North American Trenchless Pipe Rehabilitation Market Analysis | 2024-2030

North American Trenchless Pipe Rehabilitation Market Analysis | 2024-2030

North American Trenchless Pipe Rehabilitation Market Analysis | 2024-2030
Report code - SR1609 Published On : Dec,2024 No. of Pages: 130
North American Trenchless Pipe Rehabilitation Market Size, Share, Trend, Forecast, Competi See more...

Market Insights

The north american trenchless pipe rehabilitation market was estimated at USD 4.0 billion in 2023 and is likely to grow at a CAGR of 4.7% during 2024-2030 to reach USD 5.6 billion in 2030.

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Market Dynamics

Introduction

Trenchless pipe rehabilitation is a modern method of fixing corroded, leaking, or broken pipelines that require very little excavation. Procedures such as CIPP, pipe bursting, slip lining, and SIPP are available to give aged pipelines a new lease on life. These methods allow existing underlying pipelines to be repaired, renewed, or replaced with little or no digging.

Trenchless pipe rehabilitation is employed on various pipes, including water mains, wastewater pipes, and storm pipes. Trenchless rehabilitation methods, which replace the conventional dig-and-replace method, are spurring the rise in trenchless technology owing to their various advantages, such as rehabilitation becoming easier, cleaner, faster, and less expensive.

These technologies also help reduce traffic congestion in the project area and provide pipe relining without a foul odor. Trenchless pipe rehabilitation is widely used in the North American region and is gaining popularity worldwide due to its outstanding performance and benefits.

Market Drivers:

The major players have made significant R&D investments to develop technologies for assessing pipe conditions and determining cost-effective repair procedures. The long-term picture for trenchless pipe rehabilitation appears optimistic, with high-growth potential for market participants as municipalities and governments increase their spending on water infrastructure to preserve water quality and decrease water wastage.

As per the American Water Works Association, it has been estimated that >US$ 1 trillion of investment is required over the next 25 years to repair the degrading water services and ensure their usefulness in serving the nation's growing population. As per the 26th annual municipal sewer/water infrastructure report card, the projected yearly spending plans for pipe rehabilitation in the USA have reached US$ 10.3 billion for 2022 and are likely to reach US$ 11.3 billion in 2023.

Recent Market Acquisitions:

Recent trends in the trenchless pipe rehabilitation market are the adoption of the predictive data model for identifying deteriorated pipes for rehabilitation, a paradigm shift towards trenchless techniques, and municipalities adopting asset management programs for civil infrastructure, which are driving companies to adapt to the changing industry dynamics. Below are some of the M&As:

  1. In 2021, New Mountain Capital, a private equity firm, entered into a definitive agreement to acquire Aegion Corporation for US$ 30 per share in cash.
  2. In 2022, Aegion Corporation acquired En-Tech Corporation’s CIPP lining division. Since 1983, En-Tech Corporation has been a leading provider of pipe maintenance and rehabilitation solutions across the Northeast.
  3. In 2022, Inland Pipe Rehabilitation (IPR) completed the acquisition of Granite’s Inliner business, a leading company in heat and UV-cured CIPP linings.

Segment Analysis

Segmentations

List of Sub-Segments

Dominant and Fastest-Growing Segments

Application Type

Water Main Pipes, Wastewater Pipes, and Others

Wastewater pipes are the most widely used application, whereas Watermain pipes are growing fastest.

Method Type

CIPP, Pipe Bursting, Slip-Lining, SIPP, and Others

CIPP remains the dominant method, whereas pipe bursting is projected to be the fastest-growing method during the forecast period.

Diameter Type

<18-inch Pipes, 18-36-inch Pipes, and >36-inch Pipes.

<18-inch pipes are likely to maintain their lead by 2030.

Country-wise Analysis

The USA, Canada, Mexico

The USA is likely to remain the most dominant and fastest-growing country during the forecasted period.

By Application Type

Wastewater pipe is likely to emerge as the biggest whereas water main pipe is the most rapidly expanding category during the mentioned period.

  • The North American trenchless pipe rehabilitation market is segmented by application type into water main pipes, wastewater pipes, and others.
  • Although all three applications are expected to grow in the coming years, water main pipe is expected to remain the most prominent and the fastest-growing category during the projected period.
  • The dominance of water main pipes is due to the intense focus of authorities on conserving clean drinking water paired with an extensive network of water main pipes in the region.

