Global Duplex Stainless Steel Market Competitive Strategies and Worldwide Demand with Top Brands -AK Steel Corporation, Acerinox, ATI, 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.

The Global Duplex Stainless Steel market accounted for USD 2.80 billion in 2016 and is projected to grow at a CAGR of 4.7% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Owing to the changes in the Global Duplex Stainless Steel market for the forecasted period of 2017 to 2024, Chemical and Materials industry is estimated to undergo some changes. The Global Duplex Stainless Steel report is a window to the market while explaining the terminologies like classifications, market definition, applications, engagements, and market trends. Besides, the Global Duplex Stainless Steel report contains SWOT analysis for the market which simplifies what the market drivers and restraints while showing the recent developments, product launches, joint ventures, mergers and accusations by the several key players and brands that are driving the Global Duplex Stainless Steel market.

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Definition: Global Duplex Stainless Steel Market

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.

Currently, Duplex Stainless steel market is growing owing to the factors such as low price, and great corrosion resistance. Duplex Stainless steel is mainly used in the industries such as paper, construction, chemical and oil & gas.

Major Market Drivers & Restraint:

  • Increasing demand for duplex stainless steel from industries such as chemical, construction
  • Growing steel industry
  • Increasing offshore spending

Major Market Competitors:

Some of the major players in the duplex stainless steel market include AK Steel Corporation, Acerinox, ATI, 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, Ambica Steels ltd., Valbruna Stainless Inc., Foroni S.P.A., Erasteel and many more.

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Major Topics Covered in this Report:

  • Chapter 1 Study Coverage
  • Chapter 2 Executive Summary
  • Chapter 3 Market Size by Manufacturers
  • Chapter 4 Supervisory Control and Data Acquisition System Production by Regions
  • Chapter 5 Supervisory Control and Data Acquisition System Consumption by Regions
  • Chapter 6 Market Size by Type
  • Chapter 7 Market Size by Application
  • Chapter 8 Manufacturers Profiles
  • Chapter 9 Production Forecasts
  • Chapter 10 Consumption Forecast
  • Chapter 11 Upstream, Industry Chain and Downstream Customers Analysis
  • Chapter 12 Opportunities & Challenges, Threat and Affecting Factors
  • Chapter 13 Key Findings
  • Chapter 14 Appendix

Market Segmentation:

The duplex stainless steel market is segmented on the basis of product form into tubes, pumps and valves, fittings & flanges rebar & mesh, welding wires and others. Tubes is expected to grow at the highest CAGR in the forecast period.

  • On the basis of end use, the market is segmented into oil and gas industry, Desalination industry, chemical industry, pulp and paper industry, construction industry and others. Oil and gas industry is further segmented into pipeline, separators, scrubbers, pumps and others. Desalination industry is further segmented into evaporators and pressure piping. Chemical industry is further segmented into chemical reactors, heat exchanges, pressure vessels, others. pulp and paper, digesters, reactors & pressure vehicles, others. Construction industry is further segmented into bridges and structural components.
  • On the basis of grade, the market is segmented into duplex, lean duplex and super duplex.
  • On the basis of geography, the duplex stainless steel market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, Asia-Pacificis expected to dominate the market.

 

Global duplex stainless steel market is highly fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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Posted by on Thursday January 17 2019, 6:45 PM EDT. All trademarks acknowledged. Filed under Chemicals & Materials. Comments and Trackbacks closed. Follow responses: RSS 2.0

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