Global Ductile Iron Pipes Market Report and Forecast 2024-2032

Global Ductile Iron Pipes Market Report and Forecast 2024-2032

Global Ductile Iron Pipes Market Report and Forecast 2024-2032

Market Outlook

According to the report by Expert Market Research (EMR), the global ductile iron pipes market reached a value of around USD 9.21 billion in 2023. Aided by the rapid urbanisation, population growth, and ageing water infrastructure, the market is expected to register a CAGR of 6.8% in the forecast period of 2024-2032, to reach USD 16.68 billion by 2032.

Ductile iron pipes are made from ductile cast iron, a type of iron that is treated with magnesium to enhance its strength and flexibility. These pipes are commonly used for the conveyance and distribution of potable water in various applications such as municipal water supply systems, industrial water pipelines, and irrigation networks, leading to the ductile iron pipes market expansion.

Compared to traditional cast iron pipes, ductile iron pipes offer several advantages. One of the key benefits is their improved ductility, which allows them to withstand greater external pressure and bending without fracturing. This makes them less prone to cracking or breaking under heavy loads or ground movement, ensuring a longer lifespan and reduced maintenance costs.

The ductile iron pipes market demand is driven by multiple factors, including rapid urbanisation, population growth, and infrastructure renewal initiatives. As cities expand and populations surge, the need for reliable water supply networks and durable sewerage systems becomes increasingly imperative, driving demand for high-quality ductile iron pipes.

The ductile iron pipes market growth can also be attributed to inherent advantages offered by the product. Ductile iron combines the strength and durability of traditional cast iron with the flexibility and corrosion resistance necessary for modern water infrastructure systems. This unique combination of properties makes ductile iron pipes well-suited for a wide range of applications, from potable water distribution to industrial wastewater conveyance.

Moreover, the increasing investment in water infrastructure projects by governments and utilities worldwide is fuelling the demand for ductile iron pipes as a reliable and cost-effective solution for water distribution and sewage conveyance. With ageing infrastructure systems in need of replacement and expansion, ductile iron pipes offer a proven and sustainable option for meeting the growing demand for clean water and sanitation services.

Furthermore, the emergence of smart water technologies and digital solutions is transforming the way water infrastructure systems are managed and monitored, presenting new opportunities for innovation and efficiency in the ductile iron pipes market. From sensor-enabled pipe networks to predictive maintenance algorithms, technology-driven advancements are enhancing the reliability, resilience, and sustainability of ductile iron pipe systems worldwide.

Meanwhile, the rising awareness of environmental sustainability and the need to conserve water resources are driving the adoption of ductile iron pipes as a preferred choice for water infrastructure projects. Unlike alternative materials such as PVC or HDPE, ductile iron pipes have a longer service life and can withstand higher operating pressures, reducing the need for frequent replacements and minimising lifecycle costs over time, consequently driving up the ductile iron pipes market share.

In addition to their durability and reliability, ductile iron pipes offer advantages in terms of installation flexibility and adaptability to various soil conditions. With options for push-on joint systems, mechanical joint systems, and restrained joint systems, ductile iron pipes can accommodate a wide range of installation scenarios, including trenchless installation methods and challenging terrain.

Market Segmentation

The market can be divided based on diameter, joint type, application, and region.

Market Breakup by Diameter

• Dn Up To 300
• Dn 300 To 700
• Dn 700 To 1000
• Dn 1000 To 1200
• Dn Above 1200

Market Breakup by Joint Type

• Socket and Spigot
• Flanged

Market Breakup by Application

• Water and Wastewater
• Underground
• Surface
• Industrial
• Irrigation
• Mining
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global ductile iron pipes market. Some of the major players explored in the report by Expert Market Research are as follows:

• Saint-Gobain PAM
• American Cast Iron Pipe Company
• Xinxing Ductile Iron Pipe Co.,ltd.
• KUBOTA Corporation
• China National Building Material Co., Ltd.
• Tata Metaliks Ltd.
• U.S. Pipe, Inc.
• Jindal Saw Ltd
• Others

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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.