Market Share of Mexico Automotive Parts Die Casting Industry
The Mexico market for die casting is highly fragmented with many regional small-medium scale players from the developing countries entering the market.
Major recognized players, such as Nemak, Georg Fischer Automotive, Ryobi Die casting, Rheinmetall AG, Form Technologies Inc. (Dynacast), and Shiloh Industries together accounted to over 16% of the overall global market share.
Koch Enterprises (Gibbs Die Casting Group), Linamar Corporation, Bocar Group, Endurance Group, Sandhar technologies, Sundaram Clayton Ltd. and Rockman Industries are few other key players in the market.
These key players have focused their revenues on R&D to come up with better production processes and alloys. This strategy may assist in the production of premium quality die cast parts for the global automotive and industrial sectors. Key players have also expanded their reign globally by various mergers, expansions, partnerships, joint-ventures, and acquisitions. For instance, Rheinmetall AG development activities were very diverse in 2018. In the field of aluminum casting, the company focused on the development and production activities relating to engine blocks, structural and chassis parts, and components for electromobility with their joint venture partner HUAYU Automotive Systems Co. Ltd (HASCO).
Mexico Automotive Parts Die Casting Market Leaders
Castwel Auto Parts Pvt Ltd
Dynacast
Endurance Group
Gibbs Die Casting Group
Sandhar technologies Limited
*Disclaimer: Major Players sorted in no particular order
