Global Duplex Stainless Steel Tube Industry Market Report by 2026

Global Duplex Stainless Steel Tube Industry Market Report by 2026

According to the report, the Duplex Stainless Steel Tube market is expected to grow from USD xxxx million in 2019 to USD xxxx million by 2026, growing at a CAGR of xxxx% from 2019 to 2026.

Ÿ   Base Year: 2018

Ÿ   Estimated Year: 2019

Ÿ   Forecast Period: 2019 to 2026

Description:  

It is estimated that the CAGR (Compounded Annual Growth Rate) of the world market in the forecast period will reach xxxx%, and the total market value is expected to reach USD xxxx million in 2026 from USD xxxx million in 2019.

Duplex-stainless Steel tube market has witnessed considerable growth in the recent past, owing to an increasing demand for this product in various industries, such as Offshore Oil and Gas, Chemical Process Industry, Chemical Tankers / Shipbuilding, and Desalination / Water Treatment. Yet, the rising raw materials prices will restrain the growth of the market.

The duplex stainless steel tube has good welding performance. Compared with ferritic stainless steel and austenitic stainless steel, it is not like the welding heat affected zone of ferritic stainless steel, and the plastic toughness is greatly reduced due to severe grain coarsening. Unlike austenitic stainless steel, it is sensitive to hot cracks in welding.

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Competitive Insights

Major manufacturers profiled in the analysis report include Outokumpu, Sandvik, Butting, ArcelorMittal, ThyssenKrupp, NSSMC, POSCO, Tata Steel, JFE, Sosta, PSP, Tenaris, Tubacex, Metline Industries, Baosteel, TISCO, and others.

Regional Insights

In 2018, the Duplex-Stainless Steel Tube was mainly concentrated in the three regions of Asia-Pacific, North America, and Europe. The Asia-Pacific held the largest market share in 2018 and is anticipated to remain dominant over the forecast period. Asia-Pacific is a major consumer of the Duplex-Stainless Steel Tube market. Continuously increasing production of the manufacturing sector to cater to domestic requirements for high-quality products and the rising number of export activities are anticipated to fuel the expansion of this regional market.

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Type Insights

The type of the Duplex Stainless Steel Tube market can be divided into Lean Duplex, Standard Duplex, Super Duplex, and Hyper Duplex.

Application Insights

The Duplex Stainless Steel Tube can be applied in a wide range of industries, such as Offshore Oil and Gas, Chemical Process Industry, Chemical Tankers / Shipbuilding, Desalination / Water Treatment, and Others.

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Audience

•     Duplex Stainless Steel Tube manufacturers

•     Raw material suppliers of Duplex Stainless Steel Tube

•     Distributors and resellers of Duplex Stainless Steel Tube

•     Duplex Stainless Steel Tube industry associations

•     Product managers, Duplex Stainless Steel Tube industry administrator, C-level executives of the industries

•     Market Research and consulting firms

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