Advanced Pipe Lining Technology Growing Into Multi-Billion Dollar Industry


Posted October 26, 2021 by Nuflowtech2

Nu Flow Tech provides an overview of the industry in Piping
 
Over recent years the advanced technology of CIPP linings was gaining ground steadily as more property owners and investors started to realize the multiple benefits and immense cost savings that this sophisticated pipe technology holds. As with any other industry, this one too had some indications of business slowing down with the global pandemic. However, recent reports are indicating that after the 2020 shock, this industry has been on the rebound since 2021 and there is a new and even more rapid growth taking place and that all forecasts indicate that by 2026 this industry would be roughly $3 billion strong. We wanted to know what the driving force behind this immense growth is and what is causing the positive effect on the industry’s bottom line.

“There are many reasons why homeowners and property managers would be keen on opting for CIPP lining repairs. There are cost-savings and far fewer disruptions to your life as there is no digging, almost no wastage and far fewer people at risk. Also, you won’t have to go as long without water. However, the biggest growth in the industry is not necessarily from these smaller properties, but also city councils opt for this solution. The trenchless pipe rehabilitation method causes far fewer disruptions to traffic, nor does it slow down work productivity or keep people at home. As the task requires far less labour, it is much more cost-effective and friendly towards the financial budget. Many of these budgets are still suffering from the impact of the pandemic and while municipalities need to clamp down on expenses, they still need to take care of vital repairs, making it even more of an alluring offer to save on maintenance costs” explains Tom Bowman, the president to Nu Flow Tech.

Bowman also explains that the process is rather simplistic as their teams of technicians who are located across the globe, access the existing pipe systems via manholes and can take care of repairs that way. This team makes sure that every part of the job is done to a set standard as their products and services must adhere to ASTM regulations and be compliant with the requirements of OSHA. Thus, it is not only an affordable solution but also a trusted one.

The team of pipe specialists can cover a wide range of pipe sizes as the solution they offer is so versatile. It is why the range of solutions they offer and the portfolio of markets they serve is so diverse and it is this diverse market that is driving the industry forward towards its expected success.

About Us :

Our story starts in 1998 when we opened our first office in Canada. Due to the hard work and diligence of our qualified and highly skilled team, we could expand beyond expectations and are now a global service provider. Our sophisticated solution is setting a new benchmark as it doesn’t only bring about a much more cost-effective solution but also due to it being such an environmentally friendly option. The wastage from the construction industry has been a major headache for years already as this is filling landfill sites. As our solution expands the lifespan of your existing system, there is hardly any wastage involved. Visit our website at https://www.nuflowtech.com/ or contact us directly and learn more about our advanced solution and the benefits it holds for you.
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Contact Email [email protected]
Issued By Nu Flow Tech
Phone (800) 834-9597
Business Address Flat 8 Legra Grange, 7710 Kenamar Court, San Diego, California, United States
Country United States
Categories Business , Services
Tags lead pipe replacement , pipe coating , trenchless sewer repair
Last Updated October 26, 2021