What is Global Pneumatic Fenders Market?
The Global Pneumatic Fenders Market is a specialized sector within the maritime industry that focuses on the production and distribution of pneumatic fenders. These are inflatable devices used to prevent damage to boats, ships, and dock structures in the maritime industry. They act as a protective barrier between the vessel and the docking structure, absorbing the kinetic energy of a boat or ship as it comes into contact with a dock or another vessel. The market for these products is global, with demand driven by the need for safe and efficient docking procedures in ports and harbors worldwide. The market's value was estimated at US$ 23 million in 2022, and it is projected to reach US$ 27 million by 2029. This represents a compound annual growth rate (CAGR) of 2.4% during the forecast period from 2023 to 2029.
Rubber Mat-wire Net, Tire-Chain Net, Fiber Net, Others in the Global Pneumatic Fenders Market:
The Global Pneumatic Fenders Market is segmented based on the type of net used in the fenders. These include Rubber Mat-wire Net, Tire-Chain Net, Fiber Net, and others. Each type of net has its unique properties and applications. Rubber Mat-wire Net is known for its durability and resistance to wear and tear. Tire-Chain Net, on the other hand, is favored for its flexibility and strength. Fiber Net is lightweight and easy to handle, making it suitable for smaller vessels. Other types of nets are also available to cater to specific needs within the maritime industry. The choice of net type depends on various factors such as the size of the vessel, the docking conditions, and the specific requirements of the docking procedure.
In Ports with Extreme Tidal Variations, Ship-to-Ship Lightering Operations, Oil & Gas (Typically FSRU), Temporary Berthing, Others in the Global Pneumatic Fenders Market:
The Global Pneumatic Fenders Market finds its applications in various areas within the maritime industry. These include Ports with Extreme Tidal Variations, Ship-to-Ship Lightering Operations, Oil & Gas (Typically FSRU), Temporary Berthing, and others. In Ports with Extreme Tidal Variations, the fenders are used to accommodate the changes in water level and prevent damage to the vessels and the docking structures. In Ship-to-Ship Lightering Operations, the fenders facilitate the safe transfer of cargo between vessels. In the Oil & Gas industry, particularly in Floating Storage and Regasification Units (FSRU), the fenders are used to ensure the safe docking of vessels carrying volatile cargo. Temporary Berthing refers to the temporary docking of vessels, where the fenders are used to prevent damage during the docking and undocking procedures. Other applications of pneumatic fenders include their use in naval operations, offshore structures, and other specialized maritime operations.
Global Pneumatic Fenders Market Outlook:
The future outlook for the Global Pneumatic Fenders Market is positive, with steady growth anticipated in the coming years. The market was valued at US$ 23 million in 2022, and it is expected to reach US$ 27 million by 2029. This represents a compound annual growth rate (CAGR) of 2.4% during the forecast period from 2023 to 2029. The market is dominated by the industry giant Trelleborg, which holds a 17% market share. Other key players in the market include Yokohama and Palfinger. The growth of the market is driven by the increasing demand for safe and efficient docking procedures in the maritime industry. The market's growth is also supported by technological advancements in the design and manufacturing of pneumatic fenders.
| Report Metric | Details |
| Report Name | Pneumatic Fenders Market |
| Accounted market size in 2023 | US$ 23 million |
| Forecasted market size in 2030 | US$ 27 million |
| CAGR | 2.4% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Trelleborg, Yokohama, Palfinger, ShibataFenderTeam, Sumitomo Rubber, Anchor Marine, Shandong Nanhai Airbag, JIER Marine, Evergreen, Qingdao Tiandun, Hiview Marine Supplies, Jiangyin Hengsheng |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
