Market Overview:
The global sedan and hatchback aluminum alloy wheel market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The casting segment is expected to account for a major share of the global sedan and hatchback aluminum alloy wheel market during the forecast period. The forging segment is anticipated to register high growth rates in terms of value over the forecast period. Asia Pacific dominated the global sedan and hatchback aluminum alloy wheel market in 2017, followed by Europe.
Product Definition:
Sedan and Hatchback Aluminum Alloy Wheel is a kind of light aluminum alloy wheel. It is mainly used in the production of sedans and hatchbacks. The most important feature of this product is that it has good heat dissipation performance, which can effectively reduce the temperature rise of the braking system and improve vehicle safety.
Casting:
Casting is the process of making a mold or pattern to create an object for producing multiple copies. The material used in the casting process can be aluminum alloys, copper alloys, steel alloys or other metals. Casts are used in various industries such as automotive & transportation and consumer goods industry among others.
Forging:
Forging is a process of manufacturing steel or iron where the metal is heated and rolled with the help of huge machines. In this process, carbon in the iron ore gets melted and mixed along with it. The mixture is then shaped by means of hot stamping machinery into sheets which are again bundled together to form a bar. This bar has round holes in it due to which these bars are called forged bars or Forged Steel (FS).
Application Insights:
Sedan application dominated the overall industry in terms of revenue share in 2017. The segment is expected to witness a CAGR of XX% from 2018 to 2030 on account of increasing demand for sedans from various end-use industries such as automotive, construction and mining among others. Sedan drivers usually prefer forged wheels due to their enhanced performance characteristics as compared withcast wheels, including better balance, higher load capacity and longer life expectancy.
The popularity of all-wheel-drive vehicles has increased significantly over the past few years owing to rising disposable income levels among consumers across developing countries such as China, India and Brazil which are major production hubs for passenger cars and light commercial vehicles (LCVs).
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of over 60% in 2017. The region is expected to witness significant growth over the forecast period owing to increasing automotive production and sales, especially in China, India, Japan and South Korea. In addition, rising disposable income levels coupled with changing consumer preferences towards premium cars is likely to have a positive impact on industry growth.
The demand for aluminum alloy wheels was high due to their lightweight features which resulted into increased fuel efficiency of vehicles as well as reduced carbon emission thereby boosting industry growth across various regions including North America and Europe. However, stringent government regulations regarding CO2 emissions are projectededto posea challengefor automakers across major markets including China and the U.S.
Growth Factors:
- Increasing demand for lightweight vehicles: The global trend of vehicle lightweighting is expected to drive the demand for aluminum alloy wheels, as they are lighter in weight than steel wheels. This would help improve the fuel efficiency and performance of vehicles.
- Rising popularity of luxury cars: The increasing popularity of luxury cars is also expected to boost the demand for aluminum alloy wheels, as these vehicles require high-quality and durable components.
- Growing automotive sector in developing countries: The automotive sector in developing countries is growing rapidly, owing to rising income levels and an expanding middle class population. This is likely to create opportunities for growth in the Sedan and Hatchback Aluminum Alloy Wheel market over the next few years.
- Technological advancements: Advancements in wheel design technologies are helping manufacturers develop innovative products that offer better performance and durability than traditional aluminum alloy wheels. This is likely to spur demand for these products in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Sedan and Hatchback Aluminum Alloy Wheel Market Research Report
By Type
Casting, Forging, Other
By Application
Sedan, Hatchback
By Companies
CITIC Dicastal, Borbet, Ronal Wheels, Superior Industries, Enkei Wheels, Lizhong Group, Wanfeng Auto, Iochpe-Maxion, Zhejiang Jinfei Holding Group, Topy Group, Zhongnan Aluminum Wheels, Accuride, Steel Strips Wheels
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
189
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Sedan and Hatchback Aluminum Alloy Wheel Market Report Segments:
The global Sedan and Hatchback Aluminum Alloy Wheel market is segmented on the basis of:
Types
Casting, Forging, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Sedan, Hatchback
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- CITIC Dicastal
- Borbet
- Ronal Wheels
- Superior Industries
- Enkei Wheels
- Lizhong Group
- Wanfeng Auto
- Iochpe-Maxion
- Zhejiang Jinfei Holding Group
- Topy Group
- Zhongnan Aluminum Wheels
- Accuride
- Steel Strips Wheels
Highlights of The Sedan and Hatchback Aluminum Alloy Wheel Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Casting
- Forging
- Other
- By Application:
- Sedan
- Hatchback
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Sedan and Hatchback Aluminum Alloy Wheel Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Sedan and hatchback aluminum alloy wheels are made from a lightweight, strong material that is both attractive and durable. They are perfect for cars that need a light weight option, but still want the durability of an alloy wheel.
