As per this study the Global Ductile Iron Pipe Market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2027 with a CAGR of XX%.
Ductile iron pipe is the pipe made up of ductile iron particularly used for transmission of drinking water, slurries, sewage and process chemicals. It is manufactured through centrifugal casting procedure within a blast furnace and special coating is applied to impart resistance from corrosion. These have higher strength & shelf life, good sealing effect, easy installation & maintenance, with anti-corrosion property have expanded its application in municipal, industrial and other application.
The market is gaining growth on account of rising installation of the products in developed and developing nations. The initiatives undertaken by various governments towards water sanitation are further fueling the market growth. Ongoing industrialization and urbanization along with rise in retrofitting of the existing pipelines is also contributing the demand for ductile iron pipe.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of ductile iron pipe.
The broad ductile iron pipe market has been sub-grouped into application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Water Supply & Treatment Pipe
- Gas & Oil Supply
- Trenchless Application
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for ductile iron pipe in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Ductile Iron Pipe Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the ductile iron pipe market include AMERICAN Cast Iron Pipe Company, Angang Group Yongtong, Benxi Beitai, Electro-steel Steels, Jiangsu Yongyi, Jindal SAW, Kuboat, Kurimoto, Mcwane, Rizhao Zhufu, Saint-Gobain, Shandong ductile pipes, Shanxi Guanghua, SUNS, US PILE and Foundry company and Xinxing Ductile Iron Pipes among others. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.