Tire Balance Weight Market Size - By Product, By Material, By Vehicle, By End Use, By Sales Channel, Forecast, 2025 - 2034

Report ID: GMI14213
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Published Date: June 2025
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Report Format: PDF

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Tire Balance Weight Market Size

The global tire balance weight market size was valued at USD 772.3 million in 2024 and is estimated to register a CAGR of 6.8% between 2025 and 2034.
 

Tire Balance Weight Market

The accelerating production of automobiles around the world, especially in developing countries, drives growth for the tire balance weight industry. As more people own private cars and commercial vehicles expand, there is a greater need for periodic maintenance for tires, including wheel balancing. This is common in urban areas with dynamic mobility demands. Furthermore, public sector investments in infrastructure and increasing demands for transportation in logistics, passenger transit, and e-commerce have intensified fleet servicing and, thus, extensive tire maintenance. Since tire balance weights are crucial for ride comfort and vehicle safety, their demand rises proportionately as vehicle population increases globally.
 

For instance, in May 2025, Maruti Suzuki, the largest automotive manufacturer in India, has set an aggressive strategy to raise its annual vehicle production to four million units by 2030. The plan targets not only metropolitan cities but also the “next billion” rural and underserved Indian consumers, underpinned by heavy spending on electric and combustion vehicle plants and other technologies.
 

Regulatory frameworks are being enforced by some governments and transport organizations worldwide with respect to vehicle safety and road compliance. Accurate wheel balancing, made possible by tire balance weights, eliminates vibrations, augments tire life, enhances the safety of driving at high speeds, and spares financial expenditures. Increased compliance to these legal standards in North America, Europe, and parts of Asia has necessitated routine tire maintenance, thus increasing demand for balance weights.
 

In addition, balanced wheels are critical enablers of optimal performance and safety, and this, combined with heightened awareness from fleet operators and general consumers, has made compliance to regulations a critical driver of continuous market expansion.
 

For instance, in April 2025, the European Commission has announced a complete revision of their road safety and vehicle registration policies with the goal of mitigating accidents and enhancing vehicle efficiency throughout the EU. The suggested policies feature more rigorous control of wheel alignment, vibration-related safety assessment, and enhanced technical compliance of vehicles operating on the roads.
 

Tire Balance Weight Market Trends

  • The adoption of balance weights is being transformed with new environmentally friendly materials like zinc, steel, and composite alloys replacing lead. Due to the negative lead manufacturing puts on the environment, there is an increase in production within the U.S and EU. These regions are adopting regulations which support this change. Moreover, primary impact considerations are prompting OEMs to incorporate sustainable parts from the design stage.
     
  • While the adoption of zinc and steel substitutes are somewhat pricier, their adoption has surged due to compliance with regulations and absence of toxic constituents. This approach serves other eco-efficiency objectives of the automotive industry.  Furthermore, it advances innovation toward the use of recyclable and lightweight materials for balance weights.
     
  • For instance, in December 2024, according to EPA, all automakers—accounting for roughly 95 % of new vehicle sales—have stopped using lead wheel weights on newly manufactured cars sold in the United States. This shift across the entire sector demonstrates compliance with regulations as well as sustainability goals, prompting manufacturers to switch to steel, zinc alloys, and composite materials
     
  • The clip-on variety are being replaced by adhesive or stick-on balance weights because of their use on alloy wheels and on vehicles where aesthetic appeal is essential. Unlike the former, these weights are easily applied and offer greater positional flexibility which makes them ideal for EVs and does not cause any damage to the wheel rims. This shift is being accelerated by the production of more luxury vehicles as well as the widespread use of alloy wheels among other car brands. The stick-on weights have been designed with protective anti-corrosive coatings and durable tapes which further increase their longevity.
     
  • The development of high-performance vehicles and electric vehicles (EVs) is driving changes in tire balance weights. These vehicles come with larger wheels and low-profile tires as well as high torque outputs which necessitate precise wheel balancing. Consequently, new balance weights that are lightweight, premium-grade, and expensive are being created for these advanced vehicles. This is shifting the focus of manufacturers towards designing and innovating materials that satisfy the requirements of the new mobility platforms.
     

