Wheel Balancing Weights Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031

Description

A comprehensive study of the wheel balancing weights market reveals a positive growth trajectory, with global projections indicating that the market will reach approximately USD 950 million by the end of the forecast period, achieving a compound annual growth rate (CAGR) of 5.4%. This report provides key insights into market dynamics, growth drivers, and opportunities that are shaping the future of wheel balancing weights.

The wheel balancing weights market is essential for tire services, enhancing vehicle comfort and control while reducing tire wear. The report further examines the parent market, identifying factors influencing the growth of wheel balancing weights across various global regions.

Market Insights

As consumer awareness of vehicle maintenance increases, demand for wheel balancing weights in the automotive aftermarket is expected to surge. Estimates suggest that the growing recognition of the importance of timely wheel component replacement will be a significant driver of market growth. A notable trend is the transition from traditional lead-based weights to steel-based alternatives.

Key Drivers

1.Health and Environmental Concerns: Lead-based wheel weights pose significant health and environmental risks. As a result, the market for steel-based wheel balancing weights-known for their environmental friendliness and cost-effectiveness-is projected to grow at a CAGR of 6%.

2.Regulatory Changes: Stricter regulations in Europe and North America are prompting OEMs to adopt greener alternatives for wheel balancing weights. Polymer-coated zinc and steel weights are becoming increasingly popular choices.

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

Business Opportunities

The automotive aftermarket industry is expected to experience significant growth in the coming years, presenting new business opportunities for manufacturers of wheel balancing weights. This robust expansion encourages companies to focus on innovative products that align with evolving consumer preferences. As awareness of 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 shows promising potential across various regions. Europe and Asia Pacific are expected to be key growth drivers, primarily due to the expanding automotive industry and increasing consumer awareness. While India currently faces a slowdown in automotive demand, a modest future outlook for wheel balancing weights is anticipated.

Competitive Landscape

The competitive landscape of the wheel balancing weights market is characterized by perfect competition, with over 80% of market share held by the top 8-10 brands. Key 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
Light Commercial Vehicles (LCVs)
Heavy Commercial Vehicles (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

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