Duplex stainless steel pipe market will grow by USD 78.07 million | Leading major players-ArcelorMittal SA, Carpenter Technology Corp., H. Butting GmbH & Co. KG, etc. | Technology

2021-12-02 01:52:39 By : Mr. A lbert

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New York, November 22, 2021/PRNewswire/--According to a Technvaio research report, the duplex stainless steel pipe market will grow by US$78.07 million from 2020 to 2025, with a compound annual growth rate of 3.29%. The report provides the latest analysis on current market conditions, the latest trends and driving factors, and the overall market environment.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ArcelorMittal SA, Carpenter Technology Corp., H. Butting GmbH & Co. KG, JFE Holdings Inc., Metline Industries, Outokumpu Oyj, POSCO Group, Sandvik AB, thyssenkrupp AG and TUBACEX SA are some of the major market players. Rising industrialization in the Asia-Pacific region will provide tremendous growth opportunities.

To help players strengthen their market foothold, this duplex stainless steel pipe market forecast report provides a detailed analysis of major market suppliers. The report also provides industry leaders with information about the competitive landscape and insights into the different products offered by different companies. 

Duplex Stainless Steel Pipe Market 2021-2025: Segmentation

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Duplex Stainless Steel Pipe Market: Geographical Pattern

The Asia-Pacific region will achieve the highest growth rate of 46% among other regions. Therefore, the duplex stainless steel pipe market in the Asia-Pacific region is expected to bring significant business opportunities to suppliers during the forecast period. Factors such as massive investment in the construction industry, especially developing countries such as China and India, are accelerating the growth of the duplex stainless steel pipe market in the Asia-Pacific region. The market share of duplex stainless steel pipes in the Asia-Pacific region will grow faster than the growth of other regional markets.

Duplex Stainless Steel Pipe Market 2021-2025: Scope

Technavio presents a detailed picture of the market by studying, synthesizing and summarizing data from multiple sources. The duplex stainless steel pipe market report covers the following areas:

This study identified the increasing application of duplex stainless steel products in the oil and gas industry as one of the main trends in the market.

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Duplex stainless steel pipe market 2021-2025: main highlights

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Market Scope of Duplex Stainless Steel Pipe

Accelerate with a compound annual growth rate of 3.29%

Asia Pacific, Europe, North America, MEA and South America

China, U.S., Japan, U.K., and India

Leading company, competitive strategy, scope of consumer participation

ArcelorMittal SA, Carpenter Technology Corp., H. Butting GmbH & Co. KG, JFE Holdings Inc., Metline Industries, Outokumpu Oyj, POSCO Group, Sandvik AB, thyssenkrupp AG, and TUBACEX SA

Mother market analysis, market growth incentives and obstacles, fast-growing and slow-growing market segments, COVID-19 impact and future consumer dynamics, market conditions during the forecast period

If our report does not contain the data you are looking for, you can contact our analysts and customize the market segment.

About Us Technavio is the world's leading technology research and consulting company. Their research and analysis focus on emerging market trends and provide actionable insights to help companies identify market opportunities and formulate effective strategies to optimize their market position. Technavio's report library has more than 500 professional analysts, including more than 17,000 reports, and it is constantly increasing, covering 800 technologies across 50 countries/regions. Their customer base includes companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio's comprehensive coverage, extensive research, and actionable market insight to identify opportunities in existing and potential markets, and evaluate their competitive position in changing market scenarios.

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