Ductile Iron Pipes Market Research Report – Global Forecast till 2030

Ductile Iron Pipes Market Research Report Information By Diameter (D.N. 80-300, DN 350-600, DN 700-1000, DN 1200-2000, and DN2000 & above), By Application (Water & Wastewater and Irrigation), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2030

ID: MRFR/CO/6130-HCR | 107 Pages | Author: Sakshi Gupta | December 2023         

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Global Ductile Iron Pipes Market Overview

Ductile Iron Pipes Market Size was valued at USD 10.9 billion in 2022. The Ductile Iron Pipes market industry is projected to grow from USD 11.60 Billion in 2023 to USD 16.93 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 6.50% during the forecast period (2023 - 2030). Resist deterioration during handling, installation, and transportation Use for physically moving water and garbage for drinking, irrigation, and other uses are the key market drivers enhancing the market growth.
Ductile Iron Pipes Market Overview
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Ductile Iron Pipes Market Trends

  • Growing investments in projects to upgrade the water infrastructure and construct more desalination plants to propel market growth

Diverse investments are being made in water projects to upgrade rural infrastructure, make it simple for rural regions to get water, and enhance wastewater treatment. For instance, the United States Department of Agriculture reports that in 2021, the U.S. government committed US$307 million to upgrade the rural infrastructure for 250,000 people and businesses by upgrading obsolete pipes and service lines in 34 states and Puerto Rico. Additionally, according to the European Investment Bank, the bank would spend US$12 million on Kosovo's wastewater treatment in 2020, giving more than 90 000 people better and more reasonably priced access to water and wastewater services. Additionally, the Government of Planning and Economic Development in Egypt reports that in December 2021, the ministry granted US$27 million for tying rural homes to wastewater networks. Due to this rise in investments, ductile iron pipes will be used more frequently for distributing portable water and in sewage treatment facilities. The market CAGR for ductile iron pipes will rise as a result.

Desalination facilities are where salt water is transformed into drinkable water. Such plants are quite strong in Gulf nations like Saudi Arabia, Abu Dhabi, Oman, and Qatar. Due to the rising demand for drinkable water, more desalination facilities have been built in gulf nations. For instance, the Salt Water Conversion Corporation claims that the Shuqaiq IWP desalination plant, which would generate 450,000 cubic meters of potable water per day and serve 200,000 people, will be finished in 2022. Additionally, it finished building the Yanbu desalination plant in 2020, which would provide 1.8 million people in Madinah and the industrial city of Yanbu with 550,000 m3/d of water.

Additionally, Abengoa Agua finished building Salah Desalination Plant in 2020. This facility has a capacity of 113,500 m3/d. Due to the growing number of desalination plant developments, ductile iron pipes will be used increasingly frequently to supply people with drinkable water. The ductile iron pipes market revenue will increase as a result.

Growing infrastructure and smart city development initiatives support consumer demand. Moreover, governments are launching water & wastewater management projects due to the fast economic expansion and mounting demand to enhance the sanitation in metropolitan areas. Diverse industrial application fields are also anticipated to provide market potential. Some of the ductile iron pipes market trends presenting sizable potential prospects are the rapidly expanding awareness for clean and safe drinking water, accelerating technical advancements, and better wastewater management solutions & manufacturing practices. In addition, strict government guidelines for wastewater management and agricultural irrigation present a wealth of prospects for suppliers of ductile iron pipes.

In contrast, the fabrication of ductile iron pipes requires raw resources, and price instability and the supply-demand imbalance in those markets are significant barriers to industry expansion. The expansion of the market needs to be improved by the significant expenditures to set up wastewater treatment and pipe production facilities. Although many areas are increasing their expenditures on earthquake-resistant pipes, this will support market expansion for the evaluation period. Ductile iron pipes are resistant to earthquakes; they can bend but do not break during quakes, maintaining a steady flow of water.

Ductile Iron Pipes Market Segment Insights

Ductile Iron Pipes Diameter Insights

Based on Diameter, the Ductile Iron Pipes market segmentation includes D.N. 80-300, DN 350-600, DN 700-1000, DN 1200-2000, DN2000 & above. DN 700-1000 share the highest market growth during the forecast period 2022. Sewage applications often use pipes between DN 700 and DN 1000. Due to its interior high-alumina cement mortar lining, these pipes can withstand operating conditions that vary from strongly alkaline to severely acidic. DIPs are also used to transport potable water from dams to urban areas. To prevent corrosion, DIPs are usually internally coated. DIP is also used excessively in the mining sector. By the end of the forecast period, it is predicted that the worldwide potable water transportation market segment will have the most market share.

Figure 2:  Ductile Iron Pipes Market, by Diameter, 2022 & 2030 (USD billion)
Ductile Iron Pipes Market, by Diameter, 2022 & 2030
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Ductile Iron Pipes Type Insights

Based on fusion type, the  Ductile Iron Pipes market segmentation includes Water & Wastewater and Irrigation. Due to efforts and expenditures made by both the government and non-government organizations in creating water-related infrastructure and services, the water and wastewater category now maintains the biggest share in the ductile iron pipes market revenue in 2022.

Ductile Iron Pipes Regional Insights

By region, the study provides market insights into North America, Europe, Asia-Pacific and the Rest of the World. The Asia Pacific Ductile Iron Pipes market accounted for USD 5 billion in 2022 and is expected to exhibit a significant CAGR growth during the study period. The market for ductile iron pipes is expanding due to the region's present emphasis on infrastructure development and smart city initiatives. The region's improved economic circumstances further support market expansion. Additionally, the Region's quick industrial and urban development increases the demand for ductile iron pipes uses.

