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Wheel Balancing Weights Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2024-2031- (By Derivatives Coverage, Geographic Coverage and By Company)

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    Report

  • 280 Pages
  • October 2024
  • Region: Global
  • Fairfield Market Research
  • ID: 6014811
Description Jump to:
A comprehensive study on the wheel balancing weights market indicates a promising growth trajectory, with the global market projected to reach approximately US$ 950 million by the end of the forecast period, registering a compound annual growth rate (CAGR) of 5.4%. The report outlines key insights regarding market dynamics, growth drivers, and opportunities shaping the future of wheel balancing weights.

The wheel balancing weights market plays a crucial role in tire service, ensuring vehicle comfort and control while reducing tire wear. This report delves into the parent market, highlighting factors influencing the growth of wheel balancing weights across various regions worldwide.

Market Insights

As consumer awareness regarding vehicle maintenance grows, the demand for wheel balancing weights in the automotive aftermarket is expected to surge. According to market estimates, the increasing recognition of the importance of timely replacement of wheel components is set to drive market growth. Notably, the shift from traditional lead-based weights to steel-based alternatives has emerged as a key trend.

Drivers

1. Health and Environmental Concerns: Lead-based wheel weights pose significant risks to human health and the environment. Consequently, the market for steel-based wheel balancing weights, which are environmentally friendly and cost-effective, is expected to grow at a CAGR of 6%.

2. Regulatory Changes: In response to stricter regulations in Europe and North America, OEMs are transitioning to greener alternatives for wheel balancing weights. Polymer-coated zinc and steel weights are becoming the preferred choices.

3. Consumer Preferences: The rising demand for compact and mid-size passenger cars is fuelling the need for wheel balancing weights, particularly in markets like Turkey and Eastern Europe, which collectively see annual sales exceeding 25 million vehicles.

Business Opportunity

The automotive aftermarket industry is expected to experience substantial growth in the coming years, presenting new business opportunities for manufacturers of wheel balancing weights. This robust expansion is driving companies to focus on innovative products that align with the evolving preferences of consumers. As awareness regarding vehicle maintenance continues to rise, manufacturers are prioritizing the development of solutions that meet the changing demands of the market.

Regional Analysis

The wheel balancing weights market exhibits promising potential across various regions. Europe and Asia Pacific are expected to drive significant growth, primarily due to the growing automotive industry and increasing consumer awareness. The report highlights that while India currently faces a slowdown in automotive demand, a modest future outlook for wheel balancing weights is anticipated.

Key Players

The competitive landscape of the wheel balancing weights market is characterized by a perfect competition scenario, with over 80% of the market share held by the top 8-10 brands. Prominent players in the industry include:
  • WEGMANN Automotive GmbH (HOFMANN POWER WEIGHT, Perfect Equipment Inc., Plombco)
  • 3M Automotive
  • Hennessy Industries, LLC (BADA)
  • Wurth USA, Inc.
  • HARTEC s.a.l (Hatco brand)
  • Cangzhou Yaqiya Auto Parts Manufacturer Co., Ltd.
  • BeiJiaDe Auto Accessory Co., Ltd.
  • BendPak Inc.
  • Banner GmbH
  • Trax JH Ltd.
  • P.C. Products Company International Limited
  • Bharat Balancing Weightss
  • B.S. Wheel Balance Pvt. Ltd.
  • Italmatic Srl
  • Toho Kogyo Co., Ltd.
  • TOHO ZINC CO., LTD.

