The main objective of this report is to define, describe, and forecast the global “Drinking Water Pipe Repair” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market. According to the report, the global drinking water pipe repair market is projected to grow at a Healthy CAGR over the forecast period of 2018-2024.
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Kurita Announced the Launch of KWSS (Kurita Water Supply Service), a Pure Water Supply Service for the Small and Medium Sized Pure Water Treatment Equipment Market
Kurita Water Industries Ltd. is a Japanese manufacturer, providing water treatment chemicals and facilities as well as process treatment chemicals. In August 2016, Kurita Water Industries Ltd. announced the launch of its KWSS (Kurita Water Supply Service) for its water treatment facilities business. KWSS is the pure water supply service that reduced the total cost for customers by setting up and owning pure water treatment equipment, the assets of the Company, by responding to customers and remotely monitoring the operational status of the water treatment facilities and the quality of the treated water in real time.
Using a business model unique to the Kurita Group, this service aims to expand and develop its business scheme for the small- and medium-sized pure water treatment equipment market by simplifying the structure of the ultrapure water supply business.
Increasing demand for repairing of existing water pipelines promote growth in Drinking Water Pipe Repair Market.
Increasing demand for repairing of existing water pipelines is growing the demand for drinking water pipes repair. In addition, construction activities are propelling the demand for drinking water pipes repair. Furthermore, an increase in concerns about public safety increases the awareness concerning about healthy drinking water that impels corporations and local governments to take regular maintenances work of pipeline that is another factor driving the market growth. Execution of strict regulations related to the minimization of leakage and pipe bursts is boosting the drinking water pipe repair market. Hence, the government of several countries is supporting and funding the adoption and development of the latest technology in pipe repair and maintenance. However, on the other side, the high installation cost of pipe repair in underdeveloped countries may be a restraining factor, particularly for small-scale industries with inadequate capital. Moreover, to identify the maintenance work of pipeline sensors are used that helps in providing several growth opportunities for drinking water pipe repair market.
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The Asia Pacific region to contribute its growth in Drinking Water Pipe Repair Market.
Among the geographies, Asia Pacific region is dominating region for the drinking water pipe repair markets throughout the forecast period. Due to incremental growth in population and rapid urbanisation requirement for strong distribution water pipelines across various region, that ultimately incites the repair and maintenance work. Furthermore, awareness regarding the preservation of water is boosting the Drinking Water Pipe Repair Market in Asia Pacific region.
The major key players in drinking water pipe repair Market are 3M Company, Mueller Water Products, Advanced Trenchless, Inc., Amex GmbH, KMG Pipe Rehabilitation Emirates, Advantage Reline, Kurita Water Industries Limited, Aegion Corp, Agru Kunstofftechnik GmbH, and Affordable Trenchless & Pipe Lining.
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