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The pipe relining market is expected to grow from US$ 8,162.86 million in 2021 to US$ 11,236.02 million by 2028; it is estimated to grow at a CAGR of 4.7% from 2021 to 2028.
Technological advancements resulting in the development of superior equipment and technology-driven solutions help improve pipeline repair and maintenance related services. The cured-in-place pipe relining (CIPP) based solution type remains more accessible than conventional pipeline repair process as it offers evolutionary advantages in terms of costs, efforts, and efficiency of pipeline repair when compared with traditional methods that involved digging the damaged pipes. Thus, presently a substantial number of companies operate in the global pipe relining market with a notable number of companies with a regional focus. A few companies, such as Roto-Rooter Group, Inc.; Nu Flow Corporate; and Aegion Corporation, have a prominent global presence with strong regional presence and market competencies. Factors such as a rising number of aging pipeline infrastructure and growing stringent leakage and damage-related regulations by numerous government organizations and safety standard regulatory agencies propel the growth of the market.
The demand for pipe relining is growing substantially owing to the increasing popularity of technologically advanced methods to fix the damage in pipes. APAC is expected to witness the highest CAGR during the forecast period owing to high rate of development in countries, such as Japan and South Korea, and increasing adoption of new technologies in countries, such as Japan and China. The global pipe relining market is expected to grow at a significant rate owing to the strong oil & gas industry and government initiatives regarding the maintenance of pipeline networks. North America is a highly advanced region. The growing popularity of cost-effective methods for repairing the damages in pipes across the region is expected to support the growth of the North America pipe relining market.
Pipe Relining Market -
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Pipe Relining Market: Strategic Insights
Market Size Value in US$ 8,162.86 million in 2021 Market Size Value by US$ 11,236.02 million by 2028 Growth rate CAGR of 4.7% from 2021 to 2028. Forecast Period 2021- 2028 Base Year 2021
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Pipe Relining Market: Strategic Insights
| Market Size Value in | US$ 8,162.86 million in 2021 |
| Market Size Value by | US$ 11,236.02 million by 2028 |
| Growth rate | CAGR of 4.7% from 2021 to 2028. |
| Forecast Period | 2021- 2028 |
| Base Year | 2021 |
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Impact of COVID-19 Pandemic on Pipe Relining Market
The COVID-19 outbreak had dramatically impacted the global economy during its peak in 2020 in its initial days, and the crisis has hampered the business activities in the oil & gas industry significantly. Before the outbreak, the pipe relining market was experiencing substantial growth owing to the growing demand for advanced relining technology, rising aged infrastructure, and growing instances of leakages due to cracks and repairs. In pre-pandemic scenario, there were significant investment initiatives in pipeline relining technology owing to rising need for trenchless detection technique.
With ease in restrictions and reopening of business units, the adoption of pipe relining is rising. From the second half of 2020, market players have significantly invested in adopting advanced technology leveraging the demand for pipe relining making it intelligent and efficient. The pandemic has forced businesses to restructure their business models by focusing on strengthening the strategies to achieve the large portion of market share. The market has achieved a strong recovery from the pandemic and expected to grow in the coming years owing to the rising adoption of advanced relining technology across the globe.
Global Pipe Relining Market – Geographic Overview
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Pipe Relining Market Insights
Rising Demand for Sewage Restoration due to Aging Infrastructure of Developed Economies Propels Pipe Relining Market
Rising Demand for Sewage Restoration due to Aging Infrastructure of Developed Economies Propels Pipe Relining Market
Many developed economies across the globe are facing major challenges of aging water infrastructure. Various cities are witnessing continuous growth and urbanization, resulting in a burgeoning need for restoration of pipeline systems. Several European cities are the oldest in the world. Thus, there is a growing concern of the aging infrastructure, unreachable water systems, and smaller pipelines. Underground water infrastructure, sewage maintenance, and clean water supply are among the most financially neglected key areas in the European infrastructure. The cities and municipalities are at major risk and need to find an immediate and cost-effective solution. Since the water infrastructure across the majority of the EU member states is aging, the European Commission is in a crucial need to invest in it. Moreover, as per the Infrastructure Australia report, the country’s water and sewage expenses may double by 2040. The aging infrastructure of the country is resulting in additional expenditure for the maintenance of aged pipes. The report estimated that properties supplying water and sewerage might increase by around three million during the next 20 years in Australia.
