Market Overview:
The global hatch covers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the hatch covers market can be attributed to the increasing demand for bulk and OBO vessels across the globe. Hatch covers are used on ships for various purposes such as loading and unloading cargo, ventilation, and access to different parts of the ship. The global hatch covers market is segmented on the basis of type, application, and region. On the basis of type, it is divided into folding type, multi folding type, single panel pivoting type, piggy back type pantoon type.
Product Definition:
Hatch covers are the roof-like structures that cover the entrances to cargo holds on ships. They are typically made of steel or aluminum and can be opened to allow access to the cargo hold, or closed in inclement weather. Hatch covers are important for protecting cargo from the elements and from theft.
Folding Type:
Folding type is a hatch cover that can be closed over the front of a car. It has several advantages over traditional covers such as it protects the interior of the vehicle, provides additional headroom and also helps to keep out rain and dust. The folding type was first manufactured in Germany by Hanomag where they were known as “Flügels” which means butterfly in English.
Multi Folding Type:
Multi folding type hatch covers are made up of high-quality fabric and have a magnetic closure. These products are designed in such a way that they can be easily converted from closed to open position with the help of one hand. The product is available with different sizes, shapes, and colors to meet the specific requirements of customers.
Application Insights:
The bulk vessels application segment led the market and accounted for more than 60.0% share of the global revenue in 2017. The segment is likely to witness significant growth over the forecast period on account of increasing demand from end-use industries including food processing, chemical, paper & pulp and mining among others.
Hatch covers are widely used in bulk vessels as they provide an effective seal against leakage due to vacuum conditions inside the vessel resulting from low atmospheric pressure at its interior location. In addition, these products assist in reducing heat loss caused by radiation through conduction and convection radiation which further enhances their demand during transportation or storage of liquid chemicals or hazardous materials within a warehouse or a port facility where high safety requirements are expected to be adhered upon by shippers and receivers involved in such activities respectively.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing bulk carrier traffic in Asian countries such as China, India, and Japan. Moreover, rising investments by governments for developing ports are anticipated to drive the demand for these vessels further. For instance, In July 2018, Indian government announced about development of 100 smart cities across India with an investment worth USD X trillion over a period of five years from 2019-2022 which includes development of roads & infrastructure facilities along with residential complexes and commercial buildings on proper land parcels identified through proper planning at municipal level within each city limits.
The North America regional market is also likely to witness significant growth owing high maritime trade activities carried out across U.S., Canada & Mexico border areas as well as between U.S.
Growth Factors:
- Increasing demand for hatch covers from the automotive industry as a result of increasing production of passenger cars and commercial vehicles.
- Growing popularity of hatchbacks as a preferred mode of transportation, which is expected to drive the demand for hatch covers in the coming years.
- Rising awareness about the benefits offered by hatch covers, such as improved fuel efficiency and reduced CO2 emissions, is likely to boost their adoption in the near future.
- Technological advancements in Hatch Covers design and manufacturing are projected to create new growth opportunities for this market in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hatch Covers Market Research Report
By Type
Folding Type, Multi Folding Type, Single Panel Pivoting Type, Piggy Back Type, Pantoon Type
By Application
Bulk Vessels, OBO Vessels, Other
By Companies
Wabtec Corporation, Halliday Products, Palm Equipment, Neenah Foundry, Oceansouth, Oru Kayak, MacGregor, TTS, SMS, Iknow Machinery, GURDESAN
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Hatch Covers Market Report Segments:
The global Hatch Covers market is segmented on the basis of:
Types
Folding Type, Multi Folding Type, Single Panel Pivoting Type, Piggy Back Type, Pantoon Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Bulk Vessels, OBO Vessels, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Wabtec Corporation
- Halliday Products
- Palm Equipment
- Neenah Foundry
- Oceansouth
- Oru Kayak
- MacGregor
- TTS
- SMS
- Iknow Machinery
- GURDESAN
Highlights of The Hatch Covers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Folding Type
- Multi Folding Type
- Single Panel Pivoting Type
- Piggy Back Type
- Pantoon Type
- By Application:
- Bulk Vessels
- OBO Vessels
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hatch Covers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hatch covers are a type of car cover that protect your vehicle from the elements. They are made from a waterproof material and fit over your car's hatch. Hatch covers can be used in cold weather or during rainstorms to keep your car dry and protected.
