Trenchless Pipe Rehabilitation Market is Likely to Reach US$ 6.4 Billion in 2025, Says Stratview Research

DETROIT, Oct. 31, 2019 /PRNewswire/ -- Stratview Research announces the launch of a new research report on Trenchless Pipe Rehabilitation Market by Application Type (Water Main Pipes, Wastewater Pipes, and Others), by Method Type (CIPP, Pipe Bursting, Slip-lining, SIPP, and Others), by Pipe Diameter Type (<18 Inch Pipes, 18-36 Inch Pipes, and >36 Inch Pipes), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2020-2025.

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This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today's trenchless pipe rehabilitation market realities as well as future possibilities for the forecast period of 2020 to 2025. After a continuous interest from the industry stakeholders in our Cured-In-Place Pipe (CIPP) market and Sprayed-In-Place Pipe (SIPP) market reports, we have tried to further broaden our research scope to the trenchless pipe rehabilitation market in order to provide the most thoroughgoing picture of the market. The report segments and analyzes the market in the most detailed manner to provide a panoramic view. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of low-hanging fruits available as well as formulate growth strategies.

Trenchless Pipe Rehabilitation Market: Highlights

Trenchless pipe rehabilitation technologies are now catching the world's attention because of their phenomenal performance and exceptional benefits. These techniques offer repair, renewal, and replacement of existing underground pipelines with minimal or no excavation. The key aspects of these technologies are that the rehabilitation of pipes is now becoming easier, cleaner, faster, and cheaper. In addition to that, these technologies avoid traffic jams and provide a delicate pipe relining without any foul smell. The equipment and liner materials used in these technologies must be compliant under the certification and standards of NSF/ANSI 61, which has various norms related to the material used for the lining of water main pipelines in order to prevent any contamination of potable drinking water.

As per Stratview Research, the trenchless pipe rehabilitation market is projected to grow at an impressive rate over the next five years to reach an estimated value of US$ 6.4 billion in 2025. The market is mainly driven by the increase in spending of government and municipal corporations of various countries towards infrastructure rehabilitation. Furthermore, increasing awareness towards trenchless (no-dig) technologies in many nations, especially the emerging economies, is acting as a catalyst towards the market growth.

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Based on the application type, the market is segmented as water main pipes, wastewater pipes, and others. All three applications are estimated to witness promising growths in years to come; however, water main pipe is likely to remain the most dominant as well as the fastest-growing segment during the forecast period. Trenched pipe repair usually takes twice the time than trenchless pipe rehabilitation, increasing cost considerably. Furthermore, trenched pipe repair requires to dig up the whole yard, which could destroy the landscaping and any other permanent structures present in the yard. To avoid that cost and disturbance, a wide range of trenchless pipe rehabilitation methods are available in the market.

Based on the method type, the market is segmented as CIPP, Pipe Bursting, Slip-lining, SIPP, and Others. CIPP is projected to remain the most dominant segment during the forecast period, whereas pipe bursting to remain the fastest-growing segment during the same period. High penetration of the CIPP technology is mainly due to its excellent performance over competing technologies along with its applicability in a wide range of pipe diameters.

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In terms of region, North America is projected to remain the largest market for trenchless pipe rehabilitation during the forecast period. Most of the pipelines installed in the region have passed their retirement age or are approaching it; hence, there is a need for rehabilitation. Rehabilitation of infrastructure gives an extended life of around 30-50 years to the pipe. The USA is the growth engine of the North American market. It is not only the largest market for trenchless pipe rehabilitation in North America but also in the world. The country is also among the early movers in the trenchless pipe rehabilitation regarding material adoption and technology.

Asia-Pacific is expected to witness the highest 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 rehabilitation. Incessantly increase in infrastructure budget with the purpose to decrease water loss and improve water quality is the major demand booster of the Asia-Pacific's market.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    --  Market structure: Overview, industry life cycle analysis, supply chain
        analysis.
    --  Market environment analysis: Growth drivers and constraints, Porter's
        five forces analysis, SWOT analysis.
    --  Market trend and forecast analysis.
    --  Market segment trend and forecast.
    --  Competitive landscape and dynamics: Market share, product portfolio,
        product launches, etc.
    --  Attractive market segments and associated growth opportunities.
    --  Emerging trends.
    --  Strategic growth opportunities for the existing and new players.
    --  Key success factors.

This report studies the global trenchless pipe rehabilitation market and has segmented the market in four ways, keeping in mind the interest of all the stakeholders across the value chain. Following are the four ways in which the market is segmented:

Trenchless Pipe Rehabilitation Market, by Application Type

    --  Water Main Pipes (Regional Analysis: North America, Europe,
        Asia-Pacific, and RoW)
    --  Wastewater Pipes (Regional Analysis: North America, Europe,
        Asia-Pacific, and RoW)
    --  Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Trenchless Pipe Rehabilitation Market, by Method Type

    --  CIPP (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    --  Pipe Bursting (Regional Analysis: North America, Europe, Asia-Pacific,
        and RoW)
    --  Slip-lining (Regional Analysis: North America, Europe, Asia-Pacific, and
        RoW)
    --  SIPP (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    --  Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Trenchless Pipe Rehabilitation Market, by Pipe Diameter Type

    --  <18 Inch Pipes (Regional Analysis: North America, Europe, Asia-Pacific,
        and RoW)
    --  18-36 Inch Pipes (Regional Analysis: North America, Europe,
        Asia-Pacific, and RoW)
    --  >36 Inch Pipes (Regional Analysis: North America, Europe, Asia-Pacific,
        and RoW)

Trenchless Pipe Rehabilitation Market, By Region

    --  North America (Country Analysis: The USA, Canada, and Mexico)
    --  Europe (Country Analysis: Germany, France, the UK, Spain, and Rest of
        Europe)
    --  Asia-Pacific (Country Analysis: China, Japan, Australia, Singapore, and
        Rest of Asia-Pacific)
    --  Rest of the World (Sub-Region Analysis: Latin America, the Middle East,
        and Others)

Stratview Research has several high value market reports in the construction industry. Please refer to the following link to browse through our reports:
Click Here for Other Reports from Stratview Research in the Construction Industry: https://www.stratviewresearch.com/market-reports/Construction-Equipment.html

Related premium market reports in the piping and rehabilitation industry are:

    --  Cured-In-Place Pipe (CIPP) Market Size, Share, Trend, Forecast, &
        Competitive Analysis: 2020-2025.
    --  Sprayed-in-Place Pipe (SIPP) Market Size, Share, Trend, Forecast, &
        Competitive Analysis: 2019-2024.

About Stratview Research

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We have a strong team of industry veterans and analysts with an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go to Market Strategy, and Voice of Customer studies.

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