According to the latest market research study on “Pipe Relining Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Solution Type and End User,” the market was valued at US$ 8,162.86 million in 2021 and is projected to reach US$ 11,236.02 million by 2028; it is expected to grow at a CAGR of 4.7% from 2021 to 2028.
Greater Value Over Traditional Pipe Restoration Methods Propels Pipe Relining Market Growth
In the past, property managers, municipalities, and homeowners used traditional methods for pipe replacement to fix leaking, cracking, and root-intruded issues in their pipes. The traditional process consists of trenching and is extremely time-consuming. Also, 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 traditional replacement method 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. The pipes will then be removed and discarded. After that, the installation of new pipes will take place, followed by a testing process. Once the process is completed after so much interruption, the pipes will become operational. At the end, the contractors will need to restore the destroyed landscape and parts of the building. Thus, associated advantages of pipe relining technology over the traditional methods is fueling the growth of pipe relining market.
The pipe relining process helps in the restoration of pipes without any devastation and in the protection of pipes from several kinds of failures such as corrosion, debris buildup, root intrusion, and leaks. Further, it is a trenchless method of restoration that does not require excavation. Thus, the pipe relining technology is considered as the most effective and emerging solution for restoration of damaged pipe systems outside and inside of buildings which is augmenting the adoption of pipe relining technology fueling the pipe relining market growth. Furthermore, the pipe liners help in protecting the carried substances from mixing with metals inside the pipes that can cause lead leaching or decomposition. Pipe relining is an appropriate solution for drain lines and portable water lines restoration. The technology can be used for vertical applications, mechanical systems, and roof drains which is further propelling the pipe relining market growth over the coming years.
Additionally, pipe relining can help increase pipe flow which is further driving the pipe relining market. For instance, in November 2021, Capital Sewer Services (CSS) achieved a contract worth US$ 23.25 million for project in Toronto, Canada to rehabilitate around 2,280 m of trunk sewers highlighting the benefits of several trenchless methods, such as cured-in-place pipe (CIPP) lining, glass reinforced plastic (GRP) sliplining, and spray-applied shotcrete lining. Thus, the growing adoption of pipe relining owing to its associated advantages is propelling the growth of pipe relining market.
Many of the developed economies across the globe are facing major challenges owing to their aging water infrastructure. These cities are further witnessing continuous growth and urbanization, resulting in a burgeoning need for restoration of pipeline systems which is anticipated to drive the growth of pipe relining market. Several of the European and North American cities are the oldest in the world. Thus, there is a growing concern of the aging infrastructure, unreachable water systems, and smaller pipelines. The condition of underground water infrastructure, sewage maintenance, and clean water supply is some of the key areas needs financial assistance. The cities and municipalities are at major risk and need to find an immediate and cost-effective solution. Thus, aging infrastructure and rapid growth in urbanization are the prominent factors attributed to the growth of pipe relining market over the forecast period.
On the basis of geography, the pipe relining market is segmented into five key regions - North America, Europe, APAC, the MEA, and SAM. North America held the largest pipe relining market share in 2020. The pipe relining market growth in the region is attributed due to growing aging pipeline infrastructure and rising investment in maintaining sewerage line. North America is a technologically advanced region and has a strong infrastructure sector, with companies continuously focusing on exploring new technologies to improve efficiency. The municipal treatment plants are quite old and carry an aged infrastructure, and as the population is growing in the region, releases from these wastewaters are becoming a problem for the surface water facilities. Pipeline relining is proved to be highly beneficial as it is inexpensive in comparison to replacing the existing pipeline by digging. Also, the downtime for repairing the sewer pipe by curing them from inside is also very low. A quick fix can be done on the sewer pipe and prevent any harmful release of toxicants into the surface water and other environmental bodies. The demand for quick and cost-effective solutions in the construction sector in the country is expected to support the growth of the pipe relining market. Sewer infrastructure is rapidly aging, and with the timely interventions from the Environmental Protection Agency (EPA) in the US, it is anticipated to drive the market growth in the US. The wide pipeline networks are implemented in Canada for commercial and domestic residences complexes. The pipe relining market size is increasing at faster pace in coming years owing to growing need for restoration of pipe line infrastructure and aged pipeline facilities. The pipe relining market is, therefore, expected to grow at a steady pace in the country.
