products (M) Sdn. Bhd, Lankhorst Recycling Products, Eltech Rubber (India) Pvt. Ltd.,  Sinochem Group Co., Ltd., Macelroy Company, Inc., Qingdao Tiandun Rubber Co., Ltd., James Fisher And Sons Plc, Shibata Industrial Co., Ltd, Sumitomo Rubber Industries Ltd., Trelleborg Ab, Thai Rubber Corporation, Von Bundit Co., Ltd., Yantai Defender Maritime Co., Ltd., Urethane Products Corporation, and Yokohama Rubber Co., Ltd 

Components Covered:
• Face Pads
• Mounting Structure
• Other Components

Fenders Covered:
• Pneumatic
• Timber
• HALO Fenders
• Foam
• Tug Fenders
• Rubber
• Other Fenders

Ownerships Covered:
• Private
• Public

Manufacturing Processes Covered:
• Extrusion
• Molding
• Other Manufacturing Processes

Applications Covered:
• Naval Vessels
• Commercial Vessels
• Other Applications

End Users Covered:
• Ports
• Dockyards 
• Ships
• Barges
• Tugs
• Ferries 
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand      
o South Korea       
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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