Tire Balance Weight Market Analysis

Tire Balance Weight Market, By Product, 2022-2034, (USD Million)

Based on product, the tire balance weight market is segmented into clip-on weights and adhesive/stick-on weights. In 2024, the clip-on weights segment held a market revenue of over USD 430 million.
 

  • The clip-on weights have been fabricated from lead. However, with laws zinc or steel has to be used in place of lead. This modification incurs additional production costs such as altering the design of processes, compliance production adjustments and raw material redesigning.
     
  • Developing countries are economically disadvantaged regions still widely used in commercial fleets and budget cars. Also, alloy wheels are seldom found in South America, Eastern Europe and India which makes mounting steel wheels easy. To achieve this, manufacturers are directed towards new alloys, polymer coated steel, and zinc coated steel.
     
  •  The advancements in technology, many OEMs are favoring adhesive weights instead of clip-on weights during the manufacturing of automobiles. This is especially common in luxury vehicles, Electric Vehicles, and automobiles with alloy wheels since clip-ons can damage the wheel rims and ruin the vehicle’s aesthetic. Consequently, clip-ons are mostly used in the aftermarket or commercial fleet industries.
     
  • For instance, in November 2024, clip-on weights had been utilized on Subaru's 17" steel wheels.  This was true even though the business favored alloy wheels with stick-on weights.  According to the consensus checks, clip-on weights are still often used on steel rims, whilst stick-on weights are only used on alloy wheels.

 

Tire Balance Weight Market Share ,By Vehicle, 2024

Based on vehicle, the tire balance weight market is divided into passenger cars, commercial vehicles, two-wheelers, off-road vehicles. The passenger cars segment held a major market share of 61% in 2024 and is expected to grow significantly over the forecast period.
 

  • The shift towards passenger alloy wheels triggered the search for new balancing techniques such as stick-on weights. The non-intrusive nature of alloy wheel weights drives innovation to reduce surface damage. This is especially true in urban regions or in higher-tier cars where customers tend to be more value driven in terms of aesthetics and precision. 
     
  • As a passenger vehicle ages, its economic value increases, which helps maintain aftermarket for maintenance servicing. For instance, consumer awareness regarding tires, economy, and comfort have increased which creates demand for balancing weights, especially while servicing older or economy vehicles which still employ clip-on weights. 
     
  • The low NVH (noise, vibration, and harshness) of electric passenger vehicles amplifies the problem of wheel imbalance. High precision and unobstructed balance weights are needed to address this. As electric vehicles gain traction in the global tire balance weight market, suppliers of balance weights are focusing on innovations that enhance energy efficiency and ride quality, plus tighter balancing tolerances required by OEMs. 
     
  • Vehicle manufacturers and road safety organizations are concentrating on fuel efficiency, emission cuts, and balancing systems for enhanced ride comfort which integrate numerous safety standards. In North America and Europe, there has been a growing concern for issuing more stringent inspection and maintenance mandates, consequently raising the indirect demand for precision tire balancing accessories.
     
  • For instance, in May 2025, the commercial vehicle safety alliance (CVSA) conducts its annual international road check from May 13 to May 15, 2025. This 72-hour event involves high inspections across North America, focusing on two important aspects of areas this year which are both tire safety and accurate records of duty status (RODS).
     

Based on material, the market is divided into steel, zinc, lead and others. The steel segment held a major market share of around 46% in 2024 and is expected to grow significantly over the forecast period.
 

  • The new replacement of lead with steel is a recent change. This is due to a new restriction on the usage of lead. Within legal compliance in North America and Europe, automakers are attempting to reduce their carbon footprint by using greener materials that are compliant with safety regulations and do not compromise precision in modern vehicles.
     
  • There is a change for new model factory fitted applications where OEMs are moving towards the use of steel weights because of lead prohibition. Steel provides balanced compliance with satisfactory weight and lower cost alternatives.

