Magnesium Alloy Whee Industry Report 2017: Applications & Competitive Landscape

Posted by hexa123 on August 29th, 2017

An alloy is a metal made from two or more metals and provides greater strength to the metal. It keeps the metal free from corrosion and can conduct heat. Alloy wheels are made from the alloys of magnesium or aluminum. They are lightweight, provide a better appearance, and possess the same strength as that of steel wheels. Magnesium Alloy wheels are also known as mag wheels.

The wheels are used mostly in racing and classic cars. As they are very light, they help improve the mileage of the vehicle. Pure magnesium wheels are prone to pitting, cracking, and corrosion.

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Covered in this report

The report covers the present scenario and the growth prospects of the global magnesium alloy wheels market for 2017-2021. To calculate the market size, the report considers new installations of alloy wheels in vehicles.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

Global Magnesium Alloy Wheels Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • Marvic Wheels
  • BBI Autosport
  • Marchesini
  • Vision Ability Dedication

Other prominent vendors

  • OZ
  • SMW Engineering
  • Tan-ei-sya
  • Milinite 
  • Washi Beam

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Market driver

  • Growing popularity of automotive racing in developing economies
  • For a full, detailed list, view our report

Market challenge

  • Ban on inconsistent quality aftermarket magnesium alloy wheels
  • For a full, detailed list, view our report

Market trend

  • Rise in sales through online channels
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

About us
Hexa Reports is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

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Joined: August 10th, 2017
Articles Posted: 83

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