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Global and China Automotive Wheel Industry Report, 2018-2023

Publisher Name :
Date: 02-Nov-2018
No. of pages: 140

The global automobile output edged up 2.4% year on year to 97.3 million units in 2017 and it is expected to grow at around 2.0% in the next five years. China, as the largest producer of automobiles in the world, garnered the output of 29.05 million units in 2017, with a year-on-year increase of 3.2% and a 29.8% share of global total.

The automotive wheel industry grows steadily in pace with the automobile industry. In 2017, China's output of automotive wheel rose 7.1% year on year to about 270 million units, with the CAGR of 14.2% between 2009 and 2017. Favored by policies, the automotive wheel industry will see a CAGR of 4.0% or so during 2018-2023. As its automotive wheel industry is developing apace, China has become the global production center for automotive wheels, with at least 70% of the world's wheels produced in China.

Automotive wheels can be divided into aluminum wheel and steel wheel, of which the former is primarily used in light vehicles with a higher market share. The aluminum wheel output seized 69.6% of the total in 2017, and it is expected to reach 250 million units in 2023.

The demand for wheels in China are primarily from OEMs, AM and export. In 2017, 48.4% and 41.4% of the market demand for Chinese aluminum wheels stemmed from OEMs and export respectively; over 70% of the demand for steel wheels was driven by OEMs.

Major automotive wheel manufacturers in China include CITIC Dicastal, Zhejiang Jinfei Kaida Wheel, Zhejiang Wanfeng Auto, Zhengxing Wheel, Zhejiang Jingu, etc., featuring relatively high market concentration. In 2017, the CR5 of China's aluminum wheel industry was 54.0%, of which CITIC Dicastal ranked first with a market share of 26.9%; China's steel wheel industry fetched the CR5 of 63.3%, in which Zhengxing Wheel and Zhejiang Jingu held the market share of over 15.0% each.

At present, the gap between the cost price and the selling price of wheels is huge, meaning the use cost is high. Shared wheel is growing a trend to reduce the cost. In July 2018, the first Chinese shared wheel brand made its debut in China.

Global and China Automotive Wheel Industry Report, 2018-2023 focuses on the following:


  • Definition, industry chain, development trends, industrial policies, etc. of automotive wheels

  • Output, sales volume, major automakers, etc. in the global automobile industry;

  • Market size, competitive landscape, sales volume of major automakers, etc. in China’s automobile industry;

  • Wheel market size, market structure, main suppliers, import and export, etc. in the world;

  • Wheel (aluminum wheel, steel wheel) market size, competition pattern, import and export, etc. in China;

  • Operation, wheel output & sales, etc. of 8 foreign and 14 Chinese automotive wheel manufacturers.

Global and China Automotive Wheel Industry Report, 2018-2023

Table of Contents

1 Overview of Automotive Wheel
1.1 Definition and Classification
1.2 Industry Chain
1.3 Development Trend
1.4 Industry Policy

2 Global Automobile Market
2.1 Global Automotive Market
2.1.1 Output
2.1.2 Sales Volume
2.2 Global Automakers
2.2.1 Volkswagen
2.2.2 Toyota
2.2.3 GM
2.2.4 Renault-Nissan-Mitsubishi
2.2.5 Hyundai-Kia

3 Chinese Automobile Market
3.1 Overview of Chinese Automotive Market
3.1.1 Market Size
3.1.2 Pattern
3.2 Sales of Typical Chinese Automakers

4 Global Wheel Market
4.1 Global Aluminum Wheel Market
4.2 Geographical Pattern of Aluminum Wheel
4.3 Supply Relation between Aluminum Wheel Makers and Automakers
4.4 Global Automotive Wheel Import & Export

5 Chinese Wheel Market
5.1 Overall
5.2 Aluminum Wheel Industry in China
5.2.1 Market Size
5.2.2 Competitive Landscape
5.3 Steel Wheel Industry in China
5.3.1 Market Size
5.3.2 Competitive Landscape
5.4 China’s Wheel Import & Export
5.4.1 Overall
5.4.2 Ranking by Export
5.4.3 Export by Nation
5.4.4 Export by Province

