Automotive Parts Magnesium Die Casting Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Production Process, By Application, By Region & Competition, 2021-2031F

Description

The Global Automotive Parts Magnesium Die Casting Market will grow from USD 5.82 Billion in 2025 to USD 8.85 Billion by 2031 at a 7.24% CAGR. Automotive parts magnesium die casting is a precision manufacturing process involving the injection of molten magnesium alloys into reusable steel molds to create highly durable and extremely lightweight vehicle components.

Market Overview
Forecast Period	2027-2031
Market Size 2025	USD 5.82 Billion
Market Size 2031	USD 8.85 Billion
CAGR 2026-2031	7.24%
Fastest Growing Segment	Pressure Die Casting
Largest Market	Asia Pacific

Key Market Drivers

Accelerating Adoption of Electric and Hybrid Vehicles serves as the foremost catalyst propelling the Global Automotive Parts Magnesium Die Casting Market. As manufacturers strive to offset the substantial mass of battery packs, magnesium's superior strength-to-weight ratio becomes indispensable for extending driving range without compromising structural integrity. This demand for extreme lightweighting has shifted magnesium from a niche material to a core element in powertrain and structural components, encouraging Tier 1 suppliers to expand their specialized production capacities.

Key Market Challenges

Galvanic corrosion represents a substantial technical obstacle restricting the scalability of the global automotive parts magnesium die casting market. Magnesium possesses a high electrochemical potential, causing it to degrade rapidly when coupled with dissimilar metals like steel or aluminum in the presence of electrolytes. This inherent characteristic compels manufacturers to implement rigorous isolation techniques and apply advanced protective coatings, introducing significant complexity to the vehicle assembly process. The requirement for these additional processing steps directly increases unit costs, often negating the value proposition of weight reduction for cost-sensitive economy vehicle platforms.

Key Market Trends

The Implementation of Large-Scale Integrated Gigacasting Techniques is fundamentally restructuring the competitive landscape by necessitating significant capital consolidation among suppliers to support the deployment of massive die-casting cells. Unlike the technical validation of larger components, the current market phase is defined by the financial imperative to acquire the specialized infrastructure required for these mega-castings, driving a wave of strategic mergers and acquisitions. This consolidation is exemplified by major cross-border transactions aimed at securing high-tonnage casting assets.

Key Market Players

Chicago White Metal Casting Inc.
Sandhar Group
Georg Fischer AG
Gibbs Die Casting Group
Magic Precision Ltd.
Meridian Lightweight Technologies Inc.
Morimura Bros Ltd.
Tadir-Gan Group
Pace Industries
Shiloh Industries Inc.

Report Scope:

In this report, the Global Automotive Parts Magnesium Die Casting Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Automotive Parts Magnesium Die Casting Market, By Production Process:

Pressure Die Casting
Vacuum Die Casting
Squeeze Die Casting
Gravity Die Casting

Automotive Parts Magnesium Die Casting Market, By Application:

Body Parts
Engine Parts
Transmission Parts
Other Applications

Automotive Parts Magnesium Die Casting Market, By Region:

North America
United States
Canada
Mexico
Europe
France
United Kingdom
Italy
Germany
Spain
Asia Pacific
China
India
Japan
Australia
South Korea
South America
Brazil
Argentina
Colombia
Middle East & Africa
South Africa
Saudi Arabia
UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Automotive Parts Magnesium Die Casting Market.

Available Customizations:

Global Automotive Parts Magnesium Die Casting Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Automotive Parts Magnesium Die Casting Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Production Process (Pressure Die Casting, Vacuum Die Casting, Squeeze Die Casting, Gravity Die Casting)
- 5.2.2. By Application (Body Parts, Engine Parts, Transmission Parts, Other Applications)
- 5.2.3. By Region
- 5.2.4. By Company (2025)
5.3. Market Map

6. North America Automotive Parts Magnesium Die Casting Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Production Process
- 6.2.2. By Application
- 6.2.3. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Automotive Parts Magnesium Die Casting Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Production Process
    - 6.3.1.2.2. By Application
- 6.3.2. Canada Automotive Parts Magnesium Die Casting Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Production Process
    - 6.3.2.2.2. By Application
- 6.3.3. Mexico Automotive Parts Magnesium Die Casting Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Production Process
    - 6.3.3.2.2. By Application

7. Europe Automotive Parts Magnesium Die Casting Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Production Process
- 7.2.2. By Application
- 7.2.3. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany Automotive Parts Magnesium Die Casting Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Production Process
    - 7.3.1.2.2. By Application
- 7.3.2. France Automotive Parts Magnesium Die Casting Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Production Process
    - 7.3.2.2.2. By Application
- 7.3.3. United Kingdom Automotive Parts Magnesium Die Casting Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Production Process
    - 7.3.3.2.2. By Application
- 7.3.4. Italy Automotive Parts Magnesium Die Casting Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By Production Process
    - 7.3.4.2.2. By Application
- 7.3.5. Spain Automotive Parts Magnesium Die Casting Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By Production Process
    - 7.3.5.2.2. By Application

8. Asia Pacific Automotive Parts Magnesium Die Casting Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Production Process
- 8.2.2. By Application
- 8.2.3. By Country
8.3. Asia Pacific: Country Analysis
- 8.3.1. China Automotive Parts Magnesium Die Casting Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Production Process
    - 8.3.1.2.2. By Application
- 8.3.2. India Automotive Parts Magnesium Die Casting Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Production Process
    - 8.3.2.2.2. By Application
- 8.3.3. Japan Automotive Parts Magnesium Die Casting Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Production Process
    - 8.3.3.2.2. By Application
- 8.3.4. South Korea Automotive Parts Magnesium Die Casting Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By Production Process
    - 8.3.4.2.2. By Application
- 8.3.5. Australia Automotive Parts Magnesium Die Casting Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By Production Process
    - 8.3.5.2.2. By Application

9. Middle East & Africa Automotive Parts Magnesium Die Casting Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Production Process
- 9.2.2. By Application
- 9.2.3. By Country
9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Automotive Parts Magnesium Die Casting Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Production Process
    - 9.3.1.2.2. By Application
- 9.3.2. UAE Automotive Parts Magnesium Die Casting Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Production Process
    - 9.3.2.2.2. By Application
- 9.3.3. South Africa Automotive Parts Magnesium Die Casting Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Production Process
    - 9.3.3.2.2. By Application

10. South America Automotive Parts Magnesium Die Casting Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Production Process
- 10.2.2. By Application
- 10.2.3. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil Automotive Parts Magnesium Die Casting Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By Production Process
    - 10.3.1.2.2. By Application
- 10.3.2. Colombia Automotive Parts Magnesium Die Casting Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By Production Process
    - 10.3.2.2.2. By Application
- 10.3.3. Argentina Automotive Parts Magnesium Die Casting Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By Production Process
    - 10.3.3.2.2. By Application

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. Global Automotive Parts Magnesium Die Casting Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Chicago White Metal Casting Inc.
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
15.2. Sandhar Group
15.3. Georg Fischer AG
15.4. Gibbs Die Casting Group
15.5. Magic Precision Ltd.
15.6. Meridian Lightweight Technologies Inc.
15.7. Morimura Bros Ltd.
15.8. Tadir-Gan Group
15.9. Pace Industries
15.10. Shiloh Industries Inc.