Global Wheel Weight Market Size, Manufacturers, Opportunities and Forecast to 2030

Global Wheel Weight Market Size, Manufacturers, Opportunities and Forecast to 2030


Summary

Wheel Weight also referred to as tire balance, describes the distribution of mass within an automobile tire or the entire wheel (including the rim) to which it is attached.
When the wheel rotates, asymmetries of mass may cause it to hop or wobble, which can cause ride disturbances, usually vertical and lateral vibrations. It can also result in a wobbling of the steering wheel or of the entire vehicle. Vehicle suspensions can become excited by unbalance forces when the speed of the wheel reaches a point that its rotating frequency equals the suspension’s resonant frequency.
Tires are balanced in factories and repair shops by two methods: static balancers and dynamic balancers. Static imbalance is caused by a difference of weight over the whole plane of the wheel. Dynamic imbalance means a difference of weight outside the plane of the wheel. In order to reach a perfect balance, both imbalances must be corrected.
Tires with high unbalance forces are downgraded or rejected. When tires are fitted to wheels at the point of sale, they are measured again on a balancing machine, and correction weights are applied to counteract the combined effect of the tire and wheel unbalance. After sale, tires may be rebalanced if driver perceives excessive vibration.

According to APO Research, The global Wheel Weight market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

North American market for Wheel Weight is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Asia-Pacific market for Wheel Weight is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Europe market for Wheel Weight is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The major global manufacturers of Wheel Weight include WEGMANN, Plombco, TOHO KOGYO, Hennessy, Shengshi Weiye, 3M, Trax JH Ltd, Baolong and Jiangyin Yinxinde, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Wheel Weight, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Wheel Weight.
The Wheel Weight market size, estimations, and forecasts are provided in terms of sales volume (M Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Wheel Weight market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

WEGMANN
Plombco
TOHO KOGYO
Hennessy
Shengshi Weiye
3M
Trax JH Ltd
Baolong
Jiangyin Yinxinde
HEBEI XST
Yaqiya
Wurth USA
Alpha Autoparts
Holman
Hatco
Bharat Balancing Weightss
HEBEI FANYA
Wheel Weight segment by Type

