Global Cured-in-place Pipe Market growing at a CAGR of 4.3% from 2023 to 2031
Category : Materials And Chemicals | Published Date : Nov 2023 | Type : Press Release
Key Market Overview
Consegic Business Intelligence analyzes that the is cured-in-place pipe market predicted to grow at a compound annual growth rate of 4.3% from 2023 to 2031 and is expected to reach USD 3,105.35 million in 2031 and 2,216.23 million in 2023 which was valued at USD 2,134.68 million in 2022.
The report highlights the growing government initiatives for infrastructure development across the globe, which is augmenting the global market growth. Consegic Business Intelligence study also provides insights into the market's competitive landscape, market segmentation, regional outlook, and emerging technologies in the cured-in-place pipe market.
Global Cured-in-place Pipe Market By Overview
The cured-in-place pipe market is bifurcated into the resin type, cure type, fabric type, and application. Based on the resin type, the market is segmented into polyester, vinyl ester, and epoxy. In 2022, the polyester segment dominate the overall cured-in-place pipe market. Based on the cure type, the market is segmented into hot water, steam, and UV cure. In 2022, the steam segment dominate the overall cured-in-place pipe market. Based on fabric type, the market is segmented into polyester fabric and glass fabric. In 2022, the polyester fabric segment dominates the overall cured-in-place pipe market. Based on application, the market is segmented into wastewater pipes, potable water pipes, oil and gas pipes, chemical pipelines, and others. In 2022, the wastewater pipes segment dominates the overall cured-in-place pipe market.
Get Free SampleMarket Dynamics
Driver:
- Growing government initiatives for infrastructure development.
- Significant growth in the investments for the reconstruction of water and wastewater pipelines.
Restraints:
- Complex installation process of cured-in-place pipe
Market Segmentation:
| Report Attributes | Report Details |
| By Resin Type | Polyester, Vinyl Ester, and Epoxy |
| By Cure Type | Hot Water, Steam, and UV Cure |
| By Fabric Type | Polyester Fabric and Glass Fabric |
| By Application | Wastewater Pipes, Potable Water Pipes, Oil and Gas Pipes, Chemical Pipelines, and Others |
| By Region | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Competitive Landscape :
The market is dominated by certain major companies such as Aegion Corporation, Norditube Technologies, IMPREG LLC., and LMK Technologies which have a strong market position in the current market circumstances. These companies are continuously leveraging new technologies to develop innovative solutions. Furthermore, the cured-in-place pipe market is expected to witness substantial growth in the coming years due to growing advances in cured-in-place pipe technology in key regions such as North America, Asia Pacific, and others.
The market is characterized by intense competition, with companies focusing on expanding their product offerings and increasing their market share through mergers, acquisitions, and partnerships.
- Aegion Corporation
- Norditube Technologies
- IMPREG LLC
- LMK Technologies
- Relining Group
- SAERTEX
- SEKISUI SPR AMERICAS, LLC
- CIPP Corporation
- PMPS Liner Technology Limited
- Trelleborg Sealing Profiles Sweden AB
- Arvind Composite
- RTi Rohrtechnik Gruppe
- Waterline Renewal Technologies
- Vortex Companies
