DUBLIN--(BUSINESS WIRE)--The "Automotive Wheels Aftermarket by Aftermarket, Vehicle, Coating, Material, Rim Size, and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The global automotive wheels aftermarket market is estimated to grow from USD 3.5 billion in 2018 at a CAGR of 3.53% to reach USD 4.5 billion by 2025.
Increased demand for lightweight materials will boost the automotive wheels aftermarket. However, maintaining a balance between performance, cost, and weight creates a hurdle for the growth of the automotive wheels aftermarket.
The automotive wheels aftermarket comprises major manufacturers such as RONAL Group (Switzerland), BORBET Gmbh (Germany), Enkei Corporation (Japan), Carlstar (US), and Maxion Wheels (US).
Key Highlights
- Stringent environmental regulations for zero or non-VOC coatings will propel the growth of powdered coating during the forecast period
- North America is expected to record the largest market during the forecast period
Market Dynamics
Drivers
- Improved Vehicle Dynamics and Increased Demand for Lightweight Materials
- Large Organized and Unorganized Aftermarkets for Wheels
- Rising Number of Enthusiasts
- Repairing a Wheel is Cost-Effective
- Gradual Growth of Average Miles Driven
Restraints
- Volatility in Raw Material Prices
Opportunities
- Advanced Materials and New Compositions in Wheels
Challenges
- Engineering Barriers
- Maintaining a Balance Between Performance, Cost and Weight
Topics Covered
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Industry Trends
6 Market Overview
7 Automotive Wheels Aftermarket, By Aftermarket Type
8 Automotive Wheels Aftermarket, By Coating Type
9 Automotive Wheels Aftermarket, By Material Type
10 Automotive Wheels Aftermarket, By Rim Size
11 Automotive Wheels Aftermarket, By Vehicle Type
12 Automotive Wheels Aftermarket, By Region
13 Competitive Landscape
14 Company Profiles
- AEZ
- Alloy Wheel Repair Specialists
- Arconic
- Automotive Wheels
- BBS Kraftfahrzeugtechnik
- Beyern Wheels
- Borbet GmbH
- CM Wheels
- Enkei Corporation
- Forgiato
- Jian Sin Industrial Co. Ltd.
- Konig
- LKQ Corporation
- Maxion Wheels
- Oz Group
- Rays Engineering
- Ronal Group
- SSR Wheels
- Status Alloy Wheels
- Superior Industries
- The Carlstar Group
- TSW Alloy Wheels
- Vossen Wheels
- Work Wheels
- Zhengxing Wheel Group
- Zumbo Wheels
For more information about this report visit https://www.researchandmarkets.com/research/tpnmxg/2019_automotive?w=4