By Method Type

The CIPP method is forecasted to be the most dominant method, whereas pipe bursting is the fastest-growing method in the market during the forecast period.

  • The market is segmented by method type into CIPP, pipe bursting, slip-lining, SIPP, and other methods.
  • CIPP is expected to be the dominant segment. In contrast, pipe bursting is scheduled to be the fastest-growing method type in the trenchless pipe rehabilitation market over the next five years.
  • CIPP is likely the market's most prominent approach, owing to its longevity, high abrasion resistance, and ability to provide structural strength to the host pipe.

By Diameter Type

“<18-inch Pipes will maintain its lead over other pipes in the forecasted period. It is estimated to grow at a CAGR of 5% superior to 18–36-inch and >36-inch pipes.

  • Based on the pipe diameter type, the market is segmented as <18-inch pipes, 18-36-inch pipes, and >36-inch pipes.
  • Due to the vast application of pipes in this category, the <18-inch diameter pipe is likely to remain the dominant section of the market during the next five years.
  • CIPP is the preferred method for trenchless pipe rehabilitation for pipes with a diameter of fewer than 18 inches.

Regional Analysis

“The USA is estimated to be the most dominant country in the market governing more than half of the North American trenchless pipe rehabilitation market.

  • The USA has the most extensive and aging underground pipe infrastructure. It necessitates the need for pipe rehabilitation at frequent intervals.
  • The presence of major trenchless technology manufacturers and service providers makes the USA a regional technology leader for innovative solutions like CIPP and pipe bursting.
  • Stringent compliance regulations and government investments in infrastructure rehabilitation are also key reasons for this country's dominance over other nations in the region.

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Key Players

Several local players populate the market. A massive change in market dynamics across regions, changes in competitive landscapes from one trenchless pipe rehabilitation technology to another, and the dominance of different players in different regions are some factors resulting in high market fragmentation. However, the market has been gradually consolidating over the years, with major players acquiring smaller/local players.

  • Aegion Corporation
  • Granite Construction Inc.
  • Inland Pipe Rehabilitation LLC. (IPR)
  • Michels® Corporation
  • Per Aarsleff A/S
  • SAK Constructions, LLC
  • SANEXEN Environmental Services Inc.
  • Spiniello
  • Anticorrosion Protective Systems L.L.C
  • Ellingson Companies

Note: The above list does not necessarily include all the top players in the market.

Are you the leading player in this market? We would love to include your name. Write to us at sales@stratviewresearch.com

Research Methodology

  • This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s North American trenchless pipe rehabilitation market realities and future market possibilities for the forecast period of 2021 to 2026.
  • The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market
  • The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.
  • This report offers high-quality insights and is the outcome of a 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
  • More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data
  • We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis.
  • 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, Service portfolio, New Product Launches, etc.
  • COVID-19 impact and its recovery curve
  • Attractive market segments and associated growth opportunities.
  • Emerging trends.
  • Strategic growth opportunities for the existing and new players.
  • Key success factors.

Market Segmentation

This report studies the market, covering 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The North American trenchless pipe rehabilitation market is segmented into the following categories:

By Application Type

  • Water Main Pipes
  • Wastewater Pipes
  • Others

By Method Type

  • CIPP
  • Pipe Bursting
  • Slip-lining
  • SIPP
  • Other Methods

By Pipe Diameter Type

  • <18-Inch Pipes
  • 18-36-Inch Pipes
  • >36-Inch Pipes

By Region

  • The USA
  • Canada
  • Mexico

Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

  • Detailed profiling of additional market players (up to three players)
  • SWOT analysis of key players (up to three players)

Competitive Benchmarking

  • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com

Frequently Asked Questions (FAQs)

The North American trenchless pipe rehabilitation market is estimated to grow at a CAGR of 4.7% by 2030.

Aegion Corporation, Granite Construction Inc., Inland Pipe Rehabilitation LLC. (IPR), Ellingson Companies, Michels® Corporation, Per Aarsleff A/S, SAK Constructions, LLC, SANEXEN Environmental Services Inc., and Spiniello are the leading North American trenchless pipe rehabilitation market players.

The USA is estimated to remain dominant in the North American trenchless pipe rehabilitation market in the foreseeable future.

Wastewater pipes are expected to remain the most dominant application in the market by 2025. Watermain pipes are likely to surpass wastewater pipes and become the dominant application from 2026 onwards.

The United States has the most significant share in the North American region. It constitutes 57.4% of the market. Canada and Mexico are the countries to follow.