United Kingdom Automotive Parts Magnesium Die Casting Market Size, Share, and COVID-19 Impact Analysis, By Production Process (Pressure Die Casting, Vacuum Die Casting, Squeeze Die Casting, and Semi-Solid Die Casting), By Application Type (Engine Parts, Transmission Components, and Body Parts), and United Kingdom Automotive Parts Magnesium Die Casting Market Insights, Industry Trend, Forecasts to 2035.
Industry: Automotive & TransportationUnited Kingdom Automotive Parts Magnesium Die Casting Market Insights Forecasts to 2035
- The United Kingdom Automotive Parts Magnesium Die Casting Market Size Was Estimated at USD 34.64 Billion in 2024
- The Market Size is Expected to Grow at a CAGR of around 9.00% from 2025 to 2035
- The United Kingdom Automotive Parts Magnesium Die Casting Market Size is Expected to Reach USD 89.38 Billion by 2035
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According to a research report published by Spherical Insights & Consulting, The United Kingdom Automotive Parts Magnesium Die Casting Market Size is Anticipated to reach USD 89.38 Billion By 2035, Growing at a CAGR of 9.00% from 2025 to 2035. The incorporation of magnesium die-cast components, which are substantially lighter than conventional materials, is being encouraged by the growing emphasis on vehicle lightweighting to increase fuel efficiency and reduce emissions.
Market Overview
The United Kingdom automotive parts magnesium die casting market refers to the industry focused on utilizing die casting techniques to produce magnesium alloy vehicle components. Because of its great strength, durability, and low weight, magnesium die casting is preferred for lowering vehicle weight and increasing fuel economy. This market supports improvements in vehicle performance, fuel economy, and environmental sustainability by providing parts like engine blocks, gearbox cases, and structural components. The transition of the car industry to lighter materials with the objective of minimizing emissions and increasing fuel efficiency. Manufacturers are investing in magnesium die casting to improve performance in response to the growing demand for electric vehicles and environmentally friendly transportation options. Further opportunities for innovation, economical manufacture, and increased application in both commercial and passenger cars are made possible by technological developments and increased research and development in magnesium alloys. The development of magnesium alloys with high strength and heat resistance will allow for a wider range of applications in structural and powertrain parts. Precision casting, fewer errors, and increased production efficiency are ensured by integration with modern machinery and simulation technologies, enabling the design of lightweight vehicles and sustainability objectives.
Report Coverage
This research report categorizes the market for the United Kingdom automotive parts magnesium die casting market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United Kingdom automotive parts magnesium die casting market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the United Kingdom automotive parts magnesium die casting market.
United Kingdom Automotive Parts Magnesium Die Casting Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Forecast Period: | 2025 - 2035 |
Forecast Period CAGR 2025 - 2035 : | 9.00% |
Historical Data for: | 2020-2023 |
No. of Pages: | 190 |
Tables, Charts & Figures: | 120 |
Segments covered: | By Production Process, By Application Type and COVID-19 Impact Analysis |
Companies covered:: | Meridian Lightweight Technologies, Georg Fischer, Gibbs Die Casting, Castrol, Dynacast, SinterCast, RICO Manufacturing, Die Casting Engineering, Faw Foundry, ZL Cast, and other key vendors. |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
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Driving Factors
The increasing demand for lightweight cars to reduce carbon emissions and increase fuel economy. Since magnesium is the lightest structural metal, it's a great material to use to lighten vehicles without sacrificing strength. The market is growing as a consequence of government measures to promote electric vehicles and strict environmental restrictions. Furthermore, manufacturers are adopting magnesium components because to improvements in manufacturing speed, precision, and cost-effectiveness brought about by die casting technology breakthroughs. Supported by continuous R&D in material innovation, the market's growth is further aided by its use in steering systems, engine blocks, and transmission cases.
Restraining Factors
The high price of magnesium in comparison to other materials, restricted worldwide supply, and energy-intensive manufacturing methods. Overall market penetration is further impacted by difficulties with corrosion resistance and recycling, which prevent broad adoption across all car sectors.
Market Segmentation
The United Kingdom automotive parts magnesium die casting market share is classified into production process and application type.
- The pressure die casting segment accounted for the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The United Kingdom automotive parts magnesium die casting market is segmented by production process into pressure die casting, vacuum die casting, squeeze die casting, and semi-solid die casting. Among these, the pressure die casting segment accounted for the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. The segment growth can be attributed to the ability to provide consistent quality, shorter cycle times, and high-volume output with little material waste. These advantages encourage economical production and address the need for lightweight vehicle components.
- The engine parts segment accounted for the largest revenue in 2024 and is expected to grow at a significant CAGR during the forecast period.
The United Kingdom automotive parts magnesium die casting market is segmented by application type into engine parts, transmission components, and body parts. Among these, the engine parts segment accounted for the largest revenue in 2024 and is expected to grow at a significant CAGR during the forecast period. This is because of the growing demand for vehicles that are lightweight and fuel-efficient. Magnesium is suitable for current engines because of its exceptional strength-to-weight ratio and heat resistance, which encourage sustainability, pollution reduction, and performance objectives.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the United Kingdom automotive parts magnesium die casting market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Meridian Lightweight Technologies
- Georg Fischer
- Gibbs Die Casting
- Castrol
- Dynacast
- SinterCast
- RICO Manufacturing
- Die Casting Engineering
- Faw Foundry
- ZL Cast
- Others.
Recent Developments:
- In February 2025, Pace Industries LLC announced plans to expand its manufacturing operations at its facility in Jackson, Tennessee. The $2.8 million project is expected to create 49 jobs and enhance the production of magnesium die-cast components.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at UK, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the United Kingdom automotive parts magnesium die casting market based on the below-mentioned segments
United Kingdom Automotive Parts Magnesium Die Casting Market, By Production Process
- Pressure Die Casting
- Vacuum Die Casting
- Squeeze Die Casting
- Semi-Solid Die Casting
United Kingdom Automotive Parts Magnesium Die Casting Market, By Application Type
- Engine Parts
- Transmission Components
- Body Parts
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