Duplex Stainless Steel - Global Market Outlook (2017-2026
According to Stratistics MRC, the 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. 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.
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.
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.
Some of the key players in global duplex stainless steel market are 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
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario
4 Porters Five Force Analysis
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
7.2.1 Pressure Piping
7.2.2 Evaporators
7.3 Construction Industry
7.3.1 Structural Components
7.3.2 Bridges
7.4 Oil & Gas Industry
7.4.1 Scrubbers
7.4.2 Pipeline
7.4.3 Separators
7.4.4 Pumps
7.4.5 Other Oil & Gas Industries
7.5 Pulp & Paper
7.5.1 Reactors & Pressure Vessels
7.5.2 Digesters
7.5.3 Other Pulp & Papers
7.6 Chemical Industry
7.6.1 Heat Exchangers
7.6.2 Chemical Reactors
7.6.3 Pressure Vessels
7.6.4 Other Chemical Industries
7.7 Other End Users
8 Global Duplex Stainless Steel Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
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.
List of Tables
1 Global Duplex Stainless Steel Market Outlook, By Region (2016-2026) ($MN)
2 Global Duplex Stainless Steel Market Outlook, By Product Form (2016-2026) ($MN)
3 Global Duplex Stainless Steel Market Outlook, By Welding Wires (2016-2026) ($MN)
4 Global Duplex Stainless Steel Market Outlook, By Pumps & Valves (2016-2026) ($MN)
5 Global Duplex Stainless Steel Market Outlook, By Rebar & Mesh (2016-2026) ($MN)
6 Global Duplex Stainless Steel Market Outlook, By Tubes (2016-2026) ($MN)
7 Global Duplex Stainless Steel Market Outlook, By Fittings & Flanges (2016-2026) ($MN)
8 Global Duplex Stainless Steel Market Outlook, By Other Product Forms (2016-2026) ($MN)
9 Global Duplex Stainless Steel Market Outlook, By Grade (2016-2026) ($MN)
10 Global Duplex Stainless Steel Market Outlook, By Duplex (2016-2026) ($MN)
11 Global Duplex Stainless Steel Market Outlook, By Super & Hyper Duplex (2016-2026) ($MN)
12 Global Duplex Stainless Steel Market Outlook, By Lean Duplex (2016-2026) ($MN)
13 Global Duplex Stainless Steel Market Outlook, By End User (2016-2026) ($MN)
14 Global Duplex Stainless Steel Market Outlook, By Desalination Industry (2016-2026) ($MN)
15 Global Duplex Stainless Steel Market Outlook, By Pressure Piping (2016-2026) ($MN)
16 Global Duplex Stainless Steel Market Outlook, By Evaporators (2016-2026) ($MN)
17 Global Duplex Stainless Steel Market Outlook, By Construction Industry (2016-2026) ($MN)
18 Global Duplex Stainless Steel Market Outlook, By Structural Components (2016-2026) ($MN)
19 Global Duplex Stainless Steel Market Outlook, By Bridges (2016-2026) ($MN)
20 Global Duplex Stainless Steel Market Outlook, By Oil & Gas Industry (2016-2026) ($MN)
21 Global Duplex Stainless Steel Market Outlook, By Scrubbers (2016-2026) ($MN)
22 Global Duplex Stainless Steel Market Outlook, By Pipeline (2016-2026) ($MN)
23 Global Duplex Stainless Steel Market Outlook, By Separators (2016-2026) ($MN)
24 Global Duplex Stainless Steel Market Outlook, By Pumps (2016-2026) ($MN)
25 Global Duplex Stainless Steel Market Outlook, By Other Oil & Gas Industries (2016-2026) ($MN)
26 Global Duplex Stainless Steel Market Outlook, By Pulp & Paper (2016-2026) ($MN)
27 Global Duplex Stainless Steel Market Outlook, By Reactors & Pressure Vessels (2016-2026) ($MN)
28 Global Duplex Stainless Steel Market Outlook, By Digesters (2016-2026) ($MN)
29 Global Duplex Stainless Steel Market Outlook, By Other Pulp & Papers (2016-2026) ($MN)
30 Global Duplex Stainless Steel Market Outlook, By Chemical Industry (2016-2026) ($MN)
31 Global Duplex Stainless Steel Market Outlook, By Heat Exchangers (2016-2026) ($MN)
32 Global Duplex Stainless Steel Market Outlook, By Chemical Reactors (2016-2026) ($MN)
33 Global Duplex Stainless Steel Market Outlook, By Pressure Vessels (2016-2026) ($MN)
34 Global Duplex Stainless Steel Market Outlook, By Other Chemical Industries (2016-2026) ($MN)
35 Global Duplex Stainless Steel Market Outlook, By Other End Users (2016-2026) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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