PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1460721
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1460721
Marine Fender Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2024 - 2030)
The marine fender market was USD 743.5 million in 2023, and it will touch USD 936.4 million, powering at more than 3% CAGR, by 2030.
The main factor for this growth is the rising volume of global trade. The international shipping sector is responsible for the carriage of 90% of the goods worldwide, which indicates its importance to modern life and economies.
The increasing trade between nations, the increasing defense expenses, and the development of new terminals and ports will further boost the industry expansion.
Marine fenders with flexible components are regularly employed to shield berthing structures. A key reason for the unscheduled interruption/downtime of berthing facilities is the failure of these structures. Companies in this market are focusing on improvements to make them more inexpensive and reduce the impact on the environment.
Metal-skinning absorbers, a backup system for conventional elastic fenders, are being employed to accomplish this purpose. Such absorbers reduce the danger of unscheduled downtimes due to elastic marine fenders' failure, thus, shielding the berthing structure.
The key factor behind this growth is the rising attention to sustainable aspects like component recycling & reuse, which have appeared as a cost-effective solution for manufacturers.
Market Analysis
The rubber type led the industry in 2023, with approximately 30% share. The major factor for this growth is the high requirement for flexible, highly durable, and inexpensive material to reduce the damage while docking.
The foam type will advance at the fastest rate, of 3.8%, in the years to come. Foam type is gaining traction because of its durability, low cost, low maintenance, low weight, high power absorption capacity, high life expectancy, and recovery rate, even when employed in saline water.
The extrusion manufacturing process was the largest contributor to the industry in 2023, with approximately 50% share. This is because of its capability to allow high-volume production, cost-effectiveness, versatility, and effective manufacturing.
Private ownership accounted for the leading share of the industry in 2023, of approximately 75%. This is because of the flexibility of private firms in decision-making and long-term strategic emphasis.
The mounting structure component led the industry in 2023, with approximately 55% share. The key reasons for this growth include security, reliable performance, and stability.
The dock application was the largest contributor to the industry in 2023, with approximately 25% share. Marine fenders are widely employed at the dock to absorb impact forces, guarantee safe port operations, and avoid damage to ships.
APAC led the industry in 2023, with approximately 45% share. The region is home to the largest shipping sector in the world.
APAC also has plenty of raw materials like rubber and a high production volume with innovative industrial technologies.
The marine fenders industry is quite competitive. Key players are focused on meeting the changing industry and customers' demands by employing strategic alliances and producing advanced products.
Cost, reliability, quality, and the capacity to serve an extensive range of marine structures are the major focus areas for players. They are also engaging in investment, geographical expansions, and collaborations to improve their presence.
Table of Contents
Chapter 1. Research Scope
- 1.1. Research Objectives
- 1.2. Market Definition
- 1.3. Analysis Period
