Trenchless Pipe Relining Market Scope and Analysis by 2031
Trenchless Pipe Relining Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 2,777.26 Million |
Market Size by 2030 | US$ 4,242.56 Million |
Global CAGR (2022 - 2030) | 5.4% |
Historical Data | 2020-2021 |
Forecast period | 2022-2030 |
Segments Covered |
By Method
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Trenchless Pipe Relining Market News and Recent Developments
The trenchless pipe relining market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for trenchless pipe relining market and strategies:
- In February 2023, The Vortex Company has introduced a UV CIPP Systems portfolio, including curing equipment, liners, and custom truck builds, for aging infrastructure rehabilitation. The company, in partnership with IMS Robotics, offers advanced UV curing equipment for pipe diameters 6" to 80. The new EnviroCure UV Liner is pre-impregnated with resin and corrosion resistant. Vortex also provides an immersive training program with classroom and live field training. (Source: Vortex, Press Release/Company Website/Newsletter)
- In October 2022, Trelleborg Group acquired Innovative Sewer Technologies' sewer and drainage pipe rehabilitation operation, specializing in machinery, robotics, and liners for trenchless pipe repairs. The acquisition strengthens Trelleborg's trenchless pipe repair offerings with new technology and materials. The acquisition complements Trelleborg's broad service offering, strong focus on R&D, and entrepreneurial working methods. The acquisition is expected to be finalized before the end of 2022, as aging pipe infrastructure increases risk of leakage and infiltration, posing economic and environmental risks. (Source: Trelleborg Group, Press Release/Company Website/Newsletter)
Trenchless Pipe Relining Market Report Coverage and Deliverables
The “Trenchless Pipe Relining Market Size and Forecast (2020–2030)” report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed Porter’s Five Forces analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles with SWOT analysis