Market Size of France Automotive Parts Zinc Die Casting Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 0.26 Billion |
| Market Size (2029) | USD 0.36 Billion |
| CAGR (2024 - 2029) | 5.97 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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France Automotive Parts Zinc Die Casting Market Analysis
The France Automotive Parts Zinc Die Casting Market size is estimated at USD 0.25 billion in 2023, and is expected to reach USD 0.34 billion by 2028, growing at a CAGR of 5.97% during the forecast period (2023-2028).
The usage of zinc die casting is almost 28% in the automotive industry for applications like inertia disks, retractor gears, etc., followed by the building and hardware sectors. Along with merits like resistance, versatility, toughness, and low cost, zinc die casting produces low-level emissions in air and water.
To reduce automobile emissions and increase fuel efficiency, CAFÉ standards and EPA policies are driving automakers to reduce the weight of automobiles by employing lightweight, non-ferrous metals. Employing die-cast parts as a weight-reduction strategy is a major driver for the automotive segment of the market. Although heavier than aluminum, the lower cost of these parts and higher intricacy allowance make them more suitable for certain applications.
Compared to other die-casting parts, zinc die-casting parts are usually equipped with better mechanical properties, like toughness, and offer higher surface finish and lower thermal shock during casting (due to their lower operating temperature).
The market witnesses opportunities in the form of increasing electric vehicle sales, which require a higher density of lightweight components. Major companies like Dynacast are focusing on identifying affordable raw materials and alloys that offer better durability.
