Global High Pressure Die Casting Market Report and Forecast 2024-2032

Global High Pressure Die Casting Market Outlook

The global high pressure die casting market is expected to grow in the forecast period of 2024-2032 at a CAGR of 6.68%.

Rising Applications in the Automotive Industry Bolstering the Growth of the Market

The global market for high pressure die casting is being driven by its varied applications in automotive, industrial, and electrical applications. High pressure die casting produces large, light-alloy parts in large quantities while maintaining speed and efficiency. As a result, high pressure die casting is popularly used in the automotive industry for the production of engine blocks, gearbox casings, oil slumps, and structural parts like cross-car beams, among other automobile parts. This has been a significant factor contributing the growth of the market.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

As the demand for automobiles rises with improving vehicular technology and inflating per capita incomes, the demand for high pressure die casting is also surging from the automotive sector, thus furthering the market growth. In addition to this, the added advantage of achieving a broader range of shapes, eliminating the need for assembly or welding, is stimulating the growth of the market. Thus, these are some of the factors augmenting the growth of the market.

High Pressure Die Casting: Market Segmentation

High pressure die casting refers to a process where molten metal, such as aluminium, zinc, and magnesium, is forced under extreme pressure into a sealed mould cavity to achieve particular shapes.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

On the basis of raw material type, the market can be divided into:

• Aluminium
• Zinc
• Magnesium

The market, based on application, the market can be classified into:

• Automotive 
• Electrical and Electronics  
• Industrial Applications 
• Others

The EMR report looks into the regional markets of high pressure die casting like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Rising Demand for Aluminium High Pressure Die Casting Providing Impetus to the Market Growth

The market growth of high pressure die casting is being led by the rising use of aluminium as a raw material. The demand for high pressure aluminium die casting parts has increased across industry verticals owing to high flexibility lightweight composition to achieve complex shapes. Furthermore, the growing demand for aluminium can also be associated with stringent government regulations to reduce the weight of the vehicle to reduce carbon and GHG emissions. Apart from this, the demand for aluminium in high pressure die casting from the construction sector is further boosting the growth of the market. Aluminium is widely used for its strength and lightweight structure to manufacture window frames, roof superstructures, and building frames, among others. The surge in residential and commercial constructions are favouring the growth of the market.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Key Industry Players in the Global High Pressure Die Casting Market

The report presents a detailed analysis of the following key players in the global high pressure die casting market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

• Dynacast 
• Koch Enterprises Inc.
• Endurance Group
• Ryobi Die Casting Inc.
• Shiloh Industries Ltd
• Georg Fischer AG
• Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report