Ductile Iron Pipe Market: Trends, Opportunities and Competitive Analysis [2023-2028]

Ductile Iron Pipe Market Trends and Forecast

The future of the global ductile iron pipe market looks promising with opportunities in the drinking water distribution, wastewater, irrigation, and mining applications. The global ductile iron pipe market is expected to reach an estimated $15.6 billion by 2028 with a CAGR of 5.5% from 2023 to 2028. The major drivers for this market are increasing need for these pipes for collecting wastewater and distributing potable water, growing number of smart infrastructure and smart city projects, and favorable government funding to upgrade water infrastructure.

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Ductile Iron Pipe Market by Segment

The study includes a forecast for the global ductile iron pipe market by product type, application, and region, as follows:

Ductile Iron Pipe Market by Product Type [Shipment Analysis by Value from 2017 to 2028]:

• DN 80-300
• DN 350-600
• DN 700-1000
• DN 1200-2000
• DN2000 & Above

Ductile Iron Pipe Market by Application [Shipment Analysis by Value from 2017 to 2028]:

• Drinking Water Distribution
• Wastewater
• Irrigation
• Mining
• Others

Ductile Iron Pipe Market by Region [Shipment Analysis by Value from 2017 to 2028]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Ductile Iron Pipe Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies ductile iron pipe companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the ductile iron pipe companies profiled in this report include:

• Saint-Gobain
• Kubota
• US Pipe
• Jindal SAW
• Electro-steel Steels
• Mcwane

Ductile Iron Pipe Market Insights

• Lucintel forecasts that DN 700-1000 is expected to witness highest growth over the forecast period due to the substantial usage for these pipes in the sewage application as it can easily operate in extremely alkaline as well as highly acidic conditions.
• Drinking water distribution is expected to remain the largest segment due to the significant usage of these pipelines for the transportation of portable water and industrial and residential wastewater owing to its reliability, durability, and affordability.
• APAC will remain the largest region due to the favorable financial support for the establishment of infrastructure and smart cities, growing number of water treatment facilities, and enormous need for clean water for consumption, farming, and industrial uses in the region.

Features of the Ductile Iron Pipe Market

• Market Size Estimates: Ductile iron pipe market size estimation in terms of value.
• Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
• Segmentation Analysis: Ductile iron pipe market size by various segments, such as by product type, application, and region
• Regional Analysis: Ductile iron pipe market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
• Growth Opportunities: Analysis on growth opportunities in different by product type, application, and regions for the ductile iron pipe market.
• Strategic Analysis: This includes M&A, new product development, and competitive landscape for the ductile iron pipe market.
• Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

• Q1. What is the ductile iron pipe market size?
• Answer: The global ductile iron pipe market is expected to reach an estimated $15.6 billion by 2028.
• Q2. What is the growth forecast for ductile iron pipe market?
• Answer: The global ductile iron pipe market is expected to grow with a CAGR of 5.5% from 2023 to 2028.
• Q3. What are the major drivers influencing the growth of the ductile iron pipe market?
• Answer: The major drivers for this market are increasing need for these pipes for collecting wastewater and distributing potable water, growing number of smart infrastructure and smart city projects, and favorable government funding to upgrade water infrastructure.
• Q4. What are the major segments for ductile iron pipe market?
• Answer: The future of the ductile iron pipe market looks promising with opportunities in the drinking water distribution, wastewater, irrigation, and mining applications.
• Q5. Who are the key ductile iron pipe companies?
• Answer: Some of the key ductile iron pipe companies are as follows:
  • Saint-Gobain
  • Kubota
  • US Pipe
  • Jindal SAW
  • Electro-steel Steels
  • Mcwane
• Q6. Which ductile iron pipe segment will be the largest in future?
• Answer:Lucintel forecasts that DN 700-1000 is expected to witness highest growth over the forecast period due to the substantial usage for these pipes in the sewage application as it can easily operate in extremely alkaline as well as highly acidic conditions.
• Q7. In ductile iron pipe market, which region is expected to be the largest in next 5 years?
• Answer: APAC will remain the largest region due to the favorable financial support for the establishment of infrastructure and smart cities, growing number of water treatment facilities, and enormous need for clean water for consumption, farming, and industrial uses in the region.
• Q8. Do we receive customization in this report?
• Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the ductile iron pipe market by product type (DN 80-300, DN 350-600, DN 700-1000, DN 1200-2000, and DN2000 & above), application (drinking water distribution, wastewater, irrigation, mining, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?