Market Trends of Mexico Automotive Parts Die Casting Industry
This section covers the major market trends shaping the Mexico Automotive Parts Die Casting Market according to our research experts:
Vacuum die casting is expected to witness a high growth rate
There have been significant developments and improvements in the conventional die casting process. Currently, the ultra-high-vacuum die casting process is applied for producing large and thin component parts, such as space-frames and pillars, which are usually welded to automobile chassis.
Electrical and hydraulic components in an automobile work simultaneously. Reliability and quality are given prime importance in transmission parts. The transmission system in an automobile is a complex combination of mechanical functions. It is prone to extreme conditions and environments. This enhances the importance of integrity. Valve bodies, stators, and clutch pistons are some of the commonly die casted transmission parts in the automotive industry.
It has been accepted that ultra-vacuum die casting produces better weldable automotive products than most of the die casting processes. However, products produced in this process are large and require huge-sized die casting machine, like 2,500-4,000 metric ton of die clamping force. This impacted the popularity of the ultra-high-vacuum die casting process among OEMs and large die casters.
However, vacuum die casting production process eliminates the air from the mold and allows the front of molten metal to merge freely without forming any shuts or pores, which is a major issue in pressure die casting process.
A sudden shift from pressure die casting to vacuum may not be possible due to the higher productivity and ease of manufacture of the automotive die casting parts, which employ pressure die casting method. However, this change is gradual and expected to continue to increase, during the forecast period.
Rising Demand for Vacuum Die Casting and Enactment of Stringent Emission Regulations
Globally, countries have formulated stringent emission norms to cater to the cause of reducing global warming. Efforts are being made by governments worldwide, to minimize the negative effects of global warming and reduce the carbon footprint.
The European Union introduced the Euro VI norms in 2014, according to which, nitrogen oxide emissions must be below 0.4g/KWh and particulate emissions must be below 0.01g/KWh. Japan is in the process of introducing new emission norms that are based on the Euro VI norms.
A number of countries are implementing emission standards, OEMs worldwide are expected to explore new technologies that help in reducing emission in automobiles. The freight companies and fleet owners are extensively moving toward technologies, which are expected to reduce the average emission rate.
Earlier, pressure die casting was the majorly employed production process. However, the vacuum die casting process has been gaining popularity over the past couple of years, due to its better welding characteristics, higher mechanical strength, and lower gas porosi