Press release
Automotive Aluminum Alloy Wheels Market Insights by Growth, Emerging Trends and Forecast by 2022-2030
Global Automotive Aluminum Alloy Wheels Market
Automotive Aluminum Alloy Wheel is made by the aluminum alloy. The aluminum alloy wheel usually has better heat conduction and the weight is also lighter than the steel wheel. The aluminum alloy has relative smaller strength than the steel wheel, so it is applied in the passenger vehicle more than commercial vehicle.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.
Global Automotive Aluminum Alloy Wheels Market: Major Players
Borbet
CITIC Dicastal
ENKEI
Ronal Wheels
CM Wheels
CITIC Dicastal
Maxion Wheels
Ronal Wheels
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Global Automotive Aluminum Alloy Wheels Market: Types
Painting Wheels
Polished Wheels
Plating Wheels
Vacuum Plating Wheel
Global Automotive Aluminum Alloy Wheels Market: Applications
Passenger Cars
Commercial Vehicles
Global Automotive Aluminum Alloy Wheels 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 Automotive Aluminum Alloy Wheels 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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• To understanding the key product segments and their future
• This report provides pin-point analysis for changing competitive dynamics
• Automotive Aluminum Alloy Wheels market provides a forward looking perspective on various factors driving or restraining market growth.
• Transfer of more accurate information for clinical trials in research sizing and realistic recruitment for various countries
• Automotive Aluminum Alloy Wheels Market helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
• To provides distinctive graphics and exemplified SWOT analysis of major market segments
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