- 1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by type
- 1.4.2. Market size breakdown, by manufacturing process
- 1.4.3. Market size breakdown, by ownership
- 1.4.4. Market size breakdown, by component
- 1.4.5. Market size breakdown, by application
- 1.4.6. Market size breakdown, by region
- 1.4.7. Market size breakdown, by country
- 1.5. Market Data Reporting Unit
- 1.5.1. Value
- 1.6. Key Stakeholders
Chapter 2. Research Methodology
- 2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
- 2.2. Primary Research
- 2.3. Market Size Estimation
- 2.4. Data Triangulation
- 2.5. Currency Conversion Rates
- 2.6. Assumptions for the Study
- 2.7. Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Market Indicators
Chapter 5. Industry Outlook
- 5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
- 5.2. Impact of COVID-19
- 5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes
Chapter 6. Global Market
- 6.1. Overview
- 6.2. Market Revenue, by Type (2017-2030)
- 6.2.1. Rubber market revenue, by type (2017-2030)
- 6.3. Market Revenue, by Manufacturing Process (2017-2030)
- 6.4. Market Revenue, by Ownership (2017-2030)
- 6.5. Market Revenue, by Component (2017-2030)
- 6.6. Market Revenue, by Application (2017-2030)
- 6.7. Market Revenue, by Region (2017-2030)
Chapter 7. North America Market
- 7.1. Overview
- 7.2. Market Revenue, by Type (2017-2030)
- 7.2.1. Rubber market revenue, by type (2017-2030)
- 7.3. Market Revenue, by Manufacturing Process (2017-2030)
- 7.4. Market Revenue, by Ownership (2017-2030)
- 7.5. Market Revenue, by Component (2017-2030)
- 7.6. Market Revenue, by Application (2017-2030)
- 7.7. Market Revenue, by Country (2017-2030)
Chapter 8. Europe Market
- 8.1. Overview
- 8.2. Market Revenue, by Type (2017-2030)
- 8.2.1. Rubber market revenue, by type (2017-2030)
- 8.3. Market Revenue, by Manufacturing Process (2017-2030)
- 8.4. Market Revenue, by Ownership (2017-2030)
- 8.5. Market Revenue, by Component (2017-2030)
- 8.6. Market Revenue, by Application (2017-2030)
- 8.7. Market Revenue, by Country (2017-2030)
Chapter 9. APAC Market
- 9.1. Overview
- 9.2. Market Revenue, by Type (2017-2030)
- 9.2.1. Rubber market revenue, by type (2017-2030)
- 9.3. Market Revenue, by Manufacturing Process (2017-2030)
- 9.4. Market Revenue, by Ownership (2017-2030)
- 9.5. Market Revenue, by Component (2017-2030)
- 9.6. Market Revenue, by Application (2017-2030)
- 9.7. Market Revenue, by Country (2017-2030)
Chapter 10. LATAM Market
- 10.1. Overview
- 10.2. Market Revenue, by Type (2017-2030)
- 10.2.1. Rubber market revenue, by type (2017-2030)
- 10.3. Market Revenue, by Manufacturing Process (2017-2030)
- 10.4. Market Revenue, by Ownership (2017-2030)
- 10.5. Market Revenue, by Component (2017-2030)
- 10.6. Market Revenue, by Application (2017-2030)
- 10.7. Market Revenue, by Country (2017-2030)
Chapter 11. MEA Market
- 11.1. Overview
- 11.2. Market Revenue, by Type (2017-2030)
- 11.2.1. Rubber market revenue, by type (2017-2030)
- 11.3. Market Revenue, by Manufacturing Process (2017-2030)
- 11.4. Market Revenue, by Ownership (2017-2030)
- 11.5. Market Revenue, by Component (2017-2030)
- 11.6. Market Revenue, by Application (2017-2030)
- 11.7. Market Revenue, by Country (2017-2030)
Chapter 12. U.S. Market
- 12.1. Overview
- 12.2. Market Revenue, by Type (2017-2030)
- 12.2.1. Rubber market revenue, by type (2017-2030)
- 12.3. Market Revenue, by Manufacturing Process (2017-2030)
- 12.4. Market Revenue, by Ownership (2017-2030)
- 12.5. Market Revenue, by Component (2017-2030)
- 12.6. Market Revenue, by Application (2017-2030)
Chapter 13. Canada Market
- 13.1. Overview
- 13.2. Market Revenue, by Type (2017-2030)
