The growing market for light weight vehicles to reduce CO₂ emissions is identified as one of the primary drivers for growth in this market. European Commission has targeted to reduce the vehicle emissions to an average fleet emission of 175g CO2/km by 2017 and 147g CO2/km by 2020 for the light vehicle segment. Manufacturers were mandated to meet the emission targets of 175g CO2/km in 70% of the commercial vehicle fleet in 2014 and are expected to do so in 75% of their LCVs in 2015, 80% in 2016, and 100% of their fleet by 2017. As a result, major OEMs shifted their focus on manufacturing lightweight automobiles. In addition, the demand for sturdy, corrosion-resistant and stable automotive components has driven the demand for aluminum, magnesium and zinc die-cast components.
The introduction of simulation-based castings is one of the key trends that will drive the growth prospects for the global die casting market in the forthcoming years. The simulation-based casting process is used to produce components that are cost-effective, have high-precision, and reliable. This casting process involves various benefits such as it ensures an easy and accurate fault detection. Simulation-based manufacturing results in reduced wastage and operational costs. Additionally, they can also predict defects and their location easily and more precisely than the conventional method.
Zinc has become one of the major metals employed in the automotive industry. Strength, ductility and weight management in an automobile are made easy by employing zinc die castings. The price of zinc raw material is expected to escalate over the next few years, which could be attributed supply shortage caused due to the closure of one of the world’s largest zinc.
Major players: ACME REFINING, CHEM TREND, CHEMTOOL, HENKEL, CROSS CHEMICAL, HILL AND GRIFFITH, QUACKER, MACLUBE, J&S CHEMICAL CORP
Key Developments in the Market
December 2017: Sandhar Technologies and Daeshin Machinery form joint venture
January 2017: Dynacast acquires Taurus ’80, a precision zinc die casting company.
Reasons to Purchase this Report
1. The report analyses how the rising emission norms in EU will impact automotive die casting industry.
2. Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
3. Identify the latest developments, market shares and strategies employed by the major market players.
4. 3 months analyst support along with the Market Estimate sheet in excel.
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1.1. Research Methodology
1.2. General Study Assumptions
2. Research Methodology
2.2. Analysis Methodology
2.3. Study Assumptions
2.4. Econometric Forecast Model
3. Executive Summary
4. Market Overview And Technology Trends
4.1. Current Market Scenario
4.2. Technology Trends
4.3. Porter's Five Forces Analysis
4.3.1. Bargaining Power Of The Suppliers
4.3.2. Bargaining Power Of The Consumers
4.3.3. Threat Of New Entrants
4.3.4. Threat Of Substitute Products And Services
4.3.5. Competitive Rivalry Within The Industry
5. Market Dynamics
5.1.1. Tighter Emission Norms
5.2.1. Volatile Prices Of Raw Material
5.2.2. High Production And Maintenance Cost
5.3.1. Recovering Global Automotive Industry
5.3.2. Demand From The Electric Vehicle Industry
6. France Automotive Parts Zinc Die Casting Market, Segmented By Production Process Type
6.1. Pressure Die Casting
6.2. Vacuum Die Casting
6.3. Squeeze Die Casting
6.4. Semi Solid Die Casting
7. France Automotive Parts Zinc Die Casting Market, Segmented By Application Type
7.1. Engine Parts
7.2. Transmission Components
7.3. Body Parts
8. Competitive Landscape
8.2. Market Share Analysis
8.3. Key Players And Developments
9. Company Profiles
9.1. Castwel Autoparts Pvt Ltd.
9.3. Endurance Group
9.4. Gibbs Die Casting Group
9.5. Kinetic Die Casting Company
9.6. Mino Industry Usa, Inc
9.7. Ningbo Parison Die Casting Co., Ltd.
9.8. Raltor Metal Technik India Pvt. Ltd
9.9. Rockman Industries Ltd.
9.10. Ryobi Die Casting Inc.
9.11. Sandhar Technologies Limited
9.12. Sipra Engineers
9.13. Spark Minda, Ashok Minda Group
9.14. Sunbeam Auto Pvt. Ltd
9.15. Texas Die Casting
9.16. Tyche Diecast Private Limited
10. Future Outlook
- Castwel Autoparts Pvt Ltd
- Endurance Group
- Gibbs Die Casting Group
- Kinetic Die Casting Company
- Mino Industry Usa Inc
- Ningbo Parison Die Casting Co. LTD
- Raltor Metal Technik India Pvt. Ltd
- Rockman Industries Ltd
- Ryobi Die Casting Inc
- Sandhar Technologies Limited
- Sipra Engineers
- Spark Minda
- Ashok Minda Group
- Sunbeam Auto Pvt. Ltd
- Texas Die Casting
- Tyche Diecast Private Limited