China dredging hose market is estimated to grow at a CAGR of nearly 3.9% during the forecast period. Significant rise in investment in port infrastructure is contributing to the rising number of dredging contracts in the country. In 2013, China’s Belt and Road Initiative (BRI) was introduced which is a major port infrastructure project in the country. Under the initiative, China is spending close to $1 trillion to connect trade hubs and ports from the Pacific to Northern Europe. With the growing exports to other countries, China is significantly focusing on improving port infrastructure, which leads to an increasing dredging activity and thereby encouraging the market growth in the country.
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China is the major provider of electronic products across the globe, which has primarily led its global trade operations. China exports a large number of electronic components that are utilized in televisions and smartphones. China exports all major electronic components, including LED chips, printed circuit boards, memory, mobile displays, capacitors, and open-cell TV panels. The demand for consumer electronic products globally is one of the major aspects of the increasing exports from the country. Further, as per the Eurostat, in 2019, China was the largest partner for EU imports of goods (19%) and the third-largest partner for EU exports of goods (9%) In 2019, EU imports of goods from China were nearly $406.2 billion. Therefore, seven ports out of the top ten global ports in the container handling by volume are from China. This, in turn, is leading the demand for port construction and maintenance activities in the country.
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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
China Dredging Hose Market by Type
- Floating Dredge Hose
- Non-Floating Dredge Hose
Company Profiles
- ContiTech AG
- Hebei Qianli Rubber Products Co., Ltd.
- Hebei Zebung Rubber Technology Co., Ltd.
- Hengshui Yeli Rubber Hose Co., Ltd.
- Huaou Rubber Hose Co., Ltd.
- JinYuan Rubber Manufacturing (JYM Hose) Ltd.
- Nanjing Vincit- Gao Industrial Co., Ltd.
- Qingdao Everflex Rubber & Plastic Co. Ltd.
- Royal Boskalis Westminster N.V.
- Trelleborg AB
- VHMarineTech Co., Ltd.
The Report covers:
- Comprehensive research methodology of the China 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 China dredging hose market.
- Insights about market determinants which are stimulating the China 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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