Dredging Market’s Demand Is Predicted To Grow At A CAGR Of 3.7 Percent, Reaching A Value Of Us$ 22.3 Bn By 2032
In 2022, the market for dredging is projected to be worth US$15.6 billion. The dredging market’s demand is predicted to grow at a CAGR of 3.7 percent, reaching a value of US$ 22.3 Bn by 2032, according to the report. For various activities like coastal protection, trade activities, and mining projects, the government segment currently holds a more than 40% share of the market for the use of dredging services.