Global Aluminium Alloy Wheel
Market Report
2025
Aluminium Alloy Wheel market is expected to reach at USD 32. 84 billion by 2029, at a CAGR of 9.72% from 2023 to 2030
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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The global Aluminium Alloy Wheel market is expected to reach at USD 32. 84 billion by 2029, at a CAGR of 9.72% from 2023 to 2030.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Aluminium Alloy Wheel Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 9.72% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Application |
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Market Split by Material |
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Market Split by Finishing Type |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Aluminium Alloy Wheel industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Aluminium Alloy Wheel Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
These days, alloy wheels and steel wheels are the two main types of wheels seen in cars. Steel wheels are constructed of steel, while alloy wheels are mostly comprised of aluminum (alloy). These days, alloy wheels are far more prevalent and most cars come with them as standard equipment from the automaker. Alloy wheels are referred to due to their improved visual appearance, driveability, improved grip, and reduction in brake failure risk.
Increasing demand for lightweight and corrosion-resistant alloy wheels, and an increase in the pace of vehicle production are the major driving factors for the Aluminium Alloy Wheel Market. The demand is strongly increasing for lightweight materials and components in the automotive industry, and aluminum wheels have properties like lightweight, anti-corrosion, longer life, and others, which is fuelling the growth of the market. Further, the production of automobiles is also increasing due to increasing demand. Further, emerging advanced technologies in the automotive sector, and increasing R&D investment by the manufacturers are expected to create significant opportunities for the Aluminium Alloy Wheel Market.However, the high cost of Aluminium Alloy Wheels can hamper the growth of the market.
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News
March 2021
RONAL GROUP launched a new application wheel RONAL R67
RONAL GROUP launched a new application wheel RONAL R67. It is ideal for sporty mid-range vehicles such as the BMW 1 Series, Hyundai i30 N, Tesla Model 3, Seat Cupra Formentor, VW Golf 8 GTI/GTE, Volvo XC40, and Mercedes EQC. The RONAL R67 is available from 18 to 20 inches.
Top Companies Market Share in Aluminium Alloy Wheel Industry: (In no particular order of Rank)
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Regional Analysis
Geographically, Asia Pacific is the largest market for Aluminium Alloy wheels and it is also estimated that it will grow with the highest CAGR in the forecast period, owing to the increasing demand for vehicles from developing countries such as India, China, and others, increasing disposable income, and growing industrialization and urbanization. Further, an increasing number of passenger car manufacturers also driving the growth of the market in this region. North America accounted for the second-largest market, due to industrial development and the presence of major automobile manufacturers.
The current report Scope analyzes Aluminium Alloy Wheel Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Aluminium Alloy Wheel Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Aluminium Alloy Wheel Industry growth. Aluminium Alloy Wheel market has been segmented with the help of its Type, Application Material, and others. Aluminium Alloy Wheel market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
In order to shape the structure and growth potential of the business, the Aluminium Alloy Wheel market is usually categorized by Type. Businesses can prioritize expenditures, spur innovation, and modify products to satisfy changing customer needs by identifying high-performing product categories through market analysis by Type. Businesses can remain ahead of market changes by strategically concentrating on the most profitable prospects by analyzing the demand trends and performance indicators of each segment. Businesses can use this knowledge to guide long-term strategy planning and resource allocation by identifying which market segments are likely to see slower or stagnant growth and which are positioned for rapid increase.
Type of Aluminium Alloy Wheel analyzed in this report are as follows:
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Segmenting the Aluminium Alloy Wheel market by Application is essential for understanding industry dynamics and identifying key demand drivers. Application refer to the specific use cases or end-user industries that rely on Aluminium Alloy Wheel products and services. These applications span a wide range of sectors, including healthcare, manufacturing, retail, aerospace, automotive, and telecommunications, among others. By analyzing the market based on its applications, businesses can gain valuable insights into which industries are adopting Aluminium Alloy Wheel solutions most effectively and where new opportunities are emerging. Additionally, tracking application trends helps identify high-growth industries, areas of innovation, and market saturation levels, allowing companies to strategically position themselves in the most promising and profitable segments.
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Some of the key Application of Aluminium Alloy Wheel are:
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Research Associate at Cognitive Market Research
Sumedha Gosavi is a Research Analyst with a specialized focus on the automobile and transportation sectors. With over two years of experience, she excels in conducting in-depth secondary research, competitive analysis, and market forecasting to deliver actionable insights that drive strategic decision-making.
In her current role, Sumedha leads research initiatives in the dynamic fields of automotive and transportation, identifying key trends, technological advancements, and market opportunities. Her ability to craft tailored research methodologies and distill complex data into clear, impactful strategies has been instrumental in enhancing her organization’s competitive edge.
With a deep passion for innovation in mobility and a commitment to continuous learning, Sumedha remains at the forefront of industry developments. Her expertise and analytical acumen make her an invaluable asset in navigating the ever evolving landscape of automobile and transportation research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Aluminium Alloy Wheel Market is witnessing significant growth in the near future.
In 2023, the Material segment accounted for noticeable share of global Aluminium Alloy Wheel Market and is projected to experience significant growth in the near future.
The Passenger cars segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Borbet, Enkei Wheels and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Material, Sales Channel, Motorcycle Type |
Application | Passenger cars, Commercial vehicles |
Material | Steel, Aluminum alloy, Others |
Finishing Type | Polished Alloy Wheel, Tow-Toned Alloy Wheel |
List of Competitors | 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, Anchi Aluminum Wheel, Guangdong Dcenti Auto Parts |
This chapter will help you gain GLOBAL Market Analysis of Aluminium Alloy Wheel. Further deep in this chapter, you will be able to review Global Aluminium Alloy Wheel Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Aluminium Alloy Wheel. Further deep in this chapter, you will be able to review North America Aluminium Alloy Wheel Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Aluminium Alloy Wheel. Further deep in this chapter, you will be able to review Europe Aluminium Alloy Wheel Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Aluminium Alloy Wheel. Further deep in this chapter, you will be able to review Asia Pacific Aluminium Alloy Wheel Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Aluminium Alloy Wheel. Further deep in this chapter, you will be able to review South America Aluminium Alloy Wheel Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Aluminium Alloy Wheel. Further deep in this chapter, you will be able to review Middle East Aluminium Alloy Wheel Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Aluminium Alloy Wheel. Further deep in this chapter, you will be able to review Middle East Aluminium Alloy Wheel Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Aluminium Alloy Wheel. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Material Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 13 Market Split by Finishing Type Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Aluminium Alloy Wheel market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 15 Research Methodology and Sources
Why Material have a significant impact on Aluminium Alloy Wheel market? |
What are the key factors affecting the Material and Sales Channel of Aluminium Alloy Wheel Market? |
What is the CAGR/Growth Rate of Passenger cars during the forecast period? |
By type, which segment accounted for largest share of the global Aluminium Alloy Wheel Market? |
Which region is expected to dominate the global Aluminium Alloy Wheel Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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