Press release
Automotive Aluminum Parts High-pressure Die Casting (HPDC) Market Size, Status and Precise Outlook 2021 to 2025
The “Automotive Aluminum Parts High-pressure Die Casting (HPDC) Market” report is an in-depth study of the market, along with an analysis of its key segments. The relationship is built through extensive primary and secondary research. In-depth market data is generated through interviews and data collection from industry experts and professionals. The study is a detailed document on key aspects of the markets including trends, segmentation, growth prospects, opportunities, challenges, and competitive analysis.The automotive aluminum parts high-pressure die casting (HPDC) market is expected to register a CAGR of over 7.5%, during the forecast period, 2020-2025.
The report is updated with the impact of the currently ongoing COVID-19 pandemic. The pandemic has dynamically affected key market segments and changed the growth pattern and demands in the Automotive Aluminum Parts High-pressure Die Casting (HPDC) market. The report covers an in-depth analysis of these changes and provides an accurate estimate of the market growth forecast after the impact of the pandemic.
The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Automotive Aluminum Parts High-pressure Die Casting (HPDC) Market: - Georg Fischer AG, - Rheinmetall Automotive AG (KSPG AG (KS Kolbenschmidt GmbH)), - Ryobi Die Casting Inc., - Nemak, - Endurance Technologies, - Shiloh Industries Inc., - Pace Industries, - Brabant Alucast*, and Other.
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Key Market Trend:
Rising Aluminum Prices Hindering the Market
Base metal prices have been under pressure in recent weeks, due to the looming trade war between the United States and the rest of the world.
The imposition of tariffs on imports from the US allies (including European Union, Mexico, and Canada), on aluminum (10%) and steel (25%), by the President-elect, is expected to increase the domestic aluminum prices.
According to the Aluminum Association, even if the production of aluminum increases in the United States, it may not be possible to boost it enough to take the place of all the aluminum and steel imports by the American manufacturers. This will result in a rise in the cost of aluminum high-pressure die casting.
- Traditionally, the aluminum casting could be done with costs lower than that by other metals.
- The aforementioned new tariffs are expected to change the situation. They are likely to result in long durations for orders to get completed, as the aluminum needed for die casting may not be as readily available as it has been in the past.
Some manufacturers are focusing on finding more cost-effective alternatives for die casting. It is expected that the tariffs will have a big impact on downstream manufacturers, as well as may result in increase in prices as the cost of aluminum rises.
For a comprehensive understanding of market dynamics, the global Automotive Aluminum Parts High-pressure Die Casting (HPDC) market is analyzed across key geographies namely: United States, China, Europe, Japan, South-east Asia, India, and others. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.
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Influence of the Automotive Aluminum Parts High-pressure Die Casting (HPDC) market report:
-Comprehensive assessment of all opportunities and risks in the Automotive Aluminum Parts High-pressure Die Casting (HPDC) market.
–Automotive Aluminum Parts High-pressure Die Casting (HPDC) market recent innovations and major events.
-Detailed study of business strategies for growth of the Automotive Aluminum Parts High-pressure Die Casting (HPDC) market-leading players.
-Conclusive study about the growth plot of Automotive Aluminum Parts High-pressure Die Casting (HPDC) market for forthcoming years.
-In-depth understanding of Automotive Aluminum Parts High-pressure Die Casting (HPDC) market-particular drivers, constraints, and major micro markets.
What are the market factors that are explained in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools: The Global Automotive Aluminum Parts High-pressure Die Casting (HPDC) Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
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