#Global Maritime Fenders (Marine Fender) Industry
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Analyzing Global Trends and Growth Opportunities in the Fender Rope Market: A Comprehensive Market Research Study
Rope Manufacturing is Estimated to Witness High Growth Owing to Technological Innovations in Material Sciences The fender rope market provides ropes used in ports to protect ships, boats and other watercraft from damage during docking and undocking. Fender ropes come in a variety of sizes and strengths depending on vessel size and dock conditions. Their high elongation properties enable them to cushion and absorb impact energy. The global fender rope market is valued at US$ 679.4 million in 2024 and is expected to exhibit a CAGR of 4.7% over the 2023-2030 forecast period. Key Takeaways Key players operating in the fender rope market are Samson Rope Technologies, Inc., Novabraid, New England Ropes, TEUFELBERGER Fiber Rope Corporation, Marlow Ropes Ltd., Langman Ropes, Southern Ropes, Lankhorst Ropes,Yale Cordage, Inc., FSE Robline, Gleistein Ropes, Hampidjan Group, English Braids Ltd., Gottifredi Maffioli, Liros GmbH. The key players are focusing on adopting advanced technologies to develop ropes with enhanced strength, abrasion resistance and durability. The rising maritime trade globally is expected to drive demand for new ports and expansion of existing ports creating opportunities for fender rope manufacturers. Furthermore, ongoing research and development of ultra-high molecular weight polyethylene and para-aramid materials for ropes is expected to bring stronger and longer lasting fender ropes. Market Drivers The increasing cruise industry and marine cargo transportation are the key factors driving the growth of the global fender rope market. As per industry estimates, over 27 million passengers traveled on cruise ships in 2018. This rapid growth of the cruise industry is resulting in more ships requiring fender rope protection at various ports globally. Furthermore, the expansion of existing ports and construction of new ports especially in developing countries will also boost market growth over the forecast period.Current Challenges in Fender Rope Market The fender rope market is facing various challenges such as volatile prices of raw materials. Raw materials used in the manufacturing of fender ropes such as polyester, nylon, polyethylene, and polypropylene are crude oil based products. Fluctuations in crude oil prices affect the prices of these raw materials. This increases the manufacturing cost for fender rope producers. Additionally, the availability of low quality synthetic rope substitutes at lower prices is reducing the sales of premium fender ropes. Counterfeiting is another challenge where unauthorized entities manufacture and sell low quality imitation fender ropes. These low quality products negatively impact the brand image of top players in the market. Strict maritime regulations regarding safety and performance standards also pose compliance challenges for fender rope makers. SWOT Analysis Strength: Fender ropes have high tensile strength and resistance to damage from impact, abrasion, chemicals and corrosion. They offer long durability in harsh maritime operating conditions. Weakness: Dependency on crude oil prices makes the raw material costs volatile. Substitutes offering similar functionality at lower prices will affect sales. Opportunity: Growth in international seaborne trade and port traffic is driving demand for modernized port infrastructure. This provides scope to supply specialized high performance fender ropes. Threats: Stringent compliance requirements for maritime safety raises compliance costs. Counterfeiting by unauthorized manufacturers also threatens brand value and revenue.
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Driving Change: The Impact of Rubber Products on Transportation
The evolution of transportation has been a cornerstone of human progress, shaping societies, economies, and lifestyles. While innovations like the steam engine, internal combustion engine, and electric propulsion have garnered much attention, the role of seemingly mundane components like Transportation industry rubber products is often overlooked. Rubber, derived from the latex of various plants, has become an indispensable material in the automotive, aerospace, maritime, and railway industries. This article explores the multifaceted impact of rubber products on transportation, delving into their historical significance, technological advancements, environmental considerations, and future prospects.
Historical Perspective: Rubber's Journey in Transportation
The use of rubber in transportation dates back centuries, with indigenous South American civilizations employing it for various purposes, from waterproofing to creating rudimentary balls for games. However, it was the arrival of rubber in Europe in the 18th century that marked a significant turning point. Charles Goodyear's discovery of vulcanization in the 19th century, a process that strengthens and stabilizes rubber, paved the way for its widespread application in transportation.
Automobile Industry: From Horseless Carriages to Modern Vehicles
Rubber tires revolutionized the automobile industry, enabling the smooth transition from horse-drawn carriages to motorized vehicles. The advent of the pneumatic tire, a rubber tire filled with air, not only improved ride comfort but also enhanced vehicle performance. This innovation significantly contributed to the popularization of automobiles, making them more accessible and practical for everyday use.
Aviation: Rubber in the Skies
In aviation, rubber products play a critical role in ensuring the safety and efficiency of aircraft. Aircraft tires, composed of specialized rubber compounds, endure extreme conditions during takeoff and landing. Moreover, rubber is used in various components, such as seals, gaskets, and insulation, contributing to the reliability and functionality of modern aircraft. The use of rubber in aviation has not only enhanced safety but also facilitated the growth of air travel as a global mode of transportation.
Maritime and Rail: Rubber's Silent Contribution
Rubber products silently contribute to maritime and railway transportation, ensuring the smooth operation of vessels and trains. Seals, gaskets, and vibration-dampening components made from rubber improve the durability and efficiency of marine and rail systems. The maritime industry, in particular, relies on rubber for essential components such as fenders and hoses, which protect vessels during docking and facilitate the transfer of fluids.
Technological Advancements: Pushing the Boundaries
The integration of rubber products into transportation has seen continuous technological advancements, driven by the pursuit of improved performance, durability, and sustainability.
High-Performance Tires: Balancing Safety and Efficiency
Modern tire technology goes beyond basic rubber compounds, incorporating advanced materials and design principles. High-performance tires feature innovative tread patterns, reinforced sidewalls, and specialized rubber blends that optimize grip, handling, and fuel efficiency. Run-flat tires, capable of maintaining functionality even after a puncture, represent a notable advancement in automotive safety, reducing the risk of accidents resulting from sudden tire failures.
Silicone and Elastomers: Expanding Applications
Beyond traditional rubber, silicone and elastomers have gained prominence in transportation applications. Silicone-based products exhibit exceptional heat resistance, making them suitable for high-temperature environments in engines and exhaust systems. Elastomers, with their elastic properties, find applications in shock absorbers, suspension systems, and other components where flexibility and resilience are crucial.
Green Initiatives: Sustainable Rubber Solutions
The environmental impact of rubber production and disposal has prompted the development of sustainable alternatives. Researchers are exploring eco-friendly rubber formulations, recycling methods, and even plant-based alternatives to mitigate the ecological footprint of transportation-related rubber products. Sustainable practices in rubber production not only address environmental concerns but also align with the growing demand for eco-conscious solutions in the transportation industry.
Environmental Considerations: Balancing Progress and Responsibility
While rubber products have undeniably transformed transportation, their widespread use raises environmental concerns related to resource extraction, production processes, and end-of-life disposal.
