Trenchless Pipe Relining Market Size and Forecast (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Method (Cured in Place Pipe, Pull-in-Place, Pipe Bursting, and Internal Pipe Coating), End User (Residential, Commercial, Industrial, and Municipal), and Diameter (Below DN 50, DN 51–DN 150, DN 151–DN 250, and Above DN 251)
The trenchless pipe relining market was valued at US$ 2,777.26 million in 2022 and is projected to reach US$ 4,242.56 million by 2030; the market is expected to register a CAGR of 5.4% during 2022–2030.
The trenchless pipe relining market has been segmented on the basis of method, diameter, end user, and geography. On the basis of method, the trenchless pipe relining market is segmented into cured-in-place pipe (CIPP), pull-in-place, pipe bursting, and internal pipe coating. Based on diameter, the trenchless pipe relining market is segmented into below DN 50, DN 51–DN 150, DN 151–DN 250, and above DN 251. By end user, the trenchless pipe relining market is classified into residential, commercial, industrial, and municipal. In terms of geography, the trenchless pipe relining market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.
In terms of value, the trenchless pipe relining market in United States was valued at US$ 622.82 million in 2022 and is projected to reach US$ 908.02 million by 2030; it is expected to register a CAGR of 4.8% from 2022 to 2030.
Pipeline transportation is one of the safest and most cost-effective distribution methods. As the US continues to develop and witness more demand for water from various sectors, it becomes necessary to invest in pipeline infrastructure upgradation, including aging pipelines. Aging pipelines in the US can lead to severe consequences. The US has over two and a half million miles of pipeline, half of which is over 50 years old. According to Utility Cloud, most of these pipes were built in the first half of the 20th century (i.e., between the late 1890s and the late 1940s), and many of them are reaching the end of their lifespan. Such aging infrastructure led to high water-loss rates from leaks in the water distribution network system. The US Environmental Protection Agency (EPA) project's water pipe replacement rates will peak by 2035, with 16,000–20,000 miles of pipes requiring repairs per year.
Notably, the Midwest and Southeast regions have experienced high rates of pipe breakage in recent years, contributing to substantial water loss from distribution network leaks. In November 2021, to tackle this infrastructure challenge, President Biden took a decisive step by signing the Bipartisan Infrastructure Law—also known as the Infrastructure Investment and Jobs Act. This groundbreaking legislation allocates over US$ 50 billion in investment over the next 5 years, marking the largest financial commitment in American history to enhance infrastructure for drinking water, wastewater, water reuse, sewage, and water storage. With a focus on modernizing and securing water distribution networks, the trenchless pipe relining market is well-positioned to benefit from this historic investment, ensuring more resilient and efficient water treatment systems across the nation. Such factors are contributing to the growth of the trenchless pipe relining market in the US.
The trenchless pipe relining market forecast is estimated on the basis of various secondary and primary research findings such as key company publications, association data, and databases. The trenchless pipe relining market report emphasizes the key factors driving the market and depicts the developments of prominent players. Saertex Multicom GmbH, Sanikom d.o.o., United Felts Inc., Vortex Co LLC, NuFlow Technologies Inc., Brawo Systems GmbH, Trelleborg AB, RELINEEUROPE GmbH, Relining Group International Oy, and Waterline Renewal Technologies Inc are among the key players covered in the trenchless pipe relining market report. The report includes growth prospects in light of current trenchless pipe relining market trends and driving factors influencing the market.
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the trenchless pipe relining market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the trenchless pipe relining market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distributionSave and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the trenchless pipe relining market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the trenchless pipe relining market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution