Oil Tempered Spring Steel Wire Market Report – Research, Industry Analysis Reports and Market Demands

Global Oil Tempered Spring Steel Wire Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

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Table of Content

1 Market Overview

1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
- 1.3.1 Overview: Global Oil Tempered Spring Steel Wire Consumption Value by Type: 2020 Versus 2024 Versus 2031
- 1.3.2 High Fatigue Wire
- 1.3.3 Medium Fatigue Wire
- 1.3.4 Other Wire
1.4 Market Analysis by Application
- 1.4.1 Overview: Global Oil Tempered Spring Steel Wire Consumption Value by Application: 2020 Versus 2024 Versus 2031
- 1.4.2 Valve Spring
- 1.4.3 Suspension Spring
- 1.4.4 Other Spring
1.5 Global Oil Tempered Spring Steel Wire Market Size & Forecast
- 1.5.1 Global Oil Tempered Spring Steel Wire Consumption Value (2020 & 2024 & 2031)
- 1.5.2 Global Oil Tempered Spring Steel Wire Sales Quantity (2020-2031)
- 1.5.3 Global Oil Tempered Spring Steel Wire Average Price (2020-2031)

2 Manufacturers Profiles

3 Competitive Environment: Oil Tempered Spring Steel Wire by Manufacturer

3.1 Global Oil Tempered Spring Steel Wire Sales Quantity by Manufacturer (2020-2025)
3.2 Global Oil Tempered Spring Steel Wire Revenue by Manufacturer (2020-2025)
3.3 Global Oil Tempered Spring Steel Wire Average Price by Manufacturer (2020-2025)
3.4 Market Share Analysis (2024)
- 3.4.1 Producer Shipments of Oil Tempered Spring Steel Wire by Manufacturer Revenue ($MM) and Market Share (%): 2024
- 3.4.2 Top 3 Oil Tempered Spring Steel Wire Manufacturer Market Share in 2024
- 3.4.3 Top 6 Oil Tempered Spring Steel Wire Manufacturer Market Share in 2024
3.5 Oil Tempered Spring Steel Wire Market: Overall Company Footprint Analysis
- 3.5.1 Oil Tempered Spring Steel Wire Market: Region Footprint
- 3.5.2 Oil Tempered Spring Steel Wire Market: Company Product Type Footprint
- 3.5.3 Oil Tempered Spring Steel Wire Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

4.1 Global Oil Tempered Spring Steel Wire Market Size by Region
- 4.1.1 Global Oil Tempered Spring Steel Wire Sales Quantity by Region (2020-2031)
- 4.1.2 Global Oil Tempered Spring Steel Wire Consumption Value by Region (2020-2031)
- 4.1.3 Global Oil Tempered Spring Steel Wire Average Price by Region (2020-2031)
4.2 North America Oil Tempered Spring Steel Wire Consumption Value (2020-2031)
4.3 Europe Oil Tempered Spring Steel Wire Consumption Value (2020-2031)
4.4 Asia-Pacific Oil Tempered Spring Steel Wire Consumption Value (2020-2031)
4.5 South America Oil Tempered Spring Steel Wire Consumption Value (2020-2031)
4.6 Middle East & Africa Oil Tempered Spring Steel Wire Consumption Value (2020-2031)

5 Market Segment by Type

5.1 Global Oil Tempered Spring Steel Wire Sales Quantity by Type (2020-2031)
5.2 Global Oil Tempered Spring Steel Wire Consumption Value by Type (2020-2031)
5.3 Global Oil Tempered Spring Steel Wire Average Price by Type (2020-2031)

6 Market Segment by Application

6.1 Global Oil Tempered Spring Steel Wire Sales Quantity by Application (2020-2031)
6.2 Global Oil Tempered Spring Steel Wire Consumption Value by Application (2020-2031)
6.3 Global Oil Tempered Spring Steel Wire Average Price by Application (2020-2031)

7 North America

7.1 North America Oil Tempered Spring Steel Wire Sales Quantity by Type (2020-2031)
7.2 North America Oil Tempered Spring Steel Wire Sales Quantity by Application (2020-2031)
7.3 North America Oil Tempered Spring Steel Wire Market Size by Country
- 7.3.1 North America Oil Tempered Spring Steel Wire Sales Quantity by Country (2020-2031)
- 7.3.2 North America Oil Tempered Spring Steel Wire Consumption Value by Country (2020-2031)
- 7.3.3 United States Market Size and Forecast (2020-2031)
- 7.3.4 Canada Market Size and Forecast (2020-2031)
- 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

8.1 Europe Oil Tempered Spring Steel Wire Sales Quantity by Type (2020-2031)
8.2 Europe Oil Tempered Spring Steel Wire Sales Quantity by Application (2020-2031)
8.3 Europe Oil Tempered Spring Steel Wire Market Size by Country
- 8.3.1 Europe Oil Tempered Spring Steel Wire Sales Quantity by Country (2020-2031)
- 8.3.2 Europe Oil Tempered Spring Steel Wire Consumption Value by Country (2020-2031)
- 8.3.3 Germany Market Size and Forecast (2020-2031)
- 8.3.4 France Market Size and Forecast (2020-2031)
- 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
- 8.3.6 Russia Market Size and Forecast (2020-2031)
- 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

