Press release
Wheel Weight Market: Key regions, sales, revenue, market share and growth rate during forecast period 2019-2025
The global average price of Wheel Weight is in the decreasing trend, from 114.6 USD/K Unit in 2014 to 105.7 USD/K Unit in 2018. 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 2018 is about 50.24%, and the proportion is in increasing trend from 2014 to 2018.
Asia Pacific is the largest consumption place, with a consumption market share nearly 50.67% in 2018. Following Asia Pacific, Europe is the second largest consumption place with the consumption market share of 22.7%.
The global Wheel Weight market was 650 million US$ in 2018 and is expected to 730 million US$ by the end of 2025, growing at a CAGR of 1.5% between 2019 and 2025.
This report studies the Wheel Weight market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Wheel Weight in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
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
By the product type, the market is primarily split into
Clip-On Type
Adhesive Type
By the end users/application, this report covers the following segments
Passenger Vehicle
Commercial Vehicle
Motorcycle
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