Wheel Weight Industry Research Report 2024

Wheel Weight Industry Research Report 2024


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 valued at US$ million in 2023 and is anticipated to reach 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 , 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 report will help the Wheel Weight manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

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: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Wheel Weight manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Wheel Weight by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Wheel Weight in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: 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 11: The main points and conclusions of the report.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Wheel Weight by Type
2.2.1 Market Value Comparison by Type (2019 VS 2023 VS 2030) & (US$ Million)
2.2.2 Clip-On Type
2.2.3 Adhesive Type
2.3 Wheel Weight by Application
2.3.1 Market Value Comparison by Application (2019 VS 2023 VS 2030) & (US$ Million)
2.3.2 Passenger Vehicle
2.3.3 Commercial Vehicle
2.4 Global Market Growth Prospects
2.4.1 Global Wheel Weight Production Value Estimates and Forecasts (2019-2030)
2.4.2 Global Wheel Weight Production Capacity Estimates and Forecasts (2019-2030)
2.4.3 Global Wheel Weight Production Estimates and Forecasts (2019-2030)
2.4.4 Global Wheel Weight Market Average Price (2019-2030)
3 Market Competitive Landscape by Manufacturers
3.1 Global Wheel Weight Production by Manufacturers (2019-2024)
3.2 Global Wheel Weight Production Value by Manufacturers (2019-2024)
3.3 Global Wheel Weight Average Price by Manufacturers (2019-2024)
3.4 Global Wheel Weight Industry Manufacturers Ranking, 2022 VS 2023 VS 2024
3.5 Global Wheel Weight Key Manufacturers, Manufacturing Sites & Headquarters
3.6 Global Wheel Weight Manufacturers, Product Type & Application
3.7 Global Wheel Weight Manufacturers, Date of Enter into This Industry
3.8 Global Wheel Weight Market CR5 and HHI
3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 WEGMANN
4.1.1 WEGMANN Wheel Weight Company Information
4.1.2 WEGMANN Wheel Weight Business Overview
4.1.3 WEGMANN Wheel Weight Production, Value and Gross Margin (2019-2024)
4.1.4 WEGMANN Product Portfolio
4.1.5 WEGMANN Recent Developments
4.2 Plombco
4.2.1 Plombco Wheel Weight Company Information
4.2.2 Plombco Wheel Weight Business Overview
4.2.3 Plombco Wheel Weight Production, Value and Gross Margin (2019-2024)
4.2.4 Plombco Product Portfolio
4.2.5 Plombco Recent Developments
4.3 TOHO KOGYO
4.3.1 TOHO KOGYO Wheel Weight Company Information
4.3.2 TOHO KOGYO Wheel Weight Business Overview
4.3.3 TOHO KOGYO Wheel Weight Production, Value and Gross Margin (2019-2024)
4.3.4 TOHO KOGYO Product Portfolio
4.3.5 TOHO KOGYO Recent Developments
4.4 Hennessy
4.4.1 Hennessy Wheel Weight Company Information
4.4.2 Hennessy Wheel Weight Business Overview
4.4.3 Hennessy Wheel Weight Production, Value and Gross Margin (2019-2024)
4.4.4 Hennessy Product Portfolio
4.4.5 Hennessy Recent Developments
4.5 Shengshi Weiye
4.5.1 Shengshi Weiye Wheel Weight Company Information
4.5.2 Shengshi Weiye Wheel Weight Business Overview
4.5.3 Shengshi Weiye Wheel Weight Production, Value and Gross Margin (2019-2024)
4.5.4 Shengshi Weiye Product Portfolio
4.5.5 Shengshi Weiye Recent Developments
4.6 3M
4.6.1 3M Wheel Weight Company Information
4.6.2 3M Wheel Weight Business Overview
4.6.3 3M Wheel Weight Production, Value and Gross Margin (2019-2024)
