Ductile Iron Pipes Market Research Report – Global Forecast till 2030

Ductile Iron Pipes Market Research Report, by Diameter (DN 80-300, DN 350-600, DN 700-1000, DN 1200-2000, and DN2000 & above), Application (Water & Wastewater and Irrigation), and Region (North America, Europe, APAC, and RoW) — Global Forecast till 2030

ID: MRFR/CO/6130-HCR | January 2023 | Region: Global | 107 Pages         

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Ductile Iron Pipes Market

The ductile iron pipes market is projected to be worth USD 16.4 Billion by 2030, registering a CAGR of 6.5% during the forecast period (2022 - 2030)

Segmentation
By Diameter DN 80-300 DN 350-600 DN 700-1000 DN 1200-2000 DN2000 & above
By Application Water & Wastewater Irrigation
Key Players
Companies Profiled   U.S. Pipe (US)   AMERICAN Cast Iron Pipe Company (US)   Saint-Gobain PAM   Jindal SAW Ltd (India)
Drivers
Market Driving Forces   They resist damage during shipping    handling    and installation.
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Ductile Iron Pipes Market Overview


The ductile iron pipes market is projected to be worth USD 16.4 Billion by 2030, registering a CAGR of 6.5% during the forecast period (2022 - 2030), The market was valued at USD 8.5 billion in 2021. The use of the iron ductile is important in pipeline constructions. Transportation of water for irrigation, wastewater and drinking water is the purpose of these iron pipes. There are lots more benefits associated with ductile iron pipes. The uses of these pipes are plenty. They are useful in many industries.


 They are iron pipes that can rest damaged during handling, shipping and installation. Durability, efficiency and reliability are some of the benefits of ductile iron pipes. There are extreme pressure changes or any other external factors that will affect these pipes. The ductile pipes use iron, zinc, aluminium epoxy, ceramic and electro steel. The rise of smart infrastructure and cities is growing the demand for ductile irons.


Further, there is a growing need to enhance sanitization in public places. These are factors that raise the use of ductile iron pipes. Developed economies are having massive investments in these pipes. Further, water treatment, clean drinking water and other water improvement measures will increase the use of these pipelines. Rising expenditure for wastewater treatment in many regions will create high growth opportunities. 


Global Ductile Iron Pipes Market: Regional Analysis


The global ductile iron pipes market has been segmented on the basis of region into– North America, Europe, Asia-Pacific, and the rest of the world (RoW). In 2017, North America accounted for the largest share in the overall market and will continue to dominate the market till 2023. The US held the largest market share in the ductile iron pipes market in North America.


Asia-Pacific holds a sizeable share in the market and is expected to register maximum growth rate during the forecast period. The region has witnessed an increased demand for clean water for drinking as well as irrigation and industrial purposes. This is expected to fuel the demand for ductile iron pipes in Asia-Pacific during the forecast period.Some of the ductile iron pipe manufacturers are U.S. Pipe (US), AMERICAN Cast Iron Pipe Company (US), Saint-Gobain PAM, Jindal SAW Ltd (India), Tata Metaliks (India), McWane, Inc. (US), Kubota Corporation (Japan), Duktus (Wetzlar) GmbH & Co. KG (Germany), Electrosteel Steels Ltd. (India), and Xinxing Ductile Iron Pipes (China).


Global Ductile Iron Pipes Market: Segmentation


The global ductile iron pipes market has been segmented based on diameter and application. On the basis of diameter, the market has been classified into DN 80-300, DN 350-600, DN 700-1000, DN 1200-2000, and DN2000 & above. The application segment is further sub-segmented into irrigation and water & wastewater.


On the basis of diameter, the market has been segmented into DN 80-300, DN 350-600, DN 700-1000, DN 1200-2000, and DN2000 & above. The DN 700 - DN 1000 segment is expected to dominate the global ductile iron pipe market during the forecast period. These are used widely for water & wastewater applications. DN 350-600 pipes are also used in a large scale for water supply and irrigation purposes. Their extended life and durability make them a perfect fit for water infrastructure. These pipes are also actively used in mining applications.


On the basis of application, the segment is divided into– irrigation and water, and wastewater. The water and wastewater segment is expected to show maximum growth during the forecast period. The proliferating population and economic growth are factors that are expected to increase the demand for water. This opportunity has been met with various beneficial government and non-government initiatives in terms of policies and regulations. The focus of the government bodies is to increase in the investment in water-related infrastructure and services that cater to future demand.


The global ductile iron pipes market is highly competitive with many players, across the globe. These players have adopted various strategies to expand their global presence and increase their market shares. Some of the key strategies adopted by the key players are new product developments in terms of advanced material, mergers and acquisitions, and the formation of strategic partnerships and collaborations.Recent Development


2021 


Jindal SAW Ltd. accepts a supply of circular iron pipes for three major companies. the supply of the products is expected to rise the growth rate of the market.


August 2019 


Tata Metaliks is announcing is planning to double the production rate. also, the company is acquiring more shares in the market.


April 2019 


Saint Gobain is selling its ductile iron pipe unit to other companies. The purchase of this share by the Chinese key players will raise overall demand and supply. 


April 2021 


McWane is a water manufacturing company that is expanding its business. due to this new ductile iron pipes are essential for the company. All of these will contribute to the high growth rate of the market.


Intended Audience:



  • Raw Material Suppliers

  • End Users

  • Product Manufacturers

  • Traders and Distributors

  • Regulatory Bodies

  • Market Research and Consulting Firms



Report Scope:

Report Attribute/Metric Details
  Market Size   2030: USD 16.4 Billion
  CAGR   6.5% CAGR (2022 to 2030)
  Base Year   2021
  Forecast Period   2022 to 2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   by Technology, by Application, by Material
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   U.S. Pipe (US), AMERICAN Cast Iron Pipe Company (US), Saint-Gobain PAM, Jindal SAW Ltd (India), Tata Metaliks (India), McWane, Inc. (US), Kubota Corporation (Japan), Duktus (Wetzlar) GmbH & Co. KG (Germany), Electrosteel Steels Ltd. (India), and Xinxing Ductile Iron Pipes (China).
  Key Market Opportunities

  • Rapid urbanization
  • Unprecedented growth in the construction sector
  • Increase in focus on innovation in green construction materials
  •   Key Market Drivers

  • Resist damage during shipping, handling, and installation
  • Use in physically transporting water and wastewater for irrigation, drinking, and other purposes


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    Frequently Asked Questions (FAQ) :

    The ductile iron pipes market is projected to be worth USD 16.4 Billion by 2030, registering a CAGR of 6.5% during the forecast period (2022 - 2030)

    Ductile iron pipes market CAGR would be 6.5% during the forecast period.

    North America had the largest ductile iron pipes market share.

    Asia Pacific would record the maximum market growth rate during the forecast period.

    The DN 700 - DN 1000 segment would dominate the ductile iron pipes market.