Rubber Plantations: Environmental Impact and Alternatives
The cultivation of rubber trees for latex extraction has led to deforestation in some regions, contributing to habitat loss and biodiversity decline. Efforts to address this issue include sustainable rubber farming practices, agroforestry initiatives, and the exploration of alternative rubber sources, such as guayule and Russian dandelion. These endeavors seek to balance the demand for rubber with responsible environmental stewardship.
Recycling Challenges: Tackling End-of-Life Issues
The disposal of rubber products, particularly tires, poses a significant environmental challenge. Traditional tire disposal methods, such as landfilling and incineration, can lead to pollution and resource wastage. Recycling technologies, including tire shredding, pyrolysis, and devulcanization, aim to address these challenges by repurposing rubber materials for use in various industries. However, the scalability and efficiency of these methods remain areas of ongoing research and development.
Future Prospects: Innovations Shaping Tomorrow's Transportation
As transportation continues to evolve, so too will the role of rubber products. Emerging technologies and innovative materials are poised to shape the future of transportation in ways that are both efficient and sustainable.
Smart Tires and Connectivity
The integration of smart technologies into tires represents a promising avenue for enhancing vehicle safety and performance. Smart tires equipped with sensors can monitor tire pressure, temperature, and tread wear in real-time, providing drivers with crucial information for optimal vehicle maintenance. Additionally, connectivity features enable communication between vehicles and infrastructure, paving the way for improved traffic management and enhanced overall transportation efficiency.
Biodegradable and Recyclable Rubbers
Researchers are exploring the development of biodegradable and recyclable rubber alternatives to address environmental concerns. Biodegradable rubbers break down naturally, reducing the long-term impact on ecosystems. Simultaneously, recyclable rubber formulations aim to create a closed-loop system, minimizing waste and promoting circular economy principles in transportation.
Advanced Materials for Space Exploration
The application of rubber and rubber-like materials extends beyond Earth, with ongoing research into their use in space exploration. Robotic missions, spacecraft, and space habitats may benefit from the unique properties of rubber in extreme conditions, such as temperature variations and radiation exposure. Innovations in space transportation could further leverage rubber products for enhanced functionality and safety.
Conclusion
Rubber products have played a transformative role in shaping the landscape of transportation, from the advent of automobiles to the complexities of modern aerospace and maritime industries. As we celebrate the achievements facilitated by rubber, it is imperative to acknowledge and address the environmental challenges associated with their production and disposal. The future of transportation lies in a delicate balance between technological innovation, sustainability, and responsible resource management. By embracing eco-friendly alternatives, advancing recycling technologies, and fostering sustainable practices, the impact of rubber products on transportation can continue to drive positive change without compromising the well-being of our planet.
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Fender Rope Market Odyssey: Discovering Unparalleled Ropes for Vessel Guardianship
The Fender Rope Market is estimated to be valued at US$ 679.4 Mn in 2023 and is expected to exhibit a CAGR of 4.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview: Fender ropes are an important part of docking activities and are used to absorb the impact of boats when docking at ports. They come in different sizes and strengths based on vessel size. These ropes provide cushioning between boats and docks preventing damages to boats. They offer safety, durability, and elasticity. Market key trends: The rapidly growing maritime industry around the world is driving the demand for fender ropes significantly. Marine transportation plays a vital role in global trade. With rising seaborne trade volumes owing to increasing industrial and construction activities, demand for fender ropes is expected to rise remarkably over the forecast period. Additionally, growing maritime tourism is also augmenting the market growth. Recreational boating activities have witnessed an upsurge in recent years. Fender ropes ensure safety of recreational boats during docking. Further, development of stronger and more durable fender ropes using advanced fibers will favor the market expansion through 2030. Porter’s Analysis Threat of new entrants: The threat of new entrants is moderate as the fender rope market is consolidated with few large players. However, the capital requirement for manufacturing fender ropes and establish distribution network acts as a barrier for new players. Bargaining power of buyers: The bargaining power of buyers is high due to the availability of substitutes like fiber and polyester ropes. Buyers can switch to substitute products based on the pricing offered by established players. Bargaining power of suppliers: The bargaining power of raw material suppliers is moderate as there are few substitute raw materials available for manufacturing fender ropes such as nylon, polyester and polypropylene. Threat of new substitutes: The threat of substitutes is high as other synthetic ropes like nylon, polyester ropes can be used as substitutes for fender ropes. Competitive rivalry: High due to presence of numerous global and regional players. SWOT Analysis Strengths: Robust demand from shipping and port industries. Durable and flexible material properties of fender ropes make them ideal for ship berthing operations. Weaknesses: Fluctuating raw material prices affecting costs. Dependence on import of raw materials in some regions. Opportunities: Growth in global maritime trade and port infrastructure investment in developing regions. Development of specialized fender ropes for heavy load applications and offshore industries. Threats: Stringent regulations regarding material disposal amid high volatility in crude oil prices impacting polypropylene raw material costs. Increased competition from synthetic rope substitutes. Key Takeaways The global fender rope market size is expected to grow at a CAGR of 4.7% during 2023-2030, driven by growing maritime trade and investments in port infrastructure development across major economies.
Regional analysis: Asia Pacific is expected to retain its dominance in the global fender rope market over 2023-2030. This can be attributed to rapid growth of international seaborne trade, increasing energy needs, and investments in port and vessel construction in China, India, South Korea, and Japan. In Asia Pacific, the Chinese fender rope market accounted forlargest share of over 15% of the global market in 2023. Key players operating in the fender rope market are Samson Rope Technologies, Inc., Novabraid, New England Ropes, TEUFELBERGER Fiber Rope Corporation, Marlow Ropes Ltd., Langman Ropes, Southern Ropes, Lankhorst R
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Rubber Fender With Gangway Enhancing Port Infrastructure
The marine industry plays a crucial role in facilitating global trade and transportation. Ports serve as vital gateways for goods and people, making efficient and safe port operations essential. To ensure the smooth and secure handling of vessels, rubber fenders with gangways have emerged as indispensable components of modern port infrastructure. This article explores the significance of these innovative solutions, examining their benefits and applications in enhancing port facilities and ensuring maritime safety.
Rubber Fender:
Rubber fenders are flexible, resilient devices installed along the quays and docks to absorb kinetic energy and protect both vessels and the port structure during berthing and mooring operations. These fenders act as a barrier between the vessel and the port, mitigating impact forces and reducing potential damages to both entities.
Types of Rubber Fenders
Various types of rubber fenders are available, each catering to specific requirements and vessel types. Some common types include:
a. Arch Fenders: Designed to absorb high energy and accommodate large vessels, arch fenders are widely used in heavy-duty applications.
b. Cell Fenders: With a robust structure, cell fenders provide high energy absorption and are suitable for various vessel types.
c. Cone Fenders: Ideal for berths with limited space, cone fenders possess an efficient geometry that ensures even energy distribution during berthing.
d. D-Type Fenders: These fenders are often utilized on smaller berths and jetties to protect smaller vessels from moderate impacts.
