Market Share of US Automotive Parts Magnesium Die Casting Industry
Meridian Light Weight Technologies, Pace Industries, Shiloh Industries, Inc., Georg Fischer AG, Gibbs Die Casting (Koch Enterprises), and Dynacast are some of the major players in the global automotive parts magnesium die casting market.
The United States market for automotive parts magnesium die casting is highly consolidated. Meridian Light Weight Technologies emerged as the single largest supplier of magnesium automotive die-cast components, in 2019, followed by Brazil-based Rima. The key players in the market have focused their revenues on R&D to come up with better production processes and alloys. This strategy will assist in the production of premium quality die-cast parts for the global automotive and industrial sectors. The key players have also expanded their reign, globally, by various mergers, expansions, and acquisitions.
US Automotive Parts Magnesium Die Casting Market Leaders
Meridian Lightweight Technology
George Fischer AG
Shiloh Industries
Pace Industries
Gibbs Die Casting Group
*Disclaimer: Major Players sorted in no particular order
