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The Chain, Spring and Wire Product Manufacturing industry is falling into decline. Revenue is expected to dip at a compound annual rate of 1.9% to £1.1 billion over the five years through 2025-26. The growing competitiveness of manufacturers from other countries, like China, is eating into domestic manufacturers' orders, particularly for more standardised products, like nails and tacks. The industry is also having to contend with sluggish performance in its main downstream market, the construction sector, which has had constrained activity because of economic headwinds like high inflation and high interest rates weighing on investor confidence. Sales to another key market, the automotive manufacturing industry, have been hit by a sharp slump in activity, as automotive manufacturers retool their facilities to accommodate the transition to electric vehicles. With vehicle production in the first six months of 2025 slumping to the lowest level since 1953, according to the SMMT, demand for springs and wires has been greatly reduced. This sharp slump in automotive manufacturing activity is expected to lead to industry revenue contracting further by 5.1% in 2025-26. Profit is also expected to dip as a share of revenue in 2025-26.
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IBISWorld's research coverage on the Chain, Spring & Wire Product Manufacturing industry in the United Kingdom includes market sizing, forecasting, data and analysis from 2016-2031. The most recent publication was released January 2026.
The Chain, Spring & Wire Product Manufacturing industry in the United Kingdom operates under the SIC industry code C25.930. Companies in this industry manufacture chain, spring and wire products, including various types of wire fencing and netting. This industry manufactures hot-formed and cold-formed spring products, predominantly made from iron, steel and copper. These springs can be torsion springs, compression springs, or tension springs. Related terms covered in the Chain, Spring & Wire Product Manufacturing industry in the United Kingdom include torsion spring, wire drawing and petrochemical.
Products and services covered in Chain, Spring & Wire Product Manufacturing industry in the United Kingdom include Welded and woven wire grill, netting and fencing, Stranded wire, rope and cable and Other wire.
Companies covered in the Chain, Spring & Wire Product Manufacturing industry in the United Kingdom include BRC Ltd, Bridon International Ltd and Lesjofors AB.
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Chain, Spring & Wire Product Manufacturing industry in the United Kingdom.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
The Products and Markets chapter covers detailed product and service segmentation, analysis of major markets and international trade data for the for the Chain, Spring & Wire Product Manufacturing industry in the United Kingdom.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Chain, Spring & Wire Product Manufacturing industry in the United Kingdom.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Chain, Spring & Wire Product Manufacturing industry in the United Kingdom. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
The Companies chapter covers Key Takeaways, Market Share and Companies in the Chain, Spring & Wire Product Manufacturing industry in the United Kingdom. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Chain, Spring & Wire Product Manufacturing industry in the United Kingdom. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Chain, Spring & Wire Product Manufacturing industry in the United Kingdom. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Chain, Spring & Wire Product Manufacturing industry in the United Kingdom.
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The market size of the Chain, Spring & Wire Product Manufacturing industry in the United Kingdom is £1.1bn in 2026.
There are 333 businesses in the Chain, Spring & Wire Product Manufacturing industry in the United Kingdom, which has declined at a CAGR of 2.4 % between 2021 and 2026.
The Chain, Spring & Wire Product Manufacturing industry in the United Kingdom is likely to be significantly impacted by import tariffs with imports accounting for a high share of industry revenue.
The Chain, Spring & Wire Product Manufacturing industry in the United Kingdom is likely to be significantly impacted by export tariffs with exports accounting for a high share of industry revenue.
The market size of the Chain, Spring & Wire Product Manufacturing industry in the United Kingdom has been declining at a CAGR of 1.9 % between 2021 and 2026.
Over the next five years, the Chain, Spring & Wire Product Manufacturing industry in the United Kingdom is expected to decline.
The biggest companies operating in the Chain, Spring & Wire Product Manufacturing industry in the United Kingdom are BRC Ltd, Bridon International Ltd and Lesjofors AB
Stranded wire, rope and cable and Springs are part of the Chain, Spring & Wire Product Manufacturing industry in the United Kingdom.
The company holding the most market share in the Chain, Spring & Wire Product Manufacturing industry in the United Kingdom is BRC Ltd.
The level of competition is high and steady in the Chain, Spring & Wire Product Manufacturing industry in the United Kingdom.