Duplex Stainless Steel Market Size & Share, by Grade (Duplex, Lean Duplex, Super Duplex); Product Form (Welding Wires, Pumps & Valves, Fittings & Flanges, Others); by End-Use Industry (Oil & Gas, Pulp & Paper, Chemical, Desalination, Others) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 4928
  • Published Date: Nov 29, 2023
  • Report Format: PDF, PPT
  1. An Outline of the Global Duplex Stainless-Steel Market
    1. Market Definition
    2. Market Segmentation
    3. Product Overview
  2. Assumptions and Abbreviations
  3. Research Methodology & Approach
    1. Research Process
    2. Primary Research
      1. Manufacturers
      2. End Users
    3. Secondary Research
    4. Market Size Estimation
  4. Summary of the Report for Key Decision Makers
  5. Forces of Market Constituents
    1. Factors/Drivers Impacting the Growth of the Market
    2. Market Trends for Better Business Practices
  6. Key Market Opportunities for Business Growth
  7. Major Roadblocks for the Market Growth
  8. Decarbonization Strategy and Carbon Credit Benefits for Market Players
    1. Global Government Decarbonization Plans/Goals by Each Country under 2015 Agreement Agreed by 200 Countries
    2. Measures taken by Countries to Reduce Carbon Footprints
    3. Carbon Credits and Subsidy Plans/Benefits Rolled out by the Government for Market Players
    4. Effective Ways to Harness Carbon-Credits and Impact on Profit Margins
    5. Demand Impact on the Companies Opting for Carbon Credits
  9. Government Regulation
  10. Industry Risk Analysis
    1. Demand risk analysis
    2. Supply risk analysis
  11. Global Economic Outlook: Challenges for Global Recovery and its Impact on Global Duplex Stainless-Steel Market
    1. Ukraine-Russia crisis
    2. Potential US economic slowdown
    3. Impact of recession on global economy
  12. Impact of recession on Global Economy
  13. Industry Supply Chain Analysis
  14. Competitive Model: A Detailed Inside View for Investors
    1. Company Market Share (2023)
    2. Competitive Benchmarking
      1. NIPPON STEEL Stainless Steel Corporation
        1. Detailed Overview
        2. Assessment of key offerings
        3. Analysis of growth strategies
        4. Exhaustive analysis on key financial indicators
        5. Recent developments and strategies
      2. Industeel
      3. Jindal Stainless
      4. Daido Steel Co., Ltd.
      5. Thyssenkrupp AG
      6. Shandong Linxu Materials Co., Ltd.
      7. Sandvik AB
      8. Acerinox
      9. POSCO
      10. Penn Stainless
      11. Other Major Players
  15. Global Duplex Stainless-Steel Market Outlook
    1. Market Overview
    2. Market Revenue by Value (USD Million), Volume (Thousand Tons)
      1. Global Duplex Stainless-Steel Market Segmentation Analysis (2023-2036)
        1. By Grade
          1. Duplex, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
          2. Lean Duplex, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
          3. Super Duplex, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
      2. Global Duplex Stainless-Steel Market Segmentation Analysis (2023-2036)
        1. By Product Form
          1. Welding Wires, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
          2. Pumps & Valves, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
          3. Fittings & Flanges, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
          4. Others, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
      3. Global Duplex Stainless-Steel Market Segmentation Analysis (2023-2036)
        1. By End-Use Industry
          1. Oil & Gas, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
          2. Pulp & Paper, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
          3. Chemical, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
          4. Desalination, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
          5. Others, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
  16. Global Duplex Stainless-Steel Market, By Region, 2023-2036
    1. North America, 2023-2036F (USD Million & Thousand Tons)
    2. Europe, 2023-2036F (USD Million & Thousand Tons)
    3. Asia Pacific, 2023-2036F (USD Million & Thousand Tons)
    4. Latin America, 2023-2036F (USD Million & Thousand Tons)
    5. Middle East and Africa, 2023-2036F (USD Million & Thousand Tons)
  17. North America Duplex Stainless-Steel Market Demand Outlook & Projections, 2023-2036
    1. Market Overview
    2. Market Revenue by Value (USD Million), Volume (Thousand Tons)
      1. North America Duplex Stainless-Steel Market Segmentation Analysis (2023-2036)
        1. By Grade
          1. Duplex, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
          2. Lean Duplex, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
          3. Super Duplex, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
      2. North America Duplex Stainless-Steel Market Segmentation Analysis (2023-2036)
        1. By Product Form
          1. Welding Wires, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
          2. Pumps & Valves, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
          3. Fittings & Flanges, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
          4. Others, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
      3. North America Duplex Stainless-Steel Market Segmentation Analysis (2023-2036)
        1. By End-Use Industry
          1. Oil & Gas, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
          2. Pulp & Paper, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
          3. Chemical, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
          4. Desalination, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
          5. Others, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
      4. North America Duplex Stainless-Steel Market, By Country, 2023-2036
        1. US, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
        2. Canada, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
  18. Europe Duplex Stainless-Steel Market Demand Outlook & Projections, 2023-2036
    1. Market Overview
    2. Market Revenue by Value (USD Million), Volume (Thousand Tons)
      1. Europe Duplex Stainless-Steel Market Segmentation Analysis (2023-2036)
        1. By Grade
      2. Europe Duplex Stainless-Steel Market Segmentation Analysis (2023-2036)
        1. By Product Form
      3. Europe Duplex Stainless-Steel Market Segmentation Analysis (2023-2036)
        1. By End-Use Industry
      4. Europe Duplex Stainless-Steel Market, By Country, 2023-2036
        1. UK, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
        2. Germany, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
        3. France, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
        4. Italy, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
        5. Spain, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
        6. Russia, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
        7. NORDIC, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
        8. Rest of Europe, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
  19. Asia Pacific Duplex Stainless-Steel Market Demand Outlook & Projections, 2023-2036
    1. Market Overview
    2. Market Revenue by Value (USD Million), Volume (Thousand Tons)
      1. Asia Pacific Duplex Stainless-Steel Market Segmentation Analysis (2023-2036)
        1. By Grade
      2. Asia Pacific Duplex Stainless-Steel Market Segmentation Analysis (2023-2036)
        1. By Product Form
      3. Asia Pacific Duplex Stainless-Steel Market Segmentation Analysis (2023-2036)
        1. By End-Use Industry
      4. Asia Pacific Duplex Stainless-Steel Market, By Country, 2023-2036
        1. China, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
        2. India, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
        3. Japan, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
        4. Indonesia, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
        5. Malaysia, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
        6. Australia, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
        7. Rest of Asia Pacific, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
  20. Latin America Duplex Stainless-Steel Market Demand Outlook & Projections, 2023-2036
    1. Market Overview
    2. Market Revenue by Value (USD Million), Volume (Thousand Tons)
      1. Latin America Duplex Stainless-Steel Market Segmentation Analysis (2023-2036)
        1. By Grade
      2. Latin America Duplex Stainless-Steel Market Segmentation Analysis (2023-2036)
        1. By Product Form
      3. Latin America Duplex Stainless-Steel Market Segmentation Analysis (2023-2036)
        1. By End-Use Industry
      4. Latin America Duplex Stainless-Steel Market, By Country
        1. Argentina, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
        2. Mexico, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
        3. Rest of Latin America, 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
  21. Middle East & Africa Duplex Stainless-Steel Market Demand Outlook & Projections, 2023-2036
    1. Market Overview
    2. Market Revenue by Value (USD Million), Volume (Thousand Tons)
      1. Middle East & Africa Duplex Stainless-Steel Market Segmentation Analysis (2023-2036)
        1. By Grade
      2. Middle East & Africa Duplex Stainless-Steel Market Segmentation Analysis (2023-2036)
        1. By Product Form
      3. Middle East & Africa Duplex Stainless-Steel Market Segmentation Analysis (2023-2036)
        1. By End-Use Industry
      4. Middle East & Africa Duplex Stainless-Steel Market, By Country
        1. GCC, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
        2. Israel, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
        3. South Africa, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
        4. North Africa, Market 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F
        5. Rest of Middle East & Africa, 2023-2036F Value (USD Million), Volume (Thousand Tons), CAGR, 2023-2036F

