Duplex Stainless Steel Market Size By Grade (Duplex, Lean Duplex, Super Duplex), By Product Form
Duplex Stainless Steel Market Size By Grade (Duplex, Lean Duplex, Super Duplex), By Product Form
Duplex Stainless steel is a type of stainless steel that comprises austenite and ferrite in roughly equal proportions in its metallurgical structure.

Duplex Stainless steel is a type of stainless steel that comprises austenite and ferrite in roughly equal proportions in its metallurgical structure. They have a ferritic-austenitic microstructure. Duplex stainless steel has applications in diverse industries – the chemical industry, petrochemical industry, oil, and gas industry, pharmaceutical industry, geothermal industry, and water desalination. Duplex stainless steel is a utility metal that is an alloy of Fe-Ni-Cr – Iron, Nickel, and Cobalt. They are a mixture of austenite and ferrite and are magnetic by property.

This type of steel is usually waterproof and resists corrosion and tarnishing.  Duplex stainless steels are popularly used in pulp and paper manufacturing. Their physical properties include good weldability, high mechanical strength, and corrosion resistance. They are used in the chemical process industry, oil & gas exploration equipment, and transportation equipment, and are widely used in the mining and nuclear plants also.

Duplex stainless offers resistance to corrosion and excessive mechanical quality. It assures more uptime than carbon steel and regular steel and is twice as solid as the ferric treated steel. It is a cost-effective option than the other traditional austenitic grades of stainless steel.

Get | Download Sample Report @

7 best duplex stainless steel companies having two-phase microstructure

According to the findings added in Global Duplex Stainless Steel Companies’ Market Report, the market was standing at USD 2.47 Billion in 2020 and is projected to reach USD 4.14 Billion by 2028, growing at a CAGR of 4.2% from 2021 to 2028.

Tata Steel

Tata Steel is an Indian Steel company that was incorporated by Jamshedji Tata in 1907. Tata Group is the parent organization of the firm. It is a leading steel manufacturing company in India. It is a publicly held mining company that is engaged in steelmaking, engineering, mining, steel products, steel solutions, steel research, and engineering. It has ranked amongst the top 5 steel companies in the DJSI Corporate Sustainability Assessment since 2016. It has been recognized as the World Economic Forum’s Global Lighthouse and is the world’s most geographically-diversified steel producer.


POSCO is a South Korean steel manufacturing company that was incorporated in 1968 by Park Tae Joon. It was formerly known as Pohang Iron and Steel Company. The firm is the 6th largest steel producer in the world and an industry leader in developing advanced customer solutions. They develop and trade steel rolled products and plates globally. The firm also develops steelworks based on crude steel production.


ArcelorMittal is a steel production company that was founded in 2006 by Lakshmi Mittal.  ArcelorMittal Brazil S.A., and Dofasco, are well-known subsidiaries of the firm. They are global raw material providers for the automotive, construction, household appliances, and packaging industries. They provide supply flat steel produced in a sustainable, safe, and market-oriented way.

Daido Steel

Daido Steel is a steel manufacturing company that was founded in 1950. Daido Electronics Co., Ltd., and Daido Kogyo Co., Ltd are the subsidiaries of the firm. They produce steel, parts for automobile and industrial equipment, electronic magnetic materials, new materials, trading, and services. The firm operates from Nagoya, Aichi, and Japan. They also produce manganese railway rails, components for automobiles, industrial machines, electric machines and furnaces, advanced cast steel products, etc.

Ask For Report Details @


Outokumpu is a stainless-steel producing company based in America. It was founded in 1914 and operates from Helsinki, Finland.  Outokumpu Nirosta, and Outokumpu Stainless Oy, are well-known subsidiaries of the firm. They are a global stainless steel manufacturing company. Their products range from Hot and cold rolled coil, strips, sheets, and precision strips to quarto plate, bar, and wire rods. They develop and trade various grades of steel, including alloyed austenitic and duplex stainless steel.


Acerinox is a duplex stainless steel manufacturing company. It is a conglomerate group based in Spain that was founded in 1970. VDM Metals, and Acerinox Europa, S.a.u are the subsidiaries of the corporation.  Bernardo Velazquez Herreros is executing as the CEO of the firm since 2010. It is centrally operated from Madrid, Spain. It also produces nickel alloys and is spread across five continents.

AK Steel

AK Steel was established in 1899 and is headquartered in Ohio, United States. K Steel International Limited, AK Tube LLC, and others are its subsidiaries and Cleveland-Cliffs is its parent company. The company is a leading provider of duplex stainless steel and produces it with the latest innovations and techniques.

For More Information @


About us –

Verified Market Research is a leading Global Research and Consulting firm that has been providing advanced analytical research solutions, custom consulting and in-depth data analysis for 10+ years to individuals and companies alike that are looking for accurate, reliable and up to date research data and technical consulting. VMR offers insights into strategic and growth analyses, Data necessary to achieve corporate goals and help make critical revenue decisions.

Our research studies help our clients make superior data-driven decisions, understand market forecasts, capitalize on future opportunities and optimize efficiency by working as their partner to deliver accurate and valuable information. The industries we cover span over a large spectrum including Technology, Chemicals, Manufacturing, Energy, Food and Beverages, Automotive, Robotics, Packaging, Construction, Mining & Gas. Etc.

We, at Verified Market Research assist in understanding holistic market indicating factors and most current and future market trends. Our analysts, with their high expertise in data gathering and governance, utilize industry techniques to collate and examine data at all stages. They are trained to combine modern data collection techniques, superior research methodology, subject expertise and years of collective experience to produce informative and accurate research.

Having serviced over 5000+ clients, we have provided reliable market research services to more than 100 Global Fortune 500 companies such as Amazon, Dell, IBM, Shell, Exxon Mobil, General Electric, Siemens, Microsoft, Sony and Hitachi. We have co-consulted with some of the world’s leading consulting firms like McKinsey & Company, Boston Consulting Group, Bain and Company for custom research and consulting projects for businesses worldwide.

Contact us:

Mr. Edwyne Fernandes

Verified Market Research

US: +1 (650)-781-4080

UK: +44 (753)-715-0008

APAC: +61 (488)-85-9400

US Toll-Free: +1 (800)-782-1768



Try Our New Dashboard :-