Market Overview:
The global cast iron manhole covers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cast iron manhole covers from municipal and roads applications, and communication and power applications. Additionally, the growing infrastructure development in emerging economies is also contributing to the growth of this market.
Product Definition:
Cast iron manhole covers are used to cover manholes. They are made from cast iron and are heavy and durable. They can be opened with a tool to allow access to the manhole below.
Embedded Manhole Cover:
Embedded manhole cover is a cast iron plate that is embedded into the asphalt road surface. It provides mechanical strength to the pavement and also helps in preventing water leakage. The embedded manhole cover system was initially developed for use in Russia, but it has now become popular all over the world due to its excellent properties and low cost compared to other systems available for preventing water leakage on roads.
Solid Manhole Cover:
Solid manhole cover is a simple structure made of cast iron. It has no internal support and therefore it can’t be damaged by water or any other material that may get inside the hole. The design of solid manhole cover depends on the requirements given to it by the manufacturer while manufacturing these products. Solid manhole covers are widely used in applications such as sewage, drainage, and electrical connections among others.
Application Insights:
The municipal and roads application segment accounted for the largest revenue share of over 60% in 2017. The demand is expected to increase owing to the expansion projects of various cities across the world. For instance, according to a study conducted by Henn-Sung Kim, an associate professor at Korea University, Seoul's population is expected to reach 10 million by 2020 from 6.5 million in 2010 which will lead to an increase in infrastructure development leading to an increased requirement for cast iron manhole covers over the forecast period.
Communication and power application segment are also anticipated witness significant growth with a CAGR of XX% from 2018to 2030 on account of increasing number of construction projects along with growing need for better communication facilities such as internet.
Regional Analysis:
North America dominated the global cast iron manhole covers market in 2017. The growth is attributed to increasing infrastructure spending coupled with growing demand for communication and power infrastructure across U.S., which, in turn, is likely to boost product demand over the forecast period.
The market in Asia Pacific and Latin America is expected to witness significant growth over the forecast period owing to rising number of construction projects undertaken by various governments as part of their modernization plans along with increasing road network development activities within these regions. In addition, growing need for installation of modern infrastructure such as communication and power lines are anticipated to drive product demand further.
Europe accounted for a major share owing to high penetration rate of cast iron products within Europe especially within Netherlands, Belgium, Germany.
Growth Factors:
- Increasing demand from municipal and industrial sectors for cast iron manhole covers owing to their durability and corrosion resistance properties.
- Rising awareness about the benefits of using cast iron manhole covers among municipalities, which is expected to boost the market growth in the near future.
- Growing investments in transportation infrastructure across emerging economies, which is likely to create lucrative opportunities for the cast iron manhole cover market during the forecast period.
- Proliferation of smart cities and increasing adoption of IoT-based solutions for efficient management of municipal infrastructure, which is projected to fuel demand for cast iron manhole covers in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cast Iron Manhole Covers Market Research Report
By Type
Embedded Manhole Cover, Solid Manhole Cover
By Application
Municipal and Roads, Communication and Power, Others
By Companies
Baogai New Material, Jinlong Casting, San Qun, GB, Taizhou Zhonghai, Keyuda Foundry, Golden Autumn Foundry, TianCai, Yunbo New Material, Lingzhou Casting, JDL, Wu Xing, Shuguang Foundry, New Earth Composite Material, Huihuang Casting
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
178
Number of Tables & Figures
125
Customization Available
Yes, the report can be customized as per your need.
Global Cast Iron Manhole Covers Market Report Segments:
The global Cast Iron Manhole Covers market is segmented on the basis of:
Types
Embedded Manhole Cover, Solid Manhole Cover
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Municipal and Roads, Communication and Power, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Baogai New Material
- Jinlong Casting
- San Qun
- GB
- Taizhou Zhonghai
- Keyuda Foundry
- Golden Autumn Foundry
- TianCai
- Yunbo New Material
- Lingzhou Casting
- JDL
- Wu Xing
- Shuguang Foundry
- New Earth Composite Material
- Huihuang Casting
Highlights of The Cast Iron Manhole Covers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Embedded Manhole Cover
- Solid Manhole Cover
- By Application:
- Municipal and Roads
- Communication and Power
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cast Iron Manhole Covers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cast iron manhole covers are a type of cover that is made from cast iron. They are typically used to protect manholes from weather and debris.
