Los Angeles, CA -- (SBWire) -- 10/03/2018 --This study focuses on the production side and consumption side of Wheel Weight, presents the global Wheel Weight market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. In terms of production side, this report researches the Wheel Weight capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type. In terms of consumption side, this report focuses on the consumption of Wheel Weight by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
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%. The Wheel Weight market was valued at 630 Million US$ in 2017 and is projected to reach 690 Million US$ by 2025, at a CAGR of 1.1% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Wheel Weight.
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This report includes the following manufacturers; we can also add the other companies as you want.
WEGMANN
Plombco
TOHO KOGYO
Hennessy
Shengshi Weiye
3M
Trax JH Ltd
Baolong
Jiangyin Yinxinde
Holman
Market Segment by Product Type
Clip-On Type
Adhesive Type
Market Segment by Application
Passenger Vehicle
Commercial Vehicle
Key Regions split in this report:
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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Wheel Weight Market : Global Value Reach – USD 690 Mn and CAGR – 1.1% by 2025
Wheel Weight Market Report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry, by summing up the previous growth patterns, the growth drivers and the current and future trends.