Lucrative Business of Ductile Iron Pipe Fittings. Profitable Industry for New Startup.
Pipe Fittings are a piping component that aids in the installation of piping. Elbows and tees change the direction of the flow. Reducers and reducing tees change the size of the pipe. Different components, like as couplings, are used to connect and stop flows, whereas Caps are used to stop the flow. Depending on the material, characteristics, and purposes of the pipes and fittings used, pipe joints can be secured in a variety of methods. The installation or repair of pipes or tubes is referred to as pipe fitting.
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Pipes and tubes are required for a variety of purposes. Pipe fittings are a diverse group of goods that come in a variety of shapes, sizes, and materials. The push-on connection is the most common, quickest, and easiest-to-assemble joint for Ductile Iron pipe and fittings in underground applications. This connection is made up of a single rubber gasket that is inserted into a groove within the socket at the pipe’s bell end. Ductile iron pipes are easy to connect, can be laid in any weather, and don’t always require special backfill. It is the appropriate pipeline material for a wide range of applications due to its high safety factor and ability to accommodate ground movement.
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Benefits:
- Once installed, it requires relatively little care and is expected to endure at least 100 years.
- Ductile Iron Pipe is a 100 percent recyclable material that has up to 90% recycled content.
- Lower expenses due to improved flow capacity result in significant energy savings over the pipe’s service life. Ductile Iron is cost-effective.
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- It can handle the harshest environments, including high-pressure applications, tremendous earth and traffic loads, and unstable soil conditions.
- It is more ductile than grey iron.
- Impact resistance is higher than grey iron.
- More durable than grey iron
- Grey iron is heavier and more difficult to place.
- Joints are easy to work with.
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Market Outlook:
The market for Ductile Iron Pipes was $4,600 million in 2017 and is predicted to reach $9,428 million by 2026, rising at an annual rate of 8.3%. The primary application of ductile iron pipes is in the delivery of drinking water. Supply system breakdowns result in portable water losses. Due to increased demand for these pipes in developing nations, the worldwide ductile iron pipes market is expected to grow at a significant rate during the forecast period.
The global market for ductile iron pipes is fragmented due to the presence of several manufacturers all over the world. The market for ductile iron pipes has grown significantly due to the unprecedented growth of end-use industries. Drinking water distribution, wastewater, irrigation, mining, and other applications make up the worldwide ductile iron pipe market (including pump stations and process and treatment works).
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Major Key Players:
- Deccan Mechanical & Chemical Inds. Pvt. Ltd.
- Disa India Ltd.
- Ductile Castings Ltd.
- E S L Steel Ltd.
- Electrosteel Castings Ltd.
- Jainsons Corporation Ltd.
- Jindal Saw Ltd.
- Mcwane India Pvt. Ltd.
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