Duplex Stainless Steel Welded Pipe Market Size, Share, Industry, and Outlook (2024-2031)

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.
The global market for duplex stainless steel welded pipe is being rapidly transformed as a result of its exceptional durability, high-weight ratio and corrosion resistance. The properties are anticipated to be used in chemical processing, desalination and oil and gas facilities. According to the World Steel Association, the production of global stainless steel is increasing annually and duplex grades are gaining traction.