Latest Breaking News On - Wheel market - Page 10 : comparemela.com

Automotive Wheel Market to Witness Comprehensive Growth by 2025 Automotive Wheel Market to Witness Comprehensive Growth by 2025 BriefingWire.com, 4/20/2021 - The global automotive wheel market was USD 50.25 billion in 2018 and is estimated to reach USD 66.72 billion by 2025 at a CAGR of 4.13% during the forecast period Growth by Region Asia Pacific leads the market owing to the rise in vehicle production in countries such as China and India. Europe and North America, on the other hand, are also anticipated to be promising markets due to the increasing vehicle production in the respective regions. Drivers vs Constraints The global automotive wheel market is mainly driven by rising demand for vehicle weight reduction, improved vehicle dynamics for complying with stringent emission norms and also growing vehicle production. However, the market is hindered by the engineering barriers and the high price of carbon fibers.

United statesAsia pacificAccuride corporationWheel marketWitness comprehensive growthNorth americaReport sampleReport discountMefro wheelsReport descriptionPress releasePress releasesRee press releaseRee press releasesRee prRee press release sites