9.1 Asia-Pacific Oil Tempered Spring Steel Wire Sales Quantity by Type (2020-2031)
9.2 Asia-Pacific Oil Tempered Spring Steel Wire Sales Quantity by Application (2020-2031)
9.3 Asia-Pacific Oil Tempered Spring Steel Wire Market Size by Region
- 9.3.1 Asia-Pacific Oil Tempered Spring Steel Wire Sales Quantity by Region (2020-2031)
- 9.3.2 Asia-Pacific Oil Tempered Spring Steel Wire Consumption Value by Region (2020-2031)
- 9.3.3 China Market Size and Forecast (2020-2031)
- 9.3.4 Japan Market Size and Forecast (2020-2031)
- 9.3.5 South Korea Market Size and Forecast (2020-2031)
- 9.3.6 India Market Size and Forecast (2020-2031)
- 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
- 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

10.1 South America Oil Tempered Spring Steel Wire Sales Quantity by Type (2020-2031)
10.2 South America Oil Tempered Spring Steel Wire Sales Quantity by Application (2020-2031)
10.3 South America Oil Tempered Spring Steel Wire Market Size by Country
- 10.3.1 South America Oil Tempered Spring Steel Wire Sales Quantity by Country (2020-2031)
- 10.3.2 South America Oil Tempered Spring Steel Wire Consumption Value by Country (2020-2031)
- 10.3.3 Brazil Market Size and Forecast (2020-2031)
- 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

11.1 Middle East & Africa Oil Tempered Spring Steel Wire Sales Quantity by Type (2020-2031)
11.2 Middle East & Africa Oil Tempered Spring Steel Wire Sales Quantity by Application (2020-2031)
11.3 Middle East & Africa Oil Tempered Spring Steel Wire Market Size by Country
- 11.3.1 Middle East & Africa Oil Tempered Spring Steel Wire Sales Quantity by Country (2020-2031)
- 11.3.2 Middle East & Africa Oil Tempered Spring Steel Wire Consumption Value by Country (2020-2031)
- 11.3.3 Turkey Market Size and Forecast (2020-2031)
- 11.3.4 Egypt Market Size and Forecast (2020-2031)
- 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
- 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

12.1 Oil Tempered Spring Steel Wire Market Drivers
12.2 Oil Tempered Spring Steel Wire Market Restraints
12.3 Oil Tempered Spring Steel Wire Trends Analysis
12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

13.1 Raw Material of Oil Tempered Spring Steel Wire and Key Manufacturers
13.2 Manufacturing Costs Percentage of Oil Tempered Spring Steel Wire
13.3 Oil Tempered Spring Steel Wire Production Process
13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
14.2 Oil Tempered Spring Steel Wire Typical Distributors
14.3 Oil Tempered Spring Steel Wire Typical Customers

15 Research Findings and Conclusion

16 Appendix

16.1 Methodology
16.2 Research Process and Data Source

Description

According to our (Global Info Research) latest study, the global Oil Tempered Spring Steel Wire market size was valued at US$ 1673 million in 2024 and is forecast to a readjusted size of USD 2112 million by 2031 with a CAGR of 3.4% during review period.
Oil Tempered Spring Steel Wire is a cold drawn, heat treated wire. The process of tempering increases the strength and hardness of the wire without making the wire more brittle. Tempering makes oil tempered wire perfect for springs and wire forms.

This oil tempered wire have excellent properties as spring material, and is used as various springs for the automobile such as the valve springs of the engine, the clutch springs, the transmission springs, and the suspension springs.
The main market for oil tempered spring steel wire is China, accounting for about 45%, followed by Japan, more than 20%.
Major manufacturers include Suzuki Garphyttan, Kiswire, Kobelco, Posco, Neturen, Baosteel, etc. The top 5 companies account for about 40% of the market share.
This report is a detailed and comprehensive analysis for global Oil Tempered Spring Steel Wire market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Oil Tempered Spring Steel Wire market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Oil Tempered Spring Steel Wire market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Oil Tempered Spring Steel Wire market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Oil Tempered Spring Steel Wire market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Oil Tempered Spring Steel Wire
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Oil Tempered Spring Steel Wire market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Suzuki Garphyttan, Kiswire, KOBELCO, POSCO, NETUREN, BAOSTEEL, Shanghai NETUREN, Zhengzhou Sinosteel, Bekaert, Haina Special Steel, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Oil Tempered Spring Steel Wire market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
High Fatigue Wire
Medium Fatigue Wire
Other Wire
Market segment by Application
Valve Spring
Suspension Spring
Other Spring
Major players covered
Suzuki Garphyttan
Kiswire
KOBELCO
POSCO
NETUREN
BAOSTEEL
Shanghai NETUREN
Zhengzhou Sinosteel
Bekaert
Haina Special Steel
Sugita
Sumitomo (SEI)
Jiangsu Shenwang
Jiangsu Jinji
American Spring Wire
Tianjin Kay Jill
Suncall
Hunan Shuangwei
Tianjin Dihua
PENGG AUSTRIA
Nanjing Soochow
Shinko Wire
Shougang Special Steel
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Oil Tempered Spring Steel Wire product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Oil Tempered Spring Steel Wire, with price, sales quantity, revenue, and global market share of Oil Tempered Spring Steel Wire from 2020 to 2025.
Chapter 3, the Oil Tempered Spring Steel Wire competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Oil Tempered Spring Steel Wire breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Oil Tempered Spring Steel Wire market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Oil Tempered Spring Steel Wire.
Chapter 14 and 15, to describe Oil Tempered Spring Steel Wire sales channel, distributors, customers, research findings and conclusion.

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