Dredging Market Report 2026

The dredging market size has grown steadily in recent years. It will grow from $13.21 billion in 2025 to $13.81 billion in 2026 at a compound annual growth rate (CAGR) of 4.5%. The growth in the historic period can be attributed to growth in maritime trade, rising port development activities, increasing need for navigable channels, expansion of coastal infrastructure, development of marine transportation.

The dredging market size is expected to see steady growth in the next few years. It will grow to $16.38 billion in 2030 at a compound annual growth rate (CAGR) of 4.4%. The growth in the forecast period can be attributed to increasing coastal protection initiatives, rising urban waterfront development, growing offshore and energy infrastructure projects, expanding environmental restoration activities, rising investment in waterway management. Major trends in the forecast period include increasing focus on navigational waterway maintenance, growing demand for coastal protection activities, rising adoption of advanced dredging equipment, expanding use in urban and port development projects, increasing emphasis on environmental dredging operations.

Increasing seaborne trade is expected to propel the growth of the dredging market going forward. Seaborne trade refers to the transportation of goods through navigable waterways and ports. It is increasing as global demand for goods continues to rise, creating a need for efficient, large-scale transportation that ships can provide at lower costs over long distances. Dredging supports seaborne trade by expanding port capacity, maintaining navigable waterways, and enabling the development of new ports and shipping channels. For instance, in June 2023, according to the United Nations Conference on Trade and Development (UNCTAD), a Switzerland-based intergovernmental organization, maritime trade was projected to grow by 2.4% in 2023 and was expected to continue expanding at a rate of over 2% annually from 2024 to 2028. Therefore, increasing waterborne trade is driving the growth of the dredging market.

Major players in the dredging market are emphasizing product launches, such as dredging pumps, to boost revenues within their sector. A dredging pump is a specialized pump designed for the removal of sediments, debris, or other materials from the bottoms of water bodies. For instance, in April 2023, Jiangsu River Heavy Industry Co. Ltd., a China-based manufacturer of river dredging equipment, launched a new dredging pump. This dredge pump is engineered to clear silt from rivers, lakes, and harbors and features an impeller and wear-resistant components, enabling it to handle various materials while maintaining optimal performance. The innovative technology of this product allows for quicker and easier operation in both shallow and deep waters. In comparison to other models, its straightforward setup ensures faster maintenance, requiring less time for repairs or replacements.

In February 2023, J.F. Brennan Company, Inc., a US-based specialty marine contracting firm, acquired the dredging and dewatering division of Infrastructure Alternatives, Inc. (IAI) for an undisclosed sum. This acquisition enables Brennan to offer dewatering, water treatment, and treatability testing services for the first time, thereby enhancing its capabilities in nationwide remediation efforts and improving the quality of waterways and the environment. Infrastructure Alternatives, Inc. (IAI) is a US-based company that provides specialized services focused on environmental remediation, dredging operations, and dewatering solutions.

Major companies operating in the dredging market report are Royal Boskalis Westminster NV, Van Oord NV, Dredging Environmental and Marine Engineering NV, Jan De Nul NV, Great Lakes Dredge & Dock Corporation, National Marine Dredging Company, Hyundai Engineering and Construction Co. Ltd., Penta-Ocean Construction Co. Ltd., TOA Corporation, Weeks Marine Inc., Harbour Engineering Company Ltd., Cottrell Contracting Corporation, Amrut Dredging and Shipping Ltd., Cashman Dredging Inc., Callan Marine Ltd., China Communications Construction Company Limited, China Harbour Engineering Company Ltd., Manson Construction Co., Orion Marine Group, CCCC Dredging Company Ltd., Gulf Cobla LLC, J.F. Brennan Company Inc., Dredging Corporation of India Limited, Great Lakes Dock and Materials LLC, Royal IHC, Dredging International NV, Dredging and Maritime Management SA, Heinrich Hirdes GmbH, International Seaport Dredging Private Ltd., Irish Dredging Company Ltd., Middle East Dredging Company, Mijnster Zand- en Grinthandel BV, Mordraga LLC, Royal Smals BV.

Asia-Pacific was the largest region in the dredging market share in 2025. The regions covered in the dredging market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the dredging market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The dredging market includes revenues earned by entities through dredging services such as capital dredging, maintenance dredging, and inland water dredging. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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