According to the recent study the trenchless pipe relining market is projected to reach an estimated $4 billion by 2030 from $3 billion in 2023, at a CAGR of 5.5% from 2023-2030. Growth in this market is primarily driven by the growing number of aging existing pipeline network coupled with a surge in spending of government and municipal corporations towards repair and maintenance of existing pipes.
Browse 98 figures/charts
and 78 tables in this 183-page report to understand trends, opportunities and
forecast in trenchless pipe relining market by method type (CIPP, slip-lining,
SIPP, and others), application (water main pipes, wastewater pipes, and
others), diameter (<18 inch, 18-36 inch, and >36 inch), and region (North
America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that
CIPP pipe relining will remain the largest segment, and it is also expected to
witness the highest growth over the forecast period due to its fast and easy
installation process, longer life cycle, and better performance over competing
technologies. The CIPP lining installation rate is five times faster than the
trenched replacement.
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trenchless pipe relining market.
Within the global
trenchless pipe relining market, water main and wastewater pipes are the major
application segments. Wastewater pipes will remain the largest application
segment over the forecast due to aging infrastructure of developed economies is
likely to fuel the demand for the wastewater segment in trenchless pipe
relining activities. Water main pipes segment is expected to experience the
fastest growth over the forecast period due to
government norms related to the material used for the lining of water
main pipelines in order to prevent contamination of injurious substances of
liners with the potable drinking water.
APAC will remain the
fastest growing region over the forecast period due to high rate of development
in countries, such as Japan and South Korea and increasing adoption of new
technologies in developing economies.
Inland Pipe
Rehabilitation, LLC. (IPR), Granite Construction Inc., Aegion Corporation,
NuFlow Technologies, Waterline Renewal Technologies, Per Aarsleff, and SAK
Construction, LLC are the major suppliers in the trenchless pipe relining market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com.
About Lucintel
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unmet needs analysis. We are based in
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years. We are quoted in several publications like the Wall Street Journal,
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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