UK Automotive Parts Magnesium Die Casting Market

UK Automotive Parts Magnesium Die Casting Market by Production Process Types (Vacuum Die Casting, Squeeze Die Casting, Pressure Die Casting, and Semi-solid Die Casting), Applications (Transmission Components, Body Parts, Engine Parts, and others), and Country - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: AL-2510
  • Author: Growth Market Reports
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  • No. Of Pages: 182
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The UK automotive parts magnesium die casting market size is expected to register a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the increasing demand for automobiles due to rising disposable income.

UK Automotive Parts Magnesium Die Casting Market summary

Magnesium is a vital base for various alloys. Most common magnesium alloy for die casting is AZ91D, which offers high toughness and cast ability. Magnesium is most abundant element in earth crust. It naturally occurs in carnallite, dolomite, magnesite, and chloride. Magnesium die casting is used in various components of modern automobiles, especially for high performance vehicles, additionally; it is also used in camera bodies and in lenses.

The COVID-19 outbreak affected the production of automobiles, impacting the growth of the market. However, the relaxation in restriction owing to acceleration in vaccination drive is anticipated to positively influence the market growth.

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing adoption of light weight material to reduce the weight of automobile vehicles is anticipated to drive the market growth. 
  • CAFÉ standard imposed policies to cut the emission and increase fuel efficiency of automobiles is estimated to propel the growth of the market.
  • Magnesium alloy is lighter than any other alloy, and also offers features such as seamless integration and high dimensional stability, which improves finishing factor in vehicles. Thus, awareness of such benefits is expected to proliferate the growth of the market during the forecast period.
  • High production cost of magnesium die casting process can restraint the growth of the market.
  • Less consumption of magnesium in modern vehicles can hamper the market growth.
  • Rising trend of electric vehicles (EVs) is anticipated to foster the growth of the market in the projected timeline.

Scope of the Report

The report on the UK automotive parts magnesium die casting market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

UK Automotive Parts Magnesium Die Casting Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Production Process Types (Vacuum Die Casting, Squeeze Die Casting, Pressure Die Casting, and Semi-solid Die Casting), and Applications (Transmission Components, Body Parts, Engine Parts, and Others)

Country

The UK

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Shiloh Industries, Inc.; Gibbs Die Casting Corporation company; Georg Fischer; Sundaram - Clayton Limited; and Pace Industries

UK Automotive Parts Magnesium Die Casting Market Segment Insights

Pressure die casting is anticipated to exhibit a high CAGR

In terms of production process types, the market is segregated into vacuum die casting, squeeze die casting, pressure die casting, and semi-solid die castings. The pressure die casting market is projected to expand at a considerable CAGR during the forecast period. As the application of magnesium is expanding in the shock tower, floor rails, and pillars, the use of pressure die casting is further expanding at a healthy rate. On the other hand, the vacuum die casting segment is expected to grow at a robust rate in the projected timeline.

UK Automotive Parts Magnesium Die Casting Market types

Body parts segment to hold a major market share

Based on applications, the UK automotive parts magnesium die casting market is divided into transmission components, body parts, engine parts, and others. The body parts segment is expected to constitute a key share of the market during the projected period due to rising use of magnesium die casting in assembling the automotive body. Magnesium has excellent dimensional stability and also provided high impact and provides the dent resistance to body parts. It gives consistency to automotive body parts and minimal rate of distortion.

UK Automotive Parts Magnesium Die Casting Market applications

Segments

Segments Covered in the Report
The UK automotive parts magnesium die castings segmented on the basis of:
Production Process Types

  • Vacuum Die Casting
  • Squeeze Die Casting
  • Pressure Die Casting
  • Semi-Solid Die Casting

Applications

  • Transmission Components
  • Body Parts
  • Engine Parts
  • Others

Country

  • The UK

Key Players

  • Shiloh Industries, Inc.
  • Gibbs Die Casting Corporation Company
  • Georg Fischer
  • Sundaram - Clayton Limited
  • Pace Industries

 

Competitive Landscape

The key players competing in the UK automotive parts magnesium die castings market are Shiloh Industries, Inc.; Gibbs Die Casting Corporation Company; Georg Fischer; Sundaram - Clayton Limited; and Pace Industries.

Companies are engaging in partnerships, acquisitions, and mergers to expand their market share. Moreover, they’re focusing on expanding their production capacities to leverage their market position. Key players are partnering with local manufacturers and investing in R&D activities to enhance the manufacturing process to reduce the operation costs.

