Automotive Parts Magnesium Die Casting Market Share

Market Share of Automotive Parts Magnesium Die Casting Industry

The global automotive parts magnesium die casting market isdomnaitng by regional small- and medium-scale players across both developing and developed countries around the world. Major recognized players, such as Georg Fischer Automotive, Ryobi Die Casting, Shiloh Industries, and Pace Industries, accounted for over 30% of the overall global market share.

Growing merger and acquisition between vehicle manufacturer and automotive parts manufacturing companies across the globe is witnessing major growth for the market. Major industries investing on research and development facilities on the light weight parts to enhance vehicle fuel efficiency. For instance, 

• In May 2022, GF Casting Solutions, a division of GF, Schaffhausen and the Bocar Group have signed an agreement to offer a specialized range of products and services worldwide. The collabration helped to develop and invest in new technologies and services to support customers in North America, Europe and Asia. 
• In January 2022, Koch Enterprises, Inc. has announced the acquisition of Amprod Holdings, LLC.

Automotive Parts Magnesium Die Casting Market Leaders

1. Georg Fischer AG

2. Shiloh Industries Inc.

3. Pace Industries

4. Gibbs Die Casting Group

5. Sundaram Clayton Limited

*Disclaimer: Major Players sorted in no particular order