November 2017 Vol. 72 No. 11
Rehabilitation
Global CIPP Market To Reach Nearly $2.5 Billion by 2022
Among trenchless rehabilitation techniques, cured-in-place pipe (CIPP) is gaining popularity. In fact, a new report from Stratview Research, The Global Cured-In-Place Pipe Market: Highlights, projects the global market will reach
$2.49 billion in 2022.
Major drivers of the growth include the aging potable and sewage water infrastructure, increased spending by municipalities and utilities on rehabilitation, increased awareness about the benefits of trenchless techniques and the technology’s high performance.
The report also provides key insights into market dynamics. Key findings include:
- <1-foot diameter pipe is projected to remain a primary growth engine for the global CIPP market. There is a huge installed base of these pipelines for sewer and potable water applications across the world, and small-diameter pipes require less funding and are easier to install compared to large-diameter pipes.
- Polyester resin is expected to remain the most dominant type. This resin impregnates liner materials well and can be cured even when ambient temperatures drop to near or below freezing. It also offers high flexural modulus, low tensile elongation, good chemical resistance and other advantages.
- Vinyl ester resin is likely to experience the highest growth over the next five years, due to its caustic and high-temperature material-resistance properties.
- Steam is projected to remain the most dominant curing method, as it transfers heat faster than in the water-curing process.
- UV curing should have the greatest growth over the next five years. These liners are three to five times stronger than conventional felt CIPP liners..
- North America is expected to remain the world’s largest CIPP market as it contains most of the pipelines at retirement age and in need of rehabilitation.
- Asia-Pacific is likely to remain the fastest-growing market during the forecast period as various emerging countries in the region have begun implementing CIPP at a faster rate.
Stratview Research is a global market intelligence firm offering custom research services across a broad spectrum of industries, including energy, chemicals, advanced materials, automotive and aerospace.
(313) 307-4176, stratviewresearch.com
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