In addition, in May 2020, Upper Arlington, a city in Ohio, US, awarded Performance Pipelining Inc. a US$ 1 million project to fix the pipelines of untreated sewage. Majority of the project involved the installation of linings in existing public and private sanitary sewers across the city. Also, in August 2020, the government of Chennai, India approved the restoration of Chennai’s waterways project. For the first phase of this project, the government sanctioned ~US$ 136 million. Thus, such growing demand for sewage restoration from developed economies is boosting the market growth.
Owing to the ageing infrastructure of developed economies, countries invest in trenchless technology. Pipe relining is an affordable, safe, and cost-efficient way to reduce public disturbances while completing the task. Therefore, it is a viable option to restore pipelines.
Pipe Relining Market - Solution Type Insights
Based on solution type, the pipe relining market is segmented into cured-in-place pipe (CIPP), pull-in-place, pipe bursting, and internal pipe coating. The cured-in-place pipe (CIPP) segment accounted for the largest pipe relining market share in 2020 and is expected to register the highest CAGR in the market during the forecast period..
Pipe Relining Market, by Solution Type – 2020 and 2028
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Pipe Relining Market - End User Insights
Based on end user, the pipe relining market is segmented into oil & gas, chemicals, municipal, and others. The oil & gas sector extensively uses pipelines for transportation and distribution purposes. Further, the gas industry using pipelines for transportation faces a few distinctive challenges, such as erosion of pipelines due to electrochemical reactions and catastrophic damages in case of any failure, and is subject to strict regulations from various government and authorized bodies. Thus, the oil & gas segment is expected to hold potential market share during the forecast period.
Advanced Trenchless Inc., Inland Pipe Rehabilitation (IPR) LLC, Roto-Rooter Group Inc., Silverlining Holding Corporation, Nu Flow Corporate, Perma-Liner Industries LLC, RPB Inc, Specialized Pipe Technologies, Pipe Restoration Solutions, and Aegion Corporation are a few of the players operating in the pipe relining market.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Solution Type and End User
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, UAE, UK, US
Frequently Asked Questions
Greater value over traditional pipe restoration methods is resulting in its increased adoption during. the recent past, property managers, municipalities, as well as homeowners have made use of traditional methods for pipe replacement to fix leaking, cracking, and root-intruded issues in their pipes. The traditional process includes trenching and is extremely time-consuming. Apart from being a slow process, the traditional renovation of pipes can be costly, particularly when the damaged pipes are located underneath landscaped lawns or tiled flooring, or behind finished walls. Thus, the method of traditional replacement involves the destruction of all the things that are covering the pipe. If the pipes are situated under the ground, the system has to be shut down; subsequently, the concrete base needs to be dug up and removed, together with any fill..
North America led the market with a revenue share of more than 30% in 2020. Further, MEA is expected to register the highest CAGR in the market during the forecast period.
Pipe relining helps in repairing broken or damaged pipes without the need to replace sewer lines or to trench wholly. If the damaged sewer lines are under the trees, driveways, sidewalks, near extensive landscaping, or other semi-permanent features, the excavation of sewer may lead-heavy investments as well as collateral damage to the nearby area. In several cases, the relining of a pipe is thus considered as a viable alternative for sewer pipe replacement. The various types of pipe relining include Cured-in-Place Pipe (CIPP), Pull-in-Place, Pipe Bursting, and internal Pipe Coating.
Roto-Rooter; Aegion Corporation; Perma-Liner Industries LLC; and Pipe Restoration Solutions are the key players in the Pipe relining market. These companies have shown consistent growth in revenue and larger volumes of sales. Additionally, the well-established top five players are offering a comprehensive product portfolio and have a prominent presence in terms of share in the Pipe relining market.
The market is estimated to register a CAGR of 4.7% during the forecast period. The pipe relining market, based on geography, is primarily segmented into North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA), and South America (SAM).
The Chemicals segment is expected to grow at the fastest CAGR during the forecast period. The chemicals used inside the pipelines for transportation purposes engage in certain chemical reactions with the metals that leads to its degradations. Hence, these pipes are highly prone to damage and require frequent restoration.
The List of Companies - Pipe Relining Market
- ADVANCED TRENCHLESS INC.
- INLAND PIPE REHABILITATION LLC
- Roto-Rooter
- SilverLining Holding Corporation
- Aegion Corporation
- Specialized Pipe Technologies
- Nu Flow Corporate
- Perma-Liner Industries LLC
- RPB Inc
- Pipe Restoration Solutions
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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