At 6.0% CAGR, Global Duplex Stainless Steel Tubes Market Size to Surpass USD 1500.00 Million by 2026 - Industry Trends, Share, Growth, Analysis & Forecast Report by Facts & Factors

Findings from the Facts and Factors report "Duplex Stainless Steel Tubes Market By Size (12-30 mm, 31-50 mm, 50-89 mm, 90-140 mm, 141-219 mm, and other sizes), By Application (Offshore Oil and Gas, Chemical Process Industry, Chemical Tankers / Shipbuilding, Desalination / Water Treatment, and Others (Construction, Pulp & Paper Industry, Etc.)" By 2026, the market is projected to grow at a CAGR of about 6.0% and be worth about USD 1500 million.

Duplex stainless steel tubes have a microstructure that is roughly equal parts ferrite and austenite, and the finished products have characteristics that are both austenitic and ferritic in nature. It has higher-quality localized corrosion resistance and is resistant to austenitic-grade chloride stress corrosion cracking. It can be used to create tubing with a thinner gauge. For high-precision tubes, advanced hardness levels give superior wear resistance. At about -50 degrees, duplex steel transitions from ductile to brittle. In comparison to austenitic stainless steel, these tubes have higher molybdenum (up to 5%) and chromium (19-28%) concentrations and lower nickel contents. Depending on end-use industry needs, it is offered in various grades with various chemical compositions.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚𝐧 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 @https://www.fnfresearch.com/sample/duplex-stainless-steel-tubes-market-size-12-30

The main reason why duplex stainless steel tubes are becoming more and more important in the construction industry is the rising investment in infrastructure development. The expansion of the market for duplex stainless steel tubes is primarily driven by rising demand in the field of infrastructure development and construction. The need for the creation of new social infrastructure has dramatically expanded recently throughout the world. Infrastructure is required to be extremely long-lasting and low-maintenance in nations like China and Japan.

The extensive focus on research and development by key players is expected to drive the growth of the global duplex stainless steel tubes market. The global market for duplex stainless steel tubes is predicted to increase significantly over the course of the forecast period as a result of increasing offshore and onshore application activities.

The market's expansion could be hampered by the increasing use of carbon fibre in the automobile sector. Duplex stainless steel tubes are expected to find new markets in the near future because of research and development, technological advances, greater government investment in the oil and gas and chemical industries, and other factors.

𝐑𝐞𝐚𝐝 𝐛𝐮𝐲𝐧𝐨𝐰 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧@https://www.fnfresearch.com/buynow/su/duplex-stainless-steel-tubes-market-size-12-30

The size-based segments of the market for duplex stainless steel tubes include 12-30 mm, 31-50 mm, 50-89 mm, 90-140 mm, 141-219 mm, and other sizes. The market for duplex stainless steel tubes worldwide was dominated by the 31-50 mm size segment in terms of revenue in 2019. The increased demand for 31-50mm duplex stainless steel tubes from the automobile industry is credited with this trend. The PAI 31-50mm tubes have a wider range of uses in the automobile sector than the 12-13mm tube segment, including the manufacture of exhaust components, catalytic converter shells, and rollbars/bull bars. Approximately 30.0% of the worldwide Duplex Stainless Steel Tubes market in 2019 was made up of pre-cut strips.

The size-based segments of the market for duplex stainless steel tubes include 12-30 mm, 31-50 mm, 50-89 mm, 90-140 mm, 141-219 mm, and other sizes. The market for duplex stainless steel tubes worldwide was dominated by the 31-50 mm size segment in terms of revenue in 2019. The increased demand for 31-50mm duplex stainless steel tubes from the automobile industry is credited with this trend. The PAI 31-50mm tubes have a wider range of uses in the automobile sector than the 12-13mm tube segment, including the manufacture of exhaust components, catalytic converter shells, and rollbars/bull bars. Approximately 30.0% of the worldwide Duplex Stainless Steel Tubes market in 2019 was made up of pre-cut strips.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧@https://www.fnfresearch.com/customization/duplex-stainless-steel-tubes-market-size-12-30

The offshore oil and gas, chemical process industry, desalination/water treatment, chemical tankers/shipbuilding, and other segments make up the worldwide duplex stainless steel tubes market (construction, pulp & paper industry, etc.). The offshore oil and gas section made up 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 dangerous environments and higher pressure conditions. However, it has become vital to choose the precise alloys for the oil & gas sector applications in order to overcome these challenging circumstances as well as to be prepared for the high cost of part failure. The growth in the oil & gas and construction industry in the past few years has increased the demand for duplex stainless steel tubes.

𝐒𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐤𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐢𝐧 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞 Butting Group, ArcelorMittal, ThyssenKrupp, NSSMC, POSCO, Tata Steel, JFE, North American Stainless, Inc., Tenaris, Tubacex, Metline Industries, Baosteel, among others.

𝐓𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐬 𝐭𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐃𝐮𝐩𝐥𝐞𝐱 𝐒𝐭𝐚𝐢𝐧𝐥𝐞𝐬𝐬 𝐒𝐭𝐞𝐞𝐥 𝐓𝐮𝐛𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐚𝐬 𝐟𝐨𝐥𝐥𝐨𝐰𝐬:

𝐆𝐥𝐨𝐛𝐚𝐥 𝐃𝐮𝐩𝐥𝐞𝐱 𝐒𝐭𝐚𝐢𝐧𝐥𝐞𝐬𝐬 𝐒𝐭𝐞𝐞𝐥 𝐓𝐮𝐛𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐒𝐢𝐳𝐞 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬

12-30 mm
31-50 mm
50-89 mm
90-140 mm
141-219 mm
Other Sizes

𝐆𝐥𝐨𝐛𝐚𝐥 𝐃𝐮𝐩𝐥𝐞𝐱 𝐒𝐭𝐚𝐢𝐧𝐥𝐞𝐬𝐬 𝐒𝐭𝐞𝐞𝐥 𝐓𝐮𝐛𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬

Offshore Oil and Gas
Chemical Process Industry
Chemical Tankers / Shipbuilding
Desalination / Water Treatment
Others (Construction, Pulp & Paper Industry, Etc.)

𝐑𝐞𝐚𝐝 𝐃𝐞𝐭𝐚𝐢𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧@https://www.fnfresearch.com/duplex-stainless-steel-tubes-market-size-12-30

𝐆𝐥𝐨𝐛𝐚𝐥 𝐃𝐮𝐩𝐥𝐞𝐱 𝐒𝐭𝐚𝐢𝐧𝐥𝐞𝐬𝐬 𝐒𝐭𝐞𝐞𝐥 𝐓𝐮𝐛𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬

North America
U.S
Canada
Europe
Germany
France
U.K.
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
South-East Asia
Rest of Asia pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
GCC Countries
South Africa
Rest of the Middle East & Africa

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