Market Prospect of Aluminum Die Castings for Automotive Doors and Windows

The aluminum die-casting products for car doors and windows have a large market both domestically and internationally. In the international market, Japan, Europe, and the United States have already occupied 90% of the global market for aluminum alloy die castings for automotive doors and windows, while domestic products are mainly used for sedans and buses. In recent years, with the rapid growth of the domestic automotive market, aluminum alloy die castings for car doors and windows have also developed rapidly. According to relevant data, the current production capacity of aluminum alloy die-casting parts in China has reached around 500000 tons, with an annual output of over 600000 tons.

With the continuous strengthening of the development trend towards lightweight and high-strength automotive components, automotive aluminum alloy die-casting products have been widely used in the production and manufacturing of key components such as body structures and chassis components. With the development of the domestic automotive manufacturing industry and the growth of the global automotive market, domestic aluminum alloy die-casting products will continue to maintain a rapid development trend in the future.

Overview of Die Casting Market

At present, international automotive component giants have increased their investment in aluminum alloy die-casting to maintain their competitiveness in the automotive industry, while also driving the development of domestic aluminum alloy die-casting production enterprises. Among them, domestic automotive component giants mainly include Desai Xiwei (002920), Ningbo Huaxiang (002048), Asia Pacific Co., Ltd. (002284), etc.

At present, the main production areas of aluminum alloy die castings worldwide are Germany, Japan, the United States, and Italy. Among them, Germany mainly produces large precision castings; Japan mainly produces small precision castings; The United States mainly produces large aluminum alloy die castings; Italy mainly produces large and precision castings. According to relevant data, currently, the top ten companies in the world's automotive die-casting industry account for 90% of the global market share.

Market Dynamics of Die Casting

The production and sales situation of China's automotive aluminum alloy die-casting industry in 2017: In 2016, China's automobile production reached 23.4964 million units, a year-on-year increase of 2.36%. The annual production for 2017 is expected to be 30.2145 million units. The production of automotive aluminum alloy die-casting parts is expected to be 22411100 tons, a year-on-year increase of 3.85%. From the production and sales situation of China's automotive aluminum alloy die-casting industry from 2008 to 2017, the sales growth rate of the automotive industry in 2011 exceeded that of the aluminum die-casting industry, mainly due to strong market demand and rapid development of the aluminum die-casting industry that year.

Analysis of Die Casting Technology

Based on the development of the foreign automotive aluminum casting market and the current situation of the domestic automotive aluminum die casting industry, it is expected that the automotive aluminum casting industry in China will maintain a fast growth rate in the next few years. In the future, the scale of the automotive aluminum die casting market will continue to expand, but the growth rate will decrease. The specific predictions are as follows:

Prospect of Die Casting

The development of China's automotive aluminum alloy die-casting industry has gone through more than 20 years and is currently in a critical stage of transitioning from product quantity advantage to quality advantage. In the 12th Five Year Plan, China proposed that new energy vehicles will become the focus of future automotive industry development. It can be foreseen that with the rapid growth of the new energy vehicle market, there will be a demand for automotive aluminum alloy die-casting products.

epilogue

The Chinese automotive industry has entered a period of rapid development. In the "Medium and Long Term Development Plan for the Automotive Industry", it is clearly stated that China's automotive industry will focus on energy conservation and new energy in the future, and achieve a strategic goal of about 20% of the total number of energy-saving and new energy vehicles by 2020. This puts forward higher requirements for China's automotive die-casting industry. In the future, China's automotive die-casting industry will face enormous challenges and opportunities.

Although the development speed of China's automotive die-casting industry is faster than that of other countries, China is currently unable to compete with large die-casting enterprises in the world. Due to the lack of high-quality and high-level die-casting talents in China, many enterprises usually choose to use low-cost labor for production, regardless of cost, in order to reduce production costs and save production time. In order to align the manufacturing technology of automotive die-casting parts with the world's advanced level and improve the competitiveness of China's die-casting market, it is necessary to accelerate the cultivation and improvement of a technical team with independent intellectual property rights.