Market Share of South Korea Automotive Parts Zinc Die Casting Industry
The South Korean automotive parts zinc die-casting market is majorly dominated by a few players, including Dynacast, Brillcast Manufacturing LLC, Pace Industries, Sandhar Technologies Ltd, Ashok Minda Group, and Kemlows Die Casting Products Ltd.
These companies focus on providing the best quality products to customers by investing in R&D projects and expanding their geographical presence.
- For instance, in February 2023, Samkee Corp. of South Korea announced international expansion by investing USD 128 million in a component manufacturing plant in Tuskegee, Alabama, mainly to cater to the Korean manufacturer Hyundai Motor Company. Samkee Corp. is poised to begin construction on the advanced casting facility and begin parts production during 2024 as a Tier 1 supplier to Hyundai Motor Co.
South Korea Automotive Parts Zinc Die Casting Market Leaders
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Ashok Minda Group
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Brillcast Manufacturing LLC
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Dynacast
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Pace Industries
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Sandhar Technologies Ltd
*Disclaimer: Major Players sorted in no particular order