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Cured In Place Pipe CIPP Market Report
Cured-in-Place Pipe Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2023-2028
Cured-in-place pipe (CIPP) is one of the trenchless (or no-dig) rehabilitation processes used to repair pipelines. It is a non-invasive, jointless, seamless, pipe-within-a-pipe, which is used for the rehabilitation of sewer pipes, industrial gas pipes, potable water pipes, and gravity pipes. It can be performed inside a pipe with a diameter range of 6" to 120". This trenchless pipe rehabilitation method causes minimal disruption to traffic, work productivity, and people at home. It is installed by municipalities or utilities by accessing piping systems from city manholes. CIPP liner manufacturing has to be compliant with various standards, regulated by ASTM and has to follow the emission norms of different regulatory bodies, such as OSHA regulation.
The CIPP technology was invented by Insituform Technologies, Inc. in 1971 with the first project in London, the UK. Since then, the market has been witnessing incessant growth in its penetration across the world. There is already high penetration of CIPP technology in developed economies, especially the USA, Germany, and Japan. Currently, the penetration of CIPP technology is limited in developing economies, such as China and India; however, this study reveals that the adoption rate is briskly increasing in these markets in the wake of aging pipelines coupled with increased spending on infrastructure rehabilitation.
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 a mammoth share of the trenchless pipe rehabilitation market. The global CIPP market grew at a healthy rate over the past five years. The market also witnessed a marginal drop in its growth trajectory amid the pandemic in 2020. The resulting market loss is estimated to be aptly compensated by a swift growth in the sale of CIPP during 2020-2021 and beyond, filling all the voids generated due to the pandemic.
The major factors that are continuously fueling the growth of the CIPP market are as follows:
Consequently, the overall cured-in-place pipe market is estimated to grow at a decent CAGR of 5.0% during the forecast period, to reach a value of US$ 3.8 Billion in 2028.
Recent Market JVs and Acquisitions:
|
Segmentations |
List of Sub-Segments |
Dominant and Fastest-Growing Segments |
|---|---|---|
|
Pipe Diameter-Type |
<1-Foot Diameter, 1-2.5-Feet Diameter, 2.5-5-Feet Diameter, and >5-Feet Diameter |
<1-foot diameter pipe is likely to remain the dominant segment during the forecast period. |
|
Resin-Type |
Polyester Resin, Vinyl Ester Resin, and Epoxy Resin |
Polyester resin-based CIPP is expected to remain the dominant resin type, whereas, epoxy resin-based CIPP is expected to be the fastest-growing segment in the foreseen future. |
|
Fabric-Type |
Polyester Fabric, Glass Fabric, and Other |
Polyester is likely to remain the most dominant fabric type, whereas glass fabric is expected to be the fastest-growing fabric type in the market during the forecast period. |
|
Curing-Type |
Water Curing, Steam Curing, and UV Curing |
Steam curing continues to rule the market, owing to its less curing time and stronger finished products. |
|
Coating-Type |
Polypropylene (PP)-Coated CIPP, Polyethylene (PE) -Coated CIPP, Polyurethane (PU) -Coated CIPP, Non-Coated CIPP, and Other Coatings CIPP. |
PP-coated CIPP is likely to remain the most dominant coating type of the market. |
|
Region |
North America, Europe, Asia-Pacific, and RoW. |
North America is projected to remain the largest market, whereas, Asia-Pacific is likely to grow at the fastest pace during the forecast period. |
Stratview Research has firstly segmented the CIPP market based on the pipe diameter type as <1 Foot, 1-2.5 Feet, 2.5-5.0 Feet, and >5.0 Feet. Among these, the <1-foot diameter pipe is likely to remain the dominant segment during the forecast period. The large demand for CIPP in the <1-foot diameter pipe is mainly attributed to the large installed base for sewer and potable water applications across regions. An 8” diameter pipe is a standard size and has been one of the largest used pipelines across the world.
