Leading the Charge: Hartman Walsh’s Expertise in the Booming $12.76 Billion Pipe Relining Market
The recent report by The Insight Partners projects the global pipe relining market to surge from $8.50 billion in 2022 to $12.76 billion by 2030, with a compound annual growth rate (CAGR) of 5.2%.
This impressive growth is driven by increased adoption of cost-effective restoration methods, the urgent need for rehabilitating aging infrastructure, significant investments in smart city projects, and the global expansion of oil and gas pipeline renovations.
Hartman Walsh: Over 70 Years of Expertise in Pipe Relining
As a contractor with over 70 years of experience in industrial painting and pipe relining, Hartman Walsh Painting Company has been at the forefront of this evolving market. Our expertise aligns perfectly with the industry’s shift toward trenchless technologies, particularly cured-in-place pipe (CIPP) and spray-in-place pipe (SIPP) methods. This approach involves inserting a flexible liner into damaged pipelines, which is then inflated and hardened to form a new, durable pipe within the existing structure. CIPP minimizes environmental disruption and significantly reduces costs compared to traditional pipe replacement methods.
Oil and Gas Pipelines: A Key Growth Driver
The report underscores the substantial investments being made in oil and gas pipeline projects, particularly in regions like the Middle East, Africa, and the United States. For example, in 2022, oil and gas pipeline projects in the Middle East and Africa were valued at $1.23 trillion. In the U.S., the Department of Energy committed over $30 million to develop technology for rehabilitating aging natural gas pipelines.
Hartman Walsh has consistently contributed to these efforts by delivering specialized pipe relining services designed to enhance the integrity and longevity of critical pipeline infrastructure. Jess Chism, Senior Project Manager at Hartman Walsh, highlights the company’s role in driving innovation within the industry:
“As the demand for cost-effective and environmentally conscious solutions grows, Hartman Walsh continues to lead with advanced pipe relining technologies. Our decades of experience allow us to support vital industries like oil and gas, where precision and durability are paramount. We’re proud to be a trusted partner in modernizing the global pipeline infrastructure.” Jess Chism, Hartman Walsh
Urbanization and Smart City Projects Fuel Market Growth
Urbanization and smart city developments further emphasize the need for reliable sewage and water management systems. The report reveals that urban populations in the U.S. increased by 6.4% between 2010 and 2020, leading to denser urban areas. Similarly, Spain’s urban population reached 82% in 2023.
In response, Hartman Walsh expertise in advanced pipe relining solutions tailored for municipal needs, addressing the challenges posed by aging infrastructure with minimally invasive and cost-efficient technologies will be be put work!
Hartman Walsh: Leading the Future of Pipe Relining
The projected growth of the global pipe relining market reflects the critical importance of innovative rehabilitation methods.
Hartman Walsh Painting Company remains committed to leading the way with superior pipe relining services that cater to diverse sectors, including oil and gas, municipal, and industrial applications. With a legacy of excellence and a forward-looking approach, we are proud to play a key role in modernizing and maintaining essential pipeline infrastructures around the world.
For more information about working with Hartman Walsh, you can contact Justin King at jking@hartmanwalsh.com.