Report Overview

The India ductile iron pipes market reached approximately USD 3.19 billion in 2023. The market is estimated to grow at a CAGR of 12.5% in the forecast period of 2024-2032, reaching a value of around USD 9.22 billion by 2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

India Ductile Iron Pipes Market Size

The India ductile iron pipes market reached approximately USD 3.19 billion in 2023. The market is estimated to grow at a CAGR of 12.5% in the forecast period of 2024-2032, reaching a value of around USD 9.22 billion by 2032.

 

India Ductile Iron Pipes Market Report Summary Description Value
Base Year USD Billion 2023
Historical period USD Billion 2018-2023
Forecast Period USD Billion 2024-2032
Market Size 2023 USD Billion 3.2
Market Size 2032 USD Billion 9.2
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 12.5%
CAGR 2024-2032 - Market by Region West India 13.1%
CAGR 2024-2032 - Market by Joint Type Socket and Spigot 12.9%
CAGR 2024-2032 - Market by Application Water and Watewater 13.7%
Market Share by Region North India 34.7%

 

India Ductile Iron Pipes Market Outlook

  • As of October 2023, India stood fifth in the global top economies with a GDP of USD 3,730 billion.
  • As per the India ductile iron pipes market analysis, ductile iron pipes contain about 90% recycled materials and can be completely recycled.
  • Pumping through a DI pipes instead of PVC can save about 40% of energy consumption.
  • Government initiatives and schemes like Jal Jeevan Mission, AMRUT, and Smart City Mission, aimed at providing drinking water to Indian households, aid the demand for ductile iron pipes.

 

India Ductile Iron Pipes Market Report Snapshots

India Ductile Iron Pipes Market Size

India Ductile Iron Pipes Market Trends

India Ductile Iron Pipes Companies

India 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 3.19 billion.

The market is expected to grow at a CAGR of 12.5% 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 9.22 billion by 2032.

The major market drivers are the rise in urbanisation, the growing demand for portable water, and the surge in investment in water infrastructure.

The key trends of the India ductile iron pipes market include growing demand for sustainable water transmission pipes, increased implementation of high-end materials such as internal polyurethane lining and external polyurethane coating in ductile iron pipes, and favourable government initiatives such as the ‘Nal Se Jal’ scheme.

The major regions in the market are North India, South India, East India, and West India.

The socket and spigot is the leading category for joint types in the market.

The key players in the market are Jindal SAW Ltd., Welspun Corp Limited, Jai Balaji Industries Ltd., Tata Metaliks Ltd., Tosem Steel Pvt Ltd., Rashmi Metaliks Ltd., Electrosteel Castings Limited, and ESL Steel Limited, among others.

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30 North Gould Street, Sheridan, WY 82801

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63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124

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