Market Research Report Manufacturers DI Pipe in India,Ductile Iron Pipe S | Page 21

June 2017 India DI & HDPE Pipe Market Outlook to 2022 100mm–150mm DI pipes is higher than large diameter pipes owing to highest demand in the market, high rejection cost and complex manufacturing process. 200- 300mm pipes can withstand pressure of ~ bars. These DI pipes are used for residential and industrial purposes to transport water for drinking and manufacturing purposes and contributed ~% revenues to the overall DI pipe market. Companies produce 300mm and above DI pipes on the basis of prior order from the customers. DI pipes above 300mm diameter contribute around ~% of the production in the entire market. Market Segmentation by Grade: DI Pipe market by grade comprises of K7, K8, K9 and K12 pipes. K7 and K9 grade pipes dominated the market and generated ~% revenue from the overall DI pipe market. K8 and K12 class pipes are manufactured only for exports and manufactured on special requirement. These pipes have contributed ~% revenues to the overall market. Market Segmentation by Sector: Ductile iron pipe for water management contributed approximately ~% of the total revenue. DI pipes used for sewerage purpose contributed to ~%. ~% of the DI pipes for water management is used for drinking water applications and remaining ~% is used for industrial water supply. Competitive Landscape of Major Players in India Ductile Iron Pipe Market In the domestic market, in terms of production capacity Jindal Saw Ltd. is the market leader with a production capacity of ~ million tonnes during FY’2016 and highest market share in terms of value. Electrosteel Casting Ltd. is a subsidiary of Electrosteel Casting Group and it is the market leader in terms of production for ductile iron pipes. Electrosteel Casting Ltd. dominated the market by producing ~% (FY’ 2016) of the cumulative DI pipes produced in India. Srikalahasti Pipes Ltd. produced ~ million ton ductile iron pipes in FY’ 2016, and generates ~% revenue in the overall market (FY’2016). In FY’ 2016, Electrosteel Steels Ltd. had second highest production capacity among all the domestic players in India. The production capacity of the company is ~ million tons. Other major players in India ductile iron pipe industry are- Electrotherm Ltd, Tata Metaliks, Sathavahana Ispat Industries, Rashmi Metaliks and Jai Balaji Group. Future Outlook of India Ductile Iron Pipe Market Ductile iron pipes market value majorly depends on DI pipe projects and price of DI pipes. In terms of revenue, DI pipe market in India is anticipated to grow from INR ~ billion in FY’2017 to INR ~ billion in FY’2022. The DI Pipe market in terms of revenue is anticipated to grow at a CAGR ~% during FY’2017 – FY’2022. It has been anticipated that market will continue to remain undersupply producing approximately ~ million tons ductile iron pipes till FY’2019. India HDPE Pipe Market Size © Licensed product of Ken Research; should not be copied 21