The global market for Automotive Alloy Wheel was estimated to be worth US$ 18613 million in 2024 and is forecast to a readjusted size of US$ 21837 million by 2031 with a CAGR of 2.4% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Automotive Alloy Wheel cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Most of automotive alloy wheel is made by aluminum alloy. The Automotive 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 key driver propelling the growth of the automotive alloy wheel market is the rising demand for enhanced vehicle aesthetics, fuel efficiency, and overall performance. Alloy wheels, typically manufactured from aluminum or magnesium alloys, are significantly lighter than traditional steel wheels, contributing to lower unsprung vehicle weight. This weight reduction improves fuel economy, acceleration, braking efficiency, and overall handling-factors that are increasingly important to both consumers and automakers amid tightening environmental regulations and fuel economy standards. In addition, alloy wheels offer superior corrosion resistance and heat dissipation, making them ideal for high-performance and luxury vehicles. Automakers are responding to consumer preferences by equipping more models, even in the mid-range segment, with alloy wheels as standard or optional features. The growth of the global automotive industry-especially in emerging markets such as China, India, and Southeast Asia-combined with rising disposable incomes and consumer interest in vehicle customization, is further accelerating the adoption of alloy wheels. The expanding automotive aftermarket also plays a vital role, with consumers seeking aftermarket alloy wheels for personalization, sportier looks, or improved ride quality.
Despite their growing popularity, automotive alloy wheels face several challenges that may constrain market growth. One major issue is the relatively high manufacturing cost associated with alloy wheels, which often translates into increased vehicle prices. This makes them less accessible in cost-sensitive markets or for budget-conscious consumers. The alloy materials used-especially aluminum-require energy-intensive extraction and processing, resulting in higher input costs and greater environmental impact. As sustainability and carbon reduction become central themes across the automotive value chain, alloy wheel manufacturers face pressure to reduce emissions, improve recycling processes, and find more eco-friendly materials, all of which require additional investment. Another practical challenge is durability. While alloy wheels are lighter and more attractive, they are generally more prone to cracking or bending under harsh road conditions compared to steel wheels, especially in regions with poor infrastructure or extreme weather. This raises concerns over long-term maintenance costs and safety, which may deter adoption among fleet operators or in commercial vehicle applications. Moreover, fluctuations in raw material prices and supply chain disruptions-exacerbated by global geopolitical tensions and trade restrictions-can further impact production and profit margins for manufacturers. Overcoming these challenges will require continued innovation, cost optimization, and a focus on sustainable production practices.
Market competition is intense. CITIC Dicastal, Ronal Wheels, Superior Industries, Borbet, Iochpe-Maxion, Howmet Aerospace, etc. are the leaders of the industry.
This report aims to provide a comprehensive presentation of the global market for Automotive Alloy Wheel, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Automotive Alloy Wheel by region & country, by Type, and by Application.
The Automotive Alloy Wheel 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 Alloy Wheel.
Market Segmentation
By Company
- CITIC Dicastal
- Superior Industries
- Iochpe-Maxion
- Ronal Wheels
- Borbet
- Howmet Aerospace
- Lizhong Group
- Wanfeng Auto
- Zhejiang Jinfei
- Topy Group
- Enkei Wheels
- Accuride
- Yueling Wheels
- YHI
- Zhongnan Aluminum Wheels
- JC Forged
- Wheels India
- Otto Fuchs
- Pomlead
- Zeroneal
Segment by Type
Segment by Application
- Passenger Vehicle
- Commercial Vehicle
By Region
- North America
- 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 Alloy Wheel 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 Alloy Wheel 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 Alloy Wheel 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.
