Renovation of existing ductile iron pipelines to provide
Dublin, Ireland, June 27, 2022 (GLOBE NEWSWIRE) — The European ductile iron pipe market recorded a CAGR of 2.1% during the years 2017-2021. According to detailed analysis by Fact.MR, a market research and competitive intelligence provider, the market is expected to grow at a CAGR of 3.4% to surpass a valuation of $1.63 billion by the end of 2032.
Water transportation and natural gas are some of the major industries using industrial pipelines to deliver water and gas to people. Rapid urbanization and increasing infrastructure development lead to improved demand for natural resources and purified water. As a result, the oil and natural gas industry is improving its infrastructure and replacing old ductile iron pipes with new ones due to their corrosion properties.
In addition, rapid urbanization is leading to an increase demand for purified and hygienic water. The need to build underground infrastructure is also increasing for upgrading PVC, HDPE, etc., to be replaced with ductile pipes. As such, the varied applications of Ductile Iron Pipes and the modernization rate of existing pipelines are likely to provide huge opportunities for Ductile Iron Pipe suppliers in the European region.
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Key insights from market research
- The ductile iron pipe market in europe is currently valued at US$1.16 billion.
- In the historical years 2017-2021, the market witnessed a CAGR of 2.1%.
- Pipes with a diameter of DN 350-DN1000 hold a market share of 27.6%, while pipes with a diameter of DN 80-DN 300 have a 21.2% share.
- In the applications segment, the distribution of drinking water represents a 38.4% market share.
- Germany leads the European market with 24.8% market share and this market is expected to grow at 4.4% CAGR through 2032.
- Together, Russia and Italy are expected to account for 46.8% of the overall market share in 2022.
The focus on strategies such as acquisitions, divestments and capacity expansion is emerging as a winning strategy for major ductile iron pipe manufacturers in the European region.
The major players in the market are focusing on introducing fire resistant pipes and also those which are resistant to other seismic movements as well as supreme quality pipes which are long lasting.
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Manufacturers have developed an effective means of protecting cast iron pipes against the action of microbes, reinforcing the self-protection qualities of cast iron and allowing these pipes to withstand aggressive conditions.
For instance :
- Saint-Gobain PAM signed an agreement to divest its pipe business in China in 2021. The group is expected to divest approximately 67% of its Chinese pipe business to a consortium.
- Svobodny Sokol LLC started production of ductile iron pipes for Hungary in 2020, for water supply.
Europe Ductile Iron Pipe Industry Research Segmentation
- Europe Ductile Iron Pipes Market by Diameter:
- Ductile iron pipes DN 80 – DN 300
- Ductile iron pipes DN 350 – DN 1000
- Ductile iron pipes DN 1100 – DN 1200
- Ductile iron pipes DN 1400 and DN 2000
- Ductile iron pipes DN 2000 and above
- Europe Ductile Iron Pipes Market By Application:
- Ductile iron pipes for the distribution of drinking water
- Ductile iron pipes for sewage and sewage
- Ductile iron pipes for irrigation
- Ductile iron pipes for mining
- Europe market Ductile iron pipes by external protection:
- Ductile iron pipes Zn/Zn-Al + bitumen/epoxy
- PE Ductile Iron Pipes
- PU Ductile Iron Pipes
- Ceramic Epoxy Ductile Iron Pipes
- Europe Ductile Iron Pipe Market by Sales Channel:
- Direct sale of ductile iron pipes
- Indirect Sales of Ductile Iron Pipe
- Europe Ductile Iron Pipes Market By Country:
- The rest of Europe
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More valuable information available
Fact.MR, in its new offering, presents an unbiased analysis of the European Ductile Iron Pipe Market, showcasing historical market data (2017-2021) and forecast statistics for the period 2022-2032.
The study reveals essential information by diameter (DN 80 – DN 300, DN 350 – DN 1000, DN 1100 – DN 1200, DN 1400 & DN 2000, DN 2000 and more), application (ductile iron pipes for the distribution of drinking water, ductile iron pipes for sewage and waste water, ductile iron pipes for irrigation, ductile iron pipes for mining, others), external protection (ductile iron pipes Zn/Zn-Al + bitumen /epoxy, PE ductile iron pipes, PU ductile iron pipes, ductile epoxy ceramic pipes iron pipes), and sales channel (direct sales, indirect sales), in the main countries in Europe (Germany, Italy, France , Spain, United Kingdom, Russia, BENELUX and Rest of Europe).
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