Brazil Automotive Parts Aluminium Diecasting Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Brazil Automotive Parts Aluminium Die Casting Market is Segmented by Production Process type (Pressure Die Casting, Vacuum Die Casting, Squeeze Die Casting and Semi-Solid Die Casting), by Application Type (Body Assembly, Engine Parts, Transmission Parts and Others)

Market Snapshot

Brazil Automotive Parts Aluminum Die Casting Market_Overview
Study Period: 2018 - 2026
Base Year: 2019
CAGR: >5 %

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Market Overview

The Brazil automotive alunimium die casting market is expected to grow at a CAGR of over 5% during the forecasted period (2020 - 2025)

  • Brazil is one of the largest emerging economies in the world. In 2019, Brazil was the 6th largest car market in the world based on new car registrations. In 2019, Brazil saw its automotive market expanded by 8.6%.
  •  Brazil has an aluminium consumption of 8.6 Kg per capita, while the world average is 11kg. Brazil ranks 14th on the list for aluminium production across the world.
  • With the increasing pollution levels around the world, carmakers are looking for lightweight components for reducing fuel consumption and curbing the emission of harmful pollutants into the atmosphere. Aluminum provides weight saving upto 50% compared to the traditional mild steel structure. 
  • Aluminum has equal or more superior strength and absorbs twice crash-induced energy. Lowering the vehicle weight will allow downsizing engine, transmission, suspension, and wheels. To meet the emissions regulations and policies OEMs are trying to reduce weight of automobiles by employing lightweight non-ferrous metals. Using aluminium die casting parts has been adapted as the main strategy. Aluminium is a sustainable and resource-efficient material. It can be recycled; the world average remains 45% (as of May 2020). Aluminium pressure parts are later used in recycling process to form aluminium alloys which have very large applications.

Scope of the report

The Brazil automotive aluminium die casting market report contains the latest trends and technological developments in the market and demand by production process type and application type.

By Production Process Type
Pressure Die Casting
Vacuum Die Casting
Squeeze Die Casting
Semi-Solid Die Casting
By Application Type
Body Assembly
Engine Parts
Transmission Parts
Others

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Key Market Trends

Pressure Die Casting Captures the Market

Owing to the advantages offered by the process of pressure die casting over other casting methods, the players in the industry are investing in expanding their operations in the country for fulfilling the demand of aluminum parts for automotive in the country. Using the pressure die casting technique, high volumes of components can be produced with high accuracy over other processes. Also, the method is cost-effective and less time consuming, and other advantages and the demand in the country is enabling the significant players in the country to invest heavily and expand their operations. Vacuum die casting has also been profitable to the manufacturers. It has shown to produce high reliable and quality parts for the transmission parts. Transmission parts of the automobile has one of the most complex mechanical combination functions which is prone to difficult conditions.

Brazil Automotive Parts Aluminum Die Casting Market_Key Market Trend1

Decline in Passenger Car Production

Brazil automotive exports are heavily influenced by global economy and environmental regulations. Recent changes in the regulations across the world has had little to no impact on the growth rate of sales in 2019. However, COVID-19 economic crisis has further plummeted the sales. In 2019, 15.88 billion USD worth automotive were exported from brazil from which 25.3% were directed to the country of Argentina. Argentina has been facing economic crisis which was followed by COVID-19 that has had huge impact on economy. Argentina economy is dropping faster, and this has caused reduction in imports which hit hard the Brazilian manufacturers. This combined with drop in value of Brazilian currency has put the manufacturers in difficult position as more the 30% of the components used in automotive are imported.  In May 2020 alone the sales dropped by 15%, it is expected that in 2020 there will be a drop of 8% in production as compared to 2019. However, the Brazilian automotive market is expected to grow at a healthy rate during the forecasted period.

Brazil Automotive Parts Aluminium Die Casting Market

Competitive Landscape

The Brazil automotive parts aluminium die casting market is neither consolidated nor fragmented. Few major players in the market are Dynacast, Endurance Technologies, SYX die casting, Sunbeam Auto Pvt. Ltd., and Sandhar Group, among others. 

In 2017, Dynacast acquired Singnicast.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porters Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Production Process Type

      1. 5.1.1 Pressure Die Casting

      2. 5.1.2 Vacuum Die Casting

      3. 5.1.3 Squeeze Die Casting

      4. 5.1.4 Semi-Solid Die Casting

    2. 5.2 By Application Type

      1. 5.2.1 Body Assembly

      2. 5.2.2 Engine Parts

      3. 5.2.3 Transmission Parts

      4. 5.2.4 Others

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Vendor Market Share

    2. 6.2 Company Profiles

      1. 6.2.1 Amtek Group

      2. 6.2.2 Dynacast Inc.

      3. 6.2.3 ALUMINIUM DIE CASTING (CHINA) LTD.

      4. 6.2.4 ECO Die Castings

      5. 6.2.5 CASTWEL AUTOPARTS PVT. LTD.

      6. 6.2.6 GIBBS DIE CASTING GROUP

      7. 6.2.7 Endurance Technologies Ltd.

      8. 6.2.8 SYX Die Casting

      9. 6.2.9 Sandar Technologies

      10. 6.2.10 Sunbeam Auto Pvt. Ltd.

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

The Brazil Automotive Parts Aluminium Die Casting Market market is studied from 2018 - 2026.

The Brazil Automotive Parts Aluminium Die Casting Market is growing at a CAGR of >5% over the next 5 years.

Dynacast Inc, Endurance Technologies, Sandhar Group, SGX Die Casting, Sunbeam Auto Pvt. Ltd. are the major companies operating in Brazil Automotive Parts Aluminium Die Casting Market.

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