Market Overview

Market Research Future (MRFR) reveals that the Global Duplex Stainless Steel Market can rise at is 4.66% CAGR to value at USD 2,516.0 Million by 2025. The availability of advanced version of duplex steel that offers the highest resistance to corrosion pitting and assets highest strength over other duplex steel pipes.

Segmental Analysis

The segment assessment of the Global Duplex Stainless Steel Market is done by Product Type, Thickness, Manufacturing Type, Application, and Outer Diameter.

he product type based segments of the global duplex stainless steel pipes market are standard duplex, hyper duplex, lean duplex, and super duplex. The hyper duplex segment can earn high revenue for the worldwide market.

The manufacturing type based segments of the global duplex stainless steel pipe market are seamless and welded among others. The dominance of seamless segment can be attributed to a wide range of applications, such as petrochemical, oil & gas, pulp & paper industry, wastewater treatment, shipbuilding, and chemical applications.

The thickness based segments of the global stainless steel pipe market are 2.5-5.0 mm, 5.0-10 mm, and 0.3-2.5 mm. The 5.0-10 mm segment can earn high profits for the market.

The outer diameter based segments of the global duplex stainless steel pipe market are 3 to 10 Inch, 10 to 16 Inch, and 1.5 to 3 Inch. The 10 to 16-inch segment can stir up considerable turnover for the market in the forecast period.

The application based segments of the Global Stainless Steel Pipe Market are chemical process industry, offshore oil & gas, desalination/water treatment, chemical tankers/shipbuilding, and pulp & paper.

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 Regional Analysis

Trends of the Global Duplex Stainless Steel Market study spans across EU, APAC, North America, the Middle East & Africa, and South America.

In 2018, Asia Pacific was recorded to lead the global market with a market size of USD 655.9 Million. By the end of the assessment period, the regional market value is anticipated to touch USD 878.2 Million at an impressive 4.36% CAGR. The duplex stainless steel market in North America is likely to rise at considerable pace due to high demand for oil and gas in the region. In addition, the surge in the production of shale gas can also favor the regional market in the years to come. The surge in exploration activities in offshore oil fields can also support the expansion of the market in the years to come. In Asia Pacific, the rise in importers count for oil and gas driving the need for inter-country pipelines can also support the expansion of the regional market in the near future.

The reliable and continuous supply of oil and gas is expected to add momentum to the Duplex Stainless Steel Industry expansion in the approaching years. In EU, the expansion of duplex stainless-steel market can tbe attributed to the significant rise in crude oil production. The rise in sustained investments across the oil & gas industry can impel the expansion of the regional market.

Competitive Analysis

ArcelorMittal (Luxembourg), Sandvik AB (Sweden), JFE Steel Corporation (Japan), Nippon Steel Corporation (Japan), POSCO (South Korea), TUBACEX S.A. (Spain), Outokumpu (Finland), Tenaris S.A. (Luxembourg), Metline Industries (India), Jiuli (China), Zheijang Debang Steel Co. Ltd (China), Zhejiang Tsinghshan Steel Pipe Co. Ltd (China), Wenzhou Zheheng Steel Industry Co. Ltd (China), and H.Butting Gmbh & Co.KG (Germany) are some reputed names in the Duplex Stainless Steel global Market that are ,listed by MRFR. Mergers, collaborations, and acquisitions among these players and others are discussed in the report to offer comprehensive understanding of the duplex stainless steel market.

Table of Content

1 Executive Summary

1.1 Global Duplex Stainless Steel Market, By Product Type 24

1.2 Global Duplex Stainless Steel Market, By Manufacturing Process 25

1.3 Global Duplex Stainless Steel Market, By Thickness 26

1.4 Global Duplex Stainless Steel Market, By Outer Diameter 27

1.5 Global Duplex Stainless Steel Market, By Application 28

1.6 Global Duplex Stainless Steel Market, By Region 29

2 Market Introduction

2.1 Definition 30

2.2 Scope Of The Study 30

2.3 Market Structure 30

2.4 Key Buying Criteria 31

3 Research Methodology

3.1 Research Process 32

3.2 Primary Research 33

3.3 Secondary Research 34

3.4 Market Size Estimation 34

3.5 Top-Down And Bottom-Up Approach 35

3.6 Forecast Model 36

3.7 List Of Assumptions 37

4 Market Dynamics

4.1 Introduction 38

4.2 Drivers 39

4.2.1 Efficiency And Cost-Effectiveness 39

4.2.2 Demand For Duplex Grade Pipes In Wastewater Treatment Plants 39

4.3 Restraints 40

4.3.1 Volatile Raw Material Prices 40

4.4 Opportunity 41

4.4.1 Growing Investment In The Oil & Gas Industry 41

4.5 Supply Chain Analysis 41

4.5.1 Raw Material Supply 41

4.5.2 Duplex Stainless-Steel Pipe Manufacture 42

4.5.3 Distribution 42

4.5.4 End Use 42

5 Market Factor Analysis

5.1 Porter's Five Forces Model 43

5.1.1 Threat Of New Entrants 43

5.1.2 Bargaining Power Of Suppliers 44

5.1.3 Bargaining Power Of Buyers 44

5.1.4 Threat Of Substitutes 44

5.1.5 Rivalry 44

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