Reasons to Buy
Greater Value Over Traditional Pipe Restoration Methods Propels Pipe Relining Market Growth
In the past, property managers, municipalities, and homeowners used traditional methods for pipe replacement to fix leaking, cracking, and root-intruded issues in their pipes. The traditional process consists of trenching and is extremely time-consuming. Also, 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 traditional replacement method 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. The pipes will then be removed and discarded. After that, the installation of new pipes will take place, followed by a testing process. Once the process is completed after so much interruption, the pipes will become operational. At the end, the contractors will need to restore the destroyed landscape and parts of the building. Thus, associated advantages of pipe relining technology over the traditional methods is fueling the growth of pipe relining market.
The pipe relining process helps in the restoration of pipes without any devastation and in the protection of pipes from several kinds of failures such as corrosion, debris buildup, root intrusion, and leaks. Further, it is a trenchless method of restoration that does not require excavation. Thus, the pipe relining technology is considered as the most effective and emerging solution for restoration of damaged pipe systems outside and inside of buildings which is augmenting the adoption of pipe relining technology fueling the pipe relining market growth. Furthermore, the pipe liners help in protecting the carried substances from mixing with metals inside the pipes that can cause lead leaching or decomposition. Pipe relining is an appropriate solution for drain lines and portable water lines restoration. The technology can be used for vertical applications, mechanical systems, and roof drains which is further propelling the pipe relining market growth over the coming years.
Additionally, pipe relining can help increase pipe flow which is further driving the pipe relining market. For instance, in November 2021, Capital Sewer Services (CSS) achieved a contract worth US$ 23.25 million for project in Toronto, Canada to rehabilitate around 2,280 m of trunk sewers highlighting the benefits of several trenchless methods, such as cured-in-place pipe (CIPP) lining, glass reinforced plastic (GRP) sliplining, and spray-applied shotcrete lining. Thus, the growing adoption of pipe relining owing to its associated advantages is propelling the growth of pipe relining market.
Many of the developed economies across the globe are facing major challenges owing to their aging water infrastructure. These cities are further witnessing continuous growth and urbanization, resulting in a burgeoning need for restoration of pipeline systems which is anticipated to drive the growth of pipe relining market. Several of the European and North American cities are the oldest in the world. Thus, there is a growing concern of the aging infrastructure, unreachable water systems, and smaller pipelines. The condition of underground water infrastructure, sewage maintenance, and clean water supply is some of the key areas needs financial assistance. The cities and municipalities are at major risk and need to find an immediate and cost-effective solution. Thus, aging infrastructure and rapid growth in urbanization are the prominent factors attributed to the growth of pipe relining market over the forecast period.
Key Findings of Study:
On the basis of geography, the pipe relining market is segmented into five key regions - North America, Europe, APAC, the MEA, and SAM. North America held the largest pipe relining market share in 2020. The pipe relining market growth in the region is attributed due to growing aging pipeline infrastructure and rising investment in maintaining sewerage line. North America is a technologically advanced region and has a strong infrastructure sector, with companies continuously focusing on exploring new technologies to improve efficiency. The municipal treatment plants are quite old and carry an aged infrastructure, and as the population is growing in the region, releases from these wastewaters are becoming a problem for the surface water facilities. Pipeline relining is proved to be highly beneficial as it is inexpensive in comparison to replacing the existing pipeline by digging. Also, the downtime for repairing the sewer pipe by curing them from inside is also very low. A quick fix can be done on the sewer pipe and prevent any harmful release of toxicants into the surface water and other environmental bodies. The demand for quick and cost-effective solutions in the construction sector in the country is expected to support the growth of the pipe relining market. Sewer infrastructure is rapidly aging, and with the timely interventions from the Environmental Protection Agency (EPA) in the US, it is anticipated to drive the market growth in the US. The wide pipeline networks are implemented in Canada for commercial and domestic residences complexes. The pipe relining market size is increasing at faster pace in coming years owing to growing need for restoration of pipe line infrastructure and aged pipeline facilities. The pipe relining market is, therefore, expected to grow at a steady pace in the country.
