Global Automotive Parts Zinc Die Casting Market Size study & Forecast, by Production Process Type (Pressure Die Casting, Vacuum Die Casting, and Other Production Process Types), by Application Type (Body Assemblies, Engine Parts, Transmission Parts, and Other Application Types), and), and Regional Analysis, 2023-2030
Global Automotive Parts Zinc Die Casting Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over during the forecast period 2023-2030. A die casting machine is a high-pressure apparatus designed to inject molten metal into a reusable metal die. Various types of dies, including single cavity, multiple cavity, and combination dies, are utilized in this process. It is employed to fabricate metal components with precise dimensions, smooth surfaces, and defined textures. Examples of such components include chassis, air valves, flywheels, brackets, smart locks, and vehicle appliances. The market growth is driven by key factors such as the adoption of lightweight automotive materials, the growing consumer trend toward safety products in the vehicle, the growing automotive industry and OEMs OEM focus.
Lightweight materials like such as zinc alloys enable the production of lighter automotive parts, leading to enhanced fuel efficiency and reduced emissions. As automotive manufacturers strive to meet increasingly stringent regulatory standards for emissions and fuel economy, the demand for lightweight components produced through zinc die casting rises accordingly. As per Statista, from 2017 to 2025, the Ccompound Aannual Ggrowth Rrate (CAGR) for carbon fiber reinforced polymer materials utilized in automobile assembly is forecasted forecast to reach approximately nine9% percent. Alongside carbon fiber, other polymer materials such as plastics and glass fibers are integral to vehicle manufacturing processes. Lightweight materials are particularly crucial in the production of electric Electric vehicles Vehicles (EVs), given their ability to enhance battery range. NotablyParticularly, China has emerged as a global frontrunner in both the development and production of Bbattery Eelectric Vvehicles (BEVs), solidifying its position as a key player in the automotive industry's transition towards electrification. However, the high cost of product products and lack of skilled labor stifle market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Automotive Parts Zinc Die Casting Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia-Pacific leads the Aautomotive Pparts Zzinc Ddie Ccasting Mmarket , with Europe and North America following closely behind. The Asia-Pacific region is expected to experience the fastest growth in this market, driven by factors such as the increasing demand for lightweight vehicles and the expansion of industrial and manufacturing sectors. India, in particular, is emerging as a key player, benefiting from both domestic and international demand for high-quality zinc die-cast components at competitive prices. Moreover, the rapid proliferation of small and medium-scale manufacturing industries throughout the region is poised to further fuel market growth.
Major market player included in this report are:Northwest Die Casting LLC
Sandhar Technologies Ltd.
Brillcast Manufacturing LLC
Empire Casting Co.
Dynacast International Inc.
Pace Industries LLC
Cascade Die Casting Group Inc.
Minda Corporation Limited
Bruschi S.p.A.
PHB Corp.
Recent Developments in the Market: In May 2022, GF Casting Solutions, a division of GF headquartered in Schaffhausen, Switzerland, announced its commitment to leveraging its expertise to advance products and services tailored for electric Electric vehicles Vehicles (EVs). Through close collaboration with customers from the initial design stages, the company ensures the development of bespoke solutions that align with their specific requirements. NotablyEspecially, GF Casting Solutions collaborated with Renault in the joint development of lightweight die-cast battery housings for two hybrid models, showcasing its innovative capabilities in meeting evolving industry demands.
In March 2022, BMW unveiled the adoption of innovative multi-plate die-casting technology within the light metal foundries of BMW Group plants. This advancement involves the development of novel gating and demolding systems utilizing direct gating in multi-plate mold technology. By prioritizing function optimization over traditional flow path optimization, this approach enables the realization of component designs tailored for enhanced performance within the die-casting process. Moreover, the implementation of this new process contributes to heightened profitability and reduced energy consumption compared to conventional large-scale, energy-intensive die casting systems.
Global Automotive Parts Zinc Die Casting Market Report Scope: Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered – Production Process Type, Application type, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below: By Production Process Type:
Pressure Die Casting
Vacuum Die Casting
Other Production Process Types
By Application Type:
Body Assemblies
Engine Parts
Transmission Parts
Other Application Types
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
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