4.6.4 3M Product Portfolio
4.6.5 3M Recent Developments
4.7 Trax JH Ltd
4.7.1 Trax JH Ltd Wheel Weight Company Information
4.7.2 Trax JH Ltd Wheel Weight Business Overview
4.7.3 Trax JH Ltd Wheel Weight Production, Value and Gross Margin (2019-2024)
4.7.4 Trax JH Ltd Product Portfolio
4.7.5 Trax JH Ltd Recent Developments
4.8 Baolong
4.8.1 Baolong Wheel Weight Company Information
4.8.2 Baolong Wheel Weight Business Overview
4.8.3 Baolong Wheel Weight Production, Value and Gross Margin (2019-2024)
4.8.4 Baolong Product Portfolio
4.8.5 Baolong Recent Developments
4.9 Jiangyin Yinxinde
4.9.1 Jiangyin Yinxinde Wheel Weight Company Information
4.9.2 Jiangyin Yinxinde Wheel Weight Business Overview
4.9.3 Jiangyin Yinxinde Wheel Weight Production, Value and Gross Margin (2019-2024)
4.9.4 Jiangyin Yinxinde Product Portfolio
4.9.5 Jiangyin Yinxinde Recent Developments
4.10 HEBEI XST
4.10.1 HEBEI XST Wheel Weight Company Information
4.10.2 HEBEI XST Wheel Weight Business Overview
4.10.3 HEBEI XST Wheel Weight Production, Value and Gross Margin (2019-2024)
4.10.4 HEBEI XST Product Portfolio
4.10.5 HEBEI XST Recent Developments
4.11 Yaqiya
4.11.1 Yaqiya Wheel Weight Company Information
4.11.2 Yaqiya Wheel Weight Business Overview
4.11.3 Yaqiya Wheel Weight Production, Value and Gross Margin (2019-2024)
4.11.4 Yaqiya Product Portfolio
4.11.5 Yaqiya Recent Developments
4.12 Wurth USA
4.12.1 Wurth USA Wheel Weight Company Information
4.12.2 Wurth USA Wheel Weight Business Overview
4.12.3 Wurth USA Wheel Weight Production, Value and Gross Margin (2019-2024)
4.12.4 Wurth USA Product Portfolio
4.12.5 Wurth USA Recent Developments
4.13 Alpha Autoparts
4.13.1 Alpha Autoparts Wheel Weight Company Information
4.13.2 Alpha Autoparts Wheel Weight Business Overview
4.13.3 Alpha Autoparts Wheel Weight Production, Value and Gross Margin (2019-2024)
4.13.4 Alpha Autoparts Product Portfolio
4.13.5 Alpha Autoparts Recent Developments
4.14 Holman
4.14.1 Holman Wheel Weight Company Information
4.14.2 Holman Wheel Weight Business Overview
4.14.3 Holman Wheel Weight Production, Value and Gross Margin (2019-2024)
4.14.4 Holman Product Portfolio
4.14.5 Holman Recent Developments
4.15 Hatco
4.15.1 Hatco Wheel Weight Company Information
4.15.2 Hatco Wheel Weight Business Overview
4.15.3 Hatco Wheel Weight Production, Value and Gross Margin (2019-2024)
4.15.4 Hatco Product Portfolio
4.15.5 Hatco Recent Developments
4.16 Bharat Balancing Weightss
4.16.1 Bharat Balancing Weightss Wheel Weight Company Information
4.16.2 Bharat Balancing Weightss Wheel Weight Business Overview
4.16.3 Bharat Balancing Weightss Wheel Weight Production, Value and Gross Margin (2019-2024)
4.16.4 Bharat Balancing Weightss Product Portfolio
4.16.5 Bharat Balancing Weightss Recent Developments
4.17 HEBEI FANYA
4.17.1 HEBEI FANYA Wheel Weight Company Information
4.17.2 HEBEI FANYA Wheel Weight Business Overview
4.17.3 HEBEI FANYA Wheel Weight Production, Value and Gross Margin (2019-2024)
4.17.4 HEBEI FANYA Product Portfolio
4.17.5 HEBEI FANYA Recent Developments
5 Global Wheel Weight Production by Region
5.1 Global Wheel Weight Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.2 Global Wheel Weight Production by Region: 2019-2030
5.2.1 Global Wheel Weight Production by Region: 2019-2024
5.2.2 Global Wheel Weight Production Forecast by Region (2025-2030)
5.3 Global Wheel Weight Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.4 Global Wheel Weight Production Value by Region: 2019-2030
5.4.1 Global Wheel Weight Production Value by Region: 2019-2024
