Trenchless pipe rehabilitation market
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., according to a newly added report by Stratview Research.
The market is mainly driven by an increase in spending by governments and municipal corporations for infrastructure rehabilitation. Furthermore, increasing awareness towards trenchless (no-dig) technologies in many nations, especially the emerging economies, is acting as a catalyst for growth.
Ageing water mains and wastewater pipelines in the major markets, such as the USA, Germany, and Canada, coupled with the increased movement towards trenchless pipe rehabilitation technologies are paving the way for further growth.
There are more than two million miles of pipes installed in the USA, and most of them were laid in the mid of the 20th Century. The American Water Works Association estimates US$ 1 trillion of investment is required over the next 25 years to repair the degrading water services and ensure they serve the growing population of the nation. Similar trends were also observed in other major countries such as Germany and Canada.
The report offers detailed insights in relevant market segments, their growth rates, latest market trends, forecasts, and other important details for the forecast period of 2020-2025.
Among different application types, water mains 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 of trenchless pipe rehabilitation, increasing the cost considerably. Furthermore, trenched pipe repair can damage landscaping and other permanent structures.
Based on method, the market is segmented as CIPP, Pipe Bursting, Slip-lining, SIPP, and others.
CIPP is projected to remain the dominant segment during the forecast period, whereas pipe bursting will remain the fastest-growing segment. The 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.
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 into trenchless pipe rehabilitation.
Asia-Pacific is expected to see the highest growth during the forecast period, primarily driven by Japan, China, and Australia. Ageing pipeline infrastructure in the key economies of the region is driving the demand for trenchless pipe rehabilitation.
[edit] Related articles on Designing Buildings Wiki
Featured articles and news
Restoring Alexander Pope's grotto
The only surviving part of his villa in Twickenham.
International Women's Day 8 March, 2025
Accelerating Action for For ALL Women and Girls: Rights. Equality. Empowerment.
Lack of construction careers advice threatens housing targets
CIOB warning on Government plans to accelerate housebuilding and development.
Shelter from the storm in Ukraine
Ukraine’s architects paving the path to recovery.
BSRIA market intelligence division key appointment
Lisa Wiltshire to lead rapidly growing Market Intelligence division.
A blueprint for construction’s sustainability efforts
Practical steps to achieve the United Nations Sustainable Development Goals.
Timber in Construction Roadmap
Ambitious plans from the Government to increase the use of timber in construction.
ECA digital series unveils road to net-zero.
Retrofit and Decarbonisation framework N9 launched
Aligned with LHCPG social value strategy and the Gold Standard.
Competence framework for sustainability
In the built environment launched by CIC and the Edge.
Institute of Roofing members welcomed into CIOB
IoR members transition to CIOB membership based on individual expertise and qualifications.
Join the Building Safety Linkedin group to stay up-to-date and join the debate.
Government responds to the final Grenfell Inquiry report
A with a brief summary with reactions to their response.
A brief description and background to this new February law.
Everything you need to know about building conservation and the historic environment.