Market Size of Brazil Automotive Parts Zinc Die Casting Industry
| Study Period | 2019-2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 463.5 Million |
| Market Size (2029) | USD 535.60 Million |
| CAGR (2024 - 2029) | 3.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Brazil Automotive Parts Zinc Die Casting Market Analysis
The Brazil Automotive Parts Zinc Die Casting Market size in terms of Equal-3 is expected to grow from USD 463.5 million in 2024 to USD 535.60 million by 2029, at a CAGR of 3% during the forecast period (2024-2029).
The automotive parts zinc die casting market in Brazil has been experiencing consistent growth, paralleling the progress of the country's robust automotive industry. Brazil boasts a well-developed automotive sector, which has been a significant driver for the demand for zinc die-cast components.
Zinc die casting is a preferred manufacturing technique in the automotive industry due to its efficiency, cost-effectiveness and capability to produce high-quality components. This process plays a vital role in reducing vehicle weight and enhancing fuel efficiency, consequently lowering CO2 emissions.
Known for their durability and corrosion resistance, zinc components, when utilized in automotive applications, contribute to prolonging the overall lifespan of vehicles. This reduces the frequency of part replacements and the emissions associated with manufacturing new parts, underscoring the environmental benefits of using zinc in automotive manufacturing in Brazil.
