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Pneumatic Fenders Market Size, Share Global Analysis Report, 2020–2026
Pneumatic Fenders Market By Type (Rubber Mat-Wire Net, Tire-Chain Net and Fiber Net); By Application (Ports, Ships, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026
Industry Insights
[197+ Pages Report] According to the report published by Facts Factors, the global pneumatic fenders market size was worth around USD 265.0 million in 2019 and is predicted to grow to around USD 340.63 million by 2026 with a compound annual growth rate (CAGR) of roughly 3.8% between 2020 and 2026. The report analyzes the global pneumatic fenders market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the pneumatic fenders market.
This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the pneumatic fenders industry. The report analyzes and declares the historical and current trends analysis of the pneumatic fenders industry and subsequently recommends the projected trends anticipated to be observed in the pneumatic fenders market in the upcoming years.
The pneumatic fenders market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire pneumatic fenders market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volumes (Units) and value (USD Million) from FY 2016 – 2026.
Key Insights from Primary Research
- As per primary respondents, the global pneumatic fenders market is set to grow annually at a CAGR rate of 4.0%. In 2019, the market is valued at around USD 270.16 Million and is expected to reach at around USD 355.99 Million by 2026.
- On basis of type segment, ‘tire-chain net’ dominated the global pneumatic fender market in 2019. The tire-chain net segment will grow at a CAGR rate of 4.3% over the forecast period.
- On basis of the application segment, ‘ships’ dominated the global pneumatic fender market in 2019. This segment will be the fastest-growing segment in the next few years.
- As per primary respondents, China is the leading market in 2019. It has accounted the USD 60.7 Million in 2019. It is due to the huge presence of a large number of pneumatic fenders that have led the market share in China region.
- It was established through primary research, that increasing trade activities is accelerating the demand for pneumatic fenders.
Key Recommendations from Analysts
- As per our analysts, the global pneumatic fenders market is expected to grow significantly over the forecast period.
- As per analysts, the high cost associated with pneumatic fenders is anticipated to deter market growth during the forecast period.
- As per our analysts, increasing trade activities across the globe are triggering the demand for pneumatic fenders. Moreover, the establishment of automated terminals will fuel the market growth over the projected years.
- The strategic and competitive advantage provided by the globalization trend is estimated to drive this market globally.
- Our research team has identified, that the Asia Pacific region registers highest CAGR over the projected years owing to rise in construction activities in this region.
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the pneumatic fenders industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the pneumatic fenders industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the pneumatic fenders market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the pneumatic fenders industry. The pneumatic fenders market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the pneumatic fenders sector. Key strategic developments in the pneumatic fenders market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the pneumatic fenders market are appropriately highlighted in the report.
Increasing trade operations owing to globalization is triggering the pneumatic fenders market growth in recent years. For instance, as per the survey, in 2018, the world's shipbuilding industry amounted to approximately USD 114.3 billion. The market is expected to reach USD 175 billion by 2025. This indicates that there will be a rise in shipbuilding products, which will boost the sales of the marine fender market over the forecast period. However, the high cost associated with a marine fender is estimated to deter the growth of the market.
Furthermore, massive investment initiatives taken by marine fender manufacturers in the Asia Pacific and Europe region are anticipated to propel the market growth. For instance, in 2019, Trelleborg, a Europe-based polymer solutions provider, and Cavotec SA automated connection and electrification system provider together installed automated mooring systems at Old City Harbour at Port of Tallinn in Estonia. Eckerö Line’s vessel and Tallink’s shuttle ships will be able to use the automated system. Thereby, certain factors are expected to fuel the pneumatic fenders market growth in the upcoming years.
The pneumatic fenders market research report delivers an acute valuation and taxonomy of the pneumatic fenders industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 265.0 Million |
Projected Market Size in 2026 |
USD 340.63 Million |
CAGR Growth Rate |
3.8% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Trelleborg Marine and Infrastructure, PALFINGER AG, ShibataFenderTeam AG, THE YOKOHAMA RUBBER CO., LTD., Qingdao Jier Engineering Rubber Co., Ltd., Shandong Nanhai Airbag Engineering Co., Ltd, Qingdao Evergreen Maritime Co., Ltd, Qingdao Tiandun Rubber Co., Ltd, Sumitomo Rubber Industries, Ltd., ANCHOR MARINE & SUPPLY, INC., and IRM Offshore and Marine Engineers Pvt. Ltd., and Others |
Key Segment |
By Type, Application, Distribution, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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The regional segmentation of the pneumatic fenders industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the pneumatic fenders industry is provided for the leading economies of the world.
The global pneumatic fenders market has been segmented into type and applications. The type has been segmented into rubber mat-wire net, tire-chain net, and fiber net. The application has been categorized into ports, ships, and others.
Some of the essential players operating in the global pneumatic fenders market, but not restricted to include
- Trelleborg Marine and Infrastructure
- PALFINGER AG
- ShibataFenderTeam AG
- THE YOKOHAMA RUBBER CO. Ltd.
- Qingdao Jier Engineering Rubber Co. Ltd.
- Shandong Nanhai Airbag Engineering Co. Ltd
- Qingdao Evergreen Maritime Co. Ltd
- Qingdao Tiandun Rubber Co. Ltd
- Sumitomo Rubber Industries Ltd.
- ANCHOR MARINE & SUPPLY Inc.
- IRM Offshore and Marine Engineers Pvt. Ltd
The taxonomy of the pneumatic fenders industry by its scope and segmentation is as follows:
By Type Segmentation Analysis
- Rubber Mat-Wire Net
- Tire-Chain Net
- Fiber Net
By Application Segmentation Analysis
- Ports
- Ships
- Others
By Regional Segmentation Analysis
- North America
- The U.S.
- Canada
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table of Content
Industry Major Market Players
- Trelleborg Marine and Infrastructure
- PALFINGER AG
- ShibataFenderTeam AG
- THE YOKOHAMA RUBBER CO. Ltd.
- Qingdao Jier Engineering Rubber Co. Ltd.
- Shandong Nanhai Airbag Engineering Co. Ltd
- Qingdao Evergreen Maritime Co. Ltd
- Qingdao Tiandun Rubber Co. Ltd
- Sumitomo Rubber Industries Ltd.
- ANCHOR MARINE & SUPPLY Inc.
- IRM Offshore and Marine Engineers Pvt. Ltd
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