Some of the key players operating in the sedan and hatchback aluminum alloy wheel market are CITIC Dicastal, Borbet, Ronal Wheels, Superior Industries, Enkei Wheels, Lizhong Group, Wanfeng Auto, Iochpe-Maxion, Zhejiang Jinfei Holding Group, Topy Group, Zhongnan Aluminum Wheels, Accuride, Steel Strips Wheels.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sedan and Hatchback Aluminum Alloy Wheel Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Sedan and Hatchback Aluminum Alloy Wheel Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sedan and Hatchback Aluminum Alloy Wheel Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Sedan and Hatchback Aluminum Alloy Wheel Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Sedan and Hatchback Aluminum Alloy Wheel Market Size & Forecast, 2018-2028
4.5.1 Sedan and Hatchback Aluminum Alloy Wheel Market Size and Y-o-Y Growth
4.5.2 Sedan and Hatchback Aluminum Alloy Wheel Market Absolute $ Opportunity
Chapter 5 Global Sedan and Hatchback Aluminum Alloy Wheel Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Sedan and Hatchback Aluminum Alloy Wheel Market Size Forecast by Type
5.2.1 Casting
5.2.2 Forging
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Sedan and Hatchback Aluminum Alloy Wheel Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Sedan and Hatchback Aluminum Alloy Wheel Market Size Forecast by Applications
6.2.1 Sedan
6.2.2 Hatchback
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sedan and Hatchback Aluminum Alloy Wheel Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Sedan and Hatchback Aluminum Alloy Wheel Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Sedan and Hatchback Aluminum Alloy Wheel Analysis and Forecast
9.1 Introduction
9.2 North America Sedan and Hatchback Aluminum Alloy Wheel Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Sedan and Hatchback Aluminum Alloy Wheel Market Size Forecast by Type
9.6.1 Casting
9.6.2 Forging
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Sedan and Hatchback Aluminum Alloy Wheel Market Size Forecast by Applications
9.10.1 Sedan
9.10.2 Hatchback
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Sedan and Hatchback Aluminum Alloy Wheel Analysis and Forecast
10.1 Introduction
10.2 Europe Sedan and Hatchback Aluminum Alloy Wheel Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Sedan and Hatchback Aluminum Alloy Wheel Market Size Forecast by Type
10.6.1 Casting
10.6.2 Forging
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Sedan and Hatchback Aluminum Alloy Wheel Market Size Forecast by Applications
10.10.1 Sedan
10.10.2 Hatchback
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Sedan and Hatchback Aluminum Alloy Wheel Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Sedan and Hatchback Aluminum Alloy Wheel Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Sedan and Hatchback Aluminum Alloy Wheel Market Size Forecast by Type
11.6.1 Casting
11.6.2 Forging
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Sedan and Hatchback Aluminum Alloy Wheel Market Size Forecast by Applications
11.10.1 Sedan
11.10.2 Hatchback
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Sedan and Hatchback Aluminum Alloy Wheel Analysis and Forecast
12.1 Introduction
12.2 Latin America Sedan and Hatchback Aluminum Alloy Wheel Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Sedan and Hatchback Aluminum Alloy Wheel Market Size Forecast by Type
12.6.1 Casting
12.6.2 Forging
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Sedan and Hatchback Aluminum Alloy Wheel Market Size Forecast by Applications
12.10.1 Sedan
12.10.2 Hatchback
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Sedan and Hatchback Aluminum Alloy Wheel Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Sedan and Hatchback Aluminum Alloy Wheel Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Sedan and Hatchback Aluminum Alloy Wheel Market Size Forecast by Type
13.6.1 Casting
13.6.2 Forging
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Sedan and Hatchback Aluminum Alloy Wheel Market Size Forecast by Applications
13.10.1 Sedan
13.10.2 Hatchback
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Sedan and Hatchback Aluminum Alloy Wheel Market: Competitive Dashboard
14.2 Global Sedan and Hatchback Aluminum Alloy Wheel Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CITIC Dicastal
14.3.2 Borbet
14.3.3 Ronal Wheels
14.3.4 Superior Industries
14.3.5 Enkei Wheels
14.3.6 Lizhong Group
14.3.7 Wanfeng Auto
14.3.8 Iochpe-Maxion
14.3.9 Zhejiang Jinfei Holding Group
14.3.10 Topy Group
14.3.11 Zhongnan Aluminum Wheels
14.3.12 Accuride
14.3.13 Steel Strips Wheels
