Die casting is the method of producing the metal parts formed by the die(mould). The products are made with high degree accuracy and reliability with mass scale of production. Products which are formed by the Aluminium die casting mainly are the lightweight materials used in the end-user industries like consumer electronics and military. These markets are having huge fame when compared with magnesium and zinc markets because of the advantages got by Aluminium.
The Middle East & Africa Automotive Parts Aluminium Die Casting Market Size & Growth:
The Middle East & Africa Automotive parts Aluminium die casting market valued at $ 53.52 billion in 2018 and estimated to reach a value of $ 75.10 billion in 2024 at CAGR of 7.21%. Key points Increased demand for lightweight vehicles and consumer appliances, large-scale investments in industrial & manufacturing units, Aluminium is recyclable and resistant to corrosion are propelling this market, and the factors like an economic downturn in developed regions replacement of Aluminium alloys with magnesium are hindering
The Middle East & Africa Automotive Parts Aluminium Die Casting Market Share:
The Middle East & Africa Automotive parts Aluminium die casting market is classified by production process type, by application, and by geography. Organisation process type, these are segmented as vacuum die casting, pressure dies casting, squeeze die casting and semi-solid casting. By application, these increase into engine parts, passenger car, body assemblies, transmission parts, commercial car and other applications. By geography, these are segmented as the Middle East and Africa.
The Middle East & Africa Automotive Parts Aluminium Die Casting Market Trends:
The Middle East & Africa Automotive Parts Aluminium Die Casting Market Research Reports Includes:
Starting from $2700
Starting from $2700
Starting from $2700
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