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Drinking Water Pipe Repair Market worth $90.69 billion by 2030, growing at a CAGR of 7.14% - Exclusive Report by 360iResearch
Drinking Water Pipe Repair Market | 360iResearch
The Global Drinking Water Pipe Repair Market to grow from USD 55.94 billion in 2023 to USD 90.69 billion by 2030, at a CAGR of 7.14%.
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Drinking water pipe repair refers to the processes and techniques used to restore the function and integrity of pipelines that carry potable water to residential, commercial, and industrial users. These repairs may involve fixing leaks, addressing corrosion, sealing breaks, or replacing pipe sections. Many existing pipelines are reaching or have surpassed their intended service life, leading to an increased rate of failures, which has increased the demand for drinking water pipe repair products. In addition, the issues relating to temperature changes and corrosive soils can damage pipes over time, necessitating pipe repairs frequently. Several government initiatives and investments in pipeline infrastructures have further augmented the need for drinking water pipe repair products. However, the cost-prohibitive nature of some advanced repair methods and fluctuations in raw material prices affect the production and penetration of drinking water pipe repair products. Nevertheless, collaborative initiatives between public and private sectors for upgrading water infrastructure and novel innovations in product portfolios are expected to augment the demand for drinking water pipe repair products in the coming years.
The Americas represents a significant market for drinking water pipe repair, driven by aging infrastructure, stringent environmental regulations, and the need for sustainable water management. Consumer needs in the Americas focus heavily on innovative solutions that provide long-term durability and minimize service interruptions. Investment in water infrastructure reflects the federal support for improving water systems in the Americas. European Union (EU) countries are at the forefront of adopting stringent water quality standards and sustainable water management practices. Repairing water pipes with a minimal environmental footprint is an essential consumer need. Customers in the Middle East and Africa prioritize technologies that can withstand high temperatures and corrosive conditions. Investment in desalination and water reuse projects indicates the growing recognition of the importance of water resource management. The Asia-Pacific's fast-growing urban population has catalyzed the development of its drinking water pipe repair market. Innovation in pipe materials, such as the adoption of high-density polyethylene (HDPE), is a notable trend in meeting consumer needs for reliable water supply. The government's massive investment in water conservation projects creates opportunities for domestic and international players to contribute to the water pipe repair market in the Asia-Pacific.
Market Segmentation & Coverage:
This research report categorizes the Drinking Water Pipe Repair Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Couplings, Fittings, Tapes & Adhesives, and Valves. The Couplings is further studied across Clams and Grip. The Couplings commanded largest market share of 33.13% in 2023, followed by Fittings.
Based on Repair Technology, market is studied across Open & Cut-pipe Repair, Remote Assessment & Monitoring, Spot Assessment & Repair, and Trenchless Pipe Repair. The Spot Assessment & Repair commanded largest market share of 34.39% in 2023, followed by Open & Cut-pipe Repair.
Based on Ownership, market is studied across Private and Public. The Public commanded largest market share of 69.18% in 2023, followed by Private.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 35.13% in 2023, followed by Asia-Pacific.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Drinking Water Pipe Repair Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Drinking Water Pipe Repair Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Drinking Water Pipe Repair Market, highlighting leading vendors and their innovative profiles. These include 3M Company, Advantage Reline, Aegion Corporation, Affordable Trenchless & Pipe Lining, Agru Kunstofftechnik GmbH, Amex Sanivar AG, Ashirvad Pipes Pvt Ltd., Astral Limited, Brawo Systems GmbH, Finolex Industries Limited, Henkel AG & Co. KGaA, HydraTech, LLC, JCM Industries, Inc., LEaC Shield Ltd., Mueller Water Products, Inc., MÜPRO GmbH, NORMA Group, Pidilite Industries Ltd., Pro Pipe, SealXpert Products Pte Ltd., Supreme Industries Limited, Sylmasta Ltd., T-ISS BV, Tesa SE, and U.S. Plastic Corp..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Drinking Water Pipe Repair Market, by Type
7. Drinking Water Pipe Repair Market, by Repair Technology
8. Drinking Water Pipe Repair Market, by Ownership
9. Americas Drinking Water Pipe Repair Market
10. Asia-Pacific Drinking Water Pipe Repair Market
11. Europe, Middle East & Africa Drinking Water Pipe Repair Market
12. Competitive Landscape
13. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Drinking Water Pipe Repair Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Drinking Water Pipe Repair Market?
3. What is the competitive strategic window for opportunities in the Drinking Water Pipe Repair Market?
4. What are the technology trends and regulatory frameworks in the Drinking Water Pipe Repair Market?
5. What is the market share of the leading vendors in the Drinking Water Pipe Repair Market?
6. What modes and strategic moves are considered suitable for entering the Drinking Water Pipe Repair Market?
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