Product Code: SR112025A6303
The global automotive parts magnesium die casting market size reached USD 3.3 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.5 Billion by 2033, exhibiting a growth rate (CAGR) of 5.51% during 2025-2033. Rising demand for lightweight vehicles, increasing electric vehicle (EV) production, advancements in die casting technology, growing vehicle electrification trends, regulatory pressures for fuel efficiency, development of improved material strength, and the industry's focus on performance enhancement and emission reduction are some of the factors driving the market growth.
An automotive piston pin, also known as the gudgeon pin, is a small, metal component that helps to connect the piston and crankshaft in a piston engine. It is typically made of steel and has a round, cylindrical shape. In internal combustion engines, piston pins connect the piston to the connecting rod, which functions as an auxiliary unit to support the piston's movement. The pins are designed to handle all the stresses and wear involved during operation as well as the loading stress. The most accepted materials for the manufacturing of automotive piston pins are steel, titanium, and aluminium. In addition to oil shedding, thermal coating, and powder coating, different coatings improve piston pin wear resistance. Compared to the steel piston system, the aluminium piston system is lighter, but steel pistons provide a better support for more demanding systems.
Automotive Piston Pin Market Trends:
The global market is primarily driven by the expanding production of various automobile products, particularly the ICE vehicles. This can be attributed to the increasing sales of ICE vehicles which is leading to significant production volumes. In line with this, the lack of suitable infrastructure and various shortcomings of electric vehicles compared to ICE vehicles such as short-range and high initial cost is driving the demand for ICE vehicles, which, in turn, is propelling the market growth. Moreover, continual technological advancements in the development of effective cooling methods in piston technology are also creating lucrative growth opportunities in the market. Besides this, numerous product innovations, such as the rising adoption of composite materials to minimize the weight of the piston pins, enhance durability and withstand loading stresses, are fueling the market. The market is further driven by the presence of well-established aftermarket and the increasing number of OEMs and Tier I suppliers on the global level. However, stringent emission norms resulting in an augmenting demand for battery-operated vehicles is acting as a major factor that is hindering the market growth. On the contrary, the emergence of engines that use renewable oil and gas resources, such as CNG, LPG and ethanol, as well as the development of hybrid vehicles with traditional piston-cylinder assembly are creating a positive outlook for the market. Some of the other factors contributing to the market include the escalating demand for passenger cars, extensive research and development (R&D) activities in the metallurgy and material science sector, inflating disposable income levels, and rapid urbanization.
Key Market Segmentation:
Material Insights:
Coating Type Insights:
- DLC (Diamond-Like Carbon) Coating
- PVD (Physical Vapor Deposition) Coating
- Dry Film Lubricants
- Thermal Coating/Thermal Barrier Coating
- Oil Shedding
- Powder Coating
- Others
Vehicle Type Insights:
- Passenger Car
- LCV
- HCV
- Others
Fuel Type Insights:
- Gasoline
- Diesel
- Alternative Fuel
Sales Channel Insights:
Regional Insights:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
- The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and Middle East and Africa. According to the report, Asia Pacific was the largest market for automotive piston pin. Some of the factors driving the Asia Pacific automotive piston pin market include the escalating demand for passenger cars, presence of well-established aftermarket, the increasing number of OEMs and Tier I suppliers, continual technological advancements, etc.
- Competitive Landscape
- The report has also provided a comprehensive analysis of the competitive landscape in the global automotive piston pin market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Aisin Corporation, Art-Serina Piston Co. Ltd., Burgess-Norton Mfg. Co. Inc. (Amsted Industries Incorporated), Elgin Industries Inc., Excel Industries Rajkot, JE Pistons (Race Winning Brands Inc.), MAHLE GmbH (MAHLE-STIFTUNG GmbH), Ming Shun Industrial Co. Ltd., Rheinmetall AG, Ross Racing Pistons, Shriram Pistons & Rings Ltd., etc.
Key Questions Answered in This Report
- 1.What was the size of the global automotive parts magnesium die casting market in 2024?
- 2.What is the expected growth rate of the global automotive parts magnesium die casting market during 2025-2033?
- 3.What are the key factors driving the global automotive parts magnesium die casting market?
- 4.What has been the impact of COVID-19 on the global automotive parts magnesium die casting market?
- 5.What is the breakup of the global automotive parts magnesium die casting market based on the production process?
- 6.What is the breakup of the global automotive parts magnesium die casting market based on the application?
- 7.What are the key regions in the global automotive parts magnesium die casting market?
- 8.Who are the key players/companies in the global automotive parts magnesium die casting market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Automotive Parts Magnesium Die Casting Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Production Process
- 6.1 Pressure Die Casting
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Vacuum Die Casting
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Gravity Die Casting
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Squeeze Die Casting
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
7 Market Breakup by Application
- 7.1 Body Parts
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Engine Parts
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Transmission Parts
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Others
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 SWOT Analysis
- 9.1 Overview
- 9.2 Strengths
- 9.3 Weaknesses
- 9.4 Opportunities
- 9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 Chicago White Metal Casting Inc.
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.2 Dynacast International Inc. (Form Technologies Company)
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.3 Georg Fischer Ltd.
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.3.3 Financials
- 13.3.4 Gibbs Die Casting Corporation (Koch Enterprises Inc.)
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.5 Meridian Lightweight Technologies
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.6 Morimura Bros. Inc.
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.7 Ortal Diecasting Ltd.
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.8 Pace Industries (Leggett & Platt Incorporated)
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.9 Ryobi Limited
- 13.3.9.1 Company Overview
- 13.3.9.2 Product Portfolio
- 13.3.9.3 Financials
- 13.3.10 Sandhar Technologies Limited
- 13.3.10.1 Company Overview
- 13.3.10.2 Product Portfolio
- 13.3.10.3 Financials
- 13.3.11 Shiloh Industries Inc.
- 13.3.11.1 Company Overview
- 13.3.11.2 Product Portfolio
- 13.3.12 Twin City Die Castings Co.
- 13.3.12.1 Company Overview
- 13.3.12.2 Product Portfolio