Trenchless Pipe Relining Market Size Likely to Reach US$ 5.0 Billion in 2025, Says Stratview Research

DETROIT, November 28, 2019 /PRNewswire/ — Stratview Research announces the release of a new research report on Trenchless Relining Pipe Market, by Application Type (water mains, sewer pipes and others), by Method Type (CIPP, Slip-Lining, SIPP and others), by Pipe Diameter Type (<18 Inch Pipes, 18-36 Inch Pipes, and >36-inch pipes) and by region (North America, Europe, Asia Pacificand Rest of World), Trend, Forecast, Competitive Analysis and Growth Opportunity: 2020-2025.

This Stratview Research strategic assessment report provides an exhaustive analysis reflecting the realities of the Trenchless Pipe Relining market today as well as future opportunities for the forecast period 2020-2025. Place Pipe (CIPP) Market and Sprayed-In-Place Pipe (SIPP) Market reports from industry stakeholders, we have attempted to further emphasize our scope of research on the trenchless pipe relining market in order to provide as thorough a picture of the market as possible. The report segments and analyzes the market in the most detailed way to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role in identifying available low hanging fruits as well as in formulating growth strategies for both market participants and investors.

Trenchless Pipe Relining Market: Highlights

Trenchless pipe relining technologies are gaining traction in the global market due to their outstanding performance and exceptional benefits. These techniques repair existing underground pipelines by running a relatively small diameter pipe or by spraying coating material into the damaged pipe to create a lining within the pipe with very limited or no excavation. The main characteristics of these techniques are that pipe relining has now become faster, easier, cheaper and cleaner. In addition, these techniques avoid traffic jams, landscape destruction and relining without polluting the environment.

Aging of the existing pipeline infrastructure, increasing rate of deterioration, growing population and urbanization in the key countries, such as United States of America, Germanyand Canada, are troubling government and municipal companies. All of these factors have led to an increased focus on trenchless pipe relining techniques to reduce potable water loss and rehabilitate infrastructure while avoiding congestion and landscape destruction. According to recently released data, the United States of America alone has more than 9.5 billion feet of installed pipeline, most of which was laid in the mid-20th century. Similarly, around 23 billion feet of pipes have been in service in European Union countries over the past 100 years. in the Japan, about 15% of water pipes have survived their 40-year lifespan as of fiscal 2016; therefore they need to be updated

According to Stratview Research, the market for trenchless pipe relining is projected to grow at an impressive rate over the next five years, reaching an estimated value of $5.0 billion in 2025. The market is primarily driven by an aging existing pipeline network coupled with an increase in spending by state and municipal companies on repairing and maintaining existing pipelines.

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Based on method type, CIPP is projected to remain the most dominant and fastest growing segment in the market during the forecast period. The dominance of CIPP technology in the market is mainly due to the quick and easy installation process, longer lifespan and better performance over competing technologies. CIPP liner installation rate is 5 times faster than trench replacement.

Depending on the application type, sewer pipes are likely to remain the dominant segment over the forecast period. CIPP is the preferred method for sewer rehabilitation. However, water pipe is expected to register the highest growth during the forecast period. Finishing and liner materials used in relining must meet NSF/ANSI 61 certifications and standards, which provide norms related to the material used for lining water mains to prevent contamination of liners with harmful substances potable drinking water.

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Regarding the region, North America is expected to remain the largest market for trenchless pipe lining during the forecast period. The region has the highest installed base of pipelines that have exceeded their service life or are approaching retirement age and require repair and maintenance. The average active service life of an installed pipeline is around 50 years, and most of them are past their lifetime. The relining extends the pipe by about 30 to 50 years.

Asia Pacific is expected to register the highest growth during the forecast period. Japan, Chinaand Australia are the engines of growth Asia Pacific Trenchless pipe relining market. These economies will continually generate immense demand for trenchless pipe relining to rehabilitate their aging pipeline infrastructure. The region’s major economies continue to increase infrastructure spending to reduce water loss and improve water quality.

