Passenger Vehicle Aluminum Alloy
Wheel Market
Passenger Vehicle Aluminum Alloy Wheel Market
Scope: Industry Analysis, Market Size, Growth,
Trends Till 2031
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Passenger Vehicle Aluminum Alloy Wheel Market Size and Growth
The Passenger Vehicle Aluminum Alloy Wheel market is experiencing robust growth, driven by increasing demand for lightweight, fuel-efficient vehicles. In 2023, the market size is estimated to reach approximately USD 20 billion, with key factors including automotive industry advancements and rising consumer preference for sustainable materials fostering ongoing expansion. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ CITIC Dicastal
◍ Borbet
◍ Ronal Wheels
◍ Superior Industries
◍ Enkei Wheels
◍ Lizhong Group
◍ Alcoa
◍ Wanfeng Auto
◍ Iochpe-Maxion
◍ Uniwheel Group
◍ Zhejiang Jinfei
◍ Topy Group
◍ YHI
◍ Zhongnan Aluminum Wheels
◍ Accuride
The Passenger Vehicle Aluminum Alloy Wheel Market features key players like CITIC Dicastal, Borbet, and Superior Industries. These companies leverage innovation and manufacturing efficiency to enhance product offerings, driving market growth. Notable sales revenues include:
- CITIC Dicastal: ~$2.5 billion
- Superior Industries: ~$900 million
- Alcoa: ~$12.5 billion
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Market Segmentation
By Application
Sedan & Hatchback
SUV
Other
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By Product
Casting
Forging
Market Growth
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$ X Billion USD
