November 2019 Vol. 74 No. 11

Rehab News

Sprayed-in-Place Pipe (SIPP) Market: Competitive Dynamics & Global Industry Statistics

A report on the sprayed-in-place pipe (SIPP) market, published by Stratview Research, focuses on current trend insights, 2013 to 2018, and predictions for the forecast period of 2019 to 2024.

Mainly driven by the spending of government and municipal corporations towards infrastructure rehabilitation, the global SIPP market is projected to grow at an impressive rate over the next five years, reaching $707.3 million in 2024.

The United States is expected to remain the largest market in the world for SIPP during the forecast period, as the early mover in trenchless pipe rehabilitation, with regard to material adoption and technology.

Asia-Pacific is forecasted to witness the highest growth. Japan, China and Australia will continuously generate a huge demand for SIPP to support their aging pipeline infrastructure.

Furthermore, key economies in the region are incessantly increasing their infrastructure budget with the purpose of decreasing water loss and improving quality.

Based on application type, water main pipe is likely to remain the most dominant in the SIPP market, as well as the fastest-growing segment during the forecast period. However, wastewater and storm pipes are likely to grow at healthy rates over the next five years.

Of the material segments – cement mortar, epoxy coating, polyurea coating, polyurethane coating and geopolymer mortar – cement mortar is projected to remain the most dominant in the SIPP market during the forecast period, whereas geopolymer mortar is likely to remain the fastest-growing material type.

Stratview Research is a global market intelligence firm offering a wide range of services across various industries. 

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