DUBLIN, Oct. 9, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/s2ljqq/asia_pacific) has announced the addition of the "Asia Pacific Automotive Parts Magnesium Die casting Market - Growth, Trends, Forecast (2015-2020)" report to their offering.
The Asia Pacific market for automobile parts magnesium die-casting is expected to grow to at a higher CAGR over the forecasted period. Growing small-medium scale die casters in India and China and subsequently, these countries emerging as automobile component manufacture hubs for the western automakers, is driving the former market in this region.
Further, lightweight, superior machining, greater die life, large thin-walled near net shape casting, greater mechanical properties and greater general corrosion resistance over aluminium is making the automakers prefer the former. Even the regional die casters for magnesium automotive parts are slowly increasing with the demand from automotive industry.
China produces more than half the world's magnesium metal. Chinese cheap magnesium has both directly and indirectly contributed to the collapse of the primary supply base of the western world. China Precision Die Casting, Magic Precision Inc., Meridian Lightweight Technologies, MK Group of Companies, Morimura Bros Inc., Ryobi Die Casting Inc., Gibbs Die Casting Group and Georg Fischer Limited are some of the key players in the market.
The market is segmented based on the production process type, by application type and by geography type. In a nutshell, automobile makers are now focusing on collaborating with the part die casting manufacturers in order to produce fuel-efficient and lightweight automobiles.
Key Topics Covered:
2. Executive Summary
3. Market Overview
4. Market Dynamics
5. Market Segmentation
6. Competitive Landscape
7. Key Players (Overview, Strategies, Developments, Analyst Perspective)
- Brabant Alucast - Chicago White Metal Casting Inc. - China Precision Diecasting - Continental Casting Llc - Georg Fischer Limited - Gibbs Die Casting Group - Kinetic Die Casting - Magic Precision Inc. - Meridian Lightweight Technologies - Mk Group Of Companies - Morimura Bros. Inc. - Ortal Die Casting - Pace Industries - Ryobi Die Casting Inc. - Shiloh Industries Inc. - Sundaram Clayton Ltd. - Twin City Die Casting Company - Ningbo Parison Die Casting Co., Ltd. - Pressure Die Casting (Pty) Ltd. (Africa) - Rockman Industries Ltd. - Ryobi Die Casting Inc. - Sandhar Technologies Ltd. - Sipra Engineers - Sun Beam Auto Pvt. Ltd. - Texas Die Casting - Tyche Diecast Pvt. Ltd. - Voit Automotive - Zealous Automotive
For more information visit http://www.researchandmarkets.com/research/s2ljqq/asia_pacific
Laura Wood, +353-1-481-1716, [email protected]
SOURCE Research and Markets