6 Foreign Wheel Manufacturers
6.1 Iochpe-Maxion
6.1.1 Profile
6.1.2 Operation
6.1.3 Revenue Structure
6.1.4 Major Customers
6.2 ENKEI
6.2.1 Profile
6.2.2 Presence in China
6.3 CHUO SEIKI
6.3.1 Profile
6.3.2 Operation
6.3.3 Presence in China
6.4 SII
6.4.1 Profile
6.4.2 Operation
6.4.3 Revenue Structure
6.4.4 Shipments
6.4.5 Supporting
6.4.6 Acquisition of Uniwheel
6.5 Borbet
6.5.1 Profile
6.5.2 Global Presence
6.6 RONAL
6.6.1 Profile
6.6.2 Major Customers
6.6.3 Acquisition of APP-Tech Srl
6.7 YHI
6.7.1 Profile
6.7.2 Operation
6.7.3 Revenue Structure
6.7.4 Capacity Distribution
6.8 TOPY
6.8.1 Profile
6.8.2 Operation
6.8.3 Revenue Structure
6.8.4 Capacity Distribution
6.8.5 Presence in China

7 Aluminum Wheel Manufacturers
7.1 CITIC Dicastal
7.1.1 Profile
7.1.2 Operation
7.1.3 Sales
7.1.4 Main Products
7.1.5 Major Customers
7.2 Lizhong Wheel
7.2.1 Profile
7.2.2 Operation
7.2.3 Revenue Structure
7.2.4 Output and Sales
7.2.5 Major Customers
7.2.6 Major Subsidiaries
7.2.7 Projects with Raised Funds
7.3 Zhejiang Jinfei Kaida Wheel
7.3.1 Profile
7.3.2 Operation
7.3.3 Revenue Structure
7.3.4 Output and Sales
7.3.5 Major Products and Customers
7.3.6 Major Subsidiaries
7.3.7 Projects with Raised Funds
7.4 Zhejiang Wanfeng Auto Wheel
7.4.1 Profile
7.4.2 Operation
7.4.3 Revenue Structure
7.4.4 Output and Sales
7.4.5 Major Customers
7.4.6 Major Subsidiaries
7.4.7 Capacity Expansion
7.5 Zhejiang Yueling
7.5.1 Profile
7.5.2 Operation
7.5.3 Revenue Structure
7.5.4 Output and Sales
7.6 Shanghai MingQi Aluminium Industry
7.6.1 Profile
7.6.2 Operation
7.6.3 Major Subsidiaries
7.7 Lioho Group
7.7.1 Profile
7.7.2 Companies Based in Mainland China
7.8 Donlinks Group
7.8.1 Profile
7.8.2 Capacity Distribution and Major Subsidiaries
7.9 Sheng Wang Auto Parts

8 Steel Wheel Manufacturers
8.1 Dongfeng Motor Wheel
8.1.1 Profile
8.1.2 Operation
8.1.3 Production Base
8.2 Zhengxing Wheel
8.2.1 Profile
8.2.2 Operation
8.2.3 Revenue Structure
8.2.4 Main Products
8.2.5 Capacity Distribution
8.2.6 Sales Channel
8.2.7 Major Subsidiaries
8.3 Changchun Faway Automobile Components
8.3.1 Profile
8.3.2 Operation
8.3.3 Revenue Structure
8.3.4 Output and Sales
8.3.5 Capacity Distribution and Major Subsidiaries
8.4 Xingmin Intelligent Transportation Systems (Group)
8.4.1 Profile
8.4.2 Operation
8.4.3 Revenue Structure
8.4.4 Output and Sales
8.4.5 Major Customers
8.4.6 Capacity Distribution and Major Subsidiaries
8.5 Zhejiang Jingu
8.5.1 Profile
8.5.2 Operation
8.5.3 Revenue Structure
8.5.4 Output and Sales
8.5.5 Capacity Distribution and Major Subsidiaries