Wheel Balancing Weights Market: Segmentation

By Product Type

  • Clip-on Weights
  • Adhesive Weights

By Material Type

  • Lead
  • Zinc
  • Steel
  • Tin and Others

By Vehicle Type

  • Passenger Cars
  • Compact
  • Mid-size
  • Luxury
  • SUVs
  • LCVs
  • HCVs

By Wheel Type

  • Steel Wheel
  • Alloy Wheel

By Sales Channel

  • OEM
  • Aftermarket

By Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa


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Table of Contents

1. Executive Summary
1.1. Global Wheel Balancing Weights Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value and Volume, 2024
1.5. Analyst Recommendations
2. Market Overview
2.1. Market Definitions and Segmentations
2.2. Market Dynamics
2.2.1. Drivers
2.2.2. Restraints
2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter’s Five Forces Analysis
2.5. COVID-19 Impact Analysis
2.5.1. Supply
2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
2.7.1. World Economic Projections
2.8. PESTLE Analysis
3. Price Analysis, 2019 - 2023
3.1. Global Average Price Analysis by Material Type, 2019 - 2023
3.2. Prominent Factor Affecting Wheel Balancing Weights Prices
3.3. Global Average Price Analysis by Region
4. Global Wheel Balancing Weights Market Outlook, 2019 - 2031
4.1. Global Wheel Balancing Weights Market Outlook, by Material Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
4.1.1. Key Highlights
4.1.1.1. Lead
4.1.1.2. Zinc
4.1.1.3. Steel
4.1.1.4. Tin
4.1.1.5. Others
4.2. Global Wheel Balancing Weights Market Outlook, by Vehicle Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
4.2.1. Key Highlights
4.2.1.1. Passenger Cars
4.2.1.1.1. Compact
4.2.1.1.2. Mid-size
4.2.1.1.3. Luxury
4.2.1.1.4. SUVs
4.2.1.2. LCVs
4.2.1.3. HCVs
4.3. Global Wheel Balancing Weights Market Outlook, by Wheel Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
4.3.1. Key Highlights
4.3.1.1. Steel Wheel
4.3.1.2. Alloy Wheel
4.4. Global Wheel Balancing Weights Market Outlook, by Sales Channel, Value (US$ Bn) and Volume (Box), 2019 - 2031
4.4.1. Key Highlights
4.4.1.1. OEM
4.4.1.2. Aftermarket
4.5. Global Wheel Balancing Weights Market Outlook, by Region, Value (US$ Bn) and Volume (Box), 2019 - 2031
4.5.1. Key Highlights
4.5.1.1. North America
4.5.1.2. Europe
4.5.1.3. Asia Pacific
4.5.1.4. Latin America
4.5.1.5. Middle East & Africa
5. North America Wheel Balancing Weights Market Outlook, 2019 - 2031
5.1. North America Wheel Balancing Weights Market Outlook, by Material Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
5.1.1. Key Highlights
5.1.1.1. Lead
5.1.1.2. Zinc
5.1.1.3. Steel
5.1.1.4. Tin
5.1.1.5. Others
5.2. North America Wheel Balancing Weights Market Outlook, by Vehicle Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
5.2.1. Key Highlights
5.2.1.1. Passenger Cars
5.2.1.1.1. Compact
5.2.1.1.2. Mid-size
5.2.1.1.3. Luxury
5.2.1.1.4. SUVs
5.2.1.2. LCVs
5.2.1.3. HCVs
5.3. North America Wheel Balancing Weights Market Outlook, by Wheel Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
5.3.1. Key Highlights
5.3.1.1. Steel Wheel
5.3.1.2. Alloy Wheel
5.4. North America Wheel Balancing Weights Market Outlook, by Sales Channel, Value (US$ Bn) and Volume (Box), 2019 - 2031
5.4.1. Key Highlights
5.4.1.1. OEM
5.4.1.2. Aftermarket
5.4.2. Attractiveness Analysis
5.5. North America Wheel Balancing Weights Market Outlook, by Country, Value (US$ Bn) and Volume (Box), 2019 - 2031
5.5.1. Key Highlights
5.5.1.1. U.S. Wheel Balancing Weights Market by Material Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
5.5.1.2. U.S. Wheel Balancing Weights Market by Vehicle Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
5.5.1.3. U.S. Wheel Balancing Weights Market by Wheel Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
