The Future of Sprayed-in-Place Pipe (SIPP) Market in the forecast period (2019 -2024) as predicted by Stratview Research
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This comprehensive 226-page report, from Stratview Research, studies the sprayed-in-place pipe (SIPP) market over the trend period of 2013 to 2018 and the forecast period of 2019 to 2024. After publishing exclusive studies on niche subjects including cured-in-place pipes (CIPP) market, we have further expanded our research scope to the SIPP market in order to provide the panoramic picture of the market in terms of usage of different materials in different applications. The report segments and analyzes the market in the most comprehensive manner in order to provide the complete 360-degree view of the market at the global, regional, as well as country-level. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of low-hanging fruits available and formulation of growth strategies.
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Application Type Segment
Based on the application type, the SIPP market is segmented as water main pipes, wastewater pipes, and storm pipes. Water main pipe is likely to remain the most dominant as well as the fastest-growing segment during the forecast period. All the major applications are likely to grow at healthy rates over the next five years. The replacement of old dig-and-replace method with the trenchless rehabilitation technologies including SIPP is driving the growth of the market. Generally, the wastewater pipes and storm pipes are large in size in terms of diameter and require comparatively more funds for rehabilitation. Cured-in-place pipe (CIPP) is the most widely used trenchless technology for wastewater and stormwater pipe rehabilitation.
Material Type Segment
Based on the material type, the SIPP market is segmented as cement mortar, epoxy coating, polyurea coating, polyurethane coating, and geopolymer mortar. Cement mortar is projected to remain the most dominant material type in the SIPP market during the forecast period, whereas geopolymer mortar is likely to remain the fastest-growing material type during the same period. Cement mortar is the oldest material among SIPP family, which is being used from the 1920s for the rehabilitation of pipelines. It offers a host of advantages over competing for rehabilitation technologies including good corrosion resistance. It provides excellent structural strength to the host pipe and is highly economical in terms of cost, key whys and wherefores for its widespread acceptance for pipe rehabilitation.
Region Wise Segment
In terms of region, North America is projected to remain the largest market for SIPP during the forecast period. In the region, most of the installed pipelines have passed their retirement age or are reaching their retirement age and need rehabilitation. The average life span of a pipeline installed is around 50 years with most of them have passed the lifespan. Rehabilitation of these infrastructure gives an extended life of around 30-50 years to the pipe. The USA is not only the largest market for SIPP in North America but also in the world. The country is the early mover in the trenchless pipe rehabilitation with regard to material adoption and technology.
Asia-Pacific is expected to witness the highest growth during the forecast period. Japan, China, and Australia are the growth engines of the Asia-Pacific’s SIPP market. These economies will continuously generate a huge demand for SIPP to support their aging pipeline infrastructure. Japan is set to maintain its dominance in the region’s market over the next five years, whereas China is likely to be the fastest-growing market in the region during the same period. Furthermore, key economies in the region are incessantly increasing their infrastructure budget with the purpose to decrease water loss and to improve the water quality. All these factors are like to contribute significantly towards the growth of the SIPP market in the region.
Check the Table of Contents to browse through the report better: https://www.stratviewresearch.com/toc/533/sprayed-in-place-pipe-SIPP-market.html
Highlights of the Report:
There are various trenchless techniques available for the rehabilitation of damaged pipelines, such as SIPP, cured-in-place pipe (CIPP), and Slip lining, among which SIPP 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 water main pipes, wastewater pipes, and storm pipes.
SIPP is a meteorically growing trenchless pipeline rehabilitation technology that offers a new means of repairing existing corroded, leaked, or damaged pipelines. SIPP is applied to both freshwater and wastewater pipelines. Using robotic devices that make their way through a defective pipe, trenchless technology operators are able to spray a new line into place throughout the whole length of the pipe. The head of the device spins as it sprays the material on the original pipe surface. As the new interior line in pipe dries and hardens, it forms a new pipe that may give excellent performance in years to come. The lining material must be compliant under the certification and standards of NSF/ANSI 61, which has various norms for materials used for the lining of water main lines to prevent the contamination of potable drinking water.
The global SIPP market is projected to grow at an impressive rate over the next five years to reach US$ 707.3 million in 2024. The SIPP market is mainly driven by the spending of government and municipal corporations towards infrastructure rehabilitation. Most of the water main pipes, wastewater pipes, and storm pipes in the major countries, such as the USA, Germany, and Canada, have reached or almost reaching their retirement age and need rehabilitation for smooth functioning in the future.
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
Based on the research, a proper report is crafted with the following key features:
• 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
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Stratview Research is known to offer its insightful reports and custom researches in some of important industry sectors such as aerospace & Defense, Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas. Whether it is collection of data or analysis of the trends, the expert team makes sure to put in its best efforts to come up with the best results for the interested clients.
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