Brazil Automotive Parts Aluminum Die Casting Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.93 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Brazil Automotive Parts Aluminum Die Casting Market Analysis
The Brazil automotive parts aluminum die casting is valued at USD 1.12 billion in the current year and is anticipated to grow to USD 4.64 billion by the next five years, registering a CAGR of 5.93% in terms of revenue during the forecast period.
Brazil includes an aluminum consumption of 8.6 Kg per capita, while the world average is 11 kg. Brazil ranks 14th on the list for aluminum production across the world. With the increasing pollution levels around the world, carmakers are looking for lightweight components to reduce fuel consumption and curb the emission of harmful pollutants into the atmosphere. Aluminum provides weight savings of up to 50% compared to the traditional mild steel structure.
Aluminum contains equal or more superior strength and absorbs twice crash-induced energy. Lowering the vehicle weight will allow a downsizing engine, transmission, suspension, and wheels. OEMs are trying to reduce the weight of automobiles by employing lightweight, non-ferrous metals to meet the emissions regulations and policies. Using aluminum die-casting parts is adapted as the main strategy. Aluminium is a sustainable and resource-efficient material. It can be recycled, and the world average remains 45%. Aluminum pressure parts are later used in the recycling process to form aluminum alloys with very large applications.
Brazil Automotive Parts Aluminum Die Casting Market Trends
Rising Demand for Pressure Die Casting in Automobiles
The pressure die casting segment includes a significant presence in the Brazilian automotive parts aluminum diecasting market. Pressure die casting is a widely adopted manufacturing process for producing high-quality aluminum parts used in the automotive industry.
Pressure die casting involves injecting molten aluminum alloy into a steel die under high pressure, resulting in the formation of complex and intricately shaped automotive parts with tight tolerances. This process offers several advantages that make it a preferred choice for the production of automotive components in Brazil.
Pressure die casting offers cost-effective production for high-volume runs. The process minimizes material waste and requires fewer secondary operations such as machining or assembly, reducing overall manufacturing costs. Pressure die casting can produce parts with excellent surface finishes, reducing the need for additional finishing processes. It is crucial for automotive components that require a smooth and visually appealing appearance.
Aluminum's natural corrosion resistance and thermal conductivity make it well-suited for automotive applications. It can handle a wide range of temperatures and weather conditions, ensuring the longevity and reliability of components.
Aluminium Components Decreasing Emissions in Vehicles
Aluminium is a widely favored metal in the production of automotive components. Its dimensional stability makes it a prime selection for thin-walled machine parts. Aluminum die casting is favored for its lightweight properties. As automakers strive to meet stringent fuel efficiency and emission standards, reducing vehicle weight is essential. Aluminum's low density and high strength-to-weight ratio make it an ideal material for lightweighting, improving vehicle fuel efficiency and overall performance.
Aluminum die casting allows for complex and intricate designs, which are increasingly important in modern automotive styling and aerodynamics. Designers can create components with intricate shapes and fine details, enhancing vehicle performance. Lightweight components contribute to improved fuel efficiency and reduced carbon emissions. Aluminum die-cast parts such as engine components and structural elements help automakers achieve these goals.
A number of countries are implementing emission standards, and OEMs worldwide are expected to explore new technologies that help in reducing emissions in automobiles. Freight companies and fleet owners are extensively moving toward technologies that are expected to reduce the average emission rate.
Brazil Automotive Parts Aluminum Die Casting Industry Overview
The Brazil automotive parts aluminum die casting market is both consolidated and fragmented. A few major players in the market are Dynacast, Endurance Technologies, SYX die casting, Sunbeam Auto Pvt. Ltd., and Sandhar Group, among others.
Brazil Automotive Parts Aluminum Die Casting Market Leaders
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Dynacast Inc
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Endurance Technologies
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Sandhar Group
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SGX Die Casting
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Sunbeam Auto Pvt. Ltd.
*Disclaimer: Major Players sorted in no particular order
Brazil Automotive Parts Aluminum Die Casting Market News
- March 2022: Ningbo Tuopu Group Co. Ltd (Tuopu Group) announced that the integrated huge die-casting rear cabin that is developed based on the 7,200-ton giant die-casting machine rolled off the assembly line at the Hangzhou Bay plant in Ningbo.
