Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Passenger Vehicle Wheel Weight Market by Type (Clip-On Type, Adhesive Type), By Application (Sedan, Suv, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Passenger Vehicle Wheel Weight Market by Type (Clip-On Type, Adhesive Type), By Application (Sedan, Suv, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 205585 3300 Automobile & Transportation 377 241 Pages 4.7 (40)
                                          

The global passenger vehicle wheel weight market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for passenger vehicles in emerging economies such as India and China. Passenger vehicles are also being used as a mode of transportation in developed countries such as the US and Europe, which is driving up demand for these products. The increasing number of car accidents due to faulty tires is also driving up demand for wheel weights, which will further fuel growth in this market during the forecast period. The cliOn type segment accounted for over 50% share of the global passenger vehicle wheel weight market in 2017 and it is expected to maintain its dominance throughout the forecast period owing to its low cost and easy installation process. Adhesive type segment accounted for over 30% share of this market in 2017 and it is expected that adhesive type will continue its dominance throughout the forecast period owing to its high performance characteristics such as high adhesion strength, long-term durability, resistance against corrosion etc, which make them suitable for use on all types of surfaces including metal or plastic wheels with different shapes or sizes.

Some Of The Growth Factors Of This Market:

  1. The increasing demand for passenger vehicles is a key factor driving the growth of the passenger vehicle wheel weight market.
  2. The increasing number of accidents and fatalities due to poor road conditions is also driving the growth of this market.
  3. Increasing population and urbanization are also factors that are driving the growth of this market, as more people will be buying cars in order to commute to work or school, which will lead to an increase in demand for wheel weights.
  4. The growing trend towards electric vehicles is also a factor that is contributing to the growth of this market, as these vehicles require less weight on their wheels than traditional gasoline-powered cars do, which means that there will be an increased need for wheel weights in order to compensate for this difference in weight distribution between traditional and electric cars.
  5. Increasing fuel prices are also a factor that is contributing to the growth of this market, as higher fuel prices mean that drivers will have less money available with which they can buy new tires or replace old ones with new ones when they wear out; therefore, they may opt instead for cheaper options such as replacing only one tire at a time rather than all four tires at once (which would require four times as many wheel weights), or opting not to replace any tires at all until absolutely necessary (which would require no wheel weights).

Industry Growth Insights published a new data on “Passenger Vehicle Wheel Weight Market”. The research report is titled “Passenger Vehicle Wheel Weight Market research by Types (Clip-On Type, Adhesive Type), By Applications (Sedan, Suv, Other), By Players/Companies WEGMANN, Plombco, TOHO KOGYO, Hennessy, Shengshi Weiye, 3M, Trax JH Ltd, Baolong, Jiangyin Yinxinde, HEBEI XST, Yaqiya, Wurth USA, Alpha Autoparts, Holman, Hatco, Bharat Balancing Weightss, HEBEI FANYA”.

Scope Of The Report

Report Attributes

Report Details

Report Title

Passenger Vehicle Wheel Weight Market Research Report

By Type

Clip-On Type, Adhesive Type

By Application

Sedan, Suv, Other

By Companies

WEGMANN, Plombco, TOHO KOGYO, Hennessy, Shengshi Weiye, 3M, Trax JH Ltd, Baolong, Jiangyin Yinxinde, HEBEI XST, Yaqiya, Wurth USA, Alpha Autoparts, Holman, Hatco, Bharat Balancing Weightss, HEBEI FANYA

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

241

Number of Tables & Figures

169

Customization Available

Yes, the report can be customized as per your need.


Global Passenger Vehicle Wheel Weight Industry Outlook


Global Passenger Vehicle Wheel Weight Market Report Segments:

The global Passenger Vehicle Wheel Weight market is segmented on the basis of:

Types

Clip-On Type, Adhesive Type

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Sedan, Suv, Other

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. WEGMANN
  2. Plombco
  3. TOHO KOGYO
  4. Hennessy
  5. Shengshi Weiye
  6. 3M
  7. Trax JH Ltd
  8. Baolong
  9. Jiangyin Yinxinde
  10. HEBEI XST
  11. Yaqiya
  12. Wurth USA
  13. Alpha Autoparts
  14. Holman
  15. Hatco
  16. Bharat Balancing Weightss
  17. HEBEI FANYA

Global Passenger Vehicle Wheel Weight Market Overview


Highlights of The Passenger Vehicle Wheel Weight Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Clip-On Type
    2. Adhesive Type
  1. By Application:

    1. Sedan
    2. Suv
    3. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Passenger Vehicle Wheel Weight Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Passenger Vehicle Wheel Weight Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


The weight of a passenger vehicle's wheel is the total weight of the wheel and tire assembly.

