Lucintel's latest market report analyzed that ductile iron pipe provides attractive opportunities in the drinking water distribution, wastewater, irrigation, and mining applications. The ductile iron pipe market is expected to reach $15.6 billion by 2028 with a CAGR of 5.5%. In this market, DN 700-1000 is the largest segment by product type, whereas drinking water distribution is largest by application.
Based on product type, the ductile iron pipe market is segmented into DN 80-300, DN 350-600, DN 700-1000, DN 1200-2000, and DN2000 & above. The DN 700-1000 segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the substantial usage for these pipes in the sewage application as it can easily operate in extremely alkaline as well as highly acidic conditions.
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The Ductile Iron Pipe Market is marked by the presence of several big and small players. Some of the prominent players offering ductile iron pipe include Saint-Gobain, Kubota, US Pipe, Jindal SAW, Electro-steel Steels, and Mcwane.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
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