Press release
Forged Alloy Alumunium Wheel Market Size 2025, Industry Forecast, Key Trends, Key Manufacturers, Growth Opportunities and Strategic Insights
The report titled, "Global Forged Alloy Alumunium Wheel Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031" has been recently published by QY Research. The authors of the report have done extensive study of the global Forged Alloy Alumunium Wheel market keeping in mind the key aspects such as growth determinants, opportunities, challenges, restraints, and market developments. This analysis will enrich the ability of the companies involved in the global Forged Alloy Alumunium Wheel market to make precise decisions. The report also emphasizes on the current and future trends in the global Forged Alloy Alumunium Wheel market, which may bode well for the global Forged Alloy Alumunium Wheel market in the coming years. Impact of the driving factors on the global Forged Alloy Alumunium Wheel market growth has been mapped by the report. Besides, factors that are likely to challenge the global Forged Alloy Alumunium Wheel market growth in the years to come are discussed by the industry experts in the report.The global market for Forged Alloy Alumunium Wheel was estimated to be worth US$ 4803 million in 2024 and is forecast to a readjusted size of US$ 7430 million by 2031 with a CAGR of 6.5% during the forecast period 2025-2031.
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A key driver of the forged alloy aluminum wheel market is the increasing demand for high-performance and lightweight automotive components. Forged aluminum wheels are produced using a high-pressure forging process that enhances the material's grain structure, resulting in superior strength-to-weight ratios compared to cast wheels. This allows for thinner, lighter wheels without compromising structural integrity, which is particularly important for sports cars, luxury vehicles, electric vehicles (EVs), and performance-oriented models. Lighter wheels reduce unsprung mass, which improves handling, acceleration, and braking performance-benefits highly valued by both consumers and automakers striving for enhanced vehicle dynamics and fuel efficiency.
Additionally, the growing emphasis on sustainability and energy efficiency in the automotive sector is boosting demand for lightweight components to meet regulatory requirements for carbon emissions. Automakers are increasingly incorporating forged aluminum wheels to optimize vehicle weight and improve range in EVs. Moreover, the expanding premium vehicle segment and rising consumer interest in vehicle customization and motorsports culture are driving demand for forged wheels in both OEM and aftermarket channels, particularly in regions like North America, Europe, and China.
Despite their advantages, the forged alloy aluminum wheel market faces notable challenges, primarily due to the high cost of production. The forging process involves advanced machinery, high-grade aluminum billets, and precise engineering, all of which contribute to significantly higher manufacturing costs compared to cast or steel wheels. These high costs are typically passed on to consumers, making forged wheels less accessible in mass-market or price-sensitive vehicle segments. Additionally, the forging process requires substantial energy and resource input, raising concerns about environmental sustainability, especially as regulatory bodies place greater scrutiny on energy consumption and industrial emissions. While forged wheels are stronger and more durable, their repairability is limited-cracks or significant deformations often necessitate full replacement rather than repair, which further raises ownership costs.
Moreover, the market is vulnerable to fluctuations in raw material prices (especially aluminum) and supply chain disruptions, which can impact both pricing and delivery schedules. Limited production capacity and technical barriers to entry also constrain new entrants, reducing competition and innovation speed in some regions. To ensure long-term growth, manufacturers must focus on reducing production costs through process optimization, improving recyclability, and developing innovative materials that combine strength, lightness, and cost-efficiency.
Competitive landscape is one of the most interesting subjects of any market research study. It provides readers with important information on competition trends, prominent players, and nature of competition. In this report, the authors have profiled some of the top-ranking as well as other players of the global Forged Alloy Alumunium Wheel market. In the company profiling section, each player is comprehensively studied while focusing on its market share, recent developments, production, gross revenue, profit margin, and other factors. The competitive analysis shared in the report will help players to improve their strategies to better compete with other companies.
Top Players operating in the global Forged Alloy Alumunium Wheel Market are:
Arconic
Otto Fuchs
Superior Industries
CITIC Dicastal
Hongxin Wheel
BORBET AG
Accuride Corporation
BBS Autotechnik GmbH
Ronal Wheels (Ronal Group)
RAYS Wheels Co., Ltd.
Lizhong Group
Pomlead
Zeroneal
Zhengxing Group
SAI
Alcoa Corporation
Superior Industries International, Inc.
ENKEI Corporation
Maxion Wheels (Maxion Vehicle Solutions)
Foshan Nanhai Zhongnan Aluminium Wheel Co., Ltd.
Shandong Meika Wheel Co., Ltd.
Telsun Industry Co., Ltd.
Zhejiang Jinfei Wheel Co., Ltd.
Gough Group (Forged Alloy Wheels)
Market Segmentation
The report offers deep insights into leading segments of the global Forged Alloy Alumunium Wheel market and explains key factors helping them to collect a larger share. It provides accurate growth rate and market size achieved by each segment during the forecast period. This will help players to identify lucrative segments and plan out specific strategies to gain maximum profit from them. The report also includes sales growth, revenue, and price changes observed in important segments. Most importantly, the segmental analysis equips players with useful information and data to make the best of opportunities available in different segments.
Details of Forged Alloy Alumunium Wheel Market Segmentation: -
Segment by Type:
OEM
Aftermarket
Segment by Application:
Passenger Vehicle
Commercial Vehicle
Regional Analysis:
The report offers a deep geographical study of the global Forged Alloy Alumunium Wheel market where growth prospects in key regions and countries are identified to help players expand their market presence. Market drivers for each regional market are broadly analyzed in the report. Moreover, the geographical analysis provided in the report could help readers to become familiar with challenges that are specific to the regional markets analyzed. All the regional and country-wise markets studied in the report are analyzed on the basis of growth rate, value, volume, and other vital factors. This will help readers to gain in-depth knowledge of the regional growth of the Forged Alloy Alumunium Wheel market.
Highlights of Report
(1) Buyers of the report will have access to unique information about top 10 players of the global Forged Alloy Alumunium Wheel market
(2) The report informs readers about future products and technologies to be introduced in the global Forged Alloy Alumunium Wheel market
(3) Readers are offered with comprehensive analysis on key revenue pockets of the global Forged Alloy Alumunium Wheel market
(4) The report provides details about long-term and short-term strategies adopted by major players of the global Forged Alloy Alumunium Wheel market
(5) The authors of the report have provided demand and growth trends of the global Forged Alloy Alumunium Wheel market and also its segments
(6) In the geographical analysis section, the report discusses about recent market developments in different regions and countries.
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Table of Content
1 Market Overview
1.1 Forged Alloy Alumunium Wheel Product Introduction
1.2 Global Forged Alloy Alumunium Wheel Market Size Forecast
1.2.1 Global Forged Alloy Alumunium Wheel Sales Value (2020-2031)
1.2.2 Global Forged Alloy Alumunium Wheel Sales Volume (2020-2031)
1.2.3 Global Forged Alloy Alumunium Wheel Sales Price (2020-2031)
1.3 Forged Alloy Alumunium Wheel Market Trends & Drivers
1.3.1 Forged Alloy Alumunium Wheel Industry Trends
1.3.2 Forged Alloy Alumunium Wheel Market Drivers & Opportunity
1.3.3 Forged Alloy Alumunium Wheel Market Challenges
1.3.4 Forged Alloy Alumunium Wheel Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Forged Alloy Alumunium Wheel Players Revenue Ranking (2024)
2.2 Global Forged Alloy Alumunium Wheel Revenue by Company (2020-2025)
2.3 Global Forged Alloy Alumunium Wheel Players Sales Volume Ranking (2024)
2.4 Global Forged Alloy Alumunium Wheel Sales Volume by Company Players (2020-2025)
2.5 Global Forged Alloy Alumunium Wheel Average Price by Company (2020-2025)
2.6 Key Manufacturers Forged Alloy Alumunium Wheel Manufacturing Base and Headquarters
2.7 Key Manufacturers Forged Alloy Alumunium Wheel Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Forged Alloy Alumunium Wheel
2.9 Forged Alloy Alumunium Wheel Market Competitive Analysis
2.9.1 Forged Alloy Alumunium Wheel Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Forged Alloy Alumunium Wheel Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Forged Alloy Alumunium Wheel as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 OEM
3.1.2 Aftermarket
3.2 Global Forged Alloy Alumunium Wheel Sales Value by Type
3.2.1 Global Forged Alloy Alumunium Wheel Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Forged Alloy Alumunium Wheel Sales Value, by Type (2020-2031)
3.2.3 Global Forged Alloy Alumunium Wheel Sales Value, by Type (%) (2020-2031)
3.3 Global Forged Alloy Alumunium Wheel Sales Volume by Type
3.3.1 Global Forged Alloy Alumunium Wheel Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Forged Alloy Alumunium Wheel Sales Volume, by Type (2020-2031)
3.3.3 Global Forged Alloy Alumunium Wheel Sales Volume, by Type (%) (2020-2031)
3.4 Global Forged Alloy Alumunium Wheel Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Passenger Vehicle
4.1.2 Commercial Vehicle
4.2 Global Forged Alloy Alumunium Wheel Sales Value by Application
4.2.1 Global Forged Alloy Alumunium Wheel Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Forged Alloy Alumunium Wheel Sales Value, by Application (2020-2031)
4.2.3 Global Forged Alloy Alumunium Wheel Sales Value, by Application (%) (2020-2031)
4.3 Global Forged Alloy Alumunium Wheel Sales Volume by Application
4.3.1 Global Forged Alloy Alumunium Wheel Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Forged Alloy Alumunium Wheel Sales Volume, by Application (2020-2031)
4.3.3 Global Forged Alloy Alumunium Wheel Sales Volume, by Application (%) (2020-2031)
4.4 Global Forged Alloy Alumunium Wheel Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Forged Alloy Alumunium Wheel Sales Value by Region
5.1.1 Global Forged Alloy Alumunium Wheel Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Forged Alloy Alumunium Wheel Sales Value by Region (2020-2025)
5.1.3 Global Forged Alloy Alumunium Wheel Sales Value by Region (2026-2031)
5.1.4 Global Forged Alloy Alumunium Wheel Sales Value by Region (%), (2020-2031)
5.2 Global Forged Alloy Alumunium Wheel Sales Volume by Region
5.2.1 Global Forged Alloy Alumunium Wheel Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Forged Alloy Alumunium Wheel Sales Volume by Region (2020-2025)
5.2.3 Global Forged Alloy Alumunium Wheel Sales Volume by Region (2026-2031)
5.2.4 Global Forged Alloy Alumunium Wheel Sales Volume by Region (%), (2020-2031)
5.3 Global Forged Alloy Alumunium Wheel Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Forged Alloy Alumunium Wheel Sales Value, 2020-2031
5.4.2 North America Forged Alloy Alumunium Wheel Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Forged Alloy Alumunium Wheel Sales Value, 2020-2031
5.5.2 Europe Forged Alloy Alumunium Wheel Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Forged Alloy Alumunium Wheel Sales Value, 2020-2031
5.6.2 Asia Pacific Forged Alloy Alumunium Wheel Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Forged Alloy Alumunium Wheel Sales Value, 2020-2031
5.7.2 South America Forged Alloy Alumunium Wheel Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Forged Alloy Alumunium Wheel Sales Value, 2020-2031
5.8.2 Middle East & Africa Forged Alloy Alumunium Wheel Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Forged Alloy Alumunium Wheel Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Forged Alloy Alumunium Wheel Sales Value and Sales Volume
6.2.1 Key Countries/Regions Forged Alloy Alumunium Wheel Sales Value, 2020-2031
6.2.2 Key Countries/Regions Forged Alloy Alumunium Wheel Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Forged Alloy Alumunium Wheel Sales Value, 2020-2031
6.3.2 United States Forged Alloy Alumunium Wheel Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Forged Alloy Alumunium Wheel Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Forged Alloy Alumunium Wheel Sales Value, 2020-2031
6.4.2 Europe Forged Alloy Alumunium Wheel Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Forged Alloy Alumunium Wheel Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Forged Alloy Alumunium Wheel Sales Value, 2020-2031
6.5.2 China Forged Alloy Alumunium Wheel Sales Value by Type (%), 2024 VS 2031
6.5.3 China Forged Alloy Alumunium Wheel Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Forged Alloy Alumunium Wheel Sales Value, 2020-2031
6.6.2 Japan Forged Alloy Alumunium Wheel Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Forged Alloy Alumunium Wheel Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Forged Alloy Alumunium Wheel Sales Value, 2020-2031
6.7.2 South Korea Forged Alloy Alumunium Wheel Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Forged Alloy Alumunium Wheel Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Forged Alloy Alumunium Wheel Sales Value, 2020-2031
6.8.2 Southeast Asia Forged Alloy Alumunium Wheel Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Forged Alloy Alumunium Wheel Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Forged Alloy Alumunium Wheel Sales Value, 2020-2031
6.9.2 India Forged Alloy Alumunium Wheel Sales Value by Type (%), 2024 VS 2031
6.9.3 India Forged Alloy Alumunium Wheel Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Arconic
7.1.1 Arconic Company Information
7.1.2 Arconic Introduction and Business Overview
7.1.3 Arconic Forged Alloy Alumunium Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Arconic Forged Alloy Alumunium Wheel Product Offerings
7.1.5 Arconic Recent Development
7.2 Otto Fuchs
7.2.1 Otto Fuchs Company Information
7.2.2 Otto Fuchs Introduction and Business Overview
7.2.3 Otto Fuchs Forged Alloy Alumunium Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Otto Fuchs Forged Alloy Alumunium Wheel Product Offerings
7.2.5 Otto Fuchs Recent Development
7.3 Superior Industries
7.3.1 Superior Industries Company Information
7.3.2 Superior Industries Introduction and Business Overview
7.3.3 Superior Industries Forged Alloy Alumunium Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Superior Industries Forged Alloy Alumunium Wheel Product Offerings
7.3.5 Superior Industries Recent Development
7.4 CITIC Dicastal
7.4.1 CITIC Dicastal Company Information
7.4.2 CITIC Dicastal Introduction and Business Overview
7.4.3 CITIC Dicastal Forged Alloy Alumunium Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 CITIC Dicastal Forged Alloy Alumunium Wheel Product Offerings
7.4.5 CITIC Dicastal Recent Development
7.5 Hongxin Wheel
7.5.1 Hongxin Wheel Company Information
7.5.2 Hongxin Wheel Introduction and Business Overview
7.5.3 Hongxin Wheel Forged Alloy Alumunium Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Hongxin Wheel Forged Alloy Alumunium Wheel Product Offerings
7.5.5 Hongxin Wheel Recent Development
7.6 Borbet
7.6.1 Borbet Company Information
7.6.2 Borbet Introduction and Business Overview
7.6.3 Borbet Forged Alloy Alumunium Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Borbet Forged Alloy Alumunium Wheel Product Offerings
7.6.5 Borbet Recent Development
7.7 Accuride
7.7.1 Accuride Company Information
7.7.2 Accuride Introduction and Business Overview
7.7.3 Accuride Forged Alloy Alumunium Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Accuride Forged Alloy Alumunium Wheel Product Offerings
7.7.5 Accuride Recent Development
7.8 BBS JAPAN
7.8.1 BBS JAPAN Company Information
7.8.2 BBS JAPAN Introduction and Business Overview
7.8.3 BBS JAPAN Forged Alloy Alumunium Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 BBS JAPAN Forged Alloy Alumunium Wheel Product Offerings
7.8.5 BBS JAPAN Recent Development
7.9 Ronal Wheels
7.9.1 Ronal Wheels Company Information
7.9.2 Ronal Wheels Introduction and Business Overview
7.9.3 Ronal Wheels Forged Alloy Alumunium Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Ronal Wheels Forged Alloy Alumunium Wheel Product Offerings
7.9.5 Ronal Wheels Recent Development
7.10 RAYS Wheels
7.10.1 RAYS Wheels Company Information
7.10.2 RAYS Wheels Introduction and Business Overview
7.10.3 RAYS Wheels Forged Alloy Alumunium Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 RAYS Wheels Forged Alloy Alumunium Wheel Product Offerings
7.10.5 RAYS Wheels Recent Development
7.11 Lizhong Group
7.11.1 Lizhong Group Company Information
7.11.2 Lizhong Group Introduction and Business Overview
7.11.3 Lizhong Group Forged Alloy Alumunium Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Lizhong Group Forged Alloy Alumunium Wheel Product Offerings
7.11.5 Lizhong Group Recent Development
7.12 Pomlead
7.12.1 Pomlead Company Information
7.12.2 Pomlead Introduction and Business Overview
7.12.3 Pomlead Forged Alloy Alumunium Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 Pomlead Forged Alloy Alumunium Wheel Product Offerings
7.12.5 Pomlead Recent Development
7.13 Zeroneal
7.13.1 Zeroneal Company Information
7.13.2 Zeroneal Introduction and Business Overview
7.13.3 Zeroneal Forged Alloy Alumunium Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 Zeroneal Forged Alloy Alumunium Wheel Product Offerings
7.13.5 Zeroneal Recent Development
7.14 Zhengxing Group
7.14.1 Zhengxing Group Company Information
7.14.2 Zhengxing Group Introduction and Business Overview
7.14.3 Zhengxing Group Forged Alloy Alumunium Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 Zhengxing Group Forged Alloy Alumunium Wheel Product Offerings
7.14.5 Zhengxing Group Recent Development
7.15 SAI
7.15.1 SAI Company Information
7.15.2 SAI Introduction and Business Overview
7.15.3 SAI Forged Alloy Alumunium Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
7.15.4 SAI Forged Alloy Alumunium Wheel Product Offerings
7.15.5 SAI Recent Development
8 Industry Chain Analysis
8.1 Forged Alloy Alumunium Wheel Industrial Chain
8.2 Forged Alloy Alumunium Wheel Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Forged Alloy Alumunium Wheel Sales Model
8.5.2 Sales Channel
8.5.3 Forged Alloy Alumunium Wheel Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
This Forged Alloy Alumunium Wheel Market Research Report Contains Answers to your following Questions
(A) Which Manufacturing Technology is Used for Forged Alloy Alumunium Wheel? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
(B) Who Are the Global Key Players in This Forged Alloy Alumunium Wheel Market? What's Their Company Profile, Their Product Information, and Contact Information?
(C) What Was Global Market Status of Forged Alloy Alumunium Wheel Market? What Was Capacity, Production Value, Cost and PROFIT of Forged Alloy Alumunium Wheel Market?
(D) What Is Current Market Status of Forged Alloy Alumunium Wheel Industry? What's Market Competition in This Industry, Both Company, and Country Wise? What's Market Analysis of Forged Alloy Alumunium Wheel Market by Taking Applications and Types in Consideration?
(E) What Are Projections of Global Forged Alloy Alumunium Wheel Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
(F) What Is Forged Alloy Alumunium Wheel Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
(G) What Is Economic Impact On Forged Alloy Alumunium Wheel Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
(H) What Are Market Dynamics of Forged Alloy Alumunium Wheel Market? What Are Challenges and Opportunities?
(I) What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Forged Alloy Alumunium Wheel Industry?
About QYResearch
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