Germany Automotive Parts Zinc Die Casting Market Size
| 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 |
Germany Automotive Parts Zinc Die Casting Market Analysis
The German 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 dies 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.
Germany Automotive Parts Zinc Die Casting Market Trends
This section covers the major market trends shaping the Germany Automotive Parts Zinc Die Casting Market according to our research experts:
Rising Demand for Vacuum Die Casting and Enactment of Stringent Emission Regulations
Globally, countries have formulated stringent emission norms to cater to the cause of reducing global warming. Efforts are being made by governments worldwide, to minimize the negative effects of global warming and reduce the carbon footprint.
The European Union introduced the Euro VI norms in 2014, according to which, nitrogen oxide emissions must be below 0.4g/KWh and particulate emissions must be below 0.01g/KWh. Japan is in the process of introducing new emission norms that are based on the Euro VI norms.
A number of countries are implementing emission standards, OEMs worldwide are expected to explore new technologies that help in reducing emission in automobiles. The freight companies and fleet owners are extensively moving toward technologies, which are expected to reduce the average emission rate.
Earlier, pressure die casting was the majorly employed production process. However, the vacuum die casting process has been gaining popularity over the past couple of years, due to its better welding characteristics, higher mechanical strength, and lower gas porosity.
Germany - Leading the Market Growth in Europe
The European automotive industry is technically the most advanced and innovative industry, globally. Due to the economic crisis and political pressures, the reduction of fuel consumption and CO2 emission has become a major agenda for automobile manufacturers in the region. This has been achieved through a reduction in the weight of the automobile, as well as better design and constructions, which seems to be the most favorable solution at present. Non-ferrous castings in Europe registered an average performance of 20 metric tons per employee, with a range of up to 58 metric tons. Moreover, over 80% of the castings produced in Europe are delivered within the European region.
The automotive parts zinc die casting market is dominated by Germany. With the growth in vehicle light-weight and broader energy-saving trends, as well as the expanding industrial and manufacturing sectors, the automotive parts zinc die casting market has grown substantially in this region. India is consolidating its position, with strong domestic and external demand for high-quality zinc die-cast components at lower prices. The aforementioned factors are driving the market for automotive parts zinc die casting in the Asia-Pacific region
Germany Automotive Parts Zinc Die Casting Industry Overview
The automotive parts zinc die casting market is majorly dominated by few players Dynacast, Brillcast Manufacturing LLC, Pace Industries, Sandhar Technologies Ltd, Ashok Minda Group, and Kemlows Die Casting Products Ltd, among others.
The companies are focusing on providing the best quality products to the customers, by investing in R&D projects and conducting certification programs. For instance,
- Sandhar Technologies Ltd objective is to be the leader in its chosen products and processes, be the trusted partner in the growth of the stakeholders, offer competitive prices to the customers through technical innovations and process standardization, have a strong R&D base to ensure high quality, provide services that enhance customer satisfaction, create benchmarks for all sets of industries, and be a socially accountable organization.
- Brillcast Manufacturing LLC, in conjunction with local universities, implemented a comprehensive certification program for zinc die-cast manufacturer operators. The company strives to provide an environment where the employees are encouraged to be more effective at work, home, and in their communities.
Germany Automotive Parts Zinc Die Casting Market Leaders
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Sandhar Technologies Ltd
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Brillcast Manufacturing LLC
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Dynacast
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Pace Industries
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Ashok Minda Group
*Disclaimer: Major Players sorted in no particular order
Germany Automotive Parts Zinc 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
- 4.1 Market Drivers
- 4.2 Market Restraints
-
4.3 Porters Five Force Analysis
- 4.3.1 Threat of New Entrants
- 4.3.2 Bargaining Power of Buyers/Consumers
- 4.3.3 Bargaining Power of Suppliers
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
-
5.1 Production Process Type
- 5.1.1 Pressure Die Casting
- 5.1.2 Vacuum Die Casting
- 5.1.3 Other Productino Process Types
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5.2 Application Type
- 5.2.1 Body Assemblies
- 5.2.2 Engine Parts
- 5.2.3 Transmission Parts
- 5.2.4 Other Aplication Types
6. COMPETITIVE LANDSCAPE
- 6.1 Vendor Market Share
-
6.2 Company Profiles
- 6.2.1 Sandhar technologies Ltd
- 6.2.2 Brillcast Manufacturing LLC
- 6.2.3 Empire Casting Co
- 6.2.4 Dynacast
- 6.2.5 Pace Industries
- 6.2.6 Ningbo Die Casting Company
- 6.2.7 Kemlows Diecasting Products Ltd
- 6.2.8 Cascade Die Casting Group Inc
- 6.2.9 Ashook Minda Group
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityGermany Automotive Parts Zinc Die Casting Industry Segmentation
The German automotive parts zinc die casting market report contains the latest trends and technological developments in the market, and demand by production process type, and application type.
| Production Process Type | Pressure Die Casting |
| Vacuum Die Casting | |
| Other Productino Process Types | |
| Application Type | Body Assemblies |
| Engine Parts | |
| Transmission Parts | |
| Other Aplication Types |
Germany Automotive Parts Zinc Die Casting Market Research FAQs
What is the current Germany Automotive Parts Zinc Die Casting Market size?
The Germany 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 Germany Automotive Parts Zinc Die Casting Market?
Sandhar Technologies Ltd, Brillcast Manufacturing LLC, Dynacast, Pace Industries and Ashok Minda Group are the major companies operating in the Germany Automotive Parts Zinc Die Casting Market.
What years does this Germany Automotive Parts Zinc Die Casting Market cover?
The report covers the Germany Automotive Parts Zinc Die Casting Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Germany Automotive Parts Zinc Die Casting Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Germany Automotive Parts Zinc Die Casting Industry Report
Statistics for the 2024 Germany Automotive Parts Zinc Die Casting market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Germany Automotive Parts Zinc Die Casting analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
