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the global Industrial Counterweights Market size will grow to USD 8.5 billion by 2026 (forecast year) from USD 6.7 billion in 2021 (estimated year), at a CAGR of 4.5% during the forecast period. The purpose of a counterweight is to make lifting the load faster and more efficient, which saves energy and is less taxing on the lifting machine. Counterweights are used to counterbalance the weight and maintain stability and are required to complete various operations in industries such as industrial manufacturing, marine, renewables, construction, mining, and agriculture. Increasing demand from the construction industry in the industrial environment to offer lucrative opportunities for the Industrial Counterweights Market during the forecast period.

The industrial counterweights market is expected to grow from an estimated USD 6.7 million in 2021 to USD 8.5 million by 2026, at a CAGR of 4.5% during the forecast period. Cast iron, followed by carbon steel, is widely used in the manufacturing of industrial counterweights. Increasing demand from logistics in industrial environment are expected to offer lucrative opportunities for the industrial counterweights market during the forecast period.

According to the new market research report "Industrial Counterweights Market by Type (Swing Counterweight, Fixed Counterweight), Material (Steel & Iron, Concrete), Application (Elevators, Cranes, Forklift, Excavators, Lifts, Grinding Wheels), End User, and Region-Global forecast to 2026″, size will grow to USD 8.5 billion by 2026 (forecast year) from USD 6.7 billion in 2021 (estimated year), at a CAGR of 4.5% during the forecast period.

Mayco supplies Custom Lead Ballast and Counterweights for any application. Mayco is capable of Custom-Poured Lead Ballast up to 300,000 lbs. We can supply cut weights from extrusions, or we can cast custom weights and counterweights. Mayco offers numerous options to create virtually any shape and size to fit nearly any project.

We do everything we can to ensure our customers benefit from exceptional quality and purity when they use us for their lead shot. This means that, in many cases, our products end up being used for premium, developments. For example, in 2012, 700,000 lbs of Mayco lead shot was used in the Gilmerton Bridge Replacement Project in Chesapeake, VA.