Stratview Research has published a new report on the FLOATING DOCKS Market, segmented by Aircraft Type (Commercial Aircraft, Regional Aircraft, Military Aircraft, and General Aviation), by Fiber Type (Carbon Fiber Composites and Glass Fiber Composites), by Resin Type (Epoxy Composite and Other Composites). This report provides critical insights on the market dynamics and enables strategic decision making for the existing and new market players
Floating docks market is likely to witness an impressive CAGR of 6.8% during the forecast period. The growing demand for floating docks is mainly due to the enhancement of appearance of internal and external walls, fire-resistant properties, and their high durability with easy maintenance.
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This report studies the FLOATING DOCKS market and has segmented the market in a few ways, keeping in mind the concentration of all the stakeholders across the value chain. Following are the ways in which the market has been segmented in the report:
By Coating Type
Based on the coating type, the market is segmented as PE and PVDF. The PVDF segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. It helps to protect the exposed part of building or other applications from external weather conditions and retains its gloss and color for long time.
By Property Type
Based on the property type, the market is segmented as fire-resistant, antibacterial, and anti-static. The fire-resistant segment is expected to remain dominant during the forecast period owing to people shifting their preferences to build fire proof buildings.
By Application Type
Based on the application type, the floating docks market is segmented as building & construction, advertising, and transportation. The building & construction segment leads the market owing to rise in population and increasing spending power of people, which is giving rise to construction of new houses in the urban and sub-urban areas, globally. Further, rise in the construction of non-residential buildings and institutes is also a major reason for dominance of this segment.
By Composition Type
Based on the composition type, the market is segmented as surface coating, core material, metal skin, and rear skin. The core material segment is expected to remain the most dominant as well as the fastest-growing segment during the forecast period due to its excellent fire-resistant property, for which it is highly preferred in the building & construction application.
In terms of regions, Asia-Pacific is estimated to be the largest as well as the fastest-growing floating docks market during the forecast period, with China, Japan, India, and Australia being the major countries offering promising growth opportunities. The growth of the region’s market is attributed to the increasing per capita income of the emerging economies, extensive growth of the construction industry in the region, and presence of a large number of floating dock manufacturers. Further, the floating docks market is mainly driven by increase in population and rise in construction of residential and non-residential buildings.
Following are the key players in the Floating Docks Market
- Yaret Industrial Group
- 3A Composites
- Alubond U.S.A.
- Alumax Industrial
- Shanghai Huayuan New Composite Materials
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