Table of Contents
1 Market Overview
- 1.1 Automotive Alloy Wheel Product Introduction
- 1.2 Global Automotive Alloy Wheel Market Size Forecast
- 1.2.1 Global Automotive Alloy Wheel Sales Value (2020-2031)
- 1.2.2 Global Automotive Alloy Wheel Sales Volume (2020-2031)
- 1.2.3 Global Automotive Alloy Wheel Sales Price (2020-2031)
- 1.3 Automotive Alloy Wheel Market Trends & Drivers
- 1.3.1 Automotive Alloy Wheel Industry Trends
- 1.3.2 Automotive Alloy Wheel Market Drivers & Opportunity
- 1.3.3 Automotive Alloy Wheel Market Challenges
- 1.3.4 Automotive Alloy Wheel Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Automotive Alloy Wheel Players Revenue Ranking (2024)
- 2.2 Global Automotive Alloy Wheel Revenue by Company (2020-2025)
- 2.3 Global Automotive Alloy Wheel Players Sales Volume Ranking (2024)
- 2.4 Global Automotive Alloy Wheel Sales Volume by Company Players (2020-2025)
- 2.5 Global Automotive Alloy Wheel Average Price by Company (2020-2025)
- 2.6 Key Manufacturers Automotive Alloy Wheel Manufacturing Base and Headquarters
- 2.7 Key Manufacturers Automotive Alloy Wheel Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of Automotive Alloy Wheel
- 2.9 Automotive Alloy Wheel Market Competitive Analysis
- 2.9.1 Automotive Alloy Wheel Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by Automotive Alloy Wheel Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Automotive Alloy Wheel as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Casting
- 3.1.2 Forging
- 3.1.3 Other
- 3.2 Global Automotive Alloy Wheel Sales Value by Type
- 3.2.1 Global Automotive Alloy Wheel Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Automotive Alloy Wheel Sales Value, by Type (2020-2031)
- 3.2.3 Global Automotive Alloy Wheel Sales Value, by Type (%) (2020-2031)
- 3.3 Global Automotive Alloy Wheel Sales Volume by Type
- 3.3.1 Global Automotive Alloy Wheel Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global Automotive Alloy Wheel Sales Volume, by Type (2020-2031)
- 3.3.3 Global Automotive Alloy Wheel Sales Volume, by Type (%) (2020-2031)
- 3.4 Global Automotive Alloy Wheel Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Passenger Vehicle
- 4.1.2 Commercial Vehicle
- 4.2 Global Automotive Alloy Wheel Sales Value by Application
- 4.2.1 Global Automotive Alloy Wheel Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global Automotive Alloy Wheel Sales Value, by Application (2020-2031)
- 4.2.3 Global Automotive Alloy Wheel Sales Value, by Application (%) (2020-2031)
- 4.3 Global Automotive Alloy Wheel Sales Volume by Application
- 4.3.1 Global Automotive Alloy Wheel Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global Automotive Alloy Wheel Sales Volume, by Application (2020-2031)
- 4.3.3 Global Automotive Alloy Wheel Sales Volume, by Application (%) (2020-2031)
- 4.4 Global Automotive Alloy Wheel Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global Automotive Alloy Wheel Sales Value by Region
- 5.1.1 Global Automotive Alloy Wheel Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Automotive Alloy Wheel Sales Value by Region (2020-2025)
- 5.1.3 Global Automotive Alloy Wheel Sales Value by Region (2026-2031)
- 5.1.4 Global Automotive Alloy Wheel Sales Value by Region (%), (2020-2031)
- 5.2 Global Automotive Alloy Wheel Sales Volume by Region
- 5.2.1 Global Automotive Alloy Wheel Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global Automotive Alloy Wheel Sales Volume by Region (2020-2025)
- 5.2.3 Global Automotive Alloy Wheel Sales Volume by Region (2026-2031)
- 5.2.4 Global Automotive Alloy Wheel Sales Volume by Region (%), (2020-2031)
- 5.3 Global Automotive Alloy Wheel Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America Automotive Alloy Wheel Sales Value, 2020-2031
- 5.4.2 North America Automotive Alloy Wheel Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe Automotive Alloy Wheel Sales Value, 2020-2031
- 5.5.2 Europe Automotive Alloy Wheel Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific Automotive Alloy Wheel Sales Value, 2020-2031
- 5.6.2 Asia Pacific Automotive Alloy Wheel Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America Automotive Alloy Wheel Sales Value, 2020-2031
