Global Austenitic-Ferritic Duplex Stainless Steel Market Growth 2025-2031

The global Austenitic-Ferritic Duplex Stainless Steel market size is predicted to grow from US$ 534 million in 2025 to US$ 634 million in 2031; it is expected to grow at a CAGR of 2.9% from 2025 to 2031.

Austenitic-Ferritic Duplex Stainless Steel have a ferritic-austenitic microstructure, with a phase balance of approximately 50% ferrite and 50% austenite. They combine many of the beneficial properties of ferritic and austenitic stainless steels. The duplex microstructure contributes to the high mechanical strength and high resistance to stress corrosion cracking.

The high strength of duplex steel grades is also a result of alloying with nitrogen. Other characteristic properties of duplex steel grades include good abrasion and erosion resistance, good fatigue resistance, high-energy absorption and low thermal expansion.

United States market for Austenitic-Ferritic Duplex Stainless Steel is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Austenitic-Ferritic Duplex Stainless Steel is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Austenitic-Ferritic Duplex Stainless Steel is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Austenitic-Ferritic Duplex Stainless Steel players cover Outokumpu, Sandvik, Butting, ArcelorMittal, ThyssenKrupp, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Austenitic-Ferritic Duplex Stainless Steel Industry Forecast” looks at past sales and reviews total world Austenitic-Ferritic Duplex Stainless Steel sales in 2024, providing a comprehensive analysis by region and market sector of projected Austenitic-Ferritic Duplex Stainless Steel sales for 2025 through 2031. With Austenitic-Ferritic Duplex Stainless Steel sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Austenitic-Ferritic Duplex Stainless Steel industry.

This Insight Report provides a comprehensive analysis of the global Austenitic-Ferritic Duplex Stainless Steel landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Austenitic-Ferritic Duplex Stainless Steel portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Austenitic-Ferritic Duplex Stainless Steel market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Austenitic-Ferritic Duplex Stainless Steel and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Austenitic-Ferritic Duplex Stainless Steel.

This report presents a comprehensive overview, market shares, and growth opportunities of Austenitic-Ferritic Duplex Stainless Steel market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Lean Duplex Stainless Steel
Standard Duplex Stainless Steel
Super Duplex Stainless Steel
Hyper Duplex Stainless Steel

Segmentation by Application:
Oil and Gas
Construction Industry
Transportation
Food and Beverage Industry
Chemical Industry
Pulp and Paper Industry
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Outokumpu
Sandvik
Butting
ArcelorMittal
ThyssenKrupp
NSSMC
POSCO
Tata Steel
JFE
Sosta
PSP
Tenaris
Tubacex
Metline Industries
Baosteel
TISCO

Key Questions Addressed in this Report

What is the 10-year outlook for the global Austenitic-Ferritic Duplex Stainless Steel market?

What factors are driving Austenitic-Ferritic Duplex Stainless Steel market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Austenitic-Ferritic Duplex Stainless Steel market opportunities vary by end market size?

How does Austenitic-Ferritic Duplex Stainless Steel break out by Type, by Application?

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