Covid-19 Impact on Duplex Stainless Steel Market to Showcase Vigorous Demand During the Period 2023-28 The duplex stainless steel market was estimated at USD 2.96 billion in 2022 and is likely to witness an impressive CAGR of 5.09% during 2023-2028 to reach USD 4 billion in 2028. The increasing demand for duplex stainless steel from various end-use industries and its extensive use in oil & gas exploration activities is driving the market globally. What is duplex stainless steel? Duplex stainless steel is a part of the steel family itself. It is named duplex because its structure is made up of two phases and these are ferrite and austenite. Duplex stainless steel is available in different product forms such as tubes, pumps & valves, fittings & flanges, welding wires, rebar & mash, and others. Oil and Gas, Desalination, Pulp & Paper, Chemical, and Construction are some of the industries where duplex stainless steel is used. Read More: https://www.stratviewresearch.com/734/duplex-stainless-steel-market.html