Automotive Metal Die Casting Market 2023 Growth Statistics, Business Demand, Top Manufacturers Data 2032
The automotive metal die casting market is a large and growing market that is expected to reach a value of $84.0 billion by 2032. The market is driven by the increasing demand for lightweight vehicles, the growing popularity of electric vehicles, and the development of new technologies that make die casting more efficient and sustainable. Automotive metal die casting is a manufacturing process that is used to create metal parts by injecting molten metal into a mold. The process is used to produce a wide variety of automotive parts, including engine blocks, cylinder heads, transmission cases, and brake components. The global automotive metal die casting market is segmented by metal type, application, and region. The metal type segment is dominated by aluminum extrusion , which accounts for the largest share of the market. Aluminum is a lightweight metal that is used to produce fuel-efficient vehicles. Magnesium sulfate is another major metal type, and it is used in applications wh