5.5.1.4. U.S. Wheel Balancing Weights Market by Sales Channel, Value (US$ Bn) and Volume (Box), 2019 - 2031
5.5.1.5. Canada Wheel Balancing Weights Market by Material Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
5.5.1.6. Canada Wheel Balancing Weights Market by Vehicle Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
5.5.1.7. Canada Wheel Balancing Weights Market by Wheel Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
5.5.1.8. Canada Wheel Balancing Weights Market by Sales Channel, Value (US$ Bn) and Volume (Box), 2019 - 2031
6. Europe Wheel Balancing Weights Market Outlook, 2019 - 2031
6.1. Europe Wheel Balancing Weights Market Outlook, by Material Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
6.1.1. Key Highlights
6.1.1.1. Lead
6.1.1.2. Zinc
6.1.1.3. Steel
6.1.1.4. Tin
6.1.1.5. Others
6.2. Europe Wheel Balancing Weights Market Outlook, by Vehicle Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
6.2.1. Key Highlights
6.2.1.1. Passenger Cars
6.2.1.1.1. Compact
6.2.1.1.2. Mid-size
6.2.1.1.3. Luxury
6.2.1.1.4. SUVs
6.2.1.2. LCVs
6.2.1.3. HCVs
6.3. Europe Wheel Balancing Weights Market Outlook, by Wheel Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
6.3.1. Key Highlights
6.3.1.1. Steel Wheel
6.3.1.2. Alloy Wheel
6.4. Europe Wheel Balancing Weights Market Outlook, by Sales Channel, Value (US$ Bn) and Volume (Box), 2019 - 2031
6.4.1. Key Highlights
6.4.1.1. OEM
6.4.1.2. Aftermarket
6.4.2. Attractiveness Analysis
6.5. Europe Wheel Balancing Weights Market Outlook, by Country, Value (US$ Bn) and Volume (Box), 2019 - 2031
6.5.1. Key Highlights
6.5.1.1. Germany Wheel Balancing Weights Market by Material Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
6.5.1.2. Germany Wheel Balancing Weights Market by Vehicle Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
6.5.1.3. Germany Wheel Balancing Weights Market by Wheel Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
6.5.1.4. Germany Wheel Balancing Weights Market by Sales Channel, Value (US$ Bn) and Volume (Box), 2019 - 2031
6.5.1.5. U.K. Wheel Balancing Weights Market by Material Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
6.5.1.6. U.K. Wheel Balancing Weights Market by Vehicle Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
6.5.1.7. U.K. Wheel Balancing Weights Market by Wheel Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
6.5.1.8. U.K. Wheel Balancing Weights Market by Sales Channel, Value (US$ Bn) and Volume (Box), 2019 - 2031
6.5.1.9. France Wheel Balancing Weights Market by Material Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
6.5.1.10. France Wheel Balancing Weights Market by Vehicle Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
6.5.1.11. France Wheel Balancing Weights Market by Wheel Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
6.5.1.12. France Wheel Balancing Weights Market by Sales Channel, Value (US$ Bn) and Volume (Box), 2019 - 2031
6.5.1.13. Italy Wheel Balancing Weights Market by Material Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
6.5.1.14. Italy Wheel Balancing Weights Market by Vehicle Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
6.5.1.15. Italy Wheel Balancing Weights Market by Wheel Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
6.5.1.16. Italy Wheel Balancing Weights Market by Sales Channel, Value (US$ Bn) and Volume (Box), 2019 - 2031
6.5.1.17. Turkey Wheel Balancing Weights Market by Material Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
6.5.1.18. Turkey Wheel Balancing Weights Market by Vehicle Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
6.5.1.19. Turkey Wheel Balancing Weights Market by Wheel Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