Further, the major countries studied in the market report are The U.S., Canada, Germany, France, the U.K., Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

North America Ductile Iron Pipes market ranks second in terms of market. The broad awareness of clean water is responsible for the biggest market share. Additionally, the region's significant demand from the irrigation and, water & wastewater sectors fuels market expansion. The early adoption of various cutting-edge waste management solutions and the substantial presence of renowned industry players with broad product portfolios influences the market share for ductile iron pipes. Because these nations have the top vendors for ductile iron pipes, the U.S. maintains a sizeable portion of the regional market. Moreover, US Ductile Iron Pipes market held the largest market share, and the China Ductile Iron Pipes market was the fastest growing market in the region.

Europe has a sizable market for ductile iron pipes. The number of government initiatives and funds allocated to clean water projects is growing throughout the area. An increase in smart city initiatives and higher government spending in the area simultaneously fuels growth in the industry. Due to expanded drinking water & wastewater management programs, European nations, including France, Germany, the U.K., and Norway, account for large shares in the regional market. Moreover, UK Ductile Iron Pipes market held the largest market share, and the Germany Ductile Iron Pipes market was the fastest growing market in the region.

Ductile Iron Pipes Key Market Players & Competitive Insights

Major market players are investing a lot of money in R&D to expand their product portfolios, which will spur further market growth for the Ductile Iron Pipes industry. With significant industry changes, including new product releases, market developments, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations, market participants are also undertaking various strategic activities to expand their  presence. To grow and remain in a market that is becoming more and more competitive, Ductile Iron Pipes industry competitors must provide affordable products.

Manufacturing locally to cut operational costs is one of the main business tactics used by the Ductile Iron Pipes industry to serve customers and increase the market sector. The Ductile Iron Pipes industry has recently given medicine some of the most important advantages. In the Ductile Iron Pipes market, major players such as U.S. Pipe (U.S.),  AMERICAN Cast Iron Pipe Company (U.S.), Saint-Gobain PAM,  Jindal SAW Ltd (India), and others are working on expanding the market demand through investing in research and development activities.

The business manufactures and sells ductile iron pipes and foundry-grade pig iron. Tata Metaliks opened a ductile iron pipes facility in Kharagpur, West Bengal, in September 2022. With this development, the manufacturing capacity will increase to 400KT, applicable in two stages.

For complete ductile iron pipes and fittings for water and sewage networks, including pipes, fittings, valves, access covers, and gratings, turn to Saint-Gobain PAM. To minimize water loss by 80% in the Balkans, Northwest Bulgaria, Saint Gobain PAM secured a significant contract in June 2020 to overhaul the whole drinking water and wastewater infrastructure network.

Key Companies in the Ductile Iron Pipes market include

Ductile Iron Pipes Industry Developments

  • January 2021: The product portfolio of McWane Inc. will be enhanced by the purchase of Clear Water Manufacturing Corp., a leading producer and distributor of ductile iron pipes and steel pipe fabrication.

  • October 2020: The merging of the two businesses was accepted by Electrosteel Casting and Srikalahasti Pipes in 2020. Following the merger, the new organization would become India's top producer of ductile iron pipes, with a 30% market share.

Ductile Iron Pipes Market Segmentation

Ductile Iron Pipes Diameter Outlook

  • N. 80-300

  • DN 350-600

  • DN 700-1000

  • DN 1200-2000

  • DN2000 & above

Ductile Iron Pipes Application Outlook

  • Water & Wastewater

  • Irrigation

Ductile Iron Pipes Regional Outlook

  • North America

    • US

    • Canada

  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe

  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Australia

    • Rest of Asia-Pacific

  • Rest of the World

    • Middle East

    • Africa

    • Latin America

Report Scope:

Report Attribute/Metric Details
Market Size 2022 USD 10.9 billion
Market Size 2023 USD 11.60 billion
Market Size 2030 USD 16.93 billion
Compound Annual Growth Rate (CAGR) 6.50% (2023-2030)
Base Year 2022
Market Forecast Period 2023-2030
Historical Data 2018 & 2021
Market Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered Product Type, Operating Platforms, and Region
Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
Countries Covered The U.S, Canada, Germany, France, the U.K., Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled U.S. Pipe (U.S.), AMERICAN Cast Iron Pipe Company (U.S.), Saint-Gobain PAM, Jindal SAW Ltd (India)  
Key Market Opportunities Rapid urbanization Unprecedented growth in the construction sector Increase in focus on innovation in green construction materials
Key Market Dynamics Resist damage during shipping, handling, and installation Use in physically transporting water and wastewater for irrigation, drinking, and other purposes

Frequently Asked Questions (FAQ) :

The Ductile Iron Pipes market size was valued at USD 10.9 Billion in 2022.

The Ductile Iron Pipes market is projected to grow at a CAGR of 6.50% during the forecast period, 2023-2030.

Asia Pacific had the largest share in the Ductile Iron Pipes market

The key players in the Ductile Iron Pipes market are U.S. Pipe (U.S.), AMERICAN Cast Iron Pipe Company (U.S.), Saint-Gobain PAM, and Jindal SAW Ltd (India).

Water and wastewater had the largest share in the  Ductile Iron Pipes market.

Key Questions Answered

  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players’ financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
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