The Advantages of Rubber Fenders
Rubber fenders offer several advantages over traditional fender materials like timber or steel:
a. High Energy Absorption: Rubber's inherent elasticity allows fenders to efficiently absorb and dissipate kinetic energy, reducing the impact on both vessels and the port infrastructure.
b. Low Reaction Force: Rubber fenders provide a more gradual reaction force, minimizing the stress on the vessel's hull and reducing the risk of damage.
c. Durability and Resilience: Rubber fenders are highly durable and resistant to environmental factors such as UV radiation, saltwater, and extreme weather conditions.
d. Maintenance and Cost-Effectiveness: Compared to other materials, rubber fenders require less maintenance, resulting in reduced operational costs over their lifetime.
Integrating Gangways with Rubber Fenders
Gangways are essential walkways that connect the shore and the vessel, enabling safe embarkation and disembarkation of passengers and crew. Integrating gangways with rubber fenders further enhances port safety and efficiency.
a. Enhanced Safety: The combination of rubber fenders and gangways provides a secure path for personnel to access the vessel, reducing the risk of slips, trips, and falls.
b. Easy Berthing: Gangways allow efficient and convenient boarding, which is especially critical for time-sensitive operations, such as passenger ferries and cruise ships.
c. Customization Options: Gangways can be designed to suit specific vessel heights and tidal variations, ensuring a seamless connection at all times.
Applications of Rubber Fenders with Gangways
a. Commercial Ports: Rubber fenders with gangways are widely used in commercial ports worldwide, where the safe and rapid handling of various vessel types is essential.
b. Passenger Terminals: In passenger terminals, these solutions enhance the boarding process for cruise ships, ferries, and other passenger vessels, prioritizing passenger safety and comfort.
c. Offshore Platforms: Offshore installations benefit from the use of rubber fenders with gangways, facilitating crew transfer and supply operations in rough sea conditions.
Rubber fenders with gangways are vital components in modern port infrastructure, ensuring the safety of vessels, passengers, and crew during berthing and mooring operations. Their superior energy absorption, low reaction forces, and durability make them an ideal choice for various port facilities. As the marine industry continues to grow, the integration of innovative solutions like rubber fenders with gangways will play an increasingly significant role in optimizing port efficiency and safety worldwide.
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Landscape Of The Global Marine Fenders Market Outlook: Ken Research The marine fenders are the marine equipment’s particularly designed for the purpose of communicating protection to the port and the vessels against the collision with the other vessels.
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Watercraft Accessories Market Future Trends, Industry Size and Forecast to 2032
The global watercraft accessories market is projected to grow from US$ 6,901.1 Mn in 2021 to US$ 12,382.9 Mn by 2032, with sales growth at a healthy CAGR of 6% throughout the forecast period. Rising demand for watercraft accessories from diverse end use sectors including military & defense, amusement parks, coastal tourism & shipping company, and cargo logistics is a key factor driving growth in the global market.
Watercraft accessories consist of products such as life vests, tow ropes, boat dock line, boat fenders, etc., widely used by professionals and hobbyists for fishing and water sport activities. These accessories play a key role in improving the safety of watercraft passengers during water transportation and other recreational activities.
As recreational boating and water sports become more popular, demand for watercraft accessories is projected to grow at a healthy pace during the forecast period.
Similarly, rapid expansion of tourism industry, introduction of new government regulations, and increasing water parks will have a positive impact on the watercraft accessories market.
Furthermore, increased freight logistics in several geographic regions and growing usage of watercraft in logistics are likely to create lucrative opportunities for watercraft accessories manufacturers in coming years.
Key Takeaways from Market Study
Based on type, the life vest segment is projected to grow at a CAGR of 5% during the forecast period.
By sales channel, the online sales channel segment is projected to create an absolute $ opportunity of US$ 2,996.9 Mn between 2022 and 2032.
Based on end use, coastal tourism & shipping company segment is projected to hold around 27% of the market share in 2022.
TheS. watercraft accessories market is expected to exceed revenues worth US$ 1,802.7 Mn by the end of 2032.
Watercraft accessories market in India is likely to grow at a robust pace of around 2% CAGR during the forecast period.
Demand for watercraft accessories in China is estimated to grow at a value CAGR of 8% between 2022 and 2032.
“Rise in coastal tourism industry and increase in maritime trade activities will continue to provide a strong impetus to the growth of the watercraft accessories market,” says a Future Market Insights analyst.
Market Landscape
Among the industry's key players are Yamaha Motor Corporation, WireC, Bombardier Recreational Products Inc., IRM Offshore and Marine Engineers Private Limited., Covercraft Industries, LLC, BEXCO NV, Kawasaki Motors Corp., AXIOM CORDAGES LIMITED, Samson Rope Technologies, TEUFELBERGER, DAN-FENDER, Garware Technical Fibres Ltd., EVOLUTION TRADING (SHANGHAI) CO.LTD, SHEICO Group, ABSOLUTE OUTDOOR, INC. and others.
These key manufacturers are focusing on increasing their regional market share and are involved in making their direct presence in the local markets by expanding their dealer network. They are collaborating with local distributors to supply their products globally.
Key Segments Covered In Watercraft Accessories Market Analysis
By Type:
Life Vest
Tow Ropes
Boat Dock Line & Storage
Boat Fenders
Boat Cover
Others
By End Use:
Military & Defence
Amusement Parks
Professional & Hobbyist
Coastal Tourism & Shipping Company
Offshore Vessel
Cargo Logistics
By Sales Channel:
Multi Brand Store
Speciality Store
By Region:
North America
Latin America
Europe
East Asia
South Asia and Pacific
Middle East & Africa
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Future Market Insights, in its new offering, provides an unbiased analysis of the global watercraft accessories market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on the global watercraft accessories market based on type, end use, sales channel, and region.
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The Automotive and Transportation division of FMI provides exclusive coverage and actionable insights about automotive and transportation industry encompassing automotive, aviation, shipping and marine, and railway sectors. Market findings and competition intelligence of OEM, aftermarket, services and technology landscape have helped numerous industry stakeholders’ right from automakers, component manufacturers, channel partners and service providers in taking informed decisions and keeping them up-to-date with market behaviour.
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Global Rubber Marine Fenders Market Key Reasons For The Present Growth Trends With Detailed Forecast To 2021-2027
Global Rubber Marine Fenders Market size was valued at US$ XX Bn. in 2019 and the total revenue is expected to grow at 4.8 % through 2020 to 2026, reaching nearly US$ XX Bn.
Rubber Marine Fenders Market Overview:
Global Rubber Marine Fenders Market 2021 by Manufacturers, Regions, Type and Application, Forecast to 2027, published by Maximize Market Research, is the culmination of thorough primary and secondary research. The study completely examines analysed insights in light of the market, as well as its ever-changing trends, industry environment, and all of the market's leading elements. This research approach was used to investigate the global Rubber Marine Fenders market, and the results were logically presented in this report.
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Market Scope:
Global Rubber Marine Fenders Market 2021 research report 2027 includes crucial statistics and analytical insights to provide a comprehensive understanding of the market size, share, growth, trend, demand, top player and industry profile, opportunities, value cycle, end-users, technology, types, and application. The research will also include accessible opportunities in micro markets for stakeholders to invest, as well as a full analysis of the competitive landscape and significant competitors' product offers.
