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France Dredging Market Size, Growth, Trends, Share, Forecast 2020-2026

07-31-2020 04:26 PM CET | Industry, Real Estate & Construction

Press release from: Orion Market Research

France Dredging Market

France Dredging Market

France dredging market is estimated to grow at a CAGR of nearly 2.0% during the forecast period. France is the world’s sixth-largest industrialized economy and the EU’s third-largest economy after France and the UK. France dredging market is being significantly driven by the presence of a large coastline and beaches may contribute to driving the demand for dredging in the country.

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The Government of France had set up a long-term partnership with the UK and initiated a project named SETARMS, which will assist both sides of the channel. As per the project, France has six ports in the channel, through which, the country manages dredging operations.
According to the Cerema, every year around 35 to 40 million m3 of sediments are dredged in France in maintenance operations, and 90.0% of this volume is dredged in the major ports on river estuaries, such as Gironde estuary.

André L is one of the advanced vessels engaged in the dredging of sand and gravel from the Atlantic coast of France. In addition, it is expected that there is a significant demand for marine aggregates in the country owing to the limited land-based mining of sedimentary aggregates for the concrete industry. This, in turn, is expected to drive the demand for dredging in the near future. The demand for aggregates dredging is increasing in the Atlantic coast of France and therefore, several companies operate at the coast, which includes La Rochelle-based Dragages Transports et Travaux Maritimes.

Companies operating in the market include the Liebherr Group, DEME N.V., Barillec Marine, and Royal Boskalis Westminster N.V. In August 2019, Deme and Eiffage awarded EPCI foundation contract for the first offshore wind farm in France. It is a 480 MW Saint-Nazaire offshore wind farm, led by Enbridge and EDF Renewables. It will be situated between 12 km and 20 km off the coast of the Guerande peninsula in western France. Water depths for the installation range between 12 and 25 metres. This wind farm is anticipated to produce adequate electricity to deliver 20% of the Loire-Atlantique department‘s power.
The project will supply drilled monopiles, which is a new step forward for the offshore wind industry.

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France Dredging Market Segmentation

By Type
• Mechanical Dredger
o Bucket Dredger
o Grab Dredger
o Backhoe Dredger
• Hydraulic Dredger
o Suction
o Cutter Suction Dredger
o Trailing Suction Hopper Dredger
o Barge Unloading Dredger

By End-User
• Government
• Oil and Gas Companies
• Mining Companies
• Others (Renewable Energy)

Company Profiles
• Alma Shipping
• Barillec Marine
• Dragflow S.r.l.
• Dredging, Environmental and Marine Engineering NV (DEME)
• Eiffage Infrastructures Gestion Et Développement
• Obras y Dragados Aldamiz SA
• Royal Boskalis Westminster N.V.
• SociétÉ des Établissements Merré
• The Liebherr Group

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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Contact no: +91 780-304-0404

About us:
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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