The global ductile iron pipe market will likely reach a valuation of US$ 9.33 billion in the year 2024 and increase to US$ 15.34 billion by the end of 2034, growing soundly at a CAGR of 5.1% from 2024 to 2034. The global ductile iron pipes market is witnessing significant growth based on rapid urbanization, infrastructure developments, and the demand for robust and efficient water and sewage systems. These strengths make the ductile iron pipes resist corrosion and bear other harsh environmental conditions, making its demand rapid in most regions, specifically in water distribution and wastewater management.
Get Free Sample Copy of This Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=4182
Drivers
Infrastructure development, which is growing, annually mainly across South Asia, Oceania, and the Middle East, forms demand for ductile iron pipes. Countries are making massive investments in the supply of water and sewage with rapidly urbanizing and growing populations. Ductile iron pipes are favored for such projects because an extended period of service life leads to a reduction in relative maintenance and replacement costs. Smart technologies applied in urban areas and smart cities include smart ductile iron pipes embedded with sensors to monitor water distribution in real-time.
All this can be attributed to the growth in the number of infrastructure projects in the Middle East and Africa regions, especially those related to water and sewage systems. Because ductile iron pipes are able to resist the soils that cause corrosion and the changes in climates, they are a better choice to be used under severe environmental conditions in this region. For example, population growth in the countries of the Gulf Cooperation Council is increasing the need for more water infrastructure, wherein ductile iron pipes can be looked at to be a cost-effective solution in the long term.
Key Companies Profiled
- Construtec Ductile
- American Cast Iron Pipe Company
- Duktus (Wetzlar) GmbH & Co. KG
- Tata Metaliks
- Saudi Arabian AMINTIT
- U.S. Pipe
- Saint Gobain PAM
- Jindal SAW Ltd.
- Kubota Corporation
- McWane Inc.
- CNBM International Corporation
- Electrotherm
- Electrosteel Steels Ltd.
- Rashmi Metaliks
- Svobodny Sokol Poland
- Kurimoto, Ltd.
Key Market Segments
The marketing segmentation arises from diameter size, application, and coatings to protect the pipes externally. The growth is more observed in the segment from DN 700 to DN 1000, especially in industrial sectors like oil and gas pockets that use large diameter pipes in the transportation of material under very high pressure.
Ductile iron pipes are used chiefly in the applications of potable water distribution, sewage and wastewater management, and industrial processes such as mining and petrochemicals. The huge strength and resistance from corrosion make the pipes suitable for such intense applications.
Applied coatings—like zinc, zinc-aluminum with bitumen, and epoxy—are common for extra protection from corrosion. This becomes especially vital in regions like South Asia and Oceania, where pipes are exposed to varying temperatures and levels of moisture.
Get Customization on this Report for Specific Research Solutions: https://www.factmr.com/connectus/sample?flag=RC&rep_id=4182
Competitive Landscape
The global ductile iron pipe market consists of companies like Saint Gobain PAM, Arabian Pipes Company, and Hobas Pipe Middle East. These companies have been continuously involved in product innovation, quality assurance, and supply chain optimization. Additionally, companies have been using advanced technologies, such as coatings that increase corrosion resistance, in order to help companies meet the stringent requirement of modern infrastructure projects.
High market growth for ductile iron pipes will be witnessed over the next decades because, with many rapidly urbanizing regions, demand for water distribution and sewage systems will continue to soar. These make ductile iron pipes an important durable and efficient solution for infrastructure projects, especially in some regions where problems with environmental conditions arise. It is becoming increasingly used as more and more government investment comes for smart cities and modern infrastructure. Ductile iron pipes have even been adopted as part of the new global infrastructure development.
About Fact.MR :
We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client’s satisfaction.
Contact:
US Sales Office
11140 Rockville Pike
Suite 400 Rockville, MD 20852
United States Tel: +1 (628) 251-1583, +353-1-4434-232 (D)
Sales Team: sales@factmr.com
