Europe Ductile Iron Pipes Market: CAGR of 3.4% Steers Toward US$ 1.63 Billion by 2032

Between 2017 and 2021, the Ductile Iron Pipe Market In Europe grew at a 2.1% CAGR. A thorough analysis conducted by Fact.MR, a provider of competitive intelligence and market research, indicates that by the end of 2032, the market is expected to grow at a 3.4% CAGR and achieve a valuation of US$ 1.63 billion.

Industrial pipelines are used by several large enterprises, including natural gas and water transportation, to supply gas and water to the populace. Growing infrastructure development and rapid urbanization are driving up demand for natural resources and clean water. Because new pipes do not corrode as easily as old ductile iron pipes, the oil and natural gas sector is upgrading its infrastructure.

In addition, rapid urbanization is resulting in augmented demand for purified and hygienic water. The need to build underground infrastructure is also rising for upgrading PVC, HDPE, etc., to be replaced with ductile pipes. As such, varied applications of ductile iron pipes and the retrofitting rate of existing pipelines are likely to provide huge opportunities to ductile iron pipe suppliers in the European region.

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Key Takeaways from Market Study

The ductile iron pipes market in Europe is currently valued at US$ 1.16 billion. During the 2017–2021 historical years, the market witnessed a CAGR of 2.1%. DN 350-DN1000 diameter pipes hold a market share of 27.6%, while DN 80-DN 300 diameter pipes account for 21.2% share. Under the application segment, portable water distribution accounts for 38.4% market share. Germany leads the European market with 24.8% market share and this market is projected to rise at 4.4% CAGR through 2032. Together, Russia and Italy are likely to represent 46.8% of the overall market share in 2022.

Development of Market

Focus on strategies such as acquisitions, divestments, and capacity expansion is emerging as a winning strategy for prominent ductile iron pipe manufacturers in the European region.

Prominent players in the market are focusing on introducing fire-resistant pipes and also those that are resistant to other seismic movements, along with supreme quality pipes that are long-lasting.

Manufacturers have developed an efficient way of protecting ductile iron pipes against microbean action, strengthening the self-protection qualities of ductile iron, and enabling these pipes to withstand aggressive conditions.

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For instance :

Saint-Gobain PAM signed an agreement to divest its pipe business in China in 2021. The group is likely to sell around 67% of its Chinese pipe business to a consortium. Svobodny Sokol LLC began ductile iron pipe production for Hungary in 2020, for water supply.

Segmentation of Europe Ductile Iron Pipes Industry Research

Europe Ductile Iron Pipes Market by Diameter : DN 80 — DN 300 Ductile Iron Pipes DN 350 — DN 1000 Ductile Iron Pipes DN 1100 — DN 1200 Ductile Iron Pipes DN 1400 & DN 2000 Ductile Iron Pipes DN 2000 and Above Ductile Iron Pipes Europe Ductile Iron Pipes Market 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 Others Europe Ductile Iron Pipes Market by External Protection : Zn/Zn-Al + Bitumen/Epoxy Ductile Iron Pipes PE Ductile Iron Pipes PU Ductile Iron Pipes Ceramic Epoxy Ductile Iron Pipes Europe Ductile Iron Pipes Market by Sales Channel : Direct Sales of Ductile Iron Pipes Indirect Sales of Ductile Iron Pipes Europe Ductile Iron Pipes Market by Country : Germany Italy France Spain U.K. Russia BENELUX Rest of Europe

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More Valuable Insights Available

Fact.MR, in its new offering, presents an unbiased analysis of the Europe ductile iron pipes market, presenting historical market data (2017–2021) and forecast statistics for the period of 2022–2032.

The study reveals essential insights by diameter (DN 80 — DN 300, DN 350 — DN 1000, DN 1100 — DN 1200, DN 1400 & DN 2000, DN 2000 & above), application (ductile iron pipes for potable water distribution, ductile iron pipes for sewage & wastewater, ductile iron pipes for irrigation, ductile iron pipes for mining, others), external protection (Zn/Zn-Al + bitumen/epoxy ductile iron pipes, PE ductile iron pipes, PU ductile iron pipes, ceramic epoxy ductile iron pipes), and sales channel (direct sales, indirect sales), across major countries of Europe (Germany, Italy, France, Spain, U.K., Russia, BENELUX, and the Rest of Europe).

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