Ductile Iron Pipes Market Analysis | 2023-2028

Ductile Iron Pipes Market Analysis | 2023-2028

Ductile Iron Pipes Market Analysis | 2023-2028
Report code - SR1757 Delivery - 2 Weeks
Ductile Iron Pipes Market Size, Share, Trend, Forecast Analysis & Growth Opp See more...

“The Ductile Iron Pipes Market is expected to grow at a promising CAGR of 6.2% during the forecast period.”

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Market Dynamics

Introduction

Ductile iron pipes are made of ductile cast iron. They are one of the most popular building materials for water supply and sewage applications across the world due to several benefits. Ductile cast iron pipes offer significant advantages in terms of pressure-bearing capacity, impact resistance, and ability to withstand external static/dynamic loading. 

Market Drivers

The development of smart cities and infrastructure is the key factor driving up the demand for ductile iron pipes in the market. Additionally, there is a growing need to improve sanitization in public spaces. Massive investments are being made in these pipes by developed economies. These pipelines will see more use because of water treatment, clean drinking water initiatives, and other water quality improvement activities. There will be high growth opportunities in the market due to rising wastewater treatment costs in many areas.

COVID-19 Impact

The ductile iron pipes market was significantly hampered during the COVID-19 pandemic as there were restrictions on manufacturing activities. Moreover, during the lockdown, there was a reduction in the number of ductile iron pipe installations.

Segments Analysis

Segmentations

List of Sub-Segments

Dominant and Fastest-Growing Segments

Diameter Type Analysis

DN 80-300, DN 350-600, DN 700-1000, DN 1200-2000, and DN 2000 & above

DN 700-1000 range is expected to remain the dominant range of diameter in the market during the forecast period.

Application Type Analysis

Irrigation, Water & Wastewater, and Others

Water & wastewater is expected to remain the fastest-growing application type in the market during the forecasted period.

Regional Analysis

North America, Europe, Asia-Pacific, and Rest of the World

North America is expected to remain the largest market over the next five years, whereas Asia-Pacific is likely to grow at the fastest rate.

By Diameter Type

“DN 700-1000 range dominates the market during the forecast period.”

The ductile iron pipes market is segmented into DN 80-300, DN 350-600, DN 700-1000, DN 1200-2000, and DN 2000 & above. Ductile iron pipes, with a diameter range of DN 700-1000 are expected to dominate the market during the forecast period owing to their wide applications in the water and wastewater industries.

Additionally, DN 350-600 pipes are also widely utilized for irrigation and water supply. They are the ideal choice for water infrastructure because of their long lifespan and toughness. These pipes are employed in mining-related applications. 

By Application Type

“Water & wastewater applications dominate the market during the forecast period.”

The market is segmented into irrigation, water & wastewater, and others. During the forecast period, water & wastewater applications are expected to show robust growth in the market. The proliferating population and economic growth are factors that are expected to increase the water demand. 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 the investment in water-related infrastructure and services that cater to future demand.

Regional Analysis

“North America is likely to hold the greatest share of the global market over the forecast period.”

In North America, the US is the key demand generator for ductile iron pipes. Asia-Pacific is expected to remain the fastest-growing market for ductile iron pipes during the forecast period. The need for clean water for drinking, irrigation, and industrial uses has expanded throughout the region. During the forecast period, this is anticipated to increase the demand for ductile iron pipes in Asia-Pacific.

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Key Players

The market is highly populated with the presence of several local, regional, and global players. Most of the major players compete in some of the governing factors including price, product offerings, regional presence, etc.  

The following are the key players in the ductile iron pipes market (arranged alphabetically).

Note: The above list does not necessarily include all the top players in the market.

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Report Features

This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

What Deliverables Will You Get in this Report?

Key questions this report answers

Relevant contents in the report

How big is the sales opportunity?

In-depth analysis of the Ductile Iron Pipes Market

How lucrative is the future?

The market forecast and trend data and emerging trends

Which regions offer the best sales opportunities?

Global, regional, and country-level historical data and forecasts

Which are the most attractive market segments?

Market Segment Analysis and Forecast

Who are the top players and their market positioning?

Competitive landscape analysis, Market share analysis

How complex is the business environment?

Porter’s five forces analysis, PEST analysis, Life cycle analysis

What are the factors affecting the market?

Drivers & challenges

Will I get the information on my specific requirements?

10% free customization

Research Methodology

This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s ductile iron pipes market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. 

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Customization Option

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

  • Detailed profiling of additional market players (up to three players)
  • SWOT analysis of key players (up to three players)

Competitive Benchmarking

  • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com

Frequently Asked Questions (FAQ)

Ductile iron pipes are made of ductile cast iron. They are one of the most popular building materials for water supply and sewage applications across the world due to several benefits. Ductile cast iron pipes offer significant advantages in terms of pressure-bearing capacity, impact resistance, and ability to withstand external static/dynamic loading.

The ductile iron pipes market is estimated to grow at a CAGR of 6.2% by 2028, driven by the development of smart cities and infrastructure.

U.S. Pipe, AMERICAN Cast Iron Pipe Company, Saint-Gobain PAM, Jindal SAW Ltd, Tata Metaliks, McWane, Inc., Kubota Corporation, Duktus (Wetzlar) GmbH & Co. KG, Electrosteel Steels Ltd., and Xinxing ductile Iron Pipes are the leading players in the ductile iron pipes market.

North America is estimated to remain dominant in the ductile iron pipes market in the foreseeable future. The USA is the biggest demand generator for ductile iron pipes in the region.

Asia-Pacific is estimated to remain the fastest-growing market for ductile iron pipes in the foreseeable future owing to the increasing demand for the product due to the growing need for clean water for drinking, irrigation, and industrial uses throughout the region.

Water & wastewater application is expected to remain the fastest-growing application type in the market during the forecast period owing to the increasing demand for water due to proliferating population and economic growth.