With aging drinking water and sewage pipelines and a rise in spending by states and municipalities to repair crumbling water infrastructure, there is a growing demand for trenchless pipe repair technologies, such as cured-in-place pipe (CIPP) relining. According to a report from Verified Market Research, the cured-in-place pipe Market size was valued at $1.96 billion in 2020 and is projected to reach $2.87 billion by 2028, growing at a CAGR of 4.8%.