Press release
Duplex Stainless Steel Welded Pipe Market is expected to reach US$ 4.2 billion by 2031 | Oshwin Overseas, Special Piping Materials, AMETEK Inc, Savoy Piping Inc, Tubacex Group
Duplex Stainless Steel Welded Pipe Market report, published by DataM Intelligence, delivers detailed insights and analysis on major market trends, growth prospects, and emerging challenges. With a strong focus on providing actionable intelligence, DataM Intelligence enables businesses to make well-informed decisions and maintain a competitive edge. By blending both qualitative and quantitative research approaches, the company offers thorough reports that support clients in navigating complex market environments, driving strategic expansion, and capitalizing on new opportunities in today's rapidly evolving global landscape.Global Duplex Stainless Steel Welded Pipe Market reached US$ 2.6 billion in 2023 and is expected to reach US$ 4.2 billion by 2031, growing with a CAGR of 6.1% during the forecast period 2024-2031.
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Market opportunities and Growth Drivers
The surge in offshore oil and gas exploration is fueling demand for duplex stainless steel (DSS) welded pipes. In 2022, offshore fields contributed roughly 30 percent of global crude output an exposure set to grow as onshore reserves dwindle making corrosion‐ and pressure‐resistant piping ever more vital .
The U.S. Energy Information Administration reports that DSS welded pipes are indispensable in subsea pipelines, risers, and flowlines, where they withstand both high pressures and aggressive seawater environments . The International Energy Agency forecasts an 11 percent jump in upstream oil and gas investment to $528 billion in 2023, underscoring operators' commitment to durable materials like DSS for long‐term reliability .
In mature deepwater regions such as the North Sea, major producers are shifting toward higher‐grade duplex alloys to minimize lifecycle costs and enhance safety. DSS's combination of low thermal expansion, superior strength, and excellent corrosion resistance makes it especially well‐suited to the temperature swings and pressure cycles of modern offshore developments.
List of the Key Players in the Duplex Stainless Steel Welded Pipe Market:
NIPPON STEEL CORPORATION, Zhengzhou City Huitong Pipe Fittings Co., Ltd., Oshwin Overseas, Special Piping Materials, AMETEK Inc., Savoy Piping Inc., Tubacex Group, Aesteiron Steels LLP, MTSCO and Metline Industries.
Assessing the Effects of U.S. Tariffs on the Duplex Stainless Steel Welded Pipe Market
The U.S. tariff war is reshaping how businesses analyze trends and make strategic decisions. As tariffs drive up costs and disrupt supply chains, companies are increasingly focused on understanding consumer behavior, identifying new sourcing opportunities, and adjusting their operations to remain competitive. The ongoing uncertainty has created a stronger demand for timely insights and data-driven strategies to navigate shifting trade dynamics and economic pressures.
Research Process:
Both primary and secondary data sources have been used in the global Duplex Stainless Steel Welded Pipe Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Duplex Stainless Steel Welded Pipe Market:
by product type [Hyper Duplex, Standard Duplex, Super Duplex, Others]
by material grade [304, 316, 304L, 316L, Others]
by surface treatment [Bare, Galvanized, Copper Plated, Painted], by thickness [5.0-10 mm, 2.5-5.0 mm, 0.3-2.5 mm],
by outer diameter [10 to 16 Inch, 3 to 10 Inch, 1.5 to 3 Inch]
by application [Offshore Oil & Gas, Chemical Process Industry, Chemical Tankers/Shipbuilding, Desalination/Water Treatment, Others]
by region [North America (US, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Rest of Europe), South America (Brazil, Argentina, Rest of South America), Asia-Pacific (China, India, Japan, Australia, Rest of Asia-Pacific), Middle East & Africa]
Regional Analysis for Duplex Stainless Steel Welded Pipe Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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Most Frequently Asked Questions in the Duplex Stainless Steel Welded Pipe Market Research Industry:
➠ What are the global figures for sales, production, consumption, imports, and exports in the Duplex Stainless Steel Welded Pipe market?
➠ Who are the top manufacturers in the global Duplex Stainless Steel Welded Pipe industry, and what is their current status in terms of production capacity, output, sales performance, pricing structure, cost analysis, profit margins, and overall revenue?
➠ What key opportunities are available for vendors in the Duplex Stainless Steel Welded Pipe market, and what challenges are they likely to encounter?
➠ Which application areas, end-user segments, or product types are projected to experience significant growth, and how is the market share distributed among them?
➠ What are the major drivers and barriers influencing the growth trajectory of the Duplex Stainless Steel Welded Pipe market?
➠ What are the primary sales, marketing, and distribution strategies used across the global Duplex Stainless Steel Welded Pipe industry landscape?
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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