Global Wheel Weight Market Insights, Forecast to 2025

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.
The global average price of Wheel Weight is in the decreasing trend, from 122 USD/K Unit in 2012 to 108 USD/K Unit in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years.
The classification of Wheel Weight includes Clip-On Wheel Weights and the Adhesive Wheel Weights, and the proportion of Adhesive Wheel Weights in 2016 is about 50.93%, and the proportion is in increasing trend from 2012 to 2016.
China is the largest consumption place, with a consumption market share nearly 26.84% in 2016. Following China, Europe is the second largest consumption place with the consumption market share of 22.90%.
Global Wheel Weight market size will reach 690 million US$ by 2025, from 630 million US$ in 2018, at a CAGR of 1.1% during the forecast period. In this study, 2018 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Wheel Weight.

This industry study presents the global Wheel Weight market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Wheel Weight production, revenue and market share by manufacturers, key regions and type;
The consumption of Wheel Weight in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders WEGMANN, Plombco, etc.

The following manufacturers are covered in this report:
WEGMANN
Plombco
TOHO KOGYO
Hennessy
Shengshi Weiye
3M
Trax JH Ltd
Baolong
Jiangyin Yinxinde
Holman
HEBEI XST
Alpha Autoparts
HEBEI FANYA

Wheel Weight Breakdown Data by Type
Clip-On Type
Adhesive Type
Wheel Weight Breakdown Data by Application
Passenger Vehicle
Commercial Vehicle

Wheel Weight Production by Region
United States
Europe
China
Japan
South Korea
India
Other Regions

Wheel Weight Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

The study objectives are:
To analyze and research the global Wheel Weight status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Wheel Weight manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Wheel Weight :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Wheel Weight market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.