A recent report published by
Infinium Global Research on marine fender market provides in-depth analysis of
segments and sub-segments in the global as well as regional marine fender market.
The study also highlights the impact of drivers, restraints, and macro
indicators on the global and regional marine fender market over the short term
as well as long term. The report is a comprehensive presentation of trends,
forecast and dollar values of the global marine fender market. According to the
report, the global marine fender market is projected to grow at a CAGR of 3.2%
over the forecast period of 2019-2025.
Marine 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.
Companies operating in the global marine fender market are focusing on
technological development and new product launches that promote innovations.
The key players in the global marine fender market are adopting strategic
mergers and acquisitions that expand their market share.
The increasing demand for minimum
test and inspection procedures drive the growth of the marine fender market.
Marine fenders are of vital importance in the maritime infrastructure. It
protects ships and berth structures from damage. The rising shipbuilding
industry in developing economies contributes to the growth of the marine fender
market. The growing import and export activities and improvement in port
infrastructure promote the growth of the marine fender market. On the other
side, the supply of inferior quality fenders hampers the growth of the marine
fender market. Moreover, technological development encourages new product
launches that create novel opportunities for the growth of the marine fender
Based on geography, the global
marine fender market is segmented into North America, Asia-Pacific, Europe, and
the Rest of the World. North America is anticipated to have a premium share in
the global marine fender market. Asia-Pacific region is expected to grow in the
global marine fender market with a healthy CAGR over the forecast period. The
rising shipbuilding industry and a high level of import and export activities
in China stimulate the growth of the Asia-Pacific region. Europe is growing in
the global marine fender market. The increasing number of mergers and
acquisitions in Europe contributes to market growth.
The report on the global marine fender
market covers segments such as fender, component, manufacturing process, and
end-use. On the basis of the fender, the sub-markets include rubber, foam, timber,
pneumatic, and other fenders. On the basis of component, the sub-markets
include face pad, mounting structure, and other components. On the basis of the manufacturing process, the sub-markets include molding, extrusion, and other
manufacturing processes. On the basis of end-use, the sub-markets include
dockyard, and ships.
The report provides profiles of
the companies in the market such as Yokohama Rubber Co, Ltd., Trelleborg AB,
The Rubber Company Ltd., Longwood Industries Inc., Urethane Products
Corporation, James Fisher and Sons Plc, Prosertek Group S.L., Bridgestone Corporation,
Eltech Rubber Pvt. Ltd., Anchor Marine & Supplies Pte Ltd., and other
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of marine fender market. Moreover, the study highlights current market
trends and provides forecast from 2019-2025. We also have highlighted future trends
in the market that will affect the demand during the forecast period. Moreover,
the competitive analysis given in each regional market brings an insight into
the market share of the leading players.