Ductile Iron Pipes Market

Ductile Iron Pipes Market Growth Outlook for 2022 to 2032

The global ductile iron pipe market is estimated to hold a valuation of US$ 7.9 billion in 2022 and is projected to grow at a CAGR of 5.7% to reach a valuation of US$ 13.8 billion by 2032

Increasing water demand across the globe is, in turn, creating an opportunity for a wide adoption base for the ductile iron pipe market. Aided by the rise in water projects across the globe the supply of fresh water in dry regions has been the foremost reason for the demand. Moreover, the scarcity of groundwater has helped the market grow in an extensive manner.

On the likes of above mentioned factors, market players are believed to be working on the capacity expansions focusing on smaller dia sizes best relating with the water distribution application.

Report Attributes	Details
Market Size in 2021	US$ 7.5 Billion
Global Pipe Market (Parent Market 2021)	US$ 130.0 Billion
Estimated Market Value (2022E)	US$ 7.9 Billion
Forecasted Market Value (2032F)	US$ 13.8 Billion
Global Market Growth Rate (2022-2032)	5.7% CAGR
East Asia Market Share (2021)	~25.2%
South Asia & Oceania Market Growth Rate (2022-2032)	~7.2% CAGR
India Market Growth Rate (2022-2032)	~7.7% CAGR
Market Share of Top 5 Companies	~55.0%
Key Companies Profiled	Saint Gobain PAM Jindal SAW Ltd. Kubota Corporation Tata Metaliks Saudi Arabian AMINTIT U.S. Pipe McWane Inc. Construtec Ductile American Cast Iron Pipe Company Duktus (Wetzlar) GmbH & Co. KG Electrosteel Steels Ltd. Rashmi Metaliks Svobodny Sokol Poland CNBM International Corporation Electrotherm Kurimoto, Ltd

Ductile Iron Pipe Market Comparative Analysis: Historical Vs Forecast

The global ductile iron pipe market is considered to be highly capital and labor-intensive market. In aid of the specificity of ductile iron pipe, it is the most ideal choice for the transportation of water. With the government’s increased spending to support the reconstruction of existing potable water infrastructure, the demand is likely to inflate in the forecast period.

• Short Term Market Overview (2022 Q2 to 2025): With rapidly changing climatic conditions, there is an immediate need to regulate the water cycle. The world is in midst of natural calamities and the restoration process requires heavy demand of ductile iron pipes for building the water transport infrastructure.
• Medium Term Market Overview (2025-2028): With rising geopolitical volatility and changing global dynamics, existing trade relationships are at stake. Thus to overcome interdependence situations, a new foundation for fluid transportation is being laid out, bolstering the requirement of ductile iron pipe.
• Long-Term Market Overview (2028-2032): Owing to the increased spending on construction infrastructure, the requirement of earthquake-resistant ductile iron pipes is expected for long-term sustenance. The world economy is recovering from the effects of the pandemic, and frequent occurrences of natural calamities take everything to square one. So to mitigate the effects of natural calamities and reduce infrastructure destruction, a well-built structure with ductile iron pipe is required.

While considering the aforementioned factors, the ductile iron pipe market is all set to propel a growth rate of 5.7%, states Fact.MR, a research and competitive intelligence service provider

The above image illustrates the market share overview of ductile iron pipe based on region and application in nutshell. Under the application segment, potable water distribution dominates the market with a 37.1% share in 2022.

“Developments in underground infrastructure will increase market demand”

Underground infrastructure includes provisions for the transportation of water, natural gas & oil supply, electricity supply, and others. These are essential services that are needed for daily life. Several developing countries are focusing on infrastructure development. This includes the replacement of old pipelines and the installation of new pipelines.

Ductile iron pipes are used in a large section of the natural gas & oil transportation industry, as they are mostly chemically inert to petroleum products and can tolerate the high pressure generated in gas and oil transportation. In the transportation of water, ductile iron pipes, along with cement mortar, act as both active as well as passive protection. This helps enable the transportation of water without any mixing of chemicals from the external environment and also maintains a normal water pH level.

“Specialized Joints for Niche Applications”

As the application of ductile iron pipes in numerous industries has increased, manufacturers are producing numerous types of joints based on the requirements of customers. These joints facilitate the installation of pipes with increased ease. Based on application, these joints can be used above the ground as well as below the ground.

Moreover, these joints allow vertical and horizontal deflection and contractions/expansion within the same coupling. Various joints allow the installer to spin and fit the pipes in desired directions. Commonly used joints on ductile iron pipes include push-on joints, mechanical joints, flanged joints, and restrained joints. These joints are available in different sizes and lengths and help many industries with numerous applications.

“Growing investment in earthquake resistant piping”

During economic growth, most countries demand the renewal of aging pipes with new ductile iron pipes, which are earthquake-resistant. Replacement of aging pipes that have exceeded their 40-year legal lifespan has already become an issue.

Numerous governments are increasing their investment in earthquake-resistant piping systems, which include DIPs.

