Maritime Fenders Market: Global Outlook & Forecast 2023-2029

Maritime Fenders (Marine Fender) Market Global Outlook and Forecast 2023-2029

Marine fenders, also known as maritime fenders, are used as bumpers to prevent boats, ships, and other naval vessels from colliding with each other or against docks, wharves, and piers.

This report offers an all-inclusive overview of the international Marine Fenders market, comprising quantitative and qualitative analysis. The report aims to assist readers in devising business/growth strategies, evaluating the market’s competitive scenario, assessing their position in the current marketplace, and making informed business decisions concerning Marine Fenders. This report provides global market size and forecasts for Maritime Fenders (Marine Fender), including the following market information:

Global Maritime Fenders (Marine Fender) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Maritime Fenders (Marine Fender) Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Maritime Fenders (Marine Fender) companies in 2022 (%)

The Marine Fender market had a valuation of US$ 705 million in the year 2022. It is expected to grow at a CAGR of 3.3% during the forecast period and reach a value of US$ 887.9 million by 2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Trelleborg is the main player in the global marine fenders industry. Other major players include Bridgestone, Sumitomo Rubber, Maritime International, and Yokohama. The top three manufacturers globally hold a share of over 30%. China is the largest market, with a share of nearly 30%.

We surveyed manufacturers, suppliers, distributors, and industry experts in this industry. The survey covered sales, revenue, demand, price changes, product types, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Maritime Fenders Market by Segment:

Global Maritime Fenders (Marine Fender) Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)

Marine Fender Market Segment Percentages, by Type, 2022 (%)

Solid Rubber Fenders
Pneumatic Fenders
Foam Fenders

Global Maritime Fenders (Marine Fender) Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)

Marine Fender Market Segment Percentages, by Application, 2022 (%)

Berthing Structures
Vessels
Others

Global Maritime Fenders (Marine Fender) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)

The following text outlines the proportion of market segments for Marine Fender by region and country for 2022. The regions include North America, Europe, Asia, South America, and the Middle East & Africa.

Within North America, the market segments are divided between the United States, Canada, and Mexico.

For Europe, the market segments include Germany, France, the United Kingdom, Italy, Russia, the Nordic Countries, the Benelux, and the Rest of Europe.

The Asian market segment comprises China, Japan, South Korea, Southeast Asia, India, and other parts of Asia.

The South American market is divided between Brazil, Argentina, and the Rest of South America.

Middle East & Africa’s market segment comprises Saudi Arabia, Turkey, Israel, the United Arab Emirates, and the remaining countries in the Middle East & Africa region. Finally, the market above segment includes the regions mentioned above.

Competitor Analysis

The report also provides an analysis of leading market participants, including:

Key companies Maritime Fenders (Marine Fender) revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Maritime Fenders (Marine Fender) revenues share in the global market, 2022 (%)
Key companies Maritime Fenders (Marine Fender) sales in the global market, 2018-2023 (Estimated), (K MT)
Key companies Marine Fenders sales share in the global market, 2022 (%)