List of Charts

Structure Diagram of Typical Automotive Wheel
Advantages and Disadvantages of Aluminum Wheel and Steel Wheel
Diagram of Automobile Industry Chain
Diagram of Upstream Sectors of Typical Aluminum Wheel
Diagram of Downstream Sectors of Typical Steel Wheel
Policies on Automotive Wheel in China in Recent Years
Global Automobile Output, 2010-2023E
Global Auto Sales by Country/Region, 2010-2017
TOP 20 Countries by Automotive Output, 2017
Global Auto Sales and YoY Growth, 2010-2023E
Global Auto Sales by Country/Region, 2010-2017
Global Vehicle Sales of Volkswagen Group, 2016-2017
Sales Volume of Toyota’s Major Car Brands, 2012-2017
Sales Volume of GM's Major Car Brands, 2012-2017
Sales of Renault-Nissan-Mitsubishi by Market/Country, 2017
Top10 Global Markets of Renault, 2017
Top10 Global Markets of Nissan, 2017
Top10 Global Markets of Mitsubishi, 2017
Global Sales Volume of Hyundai-Kia, 2012-2017
Automobile Output in China, 2010-2023E
Automobile Ownership in China, 2007-2023E
Automobile Sales Volume and Growth Rate in China, 2012-2023E
Passenger Car Production and Sales by Type in China, 2017-2018
Passenger Car Sales Volume in China, 2008-2018
Commercial Vehicle Sales Volume in China, 2010-2018
Sales Volume Structure of SUV in China (by Price), 2016-2017
Sales Volume Structure of Sedan in China (by Price), 2016-2017
Top10 Passenger Car Manufacturers by Sales Volume in China, 2017
Top10 Passenger Car Brands by Sales Volume in China, 2017
Sales Volume Structure of Passenger Car by Country in China, 2017
Monthly Sales of BYD, 2017-2018
Monthly Sales of Great Wall, 2017-2018
Monthly Sales of Geely, 2017-2018
Monthly Sales of GAC Motor, 2017-2018
Monthly Sales of BMW Brilliance, 2017-2018
Global Sedan Output and Aluminum Wheel Penetration, 2010-2018
Global Aluminum Wheel Shipments, 2010-2018
Global Aluminum Wheel Market Size, 2010-2018
Output Value of Global Aluminum Wheel Industry by Region, 2017
Global Shipments of Aluminum Wheel by Region, 2017
Major Aluminum Wheel Supplier Structure of Toyota, 2017
Major Aluminum Wheel Supplier Structure of Honda, 2017
Major Aluminum Wheel Supplier Structure of Nissan, 2017
Major Aluminum Wheel Supplier Structure of GM, 2017
Major Aluminum Wheel Supplier Structure of Ford, 2017
Major Aluminum Wheel Supplier Structure of Volkswagen, 2017
Major Aluminum Wheel Supplier Structure of Hyundai, 2017
Global Automotive Wheel Exports, 2001-2017
Global Automotive Wheel Import Structure, 2017
China’s Output of Automotive Wheel, 2014-2023E
Gross Margin of Vehicle, Parts, and Wheel Industries in China, 2011-2018
Aluminum Automotive Wheel for OEM in China, 2014-2023E
Aluminum Automotive Wheel for AM in China, 2014-2023E
Domestic Demand for Aluminum Automotive Wheel in China, 2014-2023E
China’s Exports of Aluminum Automotive Wheel, 2014-2023E
China’s Aggregate Demand for Aluminum Automotive Wheel, 2014-2023E
Capacity of Major China Aluminum Wheel Manufacturers, 2017
Market Share of Major China Aluminum Wheel Manufacturers, 2017
Steel Automotive Wheel for OEM in China, 2014-2023E
Steel Automotive Wheel for AM in China, 2014-2023E
Domestic Demand for Steel Automotive Wheel in China, 2014-2023E
China’s Aggregate Demand for Steel Automotive Wheel in China, 2014-2023E
