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Automotive Casting Alloy Aluminium Wheel Market, Global Outlook and Forecast 2023-2032

Automotive Casting Alloy Aluminium Wheel Market, Global Outlook and Forecast 2023-2032

  • Published on : 07 February 2023
  • Pages :116
  • Report Code:SMR-7554176

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Report overview

Casting is the process of wheel manufacturing when aluminum is heated until it is molten. In such condition it is poured into a mold where it acquires its final shape with the help of vacuum. When it is cooled, it is possible to make modifications like drilling or trimming. Casting wheels are considered to be quick and inexpensive in terms of manufacturing. However, they have a major disadvantage- the nature of its manufacturing results in occurrence of porosity. To eliminate this disadvantage manufacturers have to design heavier wheels that allows creating of structure integrity.
This report contains market size and forecasts of Automotive Casting Alloy Aluminium Wheel in global, including the following market information:
Global Automotive Casting Alloy Aluminium Wheel Market Revenue, 2018-2023, 2023-2032, ($ millions)
Global Automotive Casting Alloy Aluminium Wheel Market Sales, 2018-2023, 2023-2032, (Units)
Global top five Automotive Casting Alloy Aluminium Wheel companies in 2022 (%)
The global Automotive Casting Alloy Aluminium Wheel market was valued at US$ million in 2022 and is projected to reach US$ million by 2032, at a CAGR of % during the forecast period 2023-2032.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million by 2032.
OEM Segment to Reach $ Million by 2032, with a % CAGR in next six years.
The global key manufacturers of Automotive Casting Alloy Aluminium Wheel include CITIC Dicastal, Ronal Wheels, Superior Industries, Borbet, Iochpe-Maxion, Howmet Aerospace, Wanfeng Auto, Lizhong Group and Topy Group, etc. In 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Automotive Casting Alloy Aluminium Wheel manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Casting Alloy Aluminium Wheel Market, by Type, 2018-2023, 2023-2032 ($ Millions) & (Units)
Global Automotive Casting Alloy Aluminium Wheel Market Segment Percentages, by Type, 2022 (%)
OEM
Aftermarket
Global Automotive Casting Alloy Aluminium Wheel Market, by Application, 2018-2023, 2023-2032 ($ Millions) & (Units)
Global Automotive Casting Alloy Aluminium Wheel Market Segment Percentages, by Application, 2022 (%)
Passenger Vehicle
Commercial Vehicle
Global Automotive Casting Alloy Aluminium Wheel Market, By Region and Country, 2018-2023, 2023-2032 ($ Millions) & (Units)
Global Automotive Casting Alloy Aluminium Wheel Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Casting Alloy Aluminium Wheel revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Automotive Casting Alloy Aluminium Wheel revenues share in global market, 2022 (%)
Key companies Automotive Casting Alloy Aluminium Wheel sales in global market, 2018-2023 (Estimated), (Units)
Key companies Automotive Casting Alloy Aluminium Wheel sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
CITIC Dicastal
Ronal Wheels
Superior Industries
Borbet
Iochpe-Maxion
Howmet Aerospace
Wanfeng Auto
Lizhong Group
Topy Group
Enkei Wheels
Zhejiang Jinfei
Accuride
YHI
Yueling Wheels
Zhongnan Aluminum Wheels