The study on the global ductile iron pipes market provides granular assessments of key growth dynamics and opportunities in the market. These include a comprehensive analysis of the regulatory and strategic landscape during the historical period on the global level and across numerous regions. Fact.MR offers data-driven insights through the ductile iron pipes market sizing and projections of various segments—shares and size—during the forecast period. The insights offered in the report are aimed at guiding companies and players to identify new growth avenues, winning imperatives, and untapped regional markets.
Ductile Iron Pipes offer various benefits as compared to other conventional piping solutions that include PVC, HDPE, PVCO etc. Some of the major advantages include higher life span, low maintenance, easy installation, high durability, recyclability and many more. In addition, the average thickness of DI pipes over the years has reduced owing to increased metal strength. The manufacturers of piping solutions across the globe have realized the aforementioned advantages and they are continuously increasing their production capacities of ductile iron pipes to gain a competitive edge in the global ductile iron pipes market.
Furthermore, the key players are coming up with various technological advancements that is increasing the penetration of ductile iron pipes across various applications including water & waste water management, agriculture, mining etc. Introduction of earthquake resistant ductile iron pipes along with reliable protection encasements are some of the major advancements witnessed in the global ductile iron pipes market. Hence, on the backdrop of all the above mentioned factors, the Global Ductile Iron Pipes market is expected to witness a growth rate of nearly 6% in terms of value over the forecast period (2019-2029).
Also, government investments in water & waste water management, increasing urbanization in developing countries coupled with increasing production capacities are the primary factors propelling the ductile iron pipes market growth till 2029. However, higher overall costs & susceptibility to corrosion are the factors impeding the ductile iron pipes market growth.
In the making of the ductile iron pipes market study, the following are taken into:
- History Period: 2014 – 2018
- Base Period: 2014
- Estimated Year: 2029
- Forecast Period: 2019 – 2029
Interested market participants and readers can peruse the global market ductile iron pipes market report to get insights into and evaluation of:
- Key growth drivers and restraints, trends and opportunities, and major challenges influencing the adoption rate of offerings by various players in the ductile iron pipes market
- Major research and product development projects
- Promising technologies and favorable regulations in key regions
- Segments that will lose or gain shares in the next few years
- Value chain of key vendors and manufacturers
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The ductile iron pipes market report provides estimations and the market sizing and prospects of various regions. To this end, the study makes in-depth segmentation of the following key regions:
- North America
- Latin America
- Europe
- South Asia and Oceania
- East Asia
Middle East & Africa along with Asia have been identified as the most lucrative regions under Ductile Iron Pipes market. The countries in Middle East & Africa and Asia Pacific regions witness water scarcity and poor water supply facilities. Middle East & Africa are one of the most land and water constrained regions in the world. It has the lowest water tariff in the world and subsidizes water consumption. Furthermore, countries in Asia Pacific, such as China and India, also face severe issues related to water supply for agricultural land and drinking water.
Hence, Middle East & Africa offers significant scope for manufacturers of ductile iron pipes to export their products to the region and establish manufacturing plants. In addition, there have been anti-dumping duties imposed by India on Chinese manufacturers and by Europe on Indian & Chinese manufacturers. Such regulations promote the local manufacturers of the ductile iron pipes market. For instance, Cosider (Algeria), KIOCL Ltd. (India) etc. are entering the Ductile Iron Pipes market with substantial production capacities. Therefore, ductile iron pipe manufacturers and suppliers can benefit from exploring new horizons and expanding into Middle East & Asian regions.
The study also takes a closer look at the prevailing regulatory and macroeconomic frameworks and in the key country markets.
Fact.MR has been closely tracking shares and size, and factors shaping the demand and consumption dynamics of various offering by key players in the ductile iron pipes market over the past several years. To this end, the study segments the ductile iron pipes market on the following diameter:
- DN 80 – DN 300
- DN 350 – DN 600
- DN 700 – DN 1000
- DN 1200 – DN 2000
- DN 2000 & Above
The report, in order to offer a comprehensive assessment of the growth dynamics shaping the prospects of external protection, segments the overall ductile iron pipes market into:
- Coated
- Protection Sleeve / Encasement
Detailed profiling of the comp