UK dredging market is expected to grow at a CAGR of nearly 1.1% during the forecast period. The country has established rules and regulations and governmental organizations leading the dredging activities. The Federation of Dredging Contractors in the UK includes member companies that are involved in a large number of marine, dredging and land reclamation projects in the country. Some of these projects include Aberdeen beach nourishment, Langeled landfall pipeline, and Newbiggin Bay redevelopment, among others. The country has five major ports in London, Southampton, Liverpool, Milford Haven, and Immingham. The port of London maintains navigable depths in the main channels of the tidal Thames.

There are certain rules and regulations in the country regarding the dredging of water bodies. It is mandatory to have marine license to perform dredging activity in Northern Ireland offshore waters or English Waters. The Maintenance Dredging Protocol for England (MDP) is intended to improve the license applications assessment process by the creation of baseline documents. A document includes all relevant, available, current, and historical data related to the dredging activities. This supports authorities to assess the maintenance dredging operations and determine any possible significant effect, considering the in-combination impact of dredging proposals.

Companies operating in the market include CEMEX S.A.B. de C.V., Conbar UK Ltd., Royal Boskalis Westminster N.V., and Dredging Environmental and Marine Engineering (DEME) N.V. In March 2018, CEMEX UK entered into a contract with Damen Shipyards Group to develop a first in a new generation of Marine Aggregate Dredgers, with LR offering classification for the vessel. These dredgers innovative design will enable to provide higher efficiency, environmental credentials and the transportability of nearly 15% more load than CEMEX’s current dredger. This vessel has been designed to perform operations in North Sea conditions coupled with the ability to extract gravel and sand from the sea bed at the depths of up to 55m. CEMEX has commissioned its first new dredger in 20 years that represents a changing step in dredging technology for the company.

Research Methodology

The market study of the UK dredging market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders and industry experts. Primary research brings authenticity in our reports.

Secondary Sources Include:

• Financial reports of companies involved in the market
• Whitepapers, research-papers, and news blogs
• Company websites and their product catalog

The report provides in-depth analysis on market size, intended quality of the service preferred by consumers. It will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.

Market Segmentation:

• UK Dredging Market Research and Analysis, By Type
• UK Dredging Market Research and Analysis, By End-User

The Report covers:

• Comprehensive research methodology of the UK dredging 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 UK dredging market.
• Insights about market determinants which are stimulating the UK dredging market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of market players.