The global Dual-phase Steel market size is predicted to grow from US$ 1973 million in 2025 to US$ 2736 million in 2031; it is expected to grow at a CAGR of 5.6% from 2025 to 2031.

The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.

Dual-phase steel is a high-strength low-alloy steel (HSLA) whose microstructure consists of two phases: ferrite and martensite. Ferrite provides good ductility, while martensite imparts high strength, making it a combination of high strength and good formability. Dual-phase steel is commonly used in industries such as automotive, construction, marine and aviation, and is widely used due to its low yield strength, high work hardening ability and excellent energy absorption properties.

The market for duplex steel is in a steady growth phase, mainly driven by the lightweight trend in the automotive industry. As a high-strength, formable material, it is increasingly used in body structures and chassis components. At the same time, the construction industrys demand for high-strength structural materials has increased, making duplex steel an ideal choice for projects such as bridges and building frames. In addition, with the advancement of manufacturing technology, the performance and processing capabilities of duplex steel have continued to improve, further broadening the market application.

However, the market still faces challenges, including high production costs, which limit its competitiveness in some market segments, and the strengthening of environmental regulations has prompted steel manufacturers to take emission reduction measures. At the same time, the expansion of the application of alternative materials (such as aluminum alloys and composites) in the automotive industry has created competitive pressure on the duplex steel market. Despite this, there are still many opportunities in the market, such as the development of the electric vehicle (EV) industry, which has driven the demand for lightweight and high-strength materials, the sustainable development trend has brought more attention to the recyclability of duplex steel, and the growth of demand in emerging markets in the Asia-Pacific region has also provided opportunities for the industry to expand in the long term. These factors together shape the growth path of the future duplex steel market and provide steel manufacturers with strategic optimization directions.

Infinity Market Research newest research report, the Dual-phase Steel Industry Forecast looks at past sales and reviews total world Dual-phase Steel sales in 2024, providing a comprehensive analysis by region and market sector of projected Dual-phase Steel sales for 2025 through 2031. With Dual-phase Steel sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Dual-phase Steel industry.

This Insight Report provides a comprehensive analysis of the global Dual-phase 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 Dual-phase Steel portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global Dual-phase Steel market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Dual-phase 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 Dual-phase Steel.

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

Segmentation by Type:

    Low Alloy Duplex Steel
    Medium Alloy Duplex Steel
    High Alloy Duplex Steel

Segmentation by Application:

    Automotive Industry
    Construction Industry
    Aerospace
    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 companys coverage, product portfolio, its market penetration.

    ArcelorMittal
    Thyssenkrupp
    Swedish Steel?SSAB?
    Nippon Steel & Sumitomo Metal
    POSCO
    Kobe Steel
    Baowu
    Taigang Stainless Steel
    Shougang Group
    Angang Steel
    JFE Steel
    Voestalpine
    Hyundai Steel

Key Questions Addressed in this Report

What is the 10-year outlook for the global Dual-phase Steel market?
What factors are driving Dual-phase Steel market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Dual-phase Steel market opportunities vary by end market size?
How does Dual-phase Steel break out by Type, by Application?