UK ‘key player’ in European dredging


The UK is a key player in the European dredging market, with a 21% revenue share in 2020

ncreasing demand from sectors such as oil, mining, and energy infrastructure is expected to drive growth in the coming years as is an escalating need for land reclamation owing to population growth.

Fact.MR estimates the global dredging market was worth US$15.7 billion in 2022, and is anticipated to reach US$21.4 billion by 2032, marking a steady growth with annual growth of 3.3% over the decade from 2022 to 2032.

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