Cured-In-Place Pipe (CIPP) Market is Likely to reach an estimated value of US$ 2,615.4 million in 2023

Stratview Research has launched a new research report on Cured-In-Place Pipe (CIPP) Market. Published on Aug,2018, this 236-page report segments the market in seven ways to provide a 360-degree holistic view.

The forecast of the market size has been segmented by –
 Diameter Type (Less than 1 Foot, 1 to 2.5 Feet, 2.5 to 5.0 Feet, greater than 5.0 Feet),
 Resin Type (Epoxy Resin, Polyester Resin, Vinyl Ester Resin),
 Fabric Type (Polyester Fabric, Glass Fiber Fabric, Carbon Fiber Fabric, Others),
 Cure Type (Hot Water, Steam, UV Cure),
 Weaving Type (Woven, Non-Woven, Others),
 Coating Type (Polypropylene Coated, Polyethylene Coated, Polyurethane Coated, Non-Coated, Other Coated),
 Region
 North America (Country Analysis: The USA, Canada, and Mexico)
 Europe (Country Analysis: France, Germany, the UK, Russia, and Rest of Europe)
 Asia-Pacific (Country Analysis: China, Japan, India and Rest of Asia-Pacific)
 Rest of the World (Country Analysis: Latin America, the Middle East and Others)

The objective of this report is to identify the Trend, Forecast, Competitive Analysis, and Growth Opportunity of Cured-In-Place Pipe (CIPP) Market.

Years considered for this report –
 base year 2018
 trend period 2012 – 2017
 forecast period 2018 - 2023

Click here to read the detailed description: https://www.stratviewresearch.com/287/Cured-in-Place-Pipe-CIPP-Market.html

View detailed TOC here: https://www.stratviewresearch.com/toc/287/Cured-in-Place-Pipe-CIPP-Market.html

Cured-in-place pipe market to reach US$ 2,615.4 million
There are various trenchless techniques available for the rehabilitation of damaged pipelines, such as CIPP and slip lining, among which CIPP is gaining popularity, owing to its numerous benefits over the competing ones. It is suitable for the rehabilitation of pipelines with a wide range of diameter as well as applications including sewer, potable water, and stormwater. It gives a new life to the damaged pipelines. As per one study, about 49% of the respondents cited that CIPP is by far the most preferred trenchless method. CIPP liners manufacturing has to be compliant under various standards governed by ASTM and has to follow the emission norms of regulatory bodies, such as OSHA regulation.
The global cured-in-place pipe (CIPP) market offers healthy growth opportunity and is likely to reach an estimated value of US$ 2,615.4 million in 2023. Aging potable and sewage water structure, increasing spending by municipalities and utilities on rehabilitation, increasing awareness about the benefits of trenchless techniques, and high performance of CIPP over competing technologies are the major growth drivers of the global CIPP market.

Less than 1 foot is projected to remain the growth engine

The market is segmented based on the pipe diameter type: Less than 1 foot, 1-2.5 feet, 2.5-5 feet, and greater than 5 feet. less than 1 foot is projected to remain the growth engine of the global CIPP market during the forecast period. Small diameter pipes require less funding and are easy to install as compared to large diameter pipes. This has resulted in a huge installed base of small diameter pipes. 8” diameter pipe is considered to be a standard and has been one of the largest used pipelines across the world.

Polyester resin-based CIPP is expected to remain the largest segment

Based on the resin type, polyester resin-based CIPP is expected to remain the largest segment of the market during the forecast period. Polyester resin impregnates liner materials well and can be cured even when ambient temperatures drop to near or below freezing. It is mostly used in gravity sewer rehabilitation, owing to high flexural modulus, low tensile elongation, and good chemical resistance. Further, its lower cost as compared to vinyl ester and epoxy resins elevate its demand.

