Thumbnail

Argentina Automotive Parts Magnesium Die casting Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Looking to buy the report?

Argentina Automotive Parts Magnesium Die casting Market

The automotive parts magnesium die casting market in Argentina is expected to witness growth as automakers continue to drive down the weight of the automobiles. This has become an emergency agenda to meet the tough new emission standards. The domestic auto parts promotion law in Argentina includes benefits for purchases of locally manufactured parts for domestic automobile manufacturing, internal combustion engines, gearboxes, and axis differential. Programa de Desarrollo de la Industria Autopatista Nacional , a national program launched to foster the local auto parts industry, is a significant step for the future of automotive parts die casting industry in Argentina, as the automotive industry is seeking parts of lighter weight that are also durable to enhance fuel efficiency.

Argentina’s state and local governments have lured foreign investors by providing the auto-manufacturing industry with a variety of incentives such as free land, tax incentives, government-funded education programs and promises of infrastructural investment. This has led to OEMs expanding their manufacturing footprint beyond the traditional manufacturing zones in Latin America are sourcing the individual parts including die casting parts from the suppliers at cheaper prices.

Magnesium, being a low-density metal, can be used to create very low-weight castings. With its non-corrosive nature, magnesium casting can be used as under body materials in automobiles that are exposed to harsh environmental conditions.

Advantages of using Magnesium in Automotive Parts Die Casting

  • Ability to form casting with RFI and EMI shielding
  • High electrical conductivity
  • Full recyclability
  • High impact & dent resistance
  • Exceptional damping capacity
  • Low inertia
  • Higher scope of application as an alternative to thermoplastics due to light-weight feature

The single-piece die-cast engine cradle in Chevrolet Corvette Z06, 2011 made it one of the lightest high performance models available in the market. The market is segmented based on the production process type, application type, and geography. In a nutshell, automobile makers are now focusing on collaborating with the part die casting manufacturers in order to produce fuel-efficient and lightweight automobiles.

Some of the key players in the market are:

  • Georg Fischer Limited
  • Gibbs Die Casting Group
  • Magic Precision Inc.
  • Meridian Lightweight Technologies
  • Morimura Bros. Inc.
  • Pace Industries
  • Ryobi Die Casting Inc.

What the Report Offers

  • This report on Argentina’s automotive parts magnesium die casting market analyzes the current market trends in Argentina, in detail.
  • This report offers the technical aspects and economic data of the market and its forecast for the next 5 years (2015-2020).
  • It also discusses the latest technologies in Argentina’s automotive magnesium die casting alloys and parts that are under development and in the research pipeline.
  • This report provides the list of major players in the market and gives an in-depth analyst perspective of what makes the products and strategies of these players stand out.

1. INTRODUCTION

                1.1 Research Methodology

                1.2 Key Findings of the Study

                1.3 Report Description

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

                3.1 Introduction

                3.2 New Developments in R&D/ Latest Technologies

4. MARKET DYNAMICS

                4.1 Drivers

                4.2 Constraints

                4.3 Opportunities

                4.4 Porter's Five Forces Analysis

5. MARKET SEGMENTATION

                5.1 By Production Process Type (Growth, Trends, and Feasibility of the manufacturing process)

                                5.1.1 Pressure die casting

                                5.1.2 Vacuum die casting

                                5.1.3 Squeeze die casting

                                5.1.4 Semi-solid die casting

                5.2 By Application Type (Market crackdown, trends, and forecasts)

                                5.2.1 Body assemblies

                                5.2.2 Engine Parts

                                5.2.3 Transmission parts

                                5.2.4 Others

6. COMPETITIVE LANDSCAPE

                6.1 Market Share Analysis

                6.2 Strategies and Developments by Leading Players

                6.3 Regional Market Share Analysis

7. KEY PLAYERS (Overview, Strategies, Developments, Analyst Perspective)

                7.1 BRABANT ALUCAST

                7.2 CHICAGO WHITE METAL CASTING INC.

                7.3 CHINA PRECISION DIECASTING

                7.4 CONTINENTAL CASTING LLC

                7.5 GEORG FISCHER LIMITED

                7.6 GIBBS DIE CASTING GROUP

                7.7 KINETIC DIE CASTING

                7.8 MAGIC PRECISION INC.

                7.9 MERIDIAN LIGHTWEIGHT TECHNOLOGIES

                7.10 MK GROUP OF COMPANIES

                7.11 MORIMURA BROS. INC.

                7.12 ORTAL DIE CASTING

                7.13 PACE INDUSTRIES

                7.14 RYOBI DIE CASTING INC.

                7.15 SHILOH INDUSTRIES INC.

                7.16 SUNDARAM CLAYTON LTD.

                7.17 TWIN CITY DIE CASTING COMPANY

                7.18 NINGBO PARISON DIE CASTING CO., LTD.

                7.19 PRESSURE DIE CASTING (PTY) LTD. (AFRICA)

                7.20 ROCKMAN INDUSTRIES LTD.

                7.21 RYOBI DIE CASTING INC.

                7.22 SANDHAR TECHNOLOGIES LTD.

                7.23 SIPRA ENGINEERS

                7.24 SUN BEAM AUTO PVT. LTD.

                7.25 TEXAS DIE CASTING

                7.26 TYCHE DIECAST PVT. LTD.

                7.27 VOIT AUTOMOTIVE

                7.28 ZEALOUS AUTOMOTIVE (AFRICA) 

Looking to buy the report?

Need a report that reflects how COVID-19 has impacted this market and its growth?

Looking to customize report?

Email

Message

By submitting, you confirm that you agree to our privacy policy