Companies Dominating the Duplex Stainless Steel Landscape
- NIPPON STEEL Stainless Steel Corporation
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Industeel
- Jindal Stainless
- Daido Steel Co., Ltd.
- Thyssenkrupp AG
- Shandong Linxu Materials Co., Ltd.
- Sandvik AB
- Acerinox
- POSCO
- Penn Stainless
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of duplex stainless steel is evaluated at USD 3.86 billion.
The duplex stainless steel market size was over USD 3.76 billion in 2024 and is projected to reach USD 5.81 billion by the end of 2037, growing at around 3.4% CAGR during the forecast period i.e., between 2025-2037. The market growth is propelled by surge in construction activities, rise in utilization of duplex stainless steel in paper & pulp industry, and growth in maritime activity.
Asia Pacific industry is anticipated to dominate majority revenue share 54% by 2037, backed by rising production of chemicals which is further increasing demand for tanks in this region.
The major players in the market are NIPPON STEEL Stainless Steel Corporation, Industeel , Jindal Stainless , Daido Steel Co., Ltd., and others.
