Global Cured-In-Place Pipe (CIPP) Market – Set to reach US$ 3,023.6 million in 2024

Stratview Research experts have done an extensive study of data from different sources and have analyzed them to come up with the Cured-In-Place Pipe (CIPP) Market report. The report offers insight into the current market trend and the future estimations.
The report on Cured-In-Place Pipe (CIPP) Market, published on may,2019 by Stratview Research, will showcase the market trend of 2013-2018 and forecast period of 2019-2024.

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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 supply chain of this market comprises raw materials suppliers, tube manufacturers, CIPP liner manufacturers, resin impregnators, CIPP installers, municipalities, and utilities. The key CIPP manufacturers are Insituform Technologies Inc., Layne Inliner LLC, iMPREG GmbH, Inland Pipe Rehabilitation, Reline Europe AG, Saerxtex multiCom GmbH, Per Aarsleff A/S, SAK Construction, LLC, Ashimori Industry Co. Ltd., and Norditube Technologies SE. 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 key players to gain a competitive edge in the market.

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The report on Cured-In-Place Pipe (CIPP) Market is explained segment-wise for a better understanding of the market trend.

The global CIPP market is segmented based on the pipe diameter type: 5 feet.

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