BrandEseence Logo

Automotive Aluminum Alloy Wheel Market

Automotive Aluminum Alloy Wheel Market Size, Share & Trends Analysis Report

Automotive Aluminum Alloy Wheel Market Size, Share & Trends Analysis Report By Material Type(Alloy (Aluminum & Magnesium), Steel, Carbon Fiber), By Vehicle Type (Senger CarPas, Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV)) By End User ( Original Equipment, Manufacturer (OEM)) 2022-2028

Published
Report ID : BMRC 730
Number of pages : 300
Published Date : Nov 2022
Category : Automotive And Transport
Delivery Timeline : 48 hrs

Automotive Aluminum Alloy Wheel Market, in terms of revenue, was estimated to be USD 16.06 Billion in 2021 and is expected to reach USD 28.94 Billion in 2028, growing at a CAGR of 8.78% from 2022 to 2028.

Scope of The Report

Many vehicles are made of cast aluminum due to the alloy in them being light and strong.  Aluminum alloy used for wheel usually contain 97% of aluminum. A second metal is added to provide durability since pure aluminum is too soft. There are three processes for making wheels from aluminum such as, forging, rolled forging and casting. Moreover, rising vehicle ownerships along with continuous support from the government for the adoption of alternative fuelled vehicles are further supporting the automotive aluminum wheel market growth. For instance, according to OICA as of 2017, the global vehicle production accounted for around 97.3 million units and Asia Pacific contributed for over 50% of the total global production. Increasing demand for vehicles across the globe is the primary and the most important factor that is boosting the growth of the global automotive aluminum wheels market. Automotive Aluminum Alloy Wheel (AAAW) Market applies the most effective of each primary and secondary analysis to weighs upon the competitive landscape and also the outstanding market players expected to dominate AAAW Market place for the forecast 2022– 2028.

The study provides a decisive view of the global AAAW market by segmenting the market based on product type, application and region. Based on type, automotive aluminum wheel market is segmented into painting wheels, polished wheels, plating wheels, and vacuum plating wheel.

Automotive Aluminum Alloy Wheel Companies

  • CITIC Dicastal
  • Ronal Wheels
  • Superior Industries
  • Borbet
  • Iochpe-Maxion
  • Alcoa
  • Wanfeng Auto
  • Uniwheel Group
  • Lizhong Group
  • Topy Group
  • Enkei Wheels
  • Zhejiang Jinfei
  • Accuride
  • YHI
  • Yueling Wheels
  • Zhongnan Aluminum Wheels

Key Market Segments

By Material Type

  • Alloy(Aluminum and Magnesium)
  • Steel
  • Carbon Fiber

By Vehicle Type

  • Senger CarPas
  • Light Commercial Vehicle (LCV)
  • Heavy Commercial Vehicle (HCV)

By End User

  • Original Equipment Manufacturer OEM)
  • Aftermarket

Regional Analysis Market

North America

  • U.S.
  • Canada

Europe

  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Sweden
  • Netherland
  • Turkey
  • Switzerland
  • Belgium
  • Rest of Europe

Asia-Pacific

  • South Korea
  • Japan
  • China
  • India
  • Australia
  • Philippines
  • Singapore
  • Malaysia
  • Thailand
  • Indonesia
  • Rest Of APAC

Latin America

  • Mexico
  • Colombia
  • Brazil
  • Argentina
  • Peru
  • Rest of South America

Middle East and Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest Of ME
Report Analysis Details
Historical data 2018 - 2021
Forecast Period 2021 - 2028
Market Size in 2021: USD 16.06 Billion
Base year considered 2021
Forecast Period CAGR %: 8.78%
Market Size Expected in 2028: USD 28.94 Billion
Tables, Charts & Figures: 175
Pages 300
Key Players/Companies CITIC Dicastal, Ronal Wheels, Superior Industries, Borbet, Iochpe-Maxion, Alcoa, Wanfeng Auto, Uniwheel Group, Lizhong Group, Topy Group, Enkei Wheels, Zhejiang Jinfei, Accuride, YHI, Yueling Wheels, Zhongnan Aluminum Wheels
Segments Covered By Material Type, By Vehicle Type, By End User
Regional Analysis North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Afric
SUMMARY
VishalSawant
Vishal Sawant
Business Development
vishal@brandessenceresearch.com
+91 8830 254 358
Segmentation
Segments

By Material Type:

  • Alloy (Aluminum and Magnesium)
  • Steel
  • Carbon Fiber

By Vehicle Type:

  • senger CarPas
  • Light Commercial Vehicle (LCV)
  • Heavy Commercial Vehicle (HCV)

By End User :

  • Original Equipment Manufacturer (OEM)
  • Aftermarket
Country
Regions and Country

North America

  • U.S.
    U.S.
  • Canada
    Canada

Europe

  • Germany
    Germany
  • France
    France
  • U.K.
    U.K.
  • Italy
    Italy
  • Spain
    Spain
  • Sweden
    Sweden
  • Netherlands
    Netherlands
  • Turkey
    Turkey
  • Switzerland
    Switzerland
  • Belgium
    Belgium
  • Rest of Europe

Asia-Pacific

  • South Korea
    South Korea
  • Japan
    Japan
  • China
    China
  • India
    India
  • Australia
    Australia
  • Philippines
    Philippines
  • Singapore
    Singapore
  • Malaysia
    Malaysia
  • Thailand
    Thailand
  • Indonesia
    Indonesia
  • Rest of APAC

Latin America

  • Mexico
    Mexico
  • Colombia
    Colombia
  • Brazil
    Brazil
  • Argentina
    Argentina
  • Peru
    Peru
  • Rest of South America

Middle East and Africa

  • Saudi Arabia
    Saudi Arabia
  • UAE
    UAE
  • Egypt
    Egypt
  • South Africa
    South Africa
  • Rest of MEA
Company
Key Players
  • CITIC Dicastal
  • Ronal Wheels
  • Superior Industries
  • Borbet
  • Iochpe-Maxion
  • Alcoa
  • Wanfeng Auto
  • Uniwheel Group
  • Lizhong Group
  • Topy Group
  • Enkei Wheels
  • Zhejiang Jinfei
  • Accuride
  • YHI
  • Yueling Wheels
  • Zhongnan Aluminum Wheels

+44-1173181773

sales@brandessenceresearch.com

We are always looking to hire talented individuals with equal and extraordinary proportions of industry expertise, problem solving ability and inclination interested? please email us hr@brandessenceresearch.com

JOIN US

LONDON OFFICE

BrandEssence® Market Research and Consulting Pvt ltd.

124, City Road, London EC1V 2NX

FOLLOW US

Twitter
Facebook
LinkedIn
Skype
YouTube

CONTACT US

1-888-853-7040 - U.S. (TOLL FREE)
+44-1173181773 - U.K. OFFICE
+91-7447409162 - INDIA OFFICE

© Copyright 2023-24 BrandEssence® Market Research and Consulting Pvt ltd. All Rights Reserved | Designed by BrandEssence®

PaymentModes