Best Manhole Cover Manufacturer - Unveil the Underlying Opportunities

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Best Manhole Cover Manufacturer - Unveil the
Underlying Opportunities
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Introduction

• By the end of 2019, the value of the global
  manhole cover industry had reached nearly 3.9
  billion.
• At the end of 2027, Global manhole cover
  manufacturing industry is expected to touch 4.91
  billion with the 2020-2027 CAGR hovering at the
  3 mark.
• With favorable market conditions and the
  evolution of manufacturing technology, the top
  cast iron manhole cover manufacturers are
  constantly pushing the boundaries of this sector
  in a bid to ensure product excellence and
  optimal value for money.

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Applications of Manhole covers are growing fast

• Extensively used in industrial setups, commercial
  projects, municipal facilities.
• For key facility services, the demand for cast
  iron manhole covers is increasing as well.
• Cast iron manhole covers are also being used in
  different utility pits.
• Need for producing high-strength manhole covers
  with electrical non-conductivity warrants a
  separate mention.

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Driving the industry forward

• Composite manhole covers deliver significant
  advantages -
• Minimal scrap value
• Lightweight
• High strength and durability of the composite
  covers.
• Investments on construction projects (both
  infrastructural and municipal) are growing
  significantly.

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Growing Scope for Design Innovations

• Focusing on the use of non-corrosive,
  high-quality and high-strength material.
• Top foundries typically use cast iron of GG 20/GG
  25 gradation which deliver the best results.
• Biggest factor driving forward the cast iron
  manhole cover market is the steady growth in the
  number of buyers.

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4. Demand for High Quality Manhole cover is
increasing

• Cutting-edge CNC machines are increasingly being
  used, to ensure quality and shorten the
  turnaround times.
• The top cast iron manhole cover manufacturers in
  India, like Crescent Foundry, typically adhere to
  globally accepted quality parameters, like the
  ASTM and EN-124 standards.
• Export opportunities are also rising across the
  world.

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5. Growing Competition is Driving growth

• Cast iron manhole cover manufacturing landscape
  is becoming extremely competitive.
• Focus is on coming up with products with
  top-notch polymerisation, excellent tensile
  strength, lightweight properties, and optimal
  strength-to-weight ratios.
• Offer the best blend of reliability,
  accessibility, ease of maintenance and durability
  is growing at a rapid clip.

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6. Favourable Market Conditions

• Current market scenario is highly conducive to
  facilitating growth in operations of leading cast
  iron manhole cover manufacturer companies
• Customization opportunities are increasing as
  well, as per the varied requirements of buyers.
• Due care has to be taken to ensure that there are
  no risks of accidents during the manhole cover
  installation, maintenance and repair.

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Leading cast iron manhole cover supplier
companies like Crescent Foundry need to identify
market trends and drive their business forward to
become more advanced, economical and efficient.
The Final Word
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Thanks!

• Contact us
• LORDS BUILDING" Suite 406, 4th Floor,7/1 Lord
  Sinha Road Kolkata 700 071, INDIA
• Email cf_at_crescentfoundry.in