6.5.1.20. Turkey Wheel Balancing Weights Market by Sales Channel, Value (US$ Bn) and Volume (Box), 2019 - 2031
6.5.1.21. Russia Wheel Balancing Weights Market by Material Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
6.5.1.22. Russia Wheel Balancing Weights Market by Vehicle Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
6.5.1.23. Russia Wheel Balancing Weights Market by Wheel Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
6.5.1.24. Russia Wheel Balancing Weights Market by Sales Channel, Value (US$ Bn) and Volume (Box), 2019 - 2031
6.5.1.25. Rest of Europe Wheel Balancing Weights Market by Material Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
6.5.1.26. Rest of Europe Wheel Balancing Weights Market by Vehicle Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
6.5.1.27. Rest of Europe Wheel Balancing Weights Market by Wheel Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
6.5.1.28. Rest of Europe Wheel Balancing Weights Market by Sales Channel, Value (US$ Bn) and Volume (Box), 2019 - 2031
7. Asia Pacific Wheel Balancing Weights Market Outlook, 2019 - 2031
7.1. Asia Pacific Wheel Balancing Weights Market Outlook, by Material Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
7.1.1. Key Highlights
7.1.1.1. Lead
7.1.1.2. Zinc
7.1.1.3. Steel
7.1.1.4. Tin
7.1.1.5. Others
7.2. Asia Pacific Wheel Balancing Weights Market Outlook, by Vehicle Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
7.2.1. Key Highlights
7.2.1.1. Passenger Cars
7.2.1.1.1. Compact
7.2.1.1.2. Mid-size
7.2.1.1.3. Luxury
7.2.1.1.4. SUVs
7.2.1.2. LCVs
7.2.1.3. HCVs
7.3. Asia Pacific Wheel Balancing Weights Market Outlook, by Wheel Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
7.3.1. Key Highlights
7.3.1.1. Steel Wheel
7.3.1.2. Alloy Wheel
7.4. Asia Pacific Wheel Balancing Weights Market Outlook, by Sales Channel, Value (US$ Bn) and Volume (Box), 2019 - 2031
7.4.1. Key Highlights
7.4.1.1. OEM
7.4.1.2. Aftermarket
7.4.2. Attractiveness Analysis
7.5. Asia Pacific Wheel Balancing Weights Market Outlook, by Country, Value (US$ Bn) and Volume (Box), 2019 - 2031
7.5.1. Key Highlights
7.5.1.1. China Wheel Balancing Weights Market by Material Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
7.5.1.2. China Wheel Balancing Weights Market by Vehicle Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
7.5.1.3. China Wheel Balancing Weights Market by Wheel Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
7.5.1.4. China Wheel Balancing Weights Market by Sales Channel, Value (US$ Bn) and Volume (Box), 2019 - 2031
7.5.1.5. Japan Wheel Balancing Weights Market by Material Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
7.5.1.6. Japan Wheel Balancing Weights Market by Vehicle Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
7.5.1.7. Japan Wheel Balancing Weights Market by Wheel Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
7.5.1.8. Japan Wheel Balancing Weights Market by Sales Channel, Value (US$ Bn) and Volume (Box), 2019 - 2031
7.5.1.9. South Korea Wheel Balancing Weights Market by Material Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
7.5.1.10. South Korea Wheel Balancing Weights Market by Vehicle Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
7.5.1.11. South Korea Wheel Balancing Weights Market by Wheel Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
7.5.1.12. South Korea Wheel Balancing Weights Market by Sales Channel, Value (US$ Bn) and Volume (Box), 2019 - 2031
7.5.1.13. India Wheel Balancing Weights Market by Material Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
7.5.1.14. India Wheel Balancing Weights Market by Vehicle Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
