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Asia Pacific automotive parts zinc die casting market to reach USD 3.10 billion by 2024

Industrial Market Research

The Automotive Parts Zinc Die Casting market is projected to reach $3.10 billion by the end of 2024 with a CAGR of 2.89% from $2.62 billion in 2018.

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Introduction:

Automotive industry comprises the objectives related to the after- markets, die casting products fall under this category, As they match to the property of preparing the products by zinc die casting which are used in different verticals across the globe. India, China are the nations on which the western countries rely for the raw material in order to manufacture the automotives.

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Zinc Die Casting is being extensively utilizing for automotive after-market component manufacture in China and India.

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APAC is one of the key regions which are expanding  tremendously when the die casting markets  are considered. Different applications related to the auto motives like  body assemblies, passenger cars, transmission parts are made by the  moulds which are assembled by the zinc material which is efficient and reliable.

Nations like India, China are the predominant suppliers of the raw material to the western countries which indulge the manufacturing process i.e., die casting, so the APAC has its dominance over the global markets utilizing the  aftermarket components and preparing the  efficient assemblies.

Key players in the market include:

  • Dynacast International
  • ECO die casting (China)
  • Auto die casting company (India)
  • Junying die casting (China)
  • Precicraft Components Pvt. Ltd

This report contains the in-depth analysis on the market and the estimations are done using volume and value data are further validated on three approaches including bottom-up, top-down and from top companies revenues to conclude the market estimations precisely and accurately considering all the parameters and market dynamics.

Key pointers in the report include:

  • Competitive landscape & market analysis is included in the report to understand the key companies’ position and Porter's Analysis, PESTLE analysis, SWOT Analysis& Y-O-Y analysis are performed to comprehend the market dynamics and key companies’ position during the next five years.
  • Team of analysts have analyzed and listed out the key drivers, constraints, challenges and emerging opportunities in all the industry verticals, which will specify the emerging scope for the market in end user industries.
  • Industry value chain analysis is provided in the report to identify the key stakeholders and prominent players at each stage of the company along with the value addition at each stage of the value chain.
  • Complete analysis including global and regional trends, technological developments, and new product innovations are included in the report specific to each segment of the market.
  • A complete 360 degree analysis including product portfolio, business portfolio, developmental strategies, key developments from the companies in the historical period for the key players operating in the market is included in the report.
  • Advanced customizations on countries, specific applications in end user industries, product based customizations will be provided based on the request. All the collected data is further validated and verified using surveys, interviews and interactions with industrial experts.

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