    These OEMs are advancing other environmentally friendly goals focused on productivity and reduced operational impact.
     
  • Advancements in alloy steels are focused on increasing strength while simultaneously lightening the alloy to reduce energy costs. This innovation will be advantageous to the weight and bulk distribution for electric and performance vehicles. It highlights the adaptability of steel in modern automotive engineering, eco-friendly designs, and structural needs of vehicles.
     
  • Regionally, composite and zinc materials are more expensive than steel, which is abundant. This is advantageous not only for developing countries but also for high-production regions such as commercial and passenger vehicle fleets. The economic benefits of steel, along with the increasing ownership of vehicles globally, it appears that steel wheel weights will continue to be the material of choice for the foreseeable future.
     
  • For instance, in August 2024, WEGMANN Automotive, one of the most prominent German producers of wheel balancing weights, has been pursuing acquisitions as well as mergers and partnerships to improve its position in sustainable steel-based wheel weights. The company has purchased niche companies associated with the production of polymer-coated steel weights and adhesive-compatible parts, thus broadening its portfolio towards green designs. In parallel, collaborative projects with local distributors from North America and the Asia-Pacific region have increased the availability of covered steel products, which prompted Wegmann to reinforce his dual strategy of compliance and innovation in the steel-weight industry.
     

Based on end use, the tire balance weight market is divided into automotive workshops, tire shops, vehicle manufacturers and fleet operators. The automotive workshops segment held a major market share in 2024 and is expected to grow significantly over the forecast period.
 

  • Automotive workshops have begun providing ADAS recalibration services with ADAS gaining traction in the tire balance weight market. After performing certain tasks such as fixing windscreens, suspensions or collision-related work, these systems must be aligned with extreme precision. The workshops acquire additional training and specialized equipment.
     
  • The growing adoption of electric vehicles is driving the expansion of EV servicing and the need of specialized battery diagnostics, inverter servicing and software updates. Safe handling of high voltage systems needs specialized training and equipment, which makes workshops focused on EV servicing to be more beneficial to modern fleets and private owners. Besides, these workshops fulfill evolving supply and demand for repairs in collaboration with EV makers as well as through government-sponsored training programs.
     
  • Automobile workshops have begun implementing more sustainable policies. In addition to using eco-friendly building materials, oil and battery waste disposal systems, and energy-efficient lighting and waste disposal systems are in place. Waterless car washes and salvaged part utilization are being implemented in some workshops.
     
  • Along with other implemented policies, these practices respond to emerging frameworks such as eco-conscious regulations, consumer-centered business sustainability goals, and brand image. Adopting green policies reduces costs, strengthens public relations, boosts brand perception in eco-conscious markets, and reinforces consumer trust.
     
  • For instance, in January 2024, Go Mechanic, a leading Indian platform, has joined hands with the international automobile centre of excellence (IACE) which is funded by Gujarat state and Maruti Suzuki, for the skill development of more than 5,000 mechanics across 600 workshops. The program includes modern skills like hybrid/electric vehicle and advanced diagnostics. It aims to enhance the overall workforce professionalism in the field and improve the servicing skill level of India’s operators.

 

U.S. Tire Balance Weight Market, 2022-2034, (USD Million)

North America dominated the tire balance weight market with a share of 30% in 2024 and U.S. leads the market in the region generating USD 201.5 million revenue.
 

  • The automated balancing machinery now combines with laser measurement, two-point optimization, and digital diagnostics. Such systems not only provide the possibility to integrate with tire pressure monitoring systems, but accuracy and servicing time are improved as well. Digitalization pioneers, CEMB and Hunter Engineering, continue leading the North American industry towards embracing these changes. 
     
  • The new environmental legislation, the use of lead weights, is being entirely phased out in North America. Within the region, there is a growing tendency to utilize steel, zinc clip-on, and adhesive weights. New advancements within the adhesives sector are directed towards improved application and corrosion resistance. Companies focusing sustainable design on weight products are likely to benefit from the increasing demand for eco-friendly products. 
     
