Pipe Relining Market: Rise in number of ageing drainage infrastructure especially in urban areas

The pipe relining market is anticipated to reach US $10.1 billion by 2025 from US$ 7.5 billion in 2018 thereby registering a moderate CAGR growth rate of 4.3% during the forecast period.

The pipe relining basically refers to the task of fixing, repairing, and patching up of faulty or broken section of the pipes through non-destructive methods and approaches compared to the conventional solutions. The solution provides an effective as well as cost efficient pipe renovation solutions with minimum infrastructure changes through application of various pipe relining solutions such as cured-in-place (CPP), pull-in-place, and pipe bursting, and internal pipe coating among other methods. The solutions provide substantial cost benefits coupled with significant solution lifespan especially in underground sewers and drains especially in the urban and metro cities. Factors such as ageing drainage infrastructure along with increase in number of renovation and natural hazards have profound impact over the growth of pipe relining market. As a result, the North America region to witness a steady growth rate by region in the global pipe relining market. The South America pipe relining market region is expected to witness a CAGR growth rate of 5.4% in the coming years.

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Company Profiles operating in this report are:

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
Aegion Corporation

Environmental concerns and health related awareness in North America has played a crucial role in the wide popularity for the acceptance of pipe relining market. The growth of infrastructural constructions in North America is very high, and thus, the sewage pipelines also are increasing in parallel to the residential and commercial constructions in the country. The need for an efficient, quick and reliable waste water pipe repairing system is anticipated to drive the market for pipe relining in North America. The U.S. pipe relining market is expected to witness a lucrative CAGR growth of 3.2% in the forecast period.

Several campaigns and governmental initiatives are intensifying the residential, commercial and industrial sectors to replace or select the appropriate sewer rehabilitation solutions for their traditional sewage pipelines with advanced technologies. The result of these campaigns and initiatives is the increasing awareness and neediness to renovate the sewage pipelines. These governmental initiatives and campaigns have impacted positively in the current scenario, and the same is expected to grow in the coming years. This factor is creating substantial market opportunity for the pipeline relining market players to expand their business in the Middle East region. As a result, the Middle East & Africa market is projected to witness an attractive growth rate of 7.4% from 2018 to 2025.

Key findings of the study:

From a growth perspective India in Middle East & Africa region is anticipated to witness the most lucrative CAGR growth rate during the forecast period
Based on solution type, the cured-in-place segment continue to witness significant lucrative profitable opportunities with projected CAGR growth rate of 4.7%
The pipe bursting segment is expected to register a moderate CAGR growth rate of 2.7%
The Pipe Relining market in India is expected to account for apprx US$ 200.0 Mn by 2025, projecting a CAGR of 7.7% during the forecast period from 2018 – 2025. Sewer and drainage system in urban areas is one of an important concern in India due to industrialization, rapid urbanization, and population growth. India is one of a developing nation and therefore lags behind in the adoption of advance pipe relining services compares to other countries. Adoption of traditional approaches to rehabilitate aging pipes are not sufficient and henceforth need to implement new methods is required

Several options are available under trenchless pipe rehabilitation, out of which cured in place is identified as the most accepted method. Developments and innovation in the method have given pipeline asset owner worth to spend, an important factor in the decreased funding and increased regulatory enforcement. Although the pipeline owner still adopts a traditional cut in method this number is decreasing as the major organizations including NASSCO and NASTT push the technology towards advanced pipe rehabilitation method.

The CIPP solution type sub-segment is estimated to expand with the highest CAGR of 4.7% over the forecast period.

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This release was published on openPR.