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Global Die Casting Market is estimated to account for US$ 106.5 Bn by end of 2028, Says Coherent Market Insights (CMI)
SEATTLE, Aug. 11, 2021 (GLOBE NEWSWIRE) -- Die casting is a method of producing cast components made of aluminum, zinc, magnesium, or brass in an industrial setting. The molten metal is pushed into the die under tremendous pressure, which solidifies and is subsequently ejected. Several mold parts may be produced depending on the die. Die casting enables the production of components with extremely thin walls, smooth surfaces, and edges. The global die casting market is estimated to account for US$ 106.5 Bn in terms of value by the end of 2028. Market Drivers 1.Die casting market in the Asia-Pacific region is forecasted to be driven by the availability of a cost-effective labor force, government incentives policies for small and medium-sized enterprises, and a favorable domestic environment in the automobile sector. Asia-Pacific die casting market is expected to grow at a faster rate due to the growing automobile industry. India and China are emerging as cost-effective die casting manufacturing hubs, due...Read more -
Magnesium is the light-weight champion of all die casting metals
If your project requires a lightweight die casting component with an excellent strength-to-weight ratio, magnesium die casting is the logical option. Die casts magnesium alloy AZ91D, a high-purity alloy which offers good corrosion resistance for your magnesium parts, as well as the following benefits: Longer tool life Easiest alloy to machine Good thermal and electrical conductivity Excellent for thin-wall, complex parts Excellent noise and vibration dampening properties Provides excellent EMI & RFI shielding Good finishing characteristics Light weight (75% lighter than steel, 33% lighter than aluminum) with high strength Magnesium parts scrap material is 100% recyclable What is Magnesium? Magnesium is a base material for numerous alloys. AZ91D is the most common magnesium alloy for die casting. It offers excellent castability and toughness, and is an ideal material for light weight, highly durable parts. The alloy specification of three major magnesium alloys AM50A, AM60B, and AZ91D. Why Choose Magnesium for your Die Casting Project? Compared to steel, magnesium is 75% lighter with no...Read more
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