Oil Tempered Spring Steel Wire Market Size & Competitors

The global market for Oil Tempered Spring Steel Wire was estimated at US$1.6 Billion in 2024 and is projected to reach US$1.9 Billion by 2030, growing at a CAGR of 3.2% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Oil Tempered Spring Steel Wire market.

Oil Tempered Spring Steel Wire - Key Trends and Drivers

Oil tempered spring steel wire is a high-quality steel product known for its superior strength, durability, and resistance to deformation under stress. This type of wire is produced through a meticulous process involving the heating of high-carbon steel to a specific temperature, followed by quenching in oil and then tempering. The oil quenching process rapidly cools the wire, which helps in achieving a fine-grained microstructure, enhancing its strength and hardness. The subsequent tempering process involves reheating the wire to a lower temperature to reduce brittleness and improve toughness. This heat treatment process significantly enhances the wire's mechanical properties, making it ideal for applications requiring high fatigue resistance and load-bearing capacity. Common applications of oil tempered spring steel wire include suspension springs, valve springs, clutch springs, and various types of industrial machinery springs. The wire is also used in the production of automotive components, heavy machinery, and agricultural equipment, where reliable performance under repeated stress is crucial. In addition to these applications, oil tempered spring steel wire is utilized in the manufacturing of garage door springs, trampoline springs, and other high-tension springs used in consumer products.

The market for oil tempered spring steel wire has been significantly influenced by advancements in manufacturing technologies and the evolving demands of end-use industries. Innovations in alloy composition and heat treatment processes have led to the development of wires with enhanced performance characteristics, such as improved tensile strength, elasticity, and corrosion resistance. These advancements have expanded the range of applications for oil tempered spring steel wire, making it a preferred choice in sectors like automotive, aerospace, construction, and energy. In the automotive industry, the trend towards lighter and more fuel-efficient vehicles has increased the demand for high-strength, lightweight materials, including advanced spring steel wire for suspension and engine components. In the aerospace sector, the need for materials that can withstand extreme conditions and high stress has driven the adoption of oil tempered spring steel wire for various critical components. The growing trend towards miniaturization in electronics and precision engineering has increased the demand for high-performance spring steel wire, which can deliver reliable performance in compact and high-stress environments. This is particularly important in applications such as medical devices, precision instruments, and electronic components, where high reliability and performance are essential.

The growth in the oil tempered spring steel wire market is driven by several factors. Advances in manufacturing technology are enabling the production of high-performance wires that meet the stringent requirements of modern applications. The increasing demand from the automotive industry, driven by the need for durable and high-strength components, is a significant driver of market growth. As automotive manufacturers strive to improve vehicle performance and efficiency, the demand for high-quality spring steel wire for suspension systems, engine components, and other critical parts continues to rise. Additionally, the expansion of industrial and construction activities in emerging economies is boosting the demand for reliable spring steel wire products. Rapid urbanization and infrastructure development in regions such as Asia-Pacific and Latin America are driving the need for durable materials in construction equipment and industrial machinery. The growing focus on renewable energy projects, such as wind and solar power, is also creating new opportunities for the application of oil tempered spring steel wire in energy infrastructure. Furthermore, the continuous improvements in product quality and performance, driven by ongoing research and development efforts, are enhancing the market's attractiveness to end-users across various industries. These R&D efforts are focused on developing new alloy compositions, optimizing heat treatment processes, and improving the overall manufacturing efficiency of spring steel wire. These factors collectively ensure the robust growth and sustained relevance of the oil tempered spring steel wire market in the global economy, meeting the evolving needs of industries and contributing to advancements in technology and infrastructure.