Some of the major players in the passenger vehicle wheel weight market are WEGMANN, Plombco, TOHO KOGYO, Hennessy, Shengshi Weiye, 3M, Trax JH Ltd, Baolong, Jiangyin Yinxinde, HEBEI XST, Yaqiya, Wurth USA, Alpha Autoparts, Holman, Hatco, Bharat‚ Balancing‚ Weightss, HEBEI FANYA.

The passenger vehicle wheel weight market is expected to grow at a compound annual growth rate of 4.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Passenger Vehicle Wheel Weight Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Passenger Vehicle Wheel Weight Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Passenger Vehicle Wheel Weight Market - Supply Chain
   4.5. Global Passenger Vehicle Wheel Weight Market Forecast
      4.5.1. Passenger Vehicle Wheel Weight Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Passenger Vehicle Wheel Weight Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Passenger Vehicle Wheel Weight Market Absolute $ Opportunity

5. Global Passenger Vehicle Wheel Weight Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Passenger Vehicle Wheel Weight Market Size and Volume Forecast by Type
      5.3.1. Clip-On Type
      5.3.2. Adhesive Type
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Passenger Vehicle Wheel Weight Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Passenger Vehicle Wheel Weight Market Size and Volume Forecast by Application
      6.3.1. Sedan
      6.3.2. Suv
      6.3.3. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Passenger Vehicle Wheel Weight Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Passenger Vehicle Wheel Weight Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Passenger Vehicle Wheel Weight Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Passenger Vehicle Wheel Weight Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Passenger Vehicle Wheel Weight Demand Share Forecast, 2019-2026

9. North America Passenger Vehicle Wheel Weight Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Passenger Vehicle Wheel Weight Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Passenger Vehicle Wheel Weight Market Size and Volume Forecast by Application
      9.4.1. Sedan
      9.4.2. Suv
      9.4.3. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Passenger Vehicle Wheel Weight Market Size and Volume Forecast by Type
      9.7.1. Clip-On Type
      9.7.2. Adhesive Type
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Passenger Vehicle Wheel Weight Demand Share Forecast, 2019-2026

10. Latin America Passenger Vehicle Wheel Weight Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Passenger Vehicle Wheel Weight Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Passenger Vehicle Wheel Weight Market Size and Volume Forecast by Application
      10.4.1. Sedan
      10.4.2. Suv
      10.4.3. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Passenger Vehicle Wheel Weight Market Size and Volume Forecast by Type
      10.7.1. Clip-On Type
      10.7.2. Adhesive Type
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Passenger Vehicle Wheel Weight Demand Share Forecast, 2019-2026

11. Europe Passenger Vehicle Wheel Weight Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Passenger Vehicle Wheel Weight Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Passenger Vehicle Wheel Weight Market Size and Volume Forecast by Application
      11.4.1. Sedan
      11.4.2. Suv
      11.4.3. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Passenger Vehicle Wheel Weight Market Size and Volume Forecast by Type
      11.7.1. Clip-On Type
      11.7.2. Adhesive Type
   11.8. Basis Point Share (BPS) Analsis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Passenger Vehicle Wheel Weight Demand Share, 2019-2026

12. Asia Pacific Passenger Vehicle Wheel Weight Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Passenger Vehicle Wheel Weight Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Passenger Vehicle Wheel Weight Market Size and Volume Forecast by Application
      12.4.1. Sedan
      12.4.2. Suv
      12.4.3. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Passenger Vehicle Wheel Weight Market Size and Volume Forecast by Type
      12.7.1. Clip-On Type
      12.7.2. Adhesive Type
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Passenger Vehicle Wheel Weight Demand Share, 2019-2026

13. Middle East & Africa Passenger Vehicle Wheel Weight Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Passenger Vehicle Wheel Weight Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Passenger Vehicle Wheel Weight Market Size and Volume Forecast by Application
      13.4.1. Sedan
      13.4.2. Suv
      13.4.3. Other
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Passenger Vehicle Wheel Weight Market Size and Volume Forecast by Type
      13.7.1. Clip-On Type
      13.7.2. Adhesive Type
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Passenger Vehicle Wheel Weight Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Passenger Vehicle Wheel Weight Market: Market Share Analysis
   14.2. Passenger Vehicle Wheel Weight Distributors and Customers
   14.3. Passenger Vehicle Wheel Weight Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. WEGMANN
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Plombco
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. TOHO KOGYO
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Hennessy
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Shengshi Weiye
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. 3M
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Trax JH Ltd
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Baolong
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Jiangyin Yinxinde
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. HEBEI XST
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Yaqiya
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Wurth USA
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. Alpha Autoparts
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. Holman
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. Hatco
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. Bharat Balancing Weightss
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. HEBEI FANYA
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

Our Trusted Clients

Contact Us