Global Magnesium Wheel Market Research Report 2019 (Includes Business Impact of COVID-19)

                                          
"The ongoing Coronavirus (COVID-19) pandemic is re-shaping everything from global economies to product categories, pricing, and stock availability to the consumer behavior. The final report is updated to address the impact of COVID-19 on the Magnesium Wheel market.

Trusted Business Insights is tracking mining/oil and gas, transportation, employment services, travel arrangements, and the leisure and hospitality sector closely as they are likely to be the hardest-hit sectors. Utilities, local pharma, diagnostics, consumer goods and durables, agro chem and fertilizers, and telecommunications are the sectors that will be weathering the COVID-19 storm and most likely come out relatively unscathed. Interdependencies of sectors are factored in our research report on the Magnesium Wheel market."
Magnesium Wheels are wheels manufactured from alloys which contain mostly magnesium.
Magnesium Wheels are produced either by casting (metalworking) (where molten metal is introduced into a mold, solidifying within the mold), or by forging (where a prefabricated bar is deformed mechanically). Magnesium has several key properties that make it an attractive base metal for wheels: lightness; a high damping capacity; and a high specific strength. Magnesium is the lightest metallic structural material available.It is 1.5 times less dense than aluminium, so magnesium wheels can be designed to be significantly lighter than aluminium alloy wheels, while exhibiting comparable strength.

The global Magnesium Wheel market is valued at 22700 million US$ in 2018 is expected to reach 27700 million US$ by the end of 2025, growing at a CAGR of 2.5% during 2019-2025.
This report focuses on Magnesium Wheel volume and value at global level, regional level and company level. From a global perspective, this report represents overall Magnesium Wheel market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
    SMW Engineering
    MKW Alloy
    BBS USA
    PVM Brakes & Wheels Mannheim
    APP Tech
    Enkei Corporation
    Marvic Wheels
    Marchesini
    OZ Group
    Tan-ei-sya
    Minilite
    Washi Beam
    Cromodora Wheels

Segment by Regions
    North America
    Europe
    China
    Japan

Segment by Type
    Cast
    Forged

Segment by Application
    OEM
    Aftermarket