Scope of Study:

The report analyzes the Oil Tempered Spring Steel Wire market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments: Type (Medium Fatigue Wire, High Fatigue Wire, Other Types)
Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Key Insights:

Market Growth: Understand the significant growth trajectory of the Medium Fatigue Wire segment, which is expected to reach US$759.0 Million by 2030 with a CAGR of a 3.9%. The High Fatigue Wire segment is also set to grow at 2.9% CAGR over the analysis period.
Regional Analysis: Gain insights into the U.S. market, estimated at $417.6 Million in 2024, and China, forecasted to grow at an impressive 5.5% CAGR to reach $375.0 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

Detailed Market Analysis: Access a thorough analysis of the Global Oil Tempered Spring Steel Wire Market, covering all major geographic regions and market segments.
Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Oil Tempered Spring Steel Wire Market.
Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

How is the Global Oil Tempered Spring Steel Wire Market expected to evolve by 2030?
What are the main drivers and restraints affecting the market?
Which market segments will grow the most over the forecast period?
How will market shares for different regions and segments change by 2030?
Who are the leading players in the market, and what are their prospects?

Report Features:

Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
Company Profiles: Coverage of players such as Baosteel Group Corporation, Joh. Pengg AG, Kobe Steel Ltd., Neturen Co., Ltd., NV Bekaert SA and more.
Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 22 companies featured in this Oil Tempered Spring Steel Wire market report include:

Baosteel Group Corporation
Joh. Pengg AG
Kobe Steel Ltd.
Neturen Co., Ltd.
NV Bekaert SA
POSCO
Shinko Wire Co., Ltd.
Shougang Corporation
Sinosteel Zhengzhou Research Institute of Steel Wire Products Co., Ltd.
Sugita Wire Ltd.
Sumitomo Electric Industries Ltd.
Suncall Corporation
Suzuki Garphyttan AB
Zhujihaina Special Steel Co.Ltd

This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:

Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.

I. METHODOLOGYII. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Influencer Market Insights
Global Economic Update
Oil Tempered Spring Steel Wire - Global Key Competitors Percentage Market Share in 2025 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Advances in Heat Treatment Technologies Propel Growth in Oil Tempered Spring Steel Wire Market
Increasing Demand from the Automotive Industry Expands Addressable Market Opportunity
Innovations in Alloy Composition Drive Adoption of High-Performance Spring Steel Wire
Rising Construction and Industrial Activities in Emerging Economies Spur Market Growth
Shift towards Lightweight and Fuel-Efficient Vehicles Strengthens Business Case for High-Strength Steel Wire
Enhanced Corrosion Resistance and Durability Drive Demand in Harsh Environmental Conditions
Adoption of Advanced Manufacturing Processes Accelerates Production Efficiency
Increasing Focus on Miniaturization in Electronics and Precision Engineering Propels Market Adoption
Growth in Heavy Machinery and Agricultural Equipment Sectors Expands Market Scope
Increasing Use in Consumer Products such as Garage Door and Trampoline Springs Spurs Market Growth
Development of New Applications and Formulations Ensures Continuous Market Evolution
Focus on Reducing Material Wastage and Improving Sustainability Strengthens Market Position

4. GLOBAL MARKET PERSPECTIVE

TABLE 1: World Oil Tempered Spring Steel Wire Market Analysis of Annual Sales in US$ Thousand for Years 2015 through 2030
TABLE 2: World Recent Past, Current & Future Analysis for Oil Tempered Spring Steel Wire by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
TABLE 3: World Historic Review for Oil Tempered Spring Steel Wire by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
TABLE 4: World 15-Year Perspective for Oil Tempered Spring Steel Wire by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2015, 2025 & 2030
TABLE 5: World Recent Past, Current & Future Analysis for Medium Fatigue Wire by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
TABLE 6: World Historic Review for Medium Fatigue Wire by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
TABLE 7: World 15-Year Perspective for Medium Fatigue Wire by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
TABLE 8: World Recent Past, Current & Future Analysis for High Fatigue Wire by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
TABLE 9: World Historic Review for High Fatigue Wire by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
TABLE 10: World 15-Year Perspective for High Fatigue Wire by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
TABLE 11: World Recent Past, Current & Future Analysis for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
TABLE 12: World Historic Review for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
TABLE 13: World 15-Year Perspective for Other Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030

