ROCKVILLE, Md., A recently released research report by Fact.MR, a market research and competitive intelligence provider, states that the Ductile Iron Pipe Market is expected to develop at a CAGR of 5.1% from its 2024 valuation of $9.33 billion to $15.34 billion by 2034. Because of its strength, resilience, and adaptability, ductile iron pipes (DIPs) are crucial for the transportation of water and sewage. In sewage applications, sizes DN 700–DN 1000 are typical, and the high alumina cement mortar lining guarantees durability to extremely acidic and alkaline environments.
Unsafe sanitation, which gets worse as the population grows, is a growing problem for governments around the world. Many nations suffer from poor infrastructure, and more than half of the world's population still lacks access to sufficient sanitation. Governments are putting water sanitation measures into place to combat this. Because of their high production capacity, ease of installation, and recyclable nature, ductile iron pipes, or DIPs, are extensively utilized in sewage and wastewater control. They are also widely utilised in the mining industry and are highly sought after for the transfer of drinking water in urban areas.
Despite their high labour and capital costs, ductile iron pipes are still the go-to option for water transmission. The need for DIPs is anticipated to increase gradually as a result of increased government spending on the restoration of potable water infrastructure.
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Key Takeaway from Market Study:
- The global ductile iron pipe market is forecasted to expand at a CAGR of 5.1% from 2024 to 2034.
- Sales of ductile iron pipes in Japan are estimated at US$ 349 million for 2024.
- Sales of ductile iron pipes in united states are estimated at US$ 1.91 Billion for 2024.
- The North American ductile iron pipe market size is estimated at US$ 2.66 billion in 2024.
- East Asia is projected to account for 38.4% of the global ductile iron pipe market share by 2034.
- Zn/Zn-Al + bitumen/epoxy ductile iron pipe sales are projected to reach US$ 8.35 billion by 2034-end.
Popularity of Zn/Zn-Al + Bitumen/Epoxy Coated Ductile Iron Pipes
The growing demand for Zn/Zn-Al + bitumen/epoxy coated ductile iron pipes is driven by their superior corrosion resistance, durability, and compliance with environmental and potable water standards. These coatings act as a protective barrier, preventing exposure to corrosive soil or water environments. With a market value of US$ 4.7 billion in 2024, this segment is expected to grow at a 5.5% CAGR, reaching US$ 8.35 billion by 2034. Their long lifespan and reduced maintenance needs make them a cost-effective solution for infrastructure projects worldwide.
Key Market Players:
- 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
Competitive Landscape:
Leading players in the ductile iron pipe market are adopting various strategies to strengthen their market position, profitability, and competitiveness. They are investing in advanced manufacturing technologies to enhance production efficiency, lower costs, and improve product quality.
Additionally, companies are expanding into developing markets with rising infrastructure demands, leveraging growth opportunities while reducing risks tied to regional market fluctuations. By establishing a global footprint, these firms are positioning themselves for sustained growth and resilience in an evolving industry landscape.
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More Valuable Insights on Offer:
Fact.MR, in its new offering, presents an unbiased analysis of the ductile iron pipe market, presenting historical demand data and forecast statistics for the period (2024 to 2034).
The study divulges essential insights into the market based on on diameter, application, external protection, sales channel, and region. By diameter, it includes DN 80 to DN 300, DN 350 to DN 600, DN 700 to DN 1000, DN 1200 to DN 2000, and DN 2000 and above. Applications cover potable water distribution, sewage and wastewater, irrigation, mining, centrifugal DI pipes, and others. External protection options include Zn/Zn-Al + Bitumen/Epoxy, PE, PU, Ceramic Epoxy, and Electrosteel. Sales channels are categorized into direct and indirect sales, while key regions include North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa.
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