Many developed economies across the region are facing major challenges owing to their aging water infrastructure. These cities are witnessing continuous growth and urbanization, propelling the need for the restoration of pipeline systems. Several European cities are the oldest in the world. Thus, there is a growing concern of the aging infrastructure, unreachable water systems, and smaller pipelines. Underground water infrastructure, sewage maintenance, and clean water supply are among the most financially neglected key areas in an infrastructure. The cities and municipalities are at major risk and need to find an immediate and cost-effective solution. The aging infrastructure of countries is resulting in additional expenditure for the maintenance of old pipes. The report estimated that properties supplying water and sewerage will increase by around three Mn during the next 20 years. The growing demand for sewage restoration from developed economies is boosting the market growth. Owing to the ageing infrastructure of developed economies, countries are anticipated to invest in trenchless technology during the forecast period. Pipe relining is an affordable, safe, and cost-efficient way to reduce public disturbances while completion of a task is thus, a viable option for restorable of pipelines.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the pipe relining market in the coming years. The market is expected to grow at a good CAGR during the forecast period.
The Europe pipe relining market is segmented based on solution type, end user and country. Based on the solution type, the solutions considered are cured-in-place pipe, pull-in-place, pipe bursting, and internal pipe coating. The cured-in-place pipe segment dominated the market in 2020 and is expected to be the fastest growing during the forecast period. Moreover, the cured-in-place pipe is further bifurcated into liner or longer repairs and patch or spot repair. Whereas, by end user, the market is broadly divided into oil & gas, chemical, municipal, and others. The oil & gas segment dominated the market in 2020 and chemical segment is expected to be the fastest growing during the forecast period. Based on country, the Europe pipe relining market is segmented into the UK, Germany, France, Italy, Russia, and the rest of Europe. Aegion Corporation, Nu Flow Corporate, Perma-Liner Industries LLC, Pipe Restoration Solutions, and Roto-Rooter are among the leading companies in the market.
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 837.25 Million |
| Market Size by 2028 | US$ 1,283.38 Million |
| CAGR (2021 - 2028) | 6.3% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Solution Type
|
| Regions and Countries Covered |
Europe
|
| Market leaders and key company profiles |
|
The Europe Pipe Relining Market is valued at US$ 837.25 Million in 2021, it is projected to reach US$ 1,283.38 Million by 2028.
As per our report Europe Pipe Relining Market, the market size is valued at US$ 837.25 Million in 2021, projecting it to reach US$ 1,283.38 Million by 2028. This translates to a CAGR of approximately 6.3% during the forecast period.
The Europe 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 Pipe Relining Market report:
The Europe Pipe Relining Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Pipe Relining Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Pipe Relining Market value chain can benefit from the information contained in a comprehensive market report.
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