Rockville, United States , 2022-May- 02 — The impact of the COVID-19 outbreak has compelled several manufacturers and industries to rethink their operations to gradually recover from the losses incurred for years to come. The organic chemicals industry suffered a huge setback due to halted production and a limited supply of raw materials. The report offers actionable and valuable market insights of Ductile Iron Pipes. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Ductile Iron Pipes Market across various industries and regions.
The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Ductile Iron Pipes market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Ductile Iron Pipes
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This newly published and insightful report sheds light on Market Insights of Ductile Iron Pipes, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Ductile Iron Pipes Market. The research study offers a complete analysis on various features, including demand, recent product developments, revenue generation, capacity expansions, and sales of ductile iron pipes across the globe.
A complete evaluation on the 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.
Key Market Segments Covered in Ductile Iron Pipes Industry Analysis
· By Diameter
- DN 80 – DN 300 Ductile Iron Pipes
- DN 350 – DN 600 Ductile Iron Pipes
- DN 700 – DN 1000 Ductile Iron Pipes
- DN 1200 – DN 2000 Ductile Iron Pipes
- DN 2000 & Above Ductile Iron Pipes
· By Application
- Ductile Iron Pipes for Potable Water Distribution
- Ductile Iron Pipes for Sewage & Wastewater
- Ductile Iron Pipes for Irrigation
- Ductile Iron Pipes for Mining
- Centrifugal DI Pipes
- Others
· By External Protection
- Zn/Zn-Al + Bitumen/Epoxy Ductile Iron Pipes
- Ductile Iron Pipes
- PU Ductile Iron Pipes
- Ceramic Epoxy Ductile Iron Pipes
- Electrosteel DI Pipes
· By Sales Channel
- Direct Sales of Ductile Iron Pipes
- Indirect Sales of Ductile Iron Pipes
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Key Takeaways from Market Study
- The global ductile iron pipes market is expected to create a value opportunity of around US$ 5.8 Bn during the forecast period, adding 1.7X value by 2031 as compared to 2021.
- The DN 700 – DN 1,000 segment will continue to dominate demand for ductile iron pipes, accounting for more than 1/4 of global share as a result of long lifespan and high reliability.
- China and India will continue to maintain their supremacy in this space with high population density and increasing number of water treatment plants.
- The market in East Asia is poised to surge at a healthy CAGR of close to 7% through 2031.
- South Asia & Oceania are estimated to be the most lucrative market in terms of revenue generation, currently valued at more than US$ 2 Bn, and expected to show prolific expansion over the forecast period.
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Dodging Tariffs to Remain Prime Focus of Manufacturers
Saint Gobain PAM, Jindal SAW Ltd., Kubota Corporation, Electrotherm, and Xinxing Ductile Iron Pipes Co. Ltd. are key players with extensive DIP footprint across the globe. Despite holding a dominating market share and extensive presence, tariffs and anti-dumping duties are reducing confidence among these players, which could lead to ultimate rise in prices of imported ductile iron pipes.
Key countries imposing tariffs are Brazil, India, and EU countries, among others, providing a strong blow to manufacturers channelling ductile iron pipes at extremely low prices. To deal with this pressing issue, Fact.MR has published a report with key strategies to assist manufacturers struggling to find their way in potential markets, by dodging existing tariffs.
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