Market Summary
The cured in place pipe (CIPP) market is expected to reach a value of US$ 2615.4 million in 2023. A CIPP is one the widely used trenchless techniques for rehabilitating the damaged pipelines. Urban infrastructure system drives the major demand for CIPP as most urban areas have water pipelines and underground sewage which require extensive maintenance and repairs.
A significant rise in the demand for CIPP can be attributed to increasing municipal spending on rehabilitation of public utilities such as aging structure of sewage and potable water pipeline and realizing the advantages of CIPP over other trenchless technologies. North America region led by U.S dominates the CIPP market as the statistics presented by the American Society of Civil Engineers in 2017, highlighted the deteriorating structural quality of over 0.8 million miles of public sewage system and 0.5 million miles of private lateral sewage system.
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Key Coverage of the Report
- Region and country wise consumption statistics of animal feed oxidants from the period 2015-2025. 2015-2017 has been utilized as historic data and 2018-2025, has been derived as forecasts
- CIPP consumption indicators, economics have been analyzed. Significant statistical analysis has been conducted on sewer and pipeline infrastructure.
- Regional Competitors Pricing Strategy
- Demand and Supply GAP Analysis
- Region Wise Establishment Consumption
- Government spending on sewage piping infrastructure.
- Research Spending’s of the Cured-in-Place-Pipe Market
- On the basis of raw materials the market is primarily divided into Resin, Curing, Felt Tube, Fiberglass Cloth, Polyester and Coatings.
- Import Export Statistical Analysis
- Regional Governmental Policies
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Salient Trends of the Cured-in-Place-Pipe Market
- Inclination towards trenchless technologies over traditional methods of repair and maintenance will drive the growth of CIPP market.
- Metallurgical characteristics of polyester resin makes it widely used material in CIPP as it infuses well with the liner materials, has high flexural modulus and has good chemical resistance.
- Further, the production cost of polyester resin is lower as compared to vinyl ester and epoxy resin which increase the demand for CIPP.
- Wide range of risk and return opportunities in fast growing cities and developed economies.
- UV curing are much sturdier than the traditional CIPP liners and are not sensitive to temperature change which makes CIPP based on UV curing type to witness significant growth over the period.
- In the year 2016, U.S reported an estimated loss of 1.7 trillion gallons of water due to leakage in the water distribution system, indicating the need to apply CIPP rehabilitation techniques.
- Asia-Pacific region rely heavily on groundwater. Emerging economies like China and India have seen increased infrastructural spending on upgrading/treating the existing sewage pipelines.
- Shorter time duration, cost effective and others are some of the factors that are driving the upward growth trend in CIPP market.
Companies considered and profiled in this market study
iMPREG GmbH, Layne Inliner LLC, Insituform Technologies Inc., Inland Pipe Rehabilitation Ashimori Industry Co. Ltd., Reline Europe AG, Norditube Technologies, and Saertex MultiCom
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Market-O-Nomics
- In 2016, U.S reported that approximately 9% of the country’s natural gas distribution pipelines were made metals such as cast iron, bare steel or uncoated steel which makes it prone leakages.
- China’s 13th Five-Year Plan shows a 45% increase in the investment funding on upgrading or treating of sewage pipes.
- 19th Annual Municipal Infrastructure Survey reports that CIPP trenchless techniques accounts for approximately USD 1.7 billion market for sewage pipes rehabilitation and around 12.9% is spent on maintenance and repairs of potable water pipe.
- Infrastructural spending plans in U.S., in 2016, for sewage or water or storm pipelines witnessed 4.2% increase over the actual 2015 spending with USD 10.7 billion in new construction and 8.2 billion in repairs.
- Oil and gas pipeline maintenance spending will see an increase of 15 % in the year 2019 crossing an estimated USD 122 Billion.
- Maintenance activities in Global Natural gas Pipelines saw an increase of 18.9 % during the period 2017-2018.
- USD 59 Billion will be spend in maintenance of sewage water pipelines in USD during the period 2016-2023.
- Global Sewer Collection System spending will likely reach USD 2 trillion by the end of 2030 as reported by EPA.
The Cured-in-Place-Pipe Market report attempts to answer the questions below:
• How will major vendors grow their business during the forecast period, 2016 to 2025? What will matter most to their customers?
• What are the competitors doing best to stay ahead of others?
• What customers like to buy? How can prominent market players tailor their offerings to lure the potential customers?
• How can business owners operating in the Cured-in-Place-Pipe Industry minimize risks?
• What will be the status of
- Supply chain management
- Distribution channel
- Top-notch companies
- Market segmentation
- Sale
- Brand positioning and more
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