Duplex Stainless Steel
Duplex steel has a dual structure of austenite and ferrite, with a chromium content of 18-20% and nickel content of 3-10%. It has high strength and resistance to pitting, corrosion and fatigues, making it ideal for oil refining, chemical fertilizer, paper making and other high temperature applications. The duplex stainless market grew from $3.51 billion in 2023 to $5 billion in 2025.