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

Publisher GlobalInfoResearch
Published Jun 26, 2025
Length 159 Pages
SKU # GFSH20139360

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.

Table of Contents

159 Pages
1 Market Overview
2 Manufacturers Profiles
3 Competitive Environment: Oil Tempered Spring Steel Wire by Manufacturer
4 Consumption Analysis by Region
5 Market Segment by Type
6 Market Segment by Application
7 North America
8 Europe
9 Asia-Pacific
10 South America
11 Middle East & Africa
12 Market Dynamics
13 Raw Material and Industry Chain
14 Shipments by Distribution Channel
15 Research Findings and Conclusion
16 Appendix
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