Based on the resin type, the market is classified as polyester resin, vinyl ester resin, and epoxy resin. Our analysis suggests that polyester resin-based CIPP is expected to remain the dominant resin segment, whereas, epoxy resin-based CIPP is expected to be the fastest-growing segment in the foreseen future. Polyester resins are predominantly used in sewer and stormwater pipe rehabilitation, owing to their high flexural modulus, low tensile elongation, and good chemical resistance. Further, lower costs as compared to vinyl ester and epoxy resins elevate its demand. Epoxy resin does not have HAPs (hazardous air pollutants) or cause fewer VOCs (volatile organic compounds) emissions and is one of the eco-friendliest choices for CIPP. Epoxy resin-based CIPP is mostly used for the rehabilitation of potable water pipelines as it’s the only resin that meets the NSF/ANSI 61 potable water requirements.
Based on the fabric type, the market is segmented into polyester fabric, glass fabric, and other fabrics. Polyester felt is likely to remain the most dominant fabric type, whereas, glass fabric is expected to be the fastest-growing fabric type in the market during the forecast period. Polyester fabric exceeds the desired tensile strength and meets the ASTM D461 standard at a very competitive price compared to other fabrics. It is considered a superior fabric for optimum resin carriage coupled with high surface tension. Glass fabric is the preferred choice for CIPP where curing is done through UV. The main reason for using glass fabric liners with UV curing, instead of water or steam-cured felt liners, is that felt curing generates by-products that negatively affect the environment.
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 in the case of hot water curing. UV curing is expected to be the fastest-growing market segment 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.
Based on the coating type, the market is classified as polypropylene (PP)-coated CIPP, polyethylene (PE)-coated CIPP, polyurethane (PU)-coated CIPP, non-coated CIPP, and other coatings CIPP. Among these coating types, PP-coated CIPP is likely to remain the most dominant segment of the market, owing to its excellent elasticity, ease of handling, attractive price-to-performance ratio, and thickness as compared to the conventional coatings, firm bonding with the felt, and resistance to hydrolysis and chemical attack.
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 constructed post-world war and requires rehabilitation with CIPP, the most suitable method for pipe rehabilitation. Similarly, the Asia-Pacific region, which has a low penetration of trenchless technology presently, is likely to witness the fastest growth in the coming years, as the market is rapidly gaining momentum in the region.
The supply chain of this market comprises raw material suppliers, tube manufacturers, CIPP liner manufacturers, installation contractors, municipalities, and utility owners. Developing thinner, stronger, and eco-friendly liners, executing mergers & acquisitions, and formation of contracts with installers and utilities are the key strategies adopted by the key players to gain a competitive edge in the market. Also, there have been some major mergers and acquisitions in the industry in recent years, which has had a substantial impact on the entire competitive landscape.
The following are the key players in the cured-in-place pipe market-
This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s Cured-in-Place Pipe market realities and future market possibilities for the forecast period. 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.
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 the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
The cured-in-place pipe market is segmented into the following categories.
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Competitive Benchmarking
Custom Research: Stratview research offers custom research services across 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
The cured-in-place pipe market is estimated to grow at a CAGR of 5.0% by 2028, driven by several factors, such as increasing awareness about the benefits of trenchless methods and the high performance of CIPP over its competing technologies.
The key players in the CIPP market are Aegion Corporation, PURIS Corporation, Per Aarsleff A/S, Reline UV Group, SAERTEX Multicom® GmbH, IMPREG Group, Ashimori Industry Co, Ltd., Michels Corporation, and Waterline Renewal Technologies.
North America is expected to remain the largest CIPP market from 2023-2028 due to a large installed base of aging pipelines and a high focus on water infrastructure led to the region's dominance in the global market.
Polyester resin is expected to maintain its supremacy throughout the forecast period. This is primarily because polyester resin is a low-cost product and it has several favorable attributes, such as high flexural modulus, low tensile elongation, and good chemical resistance.
Polyester-felt-based CIPP is expected to remain dominant fabric type in the cured-in-place pipe market in the coming years.
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