Global Duplex Stainless Steel Market Estimated to Generate a Revenue of $4.56 Billion During the Forecast Period, 2018-2026 -

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The Global Duplex Stainless Steel market is expected to reach $4.56 billion by 2026 growing at a CAGR of 6.8% during 2018 to 2026.
Duplex stainless steel is twice as strong as the ferric stainless steel and regular austenitic steels. Duplex stainless steel offers excellence resistant to corrosion and high mechanical strength ensuring more uptime than the carbon steels and the conventional steels. Some of the key factors influencing the market growth include increasing demand for duplex stainless steel from various end-use industries, such as chemical, oil & gas, pulp & paper, desalination, energy and construction, growing steel industry. However, the rising cost of raw materials used to manufacture duplex stainless steel is restricting the market growth.

Based on product form, the tubes segment has significant growth during the forecast period, owing to the growing use of duplex stainless steel based tubes in offshore oil & gas exploration and production, heat exchangers in the chemical industry, and in hydraulic and instrumentation applications in the marine industry.

Key Questions Answered in this Report:
  • How this market evolved since the year 2016
  • Market size estimations, forecasts and CAGR for all the segments presented in the scope
  • Key Market Developments and financials of the key players
  • Opportunity Analysis for the new entrants
  • SWOT Analysis of the key players
  • Fastest growing markets analyzed during the forecast period

Key Topics Covered:

1 Market Synopsis

2 Research Outline

2.1 Research Snapshot

2.2 Research Methodology

2.3 Research Sources

2.3.1 Primary Research Sources

2.3.2 Secondary Research Sources

3 Market Dynamics

3.1 Drivers

3.2 Restraints

4 Market Environment

4.1 Bargaining power of suppliers

4.2 Bargaining power of buyers

4.3 Threat of substitutes

4.4 Threat of new entrants

4.5 Competitive rivalry

5 Global Duplex Stainless Steel Market, By Product Form

5.1 Introduction

5.2 Welding Wires

5.3 Pumps & Valves

5.4 Rebar & Mesh

5.5 Tubes

5.6 Fittings & Flanges

5.7 Other Product Forms

6 Global Duplex Stainless Steel Market, By Grade

6.1 Introduction

6.2 Duplex

6.3 Super & Hyper Duplex

6.4 Lean Duplex

7 Global Duplex Stainless Steel Market, By End User

7.1 Introduction

7.2 Desalination Industry

7.3 Construction Industry

7.4 Oil & Gas Industry

7.5 Pulp & Paper

7.6 Chemical Industry

7.7 Other End Users

8 Global Duplex Stainless Steel Market, By Geography

8.1 Introduction

8.2 North America

8.3 Europe

8.4 Asia Pacific

8.5 South America

8.6 Middle East & Africa

9 Strategic Benchmarking

10 Vendors Landscape

10.1 AK Steel Holding Corporation

10.2 Nippon Steel & Sumikin Stainless Steel Corporation

10.3 Carpenter Technology Corporation

10.4 Outokumpu OYJ

10.5 Daido Steel Co. Ltd.

10.6 Allegheny Technologies Incorporated

10.7 Tata Steel

10.8 Thyssenkrupp AG

10.9 Sandvik Materials Technology AB

10.10 Voestalpine AG

10.11 Arcelormittal S.A.

10.12 Posco Group

10.13 Jindal Steel & Power Ltd

10.14 Acerinox S.A.

10.15 Nippon Yakin Kogyo Co. Ltd.

For more information about this report visit

Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900