Industry Background:
Rubber fenders are made by using rubber and they are used as the hanged equipment of shielding dash for all sorts of shipping, ports and docks. Rubber fenders can absorb adequately the energy when was dashed to utmost to make sure the integrity. The primary objective of the rubber fenders is to absorb collision energy during the berthing process on dock. It helps to protect both dock and ship after collision.This growth is primarily driven by Outstanding Energy Absorption per Fender Weight
.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Volume Unit | K Units |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Marine sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as Trelleborg (Sweden), Bridgestone (Japan), Sumitomo Rubber Industries (Japan), Yokohama Rubber Company (Japan), Hutchinson SA (France), Maritime International (United Kingdom), Longwood Elastomers (United States), Anchor Marine (Dubai), JIER Marine Rubber Fender Systems (China) and Yantai Taihong Rubber Co., ltd. (China), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 05 March 2021, Trelleborg acquires Dutch Company Gutteling Group BV. The acquisition will help Trelleborg's industrial hose, specifically composite hose. Chlorine, sulfuric acid, biofuels, and LNG are all examples of harsh chemicals that require composite hoses. The company as a forward-thinking manufacturer of high-quality hoses and fittings for harsh locations Gutteling's accession strengthens our position as a system provider in LNG transfer, as well as in the aftermarket. There are also sales synergies between the company and its existing composite hose offering, according to the company.
On 24th January 2018, The Yokohama Rubber Company has developed the world’s largest floating pneumatic rubber fender with a diameter of six meters. The fender is designed to be used at offshore cargo transfer operations of liquefied natural gas (LNG) from LNG-FPSO (Floating Production, Storage and Offloading system) to LNG tankers.
Rubber Fender Market Dynamics:
Attributes | Details |
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Growth Drivers | - Outstanding Energy Absorption per Fender Weight
- Resistance to High/Low Temperature, Oil and Dust
- Easy Installation Process
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Influencing Trends | - Demand for High Quality Rubber Fenders
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Restraints | - Cost of the Rubber Fenders
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Road Blocks / Challenges | - Requires Fenders with Long Length to Spread Reactive Force
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Gaps & Opportunities | - Growing Demand for Marine Applications
- Rising Marine Industry Worldwide
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AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Rubber Fender Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Rubber Fender Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols:
By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Rubber Fender players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Rubber Fender Study Sheds Light on
The Rubber Fender Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Rubber Fender industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Rubber Fender industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.