Ductile Iron Pipe Industry Analysis in East Asia
Study on Ductile Iron Pipes in East Asia by Application in Potable Water Distribution, Sewage & Wastewater, Irrigation, and Mining from 2024 to 2034
Analysis of Ductile Iron Pipe Industry Covering Countries Includes Analysis of China, Japan, and South Korea
Ductile Iron Pipe Sales Outlook for East Asia (2024 to 2034)
A newly published industry analysis by Fact.MR reveals that demand for ductile iron pipes in East Asia is poised to reach a market value of US$ 2.66 billion in 2024. The East Asian market is projected to advance at 6.8% CAGR and reach US$ 5.14 billion by the end of 2034.
Increased demand for ductile iron pipes in East Asia is closely related to infrastructure development projects. With increased investment by East Asian countries for the expansion and upgradation of water and wastewater infrastructure, a growing demand for reliable and durable solutions, such as ductile iron pipes is experienced. Rapid urbanization in the region is leading to increased demand for water supply and wastewater management systems. Ductile iron pipes are generally preferred in these applications owing to their durability, corrosion resistance, and strength.
Government initiatives and policies aimed at improving sanitation and water supply infrastructure are estimated to positively impact demand for ductile iron pipes. Investments, subsidies, and regulations in infrastructure projects are anticipated to lead to the increased adoption of ductile iron pipes owing to the eco-friendly approach. Increasing industrial activities in East Asia generally need robust and reliable piping systems for multiple applications. Ductile iron pipes are more suitable for industrial applications owing to their resilience and strength.
| Report Attributes | Details |
|---|---|
| Ductile Iron Pipe Sales in East Asia (2024E) | US$ 2.66 Billion |
| Projected Sales (2034F) | US$ 5.14 Billion |
| Demand Growth (2024 to 2034) | 6.8% CAGR |
| Sales in Japan (2024E) | US$ 270.7 Million |
| Demand Growth in South Korea (2024 to 2034) | 5% CAGR |
| Sales in China (2034F) | US$ 4.57 Billion |
| Market Share of DN 700 to DN 1000 Pipes (2024E) | >30% |
| Key Companies Profiled |
|
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Why are Ductile Iron Pipes Becoming Popular in East Asia?
“Rapid Urbanization Generating Demand for Effective Wastewater and Water Supply Management Systems”
Rapid urbanization in East Asia is projected to become one of the prominent drivers for increased demand for ductile iron pipes in water supply and wastewater management systems. With the growing population and infrastructural expansion, an increased demand for robust and reliable piping solutions is becoming paramount. Ductile iron pipes are projected to emerge as one of the preferred choices for addressing the intricate challenges related to the burgeoning urban landscape.
Ductile iron pipes provide unparalleled strength, making them adept at withstanding substantial pressure and stress inherent in densely populated urban areas. This robustness is especially crucial for water supply systems and intricate urban landscapes, necessitating materials to endure the rigors of transportation for longer distances. These pipes contribute to the overall sustainability and resilience of rapidly expanding urban areas in East Asia.
Country-wise Insights
What is the Outlook for Ductile Iron Pipes in the Chinese Market?
“Infrastructure Development and Urbanization Benefiting Ductile Iron Pipe Companies”
| Attribute | China |
|---|---|
| Market Value (2024E) | US$ 2.24 Billion |
| Growth Rate (2024 to 2034) | 7.4% CAGR |
| Projected Value (2034F) | US$ 4.57 Billion |
China is projected to experience significant infrastructure development and rapid urbanization. Ductile iron pipes are used commonly in sewage and water supply systems, making them vital for developing infrastructure projects and rapidly expanding urban areas. Growing awareness about the importance of water and wastewater management is projected to increase demand for ductile iron pipes for their resistance to corrosion and durability.
Why are Manufacturers of Ductile Iron Pipes Investing in Japan?
“Increased Adoption of Ductile Iron Pipes Due to Resilience to Natural Disasters”
| Attribute | Japan |
|---|---|
| Market Value (2024E) | US$ 270.7 Million |
| Growth Rate (2024 to 2034) | 3.2% CAGR |
| Projected Value (2034F) | US$ 371 Million |
Japan is prone to certain natural disasters, including earthquakes, etc. Ductile iron pipes are well-known for their ability to withstand ground movement and flexibility. Therefore, they are gaining traction as a suitable option in Japan owing to seismic activities. In addition, the longevity and durability of ductile iron pipes are also estimated to contribute to their increased adoption in the country.