Some of the major players in the hatch covers market are Wabtec Corporation, Halliday Products, Palm Equipment, Neenah Foundry, Oceansouth, Oru Kayak, MacGregor, TTS, SMS, Iknow Machinery, GURDESAN.
The hatch covers market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hatch Covers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hatch Covers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hatch Covers Market - Supply Chain
4.5. Global Hatch Covers Market Forecast
4.5.1. Hatch Covers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hatch Covers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hatch Covers Market Absolute $ Opportunity
5. Global Hatch Covers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hatch Covers Market Size and Volume Forecast by Type
5.3.1. Folding Type
5.3.2. Multi Folding Type
5.3.3. Single Panel Pivoting Type
5.3.4. Piggy Back Type
5.3.5. Pantoon Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hatch Covers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hatch Covers Market Size and Volume Forecast by Application
6.3.1. Bulk Vessels
6.3.2. OBO Vessels
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hatch Covers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hatch Covers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hatch Covers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hatch Covers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hatch Covers Demand Share Forecast, 2019-2029
9. North America Hatch Covers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hatch Covers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hatch Covers Market Size and Volume Forecast by Application
9.4.1. Bulk Vessels
9.4.2. OBO Vessels
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hatch Covers Market Size and Volume Forecast by Type
9.7.1. Folding Type
9.7.2. Multi Folding Type
9.7.3. Single Panel Pivoting Type
9.7.4. Piggy Back Type
9.7.5. Pantoon Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hatch Covers Demand Share Forecast, 2019-2029
10. Latin America Hatch Covers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hatch Covers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hatch Covers Market Size and Volume Forecast by Application
10.4.1. Bulk Vessels
10.4.2. OBO Vessels
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hatch Covers Market Size and Volume Forecast by Type
10.7.1. Folding Type
10.7.2. Multi Folding Type
10.7.3. Single Panel Pivoting Type
10.7.4. Piggy Back Type
10.7.5. Pantoon Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hatch Covers Demand Share Forecast, 2019-2029
11. Europe Hatch Covers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hatch Covers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hatch Covers Market Size and Volume Forecast by Application
11.4.1. Bulk Vessels
11.4.2. OBO Vessels
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hatch Covers Market Size and Volume Forecast by Type
11.7.1. Folding Type
11.7.2. Multi Folding Type
11.7.3. Single Panel Pivoting Type
11.7.4. Piggy Back Type
11.7.5. Pantoon Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hatch Covers Demand Share, 2019-2029
12. Asia Pacific Hatch Covers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hatch Covers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hatch Covers Market Size and Volume Forecast by Application
12.4.1. Bulk Vessels
12.4.2. OBO Vessels
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hatch Covers Market Size and Volume Forecast by Type
12.7.1. Folding Type
12.7.2. Multi Folding Type
12.7.3. Single Panel Pivoting Type
12.7.4. Piggy Back Type
12.7.5. Pantoon Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hatch Covers Demand Share, 2019-2029
13. Middle East & Africa Hatch Covers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hatch Covers Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hatch Covers Market Size and Volume Forecast by Application
13.4.1. Bulk Vessels
13.4.2. OBO Vessels
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hatch Covers Market Size and Volume Forecast by Type
13.7.1. Folding Type
13.7.2. Multi Folding Type
13.7.3. Single Panel Pivoting Type
13.7.4. Piggy Back Type
13.7.5. Pantoon Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hatch Covers Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Hatch Covers Market: Market Share Analysis
14.2. Hatch Covers Distributors and Customers
14.3. Hatch Covers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Wabtec Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Halliday Products
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Palm Equipment
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Neenah Foundry
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Oceansouth
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Oru Kayak
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. MacGregor
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. TTS
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. SMS
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Iknow Machinery
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. GURDESAN
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook