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Automotive Metal Die Casting Market Trends

  • Report ID: 4120
  • Published Date: Aug 12, 2024
  • Report Format: PDF, PPT

Automotive Metal Die Casting Market Trends

Growth Drivers

  • Convenient Recycling of the Die Casting Components
  • Growing Demand for Lightweight Parts for the Vehicles
  • Rising Adoption of Fuel-Efficient Vehicles
  • Increasing Awareness of Carbon Footprints Prevention

Challenges

  • Requirement for Higher Initial Investment

Automotive Metal Die Casting Market: Key Insights

Base Year

2023

Forecast Year

2024–2036

CAGR

7.5%

Base Year Market Size (2023)

USD 43.12 billion

Forecast Year Market Size (2036)

USD 110.41 billion

Regional Scope
  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:

Author Credits:  Dhruv Bhatia


  • Report ID: 4120
  • Published Date: Aug 12, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of automotive metal die casting is evaluated at USD 45.71 billion.

Automotive Metal Die Casting Market size was over USD 43.12 billion in 2023 and is projected to exceed USD 110.41 billion by 2036, witnessing over 7.5% CAGR during the forecast period i.e., between 2024-2036. Convenient recycling of the die casting components, and rising adoption of fuel-efficient vehicles will impel the market growth.

Asia Pacific industry is anticipated to hold largest revenue share by 2036, propelled by higher demand for die casting components and growing automotive industry in the region.

The major players in the market are Alpha Metals LLC, Sundaram Clayton Limited, Form Technology Inc., Ryobi Limited, Koch Enterprises, Inc., Linamar Corporation, Sandhar Technologies Limited, Endurance Technology Ltd., and Georg Fischer Ltd.
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