North America Pipe Relining Market
North America Pipe Relining Market is growing at a CAGR of 4.9% to reach US$ 8,176.59 Million by 2030 from US$ 5,594.10 Million in 2022 by Solution Type and End User.

Published On: Jul 2024

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North America Pipe Relining Market

At 4.9% CAGR, North America Pipe Relining Market is Projected to be Worth US$ 8,176.59 Million by 2030, says Business Market Insights

According to Business Market Insights’ research, the North America pipe relining market was valued at US$ 5,594.10 million in 2022 and is expected to reach US$ 8,176.59 million by 2030, registering a CAGR of 4.9% from 2022 to 2030. Reduction in cost for pipe repairing and maintenance strengthens the market growth in the future and burgeoning government investments in wastewater management and upgrades in sewage infrastructure are among the critical factors attributed to drive the North America pipe relining market growth.

The pipeline relining technologies currently available are cured-in-place, pull-in-place, pipe busting, and internal pipe coating. The cured-in-place technology of pipe renovation is gaining popularity for the long-term sustainability of sewage pipelines. The pipe relining cost reduces the overall cost of repair and maintenance at a rapid pace owing to increasing demand from municipalities and residential users across the globe. The reduction in the cost of pipeline relining solutions would strengthen the adoption of technologies, which will impact the growth of the market in the coming years. Besides, organizations such as NASTT NASSCO are continually promoting the latest innovations in sewage pipeline renovation methods. The municipalities and government officials are providing tenders to the companies for pipe renovations using different technologies. For instance, in January 2024, the City of Oak Grove, in the US, opened a tender for the cured-in-place pipe (CIPP) project. That project consists of the repair and maintenance of around 3,500 feet of 8-inch pipe that need to be repaired using the cured-in-place pipe (CIPP) solution for sanitary sewer pipe lining. Completion of this work consists of cleaning, pre-installation inspection, CIPP lining installation, and other service reinstatements. Thus, aging municipal infrastructures and growing awareness among the governments, municipalities, and common mass are factors encouraging market players to introduce innovative methods that can reduce the cost of operation and installation of pipeline relining solutions.

On the flip side, lack of awareness regarding trenchless pipe relining hampers the growth of North America pipe relining market.

Based on solution type, the North America pipe relining market is categorized cured-in-place pipe, pull-in-place, pipe bursting, and internal pipe coating. The cured-in-place pipe segment held 55.9% market share in 2022, amassing US$ 3,129.09 million. It is projected to garner US$ 4,726.14 million by 2030 to register 6.7% CAGR during 2022–2030. Cured-in-place pipe segment is further bifurcated into patch or spot repair and liner or longer repair.

In terms of end user, the North America pipe relining market is segmented into oil & gas, chemicals, municipal, and others. The oil & gas segment held 64.4% share of North America pipe relining market in 2022, amassing US$ 3,602.04 million. It is anticipated to garner US$ 5,180.14 million by 2030 to expand at 5.9% CAGR during 2022–2030.

Based on country, the North America pipe relining market is categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 79.8% share of North America pipe relining market in 2022. It was assessed at US$ 4,452.90 million in 2022 and is likely to hit US$ 6,410.44 million by 2030, registering a CAGR of 4.7% during 2022–2030.

Key players operating in the North America pipe relining market are Waterline Renewal Technologies Inc, Roto-Rooter Group Inc, Advanced Trenchless Solutions LLC, Sekisui Chemical Co Ltd, Granite Construction Inc, Aegion Corp, Silverlining Holding Corp, NuFlow Technologies Inc, Pipe Restoration Solution Inc, RPB Inc, and Aquam USA Inc., among others.

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