  • The automated balancing machinery now combines laser measurement, two-point optimization, and digital diagnostics. Such systems not only provide the possibility to integrate with tire pressure monitoring systems, but accuracy and servicing time are improved as well. Digitalization pioneers, CEMB and Hunter Engineering, continue leading the North American industry towards embracing these changes. 
     
  • The new environmental legislation, the use of lead weights, is being entirely phased out in North America. Within the region, there is a growing tendency to utilize steel, zinc clip-on, and adhesive weights. New advancements within the adhesives sector are directed towards improved application and corrosion resistance. Companies focusing sustainable design on weight products are likely to benefit from the increasing demand for eco-friendly products. 
     
  • The heightened desire for vehicle personalization, especially among owners of luxury and performance cars, stylish balance weights are increasingly marketed. For these vehicles, matte finishes, low-profile designs, and alloy-compatible adhesive developed. Manufacturers of balance weights now must cope with the exact demand for artistry and technical precision alongside bespoke customization tailored to workshop services previously reserved for an exclusive clientele.
     
  • For instance, in March 2025, Perfect Equipment manages advanced stamping and production facilities located at the WEGMANN headquarters in Murfreesboro, Tennessee which is the US branch of the German automotive leader WEGMANN. Their domestic manufacturing aids in customization, shortens lead times, and provides strong service for both OEM and aftermarket clients. With modern automated technology and a skilled workforce of over 250, the US division is important for meeting local demand while reinforcing WEGMANN’s competitiveness as the top steel clip-on wheel weight manufacturer.
     

The tire balance weight market in the Germany is expected to experience significant and promising growth from 2025 to 2034.
 

  • The German balance weight industry is served by dedicated Germany balance weight industry dedicated to precision design engineering and novel technology development. Innovations such as light composite alloy and zinc-based composite balance weights have emerged. The drive to increase precision and reliability has spurred advancements in automation in Germany which strengthens competitiveness for the electric vehicle and luxury automobile markets that require strict wheel balancing. 
     
  • Germany’s lead in the global automotive industry is single-handedly responsible for the country being a leader in the balancing weights industry. In Germany, automotive manufacturers BMW, Audi, and Mercedes-Benz have an increasing need for precision balancing parts. These original equipment manufacturers (OEMs) tend to opt for domestically produced components to ensure thorough scrutiny and compliance, which fosters innovation and mass production. This integrated model sustains Germany’s advanced technology leadership in balance weights for all automotive segments.
     
  • Germany’s automotive aftermarket and OEM networks are well advanced in the logistics of automotive parts. Balance weight manufacturers have links with European and worldwide vehicle assembly and aftermarket services. This interlinkage maintains steady demand and very high production efficiency.
     
  • In addition to Germany's peripheral service centers, the extensive network of tire servicing centers, as well as proactive vehicle owners, fortifies Germany’s primary position as supplier, innovator, and distributor of tire balance weights worldwide. 
     

The tire balance weight market in the China is expected to experience significant and promising growth from 2025 to 2034.
 

  • China has a growing demand for electric and hybrid cars which in turn increases the requirement for improved tire balance control and balance weights. The industries connected to tires and spare part servicing are growing rapidly.
     
  • With the growing population in China, there is an increasing automotive aftermarket. With regard to maintenance of the fleet in metropolitan areas, the image and perception of comfort and safety alongside tire service life is improving and increasing the demand for tire servicing balance weights.
     
  • China is transitioning from lead-based balance weights to zinc and steel. This enables local manufacturers to produce compliant balance weights that are both recyclable and eco-friendly, thus expanding the tire balance weights market. China advocates the green transport initiative and the EV industry, further complementing the requirements for balance control equipment.
     
  • The availability of public and private transport in small cities is increasing. Greater access to vehicle maintenance centres, in combination with higher disposable incomes, incentivizes vehicle owners to ensure proper vehicle maintenance. This will greatly increase the need for balance weights.
     
