Automotive Passenger Cars Wheel Rim Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Material Type (Alloy, Steel, Carbon Fiber), By Sales Channel (OEM, Aftermarket), By Region & Competition, 2021-2031F

Description

The Global Automotive Passenger Cars Wheel Rim Market will grow from USD 38.52 Billion in 2025 to USD 62.24 Billion by 2031 at a 8.33% CAGR. Automotive passenger car wheel rims are the rigid circular frames on which tires are mounted, connecting the tire to the axle to support the vehicle's load.

Market Overview
Forecast Period	2027-2031
Market Size 2025	USD 38.52 Billion
Market Size 2031	USD 62.24 Billion
CAGR 2026-2031	8.33%
Fastest Growing Segment	Aftermarket
Largest Market	Asia Pacific

Key Market Drivers

Rising Global Production and Sales of Passenger Vehicles acts as the primary catalyst for the wheel rim industry, fundamentally dictating the volume of components required by Original Equipment Manufacturers (OEMs). As automakers ramp up manufacturing to meet post-pandemic demand and urbanization needs, the direct correlation between vehicle assembly and component procurement ensures steady market expansion.

Key Market Challenges

The volatility of raw material prices, specifically for aluminum and steel, poses a substantial barrier to the stability of the global automotive wheel rim market. Since wheel rims are material-intensive components, any sudden fluctuation in the cost of these primary inputs directly alters production expenses. When raw material rates spike, manufacturers face the difficult financial pressure of either absorbing the additional costs, which erodes profit margins, or increasing the final price for automakers, which can dampen sales volume. This pricing unpredictability complicates long-term supply contracts and disrupts the financial planning necessary for high-volume rim production.

Key Market Trends

The Utilization of Recycled Aluminum and Eco-Friendly Coatings is reshaping the market as manufacturers aggressively decarbonize their supply chains to meet strict environmental mandates. This trend involves replacing primary energy-intensive metals with secondary, low-carbon aluminum and utilizing renewable energy in casting processes to minimize the cradle-to-gate carbon footprint. Major wheel suppliers are validating these efforts through quantifiable emission reductions, confirming the industrial scalability of green manufacturing.

Key Market Players

Maxion Wheels
Steel Strips Wheels Ltd
ESE Carbon
Accuride Corporation
Superior Industries International, Inc.
Ronal Group
Trelleborg AB
Borbet Gmbh
Enkei International, Inc.
Alcoa Wheels

Report Scope:

In this report, the Global Automotive Passenger Cars Wheel Rim Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Automotive Passenger Cars Wheel Rim Market, By Material Type:

Alloy
Steel
Carbon Fiber

Automotive Passenger Cars Wheel Rim Market, By Sales Channel:

OEM
Aftermarket

Automotive Passenger Cars Wheel Rim Market, By Region:

North America
United States
Canada
Mexico
Europe
France
United Kingdom
Italy
Germany
Spain
Asia Pacific
China
India
Japan
Australia
South Korea
South America
Brazil
Argentina
Colombia
Middle East & Africa
South Africa
Saudi Arabia
UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Automotive Passenger Cars Wheel Rim Market.

Available Customizations:

Global Automotive Passenger Cars Wheel Rim Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Automotive Passenger Cars Wheel Rim Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Material Type (Alloy, Steel, Carbon Fiber)
- 5.2.2. By Sales Channel (OEM, Aftermarket)
- 5.2.3. By Region
- 5.2.4. By Company (2025)
5.3. Market Map

6. North America Automotive Passenger Cars Wheel Rim Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Material Type
- 6.2.2. By Sales Channel
- 6.2.3. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Automotive Passenger Cars Wheel Rim Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Material Type
    - 6.3.1.2.2. By Sales Channel
- 6.3.2. Canada Automotive Passenger Cars Wheel Rim Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Material Type
    - 6.3.2.2.2. By Sales Channel
- 6.3.3. Mexico Automotive Passenger Cars Wheel Rim Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Material Type
    - 6.3.3.2.2. By Sales Channel

7. Europe Automotive Passenger Cars Wheel Rim Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Material Type
- 7.2.2. By Sales Channel
- 7.2.3. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany Automotive Passenger Cars Wheel Rim Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Material Type
    - 7.3.1.2.2. By Sales Channel
- 7.3.2. France Automotive Passenger Cars Wheel Rim Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Material Type
    - 7.3.2.2.2. By Sales Channel
- 7.3.3. United Kingdom Automotive Passenger Cars Wheel Rim Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Material Type
    - 7.3.3.2.2. By Sales Channel
- 7.3.4. Italy Automotive Passenger Cars Wheel Rim Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By Material Type
    - 7.3.4.2.2. By Sales Channel
- 7.3.5. Spain Automotive Passenger Cars Wheel Rim Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By Material Type
    - 7.3.5.2.2. By Sales Channel

8. Asia Pacific Automotive Passenger Cars Wheel Rim Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Material Type
- 8.2.2. By Sales Channel
- 8.2.3. By Country
8.3. Asia Pacific: Country Analysis
- 8.3.1. China Automotive Passenger Cars Wheel Rim Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Material Type
    - 8.3.1.2.2. By Sales Channel
- 8.3.2. India Automotive Passenger Cars Wheel Rim Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Material Type
    - 8.3.2.2.2. By Sales Channel
- 8.3.3. Japan Automotive Passenger Cars Wheel Rim Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Material Type
    - 8.3.3.2.2. By Sales Channel
- 8.3.4. South Korea Automotive Passenger Cars Wheel Rim Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By Material Type
    - 8.3.4.2.2. By Sales Channel
- 8.3.5. Australia Automotive Passenger Cars Wheel Rim Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By Material Type
    - 8.3.5.2.2. By Sales Channel

9. Middle East & Africa Automotive Passenger Cars Wheel Rim Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Material Type
- 9.2.2. By Sales Channel
- 9.2.3. By Country
9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Automotive Passenger Cars Wheel Rim Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Material Type
    - 9.3.1.2.2. By Sales Channel
- 9.3.2. UAE Automotive Passenger Cars Wheel Rim Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Material Type
    - 9.3.2.2.2. By Sales Channel
- 9.3.3. South Africa Automotive Passenger Cars Wheel Rim Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Material Type
    - 9.3.3.2.2. By Sales Channel

10. South America Automotive Passenger Cars Wheel Rim Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Material Type
- 10.2.2. By Sales Channel
- 10.2.3. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil Automotive Passenger Cars Wheel Rim Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By Material Type
    - 10.3.1.2.2. By Sales Channel
- 10.3.2. Colombia Automotive Passenger Cars Wheel Rim Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By Material Type
    - 10.3.2.2.2. By Sales Channel
- 10.3.3. Argentina Automotive Passenger Cars Wheel Rim Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By Material Type
    - 10.3.3.2.2. By Sales Channel

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. Global Automotive Passenger Cars Wheel Rim Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Maxion Wheels
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
15.2. Steel Strips Wheels Ltd
15.3. ESE Carbon
15.4. Accuride Corporation
15.5. Superior Industries International, Inc.
15.6. Ronal Group
15.7. Trelleborg AB
15.8. Borbet Gmbh
15.9. Enkei International, Inc.
15.10. Alcoa Wheels