Hi Mate..
Its ok but does not have much durability. I would recommend something like Poorboy's Wheel Sealant.
Long lasting protection for wheels against the environment and brake dust...makes clean-ups a breeze, even on the worst wheels. Use it on any type of wheel.
Poorboys Wheel Sealant applies a clear barrier, sealing your wheels against dirt, brake dust, tar and bugs. Dirt and debris sit on top of this barrier and can be wiped easily away. Even brake dust wipes off the shiny wheel surface. Water will also bead off too preventing unsightly water marks.
Hope this helps....