Aluminum Alloy Wheels Market Size, Share & Trends Analysis Report by Application by Region (North America, Europe, APAC, MEA), Segment Forecasts, And COVID-19 Impacts, 2014 - 2026

Aluminum Alloy Wheels Market Size, Share & Trends Analysis Report by Application by Region (North America, Europe, APAC, MEA), Segment Forecasts, And COVID-19 Impacts, 2014 - 2026

According to the latest market research report “Aluminum Alloy Wheels Market Size, Share & Trends Analysis Report by Application by Region (North America, Europe, APAC, MEA), Segment Forecasts, And COVID-19 Impacts, 2014 - 2026” released by Global Market Monitor, the global automotive aluminum alloy wheels market is expected to grow at a CAGR of around 2.5% over the next five years to reach $14.7 billion by 2024.

Many wheel rims are made of cast aluminum because their alloy is light and strong. The aluminum alloy used for the wheels usually contains 97% aluminum. Pure aluminum is too soft, so a second metal is added to provide durability.

Many major automobile manufacturers across the globe are introducing self-driving cars with aluminum wheels to improve stability and performance. Asia Pacific leads the market with a market share of nearly 48%, followed by Europe, North America, and South America. The dominance of the Asia-Pacific region can be attributed to the highest number of potential first-time buyers of passenger and commercial vehicles.

Aluminum wheels are lighter than steel wheels and enhance the performance and handling of the vehicle. With the growing demand for light vehicles, many suppliers are offering lightweight aluminum wheels.

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The Major Players Profiled in This Report Include:
Borbet
Ronal Wheels
Enkei Wheels
Superior Industries
Alcoa
Iochpe-Maxion
Uniwheel Group
Accuride
YHI International Limited
Topy Group
CITIC Dicastal
Lizhong Group
Wanfeng Auto
Kunshan Liufeng
Zhejiang Jinfei

The Type and Application Analysis:
On the basis of type, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each type, primarily split into:
Casting
Forging
Others

On the basis of application, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each application/end users, primarily divided into:
Passenger Vehicle
Commercial Vehicle

To Identify the Key Trends in the Industry, Click on the Link Below:
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Full Table of Content
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Aluminum Alloy Wheels Report Table of Content:
Chapter 1 Report Overview
Chapter 2 Market Trends and Competitive Landscape
Chapter 3 Segmentation of Aluminum Alloy Wheels Market by Types
Chapter 4 Segmentation of Aluminum Alloy Wheels Market by End-Users
Chapter 5 Market Analysis by Major Regions
Chapter 6 Product Commodity of Aluminum Alloy Wheels Market in Major Countries
Chapter 7 North America Aluminum Alloy Wheels Landscape Analysis
Chapter 8 Europe Aluminum Alloy Wheels Landscape Analysis
Chapter 9 Asia Pacific Aluminum Alloy Wheels Landscape Analysis
Chapter 10 Latin America, Middle East & Africa Aluminum Alloy Wheels Landscape Analysis
Chapter 11 Major Players Profile
11.1 Borbet

11.1.1 Borbet Company Profile and Recent Development

11.1.2 Market Performance

11.1.3 Product and Service Introduction

11.2 Ronal Wheels

11.2.1 Ronal Wheels Profile and Recent Development

11.2.2 Market Performance

11.2.3 Product and Service Introduction

11.3 Enkei Wheels

11.3.1 Enkei Wheels Company Profile and Recent Development

11.3.2 Market Performance

11.3.3 Product and Service Introduction
…
Chapter 12 Data Source and Research Methodology
The List of Tables and Figures

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Key Questions Answered by This Report:
What is the size and CAGR of the Aluminum Alloy Wheels Market?
What are the key driving factors of the most profitable regional market?
Which are the leading companies in the global market?
How will the Aluminum Alloy Wheels Market advance in the coming years?
What are the main strategies adopted in the global market?
Which region may hit the highest market share in the coming era?
What trends, challenges, and barriers will impact the development and sizing of the Aluminum Alloy Wheels Market?

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