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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Ductile Iron Pipes Market Trends
Reportedly, the urban population across the globe is anticipated to rise over 5 billion by 2030. The rapid urbanisation and developmental projects across the globe are driving up the demand for water and wastewater pipeline networks, further elevating the ductile iron pipes market development. Ductile iron pipes are commonly made using recycled steel and iron scrap metals. About 95% of the ductile iron is made up of recycled materials and is completely recyclable. Ductile iron pipes are considered a suitable option for supporting the sustainability initiatives set out by governments, globally.
Figure: Key Investments in Water Projects; 2022-2023
| Country | Year | Investment | Description |
| Brazil | May, 2023 | USD 146 million | Saneago, the public water firm of the state of Goiás, and BRK, a private company announced the investment in water and waste projects in Aparecida de Goiânia and Trindade, where services are provided under a mixed ownership contract. |
| UAE | May, 2023 | USD 2.4 billion | ADNOC and TAQA announced a strategic investment project to develop an advanced seawater treatment facility and an extensive transportation network. |
| USA | April, 2023 | USD 140 million | As part of the President’s Investing in America project, the Department of Interior announced the investment in water conservation and efficiency projects to improve the resilience of the West to drought and climate change. |
| UK | April, 2023 | USD 1.6 billion | The government of the UK and the Water Services Regulation Authority, Ofwat announced an investment to improve the water quality of the rivers, lakes, and coastal waters and secure future water supplies. |
| Saudi Arabia | March 2023 | USD 80 billion | The Kingdom of Saudi Arabia allocated USD 80 billion for the National Water Strategy as part of the Kingdom’s aim to achieve universal and equitable access to safe and affordable drinking water for its population. |
| Italy | October, 2022 | USD 3.9 billion | The Italian government announced the Water Infrastructure Strategy to enhance the country's water infrastructure and minimise leakage in urban and rural regions. |
| China | June, 2022 | USD 7.1 billion | Shandong province furnished an action plan for the development of urban infrastructure over the 14th five-year plan period (2021-2025), which includes investment in water-related infrastructure. |
Ductile Iron Pipes Market Report Snapshots
Ductile Iron Pipes Market Size
Ductile Iron Pipes Market Trends
Ductile Iron Pipes Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 9.21 billion.
The ductile iron pipes market is projected to grow at a CAGR of 6.8% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach a value of around USD 16.68 billion by 2032.
The market is driven by the increasing urbanisation around the world, growth in the demand for portable water, and technological advancements in the manufacturing of ductile iron pipes.
The government policies supporting infrastructural development and the growing application in industrial settings are likely to aid the market expansion.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The different applications are water and wastewater, industrial, irrigation, and mining, among others.
The key players in the market include Saint-Gobain Group, American Cast Iron Pipe Company, Xinxing Ductile Iron Pipe Co.,ltd, KUBOTA Corporation, China National Building Material Co., Ltd, Welspun Corp Limited, Tata Metaliks Ltd., U.S. Pipe, Inc., Jindal Saw Ltd, and Electrosteel Castings Limited, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124