Automotive Parts Zinc Die Casting Market Size, Trends [2030]
Automotive Parts Zinc Die Casting Market Size, Trends [2030]
Segments - Automotive Parts Zinc Die Casting Market by Production Process (Pressure Die Casting, Vacuum Die Casting, and Others) and Geography (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
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| Report ID :AL-1897
| 4.2 Rating
| 83 Reviews
| 191 Pages
| Format :
Report Description
The automotive parts zinc die casting market size is projected to register a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the increasing urbanization and automation.
A die casting machine is a machine that uses high pressure to force molten metal into a reusable metal die. Single cavity, multiple cavity, and combination dies are different types of dies. This method is used to make surface alloy and metal pieces that are precisely dimensioned, defined, smooth, and textured. Chassis, air valve, flywheel & bracket, smart locks, and vehicle appliances are examples of metal parts.
The automobile die casting technique is a manufacturing method for producing sophisticated and complicated metal parts and components utilizing reusable molds known as dies. Metal, die casting machine, furnace, and die are all utilised in the die casting process in vehicles. The metal, which is generally a nonferrous alloy such as zinc or aluminium, is melted in a furnace before being pumped into dies in a die casting machine.
The Covid-19 pandemic affected the demand and supply of automotive parts zinc die casting market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.
Automotive Parts Zinc Die Casting Market Trends, Drivers, Restraints, and Opportunities
- Increasing urbanization and automation is projected to fuel the market during the forecast period.
- Government programs are key factors propelling the market in the coming years.
- High cost of product is estimated to hamper the market growth.
- Lack of skilled labor act as major challenge that can hinder the market during the forecast period.
- R&D investment and technological advancement is anticipated to create lucrative opportunities for the market players.
Scope of Automotive Parts Zinc Die Casting Market Report
The report on the automotive parts zinc die casting market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Automotive Parts Zinc Die Casting Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2020 |
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Historic Data |
2018–2019 |
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Forecast Period |
2021–2028 |
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Segmentation |
Production Process (Pressure Die Casting, Vacuum Die Casting, and Others) |
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Geographical Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Pace Industries; Sandhar Technologies; Brillcast Manufacturing LLC; Dynacast; and Ashok Minda Group |
Automotive Parts Zinc Die Casting Market Segment Insights
The vacuum die casting segment is projected to hold a major market share
Based on production, the automotive parts zinc die casting market is divided into pressure die casting, vacuum die casting, and others. The segment is expected to represent a key share of the market during the forecast period.Countries all around the world have enacted strict emission regulations in order to combat global warming.
Governments all across the globe are working to mitigate the harmful impacts of global warming and decrease their carbon footprint. Japan is currently implementing new emission standards based on the Euro VI standards. As a result of the implementation of emission standards in a number of countries, OEMs around the world are expected to investigate new technologies that aid in the reduction of emissions in automobiles. Freight companies and fleet owners are putting a lot of effort into developing technologies that will reduce the average emission rate.
Asia-Pacific is expected to dominate the market
On the basis of geography, the automotive parts zinc die casting market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia-Pacific is anticipated to dominate the market during the forecast period. The automotive parts zinc die casting market in the Asia-Pacific region has developed significantly as a result of rising vehicle light-weighting and wide energy-saving trends, as well as increasing industrial and manufacturing sectors. With increasing local and international demand for high-quality zinc die-cast components at reduced rates, India is strengthening its position.
The European automotive industry is the most technologically sophisticated and inventive in the world. The reduction of fuel consumption and CO2 emissions has become a significant priority item for automotive manufacturers in the region as a result of the economic crisis and political demands. In Europe, non-ferrous castings produced an average of 20 metric tons per person, with a range of up to 58 metric tons. Furthermore, approximately 80% of the castings made in Europe are supplied within the European Union.
Segments
The automotive parts zinc die casting market has been segmented on the basis of
Production Process
- Pressure Die Casting
- Vacuum Die Casting
- Others
Geography
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Pace Industries
- Sandhar Technologies
- Brillcast Manufacturing LLC
- Dynacast
- Ashok Minda Group
Competitive Landscape
Key players competing in the automotive parts zinc die casting market include Pace Industries, Sandhar Technologies, Brillcast Manufacturing LLC, Dynacast, and Ashok Minda Group.
Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Automotive Parts Zinc Die Casting Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Automotive Parts Zinc Die Casting Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Automotive Parts Zinc Die Casting Market - Supply Chain
4.5. Global Automotive Parts Zinc Die Casting Market Forecast
4.5.1. Automotive Parts Zinc Die Casting Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Automotive Parts Zinc Die Casting Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Automotive Parts Zinc Die Casting Market Absolute $ Opportunity
5. Global Automotive Parts Zinc Die Casting Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Automotive Parts Zinc Die Casting Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Automotive Parts Zinc Die Casting Demand Share Forecast, 2019-2026
6. North America Automotive Parts Zinc Die Casting Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Automotive Parts Zinc Die Casting Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Automotive Parts Zinc Die Casting Demand Share Forecast, 2019-2026
7. Latin America Automotive Parts Zinc Die Casting Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Automotive Parts Zinc Die Casting Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Automotive Parts Zinc Die Casting Demand Share Forecast, 2019-2026
8. Europe Automotive Parts Zinc Die Casting Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Automotive Parts Zinc Die Casting Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Automotive Parts Zinc Die Casting Demand Share Forecast, 2019-2026
9. Asia Pacific Automotive Parts Zinc Die Casting Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Automotive Parts Zinc Die Casting Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Automotive Parts Zinc Die Casting Demand Share Forecast, 2019-2026
10. Middle East & Africa Automotive Parts Zinc Die Casting Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Automotive Parts Zinc Die Casting Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Automotive Parts Zinc Die Casting Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Automotive Parts Zinc Die Casting Market: Market Share Analysis
11.2. Automotive Parts Zinc Die Casting Distributors and Customers
11.3. Automotive Parts Zinc Die Casting Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. Pace Industries
11.4.2. Sandhar Technologies
11.4.3. Brillcast Manufacturing LLC
11.4.4. Dynacast
11.4.5. Ashok Minda Group
Methodology
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