Some of the key players operating in the cast iron manhole covers market are Baogai New Material, Jinlong Casting, San Qun, GB, Taizhou Zhonghai, Keyuda Foundry, Golden Autumn Foundry, TianCai, Yunbo New Material, Lingzhou Casting, JDL, Wu Xing, Shuguang Foundry, New Earth Composite Material, Huihuang Casting.
The cast iron manhole covers market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cast Iron Manhole Covers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cast Iron Manhole Covers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cast Iron Manhole Covers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cast Iron Manhole Covers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cast Iron Manhole Covers Market Size & Forecast, 2018-2028
4.5.1 Cast Iron Manhole Covers Market Size and Y-o-Y Growth
4.5.2 Cast Iron Manhole Covers Market Absolute $ Opportunity
Chapter 5 Global Cast Iron Manhole Covers Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Cast Iron Manhole Covers Market Size Forecast by Type
5.2.1 Embedded Manhole Cover
5.2.2 Solid Manhole Cover
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cast Iron Manhole Covers Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Cast Iron Manhole Covers Market Size Forecast by Applications
6.2.1 Municipal and Roads
6.2.2 Communication and Power
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cast Iron Manhole Covers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cast Iron Manhole Covers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Cast Iron Manhole Covers Analysis and Forecast
9.1 Introduction
9.2 North America Cast Iron Manhole Covers Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Cast Iron Manhole Covers Market Size Forecast by Type
9.6.1 Embedded Manhole Cover
9.6.2 Solid Manhole Cover
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Cast Iron Manhole Covers Market Size Forecast by Applications
9.10.1 Municipal and Roads
9.10.2 Communication and Power
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Cast Iron Manhole Covers Analysis and Forecast
10.1 Introduction
10.2 Europe Cast Iron Manhole Covers Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Cast Iron Manhole Covers Market Size Forecast by Type
10.6.1 Embedded Manhole Cover
10.6.2 Solid Manhole Cover
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Cast Iron Manhole Covers Market Size Forecast by Applications
10.10.1 Municipal and Roads
10.10.2 Communication and Power
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Cast Iron Manhole Covers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cast Iron Manhole Covers Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Cast Iron Manhole Covers Market Size Forecast by Type
11.6.1 Embedded Manhole Cover
11.6.2 Solid Manhole Cover
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Cast Iron Manhole Covers Market Size Forecast by Applications
11.10.1 Municipal and Roads
11.10.2 Communication and Power
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Cast Iron Manhole Covers Analysis and Forecast
12.1 Introduction
12.2 Latin America Cast Iron Manhole Covers Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Cast Iron Manhole Covers Market Size Forecast by Type
12.6.1 Embedded Manhole Cover
12.6.2 Solid Manhole Cover
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Cast Iron Manhole Covers Market Size Forecast by Applications
12.10.1 Municipal and Roads
12.10.2 Communication and Power
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Cast Iron Manhole Covers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cast Iron Manhole Covers Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Cast Iron Manhole Covers Market Size Forecast by Type
13.6.1 Embedded Manhole Cover
13.6.2 Solid Manhole Cover
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Cast Iron Manhole Covers Market Size Forecast by Applications
13.10.1 Municipal and Roads
13.10.2 Communication and Power
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cast Iron Manhole Covers Market: Competitive Dashboard
14.2 Global Cast Iron Manhole Covers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Baogai New Material
14.3.2 Jinlong Casting
14.3.3 San Qun
14.3.4 GB
14.3.5 Taizhou Zhonghai
14.3.6 Keyuda Foundry
14.3.7 Golden Autumn Foundry
14.3.8 TianCai
14.3.9 Yunbo New Material
14.3.10 Lingzhou Casting
14.3.11 JDL
14.3.12 Wu Xing
14.3.13 Shuguang Foundry
14.3.14 New Earth Composite Material
14.3.15 Huihuang Casting
