According to the latest market research analysis on the “The Global cured in place pipe (CIPP) market is expected to reach a value of US$ 2615.4 million in 2023.”, published by Reports and Data.
New York, NY -- (SBWIRE) -- 10/25/2018 -- 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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Subject matter experts behind the study dive deep into the competitive landscape to assess the top performers across the world and unearth the strategies that have given them a competitive edge over others operating in the Cured-in-Place-Pipe industry.
Other vital aspects including the market share, size and growth rate for the forecast period, 2018 - 2015 also forms an important of the study and valuable resource for business owners, stakeholders, and marketing personnel planning to zero in on their business strategy.
All the vital data pertaining to the market performance, sales, investments, and others are presented and explained through tables, graphic images, and charts. A lot has been discussed the revolutionary products as well as an innovative technology ready to completely disrupt the Cured-in-Place-Pipe industry over the coming years.
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.
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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 GmbH.
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.
Importantly, the study assesses the financial reports and profile of the prominent market players and shares their information in terms of volume/output and profits. Analysis of the major driving forces, opportunities and restraining factors responsible for influencing the progress of the Cured-in-Place-Pipe market in the report will empower business owners to build, make or break their business strategies likewise.
The all-encompassing study provides access to a comprehensive data on customer preference, spending power, production volume and consumption volume to help business owners streamline their business operations likewise.
Complete report is available now @ https://www.reportsanddata.com/report-detail/cured-in-place-pipe-market
CIP Pipe Size Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014–2025)
- <1 foot
- 1-2.5 feet
- 5-5 feet
- >5 feet
Process Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014–2025)
- upstream access point
- downstream access point
End-Use (Volume, Kilo Tons; Revenue, USD Million; 2014–2025)
- Gravity Pipelines
- Culverts
- Pressure Pipeline
- Water: (Potable Water, Storm water, Sewage Water)
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