• India DI & HDPE pipe market value will escalate in future owing to government’s focus on water infrastructure for potable water supply and aim of achieving 100% sanitation coverage in India. Government’s Housing for all by 2022 focuses building 2 crore houses for poor including economically weaker sections and lower income groups.
• India DI & HDPE pipe market is majorly driven by high demand in domestic market. Indian Government introduced ‘Make in India’ initiative in 2014 which has brought ease for foreign players to manufacture pipes in India and sell at lower cost, avoiding excise duties and taxes.
• Companies’ focus on increasing their exports and enhancing production levels & production capacities would aid in sustaining growth of the market.
India DI & HDPE pipe market is expanding owing to increasing water development infrastructure, increasing awareness on water conservation and aim to become 100% open defecation free nation. India DI & HDPE pipe market is likely to have strong linkages with investment in water infrastructure development and India is witnessing huge investment in water projects under ‘Swachh Bharat Abhiyaan’, Atal Mission for Rejuvenation and Urban Development (AMRUT) and various other State level projects, the DI & HDPE pipe sector is anticipated to witness a bright outlook in upcoming years. Ductile Iron Pipe Industry Growth ,Ductile Iron Pipe Sector, Manufacturers DI Pipe in India, India HDPE Pipe Market, India HDPE Pipe Manufacturing Cost, Ductile Iron (DI) Pipes & Fittings – JINDAL SAW LTD, Ductile Iron Pipe Market Trends, Electrosteel Castings Business Performance, Indian Pipe Industry: Trends & Opportunities, Ductile Iron Pipe Market 2017,Ductile iron pipes manufacturing India, Manufacturers PVC-O Pipes in India .
The major aim of these projects is the make sure that every citizen of India has optimum access to safe and hygienic drinking water. The government of India has been focusing on providing housing to each and every citizen of India by 2022. Rise in number of houses in the country will increase the need for constructing pipe infrastructure to transport water.
Modi Government introduced ‘Make in India’ initiative on September 25th, 2014. The primary goal of this initiative is to make India a global manufacturing hub, by encouraging both multinational as well as domestic companies to manufacture their products within the country. Make in India has introduced multiple new initiatives, promoting foreign direct investment, implementing intellectual property rights and developing the manufacturing sector. This initiative has aided the domestic as well as foreign pipe manufacturing companies through its easy reforms and regulations to setup businesses in India. Many irrigation projects and dams are under-construction to aid the pipe market in India.
Increasing population rate, rising FDI in construction and development, high investment in improving gas distribution network and increasing number of housing units are some other key factors that may have positive impact on the market creating additional and replacement demand in the future, according to the Analyst at Ken Research.
Ken Research in its latest study, India DI & HDPE Pipe Market Outlook to 2022, suggests that demand of DI pipes in the market will continue to dominate in India owing to huge investment in water infrastructure, improving sanitation facilities and increasing awareness on using good quality pipes. The HDPE pipe market will grow on account of improving irrigation infrastructure, high demand of HDPE pipes for water supply in industrial & commercial sectors and enhancing gas distribution infrastructure. HDPE pipes are low weight pipes with longer lifespan and they are very easy to install manually. Increasing awareness among people for using HDPE will boost demand for HDPE pipes in future.
India DI & HDPE pipe market is estimated to register a positive CAGR during FY’2017 – FY’2022. Future investments in Swachh Bharat Mission and Housing for all by 2022 are expected to be key drivers for spiked demand in India DI & HDPE pipe market.
The report provides information on DI & HDPE pipe market (by revenue and production), market segments (by domestic & export market, by sector, by end user, by diameter, by grade, by application and by market structure), manufacturing process for DI & HDPE pipes, norms and regulations for DI & HDPE pipes, trade scenarios in India, pricing analysis, schedule of rates in various States, investment model for setting up manufacturing plant, future outlook, Snapshot of major opportunities in various States, Snapshot on PVC-O pipe market in India and covering major companies including Electrosteel Casting Limited, Srikalahasthi Pipes Limited, Jindal Saw Limited, Electrotherm Limited, Jai Balaji Industries Limited, Tata Metaliks, Sathavahana Ispat, Rashmi Metaliks Limited, Electrosteel Steels Limited, UPI Polymers Private Limited, Jain Irrigation System Limited, Nandi Polymers India Private Limited, Ductron Group, Gamson India Private Limited, Dura-Line Corporation, Floking Pipes Private Limited, Optiflux Pipe Industries and Ori-Plast Limited.