The global duplex stainless steel market has been estimated to be valued at USD 2.3 billion in 2024, and it is expected to reach a value of USD 2.8 billion by 2029, registering a CAGR of 4.5% during the forecast period (2024-2029).
The global duplex stainless steel market is fragmented, with many players competing against one another. Some of the major companies are Thyssenkrupp AG, Voestalpine AG, ArcelorMittal SA, POSCO, and Daido Steel Co. Ltd.
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