Brazil Automotive Parts Zinc Die Casting Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 463.5 Million |
| Market Size (2029) | USD 535.60 Million |
| CAGR (2024 - 2029) | 3.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Brazil Automotive Parts Zinc Die Casting Market Analysis
The Brazil Automotive Parts Zinc Die Casting Market size is estimated at USD 463.5 million in 2024, and is expected to reach USD 535.60 million by 2029, growing at a CAGR of 3% during the forecast period (2024-2029).
The automotive parts zinc die casting market in Brazil has been experiencing consistent growth, paralleling the progress of the country's robust automotive industry. Brazil boasts a well-developed automotive sector, which has been a significant driver for the demand for zinc die-cast components.
Zinc die casting is a preferred manufacturing technique in the automotive industry due to its efficiency, cost-effectiveness and capability to produce high-quality components. This process plays a vital role in reducing vehicle weight and enhancing fuel efficiency, consequently lowering CO2 emissions.
Known for their durability and corrosion resistance, zinc components, when utilized in automotive applications, contribute to prolonging the overall lifespan of vehicles. This reduces the frequency of part replacements and the emissions associated with manufacturing new parts, underscoring the environmental benefits of using zinc in automotive manufacturing in Brazil.
Brazil Automotive Parts Zinc Die Casting Market Trends
Rising Demand for Pressure Die Casting in Automobiles
Pressure die casting is a highly efficient process where molten zinc is injected into a mold under high pressure. This method is particularly suited for producing large volumes of complex shapes with high precision and excellent surface finish.Pressure die casting involves injecting molten zinc into a steel mold under high pressure. This method is particularly effective for achieving precise dimensional control, complex geometries and a smooth surface finish which are critical attributes for many automotive components.
As, the fluidity of molten zinc allows it to fill intricate molds completely making it ideal for manufacturing complex shapes with precision. This is crucial for automotive parts that must fit into specific spaces or interface with other components seamlessly.Zinc alloys known for their high strength and toughness are ideal for parts that undergo mechanical stress, vibration or impact in automotive applications. This leads to longer service life and reliability of parts essential in the automotive industry.Furthremore, Zinc’s natural ability to resist corrosion adds to the longevity of automotive components, especially those exposed to challenging environmental conditions. This property is particularly important for external or under-the-hood components that are prone to rust and corrosion.
Brazil's expanding automotive sector demands high-quality components. Pressure die casting meets this need by producing parts at scale, maintaining consistent quality and meeting the high-volume requirements of the industry.Also, innovations in die casting processes, such as automated systems and improved mold designs enhance production efficiency and quality. These advancements are crucial to keep up with the automotive industry's stringent standards and evolving needs.
As Brazil's automotive market gradually shifts towards electric vehicles there will be new opportunities and demands for specific zinc die-cast components suitable for EVs. This shift may necessitate adaptations in design and production methods.
Engine Parts Is likely to Dominate The Market
Engine components are essential in vehicle manufacturing, necessitating a high degree of reliability and precision. The complexity and precision required for these parts make zinc die casting an ideal method. This process is perfectly suited for producing intricate designs and maintaining tight tolerances which are critical for the proper functioning of the engine.
Also, zinc alloys stand out for their strength and durability which are vital for engine parts that face intense mechanical stress and high temperatures. Additionally, zinc's natural corrosion resistance is a significant advantage for engine components which are often exposed to corrosive substances and harsh conditions. Furthermore, zinc’s good thermal conductivity aids in effective heat dissipation, a crucial aspect of engine part performance.
Moreover, the demand for high-performance and efficient engines in Brazil is a key driver for precision-cast engine parts. As engines evolve with more advanced designs featuring tighter spaces and complex structures, the capabilities of zinc die casting to meet these precise specifications become increasingly valuable. This evolution pushes the boundaries of die casting, requiring continual advancements in techniques and materials.
Brazil automotive parts zinc die casting market with its focus on engine part casting is at a pivotal juncture where technological innovation and adaptability to evolving market trends will dictate its future relevance in the dynamic automotive industry.
Brazil Automotive Parts Zinc Die Casting Industry Overview
The Brazil automotive parts zinc die casting market is majorly dominated by few players Dynacast, Brillcast Manufacturing LLC, Pace Industries, Sandhar Technologies Ltd, Ashok Minda Group, and Kemlows Die Casting Products Ltd, among others. The major players in the country are entering into strategic partnerships with global leaders to gain considerable market share. For instance,
- In June 2022, NanoAL entered a collaborative development partnership with Mitsubishi Corporation RtM Japan and Nikkei MC Aluminium. The objective of this partnership is to create advanced high-pressure die-casting aluminum alloys known for their high-performance properties.
Brazil Automotive Parts Zinc Die Casting Market Leaders
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Sandhar Technologies Ltd
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Brillcast Manufacturing LLC
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Dynacast
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Pace Industries
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Ashok Minda Group
*Disclaimer: Major Players sorted in no particular order
Brazil Automotive Parts Zinc Die Casting Market News
• January 2023: North American die-cast manufacturer Pace Industries announced a USD 2.8 million investment in its Jackson facility in Madison County, indicating an expansion of its operations.
• September 2022: Alcoa Corporation introduced fresh advancements in alloy research and implementation, consolidating its standing as a provider of cutting-edge aluminum alloys. Also, Alcoa additionally revealed that its C611 EZCastTM alloy, known for its high-performance attributes, eliminates the need for a dedicated heat treatment process.
• March 2022: Ningbo Tuopu Group Co. Ltd (Tuopu Group) announced that the integrated huge die-casting rear cabin that is developed based on the 7,200-ton giant die-casting machine rolled off the assembly line at the Hangzhou Bay plant in Ningbo.
Brazil Automotive Parts Zinc Die Casting Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.1.1 Innovation in Materials and Processes Is Likely To Drive The Market
4.2 Market Restraints
4.2.1 High Initial Costs Will Is Anticipated To Restrain The Market Growth.
4.3 Porters Five Force Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Production Process Type
5.1.1 Pressure Die Casting
5.1.2 Vacuum Die Casting
5.1.3 Other Productino Process Types
5.2 Application Type
5.2.1 Body Assemblies
5.2.2 Engine Parts
5.2.3 Transmission Parts
5.2.4 Other Aplication Types
6. COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles
6.2.1 Sandhar technologies Ltd
6.2.2 Brillcast Manufacturing LLC
6.2.3 Empire Casting Co
6.2.4 Dynacast
6.2.5 Pace Industries
6.2.6 Ningbo Die Casting Company
6.2.7 Kemlows Diecasting Products Ltd
6.2.8 Cascade Die Casting Group Inc
6.2.9 Ashook Minda Group
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Brazil Automotive Parts Zinc Die Casting Industry Segmentation
Automotive parts zinc die casting refers to the manufacturing process of producing various components used in vehicles, such as engine parts, transmission components, structural elements, and more, using the die casting method with zinc as the primary material.
Brazil automotive parts zinc die Casting market is segmented by production process type and application type. By production process type, the market is segmented into pressure die casting, vacuum die casting, and other production process type. By application type, the market is segmented into body assemblies, engine parts, transmission parts, and other application type.
The market size and forecasts are provided in terms of value (USD) for all the above segments.
| Production Process Type | |
| Pressure Die Casting | |
| Vacuum Die Casting | |
| Other Productino Process Types |
| Application Type | |
| Body Assemblies | |
| Engine Parts | |
| Transmission Parts | |
| Other Aplication Types |
Brazil Automotive Parts Zinc Die Casting Market Research FAQs
How big is the Brazil Automotive Parts Zinc Die Casting Market?
The Brazil Automotive Parts Zinc Die Casting Market size is expected to reach USD 463.5 million in 2024 and grow at a CAGR of 3% to reach USD 535.60 million by 2029.
What is the current Brazil Automotive Parts Zinc Die Casting Market size?
In 2024, the Brazil Automotive Parts Zinc Die Casting Market size is expected to reach USD 463.5 million.
Who are the key players in Brazil Automotive Parts Zinc Die Casting Market?
Sandhar Technologies Ltd, Brillcast Manufacturing LLC, Dynacast, Pace Industries and Ashok Minda Group are the major companies operating in the Brazil Automotive Parts Zinc Die Casting Market.
What years does this Brazil Automotive Parts Zinc Die Casting Market cover, and what was the market size in 2023?
In 2023, the Brazil Automotive Parts Zinc Die Casting Market size was estimated at USD 449.60 million. The report covers the Brazil Automotive Parts Zinc Die Casting Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Brazil Automotive Parts Zinc Die Casting Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Brazil Automotive Parts Zinc Die Casting Industry Report
Statistics for the 2024 Brazil Automotive Parts Zinc Die Casting market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Brazil Automotive Parts Zinc Die Casting analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
Brazil Automotive Parts Zinc Die Casting Market Report Snapshots
