AUTOMOTIVE
Die casting is used to manufacture various auto parts. Aluminum die casting is further segmented into pressure die casting and others, such as engines, cylinders, gears, and flywheel, which are used in high-end vehicles to mass-produce vehicles. The distinct characters offered by pressure die casting such as smooth surface finish, easy filling of cavity, strong mechanical properties, and tighter dimension tolerance is expected to assist segment growth, especially in the automotive sector.
MOTORSPORT
Permanent mold casting is a process to manufacture a large number of cast products using a single mold structure that is made from high temperature withstanding material such as cast iron and die steel. The finished product from permanent mold casting has a superior finish with high dimensional tolerance, which makes it suitable in the manufacturing of motorsport and recreational vehicle components. Rising demand for motorcycles, especially in the U.S., is likely to drive the demand for permanent mold casting over the coming years. As per data published by the U.S. International Trade Commission (USITC) in 2018, the new registration of 600cc or less motorcycles increased from 58.3 thousand units in 2013 to 63.4 thousand units in 2017. Thus, steady demand from the motorcycle segment is likely to offer ample opportunities for manufacturers of aluminum permanent mold casting in the near future.
Die casting is used to manufacture various auto parts. Aluminum die casting is further segmented into pressure die casting and others, such as engines, cylinders, gears, and flywheel, which are used in high-end vehicles to mass-produce vehicles. The distinct characters offered by pressure die casting such as smooth surface finish, easy filling of cavity, strong mechanical properties, and tighter dimension tolerance is expected to assist segment growth, especially in the automotive sector.
MOTORSPORT
Permanent mold casting is a process to manufacture a large number of cast products using a single mold structure that is made from high temperature withstanding material such as cast iron and die steel. The finished product from permanent mold casting has a superior finish with high dimensional tolerance, which makes it suitable in the manufacturing of motorsport and recreational vehicle components. Rising demand for motorcycles, especially in the U.S., is likely to drive the demand for permanent mold casting over the coming years. As per data published by the U.S. International Trade Commission (USITC) in 2018, the new registration of 600cc or less motorcycles increased from 58.3 thousand units in 2013 to 63.4 thousand units in 2017. Thus, steady demand from the motorcycle segment is likely to offer ample opportunities for manufacturers of aluminum permanent mold casting in the near future.