- 5.7.2 South America Automotive Alloy Wheel Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa Automotive Alloy Wheel Sales Value, 2020-2031
- 5.8.2 Middle East & Africa Automotive Alloy Wheel Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Automotive Alloy Wheel Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Automotive Alloy Wheel Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions Automotive Alloy Wheel Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions Automotive Alloy Wheel Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States Automotive Alloy Wheel Sales Value, 2020-2031
- 6.3.2 United States Automotive Alloy Wheel Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States Automotive Alloy Wheel Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Automotive Alloy Wheel Sales Value, 2020-2031
- 6.4.2 Europe Automotive Alloy Wheel Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe Automotive Alloy Wheel Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China Automotive Alloy Wheel Sales Value, 2020-2031
- 6.5.2 China Automotive Alloy Wheel Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China Automotive Alloy Wheel Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Automotive Alloy Wheel Sales Value, 2020-2031
- 6.6.2 Japan Automotive Alloy Wheel Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan Automotive Alloy Wheel Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Automotive Alloy Wheel Sales Value, 2020-2031
- 6.7.2 South Korea Automotive Alloy Wheel Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea Automotive Alloy Wheel Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Automotive Alloy Wheel Sales Value, 2020-2031
- 6.8.2 Southeast Asia Automotive Alloy Wheel Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia Automotive Alloy Wheel Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India Automotive Alloy Wheel Sales Value, 2020-2031
- 6.9.2 India Automotive Alloy Wheel Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India Automotive Alloy Wheel Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 CITIC Dicastal
- 7.1.1 CITIC Dicastal Company Information
- 7.1.2 CITIC Dicastal Introduction and Business Overview
- 7.1.3 CITIC Dicastal Automotive Alloy Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 CITIC Dicastal Automotive Alloy Wheel Product Offerings
- 7.1.5 CITIC Dicastal Recent Development
- 7.2 Superior Industries
- 7.2.1 Superior Industries Company Information
- 7.2.2 Superior Industries Introduction and Business Overview
- 7.2.3 Superior Industries Automotive Alloy Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 Superior Industries Automotive Alloy Wheel Product Offerings
- 7.2.5 Superior Industries Recent Development
- 7.3 Iochpe-Maxion
- 7.3.1 Iochpe-Maxion Company Information
- 7.3.2 Iochpe-Maxion Introduction and Business Overview
- 7.3.3 Iochpe-Maxion Automotive Alloy Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 Iochpe-Maxion Automotive Alloy Wheel Product Offerings
- 7.3.5 Iochpe-Maxion Recent Development
- 7.4 Ronal Wheels
- 7.4.1 Ronal Wheels Company Information
- 7.4.2 Ronal Wheels Introduction and Business Overview
- 7.4.3 Ronal Wheels Automotive Alloy Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 Ronal Wheels Automotive Alloy Wheel Product Offerings
- 7.4.5 Ronal Wheels Recent Development
- 7.5 Borbet
- 7.5.1 Borbet Company Information
- 7.5.2 Borbet Introduction and Business Overview
- 7.5.3 Borbet Automotive Alloy Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 Borbet Automotive Alloy Wheel Product Offerings
- 7.5.5 Borbet Recent Development
- 7.6 Howmet Aerospace
- 7.6.1 Howmet Aerospace Company Information
- 7.6.2 Howmet Aerospace Introduction and Business Overview
- 7.6.3 Howmet Aerospace Automotive Alloy Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 Howmet Aerospace Automotive Alloy Wheel Product Offerings
- 7.6.5 Howmet Aerospace Recent Development
- 7.7 Lizhong Group
- 7.7.1 Lizhong Group Company Information
- 7.7.2 Lizhong Group Introduction and Business Overview
- 7.7.3 Lizhong Group Automotive Alloy Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.7.4 Lizhong Group Automotive Alloy Wheel Product Offerings
- 7.7.5 Lizhong Group Recent Development
- 7.8 Wanfeng Auto