- 13.2.1. Rubber market revenue, by type (2017-2030)
- 13.3. Market Revenue, by Manufacturing Process (2017-2030)
- 13.4. Market Revenue, by Ownership (2017-2030)
- 13.5. Market Revenue, by Component (2017-2030)
- 13.6. Market Revenue, by Application (2017-2030)
Chapter 14. Germany Market
- 14.1. Overview
- 14.2. Market Revenue, by Type (2017-2030)
- 14.2.1. Rubber market revenue, by type (2017-2030)
- 14.3. Market Revenue, by Manufacturing Process (2017-2030)
- 14.4. Market Revenue, by Ownership (2017-2030)
- 14.5. Market Revenue, by Component (2017-2030)
- 14.6. Market Revenue, by Application (2017-2030)
Chapter 15. France Market
- 15.1. Overview
- 15.2. Market Revenue, by Type (2017-2030)
- 15.2.1. Rubber market revenue, by type (2017-2030)
- 15.3. Market Revenue, by Manufacturing Process (2017-2030)
- 15.4. Market Revenue, by Ownership (2017-2030)
- 15.5. Market Revenue, by Component (2017-2030)
- 15.6. Market Revenue, by Application (2017-2030)
Chapter 16. U.K. Market
- 16.1. Overview
- 16.2. Market Revenue, by Type (2017-2030)
- 16.2.1. Rubber market revenue, by type (2017-2030)
- 16.3. Market Revenue, by Manufacturing Process (2017-2030)
- 16.4. Market Revenue, by Ownership (2017-2030)
- 16.5. Market Revenue, by Component (2017-2030)
- 16.6. Market Revenue, by Application (2017-2030)
Chapter 17. Italy Market
- 17.1. Overview
- 17.2. Market Revenue, by Type (2017-2030)
- 17.2.1. Rubber market revenue, by type (2017-2030)
- 17.3. Market Revenue, by Manufacturing Process (2017-2030)
- 17.4. Market Revenue, by Ownership (2017-2030)
- 17.5. Market Revenue, by Component (2017-2030)
- 17.6. Market Revenue, by Application (2017-2030)
Chapter 18. Spain Market
- 18.1. Overview
- 18.2. Market Revenue, by Type (2017-2030)
- 18.2.1. Rubber market revenue, by type (2017-2030)
- 18.3. Market Revenue, by Manufacturing Process (2017-2030)
- 18.4. Market Revenue, by Ownership (2017-2030)
- 18.5. Market Revenue, by Component (2017-2030)
- 18.6. Market Revenue, by Application (2017-2030)
Chapter 19. Japan Market
- 19.1. Overview
- 19.2. Market Revenue, by Type (2017-2030)
- 19.2.1. Rubber market revenue, by type (2017-2030)
- 19.3. Market Revenue, by Manufacturing Process (2017-2030)
- 19.4. Market Revenue, by Ownership (2017-2030)
- 19.5. Market Revenue, by Component (2017-2030)
- 19.6. Market Revenue, by Application (2017-2030)
Chapter 20. China Market
- 20.1. Overview
- 20.2. Market Revenue, by Type (2017-2030)
- 20.2.1. Rubber market revenue, by type (2017-2030)
- 20.3. Market Revenue, by Manufacturing Process (2017-2030)
- 20.4. Market Revenue, by Ownership (2017-2030)
- 20.5. Market Revenue, by Component (2017-2030)
- 20.6. Market Revenue, by Application (2017-2030)
Chapter 21. India Market
- 21.1. Overview
- 21.2. Market Revenue, by Type (2017-2030)
- 21.2.1. Rubber market revenue, by type (2017-2030)
- 21.3. Market Revenue, by Manufacturing Process (2017-2030)
- 21.4. Market Revenue, by Ownership (2017-2030)
- 21.5. Market Revenue, by Component (2017-2030)
- 21.6. Market Revenue, by Application (2017-2030)
Chapter 22. Australia Market
- 22.1. Overview
- 22.2. Market Revenue, by Type (2017-2030)
- 22.2.1. Rubber market revenue, by type (2017-2030)
- 22.3. Market Revenue, by Manufacturing Process (2017-2030)
- 22.4. Market Revenue, by Ownership (2017-2030)
- 22.5. Market Revenue, by Component (2017-2030)
- 22.6. Market Revenue, by Application (2017-2030)
Chapter 23. South Korea Market
- 23.1. Overview
- 23.2. Market Revenue, by Type (2017-2030)
- 23.2.1. Rubber market revenue, by type (2017-2030)
- 23.3. Market Revenue, by Manufacturing Process (2017-2030)
- 23.4. Market Revenue, by Ownership (2017-2030)
- 23.5. Market Revenue, by Component (2017-2030)
