Automotive Aluminum Alloy Wheels Market Size, Key Players Analysis and Forecast To 2026 : Zhongnan Aluminum Wheels, YHI

Latest released, the research study on Global Automotive Aluminum Alloy Wheels Market Report Forecast 2021 - 2026, offers a detailed overview of the factors influencing the global business scope. Automotive Aluminum Alloy Wheels Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Automotive Aluminum Alloy Wheels. The study covers emerging player's data, including competitive landscape, sales, revenue and global market share of top manufacturers are: Zhongnan Aluminum Wheels, YHI, Yueling Wheels, Guangdong Dcenti Auto-Parts, Zhejiang Jinfei, Wanfeng Auto, Lizhong, CITIC Dicastal, Borbet, Ronal Wheels, Alcoa, Superior Industries, Iochpe-Maxion, Uniwheel, Enkei Wheels, Accuride, Topy

Over the next five years the Automotive Aluminum Alloy Wheels market will register a 2.5% CAGR in terms of revenue, the global market size will reach US$ 14740 million by 2026, from US$ 13360 million in 2020.

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Covid-19 Impact and Recovery Analysis:

The global Automotive Aluminum Alloy Wheels market report also includes the impact of the Covid-19 pandemic. Moreover, it offers an exhaustive analysis of aspects that will encounter the development of the market pre & post Covid-19 pandemic.

Automotive Aluminum Alloy Wheels Market Overview

The report also assesses the key opportunities in the Automotive Aluminum Alloy Wheels market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global Automotive Aluminum Alloy Wheels Market has also been forecasted for the period 2021-2026, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

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.

Market Segmentation:

By Type:

Casting

Forging

Other

By Application:

Passenger Vehicle

Commercial Vehicle

Regional Analysis:

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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What is our Automotive Aluminum Alloy Wheels Market report scope?

The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2021-2026. The report presents the analysis of Automotive Aluminum Alloy Wheels market for the historical period of 2016-2021 and the forecast period of 2021-2026.

Key Takeaways from this Automotive Aluminum Alloy Wheels Report

-Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.

-Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.

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-Analyze the sales and distribution channels across key geographies to improve top-line revenues.

-Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

-Get a quick outlook on the market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

-Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.

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