Automotive Aluminum Alloy Wheels Market

The global Automotive Aluminum Alloy Wheels market was valued at 127.49 Million USD in 2021 and will grow with a CAGR of 2.25% from 2021 to 2027, based on newly published report.

The prime objective of Automotive Aluminum Alloy Wheels Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Automotive Aluminum Alloy Wheels Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Automotive Aluminum Alloy Wheel is made by the aluminum alloy. The aluminum alloy wheel usually has better heat conduction and the weight is also lighter than the steel wheel. The aluminum alloy has relative smaller strength than the steel wheel, so it is applied in the passenger vehicle more than commercial vehicle.The classification of Automotive Aluminum Alloy Wheel includes Casting, Forging and Other. The proportion of Casting in 2017 is about 80.15%. Cast wheels are cheaper than forged wheels, which are lighter and stronger. Automotive Aluminum Alloy Wheel are widely used in Passenger Vehicle and Commercial Vehicle. The more than half of Automotive Aluminum Alloy Wheel is used in Passenger Vehicle, and the sales proportion in 2017 is about 94% China and Europe is the main consumption places, with a consumption market share nearly 28.66% and 24.65% in 2017. Other regions also enjoy the major market share in global region. In the future, the automotive aluminum alloy wheel will have a good future; the price fluctuation has relationship with the raw material. The technology will more mature and the monopoly phenomenon will be weakening. The installed rate in the commercial vehicle will increase.

By Market Verdors:

Zhongnan Aluminum Wheels

YHI

Yueling Wheels

Guangdong Dcenti Auto-Parts

Zhejiang Jinfei

Wanfeng Auto

Lizhong Group

CITIC Dicastal

Borbet

Ronal Wheels

Alcoa

Superior Industries

Iochpe-Maxion

Uniwheel Group

Enkei Wheels

Accuride

Topy Group

By Types:

Casting

Forging

By Applications:

Passenger Vehicle

Commercial Vehicle

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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