III. MARKET ANALYSIS

UNITED STATES
Oil Tempered Spring Steel Wire Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2025 (E)
TABLE 14: USA Recent Past, Current & Future Analysis for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
TABLE 15: USA Historic Review for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
TABLE 16: USA 15-Year Perspective for Oil Tempered Spring Steel Wire by Type - Percentage Breakdown of Value Sales for Medium Fatigue Wire, High Fatigue Wire and Other Types for the Years 2015, 2025 & 2030
CANADA
TABLE 17: Canada Recent Past, Current & Future Analysis for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
TABLE 18: Canada Historic Review for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
TABLE 19: Canada 15-Year Perspective for Oil Tempered Spring Steel Wire by Type - Percentage Breakdown of Value Sales for Medium Fatigue Wire, High Fatigue Wire and Other Types for the Years 2015, 2025 & 2030
JAPAN
Oil Tempered Spring Steel Wire Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2025 (E)
TABLE 20: Japan Recent Past, Current & Future Analysis for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
TABLE 21: Japan Historic Review for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
TABLE 22: Japan 15-Year Perspective for Oil Tempered Spring Steel Wire by Type - Percentage Breakdown of Value Sales for Medium Fatigue Wire, High Fatigue Wire and Other Types for the Years 2015, 2025 & 2030
CHINA
Oil Tempered Spring Steel Wire Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2025 (E)
TABLE 23: China Recent Past, Current & Future Analysis for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
TABLE 24: China Historic Review for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
TABLE 25: China 15-Year Perspective for Oil Tempered Spring Steel Wire by Type - Percentage Breakdown of Value Sales for Medium Fatigue Wire, High Fatigue Wire and Other Types for the Years 2015, 2025 & 2030
EUROPE
Oil Tempered Spring Steel Wire Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2025 (E)
TABLE 26: Europe Recent Past, Current & Future Analysis for Oil Tempered Spring Steel Wire by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
TABLE 27: Europe Historic Review for Oil Tempered Spring Steel Wire by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
TABLE 28: Europe 15-Year Perspective for Oil Tempered Spring Steel Wire by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2015, 2025 & 2030
TABLE 29: Europe Recent Past, Current & Future Analysis for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
TABLE 30: Europe Historic Review for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
TABLE 31: Europe 15-Year Perspective for Oil Tempered Spring Steel Wire by Type - Percentage Breakdown of Value Sales for Medium Fatigue Wire, High Fatigue Wire and Other Types for the Years 2015, 2025 & 2030
FRANCE
Oil Tempered Spring Steel Wire Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2025 (E)
TABLE 32: France Recent Past, Current & Future Analysis for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
TABLE 33: France Historic Review for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
TABLE 34: France 15-Year Perspective for Oil Tempered Spring Steel Wire by Type - Percentage Breakdown of Value Sales for Medium Fatigue Wire, High Fatigue Wire and Other Types for the Years 2015, 2025 & 2030
GERMANY
Oil Tempered Spring Steel Wire Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2025 (E)
TABLE 35: Germany Recent Past, Current & Future Analysis for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
TABLE 36: Germany Historic Review for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
TABLE 37: Germany 15-Year Perspective for Oil Tempered Spring Steel Wire by Type - Percentage Breakdown of Value Sales for Medium Fatigue Wire, High Fatigue Wire and Other Types for the Years 2015, 2025 & 2030
ITALY
TABLE 38: Italy Recent Past, Current & Future Analysis for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
TABLE 39: Italy Historic Review for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
TABLE 40: Italy 15-Year Perspective for Oil Tempered Spring Steel Wire by Type - Percentage Breakdown of Value Sales for Medium Fatigue Wire, High Fatigue Wire and Other Types for the Years 2015, 2025 & 2030
UNITED KINGDOM
Oil Tempered Spring Steel Wire Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2025 (E)
TABLE 41: UK Recent Past, Current & Future Analysis for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
TABLE 42: UK Historic Review for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
TABLE 43: UK 15-Year Perspective for Oil Tempered Spring Steel Wire by Type - Percentage Breakdown of Value Sales for Medium Fatigue Wire, High Fatigue Wire and Other Types for the Years 2015, 2025 & 2030
SPAIN
TABLE 44: Spain Recent Past, Current & Future Analysis for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
TABLE 45: Spain Historic Review for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
TABLE 46: Spain 15-Year Perspective for Oil Tempered Spring Steel Wire by Type - Percentage Breakdown of Value Sales for Medium Fatigue Wire, High Fatigue Wire and Other Types for the Years 2015, 2025 & 2030
