- 170 Pages Market Research Survey by Fact.MR, A Market Research and Competitive Intelligence Provider, Offers Insights on Global Ductile Iron Pipes Sales Growth
A Fact.MR survey on ductile iron pipes market offers detailed analysis on key growth drivers and trends accelerating ductile iron pipes sales globally. The survey also gives detailed analysis on the competitive landscape of ductile iron pipes market, identifying key market players and analyzing the impact of their growth strategies
NEW YORK, July 7, 2021 /PRNewswire/ -- Fact.MR's latest study on ductile iron pipes demand outlook projects robust growth between 2021 and 2031. As per the report, the market is expected to register growth at 6% CAGR. The demand for ductile pipes will surge in response to the adoption of water supply policies.
700 to 1,000 diameter ductile iron pipes will witness extensive demand and account for ¼ market share due to their longer lifespan and reliability.
Ductile iron pipes find application in public infrastructure for potable water distribution, irrigation, mining, sewage, and waste water transportation. It is estimated that ductile iron pipes sales will rise in response to increasing government spending on water infrastructure across globe.
Ductile iron pipe sales trend in Gulf Cooperation Council (GCC) countries such as Saudi Arabia, United Arab Emirates, Qatar, and Oman are expected to remain positive. As per Fact MR, ductile iron pipes sales accounted for US$ 425 Mn in GCC countries in 2020. Government investment towards water desalination and transportation projects will continue creating opportunities for growth.
For instance, in 2020, the United Arab Emirates (UAE) started a multi-million-dollar government funded project focusing on water desalination and transportation of desalinated water for public welfare. This project has created opportunities for prominent DIP manufacturers such as Saint Gobain, Jindal SAW, and Kubota to increase market revenues.
In 2020, ACCIONA planned to construct a fifth desalination plant valued at US$ 384 Mn in Saudi Arabia to improve water supply in Southwest Saud Arabia.
"Key players are focusing on capacity expansion to cater to the increasing demand for earthquake resistance ductile iron pipe (ERDIP) pipes. Besides this, there is increasing emphasis on increasing production capacity to gain competitive edge," said a Fact MR analyst.
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Key companies are focusing on product launches and import strategies to increase market revenue. Strategies adopted by them also include innovation, collaborations with key players, partnerships, strategic alliances, and strengthening of regional and global distribution networks. For instance,
In 2021, Jindal SAW Ltd initiated to supply ductile iron pipes for 3 projects of Etihad Water and Electricity in Northern Emirates, divided into 43.5 km, 17.7 km and 42 Km. Supply of Dip has begun in April 2021. Along with the existing project, company also agreed to support all upcoming U.A.E. projects as well.
In August 2019, Tata Metaliks has announced a project to double its production capacity of ductile iron pipes by the end of 2021.Company is focusing on to increase percentage contribution of ductile iron pipes segment from 55% to 70% with this strategic move.
Key players operating in the global ductile iron pipes market include
Saint Gobain PAM
Jindal SAW Ltd.
Saudi Arabian AMINTIT
American Cast Iron Pipe Company
Duktus (Wetzlar) GmbH & Co. KG
Electrosteel Steels Ltd.
Svobodny Sokol Poland
CNBM International Corporation
Kurimoto, Ltd. and many others
More Insights on the Ductile Iron Pipes Sales Outlook:
Fact MR provides an unbiased analysis of the ductile iron pipes market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the global ductile iron pipes market with a detailed segmentation on the basis of:
DN 80 - DN 300 Ductile Iron Pipes
DN 350 - DN 600 Ductile Iron Pipes
DN 700 - DN 1000 Ductile Iron Pipes
DN 1200 - DN 2000 Ductile Iron Pipes
DN 2000 & Above Ductile Iron Pipes
Ductile Iron Pipes for Potable Water Distribution
Ductile Iron Pipes for Sewage & Wastewater
Ductile Iron Pipes for Irrigation
Ductile Iron Pipes for Mining
Centrifugal DI Pipes
By External Protection
Zn/Zn-Al + Bitumen/Epoxy Ductile Iron Pipes
PE Ductile Iron Pipes
PU Ductile Iron Pipes
Ceramic Epoxy Ductile Iron Pipes
Electrosteel DI Pipes
By Sales Channel
Direct Sales of Ductile Iron Pipes
Indirect Sales of Ductile Iron Pipes
Key Questions Covered in the Ductile Iron Pipes Market Report
The report offers detailed insights into ductile iron pipes demand outlook for 2021-2031
The market study also highlights projected sales growth of ductile iron pipes between 2021 and 2031
Ductile iron pipes sales outlook survey identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry
Ductile iron pipes market share analysis of the key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others
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