LONDON–(BUSINESS WIRE)–Dec 11, 2020–
The aluminum alloy wheel market is expected to grow by USD 0.52 billion, progressing at a CAGR of about 1% during the forecast period.
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Technavio has announced its latest market research report titled Global Aluminum Alloy Wheel Market 2020-2024 (Graphic: Business Wire)
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The growing demand for lightweight vehicles is one of the major factors propelling market growth. However, factors such as the threat of counterfeit aluminum alloy wheels will hamper the market growth.
More details: https://www.technavio.com/report/aluminum-alloy-wheel-market-industry-analysis