Market Size of Europe Automotive Parts Zinc Die Casting Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Europe Automotive Parts Zinc Die Casting Market Analysis
The European automotive parts zinc die casting market is anticipated to register a CAGR of over 3%, during the forecast period (2020 - 2025).
- The usage of zinc die casting is almost 28% in the automotive industry, for applications, like inertia disks, retractor gears, etc., followed by the building and hardware sectors. Along with merits, like resistance, versatility, toughness, and low cost, zinc die casting produces low-level emissions in air and water.
- In order to reduce automobile emissions and increase fuel efficiency, CAFÉ standards and EPA policies are driving the automakers to reduce the weight of the automobile, by employing lightweight non-ferrous metals. Employing die-cast parts as a weight reduction strategy is a major driver for the automotive segment of the market. Although heavier than aluminum, the lower cost of these parts and higher intricacy allowance make them more suitable in certain applications.
- As compared to other die casting parts, zinc die casting parts are usually equipped with better mechanical properties, like toughness, and offer higher surface finish and lower thermal shock during casting (as a result of their lower operating temperature).
- The market witnesses opportunities in the form of the increasing electric vehicle sales, which require higher density of lightweight components. Major companies, like Dynacast, are focusing on identifying affordable raw materials and alloys that offer better durability.
Scope of the Report
Europe Automotive Parts Zinc Die Casting Industry Segmentation
The European automotive parts zinc die casting market is segmented by production process type, application type, and geography.
| Production Process Type | |
| Pressure Die Casting | |
| Vacuum Die Casting | |
| Other Productino Process Types |
| Application Type | |
| Body Assemblies | |
| Engine Parts | |
| Transmission Parts | |
| Other Aplication Types |
| Geography | |
| Germay | |
| France | |
| United Kingdom | |
| Italy | |
| Rest of Europe |
Europe Automotive Parts Zinc Die Casting Market Size Summary
The European automotive parts zinc die casting market is experiencing growth driven by the increasing demand for lightweight components in vehicles, which is essential for meeting stringent emission norms and improving fuel efficiency. Zinc die casting is favored in the automotive sector due to its resistance, versatility, toughness, and cost-effectiveness, despite being heavier than aluminum. The market is supported by the adoption of zinc die casting in various applications such as inertia disks and retractor gears, and it benefits from the shift towards electric vehicles that require high-density lightweight components. The market is characterized by the dominance of Germany, followed by Italy and France, with major players like Dynacast and Brillcast Manufacturing LLC focusing on innovation and quality to maintain their competitive edge.
The European Union's stringent emission standards, such as the Euro VI norms, are prompting automotive manufacturers to explore new technologies and materials to reduce emissions and carbon footprints. The market is also witnessing a shift from traditional pressure die casting to vacuum die casting processes, which offer better mechanical properties and lower gas porosity. Companies in the region are investing in research and development to enhance product quality and meet the evolving demands of the automotive industry. The focus on technical innovations, process standardization, and customer satisfaction is driving the growth of the zinc die casting market in Europe, as manufacturers strive to lead in their chosen products and processes while maintaining social accountability.
Europe Automotive Parts Zinc Die Casting Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porters Five Force Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Production Process Type
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2.1.1 Pressure Die Casting
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2.1.2 Vacuum Die Casting
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2.1.3 Other Productino Process Types
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2.2 Application Type
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2.2.1 Body Assemblies
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2.2.2 Engine Parts
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2.2.3 Transmission Parts
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2.2.4 Other Aplication Types
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2.3 Geography
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2.3.1 Germay
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2.3.2 France
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2.3.3 United Kingdom
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2.3.4 Italy
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2.3.5 Rest of Europe
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Europe Automotive Parts Zinc Die Casting Market Size FAQs
What is the current Europe Automotive Parts Zinc Die Casting Market size?
The Europe Automotive Parts Zinc Die Casting Market is projected to register a CAGR of greater than 3% during the forecast period (2024-2029)
Who are the key players in Europe Automotive Parts Zinc Die Casting Market?
Sandhar Technologies , Brillcast Manufacturing LLC, Dynacast, Pace Industries and Ashok Minda Group are the major companies operating in the Europe Automotive Parts Zinc Die Casting Market.
