General situation and prospect of die casting market

The application of die castings is very wide, involving a considerable number of product areas and industrial categories. Die casting products are mainly automobile and motorcycle parts, followed by hardware, communications and other die castings. At present, the annual production of die castings in China is about 2.1 million tons, with aluminum alloy accounting for about 76%; Zinc alloy accounts for about 16%; Magnesium alloy accounts for 7%; Copper alloys are less than 1%.

The development of automobile market directly drives the development of die casting market. In the die casting market, the consumption of the automobile industry accounts for a considerable share. According to relevant statistics, in China, the proportion of the total volume of die castings supplied to the automobile industry has remained between 65% and 75% in recent years. As for the consumption of die castings in each car, if the consumption of aluminum alloy castings in each car is concerned, it will gradually increase. Relevant data shows that the average consumption of aluminum alloy castings per vehicle was 34KG in 1980 and 157KG in 2009, among which aluminum alloy die castings accounted for more than 65% of all aluminum castings. Zinc alloy, magnesium alloy and copper alloy die castings have also been widely used in the automotive industry.

In terms of the auto market itself, China’s auto market has developed rapidly in recent years. According to relevant data, in 2009, China’s auto production and sales exceeded 13 million, becoming the world’s largest auto production and sales country. In the first three quarters of 2010, China’s auto production and sales exceeded 13 million, approaching the production and sales of 2009. It is conservatively estimated that the auto production in 2010 will reach more than 17 million.

Although the automobile industry has made great progress, the annual ownership has reached more than 85 million vehicles, but it is only close to the current world average. Even if the car ownership reaches 150 million, it still cannot reach the level of Mexico in 2005, so the sustainable development of the automobile industry has an objective market demand potential.

In addition, the light weight of automobiles and the rise of new energy vehicles have also brought greater development space for the die casting industry.