Companies Dominating the Duplex Stainless Steel Landscape

top-features-companies
    • NIPPON STEEL Stainless Steel Corporation
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Industeel
    • Jindal Stainless
    • Daido Steel Co., Ltd.
    • Thyssenkrupp AG
    • Shandong Linxu Materials Co., Ltd.
    • Sandvik AB
    • Acerinox
    • POSCO
    • Penn Stainless

Browse Key Market Insights with Data Illustration:

In-the-news

In The News

  • June 30, 2021: Sandvik AB has successfully 3D printed components made of super-duplex stainless steel, going where no other manufacturer has gone before. The innovation gives offshore industrial segments new and interesting options.
  • January 26, 2023: Acerinox plans to invest USD 244 million in its US-based stainless steel facility. With this growth, North American Stainless (NAS), the primary all-inclusive stainless steel manufacturer in the US, will see products with higher added values solidify their place in the market. With a special focus on growing those with more added value, including BA (Bright Annealing) and steels with unique compositions, the new equipment envisaged with this USD 244 million investment will be used to increase the volume of flat goods.

Author Credits:  Smruti Ranjan, Rajrani Baghel


  • Report ID: 4928
  • Published Date: Nov 29, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The major factors driving the growth of the market are surge in construction activities, rise in utilization of duplex stainless steel in paper & pulp industry, and growth in maritime activity.

The market size of duplex stainless steel is anticipated to attain a CAGR of 6.4% over the forecast period, i.e., 2024-2036.

The major players in the market are NIPPON STEEL Stainless Steel Corporation, Industeel , Jindal Stainless , Daido Steel Co., Ltd., and others.

The welding wires segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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