Global Automotive Wheel Balancing Weight Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

Global Automotive Wheel Balancing Weight Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Automotive Wheel Balancing Weight market size was valued at US$ 700 million in 2024 and is forecast to a readjusted size of USD 1018 million by 2031 with a CAGR of 5.5% during review period.

Automotive Wheel Balancing 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.

The automotive wheel balancing weight market plays a crucial role in ensuring the safe and efficient functioning of vehicles. These weights are essential in correcting the imbalance in wheels, which occurs due to the uneven distribution of weight across the tire. Without proper balancing, vehicles can experience vibrations, uneven tire wear, and poor handling, leading to safety concerns and reduced vehicle performance. The growing automotive industry, along with increasing demand for safety features and vehicle performance optimization, is driving the market for wheel balancing weights. This market encompasses various types of materials, including lead, steel, and zinc, with increasing environmental regulations pushing manufacturers towards more eco-friendly materials like zinc and steel. Furthermore, the rise of electric vehicles (EVs) is influencing market trends, as EVs require more specialized balancing due to their unique designs and performance requirements. In terms of geographical trends, regions such as North America, Europe, and Asia-Pacific are key markets, with Asia-Pacific leading due to its large automotive manufacturing base.

This report is a detailed and comprehensive analysis for global Automotive Wheel Balancing Weight market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Automotive Wheel Balancing Weight market size and forecasts, in consumption value ($ Million), sales quantity (M Units), and average selling prices (US$/Unit), 2020-2031

Global Automotive Wheel Balancing Weight market size and forecasts by region and country, in consumption value ($ Million), sales quantity (M Units), and average selling prices (US$/Unit), 2020-2031

Global Automotive Wheel Balancing Weight market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (M Units), and average selling prices (US$/Unit), 2020-2031

Global Automotive Wheel Balancing Weight market shares of main players, shipments in revenue ($ Million), sales quantity (M Units), and ASP (US$/Unit), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Automotive Wheel Balancing Weight

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Automotive Wheel Balancing Weight market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include WEGMANN, Baolong Automotive, TOHO KOGYO, Cascade Wheel Weights, 3M, Shengshi Weiye, Trax JH Ltd, Hebei HOLMAN Auto Parts, Hebei LongRun Automotive, HEBEI XST, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Automotive Wheel Balancing Weight market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Clip-On Type
Adhesive Type

Market segment by Application
Passenger Vehicle
Commercial Vehicle

Major players covered
WEGMANN
Baolong Automotive
TOHO KOGYO
Cascade Wheel Weights
3M
Shengshi Weiye
Trax JH Ltd
Hebei HOLMAN Auto Parts
Hebei LongRun Automotive
HEBEI XST
Alpha Autoparts
Bharat Balancing Weightss
Yaqiya
Hatco
HEBEI FANYA
Cangzhou Sheen Auto Parts

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Automotive Wheel Balancing Weight product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Automotive Wheel Balancing Weight, with price, sales quantity, revenue, and global market share of Automotive Wheel Balancing Weight from 2020 to 2025.

Chapter 3, the Automotive Wheel Balancing Weight competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Automotive Wheel Balancing Weight breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Automotive Wheel Balancing Weight market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Automotive Wheel Balancing Weight.

Chapter 14 and 15, to describe Automotive Wheel Balancing Weight sales channel, distributors, customers, research findings and conclusion.