Automotive Wheel Market Insights 2020 Emerging Trends: Leading Players ALCAR Holding, Jantsa Wheel, Trelleborg, Alcoa Wheels, Maxion Wheels, CITIC Dicastal
Automotive wheel market in regular wheel segment is expected to register over 2% CAGR in terms of revenue up to 2024. Continuous demand for economical commercial and passenger vehicles is propelling the segment growth. OEMs dominated the overall end-use segment and generated over USD 65 billion revenue in 2018. Increasing automobile sales due to rising consumer affordability in developing nations have promulgated the demand in this segment. Also, rising commercial transportation sector due to globalization has also resulted in higher...
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