Market Share of China Automotive Parts Magnesium Die Casting Industry
Meridian Light Weight Technologies, Pace Industries, Shiloh Industries, Inc., Georg Fischer AG, Gibbs Die Casting (Koch Enterprises), and Dynacast are some of the major players in the global automotive parts magnesium die casting market.
The China market for automotive parts magnesium die casting is fragmented. Meridian Light Weight Technologies emerged as the single largest supplier of magnesium automotive die-cast components, in 2019, followed by Brazil-based Rima. The key players in the market have focused their revenues on R&D to come up with better production processes and alloys. This strategy will assist in the production of premium quality die-cast parts for the global automotive and industrial sectors. The key players have also expanded their reign, globally, by various mergers, expansions, and acquisitions.
China Automotive Parts Magnesium Die Casting Market Leaders
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Gibbs Die Casting Group
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Pace Industries
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Shiloh Industries Inc.
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George Fischer AG
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Meridian Lightweight Technologies
*Disclaimer: Major Players sorted in no particular order
