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Aluminum Alloy Wheel Market Type, Share, Size, Analysis, Trends, Demand and Outlook 2030

11-15-2022 12:37 PM CET | Logistics & Transport

Press release from: Analytics Market Research

Global Aluminum Alloy Wheel Market

Global Aluminum Alloy Wheel Market

Aluminum is used to increase the tensile strength and stiffness of the wheels, lowering the cost of the vehicle. The cooperation of automotive businesses and wheel manufacturers is what is driving the global automotive aluminium alloy wheel market.

Forged aluminium alloy wheels are created by mixing aluminium with other components like silicon, magnesium, or copper. These strong yet lightweight alloys provide advantages over traditional steel wheels in terms of higher fuel efficiency, superior suspension performance, and increased stability at high speeds for vehicles like Formula One race cars. Typically, 60% aluminium is mixed with other substances like copper, silicon, or magnesium.

A high-strength material with exceptional fatigue resistance is deformed aluminium alloy. In addition to aluminium, it also contains varying amounts of magnesium, silica, and copper. These alloys are lighter and stronger than conventional steel, which makes them the perfect material for making car body panels or chassis parts that need to be strong and light, like door frames, engine compartment parts, and air intakes. Aluminum-magnesium-silicon-copper Deformed aluminium alloy, which contains varying amounts of copper, silicon, magnesium, and aluminium in addition to aluminum, is a high strength material with excellent fatigue resistance.

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Global Aluminum Alloy Wheel Market: Major Players
Wanfeng Auto
Enkei Wheels
Topy Group
Uniwheel Group
Kunshan Liufeng
Anchi Aluminum Wheel
Yueling Wheels
Accuride
CITIC Dicastal
YHI International Limited
Borbet
Alcoa
Iochpe-Maxion
Ronal Wheels
Zhejiang Jinfei
Lizhong Group
Superior Industries
Guangdong Dcenti Auto-Parts
Zhongnan Aluminum Wheels

Global Aluminum Alloy Wheel Market: Types
Forging
Casting
Others

Global Aluminum Alloy Wheel Market: Applications
Commercial Vehicle
Passenger Vehicle

Global Aluminum Alloy Wheel Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Aluminum Alloy Wheel market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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Frequently Asked Questions
• What is the aluminum alloy wheel market market size ?
• Aluminum Alloy Wheel Market market growth will increase by $3.45 billion during 2022-2030?
• Which region is more attractive for vendors in the aluminum alloy wheel market market?
• What are the key markets for aluminum alloy wheel market?
• What are the segments covered in the aluminum alloy wheel market market report?
• Who are the key players in the aluminum alloy wheel market market ?
• What are the key factors driving the growth of aluminum alloy wheel market market?

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