- 23.6. Market Revenue, by Application (2017-2030)
Chapter 24. Brazil Market
- 24.1. Overview
- 24.2. Market Revenue, by Type (2017-2030)
- 24.2.1. Rubber market revenue, by type (2017-2030)
- 24.3. Market Revenue, by Manufacturing Process (2017-2030)
- 24.4. Market Revenue, by Ownership (2017-2030)
- 24.5. Market Revenue, by Component (2017-2030)
- 24.6. Market Revenue, by Application (2017-2030)
Chapter 25. Mexico Market
- 25.1. Overview
- 25.2. Market Revenue, by Type (2017-2030)
- 25.2.1. Rubber market revenue, by type (2017-2030)
- 25.3. Market Revenue, by Manufacturing Process (2017-2030)
- 25.4. Market Revenue, by Ownership (2017-2030)
- 25.5. Market Revenue, by Component (2017-2030)
- 25.6. Market Revenue, by Application (2017-2030)
Chapter 26. Saudi Arabia Market
- 26.1. Overview
- 26.2. Market Revenue, by Type (2017-2030)
- 26.2.1. Rubber market revenue, by type (2017-2030)
- 26.3. Market Revenue, by Manufacturing Process (2017-2030)
- 26.4. Market Revenue, by Ownership (2017-2030)
- 26.5. Market Revenue, by Component (2017-2030)
- 26.6. Market Revenue, by Application (2017-2030)
Chapter 27. South Africa Market
- 27.1. Overview
- 27.2. Market Revenue, by Type (2017-2030)
- 27.2.1. Rubber market revenue, by type (2017-2030)
- 27.3. Market Revenue, by Manufacturing Process (2017-2030)
- 27.4. Market Revenue, by Ownership (2017-2030)
- 27.5. Market Revenue, by Component (2017-2030)
- 27.6. Market Revenue, by Application (2017-2030)
Chapter 28. U.A.E. Market
- 28.1. Overview
- 28.2. Market Revenue, by Type (2017-2030)
- 28.2.1. Rubber market revenue, by type (2017-2030)
- 28.3. Market Revenue, by Manufacturing Process (2017-2030)
- 28.4. Market Revenue, by Ownership (2017-2030)
- 28.5. Market Revenue, by Component (2017-2030)
- 28.6. Market Revenue, by Application (2017-2030)
Chapter 29. Competitive Landscape
- 29.1. List of Market Players and their Offerings
- 29.2. Competitive Benchmarking of Key Players
- 29.3. Product Benchmarking of Key Players
- 29.4. Recent Strategic Developments
Chapter 30. Company Profiles
- 30.1. Trelleborg Marine and Infrastructure
- 30.1.1. Business overview
- 30.1.2. Product and service offerings
- 30.1.3. Key financial summary
- 30.2. Sumitomo Rubber Industries Ltd.
- 30.2.1. Business overview
- 30.2.2. Product and service offerings
- 30.2.3. Key financial summary
- 30.3. THE YOKOHAMA RUBBER CO. LTD.
- 30.3.1. Business overview
- 30.3.2. Product and service offerings
- 30.3.3. Key financial summary
- 30.4. Qingdao Jier Engineering Rubber Co. Ltd.
- 30.4.1. Business overview
- 30.4.2. Product and service offerings
- 30.4.3. Key financial summary
- 30.5. Bridgestone Corporation
- 30.5.1. Business overview
- 30.5.2. Product and service offerings
- 30.5.3. Key financial summary
- 30.6. J.C. MacElroy Company Inc.
- 30.6.1. Business overview
- 30.6.2. Product and service offerings
- 30.6.3. Key financial summary
- 30.7. Anchor Marine & Supply Inc.
- 30.7.1. Business overview
- 30.7.2. Product and service offerings
- 30.7.3. Key financial summary
- 30.8. Marine Fenders International
- 30.8.1. Business overview
- 30.8.2. Product and service offerings
- 30.8.3. Key financial summary
- 30.9. Jiangsu Ronggang Equipment Co. Ltd.
- 30.9.1. Business overview
- 30.9.2. Product and service offerings
- 30.9.3. Key financial summary
- 30.10. Zhenjiang Tonly Rubber Co. Ltd.
- 30.10.1. Business overview
- 30.10.2. Product and service offerings
- 30.10.3. Key financial summary
- 30.11. James Fisher and Sons plc.
- 30.11.1. Business overview
- 30.11.2. Product and service offerings
- 30.11.3. Key financial summary
Chapter 31. Appendix
- 31.1. Abbreviations
- 31.2. Sources and References
- 31.3. Related Reports
