Duplex Stainless Steel Market to Reach $4.56 billion with 6.8% CAGR by 2026 – Analysis of AK Steel Holding Corporation, Nippon Steel & Sumikin Stainless Steel Corporation , Carpenter Technology Corporation, Outokumpu OYJ, Daido Steel Co. Ltd

Premium market Insights has announced the addition of the “Duplex Stainless Steel Market”, the report analyzes opportunities in the market for stakeholders by identifying the high-growth segments of the Duplex Stainless Steel market, strategically profiles the key market players, and comprehensively analyzes their market size and core competencies in each segment.

Global Duplex Stainless Steel Market is accounted for $2.53 billion in 2017 and is expected to reach $4.56 billion by 2026 growing at a CAGR of 6.8% during the forecast period. The report also puts forward the current and future market scenario derived precisely from a thorough analysis of the markets across five major regions: North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America. The exhaustive PEST analysis is done for each region to assess major external factors which may influence the Duplex Stainless Steel Market in the coming years.

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Among 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.

By Geography, Asia-Pacific is the most promising market for duplex stainless steels and is projected to remain the same in the coming years as well. Continuously increasing the production of the manufacturing sector to cater domestic requirements for high-quality products and rising number of export activities in the region are the factors leading to an increased demand for duplex stainless steel in the region.

The market study also includes the key drivers expected to boost the market growth and restraining factors along with future opportunities during the forecast. The Duplex Stainless Steel Market is likely to showcase symbolic growth opportunities owing to growing demands for Duplex Stainless Steel across the globe.

The market report highlights top ten companies’ operation strategy in the market through a descriptive SWOT analysis of each company, business overview, products and services, financial statements of last three years, and key developments and product launches by the company in recent years.

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Some of the key players in the Duplex Stainless Steel market include AK Steel Holding Corporation, Nippon Steel & Sumikin Stainless Steel Corporation , Carpenter Technology Corporation, Outokumpu OYJ, Daido Steel Co. Ltd., Allegheny Technologies Incorporated, Tata Steel, Thyssenkrupp AG, Sandvik Materials Technology AB, Voestalpine AG, Arcelormittal S.A., Posco Group, Jindal Steel & Power Ltd, Acerinox S.A. and Nippon Yakin Kogyo Co. Ltd.

Product Forms Covered:
- Welding Wires
- Pumps & Valves
- Rebar & Mesh
- Tubes
- Fittings & Flanges
- Other Product Forms

Grades Covered:
- Duplex
- Super & Hyper Duplex
- Lean Duplex

End Users Covered:
- Desalination Industry
- Construction Industry
- Oil & Gas Industry
- Pulp & Paper
- Chemical Industry
- Other End Users

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Contact Info: 
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Email: [email protected]
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Posted by on Friday August 16 2019, 8:15 AM EDT. All trademarks acknowledged. Filed under Advanced Materials, Chemicals, Chemicals & Materials. Comments and Trackbacks closed. Follow responses: RSS 2.0

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