Market Share of Major Chinese Steel Wheel Manufacturers, 2017
China’s Import & Export of Automotive Wheel, 2012-2018
Monthly Export of Aluminum Alloy Automotive Wheel in China, 2016-2017
Top 40 Exporters of Aluminum Alloy Automotive Wheel in China, 2017
Top 10 Destinations of Exported Aluminum Alloy Automotive Wheel from China, 2017
Export of Aluminum Alloy Automotive Wheel from China by Province, 2017
Revenue and Gross Margin of Iochpe-Maxion, 2009-2017
Revenue of Iochpe-Maxion, 2018
Revenue of Iochpe-Maxion by Business and by Region, 2016-2017
Revenue of Iochpe-Maxion by Business and by Region, 2018
Revenue Structure of Iochpe-Maxion by Product, 2018 Q1-Q2
Passenger Car and Light Commercial Vehicle Customers of Maxion Wheels
Commercial Vehicle Customers of Maxion Wheel
Agricultural Machinery and Non-road Vehicle Customers of Maxion Wheels
Revenue of Iochpe-Maxion by Customer, 2018 Q1-Q2
Basic Information of Enkei Aluminium Products (China) Co., Ltd.
Basic Information of Enkei -Zhongnan Aluminium (Guang Dong) Co., Ltd.
Global Footprints of CHUO SEIKI
Revenue of CMW, FY2013-FY2017
Revenue Breakdown of CMW by Product, FY2017
Basic Information of Central Motor Wheel of Guangzhou Co., Ltd.
Revenue and Net Income of SII, 2012-2017
Revenue Structure of SII by Customer, 2017
Revenue of SII by Customer, 2015-2017
Revenue Structure of SII by Region, 2017
Shipments and Growth Rate of SII, 2010-2017
SII’s Shipment Structure by Customer, 2015-2017
Core Customers of SII
Auto Models Carrying SII’s Products
Main Businesses of Uniwheel
Revenue Comparison Before/After Acquisition in 2016 by Customer
Capacity Distribution of SII and Uniwheel
Wheel Sales of Uniwheel, 2014-2016
Global Presence of BORBET
Major Customers of RONAL
Revenue and Net Income of YHI, 2012-2017
Revenue Breakdown of YHI by Business, 2013-2017
Revenue Breakdown of YHI by Region, 2013-2017
Revenue Breakdown of YHI by Country/Region, 2016-2017
Automotive Wheel Capacity of YHI
Organizational Structure of TOPY
Revenue and Net Income of TOPY, FY2012-FY2018
Revenue Structure of TOPY by Business, FY2017
Revenue Breakdown of TOPY by Business and Region, FY2017
Major Automotive Wheel Products of TOPY
Global Footprints of TOPY
Global Wheel Production Bases of TOPY
Basic Information of Fujian Topy Autoparts Co., Ltd.
Revenue and Net Profit Margin of CITIC Dicastal, 2010-2017
Revenue Breakdown of CITIC Dicastal by Product, 2017
Revenue Breakdown of CITIC Dicastal by Region, 2017
Automotive Wheel Sales and Growth Rate of CITIC Dicastal, 2013-2017
Major Products of CITIC Dicastal
Automotive Wheel Development Process of CITIC Dicastal
Major Customers of CITIC Dicastal
Revenue and Net Income of Lizhong Wheel, 2014-2017
Revenue Breakdown of Lizhong Wheel by Product, 2014-2016
Capacity, Output, Capacity Utilization of Lizhong Wheel, 2014-2016
Output, Sales, and Sales/Output Ratio of Lizhong Wheel, 2014-2016
Average Selling Prices of Lizhong Wheel’s Main Products, 2014-2016
Lizhong Wheel’s Revenue from Top5 Customers and % of Total Revenue, 2015-2016
Major Subsidiaries of Lizhong Wheel, 2017
Basic Information of Baoding Lizhong Wheel Manufacturing Co., Ltd. (Financial Information and Supporting)
Basic Information of Qinhuangdao Lizhong Wheel Co., Ltd. (Financial Information and Supporting)
