The global automotive casting market size is expected to witness considerable growth over the forecast period as governments around the world place increasing emphasis on introducing stringent regulations to improve energy efficiency. The automotive casting market is segmented into investment casting, die casting, sand casting, and others. The market share of the production of auto parts by investment casting is increasing.
Benefits of Using Investment Casting to Make Automotive Castings
Has a clear economic advantage
Investment casting can reduce scrap generation and increase productivity, thereby reducing production costs.
Increase production speed
Investment casting reduces labor time and shortens lead time because it greatly reduces the amount of machining required after the auto part is cast.
Tight tolerances
Investment casting has a tolerance of 0.003 inches, which is tighter than most casting processes such as die casting.
Impact of COVID-19 on Automotive Casting Market Forecast
The current COVID-19 pandemic negatively influenced the development of market in North America as the automotive industry suffered severe disruptions in their production processes. With the regional authorities placing restrictions on movement of people and goods along with social distancing norms and lockdowns, the demand for vehicles dipped to a great extent.
The automotive manufacturing plants in North America witnessed great disturbance in their supply chain processes due to shortage of manpower and transportation facilities. Many production facilities were temporarily shut down, leading to automakers incurring heavy losses. For example, renowned die cast manufacturer Pace Industries LLC was forced to shut down its five production plants in April 2020, which heavily affected its profit margins. However, today North America is witnessing an ease in its lockdown measures and restrictions, which will give the regional market a good chance to recover losses and get back on its feet.
What Auto Parts Can Be Made by Investment Casting
Compared with other casting processes, investment casting can obtain a higher surface finish for automotive parts, and investment casting can also cast the following automotive parts.
- Turbocharger Wheels
- Wastegate
- Fuel Rail Function Blocks
- Actuator Rods
- Intermediate Levers
- Steel Pistons
- Fuel Cell
- Direct Injection System
- Variable Valve Timing
- Exhaust Gas Regeneration
- Water Pump Body
- Control Arms
- Damper Forks
- Exhaust Manifolds
- Hubs
- Wheels
- Steering Knuckles
- Brackets
- Other Parts
Professional Auto Casting Manufacturer in China
We are an investment casting manufacturer from China, which can produce auto parts for you with advanced investment casting process. We can save you a lot of cost and improve the quality of your products. With decades of automotive casting experience, we are able to provide our customers with superior quality, cost-effective prices and impressive after-sales service. If you are interested, please contact us immediately.