Global Automotive Oil Tempered Spring Steel Wires Market Growth 2019-2024

SKU ID : LPI-13877979 | Publishing Date : 21-Feb-2019 | No. of pages : 176

Automotive 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.
Now, Asia-Pacific is becoming the motivation of the world economy, so more attention will be paid to this area. Also, the automotive industry is developing with the growth rate of round 5%, we have the confidence that Automotive Oil Tempered Spring Steel Wire industry will constantly be a good choice for investors.

According to this study, over the next five years the Automotive Oil Tempered Spring Steel Wires market will register a 4.0% CAGR in terms of revenue, the global market size will reach US$ 1670 million by 2024, from US$ 1320 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automotive Oil Tempered Spring Steel Wires business, shared in Chapter 3.

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

This study considers the Automotive Oil Tempered Spring Steel Wires value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
High Fatigue Wire
Medium Fatigue Wire
Other Wire
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Valve Spring
Suspension Spring
Other Spring

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Automotive Oil Tempered Spring Steel Wires consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Automotive Oil Tempered Spring Steel Wires market by identifying its various subsegments.
Focuses on the key global Automotive Oil Tempered Spring Steel Wires manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automotive Oil Tempered Spring Steel Wires with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Automotive Oil Tempered Spring Steel Wires submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Frequently 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.
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