Europe Ductile Iron Pipes Market Size 2022-28: Growth, Trends, Share Analysis

According to Precision Business Insights (PBI), the latest report, the europe ductile iron pipes market is expected to be worth USD 1,322.5 million in 2022, growing at a 7.3% CAGR from 2022 to 2028. Rugged, secure, and dependable, the ductile iron pipe has more than 100 years of lifespan. It is an environmentally superior pipe due to its extended service life, resistance, energy savings while in use, recycled material, and recyclability. A clean energy future and a current, dependable water infrastructure depend on the ductile iron pipe. Escalating demand from numerous end-use industries, such as the distribution of potable water, sewage and wastewater treatment, irrigation, mining, and other areas. The need for ductile iron pipes is also increasing due to increased construction activity around the globe. A type of cast iron called ductile iron is frequently used in constructing pipelines that transport water and wastewater for drinking, irrigation, and other uses. These pipes are appropriate for use in various end-use sectors due to their durability, effectiveness, and dependability. They are resistant to damage when handled, installed, and transported. Extreme temperature changes do not affect these pipes, unlike PVC pipes.

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DN 700 - DN 1000 Segment to Dominate the europe ductile iron pipes market:
The DN 700 - DN 1000 segment is expected to account for a larger revenue share in the Europe ductile iron pipes market, with a value share worldwide. It is projected to grow at a 9.1% CAGR between 2022 and 2028. The industry will advance due to the increasing demand for various applications for DN 700 - DN 1000. Pipes between DN 700 and DN 1000 are frequently used for sewage systems. These pipes can withstand operating conditions that range from highly alkaline to severely acidic due to their high alumina cement mortar lining. They also carry drinking water from dams to urban areas. These pipes are highly preferred for mining applications.

Germany Ductile Iron Pipes Market:
The Germany market is expected to increase in the Europe ductile iron pipes market over the forecast period. It is projected to grow at a CAGR of 8.2% in the coming years. Due to the increased need for infrastructure services such as water and power supply, roads and transportation, and sanitation. Ductile iron pipes will have many more opportunities to provide water without being contaminated as the demand for a dependable, robust, and long-lasting water pipeline system for water distribution reasons increases. The increased demand for wastewater disposal to maintain sanitary conditions and a healthy environment around residential areas will fuel market demand in addition to the previously mentioned factors. This is due to the need for high-quality pipes that won't react with wastewater components when carrying sewage water.

Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players:
The Europe ductile iron pipes market further reveals that the key players are increasingly adopting strategies such as the launch of newer products, product launches, and long-term alliances to improve market revenue share and gain significant geographic presence across the region. For instance, In 2020, Svobodny Sokol LLC began ductile iron pipe production for Hungary for water supply

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The europe ductile iron pipes market is segmented based on diameter, application, and geography.
Based on the diameter, the market is segmented into the following:
• DN 80 - DN 300
• DN 350 - DN 600
• DN 700 - DN 1000
• DN 1200 - DN 2000
• DN 2000 & Above

Based on the application, the market is segmented into the following:
• Potable Water Distribution
• Sewage & Wastewater
• Irrigation
• Mining
• Others

Based on geography, the market is segmented into the following:
• North America
• Europe
• The Asia Pacific
• Latin America
• MEA

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Key players' profiles in the europe ductile iron pipes market report are Construtec, vonRoll hydro GmbH & Co. KG, Saint-Gobain PAM, LTK Svobodny Sokol LLC, Pulsar Measurement, Xylem, FT Pipeline Systems Ltd., VIP-Polymers Ltd., and YTM Pipe.

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