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:- After the recommendation from the National Infrastructure Commission, water companies in the UK committed to a 50% reduction in leakage compared to 2017-2018 levels by 2050.
- The UK enacted the Pipelines Safety Regulations 1996 to guarantee the safe operation and maintenance of pipelines. The regulations are primarily concerned with preventing accidents, leaks, and other possible risks linked to pipelines. By placing strict obligations on pipeline operators, these regulations aim to safeguard the environment, public health, and safety.
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 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.
Market Highlights
- 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 35.9% market share in 2022, amassing US$ 220.38 million. It is projected to garner US$ 349.46 million by 2030 to register 5.9% CAGR during 2022-2030.
- In terms of end user, the Europe trenchless pipe relining market is segmented into residential, commercial, industrial, and municipal. The residential segment held 40.1% share of Europe trenchless pipe relining market in 2022, amassing US$ 246.06 million. It is anticipated to garner US$ 370.29 million by 2030 to expand at 5.2% CAGR during 2022-2030.
- The below DN 50 segment held 39.3% share of Europe trenchless pipe relining market in 2022, amassing US$ 241.26 million. It is projected to garner US$ 362.60 million by 2030 to expand at 5.2% CAGR from 2022 to 2030.
- This analysis states that Germany captured 32.0% share of Europe trenchless pipe relining market in 2022. It was assessed at US$ 196.52 million in 2022 and is likely to hit US$ 292.85 million by 2030, registering a CAGR of 5.1% during 2022-2030.
- In February 2023, The Vortex Companies has introduced a UV CIPP Systems portfolio, including curing equipment, liners, and custom truck builds, for aging infrastructure rehabilitation. The company, in partnership with IMS Robotics, offers advanced UV curing equipment for pipe diameters 6" to 80. The new EnviroCure UV Liner is pre-impregnated with resin and corrosion resistant. Vortex also provides an immersive training program with classroom and live field training.
- In September 2023, Quad-C Management has invested in the global provider of trenchless infrastructure rehabilitation products and services, Vortex Companies. The company, which operates in 12 locations across the US and Europe, is led by co-founder and CEO Mike Vellano. The investment aims to accelerate growth at Vortex, which is currently led by Mike Vellano.
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe trenchless pipe relining market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Europe trenchless pipe relining market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the trenchless pipe relining market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
Table of Contents
Companies Mentioned
Some of the leading companies in the Europe Trenchless Pipe Relining market include:- SAERTEX MultiCom GmbH
- Sanikom d.o.o.
- United Felts Inc
- Vortex Co LLC
- Brawo Systems GmbH
- Trelleborg AB
- RelineEurope GmbH
- Relining Group International Oy
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 89 |
Published | August 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 613.27 Million |
Forecasted Market Value ( USD | $ 910.03 Million |
Compound Annual Growth Rate | 5.1% |
Regions Covered | Europe |
No. of Companies Mentioned | 9 |