UK Automotive Parts Magnesium Die Casting Market keyplayers

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automotive Parts Magnesium 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 Magnesium 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 Magnesium Die Casting Market - Supply Chain
  4.5. Global Automotive Parts Magnesium Die Casting Market Forecast
     4.5.1. Automotive Parts Magnesium Die Casting Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Automotive Parts Magnesium Die Casting Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Automotive Parts Magnesium Die Casting Market Absolute $ Opportunity
5. Global Automotive Parts Magnesium Die Casting Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Automotive Parts Magnesium Die Casting Market Size and Volume Forecast by Types
     5.3.1. Vacuum Die Casting
     5.3.2. Squeeze Die Casting
     5.3.3. Pressure Die Casting
     5.3.4. Semi-Solid Die Casting
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Automotive Parts Magnesium Die Casting Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Automotive Parts Magnesium Die Casting Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Automotive Parts Magnesium Die Casting Demand Share Forecast, 2019-2026
7. North America Automotive Parts Magnesium 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
  7.2. North America Automotive Parts Magnesium Die Casting Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Automotive Parts Magnesium Die Casting Market Size and Volume Forecast by Types
     7.4.1. Vacuum Die Casting
     7.4.2. Squeeze Die Casting
     7.4.3. Pressure Die Casting
     7.4.4. Semi-Solid Die Casting
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Automotive Parts Magnesium Die Casting Demand Share Forecast, 2019-2026
8. Latin America Automotive Parts Magnesium 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. Latin America Average Pricing Analysis
  8.2. Latin America Automotive Parts Magnesium Die Casting Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Automotive Parts Magnesium Die Casting Market Size and Volume Forecast by Types
     8.4.1. Vacuum Die Casting
     8.4.2. Squeeze Die Casting
     8.4.3. Pressure Die Casting
     8.4.4. Semi-Solid Die Casting
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Automotive Parts Magnesium Die Casting Demand Share Forecast, 2019-2026
9. Europe Automotive Parts Magnesium 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. Europe Average Pricing Analysis
  9.2. Europe Automotive Parts Magnesium Die Casting Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Automotive Parts Magnesium Die Casting Market Size and Volume Forecast by Types
     9.4.1. Vacuum Die Casting
     9.4.2. Squeeze Die Casting
     9.4.3. Pressure Die Casting
     9.4.4. Semi-Solid Die Casting
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Automotive Parts Magnesium Die Casting Demand Share Forecast, 2019-2026
10. Asia Pacific Automotive Parts Magnesium 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. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Automotive Parts Magnesium Die Casting Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Automotive Parts Magnesium Die Casting Market Size and Volume Forecast by Types
     10.4.1. Vacuum Die Casting
     10.4.2. Squeeze Die Casting
     10.4.3. Pressure Die Casting
     10.4.4. Semi-Solid Die Casting
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Automotive Parts Magnesium Die Casting Demand Share Forecast, 2019-2026
11. Middle East & Africa Automotive Parts Magnesium Die Casting Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Automotive Parts Magnesium Die Casting Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Automotive Parts Magnesium Die Casting Market Size and Volume Forecast by Types
     11.4.1. Vacuum Die Casting
     11.4.2. Squeeze Die Casting
     11.4.3. Pressure Die Casting
     11.4.4. Semi-Solid Die Casting
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Automotive Parts Magnesium Die Casting Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Automotive Parts Magnesium Die Casting Market: Market Share Analysis
  12.2. Automotive Parts Magnesium Die Casting Distributors and Customers
  12.3. Automotive Parts Magnesium Die Casting Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Shiloh Industries, Inc.
     12.4.2. Gibbs Die Casting Corporation Company
     12.4.3. Georg Fischer
     12.4.4. Sundaram - Clayton Limited
     12.4.5. Pace Industries

Segments Covered in the Report
The UK automotive parts magnesium die castings segmented on the basis of:
Production Process Types

  • Vacuum Die Casting
  • Squeeze Die Casting
  • Pressure Die Casting
  • Semi-Solid Die Casting

Applications

  • Transmission Components
  • Body Parts
  • Engine Parts
  • Others

Country

  • The UK

Key Players

  • Shiloh Industries, Inc.
  • Gibbs Die Casting Corporation Company
  • Georg Fischer
  • Sundaram - Clayton Limited
  • Pace Industries

 

The key players competing in the UK automotive parts magnesium die castings market are Shiloh Industries, Inc.; Gibbs Die Casting Corporation Company; Georg Fischer; Sundaram - Clayton Limited; and Pace Industries.

Companies are engaging in partnerships, acquisitions, and mergers to expand their market share. Moreover, they’re focusing on expanding their production capacities to leverage their market position. Key players are partnering with local manufacturers and investing in R&D activities to enhance the manufacturing process to reduce the operation costs.

UK Automotive Parts Magnesium Die Casting Market keyplayers

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