Dublin, Oct. 27, 2023 (GLOBE NEWSWIRE) — The “Trenchless Pipe Rehabilitation Market Size, Share, Trend, Forecast, Competitive Analysis and Growth Opportunities: 2023-2028” report has been added ResearchAndMarkets.com Offer.
The trenchless pipe rehabilitation market is expected to grow at a promising CAGR of 4.9% over the next five years and reach an estimated value of $7.2 billion in 2028.
Trenchless pipe rehabilitation technologies have gained worldwide attention due to their exceptional performance and numerous benefits, providing a way to repair, renew or replace underground pipelines with minimal or no excavation.
The market for these technologies is diverse and includes a variety of local, regional and global players. The competitive landscape in the trenchless pipe rehabilitation technology market has undergone significant changes, with different technologies and players dominating different regions. However, over time there was gradual consolidation, with large players acquiring smaller or local competitors.
These technologies offer several key advantages and make pipeline rehabilitation easier, cleaner, faster and more cost-effective. They also avoid traffic disruptions and ensure a smooth pipe relining process without unpleasant odors. The equipment and lining materials used in these technologies must meet certifications and standards such as NSF/ANSI 61, which ensure that water main lining materials meet the required standards to prevent contamination of drinking water.
State and municipal spending on infrastructure rehabilitation in various countries serves as the main driver of the market. Additionally, increased awareness of trenchless (no-dig) technologies, especially in emerging markets, is contributing to market growth.
Aging mains and sewer lines in key markets such as the United States, Germany and Canada, as well as the increasing adoption of trenchless pipe rehabilitation technologies, are leading to significant market expansion. In the United States, for example, there are over two million miles of water mains, many of which were installed in the mid-20th century. Addressing this aging infrastructure and meeting the needs of a growing population is estimated to require over $1 trillion in investment over the next 25 years.
In the U.S., annual spending plans for pipe rehabilitation were $10.3 billion in 2022 and are expected to rise to $11.3 billion in 2023, according to the 26th Annual Municipal Wastewater/ Water infrastructure emerges. Similar trends can be observed in other important market countries such as Germany and Canada.
By application type
The market is segmented into water main pipes, sewer pipes and others. All three applications are estimated to witness promising growth in the coming years. However, sewer pipes are expected to remain dominant until 2025, and water mains are expected to take the leading position from 2026 and are then expected to remain dominant until 2028.
Rehabilitating pipes in a trench typically takes twice as much time as rehabilitating pipes without a trench, which increases costs significantly. Additionally, pipe trench repair requires digging up the entire yard, which could destroy the landscaping and any other permanent structures in the yard. To avoid these costs and disruptions, a wide range of trenchless pipe rehabilitation methods are available on the market. CIPP is the preferred method for rehabilitating sewer pipes.
By method type
The market is segmented into CIPP, pipe bursting, slip-lining, SIPP and others. CIPP is forecast to remain the dominant method over the forecast period, while pipe bursting is forecast to remain the fastest growing method over the same period.
The high penetration of CIPP technology is mainly due to its excellent performance over competing technologies as well as its applicability in a wide range of pipe diameters. CIPP liner installation time is five times faster than full pipe replacement.
Regional analysis
North America is expected to remain the largest market for trenchless pipe rehabilitation during the forecast period. Most of the pipelines installed in the region are past or are nearing retirement age; Therefore, there is a need for rehabilitation. Renovating the infrastructure will extend the service life of the line by around 30-50 years.
The USA is the growth engine of the North American market. The United States is not only the largest market for trenchless pipe rehabilitation in North America, but in the world. The country is also one of the pioneers in trenchless pipe rehabilitation through the use of materials and technology.
Asia Pacific is expected to witness the fastest growth during the forecast period, mainly driven by Japan, China and Australia. Aging pipeline infrastructure in major economies across the region is driving demand for trenchless pipe rehabilitation. Continuous increase in infrastructure budget with the aim of reducing water losses and improving water quality, as well as continuous conversion to trenchless technologies, are the key demand boosters of the trenchless pipe rehabilitation market in Asia Pacific.
Main topics covered:
Application type analysis
- Water Mains: Regional Trend and Forecast (US$ Million)
- Sewer Pipes: Regional Trend and Forecast (US$ Million)
- Other: Regional Trend and Forecast (US$ Million)
Method type analysis
- CIPP: Regional Trend and Forecast (US$ Million)
- Burst Pipe: Regional Trend and Forecast (US$ Million)
- Slip-lining: Regional Trend and Forecast (US$ Million)
- SIPP: Regional Trend and Forecast (US$ Million)
- Other: Regional Trend and Forecast (US$ Million)
Pipe diameter type analysis
- < 18 Inch Pipes: Regional Trend and Forecast (US$ Million)
- 18-36 Inch Pipes: Regional Trend and Forecast (US$ Million)
- >36-Inch Pipes: Regional Trend and Forecast (US$ Million)
Regional analysis
- North America Trenchless Pipe Rehabilitation Market: Country Analysis
- US Trenchless Pipe Rehabilitation Market T&F ($M)
- Canadian Trenchless Pipe Rehabilitation T&F Market ($M)
- Mexican Trenchless Pipe Rehabilitation Market T&F (US$ million)
- European Trenchless Pipe Rehabilitation Market: Country Analysis
- German market for trenchless pipe rehabilitation T&F (million US dollars)
- French Trenchless Pipe Rehabilitation Market T&F ($M)
- Spanish trenchless pipe rehabilitation market T&F (US$ million)
- The UK T&F Trenchless Pipe Rehabilitation Market (US$ million)
- RoE’s Trenchless Pipe Rehabilitation T&F Market (US$ Million)
- Asia Pacific Trenchless Pipe Rehabilitation Market: Country Analysis
- Chinese Trenchless Pipe Rehabilitation Market T&F (US$ Million)
- Japanese Trenchless Pipe Rehabilitation Market T&F (US$ Million)
- Singapore Trenchless Pipe Rehabilitation Market T&F (US$ Million)
- Australian Trenchless Pipe Rehabilitation Market T&F (US$ million)
- RoAP’s Trenchless Pipe Rehabilitation Market T&F ($M)
- Rest of the World (RoW) Trenchless Pipe Rehabilitation Market: Country Analysis
- Latin America Trenchless Pipe Rehabilitation Market T&F (US$ million)
- The Middle East Trenchless Pipe Rehabilitation Market T&F (US$ Million)
- Other Trenchless Pipe Rehabilitation Market T&F ($M)
Competitive analysis
- Market consolidation level
- Competitive landscape
- Market share analysis
- Product portfolio analysis
- Geographic presence
- Strategic alliances
- Porter’s Five Forces Analysis
Key figures
- Aegion Corporation
- PURE Corporation
- Per Aarsleff A/S
- SAK Construction, LLC
- Reline UV group
- SAERTEX Multicom GmbH
- IMPREG Group
- Ashimari Industry Co, Ltd
- Michels Corporation
- Spinello company
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