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Category-wise Insights
Why are DN 700 to DN 1000 Diameter Ductile Iron Pipes Gaining Prominence?
“Increased Strength, Durability, and Easy Installation Features”
| Attribute | DN 700 to DN 1000 |
|---|---|
| Segment Value (2024E) | US$ 825 Million |
| Growth Rate (2024 to 2034) | 8% CAGR |
| Projected Value (2034F) | US$ 1.78 Billion |
Ductile iron pipes with DN 700 to DN 1000 diameters are well-known due to their durability and strength. They are resistant to external loads and can withstand high-pressure conditions, thus making them more suitable for various applications, such as water and wastewater transport. In addition, it is comparatively easier to install these pipes than other options. This is projected to lead to quicker project completion and cost savings, making them a more attractive option for large-scale infrastructure projects.
What Makes Ductile Iron Pipes More Popular for Potable Water Distribution?
“Corrosion Resistance and Longevity of Ductile Iron Pipes”
| Attribute | Potable Water Distribution |
|---|---|
| Segment Value (2024E) | US$ 959.3 Million |
| Growth Rate (2024 to 2034) | 7.5% CAGR |
| Projected Value (2034F) | US$ 1.98 Billion |
According to the newly published research analysis by Fact.MR, a market research and competitive intelligence provider, increased demand for ductile iron pipes for potable pipes is attributed to their higher corrosion resistance. The external coatings and internal linings of these pipes make them a more suitable option for maintaining water quality, otherwise, corrosion can lead to contamination of water.
Ductile iron pipes are well-known for their long service life and durability. This is projected to be a noteworthy advantage in potable water systems, where longevity and reliability are pivotal to minimizing replacement and maintenance costs.
Competition Landscape
Key suppliers of ductile iron pipes in East Asia are focusing on product innovation to come up with pipes of better quality. They are investing to maintain the efficiency of respective supply chain systems and are involved in new development. Some of the leading ductile iron pipe manufacturers in the region include Kubota Corporation, Shanxi Ductile Iron Pipes Co., Ltd., and Benxi Beitai Ductile Cast Iron Pipes Co., Ltd.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Segmentation of Ductile Iron Pipe Study in East Asia
-
By Diameter :
- DN 80 to DN 300
- DN 350 to DN 600
- DN 700 to DN 1000
- DN 1200 to DN 2000
- DN 2000 & Above
-
By Application :
- Potable Water Distribution
- Sewage & Wastewater
- Irrigation
- Mining
-
By External Protection :
- Zn/Zn-Al + Bitumen/Epoxy
- PE
- PU
- Ceramic Epoxy
-
By Sales Channel :
- Direct Sales
- Indirect Sales
-
By Country :
- China
- Japan
- South Korea
- FAQs -
What are the projected sales of ductile iron pipes in East Asia in 2024?
Sales of ductile iron pipes in East Asia are estimated to reach US$ 2.66 billion in 2024.
What is the demand outlook for ductile iron pipes by the end of 2034?
Demand for ductile iron pipes is projected to reach a market valuation of US$ 5.14 billion by 2034.
At what CAGR is the demand for ductile iron pipes forecasted to increase in East Asia?
The East Asian market is forecasted to expand at a CAGR Of 6.8% from 2024 to 2034.
How much share of the East Asian market is held by DN 700 to DN 1000 ductile iron pipes?
DN 700 to DN 1000 ductile iron pipes are expected to hold more than 30% share of the East Asian market in 2024.
What are the sales projections for ductile iron pipes in China?
The Chinese market is expected to reach US$ 4.57 billion by the end of 2034.
At what rate are the sales of ductile iron pipes estimated to rise in South Korea?
The market in South Korea is projected to expand at a CAGR of 5% from 2024 to 2034.
At what CAGR is the demand for ductile iron pipes forecasted to increase in Japan?
Demand for ductile iron pipes in Japan is projected to advance at a CAGR of 3.2% from 2024 to 2034.
Ductile Iron Pipe Industry Analysis in East Asia