Magnesium Casting Market Foreseen to Draw a Promising Growth of CAGR by 2025 | Analysis by Dynacast, Buhler, Thompson Aluminum Casting (TAC), Hettich, TCDC, JPM Group

Overview of Global Magnesium Casting Market:

This report provides in-depth study of “Global Magnesium Casting Market 2020” using SWOT analysis i.e. Strength, Weakness, Opportunities, and Threat to the organization. The Magnesium Casting Market report also provides an in-depth survey of key players in the market organization.

Major key factors driving the growth of the Global Magnesium Casting Market are rapid growth in installation of magnesium die-cast components in passenger and luxury car segments, increasing establishment of new magnesium molding machinery, rising automation in the die casting industry  and high demand from the automotive industry, drawing the attention of automotive manufacturers toward highly durable die casting parts.

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Firstly, the report provides a basic overview of the Market including its definition, applications and manufacturing technology. Then, the report explores the international and Chinese major Market players in detail. In this part, the report presents the company profile, product specifications, capacity, production value, and 2020-2025 market shares for each company.

In terms of the geographic analysis, The Magnesium Casting Market in North America is expected to grow at the highest CAGR during the forecast period. Moreover, the presence of major players in the Magnesium Casting Market ecosystem results in the increasing adoption of these systems in North America.

In the end, the report makes some important proposals for a new project of Magnesium Casting Market before evaluating its feasibility. Overall, the report provides an in-depth insight of 2013-2025 global Magnesium Casting market covering all important parameters.

Global Key Vendors:

1 Buhler AG

2 Dynacast International

3 Thompson Aluminum Casting Company (TAC)

4 Chicago Magnesium Casting Company

5 Hettich

6 Magnesium Elektron

7 Auer Guss GmbH

8 TyTek Industries

9 TCDC

10 JPM Group

11 AmTech International

12 Skyrock

13 Pace Industries

14 The Lite Metals

15 Faw Foundry and More………………

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Product Type Segmentation

1 Magnesium die-casting

2 Magnesium sand-casting

Industry Segmentation

1 Automobiles

2 Electronics

3 Appliances

4 Hand tools

5 Military area/Aerospace field

Global Business News:

Dynacast International (June 30, 2019) - Dynacast Elgin Recognized By NADCA - Dynacast Elgin is pleased to announce an award for excellence in the 2018 International Die Casting Competition.

Each year, the North American Die Casting Association recognizes creators for their innovative designs that showcase the advancement and versatility of the die casting industry. These designs demonstrate continued commitment to optimizing the artistry, functionality, and performance of die casting. In 2018, Dynacast Elgin was awarded the Zinc Die Casting Under 6 Ounces award for a component that enhances the safety belt feature in cars by enabling a more consistent and efficient installation process.

The award-winning component functions as part of the pretensioning mechanism in automotive seatbelts. Using Zamak 5, Dynacast Engineering Manager Dave Haener was able to create a cable guide that allows for robotic assembly in the manufacturing process, thereby reducing the cost to the customer. Instead of requiring manual, labor-intensive forging of three disconnected parts during assembly, this casting is designed as a single unit that transforms into functional elements during installation.

According to Haener, the feature that sets this casting apart is the gated dovetail that binds the component together and guides the studs into position during installation, which allows for the studs to be orbitally riveted as a single unit.

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Major Points in Table of Contents:

Global Magnesium Casting Market Report 2020

1 Magnesium Casting Product Definition

2 Global Magnesium Casting Market Manufacturer Share and Market Overview

2.1 Global Manufacturer Magnesium Casting Shipments

2.2 Global Manufacturer Magnesium Casting Business Revenue

2.3 Global Magnesium Casting Market Overview

2.4 COVID-19 Impact on Magnesium Casting Industry

3 Manufacturer Magnesium Casting Business Introduction

3.1 Buhler AG Magnesium Casting Business Introduction

3.2 Dynacast International Magnesium Casting Business Introduction

3.3 Thompson Aluminum Casting Company (TAC) Magnesium Casting Business Introduction

3.4 Chicago Magnesium Casting Company Magnesium Casting Business Introduction

3.5 Hettich Magnesium Casting Business Introduction

3.6 Magnesium Elektron Magnesium Casting Business Introduction

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