Global Cured-In-Place Pipe Market Size By Raw Materials (Saturated Resins, Curing, Felt Tube), By Process (Upstream Access Point and Downstream Access Point), By End-User (Gravity Pipeline, Culverts, Pressure Pipeline), By Geographic Scope And Forecast
Published on: 2024-08-08 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Cured-In-Place Pipe Market Size By Raw Materials (Saturated Resins, Curing, Felt Tube), By Process (Upstream Access Point and Downstream Access Point), By End-User (Gravity Pipeline, Culverts, Pressure Pipeline), By Geographic Scope And Forecast
Cured-In-Place Pipe Market Size And Forecast
Cured-In-Place Pipe Market size was valued at USD 1.13 Billion in 2023 and is projected to reach USD 1.77 Billion by 2030, growing at a CAGR of 2.94% during the forecasted period 2024 to 2030.
The development of the infrastructure along with rapid growth in urbanization is expected to drive the growth of the Global Cured-In-Place Pipe Market. The Global Cured-In-Place Pipe Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Cured-In-Place Pipe Market Definition
The cured-in-place pipe technique is used for repairing pipelines as it is a trenchless rehabilitation method. The cured-in-place pipe is a jointless pipe that is present within another pipe. The cured-in-place pipe can naturalize pipes that have diameters ranging between 0.1 to 2.8 meters. The cured-in-place pipe is a widely used technique. The cured-in-place pipe finds application in water, gas, and server pipelines. The cured-in-place pipe requires no digging. The cured-in-place pipe is completed within a short span of a few hours and does not need to stop the usage of the pipeline for weeks for repair.
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Global Cured-In-Place Pipe Market Overview
The growth of the Global Cured-In-Place Pipe Market is driven by a rise in spending by municipal corporations to repair aging sewage and drinking water pipelines. Also, the rising awareness of the advantages of CIPP and trenchless rehabilitation techniques are some of the factors that are positively influencing the growth of the Global Cured-In-Place Pipe Market.
According to a report published by the Center for American Progress, around 20-25% of the treated water that entered the distribution system is lost due to the leakage which results in loss of 1.7 trillion gallons of water being wasted in 2016. Owing to these factors the Global Cured-In-Place Pipe Market is flourishing. However, some restraints are limiting the growth of the Global Cured-In-Place Pipe Market. The climatic condition may affect the performance of cured-in-place pipes and will hamper the growth of the market over the forecast period.
Global Cured-In-Place Pipe MarketSegmentation Analysis
The Global Cured-In-Place Pipe Market is Segmented on the basis of Raw Materials, Process, End-User, and Geography.
Cured-In-Place Pipe Market, By Raw Materials
• Saturated Resins• Curing• Felt Tube• Natural Fibers• Synthetic Fibers• Polyesters• Others
Based on Raw Materials, The market is bifurcated into Saturated Resins, Curing, Felt Tube, Polyesters, and Others. The felt tube segment is further bifurcated into Natural Fibers and Synthetic Fibers. The polyester segment dominated the market in 2017. The dominance of the polyester segment is credited to its ability to infuse well with the linear material and can be dried easily even at lower temperatures.
Cured-In-Place Pipe Market, By Process
• Upstream Access Point• Downstream Access Point
Based on Process, The market is bifurcated into Upstream Access Point and Downstream Access Point. The upstream access point segment registered maximum growth as it is usually done from upstream. The downstream access point carries a higher risk of installation.
Cured-In-Place Pipe Market, By End-User
• Gravity Pipeline• Culverts• Pressure Pipeline• Portable Water• Others
Based on End-User, The market is bifurcated into Gravity Pipeline, Culverts, Pressure Pipeline, Portable Water, and Others. The gravity pipeline segment is growing at a rapid pace as most of the sewers utilize gravity pipeline. The gravity pipeline offers reliable water movement with no energy costs.
Cured-In-Place Pipe Market, By Geography
• North America• Europe• Asia Pacific• Rest of the world
Based on Regional Analysis, The Global Cured-In-Place Pipe Market is classified into North America, Europe, Asia Pacific, and Rest of the world. The largest share in the market will be dominated by North America. The dominance of the North American region is credited to the presence of a high volume of pipelines in North America, especially in the US region. The US has 0.8 million miles of a drainage pipe that are above 60 years old and needs repairing.
Key Players
The “Global Cured-In-Place Pipe Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Layne Inliner LLC, NordiTube Technologies, Ashimori Industries, LMK Technologies, Saertex MultiCom, Aegion Corporation, Inland Pipe Rehabilitation, Prema Liner Industries, IMPREG GmBH, Reline Group. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
• On February 14, 2018 Granite Construction Incorporated (NYSEGVA) and Layne Christensen Company announced that they have entered into a formal agreement in which Granite will acquire all of Layne’s outstanding shares in a $ 565 million stock sale, including total debt consideration. The transaction, unanimously approved by the Board of Directors of both companies, is expected to close in the second quarter of 2018.
• On July 27, 2020 The No-Dig technology provider NordiTube Technologies SE has entered the Chinese market with its products and is beginning to strategically partner with 5ELEM. NordiTube Liner5ELEM, headquartered in Jiangsu, China, is one of the leading manufacturers of jackets for high-end jackets and rubber pipes covered in the world with a variety of applications such as firefighting, irrigation, mining, marine, petrochemical, water extraction, fertilizer and fertilizer, fertilizer transfer leading China through flexible renewable energy programs.
• On May 14, 2021 Toyoy Gosei Co., Ltd. and Ashimori Industry Co., Ltd. agreed to establish a capital and business alliance for the security system. The business environment in the automotive industry is undergoing major changes, including innovation in new sectors called CASE and MaaS. The nature of automotive products is also changing, and companies need to adapt to these changes while contributing to the development of more prosperous communities through the provision of clean and safe parts. To meet these challenges, Toyota Gosei and Ashimori Industry will use their business assets and expertise in contributing to improving vehicle safety performance through development skills and strengthening product competitiveness.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2020-2030 |
BASE YEAR | 2023 |
FORECAST PERIOD | 2024-2030 |
HISTORICAL PERIOD | 2020-2022 |
UNIT | Value (USD Billion) |
KEY COMPANIES PROFILED | Layne Inliner LLC, NordiTube Technologies, Ashimori Industries, LMK Technologies, Saertex MultiCom, Aegion Corporation, Inland Pipe Rehabilitation. |
SEGMENTS COVERED | By Raw Materials, By Process, By End-User, and By Geography |
CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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