Automotive Wheels Aftermarket Market is set to witness a stable CAGR in the forecast period of 2019-2026

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Automotive Wheels Aftermarket Market is set to
witness a stable CAGR in the forecast period of
2019-2026
Automotive Wheels Aftermarket Market By
Aftermarket (New Wheel Replacement, Refurbished
Wheel Fitment), Vehicle (PC, CV), Coating
(Liquid, Powdered), Material (Alloys, Steel,
Others), Rim Size (13-15 Inch, 16- 18 Inch, 19-
21 Inch, Above 21 Inch), Geography (North
America, South America, Europe, Asia-Pacific,
Middle East and Africa) Industry Trends and
Forecast to 2026
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Report Description
Global Automotive Wheels Aftermarket Market is
expected to rise from its initial estimated value
of USD 3.47 billion in 2018 to an estimated value
of USD 4.65 billion by 2026, registering a CAGR
of 3.75 in the forecast period of 2019-2026.
Increasing demand for lightweight material is the
major factor for the growth of this
market. Wheel is a circular object that enables
a vehicle or any other object to move easily.
They revolve in an axle and the material used in
the wheel is hard and durable. Good wheel provide
stability and traction to the vehicle. Three
important components of wheels are camber, caster
and toe. There are alloy wheels that are made of
alloy of magnesium and aluminium they are
combination of different metals and elements.
They are very lighter as compared to the steel
wheels and people use them to improve the
appearance of their vehicle. Aftermarkets wheels
are made to fit in multiple manufacturers and are
made by the independent manufacturer. They are
usually made with the cheaper materials as
compared to the other wheels.
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Major Key Players

• Some of the major players operating in this
  market are
• AEZ Leichtmetallräder GmbH
• ALLOY WHEEL REPAIR SPECIALISTS, LLC
• Arconic
• Automotive Wheels Ltd
• BBS Kraftfahrzeugtechnik
• Beyern Wheels
• Borbet GmbH

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Market Segmentation

• By After Market(New Wheel Replacement,
  Refurbished Wheel Fitment)
• By Vehicle (PC, CV)
• By Rim Size (13-15 Inch, 16- 18 Inch, 19- 21
  Inch, Above 21 Inch)

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Regional Analysis

• Based on geography, the market is segmented into
  five geographical regions
• North America
• Europe
• Asia-Pacific
• South America
• Middle East
• Africa

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