RUSSIA
TABLE 47: Russia Recent Past, Current & Future Analysis for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
TABLE 48: Russia Historic Review for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
TABLE 49: Russia 15-Year Perspective for Oil Tempered Spring Steel Wire by Type - Percentage Breakdown of Value Sales for Medium Fatigue Wire, High Fatigue Wire and Other Types for the Years 2015, 2025 & 2030
REST OF EUROPE
TABLE 50: Rest of Europe Recent Past, Current & Future Analysis for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
TABLE 51: Rest of Europe Historic Review for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
TABLE 52: Rest of Europe 15-Year Perspective for Oil Tempered Spring Steel Wire by Type - Percentage Breakdown of Value Sales for Medium Fatigue Wire, High Fatigue Wire and Other Types for the Years 2015, 2025 & 2030
ASIA-PACIFIC
Oil Tempered Spring Steel Wire Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2025 (E)
TABLE 53: Asia-Pacific Recent Past, Current & Future Analysis for Oil Tempered Spring Steel Wire by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
TABLE 54: Asia-Pacific Historic Review for Oil Tempered Spring Steel Wire by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
TABLE 55: Asia-Pacific 15-Year Perspective for Oil Tempered Spring Steel Wire by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2015, 2025 & 2030
TABLE 56: Asia-Pacific Recent Past, Current & Future Analysis for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
TABLE 57: Asia-Pacific Historic Review for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
TABLE 58: Asia-Pacific 15-Year Perspective for Oil Tempered Spring Steel Wire by Type - Percentage Breakdown of Value Sales for Medium Fatigue Wire, High Fatigue Wire and Other Types for the Years 2015, 2025 & 2030
AUSTRALIA
Oil Tempered Spring Steel Wire Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2025 (E)
TABLE 59: Australia Recent Past, Current & Future Analysis for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
TABLE 60: Australia Historic Review for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
TABLE 61: Australia 15-Year Perspective for Oil Tempered Spring Steel Wire by Type - Percentage Breakdown of Value Sales for Medium Fatigue Wire, High Fatigue Wire and Other Types for the Years 2015, 2025 & 2030
INDIA
Oil Tempered Spring Steel Wire Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2025 (E)
TABLE 62: India Recent Past, Current & Future Analysis for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
TABLE 63: India Historic Review for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
TABLE 64: India 15-Year Perspective for Oil Tempered Spring Steel Wire by Type - Percentage Breakdown of Value Sales for Medium Fatigue Wire, High Fatigue Wire and Other Types for the Years 2015, 2025 & 2030
SOUTH KOREA
TABLE 65: South Korea Recent Past, Current & Future Analysis for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
TABLE 66: South Korea Historic Review for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
TABLE 67: South Korea 15-Year Perspective for Oil Tempered Spring Steel Wire by Type - Percentage Breakdown of Value Sales for Medium Fatigue Wire, High Fatigue Wire and Other Types for the Years 2015, 2025 & 2030
REST OF ASIA-PACIFIC
TABLE 68: Rest of Asia-Pacific Recent Past, Current & Future Analysis for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
TABLE 69: Rest of Asia-Pacific Historic Review for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
TABLE 70: Rest of Asia-Pacific 15-Year Perspective for Oil Tempered Spring Steel Wire by Type - Percentage Breakdown of Value Sales for Medium Fatigue Wire, High Fatigue Wire and Other Types for the Years 2015, 2025 & 2030
LATIN AMERICA
Oil Tempered Spring Steel Wire Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2025 (E)
TABLE 71: Latin America Recent Past, Current & Future Analysis for Oil Tempered Spring Steel Wire by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
TABLE 72: Latin America Historic Review for Oil Tempered Spring Steel Wire by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
TABLE 73: Latin America 15-Year Perspective for Oil Tempered Spring Steel Wire by Geographic Region - Percentage Breakdown of Value Sales for Argentina, Brazil, Mexico and Rest of Latin America Markets for Years 2015, 2025 & 2030
TABLE 74: Latin America Recent Past, Current & Future Analysis for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
TABLE 75: Latin America Historic Review for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
TABLE 76: Latin America 15-Year Perspective for Oil Tempered Spring Steel Wire by Type - Percentage Breakdown of Value Sales for Medium Fatigue Wire, High Fatigue Wire and Other Types for the Years 2015, 2025 & 2030
ARGENTINA
TABLE 77: Argentina Recent Past, Current & Future Analysis for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
TABLE 78: Argentina Historic Review for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
TABLE 79: Argentina 15-Year Perspective for Oil Tempered Spring Steel Wire by Type - Percentage Breakdown of Value Sales for Medium Fatigue Wire, High Fatigue Wire and Other Types for the Years 2015, 2025 & 2030
