Automotive Parts Magnesium Die Casting Market Report by Production Process (Pressure Die Casting, Vacuum Die Casting, Gravity Die Casting, Squeeze Die Casting), Application (Body Parts, Engine Parts, Transmission Parts, and Others), and Region 2025-2033

The global automotive parts magnesium die casting market size reached USD 3.3 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.5 Billion by 2033, exhibiting a growth rate (CAGR) of 5.51% during 2025-2033. Rising demand for lightweight vehicles, increasing electric vehicle (EV) production, advancements in die casting technology, growing vehicle electrification trends, regulatory pressures for fuel efficiency, development of improved material strength, and the industry's focus on performance enhancement and emission reduction are some of the factors driving the market growth.

An automotive piston pin, also known as the gudgeon pin, is a small, metal component that helps to connect the piston and crankshaft in a piston engine. It is typically made of steel and has a round, cylindrical shape. In internal combustion engines, piston pins connect the piston to the connecting rod, which functions as an auxiliary unit to support the piston's movement. The pins are designed to handle all the stresses and wear involved during operation as well as the loading stress. The most accepted materials for the manufacturing of automotive piston pins are steel, titanium, and aluminium. In addition to oil shedding, thermal coating, and powder coating, different coatings improve piston pin wear resistance. Compared to the steel piston system, the aluminium piston system is lighter, but steel pistons provide a better support for more demanding systems.

Automotive Piston Pin Market Trends:

The global market is primarily driven by the expanding production of various automobile products, particularly the ICE vehicles. This can be attributed to the increasing sales of ICE vehicles which is leading to significant production volumes. In line with this, the lack of suitable infrastructure and various shortcomings of electric vehicles compared to ICE vehicles such as short-range and high initial cost is driving the demand for ICE vehicles, which, in turn, is propelling the market growth. Moreover, continual technological advancements in the development of effective cooling methods in piston technology are also creating lucrative growth opportunities in the market. Besides this, numerous product innovations, such as the rising adoption of composite materials to minimize the weight of the piston pins, enhance durability and withstand loading stresses, are fueling the market. The market is further driven by the presence of well-established aftermarket and the increasing number of OEMs and Tier I suppliers on the global level. However, stringent emission norms resulting in an augmenting demand for battery-operated vehicles is acting as a major factor that is hindering the market growth. On the contrary, the emergence of engines that use renewable oil and gas resources, such as CNG, LPG and ethanol, as well as the development of hybrid vehicles with traditional piston-cylinder assembly are creating a positive outlook for the market. Some of the other factors contributing to the market include the escalating demand for passenger cars, extensive research and development (R&D) activities in the metallurgy and material science sector, inflating disposable income levels, and rapid urbanization.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2025-2033. Our report has categorized the market based on production process and application.

Material Insights:

• Steel
• Aluminium
• Titanium

The report has provided a detailed breakup and analysis of the automotive piston pin market based on the material. This includes steel, aluminium, and titanium. According to the report, aluminium represented the largest segment.

Coating Type Insights:

• DLC (Diamond-Like Carbon) Coating
• PVD (Physical Vapor Deposition) Coating
• Dry Film Lubricants
• Thermal Coating/Thermal Barrier Coating
• Oil Shedding
• Powder Coating
• Others

The report has provided a detailed breakup and analysis of the automotive piston pin market based on the coating type. This includes DLC (Diamond-Like Carbon) coating, PVD (Physical Vapor Deposition)) coating, dry film lubricants, thermal coating/thermal barrier coating, oil shedding, powder coating and others.

Vehicle Type Insights:

Passenger Car

LCV

HCV

• thers

The report has provided a detailed breakup and analysis of the automotive piston pin market based on the vehicle type. This includes passenger car, LCV, HCV, and others. According to the report, passenger car represented the largest segment.

Fuel Type Insights:

• Gasoline
• Diesel
• Alternative Fuel

The report has provided a detailed breakup and analysis of the automotive piston pin market based on the fuel type. This includes gasoline, diesel, and alternative fuel. According to the report, gasoline represented the largest segment.

Sales Channel Insights:

• OEM
• Aftermarket

A detailed breakup and analysis of the automotive piston pin market based on the sales channel has also been provided in the report. This includes OEM and aftermarket. According to the report, OEM accounted for the largest market share.

Regional Insights:

• North America
• United States
• Canada
• Asia Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others
• Latin America
• Brazil
• Mexico
• Others
• Middle East and Africa

The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and Middle East and Africa. According to the report, Asia Pacific was the largest market for automotive piston pin. Some of the factors driving the Asia Pacific automotive piston pin market include the escalating demand for passenger cars, presence of well-established aftermarket, the increasing number of OEMs and Tier I suppliers, continual technological advancements, etc.

Competitive Landscape

The report has also provided a comprehensive analysis of the competitive landscape in the global automotive piston pin market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Aisin Corporation, Art-Serina Piston Co. Ltd., Burgess-Norton Mfg. Co. Inc. (Amsted Industries Incorporated), Elgin Industries Inc., Excel Industries Rajkot, JE Pistons (Race Winning Brands Inc.), MAHLE GmbH (MAHLE-STIFTUNG GmbH), Ming Shun Industrial Co. Ltd., Rheinmetall AG, Ross Racing Pistons, Shriram Pistons & Rings Ltd., etc.

Key Questions Answered in This Report

1.What was the size of the global automotive parts magnesium die casting market in 2024?

2.What is the expected growth rate of the global automotive parts magnesium die casting market during 2025-2033?

3.What are the key factors driving the global automotive parts magnesium die casting market?

4.What has been the impact of COVID-19 on the global automotive parts magnesium die casting market?

5.What is the breakup of the global automotive parts magnesium die casting market based on the production process?

6.What is the breakup of the global automotive parts magnesium die casting market based on the application?

7.What are the key regions in the global automotive parts magnesium die casting market?

8.Who are the key players/companies in the global automotive parts magnesium die casting market?