Clip-On Type
Adhesive Type
Wheel Weight segment by Application

Passenger Vehicle
Commercial Vehicle
Wheel Weight Segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Wheel Weight market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Wheel Weight and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Wheel Weight.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Wheel Weight manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Wheel Weight in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Wheel Weight Market Size Estimates and Forecasts (2019-2030)
1.2.2 Global Wheel Weight Sales Estimates and Forecasts (2019-2030)
1.3 Wheel Weight Market by Type
1.3.1 Clip-On Type
1.3.2 Adhesive Type
1.4 Global Wheel Weight Market Size by Type
1.4.1 Global Wheel Weight Market Size Overview by Type (2019-2030)
1.4.2 Global Wheel Weight Historic Market Size Review by Type (2019-2024)
1.4.3 Global Wheel Weight Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
1.5.1 North America Wheel Weight Sales Breakdown by Type (2019-2024)
1.5.2 Europe Wheel Weight Sales Breakdown by Type (2019-2024)
1.5.3 Asia-Pacific Wheel Weight Sales Breakdown by Type (2019-2024)
1.5.4 Latin America Wheel Weight Sales Breakdown by Type (2019-2024)
1.5.5 Middle East and Africa Wheel Weight Sales Breakdown by Type (2019-2024)
2 Global Market Dynamics
2.1 Wheel Weight Industry Trends
2.2 Wheel Weight Industry Drivers
2.3 Wheel Weight Industry Opportunities and Challenges
2.4 Wheel Weight Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Wheel Weight Revenue (2019-2024)
3.2 Global Top Players by Wheel Weight Sales (2019-2024)
3.3 Global Top Players by Wheel Weight Price (2019-2024)
3.4 Global Wheel Weight Industry Company Ranking, 2022 VS 2023 VS 2024
3.5 Global Wheel Weight Key Company Manufacturing Sites & Headquarters
3.6 Global Wheel Weight Company, Product Type & Application
3.7 Global Wheel Weight Company Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Wheel Weight Market CR5 and HHI
3.8.2 Global Top 5 and 10 Wheel Weight Players Market Share by Revenue in 2023
3.8.3 2023 Wheel Weight Tier 1, Tier 2, and Tier 3
4 Wheel Weight Regional Status and Outlook
4.1 Global Wheel Weight Market Size and CAGR by Region: 2019 VS 2023 VS 2030
4.2 Global Wheel Weight Historic Market Size by Region
4.2.1 Global Wheel Weight Sales in Volume by Region (2019-2024)
4.2.2 Global Wheel Weight Sales in Value by Region (2019-2024)
4.2.3 Global Wheel Weight Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Wheel Weight Forecasted Market Size by Region
4.3.1 Global Wheel Weight Sales in Volume by Region (2025-2030)
4.3.2 Global Wheel Weight Sales in Value by Region (2025-2030)
4.3.3 Global Wheel Weight Sales (Volume & Value), Price and Gross Margin (2025-2030)
5 Wheel Weight by Application
5.1 Wheel Weight Market by Application
5.1.1 Passenger Vehicle
5.1.2 Commercial Vehicle
5.2 Global Wheel Weight Market Size by Application
5.2.1 Global Wheel Weight Market Size Overview by Application (2019-2030)
5.2.2 Global Wheel Weight Historic Market Size Review by Application (2019-2024)
5.2.3 Global Wheel Weight Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
5.3.1 North America Wheel Weight Sales Breakdown by Application (2019-2024)
5.3.2 Europe Wheel Weight Sales Breakdown by Application (2019-2024)
5.3.3 Asia-Pacific Wheel Weight Sales Breakdown by Application (2019-2024)
5.3.4 Latin America Wheel Weight Sales Breakdown by Application (2019-2024)
5.3.5 Middle East and Africa Wheel Weight Sales Breakdown by Application (2019-2024)
6 Company Profiles
6.1 WEGMANN
6.1.1 WEGMANN Comapny Information
6.1.2 WEGMANN Business Overview
6.1.3 WEGMANN Wheel Weight Sales, Revenue and Gross Margin (2019-2024)
6.1.4 WEGMANN Wheel Weight Product Portfolio
6.1.5 WEGMANN Recent Developments
6.2 Plombco
6.2.1 Plombco Comapny Information
6.2.2 Plombco Business Overview
6.2.3 Plombco Wheel Weight Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Plombco Wheel Weight Product Portfolio
6.2.5 Plombco Recent Developments
6.3 TOHO KOGYO
6.3.1 TOHO KOGYO Comapny Information
6.3.2 TOHO KOGYO Business Overview
6.3.3 TOHO KOGYO Wheel Weight Sales, Revenue and Gross Margin (2019-2024)
6.3.4 TOHO KOGYO Wheel Weight Product Portfolio
6.3.5 TOHO KOGYO Recent Developments
6.4 Hennessy
6.4.1 Hennessy Comapny Information
6.4.2 Hennessy Business Overview
6.4.3 Hennessy Wheel Weight Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Hennessy Wheel Weight Product Portfolio
6.4.5 Hennessy Recent Developments
6.5 Shengshi Weiye
6.5.1 Shengshi Weiye Comapny Information
6.5.2 Shengshi Weiye Business Overview
6.5.3 Shengshi Weiye Wheel Weight Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Shengshi Weiye Wheel Weight Product Portfolio
6.5.5 Shengshi Weiye Recent Developments
6.6 3M
6.6.1 3M Comapny Information
6.6.2 3M Business Overview
6.6.3 3M Wheel Weight Sales, Revenue and Gross Margin (2019-2024)
6.6.4 3M Wheel Weight Product Portfolio
6.6.5 3M Recent Developments
6.7 Trax JH Ltd
6.7.1 Trax JH Ltd Comapny Information
6.7.2 Trax JH Ltd Business Overview
6.7.3 Trax JH Ltd Wheel Weight Sales, Revenue and Gross Margin (2019-2024)
6.7.4 Trax JH Ltd Wheel Weight Product Portfolio
6.7.5 Trax JH Ltd Recent Developments
6.8 Baolong
6.8.1 Baolong Comapny Information
6.8.2 Baolong Business Overview
6.8.3 Baolong Wheel Weight Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Baolong Wheel Weight Product Portfolio
6.8.5 Baolong Recent Developments
6.9 Jiangyin Yinxinde
6.9.1 Jiangyin Yinxinde Comapny Information