The supply chain of this market includes raw material and equipment suppliers, pipe rehabilitation service providers/contractors, governments, local authorities and charities. Some of the major players in the trenchless pipe relining market are Aegion Corporation, Granite Construction Inc., Inland Pipe Rehabilitation LLC (IPR), Per Aarsleff A/S and SAK Construction, LLC. Key customers of these players include the state and local governments of America, the Federation of Canadian Municipalities, and private construction companies.

reporting features

This report offers market information in the most comprehensive way. The reporting structure has been kept to offer maximum business value. It provides key insights into market dynamics and enables strategic decisions for both the existing market players and those ready to enter the market. The following are the main features of the report:

  • Market Structure: Overview, Industry Life Cycle Analysis, Supply Chain Analysis.
  • Analysis of the market environment: growth drivers and restraints, Porter’s five forces analysis, SWOT analysis.
  • Market trend and forecast analysis.
  • Trend and forecast of the market segment.
  • Competitive landscape and dynamics: market share, product portfolio, product launches, etc.
  • Attractive market segments and associated growth opportunities.
  • New trends.
  • Strategic growth opportunities for existing and new players.
  • key factors for success.

This report examines the global trenchless pipe relining market and has segmented the market into four ways, taking into account the interests of all stakeholders along the value chain. The following are the four ways of segmenting the market:

Trenchless Pipe Relining Market by Application Type

  • Water Mains (Regional Analysis: North America, Europe, Asia Pacificand RoW)
  • Sewers (Regional Analysis: North America, Europe, Asia Pacificand RoW)
  • Other (Regional Analysis: North America, Europe, Asia Pacificand RoW)

Trenchless Pipe Relining Market by Method Type

  • CIPP (Regional Analysis: North America, Europe, Asia Pacificand RoW)
  • Sliplining (Regional Analysis: North America, Europe, Asia Pacificand RoW)
  • SIPP (Regional Analysis: North America, Europe, Asia Pacificand RoW)
  • Other (Regional Analysis: North America, Europe, Asia Pacificand RoW)

Trenchless Pipe Relining Market, by Pipe Diameter Type

  • <18" Pipes (Regional Analysis: North America, Europe, Asia Pacificand RoW)
  • 18-36 I Pipes (Regional Analysis: North America, Europe, Asia Pacificand RoW)
  • >36″ Pipes (Regional Analysis: North America, Europe, Asia Pacificand RoW)

Trenchless Relining Market by Regions

  • North America (country analysis: The United States of America, Canadaand Mexico)
  • Europe (country analysis: Germany, Francethe United Kingdom, Spainand rest of Europe)
  • Asia-Pacific (country analysis: China, Japan, Australia, Singaporeand rest of Asia Pacific)
  • Rest of the world (subregion analysis: Latin Americathe middle Eastand other)

Stratview Research has several high quality market reports in the construction industry. Please use the link below to browse our reports:
https://www.stratviewresearch.com/market-reports/Construction-Equipment.html

Related Premium Market Reports in Pipe Renovation Industry are:

  • Trenchless Pipe Renovation Market Size, Share, Trend, Forecast and Competitive Analysis: 2020-2025.
  • In-Place Hardened Pipe (CIPP) Market Size, Share, Trend, Forecast and Competitive Analysis: 2020-2025.
  • Sprayed-in-Place Pipe (SIPP) Market Size, Share, Trend, Forecast and Competitive Analysis: 2019-2024.

About Stratview Research

Stratview Research is a global market research firm providing a wide range of services including syndicated market reports, custom research and sourcing intelligence across diverse industries such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utilities, Healthcare & Life Sciences, and Oil & Gas.

We have a strong team of industry veterans and analysts with extensive experience in conducting custom research projects for mid-market to Fortune 500 companies in the areas of Market Valuation, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go-to-Market -Strategy and voice-of-customer studies.

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