Report Code: A14587 | Pages: NA | Apr 2023 | 1283 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Marine Fender Market
Request Now !Marine fenders are essential components of maritime infrastructure serving to protect ships and berth structures from damage. The marine fenders are primarily intended to protect the port and vessels from collision with other vessels. These are utilized to avoid damage during the docking process between  the marine vessels and the docking structure The emergence of pneumatic marine fenders has proven to be the ideal alternative for traditional marine fenders in the recent years because of their low maintenance and low cost which will directly contribute to the growth of the global marine fenders market during the forecast period.
COVID-19 Impact Analysis
The COVID-19 pandemic has had three major effects on various markets: immediately decreasing production and demand, disrupting the supply chain and, and having a financial impact on firms and employees, and the global maritime fenders (Marine Fender) market is not an exception. The global impact of the coronavirus disease is huge and has severely affected the marine fender market in 2020. The dominant g players of the global Maritime Fenders (Marine Fender) market; however, are resolute to adopt new strategies and look for new financing resources to overcome the rise in barriers in the market growth.
Top Impacting Factors
Market TrendsÂ
Metal – Skinning Energy Absorbers, Alternative to Elastic Marine Fenders
Marine fenders incorporating elastic components are often used to protect berthing structures. Â One of the primary reasons of unplanned downtime of berthing facilities has been the failure of elastic marine fenders Manufacturers in the marine fender market are innovating on the performance of novel materials that are likely to affect energy absorption and subsequent berthing forces as well as developing technologies to make fenders cost-effective and environmentally sustainable. Metal-skinning energy absorbers, a backup system for conventional elastic fenders, is one such development that is expected to exhibit rapid expansion soon. Metal-skinning energy absorbers protect berthing structures while also providing economic advantages to manufacturers by reducing unplanned downtime caused by elastic marine fenders. Increased research and development are being conducted to integrate metal skinning mechanisms that are compatible with the various sizes of vessels and the skinning depth of the systems. Furthermore, increased focus on sustainable aspects such as component re-use and recycling has emerged as a cost-effective alternative for manufacturers, which is the driving force behind this development. Metal-skinning is the future of the marine fenders market and is expected to drive the global marine fenders market during the forecast period.
Key Benefits of the Report:
Questions Answered in the Marine Fender Market Research Report:
Marine Fender Market Report Highlights
Aspects | Details |
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By Ownership |
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By Manufacturing Process |
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By Fender |
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By Region |
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Key Market Players | ANCHOR MARINE & SUPPLY, INC, Bridgestone Corporation, INMARE, J.C. MacElroy Company, Inc, Lalizas Italia s.r.l., MARINE FENDERS INTERNATIONAL, INC, Trelleborg Marine Systems, SHIBATA INDUSTRIAL CO., LTD, THE YOKOHAMA RUBBER CO., LTD, Sumitomo Rubber Industries, Ltd., Urethane Products Corporation. |
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