The qualitative and quantitative data in the Rubber Marine Fenders market report can assist decision-makers in determining which market segments, regions, and variables driving the market are likely to develop at higher rates, as well as major opportunity areas. The research also highlights the competitive landscape of leading industry players as well as upcoming market trends.
PESTEL Analysis:
Maximize Market Research's reports include a PESTEL analysis to assist you in developing your business strategy. Taxation, environmental laws, and tariffs are all political considerations that help governments evaluate how much influence they have over the Rubber Marine Fenders market. Interest rates, exchange rates, inflation, wage rates, and minimum wages are all economic elements that can help you assess the determinants of economic performance that affect the Rubber Marine Fenders market. Environmental considerations and their impact on the market are aided by legal concerns.
Segmentation:
Type by type, A rise in anxiety about damage has resulted in a 5% increase in demand for Cone-Shaped Rubber Marine Fenders by small commercial vessels, according to research. Demand for Supercell, D-shaped, and w-shaped Rubber Marine Fenders has increased by 3% as a result of increased global trade. The sale of square-shaped, arch, parallel, and cylindrical Rubber Marine Fenders has increased by 4.3 percent due to an increase in the transportation of liquid materials such as oil and chemicals by sea.
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Key Players:
• Trelleborg AB • Bridgestone Corporation • Sumitomo Rubber Industries Ltd. • Maritime International Ltd. • Yokohama Rubber Company • Hutchinson SA • Longwood Elastomers Inc. • Noreq AS • Anchor Marine & Supply Inc. • Qingdai JIER Engineering Rubber Co., Ltd. • Yantai Taihong Rubber Co., Ltd. • Tonly Electronics Holding Ltd. • Qingdao Tiandun Rubber Co., Ltd. • Evergreen Group • Jiangsu Shelter Rubber Co., Ltd. • Zhaoyuan Talent Plastic Chemical Co., Ltd.
The competitive landscape is a critical aspect every key player needs to be familiar with. The report throws light on the competitive scenario of the global Rubber Marine Fenders market to know the competition at both the domestic and global levels. The key aspects such as areas of operation, production, and product portfolio. Additionally, companies in the report are studied based on key factors such as company size, market share, market growth, revenue, production volume, and profits.
In additional Rubber Marine Fenders Market Share analysis of players, in-depth profiling, product/service and business overview, the study also concentrates on BCG matrix, heat map analysis, Competitive Benchmarking along with SWOT analysis to better correlate market competitiveness.
Regional Analysis:
Geographically, this report is segmented into several key countries, with market size, growth rate, import and export of Rubber Marine Fenders market in these countries, which covering North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.
COVID-19 Impact Analysis on Rubber Marine Fenders Market:
The report has identified detailed impact of COVID-19 on Rubber Marine Fenders market in regions such as North America, Asia Pacific, Middle-East, Europe, and South America. The report provides Comprehensive analysis on alternatives, difficult conditions, and difficult scenarios of Rubber Marine Fenders market during this crisis. The report briefly elaborates the advantages as well as the difficulties in terms of finance and market growth attained during the COVID-19. In addition, report offers a set of concepts, which is expected to aid readers in deciding and planning a strategy for their business.
Key Questions answered in the Rubber Marine Fenders Market Report are:
Which product segment grabbed the largest share in the Rubber Marine Fenders market?
How is the competitive scenario of the Rubber Marine Fenders market?
Which are the key factors aiding the Rubber Marine Fenders market growth?
Which region holds the maximum share in the Rubber Marine Fenders market?
What will be the CAGR of the Rubber Marine Fenders market during the forecast period?
Which application segment emerged as the leading segment in the Rubber Marine Fenders market?
Which are the prominent players in the Rubber Marine Fenders market?
What key trends are likely to emerge in the Rubber Marine Fenders market in the coming years?
What will be the Rubber Marine Fenders market size by 2027?
Which company held the largest share in the Rubber Marine Fenders market?
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Marine Fender Market 2021 Global Analysis, Opportunities, Growth Forecast To 2027
Manufacturers Scaling-up to Deliver High-grade Marine Fenders
Pneumatic fenders are emerging as low-cost and low-maintenance alternatives to conventional marine fenders. Their self-floating and long-lasting durability is gaining prominence in ship-to-ship (STS) transfers and ship-to-berthing (STB) operations. As such, manufacturers in the marine fender market are striving to develop technologies that support its easy-to-deploy and efficacious energy-absorption attributes.
The global marine fender market is estimated to grow from ~US$ 670 million in 2018 to ~US$ 880 million by 2027. Due to the high demand for minimum test and inspection procedures, manufacturers in the marine fender market are innovating on pneumatic fenders that solve the challenging issue of crude oil transfer between vessels. To avoid oil spill accidents, manufacturers in the marine fender market are developing robust fenders that meet the newly-introduced global safety standards.
Newly-developed pneumatic fenders aid in the double/triple banking of large-project cargoes. The new trend of renting pneumatic fenders serves as a cost-efficient alternative for stakeholders in maritime transport, as these fenders are only deployed when required, unlike rubber fenders that are already installed.
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New Developments Provide Economic Advantages to Manufacturers
Many developments in the marine fender market are contributing towards market growth. For instance, the development of synthetic rubber and its blend with natural rubber facilitate a better ratio between high energy absorption and reaction force. Manufacturers in the marine fender market are innovating on the performance of new materials that are likely to influence energy absorption and subsequent berthing forces. Also, increased focus on sustainable aspects such as re-use and recycling of components has emerged as a cost-effective option for manufacturers.
Other developments in the marine fender market, such as metal-skinning energy absorbers, act as a backup system for marine fenders. These new absorbers are an effective alternative to conventional elastic fenders. Metal-skinning energy absorbers protect berthing structures and provide economic advantages to manufacturers by reducing unplanned downtime that were earlier caused by elastic marine fenders. Increased research and development is being done to implement metal skinning mechanisms according to the various sizes of vessels and according to the skinning depth of the systems.
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Review Assessments and Patenting Technology Revive Market Growth
Marine fenders play an important role in maritime infrastructure to protect ships and berth structures from damage. However, industry experts opine that, there is a growing need for extensive review of newly-developed fenders according to the new materials and technologies available in the market. The competitive landscape of the marine fender market is moderately fragmented. However, the expected moderate CAGR of ~3% can be of great concern to existing and emerging market players in the landscape.
New marine fenders are not completely obsolete, but do need improvements, as the data used for the design of these fenders is relatively outdated. That is why, existing and emerging manufacturers should focus on gathering more information related to the durability and sustainability, and run routine lifecycle assessments. Another aspect that could be a reason for the moderate growth rate of the marine fender market could be the loss of confidence from dockyards and ports, as many unscrupulous suppliers provide inferior-quality fenders in the name of established manufacturers. As such, manufacturers are overcoming this challenge by filing patents for their technology and systems.
