North America Automotive Parts Zinc Die Casting Market – Growth & Forecast (2024 – 2032)

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 zinc die casting are used in many ways like door locks, inertia disks, retractor gears, pigeon gears and the sensor components and others. Elasticity, strength and weight management are making zinc products unique from others. However, zinc dies casting parts small when compared to the aluminium and magnesium when observed as a whole.

North America Automotive Parts Zinc Die Casting  Market Size & Growth:

North America Automotive parts zinc die casting market valued at $2.59 billion in 2018 and estimated to reach a value of $2.97 billion in 2024 at CAGR of 2.79 %. Key points like the rapidly growing automotive industry with rising in demand for lightweight materials, energy saving trend and the favourable government initiatives are accelerating this market, and the factors like the price of zinc are expected to escalate over next five years and to run out of the ores in the zinc mines are hampering the market growth.

North America Automotive Parts Zinc Die Casting  Market Share:

North America Automotive parts zinc die casting market classified by type, by raw material,  by application, and by geography. By type, they are segmented as vacuum die casting, pressure dies casting, squeeze die casting and semi-solid casting. By raw material, they are segmented as aluminium, magnesium, zinc, and others.  By application, they are segmented into engine parts, passenger car, body assemblies, transmission parts, commercial car and other applications. By geography, they are segmented as the United States, Canada, and Mexico. North America is holding the most significant share in the global markets dealing with the automotive parts zinc die casting.

North America Automotive Parts Zinc Die Casting  Market Trends:

• The markets related to the Automotive parts zinc die to cast are having the inclined growth. As the principal players like Gibbs die casting and Wiklast Corporation has seen a good increase from past few years in dealing with the zinc die casting.
• Some of the products like Alloy 315, Alloy 360 manufactured by the Wiklast are well known in the field of die casting.
• Zinc die casting done by the Ridco corporation is one of the most significant customs die cast facilities in North America.

North America Automotive Parts Zinc Die Casting  Market Research Reports Includes:

• An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
• To have complete market analysis through industry value chain analysis, Porter’s five, PESTLE, SWOT analysis, and Y-o-Y analysis.
• North America diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
• Identifying DROC in the current market and their impact in altering the market dynamics.
• Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
• Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
• Identify the latest developments, market shares and strategies that are employed by the major market players, such as
• Northwest die casting
• Kenwalt die casting
• HUF Group
• Gibbs die casting group