$1253 million in shipbuilding anti-vibration market revenue by 2027, growing at a CAGR of 5.5%

According to a market research report, the “Shipbuilding Anti-Vibration Market by Material, Product Type (Mounts, Bearing Pads, Bellows, Washers), Function Type (Engine Vibration, HVAC Vibration, Gernerators & Pumps), Application and Region – Global Forecast to 2027” The global shipbuilding anti-vibration market size is projected to reach USD 1253 million by 2027 from USD 958 million in 2022, at a CAGR of 5.5% during the forecast period. The growing demand for shipbuilding anti-vibration from marine industry, as well as rising disposable income in emerging economies are the major drivers for the market. Intensifying need for mounts and others anti-vibration products from various shipbuilding application such as propulsion engine, HVAC, and compressors is also driving the shipbuilding anti-vibration market. Increase in activities such as ship repair & maintenance and shipbuilding in some economies such as India, China, South Korea etc. expected to provide huge opportunities for the growth of shipbuilding anti-vibration market.

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This report also provides a comprehensive analysis of the companies listed below:

The key players in the shipbuilding anti-vibration market include Trelleborg(Sweden), Parker LORD (US), Hutchinson Paulstra (France), GMT Rubber-Metal-Technic Ltd. (UK), Continental (Germany), AMC Mecanocaucho (Spain), Getzner Werkestoffe GmbH (Austria), Vibracoustics Ltd. (UK), Angst+Pfiser (Switzerland), and Bridgestone Industrial (Japan).

Merger & acquisitions, investments & expansions, partnerships & collaborations, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the Shipbuilding Anti-Vibration Market.

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Trelleborg was the largest player in the shipbuilding anti-vibration market in 2021. The company provides has a wide product portfolio of anti-vibration for marine application. It has a presence in over 150 countries with more than 100 production units with 29 R&D centers. The company emphasis on R&D and has adopted merger & acquisitions, new product launch, and agreement & collaboration as it’s business strategy to strengthen its leading position in the shipbuilding anti-vibration market. In March 2016, Trelleborg acquired Loggers Rubbertechniek B.V. (Netherlands) that provides specially engineered anti-vibration solutions for marine applications.