During the recent past, property managers, municipalities, as well as homeowners have made use of traditional methods for pipe replacement to fix leaking, cracking, and root-intruded issues in their pipes. The traditional process includes trenching and is extremely time-consuming. Apart from being a slow process, the traditional renovation of pipes can be costly, particularly when the damaged pipes are located underneath landscaped lawns or tiled flooring, or behind finished walls. Thus, the method of traditional replacement involves the destruction of all the things that are covering the pipe. If the pipes are situated under the ground, the system has to be shut down; subsequently, the concrete base needs to be dug up and removed, together with any fill. These pipes will then be removed and discarded. The installation of new pipes will then take place, followed by a testing process. Once the process is completed after so much interruption, the pipes will become operational. After this, the contractors will need to restore the destroyed landscape as well as parts of the building. Thus, the pipe relining technology is considered as the most effective and emerging solution for restoration of damaged pipe systems both outside as well as inside of buildings. This process helps in the restoration of pipes without any devastation and helps in protecting pipes from several kinds of failures such as corrosion, debris buildup, root intrusion, and leaks. Further, the process of pipe-relining is a trenchless method of restoration, which does not require excavation. Furthermore, the pipe liners help in protecting the carried substances from mixing with metals inside the pipes that can cause lead leaching or decomposition. Pipe relining is not only an appropriate solution for drain lines and portable water lines restoration, but this technology can also be used for vertical applications, mechanical systems, and roof drains. Additionally, pipe relining can also help in increased pipe flow. Thus, growing adoption of pipe relining owing to its associated advantages is propelling the market growth.
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 SAM pipe relining market. The market is expected to grow at a good CAGR during the forecast period.
The SAM 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 SAM pipe relining market is segmented into Brazil, Argentina, and the rest of SAM. Aegion Corporation, Nu Flow Corporate, Perma-Liner Industries LLC, Pipe Restoration Solutions, and Roto-Rooter are among the leading companies in the market.