The Trenchless Pipe Rehabilitation Market Research Report by The Business Research Company provides global market size, growth rate, regional shares, competitive analysis, detailed segments, trends and opportunities.
The Business Research Company has published a report titled “Trenchless Pipe Rehabilitation Global Market Report 2024 – By Type (36-Inch Pipes, Other Types), By Method Type (Cured-In-Place Pipe (CIPP), Pipe Bursting, Slip-Lining , Spray-In-Place Piping (SIPP), other method types), by application type (main pipes, sewer pipes, other application types), by end user (residential, commercial, industrial, municipal) – Market “Size, Trends and Global Forecast 2024-2033”. According to the report, the trenchless pipe rehabilitation market is expected to grow to $6.13 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%.
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Report coverage and details:
• Forecast period: 2024-2033
• Base year: 2023
• Market size in 2024: $3.24 billion
• 2033 revenue forecast: $4.18 billion
• CAGR of 6.60%
Global Trenchless Pipe Rehabilitation Market: Segmentation
The trenchless pipe rehabilitation market covered in this report is segmented –
1) By Type: 36 inch pipes, other types
2) By Method Type: Cured-In-Place Pipe (CIPP), Pipe Bursting, Slip-Lining, Spray-In-Place Piping (SIPP), other method types
3) By application type: main pipes, sewer pipes, other application types
4) By End User: Residential, Commercial, Industrial, Municipal
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Trenchless Pipe Rehabilitation Market Report: Growth Drivers
The trenchless pipe rehabilitation market is gaining importance due to the growing demand for infrastructure rehabilitation. With aging infrastructure requiring rehabilitation for safety and efficiency reasons, trenchless methods offer a minimally invasive and environmentally friendly solution to underground pipeline repair.
There are over 222,000 bridges in need of major repair or replacement in the United States, highlighting the critical role of innovative rehabilitation techniques in addressing these challenges.
Key developments:
Aegion Corporation Strengthens Infrastructure Solutions by Acquiring Infraspec Services Inc.
In August 2023, Aegion Corporation, a US-based company specializing in infrastructure protection and maintenance, acquired Infraspec Services Inc. for an undisclosed amount. The acquisition is expected to strengthen Aegion's ability to provide comprehensive, innovative infrastructure protection and maintenance solutions.
Infraspec Service Inc. is a UK-based company specializing in trenchless technology solutions for water pipe rehabilitation and related services.
Top market leaders included:
Granite Construction Inc., Trelleborgs Gummifabriks AB, Michels Corporation, Roto-Rooter Group Inc., Insituform Technologies Inc., Ashimori Industry Co.
Ltd., Vortex Companies LLC, Sewer Equipment Company, SPML Infra Ltd., Waterline Renewal Technologies Inc., NuFlow Technologies Inc., SAK Construction LLC, Spinello Companies, Hobas Pipe USA Inc., HK Solutions Group, AquaPipe, Impreg Group LLC, NordiTube Technologies SE, Amex Sanivar, Saertex Multicom GmbH, Pipe Restoration Technologies LLC
Trenchless Pipe Rehabilitation Industry: Regional Landscape
North America was the largest region in the trenchless pipe rehabilitation market in 2023. Asia Pacific is expected to be the fastest growing region during the forecast period.
The regions covered in the trenchless pipe rehabilitation market report are Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the trenchless pipe rehabilitation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
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What does the global trenchless pipe rehabilitation market report cover?
1.Introduction
• Overview of the trenchless pipe rehabilitation market
• Comprehensive analysis of the trenchless pipe rehabilitation market
2. Trenchless Pipe Rehabilitation Market Drivers and Constraints
• Drivers and constraints for the historical and forecast period
3. Market segmentation for trenchless pipe rehabilitation
• By type
• By method type
• By application type
• From the end user
4. Competitive landscape and company profiles in the trenchless pipe rehabilitation market
• Overview
• Products and services
• Strategy
5. Regional and country-wise analysis of the trenchless pipe rehabilitation market
• By region
• By country
6. Market trends and opportunities in the trenchless pipe rehabilitation market
• Technological advances
• New trends
7. Future prospects and potential analysis for the trenchless pipe rehabilitation market
• Growth strategies
• New possibilities
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