The Market Of CIPP – Most Preferable Option in Pipeline Rehabilitation

September 07 10:26 2019
The Market Of CIPP – Most Preferable Option in Pipeline Rehabilitation

As per the Stratview Research report, the global cured-in-place pipe (CIPP) market is estimated to grow at a CAGR of more than 5% to reach US$2.6bn by the year 2023.
The pipelines underneath for water and electricity needs to be cured properly so that the life on the Earth can sustain properly. The process of cured-in-place pipe (CIPP) has been there since last a decade and still is popular due to its benefits such as durability. Stratview Research report states that CIPP is preferred by almost 50% of the experts and it has a growing market with an estimation of a CAGR of more than 5% to reach US$2.6bn by 2023.

Humans thrive comfortably on land with the facilities of water, electric power, and others because the pipelines underneath hold the flow responsibly. But does it not require attention over the years? It does because, after decades of usage, the pipelines do become vulnerable.

In order to provide rehabilitation to the old and damaged pipelines, different options are used such as chemical grouting, slip lining, cured-in-place pipe (CIPP), fold and frame pipe, and pipe bursting. Now the question arises that which method is proper for the task. This mainly depends on a number of factors such as costing, the requirement, and many others.

Stratview Research report states that CIPP is preferred by over 50% of the industry experts due to a number of reasons such as it is non-disruptive, quick, and also cost-effective.

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https://www.stratviewresearch.com/toc/287/Cured-in-Place-Pipe-CIPP-Market.html

CIPP has been successful since last a decade and more because they can be used in places where other options cannot be rendered due to reasons such as high cost and others. The CIPP liners are known for their thick, heavy, and durable features at a much lower cost.

Stratview Research analyzed the market and has stated the growth of the CIPP market to more than $2.5 billion in 2023.

The highest growth of the CIPP market is noticed in the CIPP liners with a diameter of lesser than 1 foot and that is of polyester resin. Also, fabric-wise polyester, curing-wise steam, and coating-wise PP dominate the global CIPP market.

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https://www.stratviewresearch.com/287/Cured-in-Place-Pipe-CIPP-Market.html#tab_default_1

Among more than 50 manufacturing players, the top six players are Insituform Technologies, Inc., Layne Inliner LLC, Reline Europe AG, SAERTEX multiCom® GmbH, IPR (Inland Pipe Rehabilitation), and iMPREG GmbH) and capture more than half of the total global market.

As per the report of Stratview Research, North America dominates the CIPP market globally as of now. On the other hand, Asia-Pacific is growing quite fast with Japan being the fastest growing country. The other countries that can be listed as the top growing markets globally are the USA, Germany, Canada, and the UK.

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Stratview Research report also talks about the other segments that are estimated to grow in the future such as the vinyl ester resin as it has more flexural and tensile strength than the polyester resin. The glass fabric CIPP liner is the second fastest growing segment as curing of the glass fabric is done through UV that takes much lesser time than a felt liner. Also, in terms of curing, the next fastest growing option after the steam is UV as it is neither temperature-sensitive nor climate-sensitive.

Subscribe to the Stratview report to get more fruitful insights about different segments of CIPP that can help in the right decision-making processes. 

Salient Features of the Report

The report will offer you details about the growth of the CIPP market and other insights. The key features of the report are:

  • The market structure,
  • Growth drivers, Porter’s five forces analysis, SWOT analysis,
  • Market segmentation and forecasts,
  • Competitions, challenges, and emerging trends,
  • Strategic growth, new players, and key factors.

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