- 7.8.1 Wanfeng Auto Company Information
- 7.8.2 Wanfeng Auto Introduction and Business Overview
- 7.8.3 Wanfeng Auto Automotive Alloy Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.8.4 Wanfeng Auto Automotive Alloy Wheel Product Offerings
- 7.8.5 Wanfeng Auto Recent Development
- 7.9 Zhejiang Jinfei
- 7.9.1 Zhejiang Jinfei Company Information
- 7.9.2 Zhejiang Jinfei Introduction and Business Overview
- 7.9.3 Zhejiang Jinfei Automotive Alloy Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.9.4 Zhejiang Jinfei Automotive Alloy Wheel Product Offerings
- 7.9.5 Zhejiang Jinfei Recent Development
- 7.10 Topy Group
- 7.10.1 Topy Group Company Information
- 7.10.2 Topy Group Introduction and Business Overview
- 7.10.3 Topy Group Automotive Alloy Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.10.4 Topy Group Automotive Alloy Wheel Product Offerings
- 7.10.5 Topy Group Recent Development
- 7.11 Enkei Wheels
- 7.11.1 Enkei Wheels Company Information
- 7.11.2 Enkei Wheels Introduction and Business Overview
- 7.11.3 Enkei Wheels Automotive Alloy Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.11.4 Enkei Wheels Automotive Alloy Wheel Product Offerings
- 7.11.5 Enkei Wheels Recent Development
- 7.12 Accuride
- 7.12.1 Accuride Company Information
- 7.12.2 Accuride Introduction and Business Overview
- 7.12.3 Accuride Automotive Alloy Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.12.4 Accuride Automotive Alloy Wheel Product Offerings
- 7.12.5 Accuride Recent Development
- 7.13 Yueling Wheels
- 7.13.1 Yueling Wheels Company Information
- 7.13.2 Yueling Wheels Introduction and Business Overview
- 7.13.3 Yueling Wheels Automotive Alloy Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.13.4 Yueling Wheels Automotive Alloy Wheel Product Offerings
- 7.13.5 Yueling Wheels Recent Development
- 7.14 YHI
- 7.14.1 YHI Company Information
- 7.14.2 YHI Introduction and Business Overview
- 7.14.3 YHI Automotive Alloy Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.14.4 YHI Automotive Alloy Wheel Product Offerings
- 7.14.5 YHI Recent Development
- 7.15 Zhongnan Aluminum Wheels
- 7.15.1 Zhongnan Aluminum Wheels Company Information
- 7.15.2 Zhongnan Aluminum Wheels Introduction and Business Overview
- 7.15.3 Zhongnan Aluminum Wheels Automotive Alloy Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.15.4 Zhongnan Aluminum Wheels Automotive Alloy Wheel Product Offerings
- 7.15.5 Zhongnan Aluminum Wheels Recent Development
- 7.16 JC Forged
- 7.16.1 JC Forged Company Information
- 7.16.2 JC Forged Introduction and Business Overview
- 7.16.3 JC Forged Automotive Alloy Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.16.4 JC Forged Automotive Alloy Wheel Product Offerings
- 7.16.5 JC Forged Recent Development
- 7.17 Wheels India
- 7.17.1 Wheels India Company Information
- 7.17.2 Wheels India Introduction and Business Overview
- 7.17.3 Wheels India Automotive Alloy Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.17.4 Wheels India Automotive Alloy Wheel Product Offerings
- 7.17.5 Wheels India Recent Development
- 7.18 Otto Fuchs
- 7.18.1 Otto Fuchs Company Information
- 7.18.2 Otto Fuchs Introduction and Business Overview
- 7.18.3 Otto Fuchs Automotive Alloy Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.18.4 Otto Fuchs Automotive Alloy Wheel Product Offerings
- 7.18.5 Otto Fuchs Recent Development
- 7.19 Pomlead
- 7.19.1 Pomlead Company Information
- 7.19.2 Pomlead Introduction and Business Overview
- 7.19.3 Pomlead Automotive Alloy Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.19.4 Pomlead Automotive Alloy Wheel Product Offerings
- 7.19.5 Pomlead Recent Development
- 7.20 Zeroneal
- 7.20.1 Zeroneal Company Information
- 7.20.2 Zeroneal Introduction and Business Overview
- 7.20.3 Zeroneal Automotive Alloy Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.20.4 Zeroneal Automotive Alloy Wheel Product Offerings
- 7.20.5 Zeroneal Recent Development
8 Industry Chain Analysis
- 8.1 Automotive Alloy Wheel Industrial Chain
- 8.2 Automotive Alloy Wheel Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 Automotive Alloy Wheel Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Automotive Alloy Wheel Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer