“The growing demand from applications such as engines, HVAC and generators & pumps and rise in disposable income from emerging economies is set to drive the shipbuilding anti-vibration market.”
The global shipbuilding 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 escalating demand from tourism, e-commerce trade and shipbuilding industry in emerging economies are the drivers for the market. Rising demand for anti-vibration products in engine, HVAC and genrerators & pumps in emerging economies is also driving the shipbuilding anti-vibration market.
Elastomer accounted for the largest share amongst materials in the shipbuilding anti-vibration market
Elastomers are polyme
↧