Basic Information of Baotou Shengtai Auto Parts Manufacturing Co., Ltd. (Financial Information and Supporting)
Lizhong Wheel’s Projects with Funds from IPO, 2017
Lizhong Wheel’s 800,000 units/year Heavy-duty Truck & Bus Liquid Forged High-toughness Light-weight Aluminum Alloy Wheel Project
Revenue and Net Income of Zhejiang Jinfei Kaida Wheel, 2014-2018
Revenue of Zhejiang Jinfei Kaida Wheel by Region and by Products, 2016-2017
Automotive Wheel Output & Sales, Capacity Utilization, and Sales/Output Ratio of Zhejiang Jinfei Kaida Wheel, 2014-2016
Automotive Aluminum Alloy Wheel Sales Volume and Output of Zhejiang Jinfei Kaida Wheel, 2016-2017
Automotive Wheel Sales Volume and Per-unit Selling Price of Zhejiang Jinfei Kaida Wheel, 2014-2016
Zhejiang Jinfei Kaida Wheel’s Automotive Wheel Sales for Overseas OEM, 2014-2016
Zhejiang Jinfei Kaida Wheel’s Automotive Wheel Sales for Overseas AM, 2014-2016
Main Automotive Wheels of Zhejiang Jinfei Kaida Wheel
Major Customers for Zhejiang Jinfei Kaida Wheel’s Automotive Wheels
Zhejiang Jinfei Kaida Wheel’s Revenue from Top5 Customers and % of Total Revenue, 2015-2016
Zhejiang Jinfei Kaida Wheel’s Revenue from Top5 Customers for Automotive Wheel Business and Percentage, 2014-2016
Major Subsidiaries of Zhejiang Jinfei Kaida Wheel, 2017
Basic Information of Zhejiang Jintai Auto Parts Manufacturing Co., Ltd. (Financial Information and Capacity)
Basic Information of Guizhou Jinfei Wheel Co., Ltd. (Financial Information and Capacity)
Zhejiang Jinfei Kaida Wheel’s Project with Funds from IPO, 2017
Changes in Capacity after 2 mln units/year Aluminum Alloy Automotive Wheel Technical Transformation Project Reaching Designed Capacity
Operating Revenue and Net Income of Zhejiang Wanfeng Auto Wheel, 2012-2018
Revenue and Gross Margin of Zhejiang Wanfeng Auto Wheel by Business,, 2015-2018
Revenue Breakdown of Zhejiang Wanfeng Auto Wheel by Product, 2015-2018
Wheel Revenue of Zhejiang Wanfeng Auto Wheel by Region, 2016-2018
Wheel Capacity, Output and Capacity Utilization of Zhejiang Wanfeng Auto Wheel, 2015-2016
Sales, Average Selling Prices and Sales/Output Ratio of Major Wheel Products of Zhejiang Wanfeng Auto Wheel, 2015-2016
Major Customers of Zhejiang Wanfeng Auto Wheel
Basic Information of Weihai Wanfeng Aowei Auto Wheel Co., Ltd. (Financial Information and Capacity)
Basic Information of Ningbo Aoweier Wheel Co., Ltd. (Financial Information and Capacity)
Basic Information of Jilin Wanfeng Aowei Wheel Co., Ltd. (Financial Information and Capacity)
Basic Information of Chongqing Wanfeng Aowei Aluminum Alloy Wheel Co., Ltd. (Financial Information and Capacity)
Projects under Construction of Zhejiang Wanfeng Auto Wheel by the End of 2016
Operating Revenue and Net Income of Zhejiang Yueling, 2012-2018
Revenue and Gross Margin of Zhejiang Yueling's Major Products, 2017-2018
Revenue Breakdown of Zhejiang Yueling by Business, 2015-2018
Automotive Wheel Output, Sales and Inventory of Zhejiang Yueling, 2015-2016
Changes in Automotive Wheel Capacity of Zhejiang Yueling, 2015&2017
Revenue and Net Income of Shanghai MingQi Aluminium Industry, 2013-2017
Assets, Liabilities and Owners’ Equity of Shanghai MingQi Aluminium Industry, 2017
Basic Information of MingQi Aluminum Wheels Yi Zheng Co., Ltd.