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Global Marine Fender Market: Key Insights
The global marine fender market is anticipated to expand at a CAGR of ~3% between 2019 and 2027, to reach a valuation of ~US$ 880 Mn by the year 2027.
In terms of fender, the rubber fender segment holds a prominent share of the global marine fender market, and is likely to gain share, owing to the high life expectancy of rubber fenders and availability of raw materials in adequate amount.
Based on component, the others segment held the largest share of the global marine fender market in 2018, as the segment comprises evaluation for the fender body and adjacent components such as chains and anchors.
On the basis of end use, the dockyard segment is anticipated expand significantly during the forecast period, owing to rise in investments for the expansion of port terminals to handle large amount of cargo at terminals.
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Maritime Fenders (Marine Fender) -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2025
Maritime Fenders (Marine Fender) Industry
Description
Wiseguyreports.Com Adds “Maritime Fenders (Marine Fender) -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2023��� To Its Research Database
This report studies the global Maritime Fenders (Marine Fender) market status and forecast, categorizes the global Maritime Fenders (Marine Fender) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).
Marine fenders are used between marine vessels and docking structures to prevent damage during berthing.
As for the global Marine Fender industry, the most production value share is led by several giants. The giant Trelleborg, which has 11.43% market share in 2016, is the leader in the Marine Fender industry, followed by Bridgestone and Sumitomo Rubber.
In America and Europe market, mergers and acquisitions is the mainstream, which is an indicator for the maturity of this regional market. Asia market is led by Japanese manufacturers, along with the main ship building industry in Japan, Korea and China, however, industry transfer is obvious from Japan to China and other southeast countries, like Indonesia.
China Marine Fender industry has developed quickly in the past ten years, along with port infrastructure, ship building industry and high level import & export activities. Matured rubber related industry, a complete supply chain and huge consumption market, are all factors that witnessed this development.
Natural rubber price is at rather low level currently and is forecasted to be unsustainable. Players in this industry should pay attention to the price fluctuation and try to enhance market position before the raw material price rise again.
Although sales of Marine Fender products bring a lot of opportunities, the study group recommends the new entrants who just have money but without technical advantage, raw materials advantage and downstream support, do not enter into the Marine Fender field hastily. The global Maritime Fenders (Marine Fender) market is valued at 840 million US$ in 2017 and will reach 1020 million US$ by the end of 2025, growing at a CAGR of 2.4% during 2018-2025.
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The major manufacturers covered in this report
Trelleborg Bridgestone Sumitomo Rubber Maritime International Yokohama Hutchinson IRM Longwood Noreq Anchor Marine JIER Marine Taihong Tonly Qingdao Tiandun Evergreen Jiangsu Shelter Zhaoyuan Talent Plastic Jiangyin Hengsheng
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering North America Europe China Japan Southeast Asia India Other Regions (India, Southeast Asia, Central & South America and Middle East & Africa)
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into Solid Rubber Fenders Pneumatic Fenders Foam Fenders
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including Ports and Docks on Quay Walls and Other Berthing Structures. Tugs, Barges, Ferries and Similar Hard Working Vessels Others
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Table of Contents
Global Maritime Fenders (Marine Fender) Market Research Report 2018 1 Maritime Fenders (Marine Fender) Market Overview 1.1 Product Overview and Scope of Maritime Fenders (Marine Fender) 1.2 Maritime Fenders (Marine Fender) Segment by Type (Product Category) 1.2.1 Global Maritime Fenders (Marine Fender) Production and CAGR (%) Comparison by Type (Product Category)(2013-2025) 1.2.2 Global Maritime Fenders (Marine Fender) Production Market Share by Type (Product Category) in 2017 1.2.3 Solid Rubber Fenders 1.2.4 Pneumatic Fenders 1.2.5 Foam Fenders 1.3 Global Maritime Fenders (Marine Fender) Segment by Application 1.3.1 Maritime Fenders (Marine Fender) Consumption (Sales) Comparison by Application (2013-2025) 1.3.2 Ports and Docks on Quay Walls and Other Berthing Structures. 1.3.3 Tugs, Barges, Ferries and Similar Hard Working Vessels 1.3.4 Others 1.4 Global Maritime Fenders (Marine Fender) Market by Region (2013-2025) 1.4.1 Global Maritime Fenders (Marine Fender) Market Size (Value) and CAGR (%) Comparison by Region (2013-2025) 1.4.2 Status and Prospect (2013-2025) 1.4.3 25 Status and Prospect (2013-2025) 1.4.4 North America Status and Prospect (2013-2025) 1.4.5 Europe Status and Prospect (2013-2025) 1.4.6 China Status and Prospect (2013-2025) 1.4.7 Japan Status and Prospect (2013-2025) 1.5 Global Market Size (Value) of Maritime Fenders (Marine Fender) (2013-2025) 1.5.1 Global Maritime Fenders (Marine Fender) Revenue Status and Outlook (2013-2025) 1.5.2 Global Maritime Fenders (Marine Fender) Capacity, Production Status and Outlook (2013-2025)
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7 Global Maritime Fenders (Marine Fender) Manufacturers Profiles/Analysis 7.1 Trelleborg 7.1.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors 7.1.2 Maritime Fenders (Marine Fender) Product Category, Application and Specification 7.1.2.1 Product A 7.1.2.2 Product B 7.1.3 Trelleborg Maritime Fenders (Marine Fender) Capacity, Production, Revenue, Price and Gross Margin (2013-2018) 7.1.4 Main Business/Business Overview 7.2 Bridgestone 7.2.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors 7.2.2 Maritime Fenders (Marine Fender) Product Category, Application and Specification 7.2.2.1 Product A 7.2.2.2 Product B 7.2.3 Bridgestone Maritime Fenders (Marine Fender) Capacity, Production, Revenue, Price and Gross Margin (2013-2018) 7.2.4 Main Business/Business Overview 7.3 Sumitomo Rubber 7.3.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors 7.3.2 Maritime Fenders (Marine Fender) Product Category, Application and Specification 7.3.2.1 Product A 7.3.2.2 Product B 7.3.3 Sumitomo Rubber Maritime Fenders (Marine Fender) Capacity, Production, Revenue, Price and Gross Margin (2013-2018) 7.3.4 Main Business/Business Overview 7.4 Maritime International 7.4.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors 7.4.2 Maritime Fenders (Marine Fender) Product Category, Application and Specification 7.4.2.1 Product A 7.4.2.2 Product B 7.4.3 Maritime International Maritime Fenders (Marine Fender) Capacity, Production, Revenue, Price and Gross Margin (2013-2018) 7.4.4 Main Business/Business Overview 7.5 Yokohama 7.5.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors 7.5.2 Maritime Fenders (Marine Fender) Product Category, Application and Specification 7.5.2.1 Product A 7.5.2.2 Product B 7.5.3 Yokohama Maritime Fenders (Marine Fender) Capacity, Production, Revenue, Price and Gross Margin (2015-2018) 7.5.4 Main Business/Business Overview 7.6 Hutchinson 7.6.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors 7.6.2 Maritime Fenders (Marine Fender) Product Category, Application and Specification 7.6.2.1 Product A 7.6.2.2 Product B 7.6.3 Hutchinson Maritime Fenders (Marine Fender) Capacity, Production, Revenue, Price and Gross Margin (2013-2018) 7.6.4 Main Business/Business Overview 7.7 IRM 7.7.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors 7.7.2 Maritime Fenders (Marine Fender) Product Category, Application and Specification 7.7.2.1 Product A 7.7.2.2 Product B 7.7.3 IRM Maritime Fenders (Marine Fender) Capacity, Production, Revenue, Price and Gross Margin (2013-2018) 7.7.4 Main Business/Business Overview 7.8 Longwood 7.8.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors 7.8.2 Maritime Fenders (Marine Fender) Product Category, Application and Specification 7.8.2.1 Product A 7.8.2.2 Product B 7.8.3 Longwood Maritime Fenders (Marine Fender) Capacity, Production, Revenue, Price and Gross Margin (2013-2018) 7.8.4 Main Business/Business Overview 7.9 Noreq 7.9.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors 7.9.2 Maritime Fenders (Marine Fender) Product Category, Application and Specification 7.9.2.1 Product A 7.9.2.2 Product B 7.9.3 Noreq Maritime Fenders (Marine Fender) Capacity, Production, Revenue, Price and Gross Margin (2013-2020) 7.9.4 Main Business/Business Overview 7.10 Anchor Marine 7.10.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors 7.10.2 Maritime Fenders (Marine Fender) Product Category, Application and Specification 7.10.2.1 Product A 7.10.2.2 Product B 7.10.3 Anchor Marine Maritime Fenders (Marine Fender) Capacity, Production, Revenue, Price and Gross Margin (2013-2020) 7.10.4 Main Business/Business Overview 7.11 JIER Marine 7.12 Taihong 7.13 Tonly 7.14 Qingdao Tiandun 7.15 Evergreen 7.16 Jiangsu Shelter 7.17 Zhaoyuan Talent Plastic 7.18 Jiangyin Hengsheng
