Forged Alloy Aluminum Wheel Market

Forged aluminium wheels are one-piece wheels formed from a single block of metal by hot forging, followed by hot or cold spinning and the necessary machining operations. The forging process permits flexibility in design of the styled disk, almost similar to cast wheels. Onepiece forging is considered superior to other forms of wheel manufacturing in providing ultimate strength while reducing weight compared to cast and multi-piece aluminium wheels.

Forged Alloy Aluminum Wheel Market contains market size and forecasts of Forged Alloy Aluminum Wheel in global, including the following market information:

Global Forged Alloy Aluminum Wheel Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Forged Alloy Aluminum Wheel Market Sales, 2017-2022, 2023-2028, (K Unit)

Global top five Forged Alloy Aluminum Wheel companies in 2021 (%)

The global Forged Alloy Aluminum Wheel market was valued at 3651.7 million in 2021 and is projected to reach US$ 5130.3 million by 2028, at a CAGR of 5.0% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

OEM Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Forged Alloy Aluminum Wheel include Arconic, Superior Industries, CITIC Dicastal, Gemsy Wheels, Hongxin Wheel, Borbet, Accuride, BBS JAPAN and Ronal Wheels, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Forged Alloy Aluminum Wheel manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Forged Alloy Aluminum Wheel Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Unit)

Global Forged Alloy Aluminum Wheel Market Segment Percentages, by Type, 2021 (%)

OEM

Aftermarket

Global Forged Alloy Aluminum Wheel Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Unit)

Global Forged Alloy Aluminum Wheel Market Segment Percentages, by Application, 2021 (%)

Passenger Vehicle

Commercial Vehicle

Global Forged Alloy Aluminum Wheel Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Unit)

Global Forged Alloy Aluminum Wheel Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Forged Alloy Aluminum Wheel revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Forged Alloy Aluminum Wheel revenues share in global market, 2021 (%)

Key companies Forged Alloy Aluminum Wheel sales in global market, 2017-2022 (Estimated), (K Unit)

Key companies Forged Alloy Aluminum Wheel sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Arconic

Superior Industries

CITIC Dicastal

Gemsy Wheels

Hongxin Wheel

Borbet

Accuride

BBS JAPAN

Ronal Wheels

Wanfeng Auto

RAYS Wheels

Zhejiang Jinfei

Lizhong Group