A detailed assessment of ductile iron pipes value chain analysis, business execution, and supply chain analysis across the regional markets has been covered in the report. A list of prominent companies operating in the ductile iron pipes market along with their production capacity analysis enhances the reliability of this comprehensive research study. The study offers a comprehensive analysis on diverse features including production capacities, demand, product developments, revenue generation and sales in ductile iron pipes market across the globe. A comprehensive estimate on ductile iron pipes market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of ductile iron pipes during the forecast period. Price point comparison by region with global average price is also considered in the study.

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The global ductile iron pipes market consists of well-diversified, global and regional players with global manufacturers having higher consolidation in the market.  The prominent players of ductile iron pipes market include Saint-Gobain PAM, Xinxing Ductile iron pipes Co., Ltd., Jindal SAW Ltd., McWane, Inc., Kubota Corporation, Tata Metaliks and others. These key players are adopting various strategies such as capacity expansion, product launch, mergers & acquisitions, joint ventures etc. to strengthen their hold within the global ductile iron pipes market. Production capacity expansion along with product launches have been identified as the prime strategies adopted by these players in the global ductile iron pipes market. For instance, in August 2019, Tata Metaliks announced its plans to increase the production capacity of ductile iron pipes from 200 Kilo tons to 400 Kilo tons. This would be in operation by the end of 2021. The company is looking forward to increasing the percentage contribution of ductile iron pipes segment from 55% to 70% with this strategic move.

Similarly, in February 2018, U.S. Pipe launched HDSS®, a new range of restrained-joint ductile iron pipes which provides higher deflection than restrained-joint pipes launched previously. Furthermore, on March 7, 2018, McWane, Inc. acquired Waterman Industries, a company based in Exeter, California (the U.S.). The latter is a recognized leader in water control products used in wastewater treatment, water treatment, agriculture, hydropower, fluid control, rural water delivery, and flood control & management. It manufactures water control products made of iron and steel.

Other than the aforementioned established manufacturers, various other players have also started to enter the ductile iron pipes market after realizing the benefits served by ductile iron pipes. For instance, Algeria based “Cosider” signed an agreement with Samsun Makina Sanayi,  a Turkish manufacturer to construct a ductile iron pipe manufacturing plant in Sidi Khettab, Algeria. The facility will have an annual production capacity of 100 Kilo tons and will take 18 months to be in operation. In addition, in January 2019, KIOCL announced its plans to set up a ductile Iron Pipe plant with an annual capacity of 500 Kilo Tons in Mangaluru, India. The strategic moves of the aforementioned companies would garner significant attention from the new entrants, to consolidate themselves and bring about a sense of competition in the global and regional ductile iron pipes market.

Higher Overall Costs Will Impede the Market Growth of Ductile Iron Pipes

The cost associated with ductile iron pipes is higher as compared to the other piping solutions such as PVC, HDPE etc. The overall cost including material cost, external protection cost along with the installation cost adds up and that makes ductile iron pipes costlier than other alternatives. Although, ductile iron pipes have a life span of over 100 years, still the longevity of ductile iron pipes has plummeted because of their thinner walls and greater susceptibility to corrosion, as per National Taxpayers Union. Furthermore, an increase in the use of recycled ductile iron in the manufacture of pipes can lead to acceleration of corrosion because of the inferior quality of the material of recycled scrap iron. A reduction in the quality of ductile iron reduces the service life of pipes to less than 50 years. Hence, such factors tend to hinder the adoption of ductile iron pipes.

Moreover, ductile iron pipes are prone to corrosion and leaks. When these pipes are used in underground applications, they affect the quality of soil and make it infertile. Corroded pipes lead to leakage of fluid and break failure. Moreover, ductile iron pipes pose a risk to public health since potable water is exposed to non-certified surfaces. Hence, all such factors tend to restrict the Global ductile iron pipes market at a nominal level.

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On the basis of regional split, the global ductile iron pipes market covers six major regions including North America, Latin America, Europe, East Asia, South Asia & Oceania and Middle East & Africa. Of these, East Asia along with South Asia & Oceania account for nearly 50% of the ductile iron pipes market in terms of volume. Presence of majority of key players, high agricultural output, government initiatives towards water & waste water management are some of the prominent factors providing a boost to the Asian ductile Iron pipes market. Moreover, other overseas manufacturers such as Saint Gobain PAM etc. are also inclined towards expanding their businesses into the Asian countries owing to the increasing ductile iron pipes demand from the region along with comparatively cheap labor. Furthermore, ever increasing population estimates in Asian countries, increasing grey iron & cast iron production, rapid urbanization & industrialization coupled with focus towards changing the aging water infrastructure are the factors waving towards higher adoption of ductile iron pipes in the region till 2029. With the aforementioned factors, the South Asia & Oceania ductile iron pipes market is expected to grow two times the growth of Global GDP.