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Maritime Fenders Market ReportOn a global scale, the Maritime Fenders market is currently showing significant development. The Maritime Fenders market is experiencing a growth velocity due to the new product prototype versions, world market dynamics, topological variations, economic statistics, product demands and sales that is taking place in the present day. The innovative methods and market study have helped many of the major players , Trelleborg, Bridgestone, Maritime International, Yokohama, Hutchinson, IRM, Longwood, Noreq, Anchor Marine, Sumitomo Rubber, JIER Marine, Taihong, Tonly, Qingdao Tiandun, Evergreen, Jiangsu Shelter, Zhaoyuan Talent Plastic, Jiangyin Hengsheng to carve a name for them in the competitive market. The plethora of Maritime Fenders market analysis has helped detailed out each and every detail in a summary format for all the clients.Get 15 minutes of free Consultation and Get a quick, sample report today @https://www.promarketstatistics.com/sample-report/world-Maritime-Fenders-market-research-by-icrworldThe informative report mentions every bifurcation of the product types, end-users, regions, market segmentation, and more in depth knowledge. The geographical segmentation clearly helps to understand the development and growth of the Maritime Fenders market in various regions. The given Maritime Fenders market report provides customers with current and forecast trends.Why Purchase this Report:Analyzing the market outlook with the recent trends and SWOT analysisMaritime Fenders Market dynamics scenario with market growth opportunities in the futureMarket segmentation analysis including qualitative and quantitative research incorporating the economic and non-economic impactworld and country level market analysis integrating the demand and sales that are influencing the market growthMarket value and volume data for each segment and sub-segmentCompetitive landscape involving the market share of major players, along with strategies adopted by market players in the past five yearsComprehensive company profiles covering the product offerings, recent developments, key financial information, SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis, and strategies employed by major companies.Inquiry to get customization on report @https://www.promarketstatistics.com/check-discount/world-Maritime-Fenders-market-research-by-icrworldThe key insights of the report:The report provides key market statistics on the market status of the Maritime Fenders manufacturers and is an important source of guidance and direction for individuals and companies interested in the industry.The report provides industry overview including its definition, applications and manufacturing technology.The report presents the company profile, product specifications, production value, capacity, and 2013-2019 market shares for key market players.The total Maritime Fenders market report is further divided by company, by application, by type and by country for the competitive landscape analysis.The report estimates 2019-2024 market development trends of Maritime Fenders industry.Analysis of upstream raw materials, current market dynamics and downstream demandThe report makes some important proposals for a new project of Maritime Fenders Industry before evaluating its feasibility.Want more information? Talk to an expert now [email protected]
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Floating Foam Fenders Market Evolving Technology, Trends and Industry Analysis and Growth to 2023
The Global Floating Foam Fenders Market Report 2019 offers a profound analysis of the Floating Foam Fenders trade. It demonstrates a quick overview of trade knowledge and terminology of the market. The report highlights well-known performers from the global And Floating Foam Fenders along with their contribution to the marketplace to see their progress at intervals the calculable time. The global Floating Foam Fenders investigation report covers recent improvements whereas forecasting the expansion of most players along with their market shares. Floating Foam Fenders report provides featured analysis that will drive your business to the next level. It overviews including growth factors, market demand, current trends, and forecast research by expert studies. This report estimate upcoming challenges and offers a real solution to the Floating Foam Fenders. Click here for sample report@ https://www.acquiremarketresearch.com/sample-request/197159/ Following are some of the various segmentation of the market available in the Floating Foam Fenders Market report: Leading players in the market: Fendercare Marine, Irmome, Trelleborg, Bencros, RG Seasight Fenders, Yokohama, Urethane Products Corporation (UPC), ISCA (International Seal Company Australia), Pacific MarineIndustrial, Eurotech Benelux, OCEAN 3, Resinex, Floating Fender Company, OU TAI Sponge Enterprise, Evergreen Maritime, Hi-Tech Elastonmers, Qingdao Zhengyu Maritime Co., Ltd. Differentiation of the market based on types of product: Polyurethane Type, Polyethylee Type, EVA Foam Type Differentiation of the market based on types of its application: Large Tidal Wave Docks, Gravity Ports, Open Sea Terminals Geographical Classification of the market: North America (U.S., Canada, Mexico), Europe (Germany, U.K., France, Italy, Russia, Spain, etc.), Asia-Pacific (China, India, Japan, Southeast Asia, etc.), South America (Brazil, Argentina, etc.), Middle East & Africa (Saudi Arabia, South Africa, etc.) Click here to get discount@ https://www.acquiremarketresearch.com/discount-request/197159/ Our report will address client queries: 1. What is the market share of each region and top countries present in these regions? 2. Which countries will depict the highest growth potential in the coming years? 3. At which rate the Floating Foam Fenders market is growing globally and what are the future trends of this industry? 4. Which are top product types and applications holding good potential and growth opportunities? 5. Which are top Floating Foam Fenders industry players and who is their market competitors? 6. Which are market drivers and constraints at present and during the forecast period? 7. Which are the traders, dealers, and distributors operating in Floating Foam Fenders Industry? The report on the keyword market is based on a detailed evaluation of the market, with the inclusion of comprehensive primary and secondary research. A Detailed assessment of the keyword market in terms of competitive scenario is supported by individual-level analysis of various aspects related to the market. For more details click here@ https://www.acquiremarketresearch.com/enquire-before/197159/ About Us: Acquire Market Research is part of the Acquire Market Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Contact Us at: 555 Madison Avenue, 5th Floor, Manhattan, New York, 10022 USA Phone No.: +1 (800) 663-5579
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Global Maritime Patrol Naval Vessels (OPV) Market 2019 | Manufacturers In-Depth Analysis Report to 2024
The latest trending report Global Maritime Patrol Naval Vessels (OPV) Market 2019-2024 added by DecisionDatabases.com
The maritime naval force of a country's defense sector commands and controls waterborne vessels that are deployed for surface water or underwater warfare. Such vessels are used to secure the ocean waters surrounding a country's land from external interference. Ocean waters provide access to aquatic food and marine trade routes. They also hold access to resources like sea floor earth materials and underwater oil wells. Naval vessels are used to protect these resources from exploitation by foreign bodies as well as the facilities dedicated to exploring these resources. A country's naval force also provides security and escort services to the commercial ships that tread through the tidal trade routes in proximity to the country's coasts.
