The Market of the Die-casting Structural Parts under the Globalization

Nowadays, when the die casting foundry are facing many challenges, the die-casting process has become an economical and effective method for manufacturing structural parts. What is the impact of globalization on the industry? What are the challenges faced by foundries? Cooperation among enterprises in the industry on modern manufacturing technology may be a good solution.

Magnesium and aluminum light metal die castings are an important part of the car body and chassis. These parts can be manufactured by die casting. Otherwise, die-casting parts can also meet the needs in terms of lightweight structure, strength and crash performance, and meanwhile they can be completely recycled when they reach the end of their service life. Moreover, one of the advantages of die-casting technology is that the die-casting process can produce various functional parts according to different geometric shapes, partial strengthening or thinning of the wall thickness.

Strong market growth

Die castings have a wide range of applications, involving a considerable number of product fields and industrial categories. In all these applications, the automobile industry should be the first choice if considering the large quantity, variety, strict requirements, high quality, and large amount of metal materials. For a long time, the automobile industry has been the largest market in the die casting industry. North America has a market position that cannot be ignored in the past few years, and it is expected to maintain stable development in the future, especially in the United States. Changes in the United States will have an important impact on the development of global aluminum die casting. From the current situation, global changes are rapid and unpredictable. The future development of the aluminum die-casting industry will be full of more variables, and it is necessary for die casting foundry to pay more attention on the development of the market.

The industry is facing challenges

Automakers require suppliers not only to be punctual, but also to deliver high-quality parts consistently. And they hope that suppliers can set up factories to produce their own parts near the automakers. This requirement has become an influencing factor and challenge that the die casting plant must consider. In addition, the "globalization" factor is also one of the challenges. Under globalization, mature auto suppliers must deal with the strong international competition brought by active emerging companies. Die-casting structural parts have large surface area and thin thickness, which is different from the production process of steel and aluminum plates and profiles. This has become another challenge for the die casting foundries.