Vinyl ester resin-based CIPP segment to witness the highest growth

Vinyl ester resin-based CIPP segment is likely to witness the highest growth over the next five years, owing to its caustic and high-temperature material resistance properties. Vinyl ester resin-based CIPP offers inherently better impact resistance than the polyester resin-based CIPP construction. It is also stronger than polyester resin-based CIPP and cheaper than epoxy resin-based CIPP. Vinyl ester resins offer better resistance to moisture absorption and are the preferred choice where corrosion of pipe is the biggest concern.
Epoxy resin does not have HAPs (hazardous air pollutants) or cause VOCs (volatile organic compounds) emissions and is considered to be one of the eco-friendliest choices for CIPP. Epoxy resinis mostly used for the rehabilitation of potable water pipelines as it’s the only resin that meets the NSF/ANSI 61 potable water requirements.

polyester fabric-based CIPP to remain the largest segment

Based on the fabric type, polyester fabric-based CIPP is projected to remain the largest segment of the market during the forecast period. Polyester fabric exceeds the desired tensile strength and meets the ASTM D461 standard for feeling at a very competitive price compared to other fabrics. It is considered a superior fabric for optimum resin carriage coupled with high surface tension.
Glass fabric is likely to remain the second largest, but fastest-growing fabric type during the forecast period. Glass fabric is the preferred choice for CIPP where curing is done through UV. The main reason for using glass fabric liner with UV curing, instead of water or steam-cured felt liners, is that felt curing generates by-products that negatively affect the environment.

Steam to remain the most dominant curing method

Based on the curing type, steam is projected to remain the most dominant curing method in the market during the forecast period. The overall curing time of the steam process is lower than that of the hot water curing time as the transfer of heat in the steam process is faster as compared to hot water. Set up of a steam cure system is also quicker than a hot water cure system and it does not require large-scale water on job site as required in case of hot water curing.
UV curing is likely to witness the highest growth over the next five years. UV liners do not need refrigeration; hence, they can be delivered directly to the job site in advance. They are 3 to 5 times stronger than conventional felt CIPP liners, contribute towards reducing emissions and are not temperature sensitive.

North America to remain the largest CIPP market

Based on regions, North America is expected to remain the largest CIPP market during the forecast period. The region has most of the pipelines installed post world war II which are at retirement age and need rehabilitation. The USA alone has about 0.8 million miles of sewer pipes and 0.5 million miles of private lateral sewers and majority of which are over 60 years. The average lifespan of sewer pipes in the USA is about 50 years. This has led to a large-scale demand for rehabilitation in the region where CIPP is the most preferred choice.
Asia-Pacific is likely to remain the fastest-growing market during the forecast period. Various emerging countries in the region, such as China, have currently been practicing other technologies for the rehabilitation of pipelines but they have now started implementing CIPP at a faster rate.

Key Strategies
Developing thinner, stronger and eco-friendly liners, mergers & acquisitions, and forming long-term contracts with installers and utilities are the key strategies adopted by the major players to gain a competitive edge in the market.
The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Major CIPP companies - Insituform Technologies Inc., Layne Inliner LLC, iMPREG GmbH, Inland Pipe Rehabilitation, Reline Europe AG, Saerxtex multiCom GmbH, Ashimori Industry Co. Ltd., and Norditube Technologies SE.

Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
 Market structure: Overview, industry life cycle analysis, supply chain analysis
 Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
 Market trend and forecast analysis
 Market segment trend and forecast
 Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
 Attractive market segments and associated growth opportunities
 Emerging trends
 Strategic growth opportunities for the existing and new players
 Key success factors.

Research Methodology
This report studies the CIPP market, keeping in mind the interest of all the stakeholders across the value chain. The rich quality of insights is outcome of -
 Extensive secondary research,
 Rigorous primary interviews with more than 20 industry stakeholders across the value chain.
 Validation and triangulation of data with Stratview Research’s internal database and statistical tools.
 More than 1000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data.

Stratview Research has several high value market reports in the Construction & Equipment industry. Please refer to the following link to browse through our reports:
https://www.stratviewresearch.com/market-reports/Construction-Equipment.html

About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.

400 Renaissance Center, Suite 2600, Detroit, Michigan, MI 48243 United States of America

This release was published on openPR.