Global Automotive Metal Wheel Market Review: Studied and Analyzed till 2022 in New Business Study

The rapidly expanding automotive metal wheel market is the focus of a new report added to the market intelligence repository of Fact.MR. This 170-page broad study is headlined as “Automotive Metal Wheel Market Research Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” which noticeably examines the prospects of the global automotive metal wheel industry till the end of 2022, using the market’s development trajectory in the recent past as the key indicator of actionable insights into the market’s growth pattern. A blend of primary & secondary research has been implemented for offering estimates and forecasts on the concerned market.

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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.

Casting to Represent a Leading Segment

Steel wheel is expected to register a relatively high revenue growth in the global automotive metal wheel market by the end of 2022. This segment is predicted to represent nearly US$ 11,000 Mn in terms of revenue during the predicted period. APEJ is expected to remain the largest market for metal wheel materials globally. Steel wheel is predicted to register the highest CAGR growth among other materials in the global market, followed by aluminum alloy wheel. In terms of revenue, aluminum alloy wheels is expected to reflect the second highest growth in the global automotive metal wheel market by 2022 – end.

Aftermarket is predicted to register the highest CAGR in the global automotive metal wheels through 2022. In terms of revenue, this segment is expected to reflect the highest growth, and is predicted to represent over US$ 18,000 Mn in 2017. OEM is expected to register the second highest revenue growth in the global automotive metal wheel market.

Throughout 2022, luxury passenger car is expected to register the highest CAGR growth in the global automotive metal wheel market, followed by heavy commercial vehicles. Compact passenger car is predicted to reflect the highest revenue growth, and is predicted to represent over US$ 8,500 Mn by the end of 2022. In terms of revenue, mid-sized passenger cars is expected to reflect the second highest growth among other vehicles in the global automotive metal wheel market by 2022 – end. Light commercial vehicles and mid-sized passenger cars is expected to register parallel CAGR growth in the global market.

In terms of technology, casting is expected to register the highest revenue growth in the global automotive metal wheel market. This segment is expected to represent over US$ 19,000 Mn in the global market in 2017. Further, casting is predicted to register the highest CAGR in the global automotive metal wheel market throughout 2022. Forging among other technologies is predicted to register the second highest revenue growth in the global automotive metal wheel market by the end of 2017.

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.

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Table of Contents:

Global Automotive Metal Wheel Market – Executive Summary
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
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
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
Continued……..

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