DIPs can also tolerate seismic waves that spread through the soil. Many earthquake-prone regions, such as Japan and California, are adopting DIPs for underground infrastructures such as drinking water supply and waste break-water treatment.

“High overall costs and susceptibility to corrosion to limit the Market Growth”

DIPs are prone to corrosion and leaks. When these pipes are used in underground applications, they affect the quality of soil and can make it infertile. Corroded pipes lead to leakage of fluid and brake failure. Moreover, DIPs pose a risk to public health, since potable water is exposed to non-certified surfaces.

Furthermore, the cost associated with DIPs is higher as compared to other piping solutions such as PVC, HDPE, and others. The overall cost along with the installation cost makes DIPs costlier than other alternatives.

In addition to this, the manufacturer’s recent engagement to recycle scrap iron is reducing the overall quality of the end product produced.

All the above-mentioned factors could hinder the growth of DIPs in the global market.

Country-wise Growth Outlook for Ductile Iron Pipe Market

How ductile pipe makers are interested in GCC Countries?

Trends in DIPs indicate that GCC nations like Saudi Arabia, the United Arab Emirates, Qatar, and Oman have made a secured blueprint for access to drinkable water to the residents of the country as a priority. Over the long-term forecast period, it is predicted that the policies formulated by these countries will increase demand for DIPs.

The UAE launched a multi-million-dollar government-funded project in FY2020 to transport desalinated water for the benefit of the general people. Leading DIP producers including Saint Gobain, Jindal SAW, and Kubota have access to the market owing to the availability of the project.

Why Indian Market Ensures Domestic Market Player’s Growth?

The nation has put in place a set of regulations that levy tariffs on the imports of DIP from international players despite trade liberalization. Additionally, in order to support DIP's regional businesses, the government of India is required to make purchases from regional suppliers. These issues pose obstacles for well-known international companies trying to expand their presence in promising markets like India.

The market for regional players will be strengthened by first-hand bidding for procurement tenders by players within the region, including Jai Balaji, Jindal SAW, Electrosteel Casting Ltd, and others. Additionally, important national consumers of DIP.

Category-wise Insights

Why are DN 700 – DN 1000 DIPs in such high demand?

Pipes between DN 700 and DN 1000 are frequently utilized for sewage applications. These pipes can tolerate working conditions that range from extremely alkaline to extremely acidic thanks to their high alumina cement mortar lining for internal protection. Additionally, drinking water is distributed from dams to metropolitan areas using DIPs.

DIPs are preferred to be coated internally to resist corrosion. The mining industry also makes excessive use of DIP. The global potable water transportation market segment is anticipated to hold the maximum share by the end of the forecast period.

What is the contribution of DIPs in sewage & waste-water treatment?

One of the major concerns for governments around the world is unsafe sanitation which is getting worse with the increasing population. Nearly 4.5 billion people, or more than half of the world's population, still do not have access to proper sanitation. Many regions of the world still lack proper sanitation infrastructure.

Governments all across the world are implementing water sanitation measures. The market for DIPs is anticipated to rise at a rate of close to 5.7% CAGR over the next ten years on the strength of easy installation, enhanced production capacity, and the additional benefit of recyclability.

Competitive Landscape

Leading Ductile Iron Pipe manufacturers are Saint Gobain PAM, Jindal SAW Ltd., Kubota Corporation, Tata Metaliks, Saudi Arabian AMINTIT, U.S. Pipe, McWane Inc., Construtec Ductile, American Cast Iron Pipe Company, Duktus (Wetzlar) GmbH & Co. KG, Electrosteel Steels Ltd, and others

The global leading manufacturers of ductile iron pipe are majorly focused on increasing the production capacity to meet the excessive demand. Also, the import & export regulations between the trading companies are increasing the overall cost of the pipelines.

Thus, the manufacturer’s main strategy is the reduction of cost, to grab the tenders released by the government during project bidding. Forward integration is another strategy to limit the supply value chain.

• In September 2022, Tata Metaliks inaugurated a ductile iron pipe plant in Kharagpur, West Bengal. This expansion will escalate the production capacity to 400KT applicable in two phases.
• In June 2020, Saint Gobain PAM won a major contract to change the entire drinking water & waste-water infrastructure network to reduce 80% water loss in the Balkans, Northwest Bulgaria.

Fact.MR has provided detailed information about the price points of key manufacturers of ductile iron pipe positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

Segmentation of the Ductile Iron Pipe Market

• By Diameter:

  • DN 80 - DN 300
  • DN 350 - DN 600
  • DN 700 - DN 1000
  • DN 1200 - DN 2000
  • DN 2000 & Above

• By Application:

  • Potable Water Distribution
  • Sewage & Wastewater
  • Irrigation
  • Mining
  • Centrifugal DI Pipes
  • Others

• By External Protection:

  • Zn/Zn-Al + Bitumen/Epoxy
  • PE
  • PU
  • Ceramic Epoxy
  • Electrosteel

• By Sales Channel:

  • Direct Sales
  • Indirect Sales

• By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • MEA