The Market Reports

Synopsis
The global market for Automotive Aluminium Alloy Wheels was estimated to be worth US$ 18360 million in 2024 and is forecast to a readjusted size of US$ 22090 million by 2031 with a CAGR of 2.6% during the forecast period 2025-2031.
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.
The global automotive aluminium alloy wheel market is experiencing strong growth, largely driven by the increasing demand for lightweight and fuel-efficient vehicles. As governments around the world impose stricter regulations on carbon emissions and fuel consumption, automakers are under pressure to reduce vehicle weight without compromising performance or safety. Aluminium alloy wheels, which are significantly lighter than traditional steel wheels, have become a key solution in this context. By lowering unsprung weight, these wheels contribute to improved fuel economy, enhanced acceleration, and better handling. The growing popularity of electric vehicles (EVs) further amplifies demand, as weight reduction is directly tied to extended battery range and efficiency. Additionally, consumers are increasingly valuing aesthetics and performance in their vehicles, leading to greater preference for aluminium alloy wheels due to their stylish designs, finishes, and customizability. The rise of the middle class in emerging economies such as China, India, and Brazil is also contributing to the market’s expansion, as more consumers seek vehicles with upgraded features that include alloy wheels. OEMs are responding by offering aluminium wheels as standard or optional features across a wider range of vehicle models. Overall, the combination of regulatory pressures, technological advantages, and evolving consumer preferences is fueling sustained growth in the automotive aluminium alloy wheel market.
Despite the strong growth prospects, the automotive aluminium alloy wheel market faces several notable challenges. One of the primary concerns is the high manufacturing cost associated with aluminium alloy wheels, particularly those produced using advanced forging or flow-forming techniques. These processes require specialized equipment, significant energy input, and skilled labor, which raise production costs and make it difficult for manufacturers to compete in price-sensitive markets. Moreover, the cost volatility of raw aluminium—driven by geopolitical issues, trade policies, and supply chain disruptions—adds uncertainty to pricing strategies and profit margins. In addition, while aluminium alloy wheels offer aesthetic and performance benefits, they can be more prone to cracking or damage under extreme conditions compared to steel wheels, raising questions about long-term durability in rough terrain or heavy-duty applications. Environmental regulations also present challenges, especially those related to the high energy consumption and emissions associated with aluminium smelting and processing. Furthermore, the market is increasingly facing competition from counterfeit and substandard aftermarket products, which undermine consumer trust and hurt the brand reputation of legitimate manufacturers. To stay competitive, companies must focus on innovation, cost reduction, and improved quality control, while also navigating evolving environmental and trade policies that may impact future growth.
This report aims to provide a comprehensive presentation of the global market for Automotive Aluminium Alloy Wheels, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Automotive Aluminium Alloy Wheels by region & country, by Type, and by Application.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Automotive Aluminium Alloy Wheels cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
The Automotive Aluminium Alloy Wheels market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Aluminium Alloy Wheels.
Market Segmentation
By Company
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
JC Forged
Pomlead
Zeroneal
Otto Fuchs
Wheels India
Segment by Type
Casting
Forging
Other
Segment by Application
Passenger Vehicle
Commercial Vehicle
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Automotive Aluminium Alloy Wheels manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Automotive Aluminium Alloy Wheels in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Automotive Aluminium Alloy Wheels in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index