Global Drinking Water Pipe Repair Market Size, Share And Trends Analysis Report By Repair Technology, By Type, By Region, And Forecasts, 2023 - 2029

Market Overview

Global Drinking Water Pipe Repair Market was valued at USD 67.77 Billion in 2021 and is expected to reach USD 106.71 Billion by the year 2028, at a CAGR of 6.7%.

A key component of the social infrastructure that makes it easier to transport, distribute, and furnish water is a water distribution system. To preserve the stability and security of the water supply, any such system's facilities need to be upgraded and improved on a regular basis based on predetermined plans. Since more than 50 years ago, drinking water pipe repairs have been used to accommodate the population's growing need for clean drinking water. There are a ton of drinking water pipelines around the world that need upkeep and repair.

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Market Dynamics

Driver

The demand for repairing drinking water pipes is rising along with the demand for repairing existing water pipelines. Additionally, repairs for drinking water pipes are in high demand due to construction activities. Additionally, growing public safety concerns raise awareness of the importance of safe drinking water, which motivates businesses and local governments to perform routine pipeline maintenance work, which is another driver fueling the market's expansion. The drinking water pipe repair industry is growing demand to the introduction of stringent rules aimed at decreasing leakage and pipe breaks.

Opportunities

The growing awareness of the importance of safe water is the market's biggest opportunity for pipeline repair for drinking water. As more people become aware, the government is ultimately forced to impose rules and regulations for delivering safe and healthy water and to force other relevant authorities, small and big scale companies to behave properly to fulfill all safety majors. The industry has a lot of room to grow because there is such a high need for repairing the existing water pipelines.

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The Report Will Include A Major Chapter

•Patent Analysis
•Regulatory Framework
•Technology Roadmap
•BCG Matrix
•Heat Map Analysis
•Price Trend Analysis
•Investment Analysis
•Company Profiling and Competitive Positioning
•Industry Value Chain Analysis
•Market Dynamics and Factors
•Porter's Five Forces Analysis
•Pestle Analysis

Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.

Market Segmentation

By Type:

•Pipes & Fittings
•Couplings
•Valves
•Others

By Repair Technology:

•Remote Assessment & Monitoring
•Open & Cut-pipe Repair
•Spot Assessment & Repair
•Trenchless Pipe Repair

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Regional Analysis for the Drinking Water Pipe Repair Market:

Gradually increase in population in Asia Pacific economies such as India and China, significant recovery in construction activities, and government initiatives to supply clean and safe drinking water are anticipated to turn the drinking water pipe repair market in the upcoming years. Emerging nations are anticipated to present significant opportunities for the market as their population is rising significantly.

By Region:

•North America (U.S., Canada, Mexico)
•Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
•Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
•Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
•South America (Brazil, Argentina, Rest of SA)

Key Players For The Global Drinking Water Pipe Repair Market

•3M
•Kurita Water Industries
•Mueller Water
•Aegion Corp
•Advanced Trenchless
•AGRU Austria
•Amex GmbH
•Affordable Trenchless & Pipe Lining
•KMG Pipe Rehabilitation Emirates
•Atlantis Plumbing
•Advantage Reline
•Brawoliner and Other Major Players.

Key Industry Developments in the Drinking Water Pipe Repair Market:

In August 2020, Kurita Water Industries Ltd. declared that it has introduced Meta-Aqua Project jointly with Fracta a subsidiary and AI startup based in the United States. In this program, the companies will efforts on the digital transformation and advancement of AI and IoT products for the water treatment industry. To organize this project, Fracta established Fracta Leap Inc. in May this year, which specializes in digital technologies utilized in water treatment.

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Key questions answered in the report:

•What growth opportunities might arise in the Drinking Water Pipe Repair industry in the years to come?
•What are the most significant challenges that the Drinking Water Pipe Repair market could face in the future?
•Who are the leading companies on the Drinking Water Pipe Repair market?
•What are the main trends that are positively impacting the growth of the market?
•What growth strategies are the players considering to stay in the Drinking Water Pipe Repair market?

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