Press release
Cured-In-Place Pipe (CIPP) Market estimated to grow at impressive CAGR in the forecast period (2019-2024)
Summary:The report on the Cured-In-Place Pipe (CIPP) Market has been launched in May,2019 by Stratview Research is an all-inclusive report that talks about the market structure and growth in the forecast period of 2019-2024. The report also offers insights into different market segments and other factors affecting the market.
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Stratview Research’s report states about the segment-wise current market condition, and also offers an estimation about future growths. The report has been generated after accumulating data from various authenticated sources such as journals, white papers, fact book, etc. As per the estimation, Cured-In-Place Pipe (CIPP) Market is expected to inflate at impressive CAGR by the forecast period (2019 – 2024).
As per the report, the market is segmented by:
• By Pipe Diameter Type: 5.0 Feet
• By Resin Type: Epoxy Resin, Polyester Resin, Vinyl Ester Resin
• By Fabric Type: Polyester Fabric, Glass Fiber Fabric, Carbon Fiber Fabric, Others
• By Cure Type: Hot Water, Steam, UV Cure
• By Weaving Type: Woven, Non-Woven, Others
• By Coating Type: Polypropylene Coated, Polyethylene Coated, Polyurethane Coated, Non-Coated, Other Coated
• By Region: North America, Europe, Asia-Pacific, Rest of the world
The Table of Contents can be gone through here:
https://www.stratviewresearch.com/toc/287/Cured-in-Place-Pipe-CIPP-Market.html
Highlights of the Report:
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$ 3,023.6 million in 2024. 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 major growth drivers of the global CIPP market.
The global CIPP market is segmented based on the pipe diameter type: 5 feet.
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