Pneumatic Fenders are an important component of the ship-to-ship (STS) operations. They are designed to absorb the impact of the two vessels coming into contact with each other during mooring operations. They are made of a flexible rubber material that is filled with compressed air and then attached to the ship’s hull.
Pneumatic fenders are used to protect the vessels from collision and damage during mooring operations, such as berthing, unberthing, and vessel-to-vessel transfers. They are also used to protect the vessels from contact with piers, walls, and quaysides.
The global pneumatic fenders market is expected to grow at a steady rate over the forecast period. The growing demand for safe STS operations and the increasing number of seaborne trade operations are the primary drivers of this growth. In addition, the increased use of pneumatic fenders in offshore operations and in the construction of new ports and terminals is driving the market.
The global Pneumatic Fenders market was valued at US$ 23 million in 2022 and is anticipated to reach US$ 27 million by 2029, witnessing a CAGR of 2.4% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Pneumatic Fenders Market available at: https://www.themarketreports.com/report/global-pneumatic-fenders-market-research-report
This report aims to provide a comprehensive presentation of the global market for Pneumatic Fenders, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Pneumatic Fenders.
As for the global Pneumatic Fender industry, the most production value share is led by several giants. The giant Trelleborg, which has 17% market share, is the leader in the Pneumatic Fender industry, followed by Yokohama and Palfinger.
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