7.5.1.15. India Wheel Balancing Weights Market by Wheel Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
7.5.1.16. India Wheel Balancing Weights Market by Sales Channel, Value (US$ Bn) and Volume (Box), 2019 - 2031
7.5.1.17. Southeast Asia Wheel Balancing Weights Market by Material Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
7.5.1.18. Southeast Asia Wheel Balancing Weights Market by Vehicle Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
7.5.1.19. Southeast Asia Wheel Balancing Weights Market by Wheel Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
7.5.1.20. Southeast Asia Wheel Balancing Weights Market by Sales Channel, Value (US$ Bn) and Volume (Box), 2019 - 2031
7.5.1.21. Rest of Asia Pacific Wheel Balancing Weights Market by Material Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
7.5.1.22. Rest of Asia Pacific Wheel Balancing Weights Market by Vehicle Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
7.5.1.23. Rest of Asia Pacific Wheel Balancing Weights Market by Wheel Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
7.5.1.24. Rest of Asia Pacific Wheel Balancing Weights Market by Sales Channel, Value (US$ Bn) and Volume (Box), 2019 - 2031
8. Latin America Wheel Balancing Weights Market Outlook, 2019 - 2031
8.1. Latin America Wheel Balancing Weights Market Outlook, by Material Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
8.1.1. Key Highlights
8.1.1.1. Lead
8.1.1.2. Zinc
8.1.1.3. Steel
8.1.1.4. Tin
8.1.1.5. Others
8.2. Latin America Wheel Balancing Weights Market Outlook, by Vehicle Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
8.2.1. Key Highlights
8.2.1.1. Passenger Cars
8.2.1.1.1. Compact
8.2.1.1.2. Mid-size
8.2.1.1.3. Luxury
8.2.1.1.4. SUVs
8.2.1.2. LCVs
8.2.1.3. HCVs
8.3. Latin America Wheel Balancing Weights Market Outlook, by Wheel Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
8.3.1. Key Highlights
8.3.1.1. Steel Wheel
8.3.1.2. Alloy Wheel
8.4. Latin America Wheel Balancing Weights Market Outlook, by Sales Channel, Value (US$ Bn) and Volume (Box), 2019 - 2031
8.4.1. Key Highlights
8.4.1.1. OEM
8.4.1.2. Aftermarket
8.4.2. Attractiveness Analysis
8.5. Latin America Wheel Balancing Weights Market Outlook, by Country, Value (US$ Bn) and Volume (Box), 2019 - 2031
8.5.1. Key Highlights
8.5.1.1. Brazil Wheel Balancing Weights Market by Material Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
8.5.1.2. Brazil Wheel Balancing Weights Market by Vehicle Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
8.5.1.3. Brazil Wheel Balancing Weights Market by Wheel Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
8.5.1.4. Brazil Wheel Balancing Weights Market by Sales Channel, Value (US$ Bn) and Volume (Box), 2019 - 2031
8.5.1.5. Mexico Wheel Balancing Weights Market by Material Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
8.5.1.6. Mexico Wheel Balancing Weights Market by Vehicle Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
8.5.1.7. Mexico Wheel Balancing Weights Market by Wheel Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
8.5.1.8. Mexico Wheel Balancing Weights Market by Sales Channel, Value (US$ Bn) and Volume (Box), 2019 - 2031
8.5.1.9. Argentina Wheel Balancing Weights Market by Material Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
8.5.1.10. Argentina Wheel Balancing Weights Market by Vehicle Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
8.5.1.11. Argentina Wheel Balancing Weights Market by Wheel Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
8.5.1.12. Argentina Wheel Balancing Weights Market by Sales Channel, Value (US$ Bn) and Volume (Box), 2019 - 2031
8.5.1.13. Rest of Latin America Wheel Balancing Weights Market by Material Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
