Growing demand for cured-in-place solution will escalate the Pipe Relining Market at a CAGR of 4.3%
Latest market study on Pipe Relining to 2025 by Solution (Cured-in-place, Pull-in-place, Pipe Bursting and Internal Pipe Coating) – Global Analysis and Forecast, the Pipe Relining market is estimated to reach US$ 10,058.3 Mn by 2025 from US$ 7,265.3 Mn in 2017. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.
The global pipe relining market for the solution type is further fragmented into Cured-in-place, Pull-in-place, Pipe Bursting and Internal Pipe Coating. The segmentation is based upon need for different type of solutions used in pipe relining industry. Cured in place pipe relining solution in the pipe relining market acquires the biggest share of more than 50% in 2017, followed by pull in place, and pipe bursting. CIPP technology is appropriate for quickly and efficiently repairing sections of sewer pipe, which are still in fairly good condition but requires added strength. This technology helps in extending lifespan of underground sewer lines, which are too expensive to excavate and replace.
Owing to the ageing infrastructure of developed economies, countries are anticipated to invest in trenchless technology. Pipe relining is an affordable, safe, cost-efficient way to reduce public disturbances while completion of task is thus, a viable option for restorable of pipelines.
There has been constant development in pipe relining industry. Recently, Nu Flow Technologies expanded its manufacturing proficiency in order to support global growth. Nu Flow Technologies stated its move towards the expansion of manufacturing facility in Ontario, Canada. The newly constructed 38,000 square foot plant is 25% larger which contains a metal fabrication shop, research and development laboratory, painting facilities, and a chemical formulation area to address increasing demand.
Some of the leading pipe relining market players 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, and Aegion Corporation, among others.
The report segments the global Pipe Relining market as follows:
Global Pipe Relining Market – By Solution Type
Internal Pipe Coating
Global Pipe Relining Market – By Geography
Rest of Europe
Asia Pacific (APAC)
Rest of APAC
Middle East & Africa (MEA)
Rest of MEA
South America (SA)
Rest of SA
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