Aluminum Alloy Wheels Market
Aluminum Alloy Wheels Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Aluminum Alloy Wheels Market Size and Growth
The Aluminum Alloy Wheels market is poised for significant growth, driven by increasing automotive production and consumer demand for lightweight, fuelefficient vehicles. The market size is projected to reach approximately $30 billion by 2028, reflecting a CAGR of around 5% from 2021 to 2028, influenced by technological advancements and eco-friendly initiatives.
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Companies Covered
(Covid 19 Impact Covered)
◍ CITIC Dicastal
◍ Borbet
◍ Ronal Wheels
◍ Alcoa
◍ Superior Industries
◍ Iochpe-Maxion
◍ Uniwheel Group
◍ Wanfeng Auto
◍ Lizhong Group
◍ Enkei Wheels
◍ Zhejiang Jinfei
◍ Accuride
◍ Topy Group
◍ Zhongnan Aluminum Wheels
◍ YHI
◍ Yueling Wheels
◍ Guangdong Dcenti Auto-Parts
The Aluminum Alloy Wheels Market features key players like CITIC Dicastal, Borbet, and Ronal Wheels, leveraging advanced manufacturing techniques and innovative designs to enhance vehicle performance and aesthetics. Collaborations and diversifying product lines drive market growth. Notable revenue figures include Superior Industries at $1.5 billion and Alcoa at $12.3 billion.
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Market Segmentation
By Application
Passenger Vehicle
Commercial Vehicle
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By Product
Casting
Forging
Market Growth
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$ X Billion USD
