COVID-19 Impact on Drinking Water Pipe Repair Market to Reach US$ 100 Bn by 2026 – KSU

Drinking Water Pipe Repair Market – Snapshot

A water distribution system is an important aspect of social infrastructure that facilitates the transport, distribution and supply of water. The facilities in such a system must be continuously improved and updated based on specific plans to ensure the stability and security of the water supply. Repairs to drinking water pipelines have been used for more than 50 years to meet the needs of clean drinking water for an ever growing population.

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Population growth and the need to repair existing pipeline infrastructures have increased the demand for repairs to drinking water pipes

Factors such as population growth in China and Asia-Pacific India, a gradual recovery in construction, and government initiatives to provide clean and safe drinking water are likely to drive the potable water pipe repair market in the years to come. Developing countries are expected to provide significant market opportunities as their population increases significantly. In 2017, the construction sector recovered due to a rejuvenated housing market, especially in developed countries. This is due to the robust economic growth in North America and Europe. In North America, the expansion of the market and the increasing demand for repairs to the drinking water infrastructure created favorable conditions over the past year. These are expected to continue in the forecast period.

However, it is estimated that the development of remote assessment and monitoring technology will hamper the potable water pipe repair market during the forecast period as the technology replaces traditional construction practices. In addition, mounting concerns about the economic recession and an unforeseen political scenario around the world are likely to delay or abandon repair activities for water infrastructure. It is estimated that the population growth and expansion of the construction sector in most regions of the world will fuel the potable water pipe repair market in the near future. The governing bodies impose fines and take tough action against violations of norms or illegal water use. High installation costs for remote assessment and monitoring of repair of drinking water pipelines are likely to limit adoption in undeveloped countries with lower capital investments in water maintenance and conservation.

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The Pipes & Connectors segment to be dominated the market for the repair of drinking water pipes

Given the importance of high quality pipelines for repairing pipelines, the use of pipes and connectors is increasing significantly to reduce pipe breaks and leakages. Increasing investments in construction activities due to rapid industrialization and urbanization are driving the demand for pipes and connectors for the repair of drinking water pipes.

Development & innovation in product and technology

Recently, KMG Pipe Rehabilitation Emirates introduced the latest technologies for remote pipe monitoring and evaluation. The start of potable water pipe repair with advanced technologies in Asia Pacific is expected to help increase the durability and life of water pipes. This should help to meet the demand of the people in the region for clean drinking water.

The demand for potable water pipe repairs is likely to increase in the Asia Pacific region

The Asia Pacific region is recognized as one of the major regions in the Drinking Water Pipeline Repair market. Awareness of water conservation and the supply of clean water to the people of Europe and North America is expected to drive the potable water pipe repair market in the near future. In addition, a large number of collaborations between manufacturers and technology developers should fuel the market for the repair of drinking water pipes in the next few years.

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Highly competitive market with few dominant players

The global drinking water pipe repair market is highly competitive and has a few dominant players. Major players in the drinking water pipe repair market are 3M Company, Advanced Trenchless, Inc., Aegion Corp., Kurita Water Industries Ltd., Agru Kunstofftechnik GmbH, Amex GmbH, Atlantis Plumbing, Müller Water Products, KMG Pipe Rehabilitation Emirates and Brawoliner .