- January 2022: South32, in collaboration with its joint venture partner Alcoa, announced to recommence production at the Alumar aluminum smelter in Brazil by using 100% renewable energy. As part of this initiative, the partners announced a total investment of USD 175 million to restart operations at the smelter known as Brazil Aluminium, as reported by the Australian Financial Review (AFR).
Brazil Automotive Parts Aluminum Die Casting Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
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4.1 Market Drivers
- 4.1.1 Increasingly Focused On Reducing Vehicle Weight To Improve Fuel Efficiency
- 4.1.2 Cost-effectiveness
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4.2 Market Restraints
- 4.2.1 Competitiveness Of Alternative Materials
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4.3 Porter's Five Forces Analysis
- 4.3.1 Bargaining Power of Suppliers
- 4.3.2 Bargaining Power of Buyers/Consumers
- 4.3.3 Threat of New Entrants
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size in Value USD)
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5.1 By Production Process Type
- 5.1.1 Pressure Die Casting
- 5.1.2 Vacuum Die Casting
- 5.1.3 Squeeze Die Casting
- 5.1.4 Semi-Solid Die Casting
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5.2 By Application Type
- 5.2.1 Body Assembly
- 5.2.2 Engine Parts
- 5.2.3 Transmission Parts
- 5.2.4 Others
6. COMPETITIVE LANDSCAPE
- 6.1 Vendor Market Share**
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6.2 Company Profiles
- 6.2.1 Amtek Group
- 6.2.2 Dynacast Inc.
- 6.2.3 ALUMINIUM DIE CASTING (CHINA) LTD.
- 6.2.4 ECO Die Castings
- 6.2.5 CASTWEL AUTOPARTS PVT. LTD.
- 6.2.6 GIBBS DIE CASTING GROUP
- 6.2.7 Endurance Technologies Ltd.
- 6.2.8 SYX Die Casting
- 6.2.9 Sandar Technologies
- 6.2.10 Sunbeam Auto Pvt. Ltd.
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
- 7.1 Electric Vehicle (EV) Market Growth
- 7.2 Integration Of Advanced Technologies
Brazil Automotive Parts Aluminum Die Casting Industry Segmentation
Automotive parts aluminum die casting refers to a manufacturing process used to create various automotive components and parts from aluminum alloys. This process involves injecting molten aluminum into precision-designed molds or dies at high pressure, allowing the aluminum to take the shape of the mold cavity. Once cooled and solidified, the resulting parts are removed from the mold, resulting in intricate, dimensionally accurate, and high-strength components.
The automotive aluminum die-casting market is segmented by production process type and application type. By production process type, the market is segmented into pressure die casting, vacuum die casting, and other production process types. By application type, the market is segmented into body assemblies, engine parts, transmission parts, and other application types. The report offers market size and forecasts for Brazil Automotive Parts Aluminium Die Casting Market in Value (USD) for all the above segments.
| By Production Process Type | Pressure Die Casting |
| Vacuum Die Casting | |
| Squeeze Die Casting | |
| Semi-Solid Die Casting | |
| By Application Type | Body Assembly |
| Engine Parts | |
| Transmission Parts | |
| Others |
Brazil Automotive Parts Aluminum Die Casting Market Research FAQs
What is the current Brazil Automotive Parts Aluminium Die Casting Market size?
The Brazil Automotive Parts Aluminium Die Casting Market is projected to register a CAGR of 5.93% during the forecast period (2024-2029)
Who are the key players in Brazil Automotive Parts Aluminium Die Casting Market?
Dynacast Inc, Endurance Technologies, Sandhar Group, SGX Die Casting and Sunbeam Auto Pvt. Ltd. are the major companies operating in the Brazil Automotive Parts Aluminium Die Casting Market.
What years does this Brazil Automotive Parts Aluminium Die Casting Market cover?
The report covers the Brazil Automotive Parts Aluminium Die Casting Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Brazil Automotive Parts Aluminium Die Casting Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Brazil Automotive Parts Aluminum Die Casting Industry Report
Statistics for the 2024 Brazil Automotive Parts Aluminum Die Casting market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Brazil Automotive Parts Aluminum Die Casting analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
