May 26, 2017   SOURCE: BusinessWire

Duplex Stainless Steel Market by Grade, Product Form, End-Use Industry & Region - Global Forecast to 2021 - Research and Markets

Research and Markets has announced the addition of the "Duplex Stainless Steel Market by Grade (Duplex, Lean Duplex, Super Duplex), Product Form (Tubes, Pumps & Valves, Fittings & Flanges, Welding Wires), End-Use Industry (Oil & Gas, Desalination, Chemical, Pulp & Paper), Region - Global Forecast to 2021" report to their offering.

The duplex stainless steel market was valued at USD 2.70 billion in 2016 and is projected to reach USD 3.40 billion by 2021, at a CAGR of 4.7% between 2016 and 2021.

Factors such as cost efficiency, higher corrosion resistance properties, and growing demand from the oil & gas industry are driving the duplex stainless steel market. Rising demand for duplex stainless steel from Europe and Asia-Pacific regions is also expected to drive the market growth. The major restraint for the duplex stainless steel market is the rising cost of raw materials used to manufacture duplex stainless steel.

Market Dynamics

Drivers

  • Growth of End-Use Industries in Emerging Countries

Restraints

  • Rising Cost of Raw Materials Used to Manufacture Duplex Stainless Steel

Opportunities

  • Increase in Offshore Spending and Potential of New Oilfield Discovery

Challenges

  • Small Scale of Production Compared to Overall Stainless Steel

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Premium Insights

4. Executive Summary

5. Market Overview

6. Duplex Stainless Steel Market, By Grade

7. Duplex Stainless Steel Market, By Product Form

8. Duplex Stainless Steel Market, By End-Use Industry

9. Regional Analysis

10. Competitive Landscape

11. Company Profiles

  • AK Steel Holding Corporation
  • Acerinox S.A.
  • Allegheny Technologies Incorporated
  • Ambica Steels
  • Arcelormittal S.A.
  • Carpenter Technology Corporation
  • Cogne Acciai Speciali Spa
  • Daido Steel Co. Ltd.
  • Erasteel
  • Foroni S.P.A.
  • H. Butting GmbH & Co. Kg
  • Jindal Steel & Power Ltd
  • Nippon Steel & Sumikin Stainless Steel Corporation
  • Nippon Yakin Kogyo Co. Ltd.
  • Other Key Players in the Value Chain
  • Outokumpu OYJ
  • Posco Group
  • Rolled Alloys Inc.
  • Sandmeyer Steel Company
  • Sandvik Materials Technology AB
  • Sanyo Special Steel Co. Ltd.
  • Taiyuan Iron and Steel (Group) Co., Ltd. (Tisco)
  • Tata Steel
  • Thyssenkrupp AG
  • Valbruna Stainless Inc.
  • Voestalpine AG

For more information about this report visit http://www.researchandmarkets.com/research/nk7rtc/duplex_stainless