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Mexico Automotive Parts Die Casting Market - Analysis of Growth, Trends, and Forecast (2018 - 2023)

  • ID : 3785712  |  
  • Published : Feb-2018  |  
  • Region : Latin America  |  
  • Pages : 83   |  
  • Publisher : Mordor Intelligence

The Mexico automotive parts die casting market is expected to reach close to $1.8 billion by 2020. The market is expected to register a high CAGR during the forecast period. Market for magnesium die cast parts and zinc die cast parts in Mexico automotive is expected to grow at a CAGR close to 12% and 2% over the forecast period, respectively.

Market scenario

Mexico’s auto industry is highly vibrant and well integrated with its counterpart in United States and Canada under the framework of NAFTA. Mexico is the 7th largest producer of vehicles and 4th top exporter of vehicles globally. Mexico is also the US’ largest auto parts provider. Mexico’s exports $46.0 billion in auto parts and $49.3 billion in vehicles to U.S. 80% of Mexico’s vehicle production had foreign markets as its final destination. As a result, any change in emission norms in destination country will also have impact on Mexico’s die casting market.

Environmental regulations

Dependence of the automobile manufacturers on the environmental agency regulations and a recent move by EPA of raising the mile per gallons standards to 35.5 miles per gallon by 2016 and then 54.5 mpg by 2025 is expected to drive the die casting industry for production of light weight automotive parts.

Technology Trends

The introduction of simulation-based castings is one of the key trends that will drive the growth prospects for the global die casting market in the forthcoming years. The simulation-based casting process is used to produce components that are cost-effective, have high-precision, and reliable. This casting process involves various benefits such as it ensures an easy and accurate fault detection. Simulation-based manufacturing results in reduced wastage and operational costs. Additionally, they can also predict defects and their location easily and more precisely than the conventional method.

Key Developments in the Market

January 2017: Dynacast acquires Taurus ’80, a precision zinc die casting company.


Reasons to Purchase this Report

• The report analyses how the rising emission norms will impact automotive die casting industry.

• Analyzing various perspectives of the market with the help of Porter’s five forces analysis.

• Study on the raw material that dominate the Mexico automotive die casting industry.

• Identify the latest developments, market shares and strategies employed by the major market players.

• 3 months analyst support along with the Market Estimate sheet in excel.

Customization of the Report

• This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you get a report that suits your needs.

1. Introduction

1.1. Research Methodology

1.2. General Study Assumptions

2. Research Methodology

2.1. Introduction

2.2. Analysis Methodology

2.3. Study Assumptions

2.4. Econometric Forecast Model

3. Executive Summary

4. Market Overview And Technology Trends

4.1. Current Market Scenario

4.2. Technology Trends

4.3. Porter's Five Forces Analysis

4.3.1. Bargaining Power Of The Suppliers

4.3.2. Bargaining Power Of The Consumers

4.3.3. Threat Of New Entrants

4.3.4. Threat Of Substitute Products And Services

4.3.5. Competitive Rivalry Within The Industry

5. Market Dynamics

5.1. Drivers

5.1.1. Tighter Emission Norms

5.2. Restraints

5.2.1. Volatile Prices Of Raw Material

5.2.2. High Production And Maintenance Cost

5.3. Opportunities

5.3.1. Recovering Global Automotive Industry

5.3.2. Demand From The Electric Vehicle Industry

6. Mexico Automotive Parts Die Casting Market, Segmented By Production Process Type

6.1. Pressure Die Casting

6.2. Vacuum Die Casting

6.3. Squeeze Die Casting

6.4. Semi Solid Die Casting

7. Mexico Automotive Parts Die Casting Market, Segmented By Application Type

7.1. Engine Parts

7.2. Transmission Components

7.3. Body Parts

7.4. Others

8. Mexico Automotive Parts Die Casting Market, Segmented By Raw Material Type

8.1. Aluminium

8.2. Magnesium

8.3. Magnesium

8.4. Others

9. Competitive Landscape

9.1. Introduction

9.2. Market Share Analysis

9.3. Key Players And Developments

10. Company Profiles

10.1. Castwel Autoparts Pvt Ltd.

10.2. Dynacast

10.3. Endurance Group

10.4. Gibbs Die Casting Group

10.5. Kinetic Die Casting Company

10.6. Mino Industry Usa, Inc

10.7. Ningbo Parison Die Casting Co., Ltd.

10.8. Raltor Metal Technik India Pvt. Ltd

10.9. Rockman Industries Ltd..

10.10. Ryobi Die Casting Inc.

10.11. Sandhar Technologies Limited

10.12. Sipra Engineers

10.13. Spark Minda, Ashok Minda Group

10.14. Sunbeam Auto Pvt. Ltd

10.15. Texas Die Casting

10.16. Tyche Diecast Private Limited

11. Future Outlook

12. Disclaimer

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