The global oil tempered spring wire market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market can be attributed to the increasing demand for oil tempered spring wire in various applications such as valve springs and suspension springs, owing to its high fatigue resistance and low cost.
High fatigue wire segment is expected to dominate the global oil tempered spring wire market during the forecast period, due to its high demand in automotive industry for valve springs and suspension springs owing to their high fatigue resistance and low cost.
Some Of The Growth Factors Of This Market:
- The growth of the global oil tempered spring wire market is driven by factors such as increasing demand for high-quality products and rising demand for energy efficient products in developing economies such as China and India.
- Increasing demand for high-quality products in developed economies such as North America and Europe is also driving the growth of the global oil tempered spring wire market.
- Rising demand for energy efficient products in developing economies such as China and India is also driving the growth of the global oil tempered spring wire market due to their growing need to reduce carbon emissions from manufacturing industries, which will lead to increased use of energy efficient materials like steel alloys that are used in making springs with higher strength than conventional steel alloys, thereby reducing carbon emissions from manufacturing industries by using less material per unit weight or volume produced while maintaining product quality standards set by manufacturers or customers alike.
Industry Growth Insights published a new data on “Oil Tempered Spring Wire Market”. The research report is titled “Oil Tempered Spring Wire Market research by Types (High Fatigue Wire, Medium Fatigue Wire, Other Wire), By Applications (Valve Spring, Suspension Spring, Other Spring), By Players/Companies 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”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Oil Tempered Spring Wire Market Research Report
By Type
High Fatigue Wire, Medium Fatigue Wire, Other Wire
By Application
Valve Spring, Suspension Spring, Other Spring
By Companies
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
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Oil Tempered Spring Wire Market Report Segments:
The global Oil Tempered Spring Wire market is segmented on the basis of:
Types
High Fatigue Wire, Medium Fatigue Wire, Other Wire
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Valve Spring, Suspension Spring, Other Spring
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 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
Highlights of The Oil Tempered Spring Wire Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- High Fatigue Wire
- Medium Fatigue Wire
- Other Wire
- By Application:
- Valve Spring
- Suspension Spring
- Other Spring
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Oil Tempered Spring Wire Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Oil tempered spring wire is a type of wire that has been treated with oil to make it more resistant to corrosion.
Some of the key players operating in the oil tempered spring wire market are 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.
The oil tempered spring wire market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Oil Tempered Spring Wire Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Oil Tempered Spring Wire Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Oil Tempered Spring Wire Market - Supply Chain
4.5. Global Oil Tempered Spring Wire Market Forecast
4.5.1. Oil Tempered Spring Wire Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Oil Tempered Spring Wire Market Size (000 Units) and Y-o-Y Growth
4.5.3. Oil Tempered Spring Wire Market Absolute $ Opportunity
5. Global Oil Tempered Spring Wire Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Oil Tempered Spring Wire Market Size and Volume Forecast by Type
5.3.1. High Fatigue Wire
5.3.2. Medium Fatigue Wire
5.3.3. Other Wire
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Oil Tempered Spring Wire Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Oil Tempered Spring Wire Market Size and Volume Forecast by Application
6.3.1. Valve Spring
6.3.2. Suspension Spring
6.3.3. Other Spring
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Oil Tempered Spring Wire Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Oil Tempered Spring Wire Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Oil Tempered Spring Wire Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Oil Tempered Spring Wire Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Oil Tempered Spring Wire Demand Share Forecast, 2019-2026
9. North America Oil Tempered Spring Wire Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Oil Tempered Spring Wire Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Oil Tempered Spring Wire Market Size and Volume Forecast by Application
9.4.1. Valve Spring
9.4.2. Suspension Spring
9.4.3. Other Spring
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Oil Tempered Spring Wire Market Size and Volume Forecast by Type
9.7.1. High Fatigue Wire
9.7.2. Medium Fatigue Wire
9.7.3. Other Wire
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Oil Tempered Spring Wire Demand Share Forecast, 2019-2026
10. Latin America Oil Tempered Spring Wire Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Oil Tempered Spring Wire Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Oil Tempered Spring Wire Market Size and Volume Forecast by Application
10.4.1. Valve Spring
10.4.2. Suspension Spring
10.4.3. Other Spring
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Oil Tempered Spring Wire Market Size and Volume Forecast by Type
10.7.1. High Fatigue Wire
10.7.2. Medium Fatigue Wire
10.7.3. Other Wire
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Oil Tempered Spring Wire Demand Share Forecast, 2019-2026
11. Europe Oil Tempered Spring Wire Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Oil Tempered Spring Wire Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Oil Tempered Spring Wire Market Size and Volume Forecast by Application
11.4.1. Valve Spring
11.4.2. Suspension Spring
11.4.3. Other Spring
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Oil Tempered Spring Wire Market Size and Volume Forecast by Type
11.7.1. High Fatigue Wire
11.7.2. Medium Fatigue Wire
11.7.3. Other Wire
11.8. Basis Point Share (BPS) Analysis by ype
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Oil Tempered Spring Wire Demand Share, 2019-2026
12. Asia Pacific Oil Tempered Spring Wire Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Oil Tempered Spring Wire Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Oil Tempered Spring Wire Market Size and Volume Forecast by Application
12.4.1. Valve Spring
12.4.2. Suspension Spring
12.4.3. Other Spring
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Oil Tempered Spring Wire Market Size and Volume Forecast by Type
12.7.1. High Fatigue Wire
12.7.2. Medium Fatigue Wire
12.7.3. Other Wire
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Oil Tempered Spring Wire Demand Share, 2019-2026
13. Middle East & Africa Oil Tempered Spring Wire Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Oil Tempered Spring Wire Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Oil Tempered Spring Wire Market Size and Volume Forecast by Application
13.4.1. Valve Spring
13.4.2. Suspension Spring
13.4.3. Other Spring
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Oil Tempered Spring Wire Market Size and Volume Forecast by Type
13.7.1. High Fatigue Wire
13.7.2. Medium Fatigue Wire
13.7.3. Other Wire
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Oil Tempered Spring Wire Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Oil Tempered Spring Wire Market: Market Share Analysis
14.2. Oil Tempered Spring Wire Distributors and Customers
14.3. Oil Tempered Spring Wire Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Suzuki Garphyttan
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Kiswire
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. KOBELCO
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. POSCO
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. NETUREN
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. BAOSTEEL
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Shanghai NETUREN
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Zhengzhou Sinosteel
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Bekaert
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Haina Special Steel
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Sugita
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Sumitomo (SEI)
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Jiangsu Shenwang
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Jiangsu Jinji
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. American Spring Wire
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Tianjin Kay Jill
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Suncall
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Hunan Shuangwei
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Tianjin Dihua
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. PENGG AUSTRIA
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
