MRO Magazine

Research and Markets: Global Automotive Parts Magnesium Die Casting Market – Growth, Trends, Forecast (2015-2020)


December 23, 2015
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/brsflk/global_automotive) has announced the addition of the “Global Automotive Parts Magnesium Die Casting Market – Growth, Trends, Forecast (2015-2020)” report to their offering.

The global market for automobile parts magnesium die casting is expected to grow to $3114.71 million by 2020 from $1903.20 million in 2015, with an estimated CAGR of 10.35% over the forecasted period. Increased automation in the die casting industry spiked the productivity and a parallel demand for the former from the automotive industry is dragging the attention of automotive manufacturers towards highly durable die casting parts.

Automobile industry is highly dependent on the environmental protection agency regulations, owing to the high emissions by the automotive units. The move by EPA of raising the mile per gallons standards to 35.5 miles per gallon by 2016 and then 54.5 mpg by 2025 actually helped the die casting industry as the auto industry concluded the only way they can get to those mileage standards is by light weighting the vehicles.

Ability to form casting with RFI and EMI shielding, high electrical conductivity, full recyclability, high impact & dent resistance, exceptional damping capacity, low inertia, higher scope of application as alternative to thermoplastics due to light-weight feature are some of the major factors driving the growth of magnesium market in the automotive parts die casting industry.

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Overview

4. Market Dynamics

5. Market Segmentation

6. Competitive Landscape

7. Key Players

Companies Mentioned:

  • Brabant Alucast
  • Chicago White Metal Casting Inc.
  • China Precision Diecasting
  • Continental Casting Llc
  • Georg Fischer Limited
  • Gibbs Die Casting Group
  • Kinetic Die Casting
  • Magic Precision Inc.
  • Meridian Lightweight Technologies
  • Mk Group Of Companies
  • Morimura Bros. Inc.
  • Ortal Die Casting
  • Pace Industries
  • Ryobi Die Casting Inc.
  • Shiloh Industries Inc.
  • Sundaram Clayton Ltd.
  • Twin City Die Casting Company
  • Ningbo Parison Die Casting Co., Ltd.
  • Pressure Die Casting (Pty) Ltd. (Africa)
  • Rockman Industries Ltd.
  • Ryobi Die Casting Inc.
  • Sandhar Technologies Ltd.
  • Sipra Engineers
  • Sun Beam Auto Pvt. Ltd.
  • Texas Die Casting
  • Tyche Diecast Pvt. Ltd.
  • Voit Automotive
  • Zealous Automotive

For more information visit http://www.researchandmarkets.com/research/brsflk/global_automotive

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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Sector: Non Ferrous Metals, Automotive Parts