AUTOMOTIVE TRAILER WHEEL RIMS MARKET ANALYSIS
High maintenance cost is one of the major factors restraining growth of the automotive trailer wheel rims market
One of the major factors hindering growth of the global automotive trailer wheel rims market is the high maintenance cost that has to be incurred. For instance, according to Coherent Market Insights’ analysis, the cost incurred for straightening a bent rim is around US$ 75 or less whereas the cost incurred for repainting wheel rim requires over US$ 200 per wheel and cost incurred in entire replacement of wheel rim was over US$ 500. Therefore, high cost acts as a barrier for growth of the global market.
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