The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Trenchless Pipe Relining Market.

It was estimated prior to this unanticipated outbreak that the Trenchless Pipe Relining Market will reach US$ 5.0 billion. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

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Trenchless Pipe Relining Market Segment Analysis:

Based on method type, the market is segmented as CIPP, Slip-lining, SIPP, and Others. Trenched sewer repair usually takes a huge time compared to trenchless sewer relining; therefore, it costs more. It also requires to dig up the whole yard, which could destroy the landscaping and any other permanent structures present in the yard. To mitigate the cost and to avoid the disturbance, a wide range of trenchless pipe relining methods are available in the market. CIPP is projected to remain the most dominant as well as the fastest-growing segment during the forecast period in the trenchless pipe relining market. The dominance of CIPP technology in the market is mainly due to its fast and easy installation process, longer life cycle, and better performance over competing technologies. The CIPP lining installation rate is five times faster than the trenched replacement.

Based on the application type, the market is segmented as water main pipes, wastewater pipes, and others. Wastewater pipe is likely to remain the most dominant segment during the forecast period. CIPP is the most preferable method used for the rehabilitation of wastewater pipes. Watermain pipe is expected to witness the highest growth during the forecast period. The equipment and liner materials used during relining have to be compliant under the certification and standards of NSF/ANSI 61, which has norms related to the material used for the lining of water main pipelines in order to prevent contamination of injurious substances of liners with the potable drinking water.

In terms of region, North America is projected to remain the largest market for trenchless pipe relining during the forecast period. The region has most of the pipelines installed which have crossed their service life or are approaching their retirement age and require repair and maintenance. The average active service life of a pipeline installed is around 50 years and most of them have crossed their lifespan, the relining provides an extension of around 30-50 years to the pipe. The USA is not only the largest market for trenchless pipe relining in North America but also in the world, the country is also among the early mover in the trenchless pipe relining concerning innovation, material selection, and technology adoption.

Asia-Pacific is expected to witness the highest growth during the forecast period. Japan, China, and Australia are the growth engines of the Asia-Pacific’s trenchless pipe relining market. These economies will continuously generate immense demand for trenchless pipe relining to rehabilitate their aging pipeline infrastructure.

The supply chain of this market comprises raw material and equipment suppliers, trenchless pipe relining service providers/contractors, governments, municipal corporations, and public welfare societies. Some of the key players in the trenchless pipe relining market are Aegion Corporation; Granite Construction Inc.; Inland Pipe Rehabilitation, LLC. (IPR); Per Aarsleff A/S; and SAK Construction, LLC. The key customers of these players include state governments and local authorities of America, Federation of Canadian Municipalities, and Private Builders.

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Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

Based on the research, a proper report is crafted with the following key features:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

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