Automotive Alloy Wheel Market Forcast:Projected to Reach USD 11.95 billion by 2029

Most of automotive alloy wheel is made by aluminum alloy. The Automotive 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.

According to the new market research report “Global Automotive Alloy Wheel Market Report 2023-2029”, published by QYResearch, the global Automotive Alloy Wheel market size is projected to reach USD 11.95 billion by 2029, at a CAGR of 0.5% during the forecast period.

• Global Automotive Alloy Wheel MarketSize(US$ Million), 2018-2029

Based on or includes research from QYResearch: Global Automotive Alloy Wheel Market Report 2023-2029.

• Global Automotive Alloy Wheel Top15Players Ranking and Market Share（Based on data of 2021, Continually updated）

Based on or includes research from QYResearch: 2021 data information of Global Automotive Alloy Wheel Market Report 2023-2029.

The global key manufacturers of Automotive Alloy Wheel include CITIC Dicastal, Borbet, Ronal Wheels, Superior Industries, Iochpe-Maxion, Howmet Aerospace, Wanfeng Auto, Lizhong Group, Topy Group, Zhejiang Jinfei, etc. In 2021, the global top five players had a share approximately 52.0% in terms of revenue.

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