Market Size of France Automotive Parts Zinc Die Casting Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 0.26 Billion |
Market Size (2029) | USD 0.36 Billion |
CAGR (2024 - 2029) | 5.97 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
France Automotive Parts Zinc Die Casting Market Analysis
The France Automotive Parts Zinc Die Casting Market size is estimated at USD 0.26 billion in 2024, and is expected to reach USD 0.36 billion by 2029, growing at a CAGR of 5.97% during the forecast period (2024-2029).
The usage of zinc die casting is almost 28% in the automotive industry for applications like inertia disks, retractor gears, etc., followed by the building and hardware sectors. Along with merits like resistance, versatility, toughness, and low cost, zinc die casting produces low-level emissions in air and water.
To reduce automobile emissions and increase fuel efficiency, CAFÉ standards and EPA policies are driving automakers to reduce the weight of automobiles by employing lightweight, non-ferrous metals. Employing die-cast parts as a weight-reduction strategy is a major driver for the automotive segment of the market. Although heavier than aluminum, the lower cost of these parts and higher intricacy allowance make them more suitable for certain applications.
Compared to other die-casting parts, zinc die-casting parts are usually equipped with better mechanical properties, like toughness, and offer higher surface finish and lower thermal shock during casting (due to their lower operating temperature).
The market witnesses opportunities in the form of increasing electric vehicle sales, which require a higher density of lightweight components. Major companies like Dynacast are focusing on identifying affordable raw materials and alloys that offer better durability.
France Automotive Parts Zinc Die Casting Industry Segmentation
Die casting is the process of pouring molten metal into a mold cavity under high pressure to produce a part in a specific shape. Zinc metal is easy to cast as compared to aluminum and magnesium metal. Zinc die casting offers high production efficiency, superior quality, and cost-effectiveness. Zinc die casting manufactures vehicle products such as seat belts, windshield wipers, sunroofs, and chassis.
The French automotive parts zinc die casting market report contains the latest trends, technological developments in the market, and demand by production process type and application type.
Based on the production process type, the market is segmented into pressure die casting, vacuum die casting, and other production process types. Based on the application type, the market is segmented into body assemblies, engine parts, transmission parts, and other application types. For each segment, the market sizing and forecasts will be provided based on value (USD).
Production Process Type | |
Pressure Die Casting | |
Vacuum Die Casting | |
Other Productino Process Types |
Application Type | |
Body Assemblies | |
Engine Parts | |
Transmission Parts | |
Other Aplication Types |
France Automotive Parts Zinc Die Casting Market Size Summary
The French automotive parts zinc die casting market is poised for significant growth, driven by the increasing demand for lightweight and efficient components in the automotive industry. Zinc die casting is favored for its resistance, versatility, and cost-effectiveness, making it an ideal choice for applications such as inertia disks and retractor gears. The automotive sector's shift towards reducing vehicle weight to comply with stringent emission standards and improve fuel efficiency is a key factor propelling the market. Zinc die-cast parts, despite being heavier than aluminum, offer better mechanical properties, higher surface finish, and lower thermal shock, enhancing their appeal for various automotive applications. The rise in electric vehicle sales further amplifies the demand for zinc die casting, as these vehicles require a higher density of lightweight components.
The market landscape is characterized by the presence of major players like Dynacast, Brillcast Manufacturing LLC, and others, who are investing in research and development to enhance product quality and meet the evolving needs of the automotive industry. The adoption of advanced die-casting technologies, such as vacuum die casting, is gaining traction due to its superior mechanical strength and reduced gas porosity. This technological advancement, coupled with the increasing electrification of vehicles and the growing popularity of hybrid powertrains in Europe, is driving the integration of zinc die casting in automotive transmission systems. The market's growth is further supported by global efforts to reduce emissions and improve fuel economy, with zinc die-cast components playing a crucial role in modernizing vehicles and enhancing their environmental sustainability.
France Automotive Parts Zinc Die Casting Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.1.1 Growth of the Automotive Industry to Drive Demand in the Die Casting Market
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1.2 Market Restraints
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1.2.1 High Processing Cost May Hamper Market Expansion
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1.3 Industry Attractiveness - Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Production Process Type
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2.1.1 Pressure Die Casting
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2.1.2 Vacuum Die Casting
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2.1.3 Other Productino Process Types
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2.2 Application Type
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2.2.1 Body Assemblies
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2.2.2 Engine Parts
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2.2.3 Transmission Parts
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2.2.4 Other Aplication Types
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France Automotive Parts Zinc Die Casting Market Size FAQs
How big is the France Automotive Parts Zinc Die Casting Market?
The France Automotive Parts Zinc Die Casting Market size is expected to reach USD 0.26 billion in 2024 and grow at a CAGR of 5.97% to reach USD 0.36 billion by 2029.
What is the current France Automotive Parts Zinc Die Casting Market size?
In 2024, the France Automotive Parts Zinc Die Casting Market size is expected to reach USD 0.26 billion.