AUTOMOTIVE PARTS ALUMINUM DIE CASTING MARKET
Produktbeschreibung
Aluminum die casting is a process of casting aluminum alloy under high pressure. It is widely used in the automotive industry because of its advantages over other metals. Die-casting aluminum auto parts are lighter in weight, have better mechanical properties, and can be easily cast into complex shapes.
The automotive industry is the largest consumer of die casting car parts. In 2015, it consumed around 40% of the total aluminum die-casting production. The demand for automotive aluminum die-casting is growing at a rapid pace owing to the increasing production of vehicles.
The Asia-Pacific region is the largest automotive metal die-casting market. China is the largest market in the region and is also the largest producer of die-casting aluminum auto parts. China has a large automotive industry and is also the largest exporter of aluminum die-casting parts.
AUTOMOTIVE PARTS ALUMINUM DIE CASTING MARKET OVERVIEW
The automotive parts aluminum die casting market is projected to register a CAGR of over 5%, during the forecast period (2020 - 2025). The automotive industry is one of the major end-users of aluminum die casting.
Aluminum die casting is widely used in the automotive industry, owing to its superior mechanical properties, such as a high strength-to-weight ratio and good dimensional stability. Aluminum die casting is used in a variety of automotive applications, such as powertrain, suspension, and body components.
The increasing demand for lightweight vehicles is one of the major factors driving the growth of the automotive metal die casting market. The rising fuel prices and stringent emission regulations are compelling automotive manufacturers to focus on reducing the weight of vehicles.
Aluminium die casting is one of the most widely used methods for manufacturing lightweight automotive components. The automotive parts aluminium die-casting market is consolidated in nature.
The key players in the market of auto die casting companies include Aisin Seiki Co., Ltd., Alcoa Corporation, China Light Industry Machinery Association (CLIMA), and Dynacast International, Inc. The Asia-Pacific region is the largest market for automotive parts aluminium die casting, due to the presence of a large number of automotive manufacturing facilities in the region.
The automotive metal die-casting market is expected to witness significant growth in the Asia-Pacific region, during the forecast period. The growing automotive industry in the region is one of the major factors driving the growth of the market of auto parts die casting manufacturer in the region. China is the largest market for automotive parts aluminium die casting in the Asia-Pacific region, followed by India and Japan.
AUTOMOTIVE PARTS ALUMINUM DIE CASTING MARKET DYNAMICS
The automotive parts aluminum die casting market comprises establishments primarily engaged in manufacturing aluminum die-castings. Die casting is a process in which molten aluminum is injected under high pressure into a mold cavity. The automotive parts aluminum die casting market also includes establishments primarily engaged in aluminum casting using non-die-casting methods.
The automotive parts die casting market is segmented based on type, process, and application.
Based on type, the automotive parts aluminum die casting market is segmented into gravity die casting, low-pressure die casting, and high-pressure die casting.
Based on the process, the auto parts die casting manufacturer market is segmented into hot chamber die casting and cold chamber die casting.
Based on application, the automobile parts made by casting are segmented into engine parts, transmission parts, body parts, and other parts.
There are many types of aluminum alloys used for die casting, but the most popular alloys used in automotive applications are A356 and A380.
Die casting is a very versatile manufacturing process that can produce parts with very tight tolerances and very smooth surfaces.