Global Ductile Iron Pipes Market

Ductile Iron Pipes Market Size, Share, Growth Analysis, By Diameter Outlook(N. 80-300, DN 350-600, DN 700-1000, DN 1200-2000 and DN2000 & above), By Applications outlook(Water & Wastewater), By Region - Industry Forecast 2024-2031

Report ID: SQMIG25G2013 | Region: Global | Published Date: March, 2024
Pages: 178 | Tables: 62 | Figures: 70

Ductile Iron Pipes Market News

  • In January 2023, the introduction of PAMCOAT DUO, a new high-performance coating for ductile iron pipes that is intended to shield them against abrasion and corrosion, was announced by Saint-Gobain PAM.
  • In March 2023, at its Angul facility in India, Jindal SAW Ltd. declared the opening of a new ductile iron pipe foundry. The company's ability to produce ductile iron pipes is anticipated to expand by 40% with the opening of the new foundry.
  • In May 2023, the new ductile iron pipe joint, Tyton SG-JOINT, from Kubota Corporation has been introduced. A watertight seal for ductile iron pipes is intended to be provided by the high-performance Tyton SG-JOINT joint.
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Global Ductile Iron Pipes Market size was valued at USD 5.6 Billion in 2022 and is poised to grow from USD 11.60 Billion in 2023 to USD 16.93 Billion by 2031, at a CAGR of 3.2% during the forecast period (2024-2031).

The competitive landscape of the ductile iron pipe industry is defined by the existence of multiple major competitors vying for market share through a variety of strategies. Xinxing Ductile Iron Pipes Co., Ltd., Kubota Corporation, Jindal SAW Ltd., Saint-Gobain PAM, and McWane Inc. are a few of the major producers in the market. These agencies compete on the basis of factors like pricing, distribution network, product innovation, and fines. Furthermore, market participants frequently use strategic initiatives like partnerships, joint ventures, and mergers and acquisitions to expand their geographic reach, improve their offerings, and bolster their aggressive side. 'CNBM International Corporation (China)', 'DUPONT (US)', 'Svobodny Sokol (Russia)', 'Saint Gobain PAM (France)', 'Tata Metaliks (India)', 'Electrotherm (India)', 'U.S. Pipe (US)', 'Saudi Arabian AMINTIT (Saudi Arabia)', 'McWane Inc. (US)', 'Jindal SAW Ltd. (India)', 'Electrosteel Steels Ltd. (India)', 'Klabin (Brazil)', 'Rashmi Metaliks (India)', 'Kubota Corporation (Japan)', 'Kurimoto, Ltd. (Japan)'

The demand for ductile iron pipes around the world is driven by global infrastructure development projects. Demand is driven by investments in wastewater management, urbanization, and improvements to the water infrastructure. Due to its affordability, resilience to corrosion, and durability, ductile iron is a highly favored material for water distribution networks, supporting market expansion in the face of growing infrastructure projects.

Players in the global ductile iron pipe market are focusing on raising awareness of the benefits of using sustainable ductile iron pipe materials. To satisfy the growing demand for items like small-diameter iron ductile pipes, major suppliers are creating innovative ductile iran pipe building techniques and adhering to the most recent trends in the ductile iron pipes market.

Regional analyses of the ductile iron pipe market show a complicated picture driven by factors like infrastructure spending, financial advancement, and regulatory frameworks. The need for ductile iron pipes is extremely high in developed regions such as North America and Europe due to well-established water infrastructure networks. In these areas, rehabilitating ageing infrastructure is a top priority for municipalities and utilities, which drives up demand for ductile iron and other long-lasting, corrosion-resistant pipe materials. Adoption of innovative piping materials is also aided by strict regulations pertaining to superior water and environmental protection.

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Global Ductile Iron Pipes Market

Report ID: SQMIG25G2013

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