Press release
Pipe Relining Market by Leading Players Advanced Trenchless Inc., Inland Pipe Rehabilitation (IPR) LLC, Roto-Rooter Group, Inc., SilverLining Holding Corp
Pipe Relining Market
Global pipe relining market is expected to grow from US$ 7,265.3 Mn in 2017 to US$ 10,058.3 Mn by 2025 at a CAGR of 4.3% between 2018 and 2025.
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Some of the key players of pipe relining market include Advanced Trenchless Inc., Inland Pipe Rehabilitation (IPR) LLC, Roto-Rooter Group, Inc., SilverLining Holding Corp, NU Flow Corporate, Perma-Liner Industries LLC, RPB Inc, Specialized Pipe Technologies, Pipe Restoration Solutions, and Aegion Corporation, among others.
Pipe relining is a process that facilitates repairing of broken or damaged pipes without the need to wholly replace sewer lines or trenching. If the damaged sewer lines are under the trees, driveways, sidewalks, near extensive landscaping, or other semi-permanent features, the excavation of sewer may lead heavy investments as well as collateral damage to the nearby area. In several cases, relining of the pipe is thus considered as a viable alternative for sewer pipe replacement. North America is largest adopter of pipe relining, followed by the Asia Pacific, while the Middle East & Africa region with growing numbers of infrastructures and increasing technological trends is anticipated to be the fastest growing region in terms of pipe relining market.
The report focuses on an in-depth segmentation of this market based on solution type. The geographic segmentation of the report covers six major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). The regional market has been further bifurcated by respective countries. By solution type segment cured in place, pipe relining solution accounted for the largest share of the pipe relining market in 2017; whereas, MEA region is expected to grow at the highest CAGR during the forecast period.
North America is one of the prominent regions in pipe relining market which will contribute the highest revenue globally due to technological developments and considerable application of pipe relining in different sectors. Rapidly growing economies in Asia-Pacific (APAC) & MEA with significant growth construction sector will pave the path for increasing adoption and propel the market for pipe relining market.
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