Market Research Report
Global Magnesium Alloy Wheels Market 2017-2021
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||544316|
|Published||Content info||77 Pages
Delivery time: 1-2 business days
|Global Magnesium Alloy Wheels Market 2017-2021|
|Published: August 14, 2017||Content info: 77 Pages||
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 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.
Technavio's analysts forecast the global magnesium alloy wheels market to grow at a CAGR of 20.47% during the period 2017-2021.
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:
Technavio's report, 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.
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