Europe Trenchless Pipe Relining Market
No. of Pages: 89 | Report Code: BMIRE00028522 | Category: Manufacturing and Construction
No. of Pages: 89 | Report Code: BMIRE00028522 | Category: Manufacturing and Construction
The Europe trenchless pipe relining market was valued at US$ 613.27 million in 2022 and is expected to reach US$ 910.03 million by 2030; it is estimated to register a CAGR of 5.1% from 2022 to 2030.
Stringent Regulations for Leakage and Maintenance of Pipeline Networks Drive Europe Trenchless Pipe Relining Market
Leakage from pipelines can cause significant environmental damage and economic losses. While pipelines were designed and constructed to maintain integrity, it is difficult to avoid leakage in a pipeline system during its lifetime. Enabling methods to reduce the event of leakages is necessary to minimize damage. Thus, governments of several countries have imposed strict regulations regarding the maintenance of pipeline networks, thereby reducing the occurrence of water leakages. For instance,
Such government initiatives to minimize leakage and maintain pipeline networks propel the adoption of trenchless pipe relining solutions, which fuels the growth of the trenchless pipe relining market.
Europe Trenchless Pipe Relining Market Overview
The Europe trenchless pipe relining market is segmented into Germany, France, Spain, the UK, Italy, and the Rest of Europe. With the growing urbanization in the region, the need for pipelines is also increasing. Hence, various communities are adopting trenchless technology, which is a safe, fast, and economical method to minimize public disturbances while completing the job. Europe's water infrastructure includes the pumps, treatment plants, and pipe network, which are operated by both public and private water and wastewater utilities. Approximately 7 million km of pipes in the EU have been in operation for more than 100 years. There are various challenges faced in the pipeline infrastructure, such as urbanization, growing population, and climate change. According to the European Commission, the government authorities in Europe invested around US$ 50.4 billion to modernize the water infrastructure, reduce the cost of damages, and protect the health of the environment. The aging infrastructure decreases the quality of water supply and sanitation services. Broken or blocked wastewater pipes cause a discharge of untreated sewage into local waterways. Thus, the pipe relining plays an important role in repairing the damages in the pipes and reducing the cost.
Further, as the adoption of trenchless technology is increasing rapidly in Europe, various market players are expanding their presence in European countries, which is propelling the growth of the trenchless pipe relining market. For instance, in October 2022, Trelleborg Group, is German-based manufacturer of machinery, robotics, and liners used for trenchless pipe repairs, announced an agreement to acquire the assets of Innovative Sewer Technologies (IST). With this acquisition, the company is expanding its pipe repair market in Europe.
Europe Trenchless Pipe Relining Market Revenue and Forecast to 2030 (US$ Million)
Strategic insights for the Europe Trenchless Pipe Relining provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the Europe Trenchless Pipe Relining refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.Europe Trenchless Pipe Relining Strategic Insights
Europe Trenchless Pipe Relining Report Scope
Report Attribute
Details
Market size in 2022
US$ 613.27 Million
Market Size by 2030
US$ 910.03 Million
Global CAGR (2022 - 2030)
5.1%
Historical Data
2020-2021
Forecast period
2023-2030
Segments Covered
By Method
By End User
By Diameter
Regions and Countries Covered
Europe
Market leaders and key company profiles
Europe Trenchless Pipe Relining Regional Insights
Europe Trenchless Pipe Relining Market Segmentation
The Europe trenchless pipe relining market is categorized into method, end user, diameter, and country.
Based on method, the Europe trenchless pipe relining market is divided into cured in place pipe, pull-in-place, pipe bursting, and internal pipe coating. The cured in place pipe segment held the largest Europe trenchless pipe relining market share in 2022.
In terms of end user, the Europe trenchless pipe relining market is segmented into residential, commercial, industrial, and municipal. The residential segment held the largest Europe trenchless pipe relining market share in 2022.
By diameter, the Europe trenchless pipe relining market is divided into below DN 50, DN 51 - DN 150, DN 151 - DN 250, and above DN 251. The below DN 50 segment held the largest Europe trenchless pipe relining market share in 2022.
Based on country, the Europe trenchless pipe relining market is categorized into the UK, Germany, France, Spain, Russia, and the Rest of Europe. Germany dominated the Europe trenchless pipe relining market share in 2022.
SAERTEX MultiCom GmbH, Sanikom d.o.o. , United Felts Inc, Vortex Co LLC, Brawo Systems GmbH, Trelleborg AB, RelineEurope GmbH, and Relining Group International Oy. are some of the leading companies operating in the Europe trenchless pipe relining market.
The Europe Trenchless Pipe Relining Market is valued at US$ 613.27 Million in 2022, it is projected to reach US$ 910.03 Million by 2030.
As per our report Europe Trenchless Pipe Relining Market, the market size is valued at US$ 613.27 Million in 2022, projecting it to reach US$ 910.03 Million by 2030. This translates to a CAGR of approximately 5.1% during the forecast period.
The Europe Trenchless Pipe Relining Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Trenchless Pipe Relining Market report:
The Europe Trenchless Pipe Relining Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Trenchless Pipe Relining Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Trenchless Pipe Relining Market value chain can benefit from the information contained in a comprehensive market report.