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Duplex Stainless Steel Market - Top Companies and Manufacturers

  • Report ID: 4928
  • Published Date: Oct 09, 2024
  • Report Format: PDF, PPT

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 Market Insights with Data Illustration:

In the News

  • June 30, 2021: Sandvik AB has successfully 3D printed components made of super-duplex stainless steel, going where no other manufacturer has gone before. The innovation gives offshore industrial segments new and interesting options.
  • January 26, 2023: Acerinox plans to invest USD 244 million in its US-based stainless steel facility. With this growth, North American Stainless (NAS), the primary all-inclusive stainless steel manufacturer in the US, will see products with higher added values solidify their place in the market. With a special focus on growing those with more added value, including BA (Bright Annealing) and steels with unique compositions, the new equipment envisaged with this USD 244 million investment will be used to increase the volume of flat goods.

Author Credits:  Rajrani Baghel


  • Report ID: 4928
  • Published Date: Oct 09, 2024
  • Report Format: PDF, PPT

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.
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