The High-Pressure Die Casting Market size is estimated at USD 38.66 billion in 2024, and is expected to reach USD 52.14 billion by 2029, growing at a CAGR of 6.16% during the forecast period (2024-2029).
The high-pressure die-casting market is highly fragmented, with the presence of many regional and international players across the globe. The competition in the market has increased, as many small and medium-scale players from developing countries entered and expanded their business in the market over recent years. These players are adopting various growth strategies to gain a competitive edge over other players in the market.
For instance, in September 2022, DGS Druckguss Systeme s.r.o. announced that it had begun operations at the Frdlant plant and produces die castings made of aluminum and magnesium alloy for the automotive industry.
Some of the major recognized players in the market are Nemak, Georg Fischer Automotive, Ryobi Die Casting, Rheinmetall AG, Form Technologies Inc. (Dynacast), and Shiloh Industries. Some other notable players include Koch Enterprise, Linamar Corporation, and Bocar Group.
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