5.4.2 Global Wheel Weight Production Value Forecast by Region (2025-2030)
5.5 Global Wheel Weight Market Price Analysis by Region (2019-2024)
5.6 Global Wheel Weight Production and Value, YOY Growth
5.6.1 North America Wheel Weight Production Value Estimates and Forecasts (2019-2030)
5.6.2 Europe Wheel Weight Production Value Estimates and Forecasts (2019-2030)
5.6.3 China Wheel Weight Production Value Estimates and Forecasts (2019-2030)
5.6.4 Japan Wheel Weight Production Value Estimates and Forecasts (2019-2030)
5.6.5 India Wheel Weight Production Value Estimates and Forecasts (2019-2030)
6 Global Wheel Weight Consumption by Region
6.1 Global Wheel Weight Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
6.2 Global Wheel Weight Consumption by Region (2019-2030)
6.2.1 Global Wheel Weight Consumption by Region: 2019-2030
6.2.2 Global Wheel Weight Forecasted Consumption by Region (2025-2030)
6.3 North America
6.3.1 North America Wheel Weight Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.3.2 North America Wheel Weight Consumption by Country (2019-2030)
6.3.3 U.S.
6.3.4 Canada
6.4 Europe
6.4.1 Europe Wheel Weight Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.4.2 Europe Wheel Weight Consumption by Country (2019-2030)
6.4.3 Germany
6.4.4 France
6.4.5 U.K.
6.4.6 Italy
6.4.7 Russia
6.5 Asia Pacific
6.5.1 Asia Pacific Wheel Weight Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.5.2 Asia Pacific Wheel Weight Consumption by Country (2019-2030)
6.5.3 China
6.5.4 Japan
6.5.5 South Korea
6.5.6 China Taiwan
6.5.7 Southeast Asia
6.5.8 India
6.5.9 Australia
6.6 Latin America, Middle East & Africa
6.6.1 Latin America, Middle East & Africa Wheel Weight Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.6.2 Latin America, Middle East & Africa Wheel Weight Consumption by Country (2019-2030)
6.6.3 Mexico
6.6.4 Brazil
6.6.5 Turkey
6.6.5 GCC Countries
7 Segment by Type
7.1 Global Wheel Weight Production by Type (2019-2030)
7.1.1 Global Wheel Weight Production by Type (2019-2030) & (M Units)
7.1.2 Global Wheel Weight Production Market Share by Type (2019-2030)
7.2 Global Wheel Weight Production Value by Type (2019-2030)
7.2.1 Global Wheel Weight Production Value by Type (2019-2030) & (US$ Million)
7.2.2 Global Wheel Weight Production Value Market Share by Type (2019-2030)
7.3 Global Wheel Weight Price by Type (2019-2030)
8 Segment by Application
8.1 Global Wheel Weight Production by Application (2019-2030)
8.1.1 Global Wheel Weight Production by Application (2019-2030) & (M Units)
8.1.2 Global Wheel Weight Production by Application (2019-2030) & (M Units)
8.2 Global Wheel Weight Production Value by Application (2019-2030)
8.2.1 Global Wheel Weight Production Value by Application (2019-2030) & (US$ Million)
8.2.2 Global Wheel Weight Production Value Market Share by Application (2019-2030)
8.3 Global Wheel Weight Price by Application (2019-2030)
9 Value Chain and Sales Channels Analysis of the Market
9.1 Wheel Weight Value Chain Analysis
9.1.1 Wheel Weight Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Wheel Weight Production Mode & Process
9.2 Wheel Weight Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Wheel Weight Distributors
9.2.3 Wheel Weight Customers
10 Global Wheel Weight Analyzing Market Dynamics
10.1 Wheel Weight Industry Trends
10.2 Wheel Weight Industry Drivers
10.3 Wheel Weight Industry Opportunities and Challenges
10.4 Wheel Weight Industry Restraints
11 Report Conclusion
12 Disclaimer

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