Cured-In-Place Pipe (CIPP) Market Expected to Experience Attractive Growth through 2027
May 24, 2022
Stratview Research releases a new report on the Cured-In-Place Pipe (CIPP) Market that shows lucrative growth opportunities in the global industry during the next five-year period. This report ensures reliable information related to the present and future market trends. The following summary will give an overview of the challenges, dynamics, and more details mentioned in the report.
Cured-In-Place Pipe (CIPP) Market Insights:
There are various trenchless technologies used for pipe rehabilitation such as CIPP, SIPP, pipe bursting, and slip lining. Among all, CIPP is the most widely used technology and alone accounts for more than three-fourths of the trenchless pipe rehabilitation market. The global CIPP market grew at a healthy rate over the past five years; however, it is anticipated that the market to record a slowdown in its growth trajectory amid the pandemic. Based on the analysis of previous downturns, such as The Great Recession (2008) and other crisis/pandemics, as well as detailed discussions with industry players and experts, Stratview Research estimates that the trenchless technology market including CIPP business will record a minimal impact of the COVID-19 pandemic. The CIPP market is estimated to rebound at a great pace from 2021 onwards, filling all the voids (market loss) generated due to the pandemic, ultimately driving the market to land to the value of US$ 3.1 billion in 2027.
The Cured-In-Place Pipe (CIPP) Market size depends upon several factors that have direct or indirect influence on the demand and supply chain. The report published by Stratview Research throws light on the vital extracts of many such factors derived using different types of analysis like supply chain analysis, etc. These methods help in analysing the core strength of the companies, identifying their growth strategies, recognising their gaps as well as opportunities to lay out an effective roadmap which leads to higher profitability.
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Key Players
The report also highlights the topmost linchpins active in the market. According to the list, here are few key players mentioned in the report -
- Per Aarsleff A/S
- Ashimori Industry Co. Ltd.
- iMPREG GmbH
- Insituform Technologies, Inc. (Part of Aegion Corporation)
- IPR (Inland Pipe Rehabilitation)
- Layne Inliner, LLC
- Perma-Liner Industries, LLC
- RELINEEUROPE AG
- SAERTEX multiCom® GmbH
- SAK Construction, LLC
- Sekisui SPR Americas, LLC.
Market Segmentation:
The report segments based upon geographics, demographics, benefits and volume etc., identifies the most attractive segments and sub-segments and have different driving factors. The segmentation mentioned in the report has been arranged in such a way that it can help users to be more efficient in terms of time, investment, and other resources. It also allows the businesses to learn more about their target audience so that they can tailor their strategies, and campaigns in increasing their market share and revenue.
Cured-In-Place Pipe (CIPP) Market by Curing Type
Based on the curing type, the market is segmented into hot water curing, steam curing, and UV curing. Out of these three types, steam curing continues to rule the market, owing to its less curing time and stronger finished products. The overall curing time of the steam process is lower than that of the hot water curing time as the transfer of heat in the steam process is faster as compared to hot water. Set up of a steam cure system is also quicker than a hot water cure system and it does not require large-scale water on the job site as required in case of hot water curing.
UV is expected to remain the fastest-growing curing method during the forecast period. UV liners do not need refrigeration; hence, they can be delivered directly to the job site in advance. They are 3 to 5 times stronger than conventional felt CIPP liners, contribute towards reducing emissions, and are not temperature sensitive.
Cured-In-Place Pipe (CIPP) Market by Coating Type
Based on the coating type, the market is classified as Polypropylene (PP), Polyethylene (PE), Polyurethane (PU), Non-Coated, and Other Coatings. PP-coated CIPP is likely to remain the most dominant segment of the market, owing to its excellent elasticity, ease of handling, an attractive price-to-performance ratio, thicker than the conventional coatings, firm bonding with the felt, and resistant to hydrolysis and chemical attack.
Regional Insights
In terms of region, North America is projected to remain the largest market for CIPP during the forecast period. The USA is the largest market for CIPP in North America as well as in the world. Most of the pipeline construction in the region was done post-world war and is in need of rehabilitation with CIPP is the most suitable method for pipe rehabilitation. Asia-Pacific is likely to be the fastest-growing region. The region currently has a low penetration of trenchless technology, but it is rapidly gaining momentum.
Report Customization Options
Stratview Research offers one of the following free customization options to the users along with this detailed report:
Company Profiling
- Detailed brief of additional market players.
- SWOT analysis of key players.
- Competitive Benchmarking
Benchmarking of the market key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.
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