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2019 Automotive Wheels Aftermarket: Worldwide Opportunity Forecast to 2025 - Advanced Materials and New Compositions in Wheels Presents Lucrative Opportunities - ResearchAndMarkets.com

January 24, 2019

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 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

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

KEYWORD:

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

http://www.businesswire.com/news/home/20190124005636/en

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