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the 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 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
Table of Contents
1. Introduction
3. Research Methodology
4. Global Pipe Relining Market Landscape
5. Global Pipe Relining Market - Key Market Dynamics
6. Pipe Relining - Global Market Analysis
7. Global Pipe Relining Market Analysis - By Solution Type
8. Global Pipe Relining Market Analysis - By End user
9. Global Pipe Relining Market - Geographic Analysis
10. Pipe Relining Market- COVID-19 Impact Analysis
11. Pipe Relining Market-Industry Landscape
12. Key Company Profiles
13. Appendix
List of Tables
List of Figures
Executive Summary
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.The players operating in the pipe relining market witness steady business growth opportunities due to the rising number of aging pipeline infrastructure across different industry verticals. The substantial presence of aging pipelines across end user industries, such as oil, gas, chemical, municipal, and commercial industries, significantly contributes to the market growth. The oil & gas industry owing to its significantly vast network of the pipeline due to enormous scope of application across commercial, industrial, and residential end users demands seamless and uninterrupted operation through continuous maintenance and repair activities. The pipe relining market growth is primarily attributed to growing number of aging pipelines and rapid growth in urbanization.
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 market share in 2020 and is expected to register the highest CAGR in the market during the forecast period. The market for the cured-in-place pipe (CIPP) segment is further segmented into patch or spot repair and liner or longer repair. CIPP technology is appropriate to repair the sections of sewer pipe quickly and efficiently, which are still in fairly good condition but require added strength. The CIPP technology is mostly suitable for systems including larger diameter and underground sewer lines and drain that include very expensive access costs and have fewer concerned connections. Thus, the market for the CIPP segment is anticipated to grow during the forecast period.
Based on end user, the pipe relining market is segmented into oil & gas, chemicals, municipal, and others. The oil & gas segment accounted for a larger market share in 2020. The oil & gas sector has the most extensive use of pipelines across the world for transportation and distribution purposes. Further, the gas industry for transportation using pipelines faces some distinctive challenges such as erosion of pipelines due to electrochemical reactions, catastrophic damages in case of any failure. Thus, oil & gas segment is estimated to hold potential share for pipe relining market over the forecast period.
The pipe relining market in North America held the largest market share in 2020. Pipelines in North American countries are used to transport gas, liquids, and petroleum products from production areas to refineries to consumers and manufacturers. Major part of the pipeline built in the region is buried under the ground and only the pump stations are visible above the surface. Furthermore, the water and wastewater infrastructure is managed by various governing bodies in North America. The region has a strong infrastructure sector, with companies continuously focusing on exploring new technologies to improve efficiency.
Asia Pacific is the second largest market for pipe relining market share. The region has enormous growth potential owing to the presence of fast-growing countries such as China, Japan, and India. Further, large population in the region has led to rising energy demands and is the prime driving force in the growth of the pipeline infrastructures. Climatic conditions in the region are harsh and hence have high effects on the pipelines. The defects in the pipelines may occur due to internal actions over the course of time. Thus, to cure the condition of these pipelines internally, the demand for pipe relining is expected to increase during the forecast period.
Europe holds potential share for the pipe relining market, which is primarily attributed to the aging infrastructures of sewerage and wastewater treatment and growing need for repairing and restoration of pipelines. Also, in 2021, with the relaxation of lockdown measures and rise in trading activities fuelled the market again. Hence, the market outlook for pipe relining has gained momentum.
A few of the major players operating in the pipe relining market report are 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.
The pipe relining market size has been derived using both primary and secondary source. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the pipe relining market.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 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
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 157 |
| Published | March 2022 |
| Forecast Period | 2021 - 2028 |
| Estimated Market Value ( USD | $ 8162.86 Million |
| Forecasted Market Value ( USD | $ 11236.02 Million |
| Compound Annual Growth Rate | 4.7% |
| Regions Covered | Global |
