Global Duplex Stainless Steel Pipe Market Research Report 2023(Status and Outlook)

Global Duplex Stainless Steel Pipe Market Research Report 2023(Status and Outlook)

Report Overview

Duplex stainless steel pipes have a mixed microstructure of austenite and ferrite, the aim being to produce a 50/50 mix, although in commercial alloys, the mix may be 40/60 respectively. Duplex steels have improved strength over austenitic stainless steels and also improved resistance to localized corrosion, particularly pitting, crevice corrosion and stress corrosion cracking. They are characterized by high chromium (19–28%) and molybdenum (up to 5%) and lower nickel contents than austenitic stainless steels.

The major players in global Duplex Stainless Steel Pipe market include Outokumpu, Sandvik, ThyssenKrupp, etc. The top 3 players occupy about 30% shares of the global market. Europe and China are main markets, they occupy about 40% of the global market. Standard Duplex is the main type, with a share about 50%. Chemical Process Industry is the main application, which holds a share about 40%.

The Global Duplex Stainless Steel Pipe Market Size was estimated at USD 477.30 million in 2022 and is projected to reach USD 571.25 million by 2029, exhibiting a CAGR of 2.60% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Duplex Stainless Steel Pipe market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Duplex Stainless Steel Pipe Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Duplex Stainless Steel Pipe market in any manner.

Global Duplex Stainless Steel Pipe Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Outokumpu

Sandvik

Butting

ArcelorMittal

ThyssenKrupp

NSSMC

POSCO

Tata Steel

JFE

Sosta

PSP

Tenaris

Tubacex

Metline Industries

Baosteel

TISCO

Market Segmentation (by Type)

Lean Duplex

Standard Duplex

Super Duplex

Hyper Duplex

Market Segmentation (by Application)

Automobile

Motorcycle

Engineering Vehicle

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Duplex Stainless Steel Pipe Market

Overview of the regional outlook of the Duplex Stainless Steel Pipe Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors