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.
The report offers detailed coverage of Automotive Aluminum Alloy Wheels industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Automotive Aluminum Alloy Wheels by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Automotive Aluminum Alloy Wheels market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Automotive Aluminum Alloy Wheels market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Zhongnan Aluminum Wheels
YHI
Yueling Wheels
Guangdong Dcenti Auto-Parts
Zhejiang Jinfei
Wanfeng Auto
Lizhong Group
CITIC Dicastal
Borbet
Ronal Wheels
Alcoa
Superior Industries
Iochpe-Maxion
Uniwheel Group
Enkei Wheels
Accuride
Topy Group
At the same time, we classify Automotive Aluminum Alloy Wheels according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Casting
Forging
Other
Market by Application
Passenger Vehicle
Commercial Vehicle
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Automotive Aluminum Alloy Wheels market for the forecast period 2021 - 2025?
• What are the driving forces in the Automotive Aluminum Alloy Wheels market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Automotive Aluminum Alloy Wheels industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?