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The global Maritime Fenders (Marine Fender) market was valued at 5.9 Million USD in 2021 and will grow with a CAGR of 3.48% from 2021 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Marine fenders are used between marine vessels and docking structures to prevent damage during berthing.As for the global Marine Fender industry, the most production value share is led by several giants. The giant Trelleborg, which has 8.78% market share in 2017, is the leader in the Marine Fender industry, followed by Bridgestone and Sumitomo Rubber. 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 southeast 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. Natural rubber price is at rather low level currently and is forecasted to be unsustainable. Players in this industry should pay attention to the price fluctuation and try to enhance market position before the raw material price rise again. Although sales of Marine Fender products bring a lot of opportunities, the study group recommends the new entrants who just have money but without technical advantage, raw materials advantage and downstream support, do not enter into the Marine Fender field hastily.
By Market Verdors:
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
By Types:
Solid Rubber Fenders
Pneumatic Fenders
Foam Fenders
By Applications:
Ports and Docks on Quay Walls and Other Berthing Structures.
Tugs, Barges, Ferries and Similar Hard Working Vessels
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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