The “Ductile Iron Pipes Market” 2024-2032 Research Report provides both qualitative and quantitative insights into market growth factors, limitations, opportunities, and challenges. It offers comprehensive market data on key players and revenue forecasts. The report includes revenue growth statistics for various and country-level markets, along with insights into competition and detailed company analyses for the projected period. The Ductile Iron Pipes Market Report covers growth drivers, current market share, adoption of various types, technologies, applications, and trends up to 2032.
The global ductile iron pipes market revenue was around US$ 12.0 billion in 2022 and is estimated to reach US$ 19.2 billion by 2031, growing at a compound annual growth rate (CAGR) of 5.3% during the forecast period from 2023 to 2031.
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Ductile iron pipe is produced from the same types of raw materials as regular cast iron pipe; yet, ductile iron pipes have carbon molecules in various configurations than cast iron. This causes them more bendable without breaking, therefore, they are known as ductile. Ductile iron pipes are widely utilized for the collection of wastewater and the distribution of potable water.
Factors Influencing Market Growth
-Countries across the world are investing significantly in enhancing their water infrastructure; therefore, rising demand for ductile iron pipes.
-The growth of the ductile iron pipes market is mainly driven by the rise in population that is pushing demand for commercial and domestic use.
-The fluctuating cost of raw materials utilized for constructing ductile iron pipes and the easy corrosion of ductile iron pipes restrain the growth of the ductile iron pipes market.
-The extensive usage of ductile iron pipes for water supply in irrigation projects is anticipated to positively influence the growth of the ductile iron pipes market.
Impact of COVID-19
The impact of COVID-19 pandemic had a negative influence on the global ductile iron pipes market because of the limitations on manufacturing activities. Also, ductile iron pipes could not be installed during the lockdown period.
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Regional Analysis
In 2022, Asia-Pacific dominated the global ductile iron pipes market in terms of revenue, followed by Europe and North America. Also, the ductile iron pipes market in LAMEA is anticipated to grow at a high growth rate because of its high growth potential in terms of industries and population.
Leading Companies
The leading prominent companies profiled in the global ductile iron pipes market are: –
-Aliaxis SA
-American Cast Iron Pipe Company
-China National Building Material Group Co., Ltd. (CNBM)
-Electrotherm India Limited
-European Pipeline Engineering (Southern) Ltd.
-Jindal SAW Ltd.
-Kubota Corporation
-Kurimoto Ltd.
-McWane International
-Rashmi Group
-Rivitswade Ltd.
-Saint Gobain PAM Canalisation
-Supra Group
-Tata Metaliks
-U.S. Pipe
-VonRoll Hydro (Suisse) Ag.
-Xiamen Landee Industries Co., Ltd.
-Other prominent key players
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Segmentation Outline
The global ductile iron pipes market segmentation focuses on Diameter, Joint Type, Application, and Region.
Segmentation based on Diameter
-DN upto 300
-DN 300 to 700
-DN 700 to 1000
-DN 1000 to 1200
-DN Above 1200
Segmentation based on Joint Type
-Socket and spigot
-Flanged
-Others
Segmentation based on Application
-Water and wastewater
-Underground
-Surface
-Industrial
-Irrigation
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Segmentation based on Region
-North America
-The U.S.
-Canada
-Europe
-UK
-Germany
-France
-Italy
-Spain
-Netherlands
-Rest of Europe
-Asia-Pacific
-China
-Japan
-India
-Australia
-South Korea
-Singapore
-Rest Of Asia-Pacific
-LAMEA
-Latin America
-Middle East
-Africa
Reasons to Buy This Report:
(A) This research is an invaluable resource for top-level executives, policymakers, industry professionals, sales managers, and market stakeholders. It empowers them to make informed decisions and develop effective strategies.
(B) The report provides a comprehensive analysis of DUCTILE IRON PIPES market revenues at global, regional, and country levels, offering projections up to 2032. This data allows companies to assess market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the DUCTILE IRON PIPES market based on types, applications, technologies, and end-uses. This segmentation facilitates strategic planning and resource allocation based on the expected growth rates of each segment.
(D) Investors benefit from an analysis of the DUCTILE IRON PIPES market, gaining insights into market scope, positioning, key drivers, challenges, growth opportunities, and potential threats. This information aids in making well-informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge equips businesses with a better understanding of the competitive landscape, enabling them to strategize effectively.
(F) The study aids in evaluating DUCTILE IRON PIPES market predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
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(*Note: The historical years and projected period in the report are flexible and can be tailored upon request. Additionally, the scope of the published report is adjustable to meet specific requirements, and customized analyses based on particular geographies or countries can be included as part of the customization.)
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