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Geotechnical Engineering
Market Research Future (MRFR) predicts
The global geotechnical engineering market is expected to develop rapidly in the coming years, owing to rising per capita disposable income and technological advances in geotechnical engineering projects in the engineering construction industry. Elevated demand for residential and infrastructure in emerging countries such as China, India, and other South Asian countries is expected to propel the geotechnical engineering industry forward in the coming years. One of the developments in the construction industry that is expected to fuel demand for geotechnical engineering designs over the forecast period is a greater emphasis on innovation in construction materials. However, during the forecast period, a lack of skilled labor could be a major restriction for the global geotechnical engineering market.
Segments
The ductile iron pipes market analysis is segmented into diameter and application. The diameter segment is sub-segmented into DN 80-300, DN 350-600, DN 700-1000, DN 1200-2000, and DN2000 & above. Of these, the DN 700 - DN 1000 segment holds the largest market share due to the wide uses for water & wastewater applications.
The DN 350-600 pipe segment also witnesses vast uses in large-scale water supply and irrigation plants. These pipes are also extensively used in mining applications due to their extended life and durability in water infrastructure.
The application segment is sub-segmented into irrigation and water & wastewater. Of these, the water and wastewater segment holds the largest market share due to government and non-government initiatives and investments in developing water-related infrastructure and services.