  • For instance, in July 2024, the Chinese auto industry's recovery was credited with driving up Continental AG's earnings from the tyre and automotive industries.  As an example of how China's expanding automobile manufacturing translates into increased demand for ancillary components like tire weights, which benefits both domestic and foreign manufacturers, the company cited "strong growth in China" as a key factor driving margin and profitability increases in the tire segment.
     

The tire balance weight market in the Brazil is expected to experience significant and promising growth from 2025 to 2034.
 

  • Brazil is the largest automobile market in Latin America. Domestic production is improving continuously, encouraged by investments from international automobile manufacturers. With the growing vehicle population, particularly in metropolitan areas, the need for maintenance services such as tire balancing also increases. This naturally pushes the demand for tire balance weights both in original equipment manufacturer (OEM) fitments and after-market replacements.
     
  • In Brazil, the overall number of independently run tire and vehicle repair shops has increased significantly.  Routine maintenance, such as balancing, is becoming increasingly widespread with the increasing access of automobile ownership by the middle class.  Both clip-on and adhesive weights are becoming more and more popular because of this trend, mainly in areas where consumers are price conscious.
     
  • Brazil is among the leaders in eliminating lead based balancing weights due to legislative adoption of component and vehicle safety standards. These laws have also created an environmentally conscious fleet manager and service provider. Coupled with the stringent sustainability requirements put forth by the government, this has increased the demand for steel and zinc, thus benefiting their manufacturers. This also meets foreign objectives as it pushes local ingenuity and manufacturing.
     
  • The dependence of Brazil on road transportation for freight transport within the country leads to the more use of commercial vehicles. The fuel efficiency, operational expenses, and maintenance schedules necessitate minimizing downtime through optimal scheduling of maintenance routines.
     
  • For instance, in July 2024, In July 2024, the government of Brazil initiated the Mover Program to foster innovation and ecological mobility. Consequently, companies such as Stellantis and Great Wall Motors have invested significantly in Brazil, including the manufacture of electric and hybrid vehicles.  The requirement for high precision wheel balancing in modern automobiles is projected to grow substantially as these production lines develop.
     

The tire balance weight market in the Saudi Arabia is expected to experience significant and promising growth from 2025 to 2034.
 

  • The metropolitan areas of Saudi Arabia are witnessing an upsurge in the rate of vehicle ownership. A greater number of passenger and commercial cars brings along the need for periodical maintenance of automotive wheels, such as balancing. There is a persistent necessity of balance weights to cater to the servicing market. 
     
  • The aftermarket segment in Saudi Arabia is further integrating additional tire and service centers which, in turn, expands the aftermarket segment. These enterprises rely heavily on tire balancing which leads to increased usage of both clip-on and adhesive balance weights. 
     
  • As part of Vision 2030, Saudi Arabia is focusing on mobility and infrastructure. This involves the development of new highways and public transport systems as well as logistics hubs. All these additions will streamline traffic and servicing requirements and will consequently enhance the demand for balance weights.
     
  • The general Saudi populace is becoming increasingly safety conscious about motor vehicles and tires. Proper balancing of tires not only enhances driving comfort but also extends the life of the tires. Increasing standards of service are prompted by consumers and fleet operators, resulting in high demand for balancing services and balance weights.
     
  • For instance, in April 2024, according to volza, over fifty 50000 pieces of wheel balancing components, chiefly iron and steel balance weights, have been acquired by Saudi Arabia from China and India. The uninterrupted stream of imports indicates much greater demand, particularly with the growth of the country’s aftermarket services as well as fleet servicing and maintenance.
     

Tire Balance Weight Market Share

The top 7 companies of tire balance weight industry are 3M Company, Baolong Automotive Corp., Hennessy Industries (now Coats Company), Hunter Engineering Company, Plombco, TOHO KOGYO Co., and WEGMANN Automotive hold around 51% of the market in 2024.
 

  • 3M supplies the automotive industry with lead-free, adhesive-mounted wheel weights. These solutions also offer resistance to corrosion.  Besides the automotive sector, 3M is in electronics, construction, and healthcare.  The company focuses on innovation, sustainability, and research and development for the benefit of global consumer and industrial markets.
     
