Ductile Iron Pipe Market Size is estimated to grow at a CAGR of 5.5% during the forecast period


Posted January 9, 2024 by Jameslin

Water and wastewater are physically transported and discharged for drinking, irrigation, and other uses using ductile iron pipe market, which are improved cast iron pipes.

 
Water and wastewater are physically transported and discharged for drinking, irrigation, and other uses using ductile iron pipe market, which are improved cast iron pipes. These pipes provide improved fracture, extreme temperature, and damage resistance during installation, handling, and transportation. They are robust, long-lasting, effective, and dependable. These pipes are used for a variety of functions in end-use industries and have a typical lifespan exceeding 100 years.
They are mostly used for mining, irrigation, sewage and wastewater treatment, and the provision of potable water. The companies that develop and introduce different ductile iron pipe and associated products are part of the global ductile iron pipe market. Over the projected period of 2022–2030, the ductile iron pipe market is anticipated to grow at a compound annual growth rate (CAGR) of 5.5%.

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Growth Drivers:
The need for safe drinking water is growing at a never-before-seen rate due to the growing world population. Furthermore, many major nations throughout the world are experiencing a severe water crisis that is having a negative impact on local communities and homes. Furthermore, a staggering amount of water infrastructure systems around the world need to be replaced right away in order to function properly and effectively. In light of this, governments across many regions are taking significant action to address the numerous worldwide water-related concerns.

Water supply management and wastewater disposal are the two principal applications for ductile iron pipes. Therefore, throughout the forecast period, the growing worldwide water stress and countries' reliance on subterranean pipes for water supply are anticipated to support the expansion of the global ductile iron pipe market.
In addition, the increasing use of ductile iron pipes in irrigation and water distribution, the quickening pace of end-use industry growth, the increasing consciousness of safe and clean drinking water, the increasing industrialization of the world, the growing focus on green building material innovation, and the growing investments in earthquake-resistant piping in major global regions are some of the other key factors driving the growth of the global ductile iron pipe market.
Ductile Iron Pipe Market Segmentation:
By Diameter:
· DN 80 - DN 300
· DN 350 - DN 600
· DN 700 - DN 1000
· DN 1200 - DN 2000
· DN 2000 & Above

By Application:
· Potable Water Distribution
· Sewage & Wastewater
· Irrigation
· Mining
· Centrifugal
· Others

By External Protection:
· Zn/Zn-Al + Bitumen/Epoxy
· PE Ductile
· PU
· Ceramic Epoxy
· Electrosteel

By Sales Channel:
· Direct Sales
· Indirect Sales

By Region:
· North America
· Europe
· Asia Pacific
· Latin America
· Middle East and Africa

Key Companies in Ductile Iron Pipe Market:
The research report offers a competitive analysis of prominent companies operating in the global ductile iron pipe market. Some of the leading players profiled in the market research report include:
· Kubota Corporation
· Duktus GmbH & Co. KG
· Electrosteel Steels Ltd.
· U.S. Pipe
· AMERICAN Cast Iron Pipe Company
· Saint-Gobain PAM
· Jindal SAW Ltd.
· Tata Metaliks
· McWane Inc.
· Xinxing Ductile Iron Pipes
· Other Players

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xResearch is a market research and consulting organization that uses unique data, expert analysis, and new technologies to create trusted intelligence on industries. Our research is focused on delivering an informed and impartial view on essential market data of industry, and it is primarily driven by an in-depth study covering the following parameters: Market Sizing and Forecasting, Market Segmentation, Competitive Analysis, Strategic Assessment and Business Modelling.

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Tags ductile iron pipe market , ductile iron pipe market soize , ductile iron pipe market share , ductile iron pipe market news
Last Updated January 9, 2024