Ductile Iron Pipes 2019 Global Market – Challenges, Drivers, Outlook, Segmentation – Analysis to 2023

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Business

Summary

Market Research Future added New Report Named "Global Ductile Iron Pipes Market Research Report- Forecast 2023" to its Database

Press Release

The unparalleled growth of the end-use industries has resulted in the substantial growth of the ductile iron pipes market. Ductile iron, a type of cast iron and are used extensively for the construction of pipelines for physically transporting water and wastewater for irrigation, drinking, and other purposes. There are various benefits associated with these pipes, which makes them fit to be used in various end-use industries, owing to their durability, efficiency, and reliability. They resist damage during shipping, handling, and installation. Additionally, when compared to its PVC counterparts, these pipes are not affected by extreme temperature changes. This makes ductile iron pipes a preferred option for various end-use industries.

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The global ductile iron pipes market has been segmented based on diameter and application. On the basis of diameter, the market has been classified into DN 80-300, DN 350-600, DN 700-1000, DN 1200-2000, and DN2000 & above. The application segment is further sub-segmented into irrigation and water & wastewater.

On the basis of diameter, the market has been segmented into DN 80-300, DN 350-600, DN 700-1000, DN 1200-2000, and DN2000 & above. The DN 700 – DN 1000 segment is expected to dominate the global ductile iron pipe market during the forecast period. These are used widely for water & wastewater applications. DN 350-600 pipes are also used in a large scale for water supply and irrigation purposes. Their extended life and durability make them a perfect fit for water infrastructure. These pipes are also actively used in mining applications.

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On the basis of application, the segment is divided into– irrigation and water and wastewater. The water and wastewater segment is expected to show maximum growth during the forecast period. The proliferating population and economic growth are factors that are expected to increase the demand for water. 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 in the investment in water-related infrastructure and services that cater to future demand.

Some of the key players in the global ductile pipes market 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).

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