Transportation Products & Services

Truck Wheels: Market Size, Growth & Forecast to 2030

The Truck Wheels market is valued at about $12 billion (2026) and is projected to grow at a 2.8% CAGR through 2030. The largest cost driver is Raw Materials (Steel and Aluminum) (45% of spend). Asia Pacific leads demand at 45%.

Market size
$12.0 bn (2026)
CAGR to 2030
+2.8%
Buyer power
Favours buyers
Tracked suppliers
45
Projected market growth (index, 2026 = 100)
Base year 2026
Official data · Claight projectionForecast
Market size index, 2026 = 100, at the 2.8% CAGR.
Forecast
2026
2027
2028
2029
2030
2031
2026 base: 1002031 est: 115

Cost structure

Raw Materials (Steel and Aluminum)
45%
Energy and Manufacturing Utilities
20%
Direct and Indirect Labor
15%
Logistics and Freight
12%
Overhead and Tooling Capital
8%

Regional demand split

Asia Pacific demand
45%
North America demand
28%
Europe demand
21%
Rest of world demand
6%

Key suppliers

Alcoa CorporationAccuride CorporationIochpe MaxionTitan InternationalJantsa Wheel IndustrySuperior Industries International
Read the full Truck Wheels report →

Claight market analysis of proprietary and public data. Full report: /category-intelligence/truck-wheels