Ductile Iron Pipes Market - Forecast (2024 - 2030)
Ductile Iron Pipes Market Overview
Global ductile iron pipes market size is estimated to reach US$9.5 billion by 2027, after growing at a CAGR of 7.1% from 2022-2027. Ductile iron pipe is a pipe made from casting iron and is commonly used for potable water transmission, irrigation, ash-slurry handling & disposable system and sewage treatment plants. The inner lining of pipe is coated with cement mortar or polyurethane to prevent it from corrosion. Factors like growing investments to improve water infrastructure, high consumption of potable water and growing desalination plant projects are driving the growth of global ductile iron pipes market. However, availability of substitutes like PVC pipes can lead to less usage of ductile iron pipes, which can hamper the growth of global ductile iron pipes industry.
?? ???????????????? ???????????? ???????????? @ https://tinyurl.com/2he79faj
COVID-19 Impact
COVID-19 left a negative impact on global ductile iron pipes industry, as the lockdown implemented by countries in order to prevent the spreading of coronavirus caused lack of availability of labors and raw materials. This halted construction of various infrastructure projects relating to establishing water treatment plants. For instance, according to Public Health Engineering Organization, in 2020, the agency halted the work on water treatment plant at Burla in Odisha. Further, according to American Water Works Association, the capital expenditure on drinking water facilities was reduced by US$ 5 billion. Such decrease in capital expenditure and halting of water treatment plant construction, led to less usage of ductile iron pipes for water treatment and distribution. This had a negative impact on the growth of global ductile iron pipes industry.
Report Coverage
The “Ductile Iron Pipes Market Report – Forecast (2022 – 2027)”, by IndustryARC, covers an in-depth analysis of the following segments of the Global Ductile Iron Pipes Industry
By Diameter – DN 80-300, DN 300-700, DN 700-1000, DN 1000-2000, DN 2000-2200, and Above 2200
By Material – Recycled Steel, Ductile Cast Iron (Ferritic Ductile Iron, Ferritic Pearilitc Ductile Iron, and Pearlitic Ductile Iron), and Scrap Metal
By Method – Open-Cut Method, Jacking Method, Shield Method, and Others
By Application – Potable Water Distribution, Raw & Clear Water Transmission, Ash-Slurry Handling & Disposable System, Fire Fighting System, Irrigation, Water Treatment (Sewage Treatment, Industrial Waste Water Treatment), Drinking Water Distribution, and Others
By Geography - North America (USA, Canada, Mexico), Europe (UK, Germany, France, Italy, Netherland, Spain, Russia, Belgium, Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia, and New Zealand, Indonesia, Taiwan, Malaysia, Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, Rest of South America), Rest of the World (Middle East, Africa)
Key Takeaways
For More Details on This Report - Request for Sample
Ductile Iron Pipes Market Segment Analysis – By Diameter
DN 300-700 held a significant share in global ductile iron pipes market in 2021, with a share of over 27%. These pipes have high alumina cement mortar lining which enables them to withstand operating conditions that are highly acidic. Hence, such pipes are used for potable water distribution, waste water and sewage treatment plant. Growing establishment of waste water treatment plants has positively impacted the usage of ductile iron pipes. For instance, according to International Water Association, in 2019, China established Sui County No.3 WWTP in Henan province which is designed to treat an average flowrate of 40,000m3/day of waste & sewage water. Further, according to UNICEF, in 2021, Kirkuk Water Directorate and UNICEF reopened Maktab Khalid Water Treatment Plant in Al Multaq sub-district, and the treatment plant has capacity to provide water to 18,000 individuals. The setting up of such water treatment plants will lead to more usage of ductile iron pipes in them, which will positively impact the growth of global ductile iron pipes industry.
Ductile Iron Pipes Market Segment Analysis – By Method
Open-Cut method held a significant share in global ductile iron pipes market in 2021, with a share of over 35%. This method compared to other methods is less expensive and the damages incurred on pipes can be easily repaired. Hence such method is widely used in sewage treatment plant for installation of sewer lines. The growing number of waste water treatment plants has positively impacted the usage of ductile iron pipes. For instance, according to Ministry of Housing for Utilities, in 2021, Egypt had 146 waste water treatment plant having a total daily capacity of 5 million cubic meters. Further, according to National Municipal Wastewater Treatment Management System, in September 2019, number of wastewater treatment plants in China was 5333 compared to 1096 in 2007 same month showing four times increase. Such increase in wastewater treatment plants will lead to more setting up of sewer lines, resulting in more usage of open-cut method for installing ductile iron pipes in sewer lines. This will have positive impact on the growth of global ductile iron pipes industry.
