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Global Aluminium Alloy Wheel Professional Size, Share, Value, and Competitive Landscape 2020
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Global Aluminium Alloy Wheel Professional Size, Share, Value, and Competitive Landscape 2020
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frankvaladezFebruary 24, 2021 6
According to Zeal Insider, the Sedan Aluminum Alloy Wheel market was at valued at US$ xx million in 2019 and is anticipated to rise at a CAGR of xx% during the forecast period from 2020 to 2028. The report on the Sedan Aluminum Alloy Wheel market compromises in-depth analysis covering key regional trends, market dynamics, and provides country-level market size of the Sedan Aluminum Alloy Wheel industry. Some of the major aspects considered during the course of research included product description, product classification, industry structure, various participants in the Sedan Aluminum Alloy Wheel market, etc. The report provides actual market values for 2018 and 2019 along with forecasts for the period from 2020 to 2028, and CAGR % measured for individual segments and regional markets.
(MENAFN - Comserve) Shibuya-ku, Tokyo, Japan, Japan, Feb 12, 2021, 10:40 /Comserve / The automotive wheels aftermarket comprises major manufacturers such as RONAL Group (Switzerland), BORBET Gmbh (Germany), Enkei Corporation (Japan), Carlstar (US), and Maxion Wheels (US). Strict government regulation regarding fuel efficiency and carbon emissions and increase in sales of passenger cars and commercial vehicles have driven the automotive wheels aftermarket globally. 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.
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