The multinational Automotive Aluminium Alloy Wheels market had reached xxx million USD with a CAGR xx from 2015-2019. Later on, it will go to xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
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.
In the next few years, Automotive Aluminum Alloy Wheel industry will maintain increasing at a relatively high growth rate. Investors are still optimistic about this area; the future will still have more new investment enter the field.
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.
In the global Automotive Aluminium Alloy Wheels market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.
In market segmentation by manufacturers, the report covers the following 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
In market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In market segmentation by types :
Casting
Forging
Other
In market segmentation by applications :
Passenger Vehicle
Commercial Vehicle
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Automotive Aluminium Alloy Wheels market for the forecast period 2020 - 2025?
• What are the driving forces in the Automotive Aluminium Alloy Wheels market for the forecast period 2020 - 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 Aluminium 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?