Press release
North American Trenchless Pipe Rehabilitation Market is Forecasted to Reach US$ 5.6 billion in 2030, Says Stratview Research
The global North American Trenchless Pipe Rehabilitation Market is projected to witness a growth rate of 4.7% annually from 2024 to 2030, with an anticipated size of US$ 5.6 billion in 2030, according to an analysis by Stratview Research.Stratview Research, a global market research firm has launched a report on the global North American Trenchless Pipe Rehabilitation Market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
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Report Highlights:
Market Size in 2030: US$ 5.6 billion
Growth (CAGR): 4.7% during 2024-2030
Forecast Period: 2024-2030
Trend Period: 2018-2022
Base Year: 2023
Number of Segments Covered: 4
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20
Segment Insights on the North American Trenchless Pipe Rehabilitation Market:
The global North American Trenchless Pipe Rehabilitation Market is segmented application type, method type, pipe diameter type, and region
Based on application type: The North American trenchless pipe rehabilitation market is segmented by application type into water main pipes, wastewater pipes, and others. Wastewater pipe is likely to emerge as the biggest whereas water main pipe is the most rapidly expanding category during the mentioned period.
Although all three applications are expected to grow in the coming years, water main pipe is expected to remain the most prominent and the fastest-growing category during the projected period. The dominance of water main pipes is due to the intense focus of authorities on conserving clean drinking water paired with an extensive network of water main pipes in the region.
Based on method type: The market is segmented by method type into CIPP, pipe bursting, slip-lining, SIPP, and other methods. CIPP is expected to be the dominant segment. In contrast, pipe bursting is scheduled to be the fastest-growing method type in the trenchless pipe rehabilitation market over the next five years. CIPP is likely the market's most prominent approach, owing to its longevity, high abrasion resistance, and ability to provide structural strength to the host pipe.
Based on the pipe diameter type: The market is segmented as 36-inch pipes. 36-inch pipes. Due to the vast application of pipes in this category, the
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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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