"Actionable Insights to Fuel Your Growth"

Marine Fender Market Size, Share & Industry Analysis, By Type (Rubber Fenders, Foam Fenders, Composite Fenders) By Installation Location (Ship Fenders, Dock Fenders, Others) and Regional Forecast, 2022-2029

Region : Global | Report ID: FBI102756 | Status : Ongoing

 

KEY MARKET INSIGHTS

Marine fender is a protective type of marine equipment used to prevent ships, boats, yacht, and other naval vessels from colliding against each other or against dock, wharves, and piers. They are also known as marine bumpers. It is designed to absorb the energy that vessel transfers to a berthing structure avoid damage to ships. The main aim of installing marine fender is to protect both vessels and dock from significant failures during the berthing structure. Marine fenders are very substantial in the maritime industry as substantial trade around the world use marine transportation to export/import their goods. The United Nations Conference On Trade & Development stated in its report 2019 that total volumes amounting to 11 billion tons reached in 2018 despite the economic setback. Moreover, the expansion of marine vessels in the navy, offshore E&P activities, and offshore wind power installation is projected to offer a profitable market.


The marine fender market is bifurcated into type and installation location. Type is further rubber fender, foam fender, and composite fender. Rubber fender expected to account for the highest demand due to its ability to sustain in harsh environmental conditions and high cushioning effect to prevent damage to vessels or ships. The fender is either installed on the ships or docks. Ship fenders are made up of stronger material than those used in the dock because ship fenders exposed to a more challenging environment.


Key Market Driver -

Expansion of marine trade around the world

Key Market Restraint -

Frequent maintenance for durable operation


The international shipping industry is responsible for the carriage of 90% of the trade around the world, which emphasizes the maritime sector. Expansion of trade among countries, growing investment in shipbuilding & infrastructure as well as enlarging budget for defense naval vessels is set to drive the market. Also, the increasing offshore wind power installation and offshore E&P activities likely to boost the demand for the marine fender to prevent damage to ships or vessels.


Harsh environmental conditions and saline water likely to deteriorate the quality of the rubber. Thus, frequent maintenance is required for the fender to improve operational efficiency that likely to inhibit the market.


Key Players Covered:


The major marine fender companies in the market are Trelleborg Marine & Infrastructure, Fendercare Marine, Schuyler Companies, J.C. MacElroy Company, Inc., Bridgestone Americas, Viking Fender, Qingdao Jier Engineering Rubber Co., Sumitomo Rubber USA, Sea & Tec Co., Ltd., Prosertek, and The Yokohama Rubber Co., Ltd.


Regional Analysis:


The marine fender market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. America’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. Simultaneously, increasing offshore infrastructure such as wind farms, oil & gas, etc. is projected to propel the demand for marine fender.


To gain extensive insights into the market, Request for Customization


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


Segmentation






















 ATTRIBUTE


 DETAILS

By Type




  • Rubber Fenders

  • Foam Fenders

  • Composite Fenders



By Installation


Location




  • Ship Fenders

  • Dock Fenders

  • Others



By Geography




  • North America (USA and Canada)

  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)

  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico and Rest of Latin America)

  • Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)



Key Industry Developments



  • In December 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 October 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 12.7m long with ISO 17357 compliance. It is designed to withstand extreme environmental conditions without any deterioration in performance in temperatures of -50°C and below.

  • In July 2019, SembCorp Marine is building a self-propelled, semi-submersible crane vessel for Netherlands Heerema Offshore Service. 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.


  • Ongoing
  • 2021
  • 2018-2020

    CHOOSE LICENSE TYPE

  • $4850
    $5850
    $7850
    Pre Book

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Energy & Power Clients

UL
Fujifilm
Sumitomo
Ntt
Itic

Client Testimonials

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X