| Product Code: ETC11346562 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Belgium`s automotive steel wheels import market continued to be dominated by a handful of top exporting countries, including Germany, Sweden, Netherlands, Metropolitan France, and China. Despite a high Herfindahl-Hirschman Index (HHI) indicating significant market concentration, the industry experienced a concerning decline with a negative Compound Annual Growth Rate (CAGR) of -3.43% from 2020 to 2024. The growth rate plummeted even further from 2023 to 2024, dropping by -54.78%. These figures suggest a challenging landscape for automotive steel wheel importers in Belgium, possibly influenced by various economic and industry-specific factors.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Belgium Automotive Steel Wheels Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Automotive Steel Wheels Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Automotive Steel Wheels Market - Industry Life Cycle |
3.4 Belgium Automotive Steel Wheels Market - Porter's Five Forces |
3.5 Belgium Automotive Steel Wheels Market Revenues & Volume Share, By Vehicle type, 2021 & 2031F |
3.6 Belgium Automotive Steel Wheels Market Revenues & Volume Share, By Wheel Size, 2021 & 2031F |
3.7 Belgium Automotive Steel Wheels Market Revenues & Volume Share, By Surface Treatment, 2021 & 2031F |
3.8 Belgium Automotive Steel Wheels Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Belgium Automotive Steel Wheels Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and durable steel wheels in the automotive industry. |
4.2.2 Growth in the automotive sector in Belgium leading to higher production and sales of vehicles requiring steel wheels. |
4.2.3 Advantages of steel wheels such as cost-effectiveness and resistance to corrosion driving their adoption in the market. |
4.3 Market Restraints |
4.3.1 Competition from alternative materials like alloy wheels impacting the demand for steel wheels. |
4.3.2 Fluctuating raw material prices affecting the production cost of steel wheels. |
4.3.3 Stringent regulations regarding emissions and fuel efficiency pushing manufacturers towards lighter materials. |
5 Belgium Automotive Steel Wheels Market Trends |
6 Belgium Automotive Steel Wheels Market, By Types |
6.1 Belgium Automotive Steel Wheels Market, By Vehicle type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Automotive Steel Wheels Market Revenues & Volume, By Vehicle type, 2021 - 2031F |
6.1.3 Belgium Automotive Steel Wheels Market Revenues & Volume, By Passenger Cars, 2021 - 2031F |
6.1.4 Belgium Automotive Steel Wheels Market Revenues & Volume, By Commercial Vehicles, 2021 - 2031F |
6.1.5 Belgium Automotive Steel Wheels Market Revenues & Volume, By Light Commercial Vehicles, 2021 - 2031F |
6.1.6 Belgium Automotive Steel Wheels Market Revenues & Volume, By Heavy Duty Vehicles, 2021 - 2031F |
6.2 Belgium Automotive Steel Wheels Market, By Wheel Size |
6.2.1 Overview and Analysis |
6.2.2 Belgium Automotive Steel Wheels Market Revenues & Volume, By 13-15 Inches, 2021 - 2031F |
6.2.3 Belgium Automotive Steel Wheels Market Revenues & Volume, By 16-18 Inches, 2021 - 2031F |
6.2.4 Belgium Automotive Steel Wheels Market Revenues & Volume, By 19 Inches and Above, 2021 - 2031F |
6.3 Belgium Automotive Steel Wheels Market, By Surface Treatment |
6.3.1 Overview and Analysis |
6.3.2 Belgium Automotive Steel Wheels Market Revenues & Volume, By Painted, 2021 - 2031F |
6.3.3 Belgium Automotive Steel Wheels Market Revenues & Volume, By Electroplated, 2021 - 2031F |
6.3.4 Belgium Automotive Steel Wheels Market Revenues & Volume, By Polished, 2021 - 2031F |
6.4 Belgium Automotive Steel Wheels Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Belgium Automotive Steel Wheels Market Revenues & Volume, By OEM, 2021 - 2031F |
6.4.3 Belgium Automotive Steel Wheels Market Revenues & Volume, By Aftermarket, 2021 - 2031F |
7 Belgium Automotive Steel Wheels Market Import-Export Trade Statistics |
7.1 Belgium Automotive Steel Wheels Market Export to Major Countries |
7.2 Belgium Automotive Steel Wheels Market Imports from Major Countries |
8 Belgium Automotive Steel Wheels Market Key Performance Indicators |
8.1 Average weight reduction achieved in steel wheels over a specific period. |
8.2 Percentage increase in the adoption of steel wheels by new vehicle models. |
8.3 Number of innovations or technological advancements in steel wheel manufacturing processes. |
8.4 Rate of material cost fluctuations and its impact on the pricing of steel wheels. |
8.5 Compliance rate with emission and fuel efficiency standards for vehicles equipped with steel wheels. |
9 Belgium Automotive Steel Wheels Market - Opportunity Assessment |
9.1 Belgium Automotive Steel Wheels Market Opportunity Assessment, By Vehicle type, 2021 & 2031F |
9.2 Belgium Automotive Steel Wheels Market Opportunity Assessment, By Wheel Size, 2021 & 2031F |
9.3 Belgium Automotive Steel Wheels Market Opportunity Assessment, By Surface Treatment, 2021 & 2031F |
9.4 Belgium Automotive Steel Wheels Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Belgium Automotive Steel Wheels Market - Competitive Landscape |
10.1 Belgium Automotive Steel Wheels Market Revenue Share, By Companies, 2024 |
10.2 Belgium Automotive Steel Wheels Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |