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The global Oil Tempered Spring Wire market size was valued at USD 1184.38 Million in 2022 and will reach USD 1593.43 Million in 2028, with a CAGR of 5.07% during 2022-2028.
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.
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.Oil tempered spring steel wire was originally developed in Sweden, and then Japan became the major country in producing it. For now, Japan and some Europe countries are still the leader of the industry.In recent years, China's oil tempered spring steel wire manufacturing enterprises have developed rapidly, for the demand is growing. There are many domestic companies entering into Wind Turbine Tower manufacturing industry.
The Oil Tempered Spring Wire market report covers sufficient and comprehensive data on market introduction, segmentations, status and trends, opportunities and challenges, industry chain, competitive analysis, company profiles, and trade statistics, etc. It provides in-depth and all-scale analysis of each segment of types, applications, players, 5 major regions and sub-division of major countries, and sometimes end user, channel, technology, as well as other information individually tailored before order confirmation.
Meticulous research and analysis were conducted during the preparation process of the report. The qualitative and quantitative data were gained and verified through primary and secondary sources, which include but not limited to Magazines, Press Releases, Paid Databases, Maia Data Center, National Customs, Annual Reports, Public Databases, Expert interviews, etc. Besides, primary sources include extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs, and marketing executives, downstream distributors, as well as end-clients.
In this report, the historical period starts from 2018 to 2022, and the forecast period ranges from 2023 to 2028. The facts and data are demonstrated by tables, graphs, pie charts, and other pictorial representations, which enhances the effective visual representation and decision-making capabilities for business strategy.
Key Companies in the global Oil Tempered Spring Wire market covered in Chapter 4:
POSCO
Sumitomo (SEI)
Bekaert
Suncall
NETUREN
American Spring Wire
Suzuki Garphyttan
Hunan Shuangwei
Kiswire
PENGG AUSTRIA
Tianjin Dihua
Jiangsu Jinji
KOBELCO
Nanjing Soochow
BAOSTEEL
Haina Special Steel
Tianjin Kay Jill
Shinko Wire
Sugita
Shougang Special Steel
Jiangsu Shenwang
Zhengzhou Sinosteel
Shanghai NETUREN
In Chapter 12 and Chapter 14.1, on the basis of types, the Oil Tempered Spring Wire market from 2018 to 2028 is primarily split into:
High Fatigue Wire
Medium Fatigue Wire
Other Wire
In Chapter 13 and Chapter 14.2, on the basis of the Downstream Industry, the Oil Tempered Spring Wire market from 2018 to 2028 covers:
Valve Spring
Suspension Spring
Other Spring
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, history and forecast (2018-2028) of the following regions are covered in Chapters 6, 7, 8, 9, 10, 11, 15:
North America (United States, Canada, Mexico)
Europe (Germany, United Kingdom, France, Italy, Spain)
Asia Pacific (China, Japan, South Korea, India, Southeast Asia)
South America (Brazil, Argentina)
Middle East & Africa (Saudi Arabia, UAE, South Africa)
Outline:
Chapter 1 begins with the Oil Tempered Spring Wire market scope and definition, product segment introduction, global overall market size, as well as market dynamics scenarios such as opportunities, challenges, and industry development trends under inflation. It offers a high-level view of the current state of the Oil Tempered Spring Wire market and its likely evolution in the short to mid-term and long term.
Chapter 2 provides Oil Tempered Spring Wire industry chain analysis, covering raw materials analysis, cost structure, price estimate, and forecast, along with price-impacting factors, downstream channels, and major customers. It aims to help readers to grab insights into product upstream, midstream, and downstream fields.
Chapter 3 depicts Oil Tempered Spring Wire industry competitive analysis regarding market concentration rate, saturation rate, feasibility analysis from new entrants, as well as substitute's status and trends. It indicates the developing space and prospects of the current industry.
Chapter 4 analyzes extensive company profiles, comprising company basic info, product or service profiles, and sales, price, value, gross, and gross margin 2018-2023. It incorporates the Oil Tempered Spring Wire market ranking, benchmarks, and company business portfolio.
Chapter 5 presents trade statistics of import and export volume from 2018-2023, demonstrating domestic and international market comparisons in specific countries.
Chapters 6-10 highlight Oil Tempered Spring Wire market status at the regional and country levels, including 5 major regions of North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. The region and country list in the sample is only for reference, and it can be adjusted as required.
Chapter 11 involves geographical market figures of sales, value, market share, and growth rate. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of each specific region.
Chapters 12-13 evaluate the Oil Tempered Spring Wire market based on different types and applications. It focuses on sales and value of 2018-2023 from both vertical and horizontal perspectives.
Chapters 14-15 elaborate on the Oil Tempered Spring Wire market forecast data from 2023-2028, segmented by types and applications, regions, and major countries, helping readers to know future aspects and growth trends.
Chapter 16 ends with an elaboration of data sources and research methodology. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
2022
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.
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.Oil tempered spring steel wire was originally developed in Sweden, and then Japan became the major country in producing it. For now, Japan and some Europe countries are still the leader of the industry.In recent years, China's oil tempered spring steel wire manufacturing enterprises have developed rapidly, for the demand is growing. There are many domestic companies entering into Wind Turbine Tower manufacturing industry.
The Oil Tempered Spring Wire market report covers sufficient and comprehensive data on market introduction, segmentations, status and trends, opportunities and challenges, industry chain, competitive analysis, company profiles, and trade statistics, etc. It provides in-depth and all-scale analysis of each segment of types, applications, players, 5 major regions and sub-division of major countries, and sometimes end user, channel, technology, as well as other information individually tailored before order confirmation.
Meticulous research and analysis were conducted during the preparation process of the report. The qualitative and quantitative data were gained and verified through primary and secondary sources, which include but not limited to Magazines, Press Releases, Paid Databases, Maia Data Center, National Customs, Annual Reports, Public Databases, Expert interviews, etc. Besides, primary sources include extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs, and marketing executives, downstream distributors, as well as end-clients.
In this report, the historical period starts from 2018 to 2022, and the forecast period ranges from 2023 to 2028. The facts and data are demonstrated by tables, graphs, pie charts, and other pictorial representations, which enhances the effective visual representation and decision-making capabilities for business strategy.
Key Companies in the global Oil Tempered Spring Wire market covered in Chapter 4:
POSCO
Sumitomo (SEI)
Bekaert
Suncall
NETUREN
American Spring Wire
Suzuki Garphyttan
Hunan Shuangwei
Kiswire
PENGG AUSTRIA
Tianjin Dihua
Jiangsu Jinji
KOBELCO
Nanjing Soochow
BAOSTEEL
Haina Special Steel
Tianjin Kay Jill
Shinko Wire
Sugita
Shougang Special Steel
Jiangsu Shenwang
Zhengzhou Sinosteel
Shanghai NETUREN
In Chapter 12 and Chapter 14.1, on the basis of types, the Oil Tempered Spring Wire market from 2018 to 2028 is primarily split into:
High Fatigue Wire
Medium Fatigue Wire
Other Wire
In Chapter 13 and Chapter 14.2, on the basis of the Downstream Industry, the Oil Tempered Spring Wire market from 2018 to 2028 covers:
Valve Spring
Suspension Spring
Other Spring
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, history and forecast (2018-2028) of the following regions are covered in Chapters 6, 7, 8, 9, 10, 11, 15:
North America (United States, Canada, Mexico)
Europe (Germany, United Kingdom, France, Italy, Spain)
Asia Pacific (China, Japan, South Korea, India, Southeast Asia)
South America (Brazil, Argentina)
Middle East & Africa (Saudi Arabia, UAE, South Africa)
Outline:
Chapter 1 begins with the Oil Tempered Spring Wire market scope and definition, product segment introduction, global overall market size, as well as market dynamics scenarios such as opportunities, challenges, and industry development trends under inflation. It offers a high-level view of the current state of the Oil Tempered Spring Wire market and its likely evolution in the short to mid-term and long term.
Chapter 2 provides Oil Tempered Spring Wire industry chain analysis, covering raw materials analysis, cost structure, price estimate, and forecast, along with price-impacting factors, downstream channels, and major customers. It aims to help readers to grab insights into product upstream, midstream, and downstream fields.
Chapter 3 depicts Oil Tempered Spring Wire industry competitive analysis regarding market concentration rate, saturation rate, feasibility analysis from new entrants, as well as substitute's status and trends. It indicates the developing space and prospects of the current industry.
Chapter 4 analyzes extensive company profiles, comprising company basic info, product or service profiles, and sales, price, value, gross, and gross margin 2018-2023. It incorporates the Oil Tempered Spring Wire market ranking, benchmarks, and company business portfolio.
Chapter 5 presents trade statistics of import and export volume from 2018-2023, demonstrating domestic and international market comparisons in specific countries.
Chapters 6-10 highlight Oil Tempered Spring Wire market status at the regional and country levels, including 5 major regions of North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. The region and country list in the sample is only for reference, and it can be adjusted as required.
Chapter 11 involves geographical market figures of sales, value, market share, and growth rate. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of each specific region.
Chapters 12-13 evaluate the Oil Tempered Spring Wire market based on different types and applications. It focuses on sales and value of 2018-2023 from both vertical and horizontal perspectives.
Chapters 14-15 elaborate on the Oil Tempered Spring Wire market forecast data from 2023-2028, segmented by types and applications, regions, and major countries, helping readers to know future aspects and growth trends.
Chapter 16 ends with an elaboration of data sources and research methodology. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
