Asia-Pacific dredging hose market is estimated to grow at a CAGR of nearly 3.7% during the forecast period. Rising development of port infrastructure and significant focus on riverbed dredging are some key factors contributing to the market growth in the region. Rising seaborne trade has led the demand for port maintenance and development in the region. China is the leader in the global exports and therefore, seven out of the top ten busiest ports are in China, as per the World Shipping Council. Further, in India, the government initiatives including the National Perspective Plan for Sagarmala are encouraging ports development in the country.
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Emerging economies including Bangladesh are also focusing on investment in port infrastructure. For instance, in February 2020, the Bangladesh government prepared a master plan to dredge 10,000 km of rivers to increase navigability and ensure better water transportation. Nearly 178 rivers will be dredged over the next five years. This leads to increasing demand for dredging equipment including hoses for suction and discharge applications and is suited in most demanding applications.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Asia-Pacific Dredging Hose Market by Type
- Floating Dredge Hose
- Non-Floating Dredge Hose
Regional Analysis
- China
- India
- Japan
- Rest of Asia-Pacific
Company Profiles
- Carborundum Universal Ltd.
- ContiTech AG
- Hebei Zebung Rubber Technology Co., Ltd.
- JinYuan Rubber Manufacturing (JYM Hose) Ltd.
- Kanta Rubber Pvt. Ltd.
- Mithra Fluidtrans Pvt. Ltd.
- Nanjing Vincit- Gao Industrial Co., Ltd.
- Ohji Rubber & Chemicals Co., Ltd.
- Q&R Industrial Hoses Pty Ltd.
- Sandhya Enterprises
- Sangir Plastics Pvt. Ltd.
- Trelleborg AB
- VHMarineTech Co., Ltd.
The Report covers:
- Comprehensive research methodology of the Asia-Pacific dredging hose market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the Asia-Pacific dredging hose market.
- Insights about market determinants which are stimulating the Asia-Pacific dredging hose market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of market players.
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