Germany Automotive Parts Zinc Die Casting Market and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the Germany automotive parts zinc die casting market size reached approximately USD 152.39 million in 2023. Aided by the increasing demand for lightweight and high-strength automotive components and the growing applications of zinc die casting in various automotive parts, the market is projected to grow at a CAGR of 2.70% between 2024 and 2032, reaching a value of around USD 193.85 million by 2032.
Zinc die casting is a manufacturing process that involves forcing molten zinc into a mould cavity under high pressure. This process is extensively used in the automotive sector for producing precise, high-quality components that are strong, durable, and corrosion-resistant. Zinc die casting offers numerous advantages, including excellent dimensional accuracy, high production efficiency, and the ability to create complex shapes.
The growing automotive sector in Germany is a primary driver aiding the Germany automotive parts zinc die casting market expansion. As one of the leading automobile manufacturers globally, Germany is home to numerous automotive giants and a robust automotive supply chain. The increasing production of vehicles, coupled with the rising demand for high-quality automotive components, is driving the demand for zinc die casting in the automotive sector.
Additionally, the increasing consumer preference for lightweight and fuel-efficient vehicles is propelling the Germany automotive parts zinc die casting market growth. The use of zinc die casting in automotive parts significantly reduces the weight of the vehicle, leading to improved fuel efficiency and reduced emissions. This trend is particularly noticeable in the electric vehicle (EV) segment, where the emphasis on lightweight components is crucial for enhancing the range and performance of electric vehicles.
The expanding applications of zinc die casting in various automotive components also play a significant role in propelling the Germany automotive parts zinc die casting market development. Zinc die casting is used in the production of engine parts, transmission parts, chassis parts, and interior and exterior components. The high strength-to-weight ratio, excellent thermal conductivity, and corrosion resistance of zinc make it an ideal material for these applications.
Technological advancements and the integration of innovative solutions in zinc die casting processes are contributing to the market growth. The use of advanced simulation software, automated casting systems, and high-precision machining techniques enhances the quality and efficiency of zinc die casting. These innovations are driving the demand for high-performance and reliable zinc die cast automotive parts in Germany.
Pressure die casting is the most commonly used production process, offering high precision and repeatability. This process is widely used for producing complex and intricate automotive parts with excellent dimensional accuracy and surface finish, consequently increasing the Germany automotive parts zinc die casting market value.
Gravity die casting involves pouring molten zinc into a mould under the force of gravity. This process is suitable for producing large and simple automotive parts with high structural integrity and strength.
The engine parts segment holds a significant share of the market, driven by the increasing demand for lightweight and high-performance engine components. Zinc die casting is extensively used in the production of engine blocks, cylinder heads, and pistons.
As per the Germany automotive parts zinc die casting market analysis, the transmission parts segment is expected to witness substantial growth during the forecast period, owing to the rising demand for efficient and durable transmission components. Zinc die casting is used in the production of transmission housings and gearboxes.
The body parts segment is also anticipated to grow significantly, supported by the increasing focus on reducing vehicle weight. Zinc die casting is used in the production of body panels, frames, and structural components.
Market Segmentation
The Germany automotive parts zinc die casting market can be divided based on production and application.
Market Breakup by Production
- Pressure Die Casting
- Vacuum Die Casting
- Others
Market Breakup by Application
- Body Assemblies
- Engine Parts
- Transmission Parts
- Others
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Germany automotive parts zinc die casting market. Some of the major players explored in the report by Expert Market Research are as follows:
- Form Technologies (Dynacast)
- Druckguss Westfalen GmbH & Co.KG
- Protocast
- Eisenmann Druckguss GmbH
- Kopf Holding GmbH (Powercast)
- Kalmbach GmbH
- EMKA Beschlagteile GmbH & Co. KG
- Zwerenz Industries GmbH
- Formenbau & Werkzeugbau Siegfried Müller GmbH
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.