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.

Market Analysis and Insights: Global Automotive Aluminium Alloy Wheels Market
The global Automotive Aluminium Alloy Wheels market is valued at US$ 24710 million in 2019. The market size will reach US$ 36830 million by the end of 2026, growing at a CAGR of 5.8% during 2021-2026.

Global Automotive Aluminium Alloy Wheels Scope and Segment
Automotive Aluminium Alloy Wheels market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Automotive Aluminium Alloy Wheels market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.

Segment by Type
Casting
Forging
Other

Segment by Application
Passenger Vehicle
Commercial Vehicle

By Company
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

Production by Region
North America
Europe
China
Japan
South Korea
India

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E