Global Oil Tempered Spring Wire Market Growth 2025-2031

Global Oil Tempered Spring Wire Market Growth 2025-2031

The global Oil Tempered Spring Wire market size is predicted to grow from US$ 1202 million in 2025 to US$ 1516 million in 2031; it is expected to grow at a CAGR of 3.9% from 2025 to 2031.

Oil Tempered Spring 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.

There are mainly two-type product of Oil Tempered Spring Wire market: Rough Spring Wire and Mid-fine Spring Wire. In 2020, Rough Spring Wire accounted for a major share of 84% the global Oil Tempered Spring Wire.

The China held the largest share in the global market, its revenue of global market exceeds 29% in 2019.

The leading manufactures mainly are Kiswire, Nippon Steel SG Wire, KOBELCO, Neturen, POSCO, Bekaert, Joh. Pengg AG, Baowu, Sumitomo (SEI), Sugita Wire, Haina Special Steel, Zhengzhou Sinosteel, Suncall, Hunan Shuangwei, etc. Kiswire is the largest manufacturer; its revenue of global market exceeds 10% in 2019.

LP Information, Inc. (LPI) ' newest research report, the “Oil Tempered Spring Wire Industry Forecast” looks at past sales and reviews total world Oil Tempered Spring Wire sales in 2024, providing a comprehensive analysis by region and market sector of projected Oil Tempered Spring Wire sales for 2025 through 2031. With Oil Tempered Spring Wire sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Oil Tempered Spring Wire industry.

This Insight Report provides a comprehensive analysis of the global Oil Tempered Spring Wire 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 Oil Tempered Spring Wire portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Oil Tempered Spring Wire market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Oil Tempered Spring Wire 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 Oil Tempered Spring Wire.

This report presents a comprehensive overview, market shares, and growth opportunities of Oil Tempered Spring Wire market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Rough Spring Wire
Mid-fine Spring Wire

Segmentation by Application:
Suspension Spring
Valve Spring
Other

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 company's coverage, product portfolio, its market penetration.
Kiswire
Nippon Steel SG Wire
KOBELCO
Neturen
POSCO
Bekaert
Joh. Pengg AG
Baowu
Sumitomo (SEI)
Sugita Wire
Haina Special Steel
Zhengzhou Sinosteel
Suncall
Hunan Shuangwei

Key Questions Addressed in this Report

What is the 10-year outlook for the global Oil Tempered Spring Wire market?

What factors are driving Oil Tempered Spring Wire market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Oil Tempered Spring Wire market opportunities vary by end market size?

How does Oil Tempered Spring Wire break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.