Duplex Stainless Steel Tube Market
Facts and Factors “Duplex Stainless Steel Tubes Market Report Findings By Size (12-30mm, 31-50mm, 50-89mm, 90-140mm, 141-219mm, and Other Sizes), By Application (Offshore Oil & Gas, Chemical Process Industry, Chemical Tankers/Shipbuilding, Water Desalination/Treatment and Others (Construction, Pulp & Paper Industry, etc.)” By 2026, the market is expected to grow at a CAGR approximately 6.0% and be worth approximately $1,500 million.
Duplex stainless steel tubes have a microstructure composed of approximately equal parts ferrite and austenite, and the finished products have both austenitic and ferritic characteristics. It has superior localized corrosion resistance and resists austenitic grade chloride stress corrosion cracking. It can be used to create tubes with a finer gauge. For high precision tubing, advanced hardness levels provide superior wear resistance. At about -50 degrees, duplex steel changes from ductile to brittle. Compared to austenitic stainless steel, these tubes have higher concentrations of molybdenum (up to 5%) and chromium (19-28%) and lower nickel contents. Depending on the needs of the end-use industry, it is offered in different grades with different chemical compositions.
The main reason why duplex stainless steel tubing is becoming increasingly important in the construction industry is the increasing investment in infrastructure development. The expansion of the duplex stainless steel pipe market is mainly driven by the growing demand in the field of infrastructure development and construction. The need to create new social infrastructures has increased considerably recently all over the world. The infrastructure must be extremely durable and low maintenance in countries like China and Japan.
The emphasis on research and development by the major players is expected to boost the growth of the global duplex stainless steel tubing market. The global duplex stainless steel tubing market is expected to rise significantly over the forecast period owing to the increase in offshore and onshore application activities.
The expansion of the market could be hindered by the increasing use of carbon fiber in the automotive sector. Duplex stainless steel tubes are expected to find new markets in the near future due to research and development, technological advancements, increased government investment in the oil, gas and chemical industries, and other factors.
𝐑𝐞𝐚𝐝 𝐛𝐮𝐲𝐧𝐨𝐰 @https://www.fnfresearch.com/buynow/su/duplex-stainless-steel-tubes-market-size-12-30
Market segments based on duplex stainless steel tube size include 12-30mm, 31-50mm, 50-89mm, 90-140mm, 141-219mm and other sizes. The global duplex stainless steel tubing market was dominated by the 31-50mm size segment in terms of revenue in 2019. The increased demand for 31-50mm duplex stainless steel tubing from the automotive industry is driving the origin of this trend. PAI 31-50mm tubes have a wider range of uses in the automotive sector than the 12-13mm tube segment, including the manufacture of exhaust components, catalytic converter shells and arches/bars. -buffalo. About 30.0% of the global duplex stainless steel tubing market in 2019 was pre-cut strip.
Market segments based on duplex stainless steel tube size include 12-30mm, 31-50mm, 50-89mm, 90-140mm, 141-219mm and other sizes. The global duplex stainless steel tubing market was dominated by the 31-50mm size segment in terms of revenue in 2019. The increased demand for 31-50mm duplex stainless steel tubing from the automotive industry is driving the origin of this trend. PAI 31-50mm tubes have a wider range of uses in the automotive sector than the 12-13mm tube segment, including the manufacture of exhaust components, catalytic converter shells and arches/bars. – buffaloes. About 30.0% of the global duplex stainless steel tubing market in 2019 was pre-cut strip.
Offshore oil and gas, chemical process industry, desalination/water treatment, chemical tankers/shipbuilding, and other segments make up the global duplex stainless steel tubing market (construction, pulp industry and papers, etc). The offshore oil and gas section accounted for more than 40.0% of the aforementioned segment’s revenue in 2019. In particular, the offshore oil sector is always pushing oil exploration to deeper depths, which creates hazardous environments and harsh conditions. higher pressure. However, it has become vital to choose accurate alloys for oil and gas applications to overcome these difficult circumstances and prepare for the high cost of part failure. The growth of the oil and gas and construction industry over the past few years has increased the demand for duplex stainless steel tubing.
𝐒𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐤𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐢𝐧 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞 𝐢𝐧𝐜𝐥𝐮𝐝𝐞 Group Butting, ArcelorMittal, Thyssenkrupp, NSSMC, POSCO, Tata Steel, JFE, North American Eoxnuless, Inc., Tenaris, TubaceX, Metline Industries, Baosteel, entre autres.
𝐓𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐬 𝐭𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐒𝐭𝐚𝐢𝐧𝐥𝐞𝐬𝐬 𝐒𝐭𝐞𝐞𝐥 𝐒𝐭𝐞𝐞𝐥 𝐦𝐚𝐫𝐤𝐞𝐭 𝐚𝐬 𝐟𝐨𝐥𝐥𝐨𝐰𝐬:
𝐆𝐥𝐨𝐛𝐚𝐥 𝐃𝐮𝐩𝐥𝐞𝐱 𝐒𝐭𝐚𝐢𝐧𝐥𝐞𝐬𝐬 𝐒𝐭𝐞𝐞𝐥 𝐓𝐮𝐛𝐞𝐬: 𝐒𝐢𝐳𝐞 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬
𝐆𝐥𝐨𝐛𝐚𝐥 𝐃𝐮𝐩𝐥𝐞𝐱 𝐒𝐭𝐚𝐢𝐧𝐥𝐞𝐬𝐬 𝐒𝐭𝐞𝐞𝐥 𝐓𝐮𝐛𝐞𝐬: 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬
offshore oil and gas
Chemical process industry
Chemical tankers / Shipbuilding
Desalination / Water treatment
Others (Construction, pulp and paper industry, etc.)
𝐑𝐞𝐚𝐝 𝐃𝐞𝐭𝐚𝐢𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 @https://www.fnfresearch.com/duplex-stainless-steel-tubes-market-size-12-30
𝐆𝐥𝐨𝐛𝐚𝐥 𝐃𝐮𝐩𝐥𝐞𝐱 𝐒𝐭𝐚𝐢𝐧𝐥𝐞𝐬𝐬 𝐒𝐭𝐞𝐞𝐥 𝐓𝐮𝐛𝐞𝐬: 𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬
The rest of Europe
South East Asia
Rest of Asia-Pacific
Rest of Latin America
Middle East and Africa
Rest of the Middle East and Africa
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