The worldwide market for Maritime Patrol Naval Vessels(OPV) is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019. This report focuses on the Maritime Patrol Naval Vessels(OPV) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/38698-maritime-patrol-naval-vessels-opv-market-analysis-report
Market Segment by Manufacturers, this report covers
Abyss Aqua
AMI International
AMSEC
Asis Boats
Austal
Austal Fassmer Pty
BAE Systems
BCGP
Bollinger Shipyards
Brunswick Commercial & Government Products
China Shipbuilding Industry
Connor Industries
Cotecmar
Daewoo Mangalia Heavy Industries
Daewoo Shipbuilding & Marine Engineering
Damen Shipyards
FB Design
Fincantieri - Cantieri NavaliItaliani S.P.A.
Fr. Maritime Partner ASKG
Garden Reach Shipbuilders & Engineers
General Dynamics
Goa Shipyard
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Military
EEZ Protection
Search & Rescue
Market Segment by Applications, can be divided into
Dry Cargo Vessels
Tankers
Dry Bulk Carriers
Special Purpose Vessels
Others
Download Free Sample Report of Global Maritime Patrol Naval Vessels (OPV) Market @ https://www.decisiondatabases.com/contact/download-sample-38698
There are 15 Chapters to deeply display the global Maritime Patrol Naval Vessels (OPV) market.
Chapter 1, to describe Maritime Patrol Naval Vessels(OPV) product scope, market overview, market opportunities, market driving force and market risks. Chapter 2, to profile the top manufacturers of Maritime Patrol Naval Vessels(OPV), with price, sales, revenue and global market share of Maritime Patrol Naval Vessels(OPV) in 2017 and 2018. Chapter 3, the Maritime Patrol Naval Vessels(OPV) competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast. Chapter 4, the Maritime Patrol Naval Vessels(OPV) breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019. Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019. Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019. Chapter 12, Maritime Patrol Naval Vessels(OPV) market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024. Chapter 13, 14 and 15, to describe Maritime Patrol Naval Vessels(OPV) sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Purchase the complete Global Maritime Patrol Naval Vessels (OPV) Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-38698
Other Reports by DecisionDatabases.com:
Global Maritime Information Market 2018 by Manufacturers, Countries, Type and Application, Forecast to 2023
Global Maritime Fenders (Marine Fender) Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024
Global Maritime Safety Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023
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#Maritime Patrol Naval Vessels (OPV) Market#Maritime Patrol Naval Vessels (OPV) Market Report#Maritime Patrol Naval Vessels (OPV) Industry Report#Maritime Patrol Naval Vessels (OPV) Market Analysis#Maritime Patrol Naval Vessels (OPV) Market Growth#Maritime Patrol Naval Vessels (OPV) Market Trends#Maritime Patrol Naval Vessels (OPV) Market Outlook#Global Maritime Patrol Naval Vessels (OPV) Industry Report
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Global oil spill management market is projected to reach USD 114,441.1 million by 2020
Global Oil Spill Management Market: Snapshot
Oil spill management mainly entails the utilization of technologies to prevent oil spills, devising appropriate clean-up strategies post spilling, and implementing techniques to minimize waste and devastating ecological effect of the spilt oil. The oil spill management market is mainly driven by the need for managing operational oil spills from sectors such as exploration and production, refining and marketing, and chemical. World over, these sectors have been involved in a variety of pipeline transportation and seaborne of crude oil and chemicals. This has mandated the need for oil spill management technologies and methods.
In recent years, hefty penalty borne by prominent oil companies for the devastating effect they caused to the ecology and economy due to operational oil spills has boosted the demand for proper oil spill management mechanism. Constant advancement in technologies for pre-oil spill and post-oil management teams is expected to boost the market.
The global oil spill management market is projected to rise at a CAGR of 2.80% from 2014 to 2020. Growing at this pace, the opportunities in the market is expected to reach US$114.4 bn by the end of the forecast period.
Growing Use of Double-Hulled Ships and Blowout Preventers in Managing Pre-Oil Spills
On the basis of product type, the market is segmented into offshore and onshore. Based on technology, the market is segmented into post-oil and pre-oil spill management scenarios. The pre-oil spill management is further segmented into double hulling, pipeline leak detection, and blowout preventers (BOPs). The post-oil spill management segment is further divided into physical, mechanical, and chemical and biological methods.
The continued rise in oil drilling activities, especially onshore, has bolstered the uptake of pressure control equipment such as blowout preventers and technologies such as pipeline leak detection. Stringent regulations imposed by governments of several nations to prevent accidental and operational oil spills have stimulated oil companies to strictly follow preventive measures.
The International Maritime Organization (IMO), primarily involved with regulating shipping, imposes stringent regulations, such as the mandatory use of double-hulled ships for newly built oil tankers, in order to minimize marine pollution. This has accentuated the market in recent years. Furthermore, several governmental regulation in advanced nations such as the U.S. has made double-hulled ships compulsory for all new ships with oil tankers. In addition, mounting concerns arising due to the leaks in oil and gas pipelines has propelled the demand for pipeline leak detection systems among operators.
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Asia Pacific to Provide Lucrative Growth Avenues for Market Players
Based on geography, the market is segmented into Asia Pacific, North America, Europe, and Rest of the World. Of these, Asia Pacific is projected to lead the market over the forecast period. The growth of the regional market is fueled by the prominent presence of big shipping companies in several Asian nations such as Japan, South Korea, and China. A number of ship building companies have witnessed substantial demand for double-hulled ships in recent years. In addition, the rapidly rising number of domestic shipbuilding and repairing activities in countries such as Thailand, Vietnam, Malaysia, the Philippines, and Indonesia is expected to boost the regional market.
Meanwhile, North America is a prominent market for oil spill management. The extensive implementation of mechanical containment in managing oil spills is anticipated to accentuate the regional market.
