As of 2024, the forecasted market size for non-malleable cast iron tube or pipe fittings in France is 8.6405 million kilograms. In 2023, the recorded market size stood at 9.4000 million kilograms. This market is anticipated to experience a consistent decrease over the forecast period, with values projected to drop to 5.7156 million kilograms by 2028.
- Year-on-year, the volume is expected to decline markedly, registering a -8.60% reduction between 2024 and 2025.
- This downward trend continues with a -9.30% decrease from 2025 to 2026, followed by a -10.16% reduction in 2026 to 2027.
- From 2027 to 2028, the decrease slows slightly but remains significant at -11.19%.
- Over the entire forecast period from 2024 to 2028, the compound annual growth rate (CAGR) is projected at -9.98%.
Future trends to watch for include technological advancements that may influence production efficiencies and cost reductions. Additionally, emerging markets for alternative materials and environmental regulatory changes could significantly impact demand and production strategies within this sector.
