Tire Balance describes the distribution of mass within an automobile tire or the entire wheel (including the rim) to which it is attached.
Market Analysis and Insights: Global and United States Tire Balance Market
This report focuses on global and United States Tire Balance market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Tire Balance market size is estimated to be worth US$ 675.2 million in 2022 and is forecast to a readjusted size of US$ 806.2 million by 2028 with a CAGR of 3.0% during the review period. Fully considering the economic change by this health crisis, by Type, Clip-On Type accounting for % of the Tire Balance global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Passenger Vehicle was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
In United States the Tire Balance market size is expected to grow from US$ million in 2021 to US$ million by 2028, at a CAGR of % during the forecast period.
Global Tire Balance Scope and Market Size
Tire Balance market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Tire Balance market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Tire Balance market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Clip-On Type
Adhesive Type
Segment by Application
Passenger Vehicle
Commercial Vehicle
Motorcycle
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
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