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The major players dominant in the market include National Oilwell Varco, Cameron International Corporation, Control Flow Inc., Northern Tanker Company Oy, Fender & Spill Response Services L.L.C., SkimOil, Inc., GE Oil & Gas, Hyundai Heavy Industries Co., Ltd., COSCO Shipyard CURA Emergency Services, Ecolab Inc., and Group Co., Ltd., among others.
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Oil Spill Management Market to Witness Exponential Growth by 2020
A new Transparency Market Research report states that the global oil spill management market stood at US$94.2 bn in 2013 and is predicted to reach US$114.4 bn by 2020. It is expected to expand at a CAGR of 2.80% from 2014 to 2020. The title of the report is “Oil Spill Management Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 - 2020”.
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https://www.transparencymarketresearch.com/oil-spill-management.html
According to the report, increasing safety concerns, coupled with the rising number of incidents of oil spills in the past few years, are predicted to boost the market for oil spill management. Furthermore, rising pipeline and seaborne transportation of chemicals and crude oil all around the world is amongst the prime factors fuelling the oil spill management market.
In addition, strict regulations made by governments around the world for using safety technologies and devices during transportation and drilling of crude oil is also a major factor stimulating the market for oil spill management. The rising offshore and pipeline tanker transportation of oil and gas is also predicted to have a positive impact on the demand for oil spill management. Additionally, the rising research and development spending by top oil spill management companies for rapid and efficient spill cleaning is predicted to lead to promising opportunities for the growth of the market in the coming years.
The continued rise in oil drilling activities, especially onshore, has bolstered the uptake of pressure control equipment such as blowout preventers and technologies such as pipeline leak detection. Stringent regulations imposed by governments of several nations to prevent accidental and operational oil spills have stimulated oil companies to strictly follow preventive measures.
The International Maritime Organization (IMO), primarily involved with regulating shipping, imposes stringent regulations, such as the mandatory use of double-hulled ships for newly built oil tankers, in order to minimize marine pollution. This has accentuated the market in recent years. Furthermore, several governmental regulation in advanced nations such as the U.S. has made double-hulled ships compulsory for all new ships with oil tankers. In addition, mounting concerns arising due to the leaks in oil and gas pipelines has propelled the demand for pipeline leak detection systems among operators.
On the basis of geography, the global oil spill management market is segmented into Europe, North America, Asia Pacific, and Rest of the World (RoW). Amongst these, North America constituted the biggest share in the market from 2000 to 2013. On the other hand, Asia Pacific is anticipated to dominate the market for pre-oil spill management in the forecast horizon. The presence of big shipping industries has raised the orders for double-hulled ships in China, Japan, and South Korea.
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The major players dominant in the market include National Oilwell Varco, Cameron International Corporation, Control Flow Inc., Northern Tanker Company Oy, Fender & Spill Response Services L.L.C., SkimOil, Inc., GE Oil & Gas, Hyundai Heavy Industries Co., Ltd., COSCO Shipyard CURA Emergency Services, Ecolab Inc., and Group Co., Ltd., among others.
For More Information :
https://www.prnewswire.com/news-releases/oil-spill-management-market-to-expand-at-28-cagr-fuelled-by-advances-in-pre--and-post-oil-spill-management-technologies-transparency-market-research-532337812.html
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Global Maritime Fenders (Marine Fender) Market Research Analysis 2018 -Trelleborg, Bridgestone, Maritime International and Sumitomo Rubber
Global Maritime Fenders (Marine Fender) Market Research Analysis 2018 -Trelleborg, Bridgestone, Maritime International and Sumitomo Rubber
Global Maritime Fenders (Marine Fender) Market 2018Research highlights the dynamics of the industry. The existing Maritime Fenders (Marine Fender) industry events and future prospects of the business with the challenges affecting growth. Market Report gives added information including sales channel, distributors, dealers and traders, sales channel, direct marketing, marketing channel Maritime…
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Global Oil Spill Management Market Is Thriving Worldwide 2014 – 2025
San Francisco, 22 Nov 2018: The global oil spill management market is expected to reach USD 177.63 billion by 2025, according to a new report by Grand View Research, Inc. Globally increasing onshore and offshore drilling activities are the major factor driving the market growth. Rising oil spill incidents from past five years along with strict environmental regulations are anticipated to remain a key factor for the global market. Moreover, increase in the marine oil & gas transportation globally is also projected to have a positive impact on market growth.
Stringent government regulations are formed particularly in the Europe and North America for installing safety devices & technologies during drilling and transportation of crude oil. This has resulted in the growth of market regions. The increase in the pipeline and tanker transportation of petroleum products is also anticipated to increase the growth for various oil spill management technologies. In addition, increasing investment in R&D activities by key market players for rapid and efficient oil-spill cleaning is anticipated to drive the market growth over the next nine years.
Skimmers post oil-spill response technique emerged as the major technology segment in the year 2015. The method involves the usage of weir skimmers, oleophilic skimmers, and non-oleophilic skimmers to clean up an oil spill. Strict oil & gas transport regulation along with rising concern regarding product losses in maritime trade is anticipated to positively impact market growth.
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Further key findings from the report suggest:
The global pre-oil spill management market was worth USD 100.66 billion in 2015. The market is expected to grow at an anticipated CAGR of 3.2% from 2016 to 2025.
Pipeline leak detection pre-oil spill technology is expected to be the fastest growing segment and is projected to grow at a CAGR of 4.1 from 2016 to 2025
Increasing environmental concern regarding oil spill impacts for instance water contamination and soil fertility is anticipated to drive various innovations to develop efficient systems and technologies that would inform exact location of pipeline leakages
Chemical recovery accounted for over 19% of the total response technology market in 2015. The method involves use of dispersing agents, and gelling agents for efficient clean up.
North America was the largest oil spill management market in 2015. It is expected to gain share on account of increasing E&P activities particularly in the deep sea.
National Oilwell Varco, Cameron International Corporation, Fender & Spill Response Services L.L.C., Ecolab Inc., SkimOil, Inc., Hyundai Heavy Industries Co., Ltd., CURA Emergency Services and COSCO Shipyard Group Co., Ltd. are the prime companies operating in the market.
Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/oil-and-gas-drilling-and-extraction-equipments
Grand View Research has segmented the global oil-spill management market on the basis of technology, response technique, application and region:
Technology Outlook (Revenue, USD Million, 2014 - 2025)
Pre-oil spill
Post-oil spill
Post-Oil Spill Management Response Technique Outlook (Revenue, USD Million, 2014 - 2025)
Mechanical containment and recovery
Chemical recovery
Biological recovery
Application Outlook (Revenue, USD Million, 2014 - 2025)
Pre-oil spill
Post-oil spill
Regional Outlook (Revenue, USD Million, 2014 - 2025)
North America
Europe
Asia Pacific
Central & South America
Middle East & Africa
Access press release of this research report by Grand View Research: www.grandviewresearch.com/press-release/global-oil-spill-management-market
About Grand View Research:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com
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