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.
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.
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
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