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The demand for global duct iron pipes is anticipated to accelerate the market in the forecast period, owing to the incorporation of small and medium enterprises in different sectors across the globe, government initiatives for managing sewage water and proper sanitation facilities, emergence for clean water projects for agricultural activities, increase in investments in water-related infrastructure and services. Furthermore, these players are investing in the research and development activities and launching new advanced solutions to strengthen their market reach and maintain their position in the competitive market.
Key Market Driver -
Key Market Driver – • Increase in number of government initiatives for wastewater management and improve water sanitation facility • Demand of water supply in various commercial and non-commercial projects.
Key Market Restraint -
Key Market Restraint - • Availability of lighter alternative ductile pipes.
For instance, Saint-Gobain PAM UK has introduced a dedicated range of factory mutual certified ductile iron pipes, fittings, and valves for underground fire main applications. Also, these players are opting for mergers and acquisitions, collaborating with local players to increase their market reach in the global market. For instance, in August 2014, Jindal SAW Ltd., announced to acquire PSL North America LLC that valued around USD 103 Mn to meet the demand for small-diameters pipes. The major application for duct iron pipes is for many end-user industries, mainly oil & gas, water treatment/supply, agriculture.
Key players operating in the global duct iron pipelines market are Saint-Gobain PAM, Xiamen Landee Industries Co., Ltd., Jindal SAW Ltd., KUBOTA Corporation., American Cast Iron Pipe Company, U.S. Pipe, Duktus (Wetzlar) GmbH & Co. KG, McWane, Inc, KURIMOTO, LTD., Benxi Beitai, among others.
North America is experiencing dominance in global duct iron pipes market owing to the parameters such as increasing investments in research and development of advanced materials and the rising number of pipeline development projects for water and wastewater applications. Moreover, rising government initiatives and increasing demand for ductile iron pipes & fittings among end-users in the region is supplementing the growth of the duct iron pipes market.
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The Asia Pacific is anticipated to witness a substantial increase in the forecast period, owing to the rise in demand for water supply and irrigation in many regions, mainly India and China. Major consumption of duct iron pipeline is in China, due to increasing SME enterprises and demand for clean drinking water due to increasing population.
By Diameter Size (mm)
By End-Use Industry
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