MARKET OVERVIEW - GLOBAL SEWER CABLE MARKET
Sewer Cable Market is used to flush, clean, and drain. High Speed Sewer Cables were developed in response to growing demand and continue to evolve in the drain cleaning industry as more customers use them to clear a wide variety of sewage obstructions. The sewerage cable market’s growth is primarily due to the increased use of machinery in wastewater treatment. Sewer cleaners are being used more and more in both developed and developing countries due to the increasing demand for machines to replace manual operation. Sewer machines are used to drain industrial wastewater and waste from various sectors. These factors can drive the global sewer cable market.
MARKET DRIVER
The introduction of high-speed sewer cleaning will boost the sewer cable market. The rising demand for drain and sewer cleaning machines from developed and developing nations to eliminate manual cleaning operations is boosting market’s growth. Further, the growing population and urbanization drive the sewer cable market growth. According to the world meter, there are more than 7 billion people living on the planet. According to the United Nations report, 61% of the global population lives in Asia, 17% in Africa, 10% in Europe, 8% in Latin America, and 5% in North America. Also, according to the UN, in 2018, 55% of the global population lived in urban areas, and the number is expected to increase to 68% by 2050. Thus, the growing population and urbanization are expected to drive the demand for an efficient sewer system. Further, duct cable manufacturers are making new advances in their cable products to improve wastewater treatment. For example, in August 2017, Pipe Lining Supply introduced a new ultra-fast pipe cleaning cable for sewer cleaning operations. The cable can rotate in either direction at up to 4,000 rpm. Its design also allows customers to twist the drain cleaning cable in either direction without damaging it. Such development of the product range will enhance the growth of the market.
MARKET OPPORTUNITY
A wide range of sewage cleaning machines simplifies sewer cleaning and reduces the need for manual labor. For example, Milwaukee Tool has an MX fuel screw drum machine with a cable drive that automatically retracts and inserts cables, reducing the need for human intervention. As a result, the cable duct market will benefit from the development of more effective drain cleaners. Moreover, the favorable government investment in the maintenance of aging drain systems by various municipal authorities and supporting government policies are expected to provide a lucrative opportunity for the sewer cable market.
MARKET RESTRAINT
The cost of clearing kinked sewer lines limits the sewer cable market's growth. Also, the price volatility of commodities is expected to hinder market growth.
MARKET GROWTH CHALLENGES
The COVID-19 pandemic hampered the growth of the market to a major extent, which has created a major challenge for market growth. Also, the fluctuations in prices of raw materials that are expected to obstruct market growth is one of the factors challenging the growth of the global sewer cable market.
CUMULATIVE GROWTH ANALYSIS
The report provides in-depth analysis of the sewer cable market, market size, and compound annual growth rate (CAGR) for the forecast period of 2023-2029, considering 2022 as the base year. Governments of various countries are taking the initiative to introduce advanced machinery in the field of the sewer cleaning industry across the region. It is fueling the growth of the market and is expected to witness growth at a specific CAGR from 2023-2029.
GLOBAL SEWER CABLE MARKET SEGMENTAL OVERVIEW
The sewer cable market comprises of different market segment like type, diameter, function and geography.
GLOBAL SEWER CABLE MARKET BY TYPE
By type, the sewer cable includes key segment of
- Inner Core
- No Core
- Double Wound
The inner crore segment is expected to dominate the market over the forecast period. The inner core cable is similar to the hollow core cable but has a floating nylon braid in the middle of the cable, making it a little stiffer. This prevents the cable from kinking or breaking. The inner core cable is heavier than other sewer snakes without the added material and takes a bit longer for torque to develop. The nylon inner core makes the cable more durable at a lower cost and does not add weight to the cable. The high-density plastic inner core drain cable is much lighter and less costly than the steel core sewer snake cable. On the other hand, the no core segment is expected to register the fastest CAGR during the forecast period. No core drain cables are used, primarily on small residential pipes which can be difficult to navigate with heavier inner core cable. The double wound drain cleaning cable is the strongest and lightest type of sewer cable.
