Automotive Wheel Rims Market: Trends, Growth, and Future Outlook
The global automotive wheel rims market is on a significant growth trajectory, valued at approximately USD 24.36 billion in 2023. With an anticipated compound annual growth rate (CAGR) of 8.2% from 2024 to 2032, the market is projected to reach USD 49.55 billion by 2032. This growth is propelled by several factors, including increased demand for alloy-based wheel rims, regional market dynamics,...
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