openPR Logo
Press release

Global Automotive Metal Wheel: Analysis of Opportunities Offered by High Growth Economies, Review till 2022

04-06-2018 12:37 PM CET | Industry, Real Estate & Construction

Press release from: Fact.MR



Fact.MR has been actively involved in offering comprehensive research data concerning various topics which are associated to industrial reference and investor utility. This particular research report titled “Automotive Metal Wheel MarketForecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” has been added to the wide online database of FACT.MR which discusses the present as well as future market scenario. Readers can access knowledge related to market volume, regional expanse as well as competitive landscape prevailing in the globalautomotive metal wheel market. In order to study development patterns, this smart assessment also focuses on market dynamics, which talks about drivers, restraints and opportunities estimated to influence the concerned market during the period until 2026.

Request For Sample Report @

The global automotive metal wheel market is expected to reflect a sluggish CAGR growth attributed to availability of light weight wheels. However, lower prices and heavy weight of the wheels has boosted demand for automotive metal wheels in cold countries. Due to its dampened speed and acceleration, manufacturers in cold regions prefer heavy metal wheels for production of vehicles as it is easier to drive in the snow. Steel wheel is expected to register the highest growth in the global market, followed by the aluminum alloy material. In terms of revenue, the aftermarket sales channel is predicted to reflect the highest growth in the global market by 2022 – end. Manufacturers are expected to register a considerable demand for casting technology for production of automotive products.

Automotive metal wheels are used in vehicles to enable faster commutation to distant destinations on ground. Heavy weight wheels witness considerable demand among the manufacturers in cold environments as light weight vehicles are comparatively faster and could skid in the snow. Metal wheels witness steady demand among automotive manufacturers as they are prone to corrosion and rust.

According to Fact.MR, the global automotive metal wheel market is expected to register a slow CAGR growth, and will represent a value of over US$ 90 Bn by the end of 2022.

Factors Fuelling Global Market Growth

Increasing demand for high-speed and light weight vehicles has pulled down demand for metal wheels among automotive manufacturers. Attributed to heavy weight, the vehicles that are equipped with metal wheel have relatively low grip on brakes. Moreover, the vehicles with metal wheels cannot support tires that are tubeless. As metal wheels are subject to rust and corrosion attributed to fluctuating weather, manufacturers prefer using materials such as alloy wheels that are lighter in weight.

Manufacturers based in countries with cold weather witness considerable demand for metal wheels in the automotive sector. Attributed to features such as heavy weight, dampened acceleration and speed, it is easier to drive vehicles equipped with wheels with heavy metal materials as there is lower possibility of skidding. Vehicles equipped with alloy wheels provides relatively fast acceleration and speed, which has more possibility of skidding in snow or hail. Such factors are projected to fuel demand for metal wheels in the automotive industry during the projected period.

Moreover, several automotive companies particularly use metal wheels that are heavy in weight. Due to such factors, the OEM are projected to witness considerable demand. This is projected to contribute towards global market growth of automotive metal wheel during the projected period.

Consumption in the Automotive Industry

Automotive manufacturers prefer using alloy wheels as compared to the metal wheels attributed to features such as heavy weight that could hamper performance of the vehicle. Grip in brakes are lower in the vehicles equipped with metal wheels as compared to the vehicles equipped with alloy wheels. Bound to such factors, the manufacturers prefer other materials such as alloy and aluminum for production of automotive wheels.

Further, vehicles equipped with metal wheels have high dissipation of heat. In addition, these wheels do not support tubeless tires. The metal wheels are also subject to corrosion and rust due to changing weather. Such factors has led manufacturers to prefer using other materials for production of the automotive wheels.

Benefits of Using Metal Wheels

While there are various factors restraining demand for the metal wheels in the automotive industry, various automotive manufacturers based in cold countries are witnessed to use metal for production of various automotive products. Attributed to lower prices, metal is witnessing considerable demand among the manufacturers in the automotive industry. As these wheels are relatively heavy in weight, manufacturers in the cold countries prefer using metal wheels as dampened speed and acceleration enables the driver to drive conveniently in snow. Such factors are likely to impact growth of the global metal wheels market positively during the predicted period. Furthermore, growing need to produce automotive products has revved up demand for metal among original equipment manufacturers. Such factors are likely to contribute towards growth of the global automotive metal wheel market through positively.

Competition Tracking

Leading market players operating in the global automotive metal wheel market include Iochpe-Maxion S.A., CITIC Limited, BORBET GmbH, Superior Industries International, Inc., Topy Industries Ltd., Accuride Corporation, Lizhong Wheel Group Ltd., Zhejiang Jingu Company Limited, Alcar Holding GMBH, and ENKEI Corporation.

