Brazil’s market for automobile parts die casting registered estimated revenue USD 1 billion in 2015 and is expected to touch USD XX billion by 2022, with an estimated CAGR of XX% over the forecasted period.
Brazil has witnessed a considerable growth in the metallurgy and material die casting market over the past couple of years. The highly mature die casting market in North America and growing automobile sector in the region were the major driving factors for the increasing die casting parts market in the country. Brazil’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. OEMs are expanding their manufacturing footprint beyond the traditional manufacturing zones in South America and now are found to source the individual parts including die casting parts from the suppliers at cheaper prices. Protectionist policies in Brazil are giving the local suppliers a further competitive advantage over suppliers located abroad.
The die casting industry in Brazil is greatly controlled by factors such as labor wages and electricity price, which are major issues for the automobile industry. However, in the context of Brazil, there seems to be plenty of potential in the arena of energy saving and overall cost reduction, which can provide the necessary impetus to the die casting industry. Key players such as Dynacast and Gibbs have employed resource tools to overcome these issues and now reap much higher benefits through reduction in their energy costs by almost 30-40%.
The market is segmented based on the production process type, raw material type, and application type. In a nutshell, automobile makers are now focusing on collaborating with the parts die casting manufacturers in order to produce fuel-efficient and lightweight automobiles at an effective price.
Some of the key players in the market are:
What the Report Offers
1.1 Research Methodology
1.2 Key findings of the study
1.3 Report Description
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW
3.2 New Developments in R&D/ Latest Technologies
4. MARKET DYNAMICS
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 Raw Material Type (Growth, Innovations and Durability)
5.3 By Application Type (Market crackdown, trends, and forecasts)
5.3.1 Body assemblies
5.3.2 Engine Parts
5.3.3 Transmission parts
6. COMPETITIVE LANDSCAPE
6.1 Mergers & Acquisitions
6.2 Joint Ventures
6.3 New Product Launches
6.4 Most active companies in the past five years
6.5 Market Share Analysis
7. KEY PLAYERS (Overview, Strategies, Developments, Analyst Perspective)
7.1 Castwel Autoparts Pvt Ltd.
7.2 Die casting solutions GmbH
7.4 Endurance Group
7.5 Gibbs Die Casting Group
7.6 Kinetic Die Casting Company
7.7 Mino Industry USA, Inc.
7.8 Ningbo Parison Die Casting Co., Ltd.
7.9 Raltor Metal Technik India Pvt. Ltd.
7.10 Rockman Industries Ltd.
7.11 Ryobi Die Casting Inc.
7.12 Sandhar Technologies Limited
7.13 Sipra Engineers
7.14 Spark Minda, Ashok Minda Group
7.15 Sunbeam Auto Pvt. Ltd
7.16 Texas Die Casting
7.17 Tyche Diecast Private Limited