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Marine Fender Market To Reach A Value Of ~US$ 880 Million By 2027

Transparency Market Research has published a new report on the global  marine fender market  for the forecast period of  2019–2027 . According to the report, the global marine fender market is projected to reach a value of  ~US$ 880 Mn by 2027 , expanding at a CAGR of  ~3%  during the forecast period. Global Marine Fender Market: Key Findings According to the report, the global marine fender market is likely to be driven by the expansion of international trade and increasing port terminals in major developing nations. Stringency of regulatory norms for seaborne trade is one of the prominent factors responsible for the expansion of the global marine fender market. Rubber fenders are key fender types, and this segment is likely to hold a noteworthy share of the global marine fenders market during the forecast period. However, there has been a rise in the popularity of foam and pneumatic fenders in the market.   Planning To Lay ...