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Magnesium Sulphate Market Perceptions Targeting Industrial Expansion Studied during the Forecast Period, 2018-2027

October 14, 2019 by Amanpreet  

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.

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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.

Earthquake Resistant Ductile Iron Pipes (ERDIP): A Protruding Trend Expanding Its Roots in the Global Ductile Iron Pipes Market

The Global ductile iron pipes market witnessed a recent trend of “Earthquake resistant ductile iron pipes” that is steadily gaining momentum at a global level. The earthquake resistant ductile iron pipes (ERDIP) systems absorb huge ground displacements that are caused due to severe earthquakes. ERDIP systems have specialized piping accessories including fittings and joints that perform expansion, deflection and contraction for countering the earthquake’s severe waves. Major manufacturers such as Kubota Corporation and U.S. Pipe are offering ERDIP systems intended towards safeguarding the water distribution pipelines during high intensity earthquakes. U.S. Pipe, one of the leading manufacturers from United States offers wide variety of seismic products, which include seismic fittings, seismic assembly, earthquake resistant ductile iron pipes etc. In addition, Osaka based manufacturer Kubota Corporation also offers earthquake resistant ductile iron pipes accessories. Japan is a country very prone to natural disasters and earthquakes are very commonly recorded within the country. Hence, ERDIP products from Kubota could help the piping systems sustain under severe earthquakes. The adoption of Earthquake resistant ductile iron piping system is also being highly witnessed in United Sates. For instance, Los Angeles Department of Water and Power has installed efficient earthquake resistant ductile iron pipes (ERDIP) in key areas of the city in order to safeguard water distribution systems against the destructive impact of huge earthquakes. Furthermore, this ERDIP trend would gain traction in the coming years as government authorities across the globe would raise a demand for efficient and strong piping systems for water distribution purposes. Moreover, other than Kubota Corporation and U.S. Pipe, other prominent Ductile Iron Pipe manufactures such as Saint Gobain PAM, Jindal SAW Ltd., Xinxing ductile iron pipes Co., Ltd. etc. would enter into the ERDIP business, escalating the overall competition level in the global ductile iron pipes market.

Positive Government Stance towards Water & Waste Water Management to Trigger Ductile Iron Pipes Market Growth 

Governments across the globe are adopting measures to meet the ever increasing water demand. Installation of new pipeline systems along with replacement of aging water infrastructure are the prime strategies followed by governments of major economies. This in turn creates a favorable atmosphere for ductile iron pipes market as these piping systems are becoming the foremost choice for water distribution purposes. As per a report of United Nations Water, 2019, the water use at a global level is increasing by ~1% per annum since 1980. Furthermore, a similar trend is expected to continue till 2050, depicting an increase of 20 to 30% as compared to the current water use level. Population growth, changing consumption patterns coupled with socio-economic development are the major factors propelling the global water demand. Therefore, efficient water distribution systems along with proper waste water management schemes become the priority for governments worldwide.

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Unsafe sanitation is one of the major concerns for governments across the globe and it is becoming more serious as the global population is increasing. Almost 4.5 billion people, i.e. more than half of the global population, still practice open defecation or use unsafe sanitary facilities and services. Governments across the world are undertaking measures for water sanitation. Ductile iron pipes are primarily used for Wastewater discharge.

Proper piping systems are required for sewage water management. In case of any leakage, the harmful waste may flow to the surface waters and fields. This can lead to the spread of major diseases such as diarrhea and vomiting and can also cause death. Ductile iron pipes have a long life of up to 100 years or more. They also provide excellent strength. Therefore, they are widely used for water supply and drainage.

Moreover, Governments of various countries are supporting and funding sanitation departments and they are channelized towards replacing the aging water infrastructure. The total government and ODA funding for the sanitization of water during the last decade was US$ 3.18 Bn in the U.S., among them 1.47 billion people have benefited from government initiatives. Furthermore, initiatives in the emerging countries such as Swachh Bharat Abhiyan (India) and water grid projects tend to increase the adoption of ductile iron pipes, thereby driving the global ductile iron pipes market over the forecast period.

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.

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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.

Asian Region to Maintain the Dominance under Global Ductile Iron Pipes Market

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.

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