Browse Full Report with TOC @

Table of Content

1. Global Automotive Metal Wheel Market - Executive Summary

2. Global Automotive Metal Wheel Market Overview
2.1. Introduction
2.1.1. Global Automotive Metal Wheel Market Taxonomy
2.1.2. Global Automotive Metal Wheel Market Definition
2.2. Global Automotive Metal Wheel Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Automotive Metal Wheel Market Y-o-Y Growth
2.3. Global Automotive Metal Wheel Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Trends
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Raw Material Sourcing Strategy and Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region

3. Global Automotive Metal Wheel Market Analysis and Forecast By Material
3.1. Global Automotive Metal Wheel Market Size and Forecast By Material, 2012-2022
3.1.1. Steel Wheel Automotive Metal Wheel Market Size and Forecast, 2012-2022 Revenue (US$ Mn) Comparison, By Region Market Share Comparison, By Region Y-o-Y growth Comparison, By Region
3.1.2. Aluminium Alloy Wheel Automotive Metal Wheel Market Size and Forecast, 2012-2022 Revenue (US$ Mn) Comparison, By Region Market Share Comparison, By Region Y-o-Y growth Comparison, By Region


Check Discount @

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Automotive Market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us

11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Automotive Metal Wheel: Analysis of Opportunities Offered by High Growth Economies, Review till 2022 here

News-ID: 1006100 • Views: 329

More Releases from Fact.MR

Isocyanates Manufacturers Leveraging Advancements and Modernization in the Adhes …
The recently published report by Fact.MR regarding the global isocyanates market includes product classification and current synopsis along with product upgrades and innovations. Increasing demand from the building and automotive industries is increasing the polyurethane consumption in numerous consumer and industrial applications. Moreover, the thriving pharmaceutical industries, and isocyanates advantageous characteristics are the primary drivers for development in the worldwide isocyanate market. Burgeoning isocyanate acceptance for use in newer vertical
Increasing Commuter Preference for Shared Taxi Will Boost the Demand for Minibus …
Global value for the minibus market reached ~ US$ 8.3 Bn in 2018, as disclosed by the new research study by Fact.MR. According to the report, the minibus market is predicted to grow by CAGR of ~3.7% in the forecast period, primarily influenced by prominent players investing in manufacturing operations in the global minibus market landscape. According to the research, an increasing center of attention on new developments and the demand
Ergonomic Designs of Furniture and a Favourable Policy Framework for Newer Entra …
The global office furniture market is expected to create ~ US$ 22 Billion worth of incremental opportunity over the forecast period. Since the last two decades, the number of small, micro, and medium-sized enterprises has increased drastically in developed and developing countries. Moreover, constant provision from private investments and governments is fueling the growth of the private sector, which is further propelling the office furniture market growth to a great
Cyclopentane Market Statistics Based on Upcoming Chemical Industry Trends and Su …
The adoption of cyclopentane in commercial refrigerators has opened up new opportunities for the global cyclopentane market. Cyclopentane is popularly used as a foam blowing agent for polyurethane foams that are used to insulate freezers and refrigerators. The commercial refrigerator sector is experiencing a healthy growth across the globe, with Asia pacific region as the fastest growing region. The importance of commercial refrigerators is also increasing due to fluctuating climatic

All 5 Releases

More Releases for Automotive

Automotive Sunroof Market
Automotive Sunroof is a fixed or operable opening in vehicle that allows light or fresh air to enter inside a car. Sunroof are of many shapes and sizes and styles and they are either manually driver or motor driven. Increasing demand for premium cars and growing need to control light inside the vehicle is fueling the growth of automotive sunroof market. The major driver influencing the growth of automotive sunroof is
Automotive MEMS Sensor
The Insight Partners added “Laser Technology Market to 2025” to its research database. The report is spread across 150 pages and supported by 10 company leaders. A laser is a coherent and focused beam of photons; coherent, in this context, means that it is all one wavelength, unlike ordinary light which showers on us in many wavelengths. Laser technology is used for an extensive range of professional field measurement applications which
Automotive Air Filter Market
An automotive air filter is a device that is made up of fibrous materials that removes solid particulates like pollen, dust, bacteria, and mould from the intake air. A chemical type of air filter consist of a catalyst or absorbent for removing molecular contaminants like ozone or volatile organic compounds. Air filters are being used in applications where air quality is of vital importance, notably in building ventilation systems and
Automotive Fasteners Market
Fasteners are the mechanical components that holds, joins or affixes two or more parts together, automotive industry is the largest market for the fastener. Automotive fasteners are made up of various materials such as Iron, Aluminum, Brass, Nickel, Stainless steel, Plastic, they are further classified with their distinct characteristics. Automotive fasteners are generally used for the clamping parts of vehicle together to avoid their separation or wobbling, transmitting loads as
Automotive Tires Market
The automotive tires play a very important role in vehicle performance along with the vehicle engine. A tire should be fine enough to carry vehicle weight and pressure on any road with superior breaking performances. The manufacturers focus on enhancing the production and performance capabilities of tires to meet with the growing demands of OEMs as well as secondary market.The automotive tires market is expected to grow rapidly in the
Automotive Actuators Market 2017 - AK, FTE automotive’s Automotive Actuators market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market. Request for sample @ The Players mentioned in our report AK FTE automotive The report includes the forecasts, Analysis and discussion of important industry trends,