Automotive Wheel Market to Grow at 5.8% CAGR to 2025 : ALCAR Holding, Jantsa Wheel, Trelleborg, Alcoa Wheels, Ronal AG, Maxion Wheels, CITIC Dicastal
The global automotive wheel market is likely to exceed a valuation of $120 billion through 2026. Rising demand for corrosion resistant, lightweight wheels is projected to drive global automotive wheel market size through 2026. Rise in production of alloy wheels using materials like steel, aluminum, and magnesium to offer enhanced aesthetics is likely to provide impetus to the industry.
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