The global Marine Salvage Services market size is predicted to grow from US$ 6094 million in 2025 to US$ 7639 million in 2031; it is expected to grow at a CAGR of 3.8% from 2025 to 2031.

Marine salvage is the process of recovering a ship and its cargo after a shipwreck or other maritime casualty. Salvage may encompass towing, re-floating a vessel, or effecting repairs to a ship.

United States market for Marine Salvage Services is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Marine Salvage Services is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Marine Salvage Services is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Marine Salvage Services players cover DonJon Marine Company, Ardent Global, Royal Boskalis Westminster, Tsavliris Salvage Group, Cooper Capital Specialty Salvage, LLC, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

Infinity Market Research newest research report, the Marine Salvage Services Industry Forecast looks at past sales and reviews total world Marine Salvage Services sales in 2024, providing a comprehensive analysis by region and market sector of projected Marine Salvage Services sales for 2025 through 2031. With Marine Salvage Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Marine Salvage Services industry.

This Insight Report provides a comprehensive analysis of the global Marine Salvage Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Marine Salvage Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global Marine Salvage Services market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Marine Salvage Services and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Marine Salvage Services.

This report presents a comprehensive overview, market shares, and growth opportunities of Marine Salvage Services market by product type, application, key players and key regions and countries.

Segmentation by Type:

    Cargo Salvage
    Equipment Salvage
    Ship Wreck Salvage
    Afloat Salvage
    Clearance Salvage

Segmentation by Application:

    Shipping
    Marine Environment
    Military
    Transportation

This report also splits the market by region:

    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the companys coverage, product portfolio, its market penetration.

    DonJon Marine Company
    Ardent Global
    Royal Boskalis Westminster
    Tsavliris Salvage Group
    Cooper Capital Specialty Salvage, LLC
    Plan B marine solutions
    Lloyds
    Leask Marine Ltd
    ABL Group