Pipe Relining Market Demand, Investment And Forecast 2028

According to Premium Market Insights new research study on "Pipe Relining Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Solution Type and End User," the market was valued at US$ 8,162.86 million in 2021 and is projected to reach US$ 11,236.02 million by 2028; it is expected to grow at a CAGR of 4.7% from 2021 to 2028.

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Some Of the Major Players Influencing are A few of the major players operating in the pipe relining market report are Advanced Trenchless Inc., Inland Pipe Rehabilitation (IPR) LLC, Roto-Rooter Group Inc., Silverlining Holding Corporation, Nu Flow Corporate, Perma-Liner Industries LLC, RPB Inc, Specialized Pipe Technologies, Pipe Restoration Solutions, and Aegion Corporation.

The pipe relining market is experiencing steady business growth opportunities as a result of the increasing number of aging pipeline infrastructures in various industry sectors. The presence of aging pipelines in end-user industries, such as oil, gas, chemical, municipal, and commercial industries, significantly contributes to the market growth. The oil and gas industry, with its vast pipeline network, requires continuous maintenance and repair activities to ensure uninterrupted operation across commercial, industrial, and residential end-users. The growth of the pipe relining market is mainly due to the growing number of aging pipelines and the rapid pace of urbanization.

The pipe relining market is divided into various solution types, including pull-in-place, cured-in-place pipe (CIPP), internal pipe coating, and pipe bursting. The cured-in-place pipe (CIPP) segment dominated the market in 2020, and it is projected to experience the highest compound annual growth rate (CAGR) during the forecast period. The CIPP segment is further categorized into two types of repairs: patch or spot repair and liner or longer repair. CIPP technology is an effective solution for repairing sewer pipe sections that are still in fairly good condition but require additional strength. This technology is particularly useful for larger diameter and underground sewer lines and drains that are costly to access and have fewer connections. Consequently, the CIPP segment is expected to expand over the forecast period.
The pipe relining market is categorized into various end-users, including oil & gas, chemicals, municipal, and others. Among these, the oil & gas segment held a significant market share in 2020. The oil & gas industry heavily relies on pipelines for transportation and distribution, making it the largest user of pipelines worldwide. However, the transportation of gas through pipelines faces specific challenges such as electrochemical reactions leading to pipeline erosion and the possibility of catastrophic damages in case of any failure. Therefore, the oil & gas segment is expected to offer substantial growth opportunities for the pipe relining market during the forecast period.

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In 2020, North America dominated the pipe relining market with the largest market share. The transportation of gas, liquids, and petroleum products from production to refineries, consumers, and manufacturers in North America is predominantly carried out through pipelines. Most of the pipelines in the region are buried underground, with only pump stations visible above the surface. Additionally, the water and wastewater infrastructure in North America is overseen by multiple governing bodies. The region boasts a robust
infrastructure sector, with companies continuously striving to discover and implement new technologies to enhance operational efficiency.

The Asia Pacific region is the second largest market for pipe relining, with significant growth potential due to the presence of rapidly developing countries like India, Japan, and China. The region's large population has resulted in an increased demand for energy, which is a major driver for pipeline infrastructure growth. The harsh climatic conditions in the area can have a significant impact on pipelines, leading to defects over time. Therefore, there is a growing demand for pipe relining to internally repair these pipelines, and this demand is expected to increase during the forecast period.

The pipe relining market in Europe is poised for growth, driven by the aging sewerage and wastewater treatment infrastructures and increasing demand for pipeline restoration and repair. Additionally, as the lockdown measures eased in 2021 and trading activities resumed, the market witnessed renewed growth momentum.

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The pipe relining market size has been determined using a combination of primary and secondary research methods. The research process began with extensive secondary research, involving both internal and external sources, to gather qualitative and quantitative information on the market. In addition, several primary interviews were conducted with industry experts, including VPs, business development managers, market intelligence managers, national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders who specialize in the pipe relining market. These interviews were conducted to verify the data and gain further analytical insights into the market.

Table Of Contents
1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 Global Pipe Relining Market - By Solution Type
1.3.2 Global Pipe Relining Market - By End User
1.3.3 Global Pipe Relining Market - By Geography
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Global Pipe Relining Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Pipe Relining Market - Europe PEST Analysis
4.2.3 Pipe Relining Market -Asia-Pacific PEST Analysis
4.2.4 Pipe Relining Market - MEA PEST Analysis
4.2.5 Pipe Relining Market - SAM PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
4.5 Flexible Shaft Machine Market Outlook
4.5.1 Flexible Shaft Machine Market Outlook and Regional Analysis
5. Global Pipe Relining Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Greater Value Over Traditional Pipe Restoration Methods is Resulting in its Increased Adoption
5.1.2 Aging Infrastructure of Developed Economies is Creating a Demand for Sewage Restoration thereby, Propelling the Pipe Relining Market
5.2 Market Restraints
5.2.1 Lack of Awareness Regarding Trenchless Pipe Relining
5.3 Market Opportunities
5.3.1 Burgeoning Government Investments in the Wastewater Management and Up Gradation of Sewage Infrastructure
5.4 Future Trends
5.4.1 Reduction in Cost to Accentuate the Growth in Future
5.5 Impact Analysis of Drivers and Restraints
Continued…...!

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