  • Baolong is an international leader in the automotive parts industry specializing in tire valves, TPMS systems, wheel balancing weights and exhaust system components. Baolong's is focused on cutting-edge technology, product development and expansion into new markets serves global OEM and aftermarket customers. It is integrating smart manufacturing and sustainability into its operations in Europe and the U.S. to become a leading supplier of automotive safety and efficiency components.
     
  • Hennessy Industries offers tire changers, wheel balancers and brake lathes, coats serve shops, dealerships, and other related businesses. Tire workshop centres have been utilizing coat products for over 75 years. Coates has always put a focus on performance, durability, innovation, and reliability. This brand is known to be one of the market leaders in service technology and their products are trusted throughout North America.
     
  • Hunter Engineering specializes in wheel aligners, tire changers, balancers and vehicle inspection systems.  Hunter's reputation is built around its cutting-edge technology and collaborations with major automotive companies that allow the business to service independent workshops, tire dealers, and dealerships across the globe.  Hunter's proprietary AI, sensors, and cloud technologies enhance shop productivity, technician safety, and servicing precision and efficiency.
     
  • Plombco is a prominent international provider of wheel balancing weights for both OEM and aftermarket customers. Aside from products with adhesive, steel, or zinc backing, the company also sells lead-free products. Plombco integrates compliance with safety and environmental standards, alongside product customization, in serving the diverse needs of tyre stores and distributors across North America and Europe. In addition, it provides private label contract manufacturing and complies with rigid quality requirements.
     
  • TOHO KOGYO is a manufacturer based in Japan dealing with vehicle servicing equipment, wheel weights, and other parts & tools. The company manufactures products used in tire and repair shops all over the world. It is one of the leading manufacturers noted for its high production standards. The company focuses on the protection of the environment, craftsmanship, and continuous improvement of their processes. TOHO serves the OEM and aftermarket sectors with a reputation for durable and performance-driven automotive hardware and repair accessories. 
     
  • WEGGMAN is the global leader in wheel balancing weights, supplying OEMs, tire shops, and aftermarket clients. It is known brands like Hofmann Power Weight, it offers premium-quality products and automated manufacturing solutions. With a strong focus on innovation and sustainability, WEGMANN serves over 100 countries and integrates advanced materials and production systems to maintain its leadership in automotive wheel weight technology.
     

Tire Balance Weight Market Companies

Major players operating in the tire balance weight industry include:

  • 3M Company
  • Baolong Automotive
  • Cangzhou Yaqiya Auto Parts (Yaqiya)
  • Hennessy Industries (now Coats Company)
  • Hunter Engineering Company
  • Plombco
  • TOHO KOGYO Co.
  • Trax JH
  • WEGMANN Automotive
  • Würth USA
     

The worldwide tire balance weights market is changing with the introduction of new policies, technologies and consumer preferences. There is increased concern for the environment with the use adhesives and the substitution of lead with zinc or steel. Moreover, aftermarket services are still profiting from increased automobile ownership in emerging economies. To augment ride comfort, fuel efficiency, tire life, and performance of the vehicle, OEMs and tire servicing firms are equipping vehicles with sophisticated balancing systems making the market indispensable.
 

The growing adoption of electric and hybrid vehicles is driving more change in the tire balance weight market. These two types of vehicles add weight in the form of batteries, which demand accurate wheel balancing to maximize its efficiency. In addition, the automation of wheel servicing equipment, such as self-operating tire changers and AI balancing machines, is raising the standards for the accuracy and efficiency of wheel balancing. Market players who focus on R&D, sustainable approaches and global distribution will likely acquire significant market share in the succeeding years.
 

The initiatives by OEMs, manufacturers of workshop equipment and innovators of raw materials are redefining limits within the tire balance weight industry.

