Trenchless Pipe Rehabilitation Market is Forecasted to Reach US$ 9.7 Billion in 2030, Says Stratview Research

Stratview Research, a global market research firm, has launched a report on the global Trenchless Pipe Rehabilitation Market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more.

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Market Statistics:

Market Size in 2023: US$ 6.9 billion

Market Size in 2030: US$ 9.7 billion

Growth (CAGR): 4.7% during 2024-2030

Cumulative Sales Opportunity 2024 to 2030: 60.2 billion

Leading Application Type: Wastewater pipes

Leading Method Type: CIPP

Leading Diameter Type: <18-inch pipes

Leading Region: North America

Forecast Period: 2024-2030

Trend Period: 2019-2023

Base Year: 2024

Number of Segments Covered: 4

Number of Tables & Graphs: 100+

Country-Level Market Assessment: 20

Segment Insights & Market Share Analysis of the Trenchless Pipe Rehabilitation Market:

The global Trenchless Pipe Rehabilitation Market is segmented based on application type, method type, pipe diameter type and region.

Based on Application Type

· The market is segmented by application type into water main pipes, wastewater pipes, and others. All three applications are estimated to witness promising growth in the years to come.

· Wastewater pipe is forecasted to emerge as the biggest whereas water main pipe is the most rapidly expanding category of the market during the mentioned period.

·  Trenched pipe repair usually takes twice the time as trenchless pipe rehabilitation, increasing costs considerably. Furthermore, repairing the trenched pipe requires digging up the whole yard, which could destroy other permanent structures present in the yard.

· To avoid that cost and disturbance, a wide range of trenchless pipe rehabilitation methods are available. CIPP is the most preferred method for the rehabilitation of wastewater pipes.

Based on Method Type

· The market is segmented by method type into CIPP, Pipe Bursting, Slip-lining, SIPP, and Others.

·  CIPP is projected to remain the most dominant method during the forecast period, whereas pipe bursting remains the fastest-growing method during the same period.

· The high penetration of the CIPP technology is mainly due to its excellent performance over competing technologies and its applicability in a wide range of pipe diameters. The installation time of the CIPP liner is five times faster than that of a full pipe replacement.

Based on Diameter Type

·  <18-inch Pipes will maintain its lead over other pipes in the forecasted period. It is estimated to grow at a CAGR of 5% superior to 18-36 inch pipes and >36 inch pipes.

·  Trenchless rehabilitation techniques are most apt for small pipe diameters. Cured-in-place pipe (CIPP), spray-applied liners, and pipe bursting are all mature and widely applied to pipes smaller than 18 inches.

·   Municipal water and sewer systems for small-diameter pipes (<18 inches) mostly use residential and urban distribution. These small pipes represent a large segment of existing infrastructure.

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Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that Asia-Pacific is expected to register the fastest growth rate in the forecasted period. This growth outlook is majorly attributed to the following–

-   Asia-Pacific is expected to witness the fastest growth during the forecast period, primarily driven by Japan, China, and Australia.

-   Aging pipeline infrastructure in key economies of the region is driving the demand for trenchless pipe rehabilitation.

-   Incessantly increasing the infrastructure budget to decrease water loss and improve water quality and a continuous shift towards trenchless technologies are the major demand boosters of the Asia-Pacific trenchless pipe rehabilitation market.

Trenchless Pipe Rehabilitation Market Drivers:

Some of the key drivers listed in the report are given below.

· The market is mainly driven by increased government and municipal corporations spending on infrastructure rehabilitation in various countries.

·  Increasing awareness towards trenchless (no-dig) technologies in many nations, especially emerging economies, catalyzes market growth.

·  Aging water main and wastewater pipelines in significant markets, such as the USA, Germany, and Canada, coupled with the increased traction towards trenchless pipe rehabilitation technologies, are paving the way for astounding market growth across regions.

Competitive Landscape: Top 10 Companies in the Trenchless Pipe Rehabilitation Market:

The market is moderately fragmented, with over 20 players. Most of the major players compete on some of the governing factors, including price, service offerings, regional presence, etc. Stratview Research has identified the following companies as the top market players:

·  Aegion Corporation

·  PURIS Corporation

·  Per Aarsleff A/S

·  SAK Construction, LLC

·   Reline UV Group

·   SAERTEX Multicom® GmbH

·   IMPREG Group

·   Ashimori Industry Co, Ltd.

·   Michels Corporation

·   Spinello Companies

What Unique Insights Does This Report Offer?

This report provides comprehensive insights into the data center liquid cooling market, answering critical questions like

-       How big is the sales opportunity?

-       Which regions offer the best sales opportunities?

-       Which are the most attractive market segments?

-       Which are the top players and their market positioning?

-       How complex is the business environment?

-       What are the factors affecting the market?

For Customization or Any Other Queries, get in Touch with our industry experts at sales@stratviewresearch.com

Related Reports:

-       Sprayed-in-Place Pipe Market 

-         Cured-in-Place Pipe (CIPP) Market

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Stratview Research is a global market research and consulting firm that highly specializes in IT & telecom, aerospace & defense, chemicals, and a few other industries.

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