8.5.1.14. Rest of Latin America Wheel Balancing Weights Market by Vehicle Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
8.5.1.15. Rest of Latin America Wheel Balancing Weights Market by Wheel Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
8.5.1.16. Rest of Latin America Wheel Balancing Weights Market by Sales Channel, Value (US$ Bn) and Volume (Box), 2019 - 2031
9. Middle East & Africa Wheel Balancing Weights Market Outlook, 2019 - 2031
9.1. Middle East & Africa Wheel Balancing Weights Market Outlook, by Material Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
9.1.1. Key Highlights
9.1.1.1. Lead
9.1.1.2. Zinc
9.1.1.3. Steel
9.1.1.4. Tin
9.1.1.5. Others
9.2. Middle East & Africa Wheel Balancing Weights Market Outlook, by Vehicle Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
9.2.1. Key Highlights
9.2.1.1. Passenger Cars
9.2.1.1.1. Compact
9.2.1.1.2. Mid-size
9.2.1.1.3. Luxury
9.2.1.1.4. SUVs
9.2.1.2. LCVs
9.2.1.3. HCVs
9.3. Middle East & Africa Wheel Balancing Weights Market Outlook, by Wheel Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
9.3.1. Key Highlights
9.3.1.1. Steel Wheel
9.3.1.2. Alloy Wheel
9.4. Middle East & Africa Wheel Balancing Weights Market Outlook, by Sales Channel, Value (US$ Bn) and Volume (Box), 2019 - 2031
9.4.1. Key Highlights
9.4.1.1. OEM
9.4.1.2. Aftermarket
9.4.2. Attractiveness Analysis
9.5. Middle East & Africa Wheel Balancing Weights Market Outlook, by Country, Value (US$ Bn) and Volume (Box), 2019 - 2031
9.5.1. Key Highlights
9.5.1.1. GCC Wheel Balancing Weights Market by Material Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
9.5.1.2. GCC Wheel Balancing Weights Market by Vehicle Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
9.5.1.3. GCC Wheel Balancing Weights Market by Wheel Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
9.5.1.4. GCC Wheel Balancing Weights Market by Sales Channel, Value (US$ Bn) and Volume (Box), 2019 - 2031
9.5.1.5. South Africa Wheel Balancing Weights Market by Material Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
9.5.1.6. South Africa Wheel Balancing Weights Market by Vehicle Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
9.5.1.7. South Africa Wheel Balancing Weights Market by Wheel Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
9.5.1.8. South Africa Wheel Balancing Weights Market by Sales Channel, Value (US$ Bn) and Volume (Box), 2019 - 2031
9.5.1.9. Egypt Wheel Balancing Weights Market by Material Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
9.5.1.10. Egypt Wheel Balancing Weights Market by Vehicle Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
9.5.1.11. Egypt Wheel Balancing Weights Market by Wheel Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
9.5.1.12. Egypt Wheel Balancing Weights Market by Sales Channel, Value (US$ Bn) and Volume (Box), 2019 - 2031
9.5.1.13. Nigeria Wheel Balancing Weights Market by Material Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
9.5.1.14. Nigeria Wheel Balancing Weights Market by Vehicle Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
9.5.1.15. Nigeria Wheel Balancing Weights Market by Wheel Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
9.5.1.16. Nigeria Wheel Balancing Weights Market by Sales Channel, Value (US$ Bn) and Volume (Box), 2019 - 2031
9.5.1.17. Rest of Middle East & Africa Wheel Balancing Weights Market by Material Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
9.5.1.18. Rest of Middle East & Africa Wheel Balancing Weights Market by Vehicle Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
9.5.1.19. Rest of Middle East & Africa Wheel Balancing Weights Market by Wheel Type, Value (US$ Bn) and Volume (Box), 2019 - 2031
