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Aluminium Alloy Wheel Market Market Expected to Reach at a 21200 Million USD by 2025

The Aluminium Alloy Wheel Industry report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency.

 

Los Angeles, CA -- (SBWIRE) -- 04/13/2019 -- 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 Global production of the aluminum alloy wheel is about 300 Million Unit in 2015. The production region is relative concentrate. The main manufacture region is concentrated in the Asia. China is the largest production country.

In the future, the 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 weaken. The installed rate in the commercial vehicle will increase.

The global Aluminium Alloy Wheel market was 19300 million US$ in 2018 and is expected to 21200 million US$ by the end of 2025, growing at a CAGR of 1.2% between 2019 and 2025.

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This report studies the Aluminium Alloy Wheel market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Aluminium Alloy Wheel in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Borbet

Ronal Wheels

Enkei Wheels

Superior Industries

Alcoa

Iochpe-Maxion

Uniwheel Group

Accuride

YHI International Limited

Topy Group

CITIC Dicastal

Lizhong Group

Wanfeng Auto

Kunshan Liufeng

Zhejiang Jinfei

Yueling Wheels

Zhongnan Aluminum Wheels

Anchi Aluminum Wheel

Guangdong Dcenti Auto-Parts

By the product type, the market is primarily split into

Casting

Forging

Other

By the end users/application, this report covers the following segments

Passenger Vehicle

Commercial Vehicle

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