2019 Automotive Wheels Aftermarket: Worldwide Opportunity Forecast to 2025 - Advanced Materials and New Compositions in Wheels Presents Lucrative Opportunities - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 24, 2019--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 HighlightsStringent 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
DriversImproved 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
RestraintsVolatility in Raw Material Prices
OpportunitiesAdvanced Materials and New Compositions in Wheels
ChallengesEngineering Barriers Maintaining a Balance Between Performance, Cost and Weight
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 ProfilesAEZ 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
View source version on businesswire.com:https://www.businesswire.com/news/home/20190124005636/en/
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Related Topics:Automotive Aftermarket,Paints and Coatings ,Suspension Systems and Components
INDUSTRY KEYWORD: AUTOMOTIVE AFTERMARKET
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 01/24/2019 12:46 PM/DISC: 01/24/2019 12:46 PM