The global non-floating dredging hose market is estimated to grow at a CAGR of nearly 3.1% during the forecast period. Rising demand for river and port dredging is primarily contributing to the growth of the market. The increase in greenhouse gas emissions has accelerated global warming. This leads to a rise in sea level, an increase in seawater surface temperature and changes in (seasonal) precipitation and hence river flow. Therefore, non-floating hoses are used for flood discharge and port and dock construction. Non-floating dredge hose are primarily used for sewage, slurry, seawater and sand suction & discharge in different industries. These types of dredging hoses are highly flexible and are resistant to wave. It is composed of three parts, namely, tube, reinforcement, and cover. The non-floating dredge hose is made from high quality synthetic rubber, such as natural rubber (NR), styrene-butadiene rubber (SBR), and butadiene rubber (BR), making hose resistant to abrasion and seawater.
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Reinforcement is made from multiple layers of high tensile spiral steel wires to make solid hoses that can tolerate high pressure working conditions. Besides, reinforcement makes hose resistant to bending and fatigue. Synthetic rubber such as natural rubber (NR), styrene-butadiene (SBR) and butadiene rubber (BR), are being used to make the non-floating hose resistant to abrasion, corrosion, seawater, heat, weather, ozone, and aging. Non-floating hose can be connected to pipeline to reduce the sea wave, to deliver medium flows smoothly.
Trelleborg AB, ContiTech AG, and NovaFlex Group among others are the key market players that are offering non-floating dredging hoses. The market players are adopting some crucial strategies to expand market share and gain a competitive advantage. For instance, in January 2019, Trelleborg AB formed a joint venture agreement with Wellcall Holdings Bhd., a Malaysian firm, to manufacture and sell industrial hoses in composite materials. The initiative means Trelleborg can expand its production capacity, reach new markets more quickly, and strengthen its total product portfolio.
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Global Non-Floating Dredging Hose Market Segmentation
By Application
- Government
- Oil and Gas
- Others
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