Market Share of Die Casting Industry
The Die Casting market is dominated by several key players such as Neamk, Alcoa Corporation, Linamar Corporation, Dynacast, and many others. These key players in the market are focusing on expanding their presence globally through various mergers, partnerships, joint ventures, and acquisitions. For instance,
- In March 2022, Linamar Corporation acquired a 50% interest in GF Casting Solutions (GF). Through this acquisition, Linamar Corporation enhanced its product portfolio in automotive applications.
- In January 2022, Koch Enterprises, Inc., a subsidiary of Gibbs Die Casting acquired Amprod Holdings, LLC. Through this acquisition, the company expanded its product portfolio across the United States.
- In January 2022, Sandhar Auto Electric Solutions Private Limited was incorporated as a wholly owned Subsidiary Company to undertake e-mobility business and to provide Advanced Technology Solutions. Sandhar Auto Electric Solutions Private Limited is primarily involved in the business of manufacturing parts/components for Battery Electric Vehicles, Hydrogen Fuel Cell Vehicles, Biofuel based technology Vehicle, All Terrain Vehicles (ATVs), and any other Advanced Automotive Technology Vehicles.
- In August 2021, Linamar Corporation announced the partnership with Netherlands-based Innovative Mechatronic Systems B.V. (IMSystems). The partnership focuses on bringing the Archimedes Drive transmission system to market.
- In April 2021, Aludyne announced that it had acquired Shiloh Industries CastLight division. This division manufactures aluminum die-casting parts.
- In February 2021, Endurance Technologies announced that it had started commercial production at the new plant in Kancheepuram, Tamil Nadu, India. The plant will manufacture aluminum die-castings and integration of disc brake components for two and four-wheelers.
- In April 2020, Endurance Technologies acquired a controlling equity stake of 99% in Adler SpA, based out of Trentino, Italy. The acquisition is expected to improve the company's reach across Europe, with the aid of ten manufacturing plants combined in Italy and Germany.
Die Casting Market Leaders
Nemak
Linamar Corporation
Alcoa Corporation
Rheinmetall AG
Form Technologies Inc. (Dynacast)
*Disclaimer: Major Players sorted in no particular order