Each company strives to manufacture cost-effective, simple-to-install, suitable for both economy and luxury vehicles, corrosion-resistant balances. Tire balancing will become indispensable with data-driven and customer-centric automotive servicing globally. In conclusion, it appears to me that the main driving forces of growth will be regulatory compliance innovation, user experience improvements, and customer engagement touchpoints.
 

Tire Balance Weight Industry News

  • In April 2025, Hunter Engineering introduced the Smart Weight Elite wheel balancer on November 15, 2021, and they are planning to launch the TCX53Pro tabletop tire changer in 2025. These pieces of equipment still prove Hunter’s industry innovations leadership and enhance balancing effectiveness and overall tire shop utility.
     
  • In March 2024, Hunter Engineering enhanced its SmartWeight wheel balancing system, integrating the first-of-its-kind ExactPosition laser-vision feature on SmartWeight Pro balancers. This innovation uses precise lasers to measure wheel width and placement, delivering single weight balancing up to 60% of the time, reducing overall weight usage by roughly 35%. The upgrade simplifies workshop operations with one-knob controls, touchscreen navigation, and real-time in-app training—streamlining efficiency and accuracy in wheel servicing.
     
  • In February 2024, WEGMANN Automotive introduced several new adhesive-based solutions under its HOFMANN POWER WEIGHT brand at the Tire Cologne exhibition. Highlights include the Adhesive Weight Roll Type 355 2.0 with optimized segment geometry, SPEEDLINER and ULTRALINER tapes for enhanced bonding and removal, and innovative application tools like SPEEDCUT and a magnetic knock-on aid. These innovations aim to improve wheel balancing efficiency and accuracy for automotive workshops, addressing rising demands for faster service and cleaner, more precise installations.
     
  • In January 2024, 3M launched the PN99427 mechanical replacement wheel weight which is, in fact, an adhesive-backed technological solution designed to substitute for clip-on weights. This product, made with 3M attachment tape, provides benefits such as protection against corrosion, simplified parts stocking, improved appearance, and better overall automotive wheel maintenance. This reinforces 3M’s dedication towards precision and automotive alloy wheel maintenance.
     

The tire balance weight market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue (USD Million) and volume (units) from 2021 to 2034, for the following segments:

Market, By Product

  • Clip-on weights
  • Adhesive/stick-on weights

Market, By Material

  • Steel
  • Zinc
  • Lead
  • Others

Market, By Vehicle

  • Passenger cars
    • Hatchback
    • Sedans
    • SUVs (Sport utility vehicles)
  • Commercial vehicles
    • Light commercial vehicles (LCV)
    • Medium commercial vehicles (MCV)
    • Heavy commercial vehicles (HCV)
  • Two-wheelers
  • Off-road vehicles

Market, By End Use

  • Automotive workshops
  • Tire shops
  • Vehicle manufacturers
  • Fleet operators

Market, By Sales channel

  • OEM (original equipment manufacturers)
  • Aftermarket

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Russia
    • Nordics
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Malaysia
    • Singapore
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • MEA
    • UAE
    • Saudi Arabia
    • South Africa

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Russia
    • Nordics
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Malaysia
    • Singapore
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • MEA
    • UAE
    • Saudi Arabia
    • South Africa
Authors: Preeti Wadhwani, Satyam Jaiswal
Frequently Asked Question(FAQ) :
Who are the key players in tire balance weight industry?
Some of the major players in the industry include 3M Company, Baolong Automotive, Cangzhou Yaqiya Auto Parts (Yaqiya), Hennessy Industries (now part of Coats Company), Hunter Engineering Company, Plombco, TOHO KOGYO Co., Trax JH, WEGMANN Automotive, and Würth USA.
How big is the tire balance weight market?
How much is the U.S. tire balance weight market worth in 2024?
What is the size of clip-on weights segment in the tire balance weight industry?
Tire Balance Weight Market Scope
  • Tire Balance Weight Market Size
  • Tire Balance Weight Market Trends
  • Tire Balance Weight Market Analysis
  • Tire Balance Weight Market Share
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    Base Year: 2024

    Companies covered: 20

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