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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Ductile Iron Pipes Market Analysis by Region
Asia Pacific is a prominent region in the ductile iron pipes market outlook due to an increased demand for smart cities and sanitation infrastructure
According to the ductile iron pipes market report, the developing economies in Asia Pacific, like India are significantly contributing to the growth of the market owing to increased demand for sanitation infrastructure. Further, the growing number of smart cities, such as Kuala Lumpur, Hong Kong, and Taipei City, among others, are also fuelling the demand for extensive pipeline networks.
The key ductile iron pipe manufacturers in North America include AMERICAN Ductile Iron Pipe, Canada Pipe Company, LTD., McWane Ductile, and U.S. Pipe. Around 75% of the pipelines in the water distribution networks of Toronto are made of ductile iron. Further, DI pipes are less prone to failure compared to PVC pipes owing to their high tensile and bending strength and impact resistance, impacting the ductile iron pipes market growth. The use of ductile iron pipes in Canadian public water supply systems has increased the reliability of water supply to Canadians.
Further, the European ductile iron pipes market is driven by the increasing sustainability concerns on inland water transport. This aids the adoption of ductile iron pipes due to their recyclability and energy savings. Further, the UK also holds a large geothermal potential in areas, such as East Lindsey, Redcar and Cleveland, Northumberland, Middlesbrough, Hartlepool, and Bassetlaw, among others. The high-temperature resistance of ductile iron pipes makes them ideal for carrying hot water or steam in geothermal plants.
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