Data Bridge Market Research analyzes that the Duplex Stainless Steel Market will register a CAGR of 4.47% for the forecast period 2021 to 2028 driven by end-users due to properties such as corrosion resistance, tensile strength and durability, as well as a growing focus on sustainable industrial production processes the growth of the recycled glass market.
Duplex stainless steel is stronger than ordinary steel. Duplex stainless steels offer greater corrosion resistance and high mechanical strength. Duplex stainless steels are a combination of ferritic and austenitic grades and therefore have superior properties.
However, fluctuations in raw material prices will pose a major challenge to the growth of the duplex stainless steel market. Duplex stainless steels can only be used at a limited temperature, which will further hinder the growth of the duplex stainless steel market.
Duplex Stainless Steel Market Scope and Market Size
The duplex stainless steel market is segmented by end use class, product form, and industry. Growth between different segments will help you gain knowledge of the various growth factors that are expected to dominate the market and formulate different strategies to identify key application areas and differences within your target market.
· Based on grade, the duplex stainless steel market is segmented into duplex, thin duplex, super and hyper duplex.
· Based on product form, the duplex stainless steel market is segmented into pumps and valves, pipes, fittings and flanges, welding rods, fittings, gratings, and others.
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Duplex Stainless Steel Market Country Level Analysis
The Duplex Stainless Steel market has been analyzed and the market size, volume information has been provided by country class, product form and end user as mentioned above.
The Countries Covered in the Duplex Stainless Steel Market Report are the United States, Canada and Mexico in North America, Germany, France, United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey and Europe Europe, China, Japan, India , South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia Pacific (APAC), Saudi Arabia, United Arab Emirates, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as part of East Central and Africa (MEA), Brazil, Argentina and other South America as part of South America.
Competitive Landscape and Duplex Stainless Steel Market Share Analysis
The major players covered in the duplex stainless steel market report are
· COLUMBUS STAINLESS (PTY) LTD,
· Sandmeyer Steel Company
· Jindal Steel & Power Limited
· Aalco Metals Limited
· Special Steel Components Corporation
· Penn Stainless
· NIPPON STEEL CORPORATION
· Outokumpu
· MegaMex
· Sandvik AB; (publ)
· Citizen Metals Pvt Ltd.
· Special Piping Materials
Customization Available : Duplex Stainless Steel Market
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Major TOC of The Duplex Stainless Steel Market
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