Basic Information of Kunshan Liufeng Machinery Industry Co., Ltd (Capacity, etc.)
Basic Information of Lioho Light Metal (Kunshan) Co., Ltd. (Capacity, etc.)
Basic Information of Hunan Changfeng Lioho Aluminum/Magnesium Products Co., Ltd. (Capacity, etc.)
Basic Information of Guangzhou Dongling Machinery Industry Co., Ltd.
Basic Information of Guangzhou Wheelhorse Asahi Aluminum Casting Co., Ltd.
Basic Information of Guangzhou Dicastal Asahi Aluminum Casting Co., Ltd.
Basic Information of Guangzhou Asahi-dong Casting Research and Development Co., Ltd.
Revenue and Net Income of Dongfeng Motor Wheel, 2013-2017
Main Bases of Dongfeng Motor Wheel
Organizational Structure of Zhengxing Wheel
Operating Revenue and Net Income of Zhengxing Wheel, 2012-2017
Revenue of Zhengxing Wheel by Category of Customers, 2015-2017
Revenue Breakdown of Zhengxing Wheel by Product, 2015-2017
Major Customers of Zhengxing Wheel, 2017
Revenue of Zhengxing Wheel by Region, 2015-2017
Main Products of Zhengxing Wheel
Zhengxing Wheel’s Production Technology for Commercial Vehicle Wheel
Regional Distribution of Zhengxing Wheel, End of 2017
Zenix’s Capacity Distribution for Main Products, 2017
Sales Channels of Zhengxing Wheel, 2015-2017
Basic Information of Zhengxing Group Chengdu Wheel Co., Ltd (Capacity, etc.)
Basic Information of Zhengxing Group Benxi Wheel Co., Ltd. (Capacity, etc.)
Basic Information of Zhengxing Group Langfang Wheel Co., Ltd. (Capacity, etc.)
Basic Information of Zhengxing Group Hefei Wheel Co., Ltd. (Capacity, etc.)
Basic Information of Hua'an Zhengxing Wheel Co., Ltd. (Capacity, etc.)
Operating Revenue and Net Income of Changchun Faway Automobile Components, 2012-2018
Revenue and Gross Margin of Changchun Faway Automobile Components by Product, 2016-2017
Revenue and Gross Margin of Changchun Faway Automobile Components by Region, 2016-2017
Output and Sales of Changchun Faway Automobile Components’ Main Products, 2017
Basic Information of Changchun Faway Automobile Components Foshan Wheel Branch (Capacity, etc.)
Basic Information of Changchun Faway Automobile Components Chengdu Wheel Branch (Capacity, etc.)
Operating Revenue and Net Income of Xingmin Intelligent Transportation Systems (Group), 2012-2017
Revenue Structure of Xingmin Intelligent Transportation Systems (Group) by Product, 2015-2017
Revenue Structure of Xingmin Intelligent Transportation Systems (Group) by Region, 2015-2017
Steel Automotive Wheel Output, Sales and Inventory of Xingmin Intelligent Transportation Systems (Group), 2016-2017
Customers of Xingmin Intelligent Transportation Systems (Group)
Basic Information of Tangshan Xingmin Wheel Co., Ltd. (Financial Information, Capacity, etc.)
Basic Information of Xianning Xingmin Wheel Co., Ltd. (Financial Information, Capacity, etc.)
Operating Revenue and Net Income of Zhejiang Jingu, 2012-2018
Revenue Structure of Zhejiang Jingu by Product, 2015-2017
Revenue Structure of Zhejiang Jingu by Region, 2015-2017
Steel Automotive Wheel Output, Sales and Inventory of Zhejiang Jingu, 2016-2017
Basic Information of Zhejiang Shilun Industry Co. Ltd.
Basic Information of Chengdu Jingu Wheel Co., Ltd.
Basic Information of Shandong Jingu Auto Parts Company Limited

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