GLOBAL SEWER CABLE MARKET BY DIAMETER
By diameter, the sewer cable includes key segment of
- 6mm to 10mm
- 30mm and 50mm
- 50mm to 100 mm
- Others
The 6mm to 10mm size segment is expected to dominate the market over the forecast period. Due to their small diameter, these are maximally flexible and pass through every bend. The sewer cable assists in the cleaning of sewer systems that have been clogged due to debris or fats in certain places.
GLOBAL SEWER CABLE MARKET BY FUNCTION
By function, the sewer cable includes key segment of
- Industrial
- Municipal
- Residential
The industrial segment is expected to dominate the market over the forecast period. Drainers are used to drain industrial waste and industrial wastewater. Large-scale drain cleaning usually requires the use of heavy equipment such as excavators, trucks and cranes. Under these circumstances, drainers are used on a limited basis to clear large drain blockages that cannot be cleared with normal equipment. The municipal segment is expected to register the fastest CAGR during the forecast period. The sewage cable market is used for flushing, cleaning and drainage. The Duct Cable Market helps clean duct systems that are clogged with dirt and grease in specific locations.
The residential segment is expected to register the second fastest CAGR during the forecast period. Water is drained from bathtubs, sinks, and other kitchen equipment using drain machines. This helps to prevent water leaks around the house.
GLOBAL SEWER CABLE MARKET BY GEOGRAPHY
By geography, the sewer cable includes key segment of
- North America
- Asia Pacific
- Europe
- Row
North America is expected to dominate the market over the forecast period due to increased urbanization and construction activities are strengthening the sewage business in North America. In the year 2021, the sewer cable market size was valued at US$86.06 million. Demand for sewer cables is high in the area, and sewer cleaning service providers and individuals are well-versed with technology. Low barriers to entry and low CAPEX for sewer cable manufacturing have increased the number of sewer cable manufacturers in North America.
COVID-19 IMPACT ANALYSIS ON GLOBAL SEWER CABLE MARKET
The COVID-19 pandemic has disrupted the production of various sewer cable products and caused a global lockdown. This has slowed growth in the sewage cable industry in recent months and is expected to continue through 2021. COVID-19 has had a major impact on the urban infrastructure sector. As a result, maintenance work in developing countries has decreased dramatically. As a result, sewer cable sales are expected to decline in the first half of 2021, which will have a negative impact on market growth in 2022. New purchases of sewage equipment are declining due to low demand for sewage treatment services. The global outbreak of COVID-19 has led to a spike in the adoption of sewer machines, coupled with associated accessories such as cables. Therefore, the demand for sewage cables will decrease, directly impacting the growth of the market.
COMPETITIVE LANDSCAPE ANALYSIS
The competitive landscape analysis of the sewer cable market is primarily focused on expanding the global growth of the sewer cable market with new product innovation, business expansion, and the increasing presence of a range of manufacturers operating in the market has led to growing demand for the market. Besides, the market offers a range of products to fulfil the required demand of consumers, which is further contributing to healthy growth in the market.
The key players studied in market are
- Sewer Cable Equipment Company
- Coast Manufacturing
- MyTana LLC
- Coast Manufacturing
- Trojan Worldwide Inc
- Spartan Tool
- Duracable Manufacturing Co
- Ridgid
- General Wire Spring Co
- Hongli Pipe Machinery
- Milwaukee Tool
- Wymefa B.V
- Emerson Electric Co.
- Gorlitz
- Amazing Machinery
- DCD Drain
RECENT DEVLOPMENT
May 2018: Brasscraft manufacturing company opened its own warehouse and distribution center. The warehouse has been a key distribution centers since its opening alongside the distribution center in Ontario, California.
November 2017: PIPE Lining Supply introduced a new ultrahigh-speed drain cleaning cable for sewer cleaning operations. The new cable can be spun at rational speeds of up to 4,000 RPM in either direction.
