Automotive Alloy Wheels - Global Market Outlook (2019 -2027)

Automotive Alloy Wheels - Global Market Outlook (2019 -2027)

According to Stratistics MRC, the Global Automotive Alloy Wheels Market is accounted for $15.53 billion in 2019 and is expected to reach $28.75 billion by 2027 growing at a CAGR of 8.0% during the forecast period. Growing demand for alloy wheels owing to their lightweight and corrosion-resistant properties are some of the major factor propelling the growth of the market. However, the volatility of raw material prices and unorganized aftermarket for wheels are hampering the growth of the market.

Automotive alloy wheels are made of alloys of light metals such as aluminium, magnesium, or nickel. These wheels are lighter, stronger, give better vehicle ride quality, and improve the vehicle appearance, as compared to spoke wheels. Moreover, automotive alloy wheels enhance heat dissipation from brakes as these alloy wheels manufactured from aluminium and magnesium are good conductors of heat, which decreases the chances of vehicle brake failure under intense driving conditions.

Based on the vehicle type, the passenger vehicle segment is likely to have a huge demand due to rising customization and replacements post-crash. The lifespan of alloy wheels is similar to that of the vehicle itself; therefore, this segment accounted for a minor share of the global automotive wheels market. However, maintenance and repairs of vehicles involved in a crash attributed to the rise in market share.

By geography, Asia Pacific is anticipated to hold considerable market share during the forecast period due to the rising population and changing living standards of people. Moreover, the easy availability of raw materials and supportive government regulations for industrialization is another factor expected to support revenue growth of Asia Pacific automotive alloy wheel market.

Some of the key players profiled in the Automotive Alloy Wheels Market include Arconic (ALCOA WHEELS), Borbet GmbH, CITIC Dicastal Wheel Manufacturing Co., Ltd, Enkei, Foshan Nanhai Zhongnan Aluminum Wheel Co., Ltd., FUTEX ALLOY (CHANGSHU) Co., Ltd, MAXION Wheels, Ronal Group (Ronal Wheels), Superior Industries International, UNIWHEELS Group, TSW Alloy Wheels, BBS GmbH, CMS Jant ve Makina San. AS, Howmet Aerospace Inc, and Iochpe-Maxion SA.

Wheel Sizes Covered:
• Compact Size
• Mid-Size
• Large Size

Vehicle Types Covered:
• Commercial Vehicles
• Two Wheelers
• Passenger Vehicle

Sales Channels Covered:
• After Market
• Original Equipment Manufacturer (OEM)

Finish Types Covered:
• Two-Toned Alloy Wheel
• Polished Alloy Wheel
• Painted Alloy Wheel
• Machined Alloy Wheel
• Chromed Alloy Wheel

Types Covered:
• Forging
• Casting

Diameter Types Covered:
• 26 Inch & Above
• 23 Inch- 25 Inch
• 20 Inch-22 Inch
• 17 Inch-19 Inch
• 14 Inch-16 Inch
• 11 Inch-13 Inch

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019 2020, 2024, and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
• Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances


