Truck Aluminium Alloy Wheel Market
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Truck Aluminium Alloy Wheel Market Size and Growth
The Truck Aluminium Alloy Wheel market is experiencing robust growth, driven by rising demand for lightweight and fuel-efficient vehicles. The market size is projected to reach approximately USD 1.5 billion by 2028, reflecting a compound annual growth rate (CAGR) of 5% owing to advancements in manufacturing technologies and increasing vehicle production.
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Companies Covered
(Covid 19 Impact Covered)
◍ 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
The Truck Aluminium Alloy Wheel Market features key players like Borbet, Ronal Wheels, and Alcoa, focusing on lightweight solutions and durability. Companies enhance market growth through innovation, expanding product lines, and strategic collaborations. Notable sales revenues include Superior Industries ($942 million) and Accuride ($680 million).
◍ Anchi Aluminum Wheel
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Market Segmentation
By Application
OEM
Aftermarket
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By Product
Forging
Market Growth
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$ X Billion USD
