The global Trenchless Pipe Relining Market is projected to witness a growth rate of 4.6% annually from 2024 to 2030, with an anticipated size of US$ 8.4 billion by 2030, according to an analysis by Stratview Research.
Stratview Research, a global market research firm has launched a report on the global Trenchless Pipe Relining Market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
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Report Highlights
| Market Size in 2030 (billion US$) | 8.4 |
| Growth (CAGR) | 4.6% 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 Trenchless Pipe Relining Market:
The global Trenchless Pipe Relining Market is segmented based by application type, pipe diameter type, method type & Region
Based on application type: The market is segmented by application type into water main pipes, wastewater pipes, and others.
Wastewater pipes are likely to remain the most dominant segment during the forecast period. Meanwhile, water main pipes are projected to witness the fastest growth in the market during the forecasted period.
The extensive network faces frequent wear and tear, promoting cost-effective rehabilitation methods. Demand for wastewater pipes will grow to align with environmental safety needs.
Based on method type: The market is segmented by method type into CIPP, Slip-lining, SIPP, and Others. CIPP is the most dominant method and is likely to remain so for the mentioned duration.
The dominance of CIPP technology in the market is mainly due to its various benefits, such as a fast and easy installation process, longer life cycles, and better performance over competing technologies.
The installation rate of CIPP linings is five times faster than the trenched replacement of full pipelines. It is the most preferred technique to mitigate the cost and avoid disturbance.
Based on diameter type: Based on diameter, the market is segmented into three sub-segments, which are <18-inch pipes, 18-36-inch pipes, and >36-inch pipes, and <18-inch pipes are the most preferred diameter type in the market.
Smaller pipes are often employed in areas with dense populations where trenchless relining methods can mitigate the disruptions caused by excavation.
Cost-effectiveness is also a key reason behind the dominance of <18-inch pipes. Frequent maintenance demands high investment from the municipal authorities, making these pipes’ cost-efficiency the most preferred.
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Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that North America enjoys the lion’s share and is expected to remain the largest market for trenchless pipe relining during the forecast period. This growth outlook is majorly attributed to the following–
- The USA is the growth engine of the North American market. It is not only the largest market for trenchless pipe relining in North America but also in the world. The country is also among the early movers in trenchless pipe relining through advanced technologies.
- Asia-Pacific is projected 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 relining.
- Incessantly increasing the infrastructure budget to reduce water loss and improve water quality is another major demand booster of the Asia-Pacific’s trenchless pipe relining market.
Trenchless Pipe Relining Market Drivers:
- The trenchless pipe relining market is mainly driven by an aging existing pipeline network coupled with a surge in government and municipal corporations’ spending toward repairing and maintaining existing pipes.
- Aging pipeline infrastructure, increasing pipe deterioration rate, growing population, and urbanization in key countries, such as the USA, Germany, and Canada, are troubling government and municipal corporations. All these factors have led to an increased focus on trenchless pipe relining techniques to reduce potable water loss and rehabilitate infrastructure while avoiding traffic jams and the destruction of landscaping.
- As per recently published data, the USA alone has more than 17.9 billion feet of installed pipelines, most of which were laid in mid of the 20th Century. Similarly, in the European Union States, around 23 billion feet of pipes have been in operation over the last 100 years. In Japan, about 15% of water pipes have outlived their 40-year duration as of fiscal 2016; thus, they require up-gradation. Between 2012 and 2018, the water main break rates increased by 27% in the USA and Canada.
- Every day, around 6 billion gallons of treated water in the USA are lost due to the deterioration of pipes. Similar trends were also recorded in other major countries, including Germany, France, and China.
Top 10 Companies in the Trenchless Pipe Relining Market:
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
- Michels Corporation
- SAERTEX Multicom® GmbH
- IMPREG Group
- Ashimori Industry Co., Ltd.
- Spinello Companies
What Deliverables Will You Get in this Report?
| Key questions this report answers | Relevant contents in the report |
| How big is the sales opportunity? | In-depth analysis of the Trenchless Pipe Relining Market |
| How lucrative is the future? | Market forecast and trend data and emerging trends |
| Which regions offer the best sales opportunities? | Global, regional, and country-level historical data and forecasts |
| Which are the most attractive market segments? | Market segment analysis and forecast |
| Who are the top players and their market positioning? | Competitive landscape analysis, Market share analysis |
| How complex is the business environment? | Porter’s five forces analysis, PEST analysis, Life cycle analysis |
| What are the factors affecting the market? | Drivers & challenges |
| Will I get the information on my specific requirements? | 10% free customization |
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