Ductile Iron Pipes Market Segment Analysis – By Geography
Asia-Pacific held the largest share in global ductile iron pipes market in 2021, with a share of over 32%. The region consists of major economies like China and India which have high number of water treatment plants, and the economies are investing in their water infrastructure. For instance, according National Bureau of Statistics of China, in 2020, China installed 39000 new wastewater treatment facilities and has invested US$81.6 billion in its municipal wastewater system, new treatment facilities, rainwater-sewage diversion systems, sludge mitigation showing a massive increase in investment in water treatment in past five years. Further, as per statement given by Hindustan Construction Company Ltd, in March 2022, the company along with Om Infra Ltd, has been awarded US$79 million contract by Rajasthan government for Nokha Water Supply Project in which a network of water distribution lines of over 1,000 km, including main trunks, cluster distribution and village distribution will be constructed. Growing number of water treatment plants and investments to improve water infrastructure will lead to more usage of ductile iron pipes in them. This will have positive impact on the growth of global ductile iron pipes industry
领英推荐
Ductile Iron Pipes Market Drivers
Growing investments in Water Infrastructure Improvement
Various investments are being made in water projects in order to improve rural infrastructure, to make water accessibility easy to rural areas, and to improve wastewater treatment. For instance, according to United States Department of Agriculture, in 2021, US government invested US$307 million to modernize rural drinking water, and wastewater infrastructure in 34 states & Puerto Rico by replacing outdated pipes & service lines which will improve rural infrastructure for 250,000 residents and businesses. Further, according to European Investment Bank, in 2020, the bank invested US$12 million for wastewater treatment in Kosovo, which will provide improved and affordable access to water and wastewater services to more than 90?000 people. Also, according to Egypt’s Ministry of Planning and Economic Development, in December 2021, the ministry approved US$27 million for connecting households in rural areas to wastewater networks. Such increase in investments will lead to more usage of ductile iron pipes for distributing portable water and in sewage treatment plants. This will boost growth of global ductile iron pipes industry.?
Growing Desalination Plants Projects
Desalination plants are the plants where salt water is converted into water that is fit to drink. Such plants have high strength in gulf countries like Saudi Arabia, Abu Dhabi, Oman and Qatar. The growing consumption of potable water has led to more establishments of desalination plants in gulf countries. For instance, according to Salt Water Conversion Corporation, in 2022, the corporation completed construction of Shuqaiq IWP desalination plant which will produce 450,000 cubic meters of potable water per day and will serve 2,00,000 people. Further, in 2020, it completed construction of Yanbu desalination plant, which will provide 550,000 m3/d to 1.8 million residents in Madinah and the industrial city of Yanbu. Also, in 2020, Abengoa Agua completed construction of Salah Desalination Plant which has a capacity of 113,500 m3/d. Such growing number of desalination plants projects will lead to more usage of ductile iron pipes for distributing potable water to people. This will boost the growth of global ductile iron pipes industry.
Ductile Iron Pipes Market Challenges
Availability of Substitutes
Certain substitutes such as PVC pipes holds a significant improvement over ductile iron pipes as they have greater wall thickness which provides them good hydraulic capacity. Moreover, PVC pipes are corrosion resistance, environment friendly, easy to transport & install, have low maintenance and can be used in high pressure pumping lines in water supply. Hence, due to having such advantages over ductile iron pipes, PVC pipes are being preferred more for water infrastructure project. This can hamper the growth of global ductile iron pipes industry.
Ductile Iron Pipes Industry Outlook
The companies to develop a strong regional presence and strengthen their market position, continuously engage in mergers and acquisitions. In global ductile iron pipes market report, the global ductile iron pipe top 10 companies are:
Recent Developments
Relevant Reports
Report Code – CMR 0164
Report Code – CMR 0162
Report Code – CMR 40837
For more Chemicals and Materials Market reports, please click here
?????????????? ????: https://www.industryarc.com/contact-us.php
??????????????: https://www.industryarc.com/