PUBLISHER: The Insight Partners | PRODUCT CODE: 1567874
PUBLISHER: The Insight Partners | PRODUCT CODE: 1567874
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)
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.