Dock Fender Market
Dock Fender Market - Global Industry Assessment & Forecast
- By Product Type Extruded Fender, Moulded Fender, Foam-Filled Fender, Pneumatic & Hydro-Pneumatic Fender, Composites Fender
- By End-Use Naval Ports, Container Ports, Oil & Gas Ports, Cargo Ports
- By Sales Channel Line Fit, Retro Fit
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
|Forecast Years:||2022 - 2028|
|Historical Years:||2016 - 2021|
|Revenue 2021:||USD 672.1 Million|
|Revenue 2028:||USD 807.2 Million|
|Revenue CAGR (2022 - 2028):||3.1%|
|Fastest Growing Region (2022 - 2028)||Asia Pacific|
|Largest Region (2021):||North America|
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
The Global Dock Fender Market was valued USD 672.1 Million in 2021 and is anticipated to reach a value of USD 807.2 Million by 2028. The Global Market is forecasted to grow to exhibit a Compound Annual Growth Rate (CAGR) of 3.1% over the forecast period.
A boat or ship docks against a seawall, jetty, or another boat or ship; the dock fender acts as a bumper to absorb the impact's kinetic energy and protect the vessel or ship from damage. The market for dock fenders is being driven by this factor, which is causing dock fenders to be adopted. Globally, the marine sector has increased over the previous five years and is predicted to grow even more in the future, increasing demand for the dock fenders market. In addition, due to increased import-export activity that will expand the market globally, there has been an increase in demand for dock fenders.
Dock Fender Market Size, 2021 To 2028 (USD Million)
Dock fenders are becoming more popular among commercial and leisure boats, generating a sizable market for dock fender manufacturers. In addition, there is an increasing need for dock fenders due to the number of vessels and ships being built. During the forecast period, a similar trend is anticipated, and it is expected to drive the dock fenders market. However, The Global Dock Fenders Market Study is a comprehensive study of the dock fenders market with an emphasis on analyzing global market trends.
Detailed marketing strategies by type, application, and geography are included in the study to give readers an understanding of the dock fenders market. Throughout the projected period, the market for dock fenders is anticipated to expand rapidly. The research discusses significant trends and opportunities in the dock fenders market and offers vital information on the market status of the leading industry players.
The Dock Fender Market is categorized based on the segments Product, End-Use, Sales Channel, and Region. Based on the Product segment, the market is sub-segmented as Extruded Fender, Moulded Fender, Foam-Filled Fender, Pneumatic & Hydro-Pneumatic Fender, and Composites Fender. Furthermore, based on the End Use segment, the market is further sub-segmented into Naval Ports, Container Ports, Oil & Gas Ports, and Cargo Ports. Finally, based on the Sales Channel segment, the market is sub-segmented into Line Fit and Retro Fit.
Below tree is interactive. You can click the nodes to get more information.
Based on Product Type:
Based on the Product Type, the Extruded Fender sub-segment is a system that typically absorbs a minimal quantity of energy. As a result, they are frequently employed at the elevation of fender pile systems' wale. They have additionally been used as separating energy absorbers, rub strips, and festoon fenders. Extruded Fenders are components that are often produced in longer lengths. The features are lengthened after production. These fender components are primarily utilized as energy absorption elements at the wale, rub strips on marine structures, and fenders for small ships. Besides, the Moulded fenders are often mounted to a navigational structure's vertical face. Ships with similar sizes and hull curvatures can be berthed using these systems. As a result, commercial ports are where you'll typically find them. Elements produced by the molding process include molded fenders. Usually, the metal plates are cast into the molds and implanted. For medium to large flat-sided boats, the fender parts are commonly utilized as fenders. The components come in three configurations: energy-absorbing elements at the wale, stand-alone fenders, and combinations of fenders and a face panel. They consist of the shear fenders, which deflect parallel to the attachment plane to absorb energy.
Asia Pacific is projected to Grow at the Fastest CAGR during the Forecast Period
Asia Pacific is accounted to grow at the fastest Compound Annual Growth Rate (CAGR) during the forecast period. The market for maritime fenders once belonged mainly to the Asia Pacific region. Nearly one-fourth of the marine fender market in the Asia Pacific is in China. China is regarded as the world's top exporter and handles the most cargo through seaports, primarily due to the country's thriving manufacturing and agricultural sectors. Additionally, a sizable presence of Chinese marine fender suppliers and manufacturers is anticipated to dominate the industry in the area. In the meantime, China is rapidly urbanizing and industrializing. The western parts of China are experiencing rapid development, driving up the demand for goods for international shipping.
The key players in the Global Dock Fender Market include- Dock Fender International Inc., Trelleborg AB, Goodyear Tire & Rubber Company, ShibataFender Team Group, Qingdao Tiandun Rubber Co. Ltd., Prosertek Group S.L., Bridgestone Corporation, Urethane Products Corporation, FenderTec, MAX GROUPS MARINE CORPORATION., Malcorp, Yokohama Rubber Company, Technix Rubber & Plastics Ltd, Fender Dock Construction, Schuyler Companies, and others.
Segmentation of the Global Dock Fender Market:
Regions & Countries Covered
Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST
analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market
attractiveness analysis by segments and North America, company market share analysis, and COVID-19
Frequently Asked Question
The global Dock Fender valued at USD 672.1 Million in 2020 and is expected to reach USD 807.2 Million in 2028 growing at a CAGR of 3.1%.
The prominent players in the market are Dock Fender International Inc., Trelleborg AB, Goodyear Tire & Rubber Company, ShibataFender Team Group, Qingdao Tiandun Rubber Co. Ltd., Prosertek Group S.L., Bridgestone Corporation, Urethane Products Corporation, FenderTec, MAX GROUPS MARINE CORPORATION., Malcorp, Yokohama Rubber Company, Technix Rubber & Plastics Ltd, Fender Dock Construction, Schuyler Companies.
The market is project to grow at a CAGR of 3.1% between 2021 and 2028.
The driving factors of the Dock Fender include
- Rise in Crude Oil Transportation Fueling Demand for Robust Mounting Structures
North America was the leading regional segment of the Dock Fender in 2020.