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The Magnesium Wheels market within the Automotive Parts industry is a niche segment that has seen steady growth in recent years. Magnesium wheels are lighter and stronger than traditional aluminum wheels, making them a popular choice for performance vehicles. They are also more expensive than aluminum wheels, making them a luxury item. Magnesium wheels are often used in racing and high-performance vehicles, as they provide superior handling and improved acceleration. They are also used in luxury vehicles, as they provide a more stylish look.
Magnesium wheels are typically manufactured using a casting process, which involves pouring molten magnesium into a mold. This process is more expensive than traditional aluminum wheel manufacturing, but it allows for more intricate designs. Magnesium wheels are also more difficult to repair than aluminum wheels, as they are more prone to cracking and warping.
Some of the major companies in the Magnesium Wheels market include BBS, Enkei, and OZ Racing. These companies specialize in the production of high-performance wheels, and they offer a wide range of designs and sizes. Other companies in the market include Rays Engineering, Rota, and Volk Racing. Show Less Read more