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

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Canada is one of the leading importers of magnesium raw material from China. Organizations such as Canadian Die Casters Association are working on a mission to assist and represent the Canada die casters in dealing with the government and other interested parties on industry-specific issues such as communicating information to members and helping them remain competitive. Metallurgie Magnola established a magnesium plant in Danville, Quebec. Noranda Technology center developed techniques to extract magnesium from serpentine tailings existing in huge quantities in the region.

Canada is a growing market for automotive parts magnesium die casting market within the North America region. Meridian Products Limited, a Canadian company, is the world’s largest magnesium die caster.

Increased automation in the die casting industry has spiked the productivity and a parallel demand for the magnesium die casting from the automotive industry is dragging the attention of automotive manufacturers towards highly durable die casting parts. The North American Die Casting Association (NADCA), being the main knowledge repository for the Canada and U.S. die casting industries, runs an annual conference where issues of die casting technology including magnesium metallurgy are discussed in detail. The International Magnesium Association (IMA) provides a forum for the exchange of magnesium manufacturing, trade, and technical information, assisting the growth of the market in Canada.

The market is segmented based on the production process type and application type. 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 Canada’s automotive parts magnesium die casting market analyzes the current market trends in Canada 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 the Canada 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

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