Press release
Ductile Iron Pipes Market To Record Substantial Gains By 2031 | Key Players Aliaxis SA, Electrotherm India
According to a new report published by Allied Market Research, titled, Ductile Iron Pipes Market by Diameter (DN upto 300, DN 300 to 700, DN 700 to 1000, DN 1000 to 1200, DN Above 1200), by Joint Type (Socket and spigot, Flanged, Others), by Application (Water and wastewater, Industrial, Irrigation): Global Opportunity Analysis and Industry Forecast, 2021-2031. The ductile iron pipes market size was valued at $11.4 billion in 2021, and is estimated to reach $19.2 billion by 2031, growing at a CAGR of 5.3% from 2022 to 2031.The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape and regional landscape.
The report is a useful source of information for new entrants, shareholders, frontrunners and shareholders in introducing necessary strategies for the future and taking essential steps to significantly strengthen and heighten their position in the market.
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Industry Insights:
Commonly observed diameter types of ductile iron pipes are DN up to 300, DN 300 to 700, DN 700 to 1000, DN 1000 to 1200, and DN 1200 & above. Among these, DN 300 to 700 segment accounted for the largest ductile iron pipes market share in 2021, owing to its wide usage in water and wastewater industry.
The market is analyzed with respect to different types of joints available in ductile iron pipes, which includes socket & spigot, and flanged. Among these, socket & spigot segment is expected to witness the highest CAGR, owing to its wide scale use in pipes for collecting and transporting wastewater, as well as to supply fresh water to large communities. And by application, it is based on water & wastewater, industrial, and irrigation. Among these, water & wastewater segment registered the highest revenue in 2021.
Furthermore, the market is mainly driven by increase in population that is driving demand for demand for domestic and commercial use. However, easy corrosion of ductile iron pipes and fluctuating cost of raw materials used for constructing ductile iron pipes constrain the ductile iron pipes market growth.
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Top Players:
Key companies profiled in the ductile iron pipes market forecast report include Aliaxis SA, American Cast Iron Pipe Company, China National Building Material Group Co., Ltd. (CNBM), Electrotherm India Limited, European Pipeline Engineering (Southern) Ltd., Jindal SAW Ltd., Kubota Corporation, Kurimoto Ltd., McWane International, Rashmi Group, Rivitswade Ltd., Saint Gobain PAM Canalisation, Supra Group, Tata Metaliks, U.S. Pipe, VonRoll Hydro (Suisse) Ag., and Xiamen Landee Industries Co., Ltd.
Key Findings of the Study
• The report provides an extensive analysis of the current and emerging ductile iron pipes market trends and dynamics.
• By diameter, the DN 300 to 700 segment accounted for the highest market in terms of revenue in 2021.
• By joint, socket & spigot segment is expected to grow at a higher CAGR.
• By application, water & wastewater segment registered the highest revenue in 2021.
• LAMEA is projected to register the highest growth rate in the coming years.
• The key players within the ductile iron pipes market are profiled in this report, and their strategies are analyzed thoroughly, which helps understand competitive outlook of the ductile iron pipes industry.
• The report provides an extensive analysis of the current trends and emerging ductile iron pipes market opportunities.
• In-depth ductile iron pipes market analysis is conducted by constructing estimations for the key segments between 2022 and 2031.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, DE. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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