Automotive Parts Die Casting Market

United States Automotive Parts Die Casting Market by Process (Pressure Die Casting, Vacuum Die Casting, Squeeze Die Casting, and Others), and Raw Materials (Aluminum, Magnesium, and Zinc) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: AL-1979
  • Author: Growth Market Reports
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  • No. Of Pages: 174
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The United States automotive parts die casting market size is projected to expand at a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the growing automobile market, increasing penetration of die casting components in commercial machinery, developing constructional sector, and using aluminum casts in electric and electronics.

United States Automotive Parts Die Casting Market key takeaways

Die casting is a metal casting process, which is characterized by replacing molten metal into the mold cavity under high pressure. Generally, die castings constitute of non-ferrous metals, such as copper, aluminum, zinc, lead, tin, and magnesium. Die casting is one of the cheapest and fastest molding processes. The advantage of this manufacturing process is that hundreds of castings can be manufactured relatively quickly with one mold. It is an automated casting process in which a liquid made of a low melting point alloy is pressed into a mold under high pressure and high filling speed.

The Covid-19 pandemic affected the demand and supply of United States automotive parts 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.

Market Trends, Drivers, Restraints, and Opportunities

  • Rising demand for fuel-efficient vehicles and introduction of light-weight vehicles is expected to boost the market during the forecast period.
  • Rapid growth of the automotive industry owing to increasing demand for electric vehicles is major factors fueling the market.
  • Increasing industrialization and manufacturing of machinery and parts is anticipated to drive the market during forecast period.
  • High volatility in cost of die casting mechanism is expected to hamper the market growth.
  • Stringent regulations by government for environmental emission in metallurgic process act as major challenges that can hamper the market growth during the forecast period.
  • R&D investment and innovation of new casting mechanism that are eco-friendly and low cost techniques is projected to offer significant opportunities for the market players.

Scope of the Report

The report on the United States automotive parts 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

United States Automotive Parts Die Casting Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Process (Pressure Die Casting, Vacuum Die Casting, Squeeze Die Casting, and Others), and Raw Materials (Aluminum, Magnesium, and Zinc)

Geography

United States

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; Ryobi Die Casting Inc.; Nemak; GF Casting Solution; and Rheinmetall Automotive AG

 

Market Segment Insights

The pressure die casting segment is projected to hold a key market share

Based on process, the United States automotive parts die casting market is divided into pressure die casting, vacuum die casting, squeeze die casting, and others. The pressure die casting segment is expected to represent a key share of the market during the forecast period owing to its advantage in producing precise and inexpensive metal castings under high pressure and high speed. They are ideal for the automotive, electrical, aerospace, glass, and home appliance industries. It has many advantages such as it is suitable for a wide range of applications, manufacturing of very complex and precise parts, and help in long-term production or mass production. This segment is divided into high pressure casting and low pressure casting. High pressure casting proved to be beneficial to both manufacturers and consumers.

United States Automotive Parts Die Casting Market by process

The zinc segment is expected to expand at a rapid pace

On the basis of raw materials, the market is segregated into zinc, aluminum, and magnesium. The zinc segment is expected to represent a key share of the market during the forecast period. Zinc has become one of the most important metals in the automotive industry, especially for products such as door lock covers, ratchets, retractors and pulleys, camshafts, and sensor parts. Due to the combined effect of emission standards, consumer preferences, and the shift from traditional internal combustion engines to electric vehicles, the electric vehicle industry has developed rapidly. Electric or hybrid vehicles benefit significantly when the transmission system and transmission system components (such as electric motors) are part of zinc die-cast parts. The economic recovery in country and increasing disposable income is expected to increase as consumers’ preferences for clean cars continue to change during forecast period. The automobile manufacturing process has opened up new opportunities for die-cast zinc auto parts on the world stage.

United States Automotive Parts Die Casting Market by raw materials

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automotive Parts 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 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 Die Casting Market - Supply Chain
  4.5. Global Automotive Parts Die Casting Market Forecast
     4.5.1. Automotive Parts Die Casting Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Automotive Parts Die Casting Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Automotive Parts Die Casting Market Absolute $ Opportunity
5. Global Automotive Parts 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 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 Die Casting Demand Share Forecast, 2019-2026
6. North America Automotive Parts 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 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 Die Casting Demand Share Forecast, 2019-2026
7. Latin America Automotive Parts 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 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 Die Casting Demand Share Forecast, 2019-2026
8. Europe Automotive Parts 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 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 Die Casting Demand Share Forecast, 2019-2026
9. Asia Pacific Automotive Parts 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 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 Die Casting Demand Share Forecast, 2019-2026
10. Middle East & Africa Automotive Parts 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 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 Die Casting Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Automotive Parts Die Casting Market: Market Share Analysis
  11.2. Automotive Parts Die Casting Distributors and Customers
  11.3. Automotive Parts Die Casting Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Shiloh Industries
     11.4.2. Ryobi Die Casting Inc.
     11.4.3. Nemak
     11.4.4. GF Casting Solution
     11.4.5. Rheinmetall Automotive AG

Segments Covered in the Report
The United States automotive parts die casting market has been segmented on the basis of

Process

  • Pressure Die Casting
  • Vacuum Die Casting
  • Squeeze Die Casting
  • Others

Raw Materials

  • Zinc
  • Magnesium
  • Aluminum

Key Players

  • Shiloh Industries
  • Ryobi Die Casting Inc.
  • Nemak
  • GF Casting Solution
  • Rheinmetall Automotive AG

Key players competing in the United States automotive parts die casting market include Shiloh Industries; Ryobi Die Casting Inc.; Nemak; GF Casting Solution; and Rheinmetall Automotive AG.

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.

United States Automotive Parts Die Casting Market by key players

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