Thumbnail

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

Looking to buy the report?

South Africa Automotive Parts Magnesium Die casting Market

South Africa’s market for automotive parts magnesium die-casting is expected to grow at a CAGR of 10.78% during the forecast period. The market is primarily driven by the presence of the vast component manufacturers in the country, constituting a primary reason for the major OEMs to assemble vehicle and source automotive components from the country. Demand for lightweight and fuel-efficient components, as well as sturdy components primarily in the manufacturing of passenger automotive vehicles, has helped to steer the demand of the magnesium automotive parts die-casting market in the country. Major automotive component manufacturers like Arvin Exhaust, Bloxwich, Corning, and Senior Flexonics have established production bases in the country.

The automotive industry in South Africa is also expected to grow significantly driven by the increase in local production of vehicles that is estimated to reach 1.3 million vehicles in the forecast period. Thereby, the growth of the automotive industry in the country expected in the forecasted period, along with the growing acceptance of magnesium die-casting for the manufacturing of automotive components, would help to drive the market to a large extent, by the end of 2020. Bel-Mac, a subsidiary of Bel-Essex, is one of the major die-cast manufacturers in the country specializing in the production and machining of high-pressure magnesium die cast components for the automotive industry.

Magnesium, being the lightest of all structural materials, becomes a preferred choice of material used in the die casting process. The primary advantage driving magnesium die casting of automotive parts is that the vehicles with magnesium die-casted components would be 1/3 lighter in weight than the aluminum die-casted ones. Apart from being light, magnesium has the advantage of greater strength, stability and rigidity along with inherent EMI/RFI shielding, durability, heat-dissipation, and full recyclability features, making it the most preferred die-casting alloy.

The market is segmented based on the production process type and application type. Among the production process type, pressure die casting would continue to dominate the market in the forecast period. High efficiency and the low operating cost are expected to drive the growth of the pressure die-casting market. However, vapor die-casting would grow at a higher rate than any other production process type in the magnesium automotive die-casting market.

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 the South Africa automotive parts magnesium die casting market analyzes the current market trends in the South Africa, 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 South Africa 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

                7.18 NINGBO PARISON DIE CASTING CO., LTD.

                7.19 PRESSURE DIE CASTING (PTY) LTD. (AFRICA)

                7.20 ROCKMAN INDUSTRIES LTD.

                7.21 RYOBI DIE CASTING INC.

                7.22 SANDHAR TECHNOLOGIES LTD.

                7.23 SIPRA ENGINEERS

                7.24 SUN BEAM AUTO PVT. LTD.

                7.25 TEXAS DIE CASTING

                7.26 TYCHE DIECAST PVT. LTD.

                7.27 VOIT AUTOMOTIVE

                7.28 ZEALOUS AUTOMOTIVE (AFRICA) 

Looking to buy the report?

Need a report that reflects how COVID-19 has impacted this market and its growth?

Looking to customize report?

Email

Message

By submitting, you confirm that you agree to our privacy policy