Ductile Iron Pipes Market Trend | analysis, Growth, Share, Size and Demand outlook by 2027

 Market Highlights

The global ductile iron pipes market trend has witnessed a surge in growth rates in the past few years. This is attributed to its durability, cost-effectiveness, and heat & pressure resistance. These pipes are manufactured according to the most rigorous and conservative standards of the industry, which makes them highly durable. The installation of ductile pipes is very cost-effective and have a long-term cost advantage because of its properties, which, in turn, reduces the overall maintenance costs. These properties along with other advantages make such pipes a fit for critical applications in water and wastewater and irrigation purposes. Due to this, the market for ductile iron pipes has witnessed significant growth in the last few years. Similar growth is expected to be seen during the forecast period. However, these pipes are prone to both, external and internal corrosion. Additionally, various lighter alternatives of ductile iron pipes are also available in the market. These factors pose a threat to the growth of the ductile iron pipes market.

North America to see gradual growth in the global Ductile Iron Pipes Market Trend over the forecast period.

On the basis of region, the global ductile iron pipes market has been segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). North America is expected to dominate the global market, primarily due to the increasing investments in research and development of advanced materials and the rising number of pipeline development projects for water and wastewater applications.

Asia-Pacific is expected to witness the highest growth during the forecast period. China accounted for the largest market share in 2017. The reason is credited to the increasing population and rapid urbanization, which has created a demand for clean drinking water. This has fueled the demand for ductile iron pipes in the region.

The water and wastewater segment is expected to account for the highest growth rate during the forecast period 2018–2023

On the basis of application, the water and wastewater segment is expected to witness maximum growth during the forecast period. The rising population and optimistic economic conditions are expected to increase the demand for clean water. This has been met with several initiatives, in terms of policies and regulations, by government bodies. The focus of such government bodies is improving the investments in water-related infrastructure and services to cater to future demand. Furthermore, the properties of ductile iron such as durability, efficiency, and reliability make it a preferred choice of materials used in the pipeline systems for water infrastructure.

Scope of the Report

This study provides an overview of the global Ductile Pipes, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia-Pacific and the rest of the world (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global ductile iron pipes market by diameter, by application, and by region.


By Diameter

  • DN 80-300
  • DN 350-600
  • DN 700-1000
  • DN 1200-2000
  • DN2000 & Above


By Application

  • Irrigation
  • Water and Wastewater
  • Others


By Region

  • North America 
  • Asia-Pacific 
  • Europe
  • Rest of the World  

Key Players

The prominent players in the global ductile iron pipes market trend 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).

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

 

Contact:

 

Market Research Future®

 

99 Hudson Street,5Th Floor

 

New York, New York 10013

 

United States of America

 

Phone:

 

+1 628 258 0071(US)

 

+44 2035 002 764(UK)

 

Email: sales@marketresearchfuture.com

 

Website: https://www.marketresearchfuture.com

 

Related Report:

https://www.marketresearchfuture.com/reports/refrigerated-truck-market-9993

 

https://www.marketresearchfuture.com/reports/third-party-logistics-3pl-market-9996

 

https://www.marketresearchfuture.com/reports/sugarcane-wax-market-10104

 

https://www.marketresearchfuture.com/reports/cast-elastomers-market-6373    

Comments

Post a Comment

Popular posts from this blog

Middle East and North Africa Metallic Stearates Market, Growth, Size, Region & Country, Revenue, Analysis & Forecast Till 2032

  Metallic stearates, widely used in various industries, are compounds derived from stearic acid and metal salts. These versatile substances find their applications in numerous sectors, including plastics, rubber, cosmetics, pharmaceuticals, and paints. With their exceptional lubricating, stabilizing, and anti-blocking properties, metallic stearates have witnessed a significant surge in demand, fueling the growth of the   Middle East and North Africa   metallic stearates market. The continuous development in the industry and the increasing investment in the industry, where the market value is expected to reach over USD 5.4 billion by the year 2030 with a CAGR of 5.4% during the forecast period. Expanding Applications : The  Middle East and North Africa metallic stearates market  has experienced remarkable growth due to the expanding applications across several industries. In the plastics industry, metallic stearates act as lubricants, preventing the me...
Read more

Middle East and North Africa Purging Compound Market, Growth, Size, Region & Country, Revenue, Analysis & Forecast Till 2032

  The  Middle East and North Africa purging compound market  has witnessed significant growth in recent years, owing to its crucial role in optimizing the efficiency and cleanliness of polymer processing equipment. This article delves into the key factors driving the market's expansion and highlights the benefits of using purging compounds in various industrial applications. Enhancing Operational Efficiency : Purging compounds play a pivotal role in ensuring the smooth operation of polymer processing equipment, such as extruders, Molded Pulp Packaging , and blow molding machines. By effectively removing color, contaminants, and residues from the machinery, purging compounds enable quick transitions between different materials, reducing downtime and improving productivity. Manufacturers can minimize material waste and achieve cost savings by utilizing purging compounds during color changes, material switches, and machine shutdowns. Efficient Cleaning Mechani...
Read more

Middle East and North Africa Polyurethane Dispersion Market, Growth, Size, Region & Country, Revenue, Analysis & Forecast Till 2032

  Polyurethane dispersion (PUD) has emerged as a versatile and environmentally friendly alternative to traditional solvent-based coatings and adhesives. With its unique properties and applications across various industries, polyurethane dispersion has gained significant traction in recent years. This article explores the growing popularity of  Middle East and North Africa polyurethane dispersion market , its advantages, applications, and the future prospects of this remarkable material. polyurethane dispersion market Size was valued at USD 2.2 billion in 2021. The polyurethane dispersion market industry is projected to grow from USD 2.3 Billion in 2022 to USD 3.8 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 7.25% during the forecast period (2022 - 2030).  The Advantages of Polyurethane Dispersion: Environmental Friendliness: One of the primary advantages of polyurethane dispersion is its eco-friendly nature. Unlike solvent-based coatings, PUDs ...
Read more