9.5.1.20. Rest of Middle East & Africa Wheel Balancing Weights Market by Sales Channel, Value (US$ Bn) and Volume (Box), 2019 - 2031
10. Competitive Landscape
10.1. By Material Type vs by Vehicle Type Heatmap
10.2. Company Market Share Analysis, 2024
10.3. Competitive Dashboard
10.4. Company Profiles
10.4.1. WEGMANN automotive GmbH (HOFMANN POWER WEIGHT, Perfect Equipment Inc., Plombco)
10.4.1.1. Company Overview
10.4.1.2. Product Portfolio
10.4.1.3. Financial Overview
10.4.1.4. Business Strategies and Development
10.4.2. 3M Automotive
10.4.2.1. Company Overview
10.4.2.2. Product Portfolio
10.4.2.3. Financial Overview
10.4.2.4. Business Strategies and Development
10.4.3. Hennessy Industries, LLC (BADA)
10.4.3.1. Company Overview
10.4.3.2. Product Portfolio
10.4.3.3. Financial Overview
10.4.3.4. Business Strategies and Development
10.4.4. Wurth USA, Inc
10.4.4.1. Company Overview
10.4.4.2. Product Portfolio
10.4.4.3. Financial Overview
10.4.4.4. Business Strategies and Development
10.4.5. HARTEC s.a.l (Hatco brand)
10.4.5.1. Company Overview
10.4.5.2. Product Portfolio
10.4.5.3. Financial Overview
10.4.5.4. Business Strategies and Development
10.4.6. Cangzhou Yaqiya Auto Parts Manufacturer Co., Ltd.
10.4.6.1. Company Overview
10.4.6.2. Product Portfolio
10.4.6.3. Financial Overview
10.4.6.4. Business Strategies and Development
10.4.7. BeiJiaDe Auto Accessory Co, Ltd.
10.4.7.1. Company Overview
10.4.7.2. Product Portfolio
10.4.7.3. Financial Overview
10.4.7.4. Business Strategies and Development
10.4.8. BendPak Inc.
10.4.8.1. Company Overview
10.4.8.2. Product Portfolio
10.4.8.3. Financial Overview
10.4.8.4. Business Strategies and Development
10.4.9. Banner GmbH
10.4.9.1. Company Overview
10.4.9.2. Product Portfolio
10.4.9.3. Financial Overview
10.4.9.4. Business Strategies and Development
10.4.10. Trax JH Ltd
10.4.10.1. Company Overview
10.4.10.2. Product Portfolio
10.4.10.3. Financial Overview
10.4.10.4. Business Strategies and Development
10.4.11. P.C. Products Company International Limited
10.4.11.1. Company Overview
10.4.11.2. Product Portfolio
10.4.11.3. Financial Overview
10.4.11.4. Business Strategies and Developments
10.4.12. Bharat Balancing Weights
10.4.12.1. Company Overview
10.4.12.2. Product Portfolio
10.4.12.3. Financial Overview
10.4.12.4. Business Strategies and Development
10.4.13. B.S. Wheel Balance Pvt. Ltd
10.4.13.1. Company Overview
10.4.13.2. Product Portfolio
10.4.13.3. Financial Overview
10.4.13.4. Business Strategies and Development
10.4.14. Italmatic Srl
10.4.14.1. Company Overview
10.4.14.2. Product Portfolio
10.4.14.3. Financial Overview
10.4.14.4. Business Strategies and Development
10.4.15. Toho Kogyo Co., Ltd.
10.4.15.1. Company Overview
10.4.15.2. Product Portfolio
10.4.15.3. Financial Overview
10.4.15.4. Business Strategies and Development
10.4.16. TOHO ZINC CO
10.4.16.1. Company Overview
10.4.16.2. Product Portfolio
10.4.16.3. Financial Overview
10.4.16.4. Business Strategies and Development
11. Appendix
11.1. Research Methodology
11.2. Report Assumptions
11.3. Acronyms and Abbreviations

Companies Mentioned

  • WEGMANN automotive GmbH ( HOFMANN POWER WEIGHT, Perfect Equipment Inc., Plombco)
  • 3M Automotive
  • Hennessy Industries, LLC (BADA)
  • Wurth USA, Inc
  • HARTEC s.a.l (Hatco brand)
  • Cangzhou Yaqiya Auto Parts Manufacturer Co., Ltd.
  • BeiJiaDe Auto Accessory Co.,Ltd.
  • BendPak Inc.
  • Banner GmbH
  • Trax JH Ltd
  • P.C. Products Company International Limited
  • Bharat Balancing Weightss
  • B.S. Wheel Balance Pvt. Ltd
  • Italmatic Srl
  • Toho Kogyo Co., Ltd.
  • TOHO ZINC CO

Methodology

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