BRAZIL
TABLE 80: Brazil Recent Past, Current & Future Analysis for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
TABLE 81: Brazil Historic Review for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
TABLE 82: Brazil 15-Year Perspective for Oil Tempered Spring Steel Wire by Type - Percentage Breakdown of Value Sales for Medium Fatigue Wire, High Fatigue Wire and Other Types for the Years 2015, 2025 & 2030
MEXICO
TABLE 83: Mexico Recent Past, Current & Future Analysis for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
TABLE 84: Mexico Historic Review for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
TABLE 85: Mexico 15-Year Perspective for Oil Tempered Spring Steel Wire by Type - Percentage Breakdown of Value Sales for Medium Fatigue Wire, High Fatigue Wire and Other Types for the Years 2015, 2025 & 2030
REST OF LATIN AMERICA
TABLE 86: Rest of Latin America Recent Past, Current & Future Analysis for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
TABLE 87: Rest of Latin America Historic Review for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
TABLE 88: Rest of Latin America 15-Year Perspective for Oil Tempered Spring Steel Wire by Type - Percentage Breakdown of Value Sales for Medium Fatigue Wire, High Fatigue Wire and Other Types for the Years 2015, 2025 & 2030
MIDDLE EAST
Oil Tempered Spring Steel Wire Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2025 (E)
TABLE 89: Middle East Recent Past, Current & Future Analysis for Oil Tempered Spring Steel Wire by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
TABLE 90: Middle East Historic Review for Oil Tempered Spring Steel Wire by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
TABLE 91: Middle East 15-Year Perspective for Oil Tempered Spring Steel Wire by Geographic Region - Percentage Breakdown of Value Sales for Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets for Years 2015, 2025 & 2030
TABLE 92: Middle East Recent Past, Current & Future Analysis for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
TABLE 93: Middle East Historic Review for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
TABLE 94: Middle East 15-Year Perspective for Oil Tempered Spring Steel Wire by Type - Percentage Breakdown of Value Sales for Medium Fatigue Wire, High Fatigue Wire and Other Types for the Years 2015, 2025 & 2030
IRAN
TABLE 95: Iran Recent Past, Current & Future Analysis for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
TABLE 96: Iran Historic Review for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
TABLE 97: Iran 15-Year Perspective for Oil Tempered Spring Steel Wire by Type - Percentage Breakdown of Value Sales for Medium Fatigue Wire, High Fatigue Wire and Other Types for the Years 2015, 2025 & 2030
ISRAEL
TABLE 98: Israel Recent Past, Current & Future Analysis for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
TABLE 99: Israel Historic Review for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
TABLE 100: Israel 15-Year Perspective for Oil Tempered Spring Steel Wire by Type - Percentage Breakdown of Value Sales for Medium Fatigue Wire, High Fatigue Wire and Other Types for the Years 2015, 2025 & 2030
SAUDI ARABIA
TABLE 101: Saudi Arabia Recent Past, Current & Future Analysis for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
TABLE 102: Saudi Arabia Historic Review for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
TABLE 103: Saudi Arabia 15-Year Perspective for Oil Tempered Spring Steel Wire by Type - Percentage Breakdown of Value Sales for Medium Fatigue Wire, High Fatigue Wire and Other Types for the Years 2015, 2025 & 2030
UNITED ARAB EMIRATES
TABLE 104: UAE Recent Past, Current & Future Analysis for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
TABLE 105: UAE Historic Review for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
TABLE 106: UAE 15-Year Perspective for Oil Tempered Spring Steel Wire by Type - Percentage Breakdown of Value Sales for Medium Fatigue Wire, High Fatigue Wire and Other Types for the Years 2015, 2025 & 2030
REST OF MIDDLE EAST
TABLE 107: Rest of Middle East Recent Past, Current & Future Analysis for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
TABLE 108: Rest of Middle East Historic Review for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
TABLE 109: Rest of Middle East 15-Year Perspective for Oil Tempered Spring Steel Wire by Type - Percentage Breakdown of Value Sales for Medium Fatigue Wire, High Fatigue Wire and Other Types for the Years 2015, 2025 & 2030
AFRICA
Oil Tempered Spring Steel Wire Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2025 (E)
TABLE 110: Africa Recent Past, Current & Future Analysis for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
TABLE 111: Africa Historic Review for Oil Tempered Spring Steel Wire by Type - Medium Fatigue Wire, High Fatigue Wire and Other Types Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
TABLE 112: Africa 15-Year Perspective for Oil Tempered Spring Steel Wire by Type - Percentage Breakdown of Value Sales for Medium Fatigue Wire, High Fatigue Wire and Other Types for the Years 2015, 2025 & 2030
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

