Global High-Pressure Die Casting (HPDC) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global High-Pressure Die Casting (HPDC) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

High pressure die casting. High pressure die casting is the process of pressing molten metal into a firmly locked metal mold cavity under pressure. In the process, it is held with a powerful press until the metal solidifies. The high pressure die casting (HPDC) process has high productivity and can produce high quality and complex castings with reasonable alloy arrangements. The production process can be used to provide light alloy parts with high precision, outstanding surface finish, excellent uniformity and best mechanical properties.

Market Overview:

The latest research study on the global High-Pressure Die Casting (HPDC) market finds that the global High-Pressure Die Casting (HPDC) market reached a value of USD 12922.74 million in 2022. It’s expected that the market will achieve USD 18056.0 million by 2028, exhibiting a CAGR of 5.73% during the forecast period.

Die Casting's Development in the China

China's economic transformation has been particularly driven by political reforms that have focused on expanding high-value manufacturing and sustainability. Beijing, eager to raise the competitiveness of its companies to international levels, is pushing the expansion of its promising industrial sector. With the implementation of the made in China 2025 strategy, China's manufacturing industry has entered a new period of development. FICMES is convinced that the die-casting industry is fully engaged. In this critical period of transformation and upgrading. The made in China 2025 plan identifies ten key industries, such as energy-saving, new energy vehicles, aerospace and railway equipment, CNC machine tools and robots. In fact, these ten key industries have at least one thing in common: they need die-cast artifacts to achieve their goals.

Opportunities

Technological advancements in High-Pressure Die Casting revolves around high-tech requirements of the automotive and machinery industries. Over the past decade, major innovations have happened in power, transmission, body, steering, and architecture， etc. There have been advancements pertaining to the safety measures as well. Usage of non-ferrous metals in near net shape cast parts are one such heavily adopted application, wherein focus is given on fine details, involving surface conditions, complex shapes, and economy.
Die Casting has become a preferred option for the machinery industries, as it can be utilized when there is a requirement in large quantities. Optimum casting techniques, along with best feature of design, help the industry save production costs. Through innovation in product and technology, the usability of die casting industry is increasing, which is further limiting the metal wastage and rejection rate. As a result of all these factors, non-ferrous die casting applications continue to draw the interest of designers.

Region Overview:

In global comparison, a significant portion of the revenue was generated in North America (27.66% in 2022).

Company Overview:

Nemak is one of the major players operating in the High-Pressure Die Casting (HPDC) market, holding a share of 392% in 2023.

Nemak

Nemak is a leading provider of innovative lightweighting solutions for the global automotive industry, specializing in the development and manufacturing of aluminum components for powertrain and body structure applications.

Ahresty

Ahresty manufactures aluminum diecast products mainly for automobile industry. The Company makes recycled aluminum ingot and aluminum diecast. Ahresty Tochigi also sells steel flooring products.

Segmentation Overview:

By type, Aluminum segment accounted for the largest share of market in 2022.

Application Overview:

The market's largest segment by application is the segment Body Assemblies, with a market share of 45.65% in 2022.

Key Companies in the global High-Pressure Die Casting (HPDC) market covered in Chapter 3:

Lumel Alucast
Handtmann
Spark Minda
Limatherm
LTH Castings
Normalien
Ecseri Kft
GF Casting Solutions
Dynacast
AE Group
Nemak
Ejsen
Endurance Technologies
Alteams
KPSNC
Marian Druckguss GmBh,
Iwamet
Lenaal
Ryobi
Chongqing Yujiang
Aurrenak
FAIST
Femalk
Guangdong Hongtu
Firmengruppe Wolf
Ljunghall
Silum
Ahresty

In Chapter 4 and Chapter 14.2, on the basis of types, the High-Pressure Die Casting (HPDC) market from 2018 to 2029 is primarily split into:

Aluminum
Magnesium
Zinc
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the High-Pressure Die Casting (HPDC) market from 2018 to 2029 covers:

Engine Parts
Body Assemblies
Transmission Parts
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)