Market Size of UK Automotive Parts Zinc Die Casting Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | > 3.00 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
UK Automotive Parts Zinc Die Casting Market Analysis
The UK automotive parts zinc die casting market is anticipated to register a CAGR of over 3%, during the forecast period (2020 - 2025).
- 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 dies casting produces low-level emissions in air and water.
- In order to reduce automobile emissions and increase fuel efficiency, CAFÉ standards and EPA policies are driving the automakers to reduce the weight of the automobile, 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 in certain applications.
- As 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 (as a result of their lower operating temperature).
- The market witnesses opportunities in the form of the increasing electric vehicle sales, which require higher density of lightweight components. Major companies, like Dynacast, are focusing on identifying affordable raw materials and alloys that offer better durability.
UK Automotive Parts Zinc Die Casting Industry Segmentation
The UK automotive parts zinc die casting market report contains the latest trends and technological developments in the market, demand by the production process, application type, and Geography
Production Process Type | |
Pressure Die Casting | |
Vacuum Die Casting | |
Other Productino Process Types |
Application Type | |
Body Assemblies | |
Engine Parts | |
Transmission Parts | |
Other Aplication Types |
UK Automotive Parts Zinc Die Casting Market Size Summary
The UK automotive parts zinc die casting market is experiencing growth driven by the increasing demand for lightweight components in vehicles, as manufacturers strive to meet stringent emission standards and improve fuel efficiency. Zinc die casting is favored in the automotive sector due to its resistance, versatility, toughness, and cost-effectiveness, despite being heavier than aluminum. The market benefits from the rising sales of electric vehicles, which require more lightweight and durable components. Companies like Dynacast are focusing on sourcing affordable raw materials and alloys to enhance durability. The shift from pressure die casting to vacuum die casting processes is also contributing to market growth, offering better mechanical strength and lower gas porosity.
The market is dominated by major players such as Dynacast, Brillcast Manufacturing LLC, and Pace Industries, who are investing in research and development to provide high-quality products and maintain competitive pricing. The UK market is bolstered by strong domestic and external demand for zinc die-cast components, aligning with broader energy-saving trends and the expansion of industrial sectors. The European Union's stringent emission norms and the UK's commitment to reducing carbon footprints further support the market's expansion. The automotive parts zinc die casting market in the UK is consolidating its position as a key player in the global market, driven by innovation and adherence to environmental standards.
UK 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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1.2 Market Restraints
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1.3 Porters Five Force 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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UK Automotive Parts Zinc Die Casting Market Size FAQs
What is the current UK Automotive Parts Zinc Die Casting Market size?
The UK Automotive Parts Zinc Die Casting Market is projected to register a CAGR of greater than 3% during the forecast period (2024-2029)
Who are the key players in UK Automotive Parts Zinc Die Casting Market?
Sandhar Technologies Ltd, Brillcast Manufacturing LLC, Dynacast and Pace Industries are the major companies operating in the UK Automotive Parts Zinc Die Casting Market.