Surety Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027
The Global Surety Market is expected to grow to US$ 28.77 billion by 2027 from US$ 15.33 billion in 2018, it is expected to grow at a CAGR of 6%from 2021 to 2027.
The global warranty market results in a fragmented global market with a significant number of market players operating within it. However, the insurance market includes several prominent market players such as Travelers Indemnity Company, Liberty Mutual Insurance Company, The Hartford, Chubb and CNA Financial Corporation, and has a significant customer base and strong market position. At present, the global guarantee market is dominated by developed countries such as North America and Europe, and occupies more than 75% of the global guarantee market.
Market Segments
Surety Market – by Bond Type
- Contract Surety Bond
- Commercial Surety Bond
- Court Surety Bond
- Fidelity Surety Bond
Key Players
Top Market Players: American Financial Group, Inc., AmTrust Financial Services, Inc., Chubb Limited, CNA Financial Corporation, Crum & Forster, Hartford Financial Services Group, Inc., HCC Insurance Holdings, IFIC Surety Group, Liberty Mutual Insurance Company, The Travelers Indemnity Company
Scope of the Report
The research study analyzes the global Surety industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Surety Market Report
1. What was the Surety Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Surety Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Surety Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report will be delivered within 48-72 hours after payment confirmation