Ship Fender Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Anchor Marine, Maritime International, Tonly, Hutchinson, Sumitomo Rubber

Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Ship Fender Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 3.9% during the review period (2022 to 2027).

Ship Fender Market Overview

Ship fenders are important components of maritime infrastructure serving to protect ships and berth structures from damage. The Ship fenders are primarily intended to protect the port and vessels from collision with other vessels. These are utilized to avoid damage during the docking process between   the marine vessels and the docking structure The emergence of pneumatic marine fenders has proven to be the ideal alternative for traditional marine fenders in the recent years because of their low maintenance and low cost which will directly contribute to the growth of the global marine fenders market during the forecast period.Ship fenders incorporating elastic components are often used to defend berthing structures.  One of the primary reasons of unplanned downtime of berthing facilities has been the failure of elastic Ship fenders Manufacturers in the Ship fender market are innovating on the performance of novel materials that are likely to affect energy absorption and subsequent berthing forces as well as developing technologies to make fenders cost-effective and environmentally sustainable.Increased research and development are being conducted to integrate metal skinning mechanisms that are compatible with the various sizes of vessels and the skinning depth of the systems. Furthermore, increased focus on sustainable aspects such as component re-use and recycling has emerged as a cost-effective alternative for manufacturers, which is the driving force behind this development. Metal-skinning is the future of the Ship fenders market and is expected to drive the global marine fenders market during the forecast period.

Industry News

• In 2019, Lockheed Martin secured a contract from the U.S. Navy to build multi-mission surface combatants for Saudi Arabia. The ships are slated to be built at Fincantieri’s Marinette Marine shipyard in Wisconsin.


• In 2019, Fendercare Marine in association with Yokohoma successfully delivered fenders to meet the US Navy’s brief of being between six to seven meters in diameter and having the ability to meet low-pressure requirements. The fender stands 6.8m in height and 13.1m long with ISO 17357 compliance. It is designed to withstand extreme environmental conditions without any deterioration in performance in temperatures of -49°C and below.


• In 2019, SembCorp Marine is building a self-propelled, semi-submersible crane vessel for Netherlands Heerema Offshore Facility. The vessel is expected to be used in decommissioning services and aid the installation and removal of subsea equipment. SembCorp approached Fendercare Marine to supply high-quality safety equipment to reduce the risk of damage during operations. The company will provide floating fenders with enhanced durability and protection plus bespoke aircraft tire nets, shackles, and connectors withstand harsh offshore conditions.

What are the major Applications, Types, and Regions for the Ship Fender Market?

By Type, it is segmented into

• Solid Rubber Fenders


• Pneumatic Fenders


• Foam Fenders


• Other

By Applications, it is segmented into

• Ship


• Yacht


• Other

Ship Fender Market Regional Analysis

The Ship fender market has been segmented into North America, Europe, APAC, Latin America, and Middle East & Africa. U.S maritime industry plays a significant role in shaping the economic progress of the region. The growing trade across the country increases the demand for ships.

European countries widely use the seaborne Way for trading. The growing seaborne trade, along with increasing offshore construction activities, is expected to fuel the market. The APAC is a depot to some of the giant shipbuilding companies in the world. The region has an extensive seashore, which is used by several countries for transportation and trading of goods. Also, China is persistently investing in naval ships and offshore infrastructure that are set to bode the market.

All these factors greatly affect the Ship Fender market growth. It further aims at providing a complete overview on a detailed assessment of significant features of different industries including sales volume, market revenue, and demand size, sales growth, pricing analysis, and changing market growth factors in regions such as Follows,

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Ship Fender Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Ship Fender Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Ship Fender Market report scope?

Key Takeaways from this Ship Fender Report

• Evaluate Ship Fender market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at country level - for product types, end-use applications, and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges, and hidden opportunities.


• Get in-depth insights on your competitor's performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis, and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Ship Fender market entropy - M&As, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand, and competitive landscape for more than the top 20 countries globally for the market.

FAQ -

What is the study period of this market?

The Ship Fender Market is studied from 2017 - 2027.

 What is the growth rate of Ship Fender Market?

The Ship Fender Market is growing at a CAGR of 3.9% over the next 5 years.

What regions does this Ship Fender Market report covers?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report as your needs.