Marine Anchor Chain Market 2025-2029
The marine anchor chain market is forecasted to grow by USD 505.5 mn during 2024-2029, accelerating at a CAGR of 4.4% during the forecast period. The report on the marine anchor chain market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in contracts for marine ships, increase in global trade, and rising investments in port infrastructure.
Technavio's marine anchor chain market is segmented as below:
By Type
- Stud link anchor chain
- Non-stud link anchor chain
By Product
- Commercial shipping
- Offshore oil and gas
- Naval and military
- Others
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
This study identifies the development of new offshore wind farms as one of the prime reasons driving the marine anchor chain market growth during the next few years. Also, rising popularity of floating structures and integration of digital tools for inventory management and tracking of anchor chains will lead to sizable demand in the market.
The report on the marine anchor chain market covers the following areas:
- Marine Anchor Chain Market sizing
- Marine Anchor Chain Market forecast
- Marine Anchor Chain Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading marine anchor chain market vendors that include Calvey Marine Limited, China Deyuan Marine Fitting Co.ltd., China Shipping Anchor Chain Jiangsu Co.Ltd, Chongqing Acir Marine Co. Ltd., Chongqing Hi Sea Marine Equipment Import and Export Co Ltd, Damen Shipyards Group, Dawson Group Ltd., Fuente International Co Ltd, Jiangsu Asian Star Anchor Chain Co Ltd, Jimmy Green Marine, JinTan Lead Marine Equipment Co.Ltd., Ketten Walder GmbH, Lister Chain and Forge Inc, Marit, Qingdao Anchor Chain Co. Ltd., Qingdao Wancheng Anchor Chain Co Ltd, Saxton Marine, VICINAY Group, Zhenjiang Matchau Marine Equipment Co Ltd, and Zhuhai Weitong Import and Export Co. Ltd. Also, the marine anchor chain market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.