6.9.2 Jiangyin Yinxinde Business Overview
6.9.3 Jiangyin Yinxinde Wheel Weight Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Jiangyin Yinxinde Wheel Weight Product Portfolio
6.9.5 Jiangyin Yinxinde Recent Developments
6.10 HEBEI XST
6.10.1 HEBEI XST Comapny Information
6.10.2 HEBEI XST Business Overview
6.10.3 HEBEI XST Wheel Weight Sales, Revenue and Gross Margin (2019-2024)
6.10.4 HEBEI XST Wheel Weight Product Portfolio
6.10.5 HEBEI XST Recent Developments
6.11 Yaqiya
6.11.1 Yaqiya Comapny Information
6.11.2 Yaqiya Business Overview
6.11.3 Yaqiya Wheel Weight Sales, Revenue and Gross Margin (2019-2024)
6.11.4 Yaqiya Wheel Weight Product Portfolio
6.11.5 Yaqiya Recent Developments
6.12 Wurth USA
6.12.1 Wurth USA Comapny Information
6.12.2 Wurth USA Business Overview
6.12.3 Wurth USA Wheel Weight Sales, Revenue and Gross Margin (2019-2024)
6.12.4 Wurth USA Wheel Weight Product Portfolio
6.12.5 Wurth USA Recent Developments
6.13 Alpha Autoparts
6.13.1 Alpha Autoparts Comapny Information
6.13.2 Alpha Autoparts Business Overview
6.13.3 Alpha Autoparts Wheel Weight Sales, Revenue and Gross Margin (2019-2024)
6.13.4 Alpha Autoparts Wheel Weight Product Portfolio
6.13.5 Alpha Autoparts Recent Developments
6.14 Holman
6.14.1 Holman Comapny Information
6.14.2 Holman Business Overview
6.14.3 Holman Wheel Weight Sales, Revenue and Gross Margin (2019-2024)
6.14.4 Holman Wheel Weight Product Portfolio
6.14.5 Holman Recent Developments
6.15 Hatco
6.15.1 Hatco Comapny Information
6.15.2 Hatco Business Overview
6.15.3 Hatco Wheel Weight Sales, Revenue and Gross Margin (2019-2024)
6.15.4 Hatco Wheel Weight Product Portfolio
6.15.5 Hatco Recent Developments
6.16 Bharat Balancing Weightss
6.16.1 Bharat Balancing Weightss Comapny Information
6.16.2 Bharat Balancing Weightss Business Overview
6.16.3 Bharat Balancing Weightss Wheel Weight Sales, Revenue and Gross Margin (2019-2024)
6.16.4 Bharat Balancing Weightss Wheel Weight Product Portfolio
6.16.5 Bharat Balancing Weightss Recent Developments
6.17 HEBEI FANYA
6.17.1 HEBEI FANYA Comapny Information
6.17.2 HEBEI FANYA Business Overview
6.17.3 HEBEI FANYA Wheel Weight Sales, Revenue and Gross Margin (2019-2024)
6.17.4 HEBEI FANYA Wheel Weight Product Portfolio
6.17.5 HEBEI FANYA Recent Developments
7 North America by Country
7.1 North America Wheel Weight Sales by Country
7.1.1 North America Wheel Weight Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.1.2 North America Wheel Weight Sales by Country (2019-2024)
7.1.3 North America Wheel Weight Sales Forecast by Country (2025-2030)
7.2 North America Wheel Weight Market Size by Country
7.2.1 North America Wheel Weight Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.2.2 North America Wheel Weight Market Size by Country (2019-2024)
7.2.3 North America Wheel Weight Market Size Forecast by Country (2025-2030)
8 Europe by Country
8.1 Europe Wheel Weight Sales by Country
8.1.1 Europe Wheel Weight Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.1.2 Europe Wheel Weight Sales by Country (2019-2024)
8.1.3 Europe Wheel Weight Sales Forecast by Country (2025-2030)
8.2 Europe Wheel Weight Market Size by Country
8.2.1 Europe Wheel Weight Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.2.2 Europe Wheel Weight Market Size by Country (2019-2024)
8.2.3 Europe Wheel Weight Market Size Forecast by Country (2025-2030)
9 Asia-Pacific by Country
9.1 Asia-Pacific Wheel Weight Sales by Country
9.1.1 Asia-Pacific Wheel Weight Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.1.2 Asia-Pacific Wheel Weight Sales by Country (2019-2024)
9.1.3 Asia-Pacific Wheel Weight Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Wheel Weight Market Size by Country
9.2.1 Asia-Pacific Wheel Weight Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.2.2 Asia-Pacific Wheel Weight Market Size by Country (2019-2024)
9.2.3 Asia-Pacific Wheel Weight Market Size Forecast by Country (2025-2030)
10 Latin America by Country
10.1 Latin America Wheel Weight Sales by Country
10.1.1 Latin America Wheel Weight Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.1.2 Latin America Wheel Weight Sales by Country (2019-2024)
10.1.3 Latin America Wheel Weight Sales Forecast by Country (2025-2030)
10.2 Latin America Wheel Weight Market Size by Country
10.2.1 Latin America Wheel Weight Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.2.2 Latin America Wheel Weight Market Size by Country (2019-2024)
10.2.3 Latin America Wheel Weight Market Size Forecast by Country (2025-2030)
11 Middle East and Africa by Country
11.1 Middle East and Africa Wheel Weight Sales by Country
11.1.1 Middle East and Africa Wheel Weight Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.1.2 Middle East and Africa Wheel Weight Sales by Country (2019-2024)
11.1.3 Middle East and Africa Wheel Weight Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Wheel Weight Market Size by Country
11.2.1 Middle East and Africa Wheel Weight Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.2.2 Middle East and Africa Wheel Weight Market Size by Country (2019-2024)
11.2.3 Middle East and Africa Wheel Weight Market Size Forecast by Country (2025-2030)
12 Value Chain and Sales Channels Analysis
12.1 Wheel Weight Value Chain Analysis
12.1.1 Wheel Weight Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Wheel Weight Production Mode & Process
12.2 Wheel Weight Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Wheel Weight Distributors
12.2.3 Wheel Weight Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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