EnergyInformation TechnologyPharmaceuticals

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.

Get sample PDF copy at: https://www.theinsightpartners.com/sample/TIPMC00002032/

The key players influencing the market 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

Versatile benefits of pipe relining
Factors such as rapid urbanization coupled with fast growing metro cities has boosted the infrastructure development especially in the past few decades. Subsequently significantly increasing the challenges associated with drainage and sewers repairs specifically in metro and densely populated cities. As a result, the demand for evasive and destructive repairs that require minimum changes to the existing infrastructure. Thus, the pipe relining offers an effective as well as efficient low cost alternative to the conventional drain & sewers repairs and renovation. The pipe relining solution through their low cost, durable, and long-lasting solution require minimal changes to the existing infrastructure through use of available technologies and provide seamless solutions to the existing drainage systems. As a result, the versatile benefits of the pipe relining solutions is expected to provide significant profitable opportunities for market players in the coming years.

Rise in number of ageing drainage infrastructure especially in urban areas
The increase in population coupled with growing economies have attributed in significant growth in number of densely populated cities especially among emerging economies in Asia and Africa. As a result, the demand for robust and extensive drainage system has risen in the past few years. However, the unprecedented growth in cities has profound impact over the drainage along with occurrences of natural hazards resulting in continuous maintenance and repairs of the existing drainage infrastructure. Moreover, the increase in emigrants towards popular cities and urban areas resulting substantial infrastructure development of has further added to the complexities associated with the efficient maintenances and management of ageing drainages & sewers across the majority of urban areas. As a result, the simultaneous growth in ageing drainage & sewers infrastructure is anticipated to provide numerous lucrative profitable business opportunities for the market players in the forecast period.

Solution Insight
In the global pipe relining market, the cured-in-place segment owing to comparative early introduction coupled with cost effectiveness and robustness of this solutions has attributed in its significant market share in the global pipe relining market. As a result, the segment accounted for almost more than half of the global market share by revenue in 2018 and is projected to maintain its market leading share in the coming years. Furthermore, factors such as availability of multiple range of options, cost effectiveness, safety and robustness is projected to result in the segment attractiveness for the end-user as well as the market players in the coming years. As a result, the cured-in-place (CPPP) segment is poised to witness the most attractive CAGR growth rate as well in the coming years. The internal pipe coating segment is expected to register a CAGR growth rate of 3.8% during the forecast period of 2018 to 2025 in the global pipe relining market.

Buy Now This Report at: https://www.theinsightpartners.com/buy/TIPMC00002032/

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Semiconductors, Healthcare, Manufacturing, Automotive and Defense.

Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com

Tags

Related Articles

Close