First, as far as the global offshore fender industry is concerned, the largest share of output value is led by several giants. In 2017, Trelleborg, which had 11.42% of the market share, was the leader in the marine protection board industry, followed by Bridgestone and Sumitomo Rubber.
Secondly, in the European and American markets, M&A is the mainstream, which is an indicator of the maturity of the regional market. The Asian market is led by Japanese manufacturers, plus the main shipbuilding industries of Japan, South Korea and China. However, from Japan to Indonesia and other Southeast Asian countries such as China, the industrial transfer is obvious.
Third, at sea fender The global consumption value of products increased from 835.4 million dollars in 2011 to 926.84 million dollars in 2017. The main reasons for this growth are the booming shipping market, deep-sea oil and gas exploration and port infrastructure investment.
Fourth, in the past decade, China's offshore fender industry has developed rapidly, and port infrastructure, shipbuilding industry and high-end import and export business have developed rapidly. Mature rubber related industries, complete supply chains and huge consumer markets are all factors that witness this development.