1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Emerging Markets
3.7 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Automotive Alloy Wheels Market, By Wheel Size
5.1 Introduction
5.2 Compact Size
5.3 Mid-Size
5.4 Large Size
6 Global Automotive Alloy Wheels Market, By Vehicle Type
6.1 Introduction
6.2 Commercial Vehicles
6.2.1 Light Commercial Vehicles (LVCs)
6.2.2 Heavy Commercial Vehicles (HVCs)
6.3 Two Wheelers
6.4 Passenger Vehicle
6.4.1 Compact
6.4.2 Executive
6.4.3 Luxury
6.4.4 Mid-size
6.4.5 Minicompact
6.4.6 MPV
6.4.7 Sports Car
6.4.8 Supermini
6.4.9 Sport Utility Vehicles (SUVs)
7 Global Automotive Alloy Wheels Market, By Sales Channel
7.1 Introduction
7.2 After Market
7.3 Original Equipment Manufacturer (OEM)
8 Global Automotive Alloy Wheels Market, By Finish Type
8.1 Introduction
8.2 Two-Toned Alloy Wheel
8.3 Polished Alloy Wheel
8.4 Painted Alloy Wheel
8.5 Machined Alloy Wheel
8.6 Chromed Alloy Wheel
9 Global Automotive Alloy Wheels Market, By Type
9.1 Introduction
9.2 Forging
9.3 Casting
10 Global Automotive Alloy Wheels Market, By Diameter Type
10.1 Introduction
10.2 26 Inch & Above
10.3 23 Inch- 25 Inch
10.4 20 Inch-22 Inch
10.5 17 Inch-19 Inch
10.6 14 Inch-16 Inch
10.7 11 Inch-13 Inch
11 Global Automotive Alloy Wheels Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Arconic (ALCOA WHEELS)
13.2 Borbet GmbH
13.3 CITIC Dicastal Wheel Manufacturing Co., Ltd
13.4 Enkei
13.5 Foshan Nanhai Zhongnan Aluminum Wheel Co., Ltd.
13.6 FUTEX ALLOY (CHANGSHU) Co., Ltd
13.7 MAXION Wheels
13.8 Ronal Group (Ronal Wheels)
13.9 Superior Industries International
13.10 UNIWHEELS Group
13.11 TSW Alloy Wheels
13.12 BBS GmbH
13.13 CMS Jant ve Makina San. AS
13.14 Howmet Aerospace Inc
13.15 Iochpe-Maxion SA
List of Tables
Table 1 Global Automotive Alloy Wheels Market Outlook, By Region (2018-2027) ($MN)
Table 2 Global Automotive Alloy Wheels Market Outlook, By Wheel Size (2018-2027) ($MN)
Table 3 Global Automotive Alloy Wheels Market Outlook, By Compact Size (2018-2027) ($MN)
Table 4 Global Automotive Alloy Wheels Market Outlook, By Mid-Size (2018-2027) ($MN)
Table 5 Global Automotive Alloy Wheels Market Outlook, By Large Size (2018-2027) ($MN)
Table 6 Global Automotive Alloy Wheels Market Outlook, By Vehicle Type (2018-2027) ($MN)
Table 7 Global Automotive Alloy Wheels Market Outlook, By Commercial Vehicles (2018-2027) ($MN)
Table 8 Global Automotive Alloy Wheels Market Outlook, By Light Commercial Vehicles (LVCs) (2018-2027) ($MN)
Table 9 Global Automotive Alloy Wheels Market Outlook, By Heavy Commercial Vehicles (HVCs) (2018-2027) ($MN)
Table 10 Global Automotive Alloy Wheels Market Outlook, By Two Wheelers (2018-2027) ($MN)
Table 11 Global Automotive Alloy Wheels Market Outlook, By Passenger Vehicle (2018-2027) ($MN)
Table 12 Global Automotive Alloy Wheels Market Outlook, By Compact (2018-2027) ($MN)
Table 13 Global Automotive Alloy Wheels Market Outlook, By Executive (2018-2027) ($MN)
Table 14 Global Automotive Alloy Wheels Market Outlook, By Luxury (2018-2027) ($MN)
Table 15 Global Automotive Alloy Wheels Market Outlook, By Mid-size (2018-2027) ($MN)
Table 16 Global Automotive Alloy Wheels Market Outlook, By Minicompact (2018-2027) ($MN)
Table 17 Global Automotive Alloy Wheels Market Outlook, By MPV (2018-2027) ($MN)
Table 18 Global Automotive Alloy Wheels Market Outlook, By Sports Car (2018-2027) ($MN)
Table 19 Global Automotive Alloy Wheels Market Outlook, By Supermini (2018-2027) ($MN)
Table 20 Global Automotive Alloy Wheels Market Outlook, By Sport Utility Vehicles (SUVs) (2018-2027) ($MN)
Table 21 Global Automotive Alloy Wheels Market Outlook, By Sales Channel (2018-2027) ($MN)
Table 22 Global Automotive Alloy Wheels Market Outlook, By After Market (2018-2027) ($MN)
Table 23 Global Automotive Alloy Wheels Market Outlook, By Original Equipment Manufacturer (OEM) (2018-2027) ($MN)
Table 24 Global Automotive Alloy Wheels Market Outlook, By Finish Type (2018-2027) ($MN)
Table 25 Global Automotive Alloy Wheels Market Outlook, By Two-Toned Alloy Wheel (2018-2027) ($MN)
Table 26 Global Automotive Alloy Wheels Market Outlook, By Polished Alloy Wheel (2018-2027) ($MN)
Table 27 Global Automotive Alloy Wheels Market Outlook, By Painted Alloy Wheel (2018-2027) ($MN)
Table 28 Global Automotive Alloy Wheels Market Outlook, By Machined Alloy Wheel (2018-2027) ($MN)
Table 29 Global Automotive Alloy Wheels Market Outlook, By Chromed Alloy Wheel (2018-2027) ($MN)
Table 30 Global Automotive Alloy Wheels Market Outlook, By Type (2018-2027) ($MN)
Table 31 Global Automotive Alloy Wheels Market Outlook, By Forging (2018-2027) ($MN)
Table 32 Global Automotive Alloy Wheels Market Outlook, By Casting (2018-2027) ($MN)
Table 33 Global Automotive Alloy Wheels Market Outlook, By Diameter Type (2018-2027) ($MN)
Table 34 Global Automotive Alloy Wheels Market Outlook, By 26 Inch & Above (2018-2027) ($MN)
Table 35 Global Automotive Alloy Wheels Market Outlook, By 23 Inch- 25 Inch (2018-2027) ($MN)
Table 36 Global Automotive Alloy Wheels Market Outlook, By 20 Inch-22 Inch (2018-2027) ($MN)
Table 37 Global Automotive Alloy Wheels Market Outlook, By 17 Inch-19 Inch (2018-2027) ($MN)
Table 38 Global Automotive Alloy Wheels Market Outlook, By 14 Inch-16 Inch (2018-2027) ($MN)
Table 39 Global Automotive Alloy Wheels Market Outlook, By 11 Inch-13 Inch (2018-2027) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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