Baosteel Group Corporation
Joh. Pengg AG
Kobe Steel Ltd.
Neturen Co., Ltd.
NV Bekaert SA
POSCO
Shinko Wire Co., Ltd.
Shougang Corporation
Sinosteel Zhengzhou Research Institute of Steel Wire Products Co., Ltd.
Sugita Wire Ltd.
Sumitomo Electric Industries Ltd.
Suncall Corporation
Suzuki Garphyttan AB
Zhujihaina Special Steel Co.Ltd

Table Information

Report Attribute	Details
No. of Pages	109
Published	June 2025
Forecast Period	2024 - 2030
Estimated Market Value ( USD ) in 2024	$ 1.6 Billion
Forecasted Market Value ( USD ) by 2030	$ 1.9 Billion
Compound Annual Growth Rate	3.2%
Regions Covered	Global

License	Format	Properties	Price
SINGLE USER LICENSE PDF	The product is a PDF.	This is a single user license, allowing one user access to the product.	€5254EUR$5,850USD£4,481GBP
1 - 10 USER LICENSE PDF	The product is a PDF.	This is a 1-10 user license, allowing up to ten users have access to the product.	€9982EUR$11,115USD£8,514GBP
ENTERPRISE LICENSE PDF	The product is a PDF.	This is an enterprise license, allowing all employees within your organization access to the product.	€15761EUR$17,550USD£13,443GBP

Oil Tempered Spring Steel Wire - Global Strategic Business Report

Oil Tempered Spring Steel Wire - Key Trends and Drivers

Scope of Study:

Key Insights:

Why You Should Buy This Report:

Key Questions Answered:

Report Features:

Some of the 22 companies featured in this Oil Tempered Spring Steel Wire market report include:

This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:

Table of Contents

Companies Mentioned (Partial List)

Table Information

Oil Tempered Spring Steel Wire - Key Trends and Drivers

Scope of Study:

Key Insights:

Why You Should Buy This Report:

Key Questions Answered:

Report Features:

Some of the 22 companies featured in this Oil Tempered Spring Steel Wire market report include:

This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:

Table of Contents

Companies Mentioned (Partial List)

Table Information

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