Die Casting Market, By Casting Type, By Material: Aluminum, Magnesium, and Zinc), By Application, By Geography

Description

The die casting market is estimated to be valued at US$ 78.12 billion in 2024 and is expected to reach US$ 127.92 billion by 2031, exhibiting a compound annual growth rate (CAGR) of 7.3% from 2024 to 2031.

Figure 1. Die Casting Market Share (%), By Region, 2024

The die casting market has been growing steadily over the past few decades. Die casting is a manufacturing process used to produce parts by forcing molten metal under high pressure into a mold cavity. Some key advantages of die casting include high production rates, net shape production, and dimensional accuracy. Die cast parts are widely used in the automotive, electronics, hardware, and other industries. The automotive industry is a major consumer of die cast components due to requirements for lightweighting and net shape production. Overall demand for die cast parts is expected to rise in line with growth in the end-use industries. Precision, quality, and complexity requirements are increasing which will drive automation and new technology adoption in the die casting process.

Market Dynamics:

The die casting market is driven by growing automotive production and demand for the miniaturization of electronic components. Increasing vehicle content per vehicle to enable new features and technologies is boosting the usage of die cast parts. However, volatility in raw material prices remains a key challenge for market participants. Aluminum is a widely used raw material and its price fluctuations can significantly impact costs. Opportunities lie in adopting Industry 4.0 technologies like AI, IoT, and automation to improve productivity, quality, and spare capacity for complex high-value components. Sustainable and recycling-friendly die casting solutions also present new growth prospects.

Key Features of the Study:

This report provides an in-depth analysis of the global die casting market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2024-2031), considering 2023 as the base year

It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global die casting market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Alcoa Corporation, Bocar Group, Endurance Technologies Limited, Engtek Group, Form Technologies Inc., Georg Fischer Limited, Koch Enterprises, Linamar Corporation, Meridian Lightweight Technologies UK Ltd, Nemak, Rheinmetall AG, Rockman Industries, Ryobi Die Casting Ltd, Sandhar Group, Shiloh Industries, and Sundaram Clayton Ltd are the major players.

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

The global die casting market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global die casting market

Detailed Segmentation-

By Casting Type
- Pressure Die Casting
- Vacuum Die Casting
- Squeeze Die Casting,
- Other
By Material
- Aluminum
- Magnesium
- Zinc
By Application
- Automotive
- Electrical and Electronics
- Industrial
- Other
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key Players Insights
- Alcoa Corporation
- Bocar Group
- Endurance Technologies Limited
- Engtek Group
- Form Technologies Inc.
- Georg Fischer Limited
- Koch Enterprises
- Linamar Corporation
- Meridian Lightweight Technologies UK Ltd
- Nemak
- Rheinmetall AG
- Rockman Industries
- Ryobi Die Casting Ltd
- Sandhar Group
- Shiloh Industries
- Sundaram Clayton Ltd

Product Code: CMI4567

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Casting Type
- Market Snippet, By Material Type
- Market Snippet, By Application Type
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- Market Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New System Launches/Approvals
Impact of COVID-19 Pandemic

4. Global Die Casting Market, By Casting Type, 2019-2031 (US$ Billion)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
Pressure Die Casting
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
Vacuum Die Casting
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
Squeeze Die Casting
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
Other
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)

5. Global Die Casting Market, By Material Type, 2019-2031 (US$ Billion)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
Aluminum
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
Magnesium
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
Zinc
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)

6. Global Die Casting Market, By Application Type, 2019-2031 (US$ Billion)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
Commercial
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
Automotive
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
Electrical and Electronics
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
Industrial
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
Other
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)

7. Global Die Casting Market, By Region, 2019-2031 (US$ Billion)

Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
North America
- Regional Trends
- Market Size and Forecast, By Casting Type, 2019-2031 (US$ Billion)
- Market Size and Forecast, By Material Type, 2019-2031 (US$ Billion)
- Market Size and Forecast, By Application Type, 2019-2031 (US$ Billion)
- Market Share Analysis, By Country, 2024 and 2031 (%)
  - U.S.
  - Canada
Europe
- Regional Trends
- Market Size and Forecast, By Casting Type, 2019-2031 (US$ Billion)
- Market Size and Forecast, By Material Type, 2019-2031 (US$ Billion)
- Market Size and Forecast, By Application Type, 2019-2031 (US$ Billion)
- Market Share Analysis, By Country, 2024 and 2031 (%)
  - U.K.
  - Germany
  - France
  - Russia
  - Rest of Europe
Asia Pacific
- Regional Trends
- Market Size and Forecast, By Casting Type, 2019-2031 (US$ Billion)
- Market Size and Forecast, By Material Type, 2019-2031 (US$ Billion)
- Market Size and Forecast, By Application Type, 2019-2031 (US$ Billion)
- Market Share Analysis, By Country, 2024 and 2031 (%)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Latin America
- Regional Trends
- Market Size and Forecast, By Casting Type, 2019-2031 (US$ Billion)
- Market Size and Forecast, By Material Type, 2019-2031 (US$ Billion)
- Market Size and Forecast, By Application Type, 2019-2031 (US$ Billion)
- Market Share Analysis, By Country, 2024 and 2031 (%)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Middle East and Africa
- Regional Trends
- Market Size and Forecast, By Casting Type, 2019-2031 (US$ Billion)
- Market Size and Forecast, By Material Type, 2019-2031 (US$ Billion)
- Market Size and Forecast, By Application Type, 2019-2031 (US$ Billion)
- Market Share Analysis, By Country, 2024 and 2031 (%)
  - South Africa
  - GCC Countries
  - Rest of the Middle East and Africa

8. Competitive Landscape

Company Profiles
- Alcoa Corporation
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Bocar Group
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Endurance Technologies Limited
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Engtek Group
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Form Technologies Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Georg Fischer Limited
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Koch Enterprises
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Linamar Corporation
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Meridian Lightweight Technologies UK Ltd
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Nemak
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Rheinmetall AG
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Rockman Industries
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Ryobi Die Casting Ltd
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Sandhar Group
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Shiloh Industries
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Sundaram Clayton Ltd
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates

9. Wheel of Fortune

Wheel of Fortune
Analyst View
Coherent Opportunity Map

10. Section

References
Research Methodology
About us and Sales Contact