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Duplex Stainless Steel Market, Global Outlook and Forecast 2023-2030

Duplex Stainless Steel Market, Global Outlook and Forecast 2023-2030

  • Published on : 17 November 2023
  • Pages :118
  • Report Code:SMR-7852276

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Report overview

The global Duplex Stainless Steel market was valued at US$ 2633.1 million in 2022 and is projected to reach US$ 3140.7 million by 2029, at a CAGR of 2.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The USA market for Global Duplex Stainless Steel market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The China market for Global Duplex Stainless Steel market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The Europe market for Global Duplex Stainless Steel market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

Increasing demand for duplex stainless steel from various end-use industries, such as oil & gas, chemical, desalination, pulp & paper, construction, and energy is expected to drive the demand for duplex stainless steel during the forecast period.
This report aims to provide a comprehensive presentation of the global market for Duplex Stainless Steel, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Duplex Stainless Steel.

This report contains market size and forecasts of Duplex Stainless Steel in global, including the following market information:

  • Global Duplex Stainless Steel Market Revenue, 2018-2023, 2024-2030, ($ millions)
  • Global Duplex Stainless Steel Market Sales, 2018-2023, 2024-2030, (K MT)
  • Global top five Duplex Stainless Steel companies in 2022 (%)

Among grades, the super duplex segment is projected to grow at the highest CAGR during the forecast period. Super duplex stainless steels are designed to handle extreme corrosive and high pressure situations, and for this reason, this grade is widely used in the oil & gas exploration activities. The growing oil & gas exploration activities are expected to drive the growth of this segment in the forecast period.
We surveyed the Duplex Stainless Steel manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Duplex Stainless Steel Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Duplex Stainless Steel Market Segment Percentages, by Type, 2022 (%)

  • Lean Duplex
  • Duplex
  • Super Duplex

Global Duplex Stainless Steel Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Duplex Stainless Steel Market Segment Percentages, by Application, 2022 (%)

  • Oil & Gas Industry
  • Desalination Industry
  • Chemical Industry
  • Pulp & Paper Industry
  • Construction Industry
  • Others

Global Duplex Stainless Steel Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Duplex Stainless Steel Market Segment Percentages, By Region and Country, 2022 (%)

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • The Middle East and Africa (Middle East, Africa)
  • South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis
The report also provides analysis of leading market participants including:

  • Key companies Duplex Stainless Steel revenues in global market, 2018-2023 (Estimated), ($ millions)
  • Key companies Duplex Stainless Steel revenues share in global market, 2022 (%)
  • Key companies Duplex Stainless Steel sales in global market, 2018-2023 (Estimated), (K MT)
  • Key companies Duplex Stainless Steel sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

  • Outokumpu OYJ
  • Tata Steel
  • Arcelormittal S.A.
  • Nippon Steel & Sumikin Stainless Steel Corporation
  • Sandvik Materials Technology AB
  • Posco Group
  • Acerinox S.A.
  • Allegheny Technologies Incorporated
  • Jindal Steel & Power Ltd
  • Daido Steel Co. Ltd.
  • Nippon Yakin Kogyo Co. Ltd.
  • AK Steel Holding Corporation
  • Thyssenkrupp Ag
  • Voestalpine Ag
  • Carpenter Technology Corporation

Outline of Major Chapters:
Chapter 1: Introduces the definition of Duplex Stainless Steel, market overview.
Chapter 2: Global Duplex Stainless Steel market size in revenue and volume.
Chapter 3: Detailed analysis of Duplex Stainless Steel manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Duplex Stainless Steel in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Duplex Stainless Steel capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.