Automotive Part Die Casting Market - Global Industry Analysis

Automotive Part Die Casting Market

Automotive Part Die Casting Market Size, Share, Analysis, Trends, Report 2028

Category: Automotive Report Format : PDF Pages: 166 Report Code: ZMR-559 Published Date: Mar-2022 Status : Published

Automotive Part Die Casting Market

Table Of Content

Methodology

Free Analysis

Die casting is a process which is used to produce metal parts by forcing molten metal under high pressure into a die cavity. This manufacturing process allows products to be made with the high degree of accuracy and repeatability. Die casting process also can produce fine details such as textured surfaces or names without any need for further processing.

Global automotive part die casting market is primarily driven by increasing demand for lightweight automobiles, energy saving trend, rapidly growing automotive industry across the globe paired with favorable government initiative and industry regulations. In addition, the initiative by the EPA (Environmental Protection Agency) to raise the mile per gallons standards from 35.5 miles per gallon (mpg) till 2016 and 54.5 mpg by 2025 have created lots of opportunities for automotive die casting industry to grow tremendously. Initiatives by NADCA to improve the technical workforce and strategy of working with several community colleges in the U.S. to create a die-casting farm system is expected to improve the performance of whole die casting market.

Based on the type, global automotive part die casting market is bifurcated into the pressure die casting, vacuum die casting, semi-solid die casting and squeeze die casting. Aluminum, zinc, magnesium and others are the raw material segment of the automotive part die casting market. Aluminum emerged as a leading raw material segment in 2019.Aluminum is lightweight and can be easily customized with heat treatment. These properties make aluminum as an ideal raw material for automotive die casting. Different application segments of this market include body assemblies, engine parts, transmission parts and others. Body assemblies and engine part are expected to be fastest growing application segment in coming years.

North America emerged as leading region for automotive part die casting market in 2019. This growth is mainly attributed to the availability of resources, government initiative, and large-scale domestic production. North America is expected to grow with decent CAGR of more than 5.8%. North America was closely followed by Asia pacific in the same year. Rising automotive industry paired with robust industrialization in India and China are the major contributing factors for the growth of the automotive part die casting market.

Major participants in the automotive part die casting space include Consolidated Metco,  Endurance Group, Alcoa Howmet, Rockman Industries Inc., Ryobi Die-casting Inc., Alcast Technologies, Dynacast and Texas Die Casting amongst others.

Choose License Type

  • zion payment modes

HappyClients

Office Address

Contact Us

Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008

Contact #

US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com

We Are On Social

Industry Press Release

We Accept

We have secured system to process your transaction.

  • payment methods

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed