Global Duplex Stainless Steel Pipe Market Size & Outlook
Global duplex stainless steel pipe market, 2018-2030 (US$M)
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Global duplex stainless steel pipe market highlights
- The global duplex stainless steel pipe market generated a revenue of USD 642.3 million in 2024 and is expected to reach USD 1,124.8 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 9.8% by 2030.
- In terms of segment, oil & gas accounted for a revenue of USD 291.9 million in 2024.
- Chemical & Petrochemical is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, China is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 642.3 million |
| Market revenue in 2030 | USD 1,124.8 million |
| Growth rate | 9.8% (CAGR from 2025 to 2030) |
| Largest segment | Oil & gas |
| Fastest growing segment | Chemical & Petrochemical |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Oil & Gas, Chemical & Petrochemical, Desalination & Water Treatment, Paper & Pulp |
Other key industry trends
- In terms of revenue, the North America accounted for 16.7% of the global duplex stainless steel pipe market in 2024.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, China is the fastest growing regional market and is projected to reach USD 488.5 million by 2030.
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Duplex Stainless Steel Pipe Market Scope
Duplex Stainless Steel Pipe Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| JSW | View profile | 5001-10000 | Tokyo, Tokyo, Japan, Asia | http://www.jsw.co.jp |
| JSW Steel | View profile | 5001-10000 | Mumbai, Maharashtra, India, Asia | https://www.jswsteel.in |
| Aperam | View profile | 5001-10000 | Luxembourg, Luxembourg, Luxembourg, Europe | http://www.aperam.com |
| Outokumpu Oyj Class A | View profile | 8776 | Salmisaarenranta 11, Helsinki, Finland, FI-00180 | https://www.outokumpu.com |
| Acerinox SA | View profile | 8245 | Calle Santiago de Compostela, no. 100, Madrid, Spain, 28035 | https://www.acerinox.com |
| Thyssenkrupp AG | View profile | 100202 | ThyssenKrupp Allee 1, Essen, NW, Germany, 45143 | https://www.thyssenkrupp.com |
| POSCO Holdings Inc ADR | View profile | 44501 | POSCO Center, 440 Teheran-ro, Gangnam-gu, Seoul, Korea, Republic of, 06194 | https://www.posco.co.kr |
| Nippon Steel Corp | View profile | 121990 | 6-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo, Japan, 100-8071 | https://www.nipponsteel.com |
| Tata Steel Ltd GDR - 144A | View profile | 73496 | 24 Homi Mody Street, Bombay House, Fort, Mumbai, MH, India, 400 001 | https://www.tatasteel.com |
Global duplex stainless steel pipe market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to duplex stainless steel pipe market will help companies and investors design strategic landscapes.
Oil & gas was the largest segment with a revenue share of 45.45% in 2024. Horizon Databook has segmented the Global duplex stainless steel pipe market based on oil & gas, chemical & petrochemical, desalination & water treatment, paper & pulp covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Duplex Stainless Steel Pipe Product Outlook (Revenue, USD Million, 2018-2030)
- Chemical & Petrochemical
- Desalination & Water Treatment
- Others
- Oil & Gas
- Paper & Pulp
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Horizon Databook provides a detailed overview of global-level data and insights on the Global duplex stainless steel pipe market , including forecasts for subscribers. This global databook contains high-level insights into Global duplex stainless steel pipe market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global duplex stainless steel pipe market size, by regions, 2018-2030 (US$M)
Top 10 countries: Duplex stainless steel pipe market size, 2024 (US$M)
Global duplex stainless steel pipe market share, by product, 2024 & 2030 (%, US$M)
Duplex stainless steel pipe market: Opportunity assessment by country
Global duplex stainless steel pipe market, by region, 2024 (US$M)
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