Global Counterweight Blocks Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029
According to our (Global Info Research) latest study, the global Counterweight Blocks market size was valued at USD 1294.2 million in 2022 and is forecast to a readjusted size of USD 1692.2 million by 2029 with a CAGR of 3.9% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Counterweights are an integral part of a variety of big machines dealing with huge load. By balancing the weight, they secure a safety performance of tractors, forklift trucks, cranes, excavators and others.
Counterweights are typically made of metals – with cast iron counterweights and concrete counterweights being the most often used ones. Steel, titanium, tungsten and a few metal alloys can also be used to manufacture high-quality counterweights.
This report is a detailed and comprehensive analysis for global Counterweight Blocks market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Material 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 2023, are provided.
Key Features:
Global Counterweight Blocks market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Counterweight Blocks market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Counterweight Blocks market size and forecasts, by Material and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Counterweight Blocks market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2018-2023
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 Counterweight Blocks
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 Counterweight Blocks market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include FMGC (Farinia), Blackwood Engineering, SIC Lazaro, Gallizo and Max Iron, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Counterweight Blocks market is split by Material and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Material, 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 Material
Cast Iron
Steel
Concrete
Lead
Tungsten Alloy
Others
Market segment by Application
Elevator
Forklift
Excavator
Crane
Wheel Loader
Aerial Work Platform
Bridge
Marine
Automobile
Home Appliance
Major players covered
FMGC (Farinia)
Blackwood Engineering
SIC Lazaro
Gallizo
Max Iron
Swebor
Ondo Metal
Mars Metal
International Steel & Counterweights
Ultraray Metals
Crescent Foundry
Konstanta
AMAC Alloys
Huaining County Hengyuan Renewable Technology
Agescan International
Innotec
Zunhua Wanxin Construction Machinery
LB Steel
Hameco
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 Counterweight Blocks product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Counterweight Blocks, with price, sales, revenue and global market share of Counterweight Blocks from 2018 to 2023.
Chapter 3, the Counterweight Blocks competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Counterweight Blocks breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Material and application, with sales market share and growth rate by material, application, from 2018 to 2029.
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 2017 to 2022.and Counterweight Blocks market forecast, by regions, material and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Counterweight Blocks.
Chapter 14 and 15, to describe Counterweight Blocks sales channel, distributors, customers, research findings and conclusion.