Current Trend & The Future Of Die Casting Industry

Within the dominant aluminum casting segment, die casting accounts for more than 61 %. And aluminum die casting accounts for just less than 54 % of total non-ferrous metal casting in the world.

For years, international vehicle manufacturing, especially passenger car production, has been an increasingly dominant customer segment. In addition, die cast components are also making inroads into commercial vehicles and are therefore capturing new market segments. In the meanwhile, about 80 % of non-ferrous metal castings are being produced for use in vehicle manufacturing. The remaining 20 % are destined for a number of different client segments like electrical engineering and general mechanical engineering. The good demand in recent years has led to a stable investment rate of around 5 % of revenue. In respect of investment budgets, two-thirds of foundries are prepared to invest much more in 2021 than in the previous year. Alongside ongoing investment for rationalization and replacement, investments to expand capacity are playing a defining role, according to an analysis by the Munich-based Ifo Institute for Economic Research. A decisive criterion for investment decisions is the modification of product range, with component structure increasingly shifting towards structural parts.

Nevertheless, die casting foundry operators do…