Germany dredging hose market is estimated to grow at a CAGR of nearly 3.4% during the forecast period. Germany has the largest natural gas production capacity among EU5 economies. In 2018, Germany produced 4.8 Mtoe of total natural gas. However, oil and gas exploration in Germany is a small industry compared to top producer countries all across the globe, although German exploration and supplier companies do play an important role on the international level. Therefore, there is a significant demand for dredging by the oil & gas exploration companies. Along with this, the tidal Elbe estuary in northern Germany serves as one of the major sediment transport and management estuaries in the country. There were some of the new projects and developments announced in 2019-2020, regarding the exploration of dredging in Germany.
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For instance, in February 2020, Belgian-based dredging company, DEME Group has been awarded a contract as part of a joint venture to widen a 4 km stretch of Kiel Canal in Germany. Work was started in January 2020 and expected to end by 2023. The widening will significantly increase the efficiency of the waterway, which is important for international shipping. The work was commissioned by the Federal Waterways & Shipping Administration, represented by WSA Kiel-Holtenau. The contract has a total value of approximately $109.3 million. Further, in September 2019, The German Shipowners’ Association, Verband Deutscher Reeder (VDR), and the German Federal Chamber of Pilots, Bundeslotsenkammer (BLK), called for the urgent improvements to mobile network coverage in German coastal waters. The broadband infrastructure necessary for maritime digitization in the country’s coastal waters is still underdeveloped.
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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
Germany Dredging Hose Market by Type
- Floating Dredge Hose
- Non-Floating Dredge Hose
Company Profiles
- Continental Ag
- ContiTech AG
- EMSTEC GmbH
- Eschbach GmbH
- Gummiwarenfabrik Emil Simon GmbH & Co KG
- Polyhose India Pvt Ltd.
- SCHAUENBURG Industrietechnik GmbH
- Tharman Rubber Co.
- Trelleborg AB
- Witzenmann GmbH
The Report covers:
- Comprehensive research methodology of the Germany 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 Germany dredging hose market.
- Insights about market determinants which are stimulating the Germany 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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