The plastic elements that are used in a car play an important role in the overall protection and performance of the vehicle. Many people have an idea that plastic components that are used in vehicles are the things like seat, dashboard and floor mats. Thermoplastics, on the other hand are found in many positions in a car, like those under the hood of powertrain and fuel systems. There are different advantages of using plastic to while manufacturing the automobile parts using custom injection moulding technique that are used in wide range of applications. Here we will discuss the advantages:
Safety Performance – The safety performance will always remain the top factor in the selection of engine and drivetrain components. An expert injection moulder makes use of highly effective polymers that perform well in automobile intrusion, crushing and a wide range of automotive tests.
Resistance – There are many plastics that can survive harsh weather conditions, such as UV rays, prolonged dry and wet conditions and rapid temperature fluctuations. Plastics can also survive the wear and tear that rough terrains can offer.
Maintaining The Integrity Over The Right Temperature Range – The right plastic can preserve the integrity without losing efficiency and are ideal for the under-the-hood applications.
Cost-Effectiveness – The pricing of auto plastic parts is much lower than the metal parts due to the injection moulding process’s short processing time. Furthermore, plastic parts can be colored before molding, allevating the need for an expensive secondary operation process such as painting.
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Segment AnalysisThe global metal casting market has been segmented on the basis of material type, process, end-use industry, and region.On the basis of material type, the cast iron segment dominated the market, accounting for a share of over 60% of the market in 2018 and is projected to register a CAGR of 6.70% during the review period.
Cast iron is being used in various applications including engine blocks, gas burners, manifolds, housings, enclosures, railroad brake shoes, automobile door hinges, hydraulic components, sprockets, connecting rods, and farm & construction machinery.
The increasing use of cast iron in the major end-use industries owing to its superior properties is likely to favor the growth of the segment.By process, the market has been divided into sand casting, die casting, shell mold casting, gravity casting, vacuum casting, and others.
Sand casting is the most widely used metal casting process owing to its low process cost and widespread use in the manufacturing of automobile components such as engine blocks, impellers, manifolds, support beams, cylinder heads, machine tool bases, pump housings, and valves.Based on end-use industry, the global market has been segmented into automotive & transportation, building & construction, mining, equipment & machine, consumer goods, and others.
The automotive & transportation industry held the largest share of the market, wherein various complex-shaped and large components are manufactured using metal casting.
A wide range of automobile components including structural components (front-end carriers, body & structure, door frame, seat frames, and tank frame), engine parts (cylinder heads, engine brackets, engine blocks), and transmission components (shafts, housings, chassis, and carriers) are manufactured using metal casting.
Metal Casting Market: HighlightsThe Global Metal Casting Market is projected to be valued at USD 352.65 Billion by the end of 2024 and exhibit a healthy CAGR of 7.55% during the forecast period.The growth of the global metal casting market is primarily driven by the high demand for automobile components such as sensor and airbag housings wheels, engine components, heads, blocks, and hoods.
The increasing automobile production in the developing economies on account of increased spending coupled with rising per capita disposable income of consumers is driving the growth of the automotive industry, which is likely to fuel the demand for metal casting.
Additionally, increasing environmental regulations and emission targets set by the regulatory authorities such as the European Union (EU) and US Environmental Protection Agency (EPA) to curb carbon emissions have resulted in increase in the production of lightweight, hybrid, and electric vehicles, which has fueled the demand for aluminum cast components at a significant rate.The building & construction industry is the other major consumer for metal cast products, wherein steel and aluminum are primarily used in the manufacturing of various building parts.
With the increase in residential and non-residential construction activities, the demand for metals such as steel and aluminum is likely to increase in the construction industry.Get a Free Sample Report Now@ https://www.marketresearchfuture.com/sample_request/8114However, growing preference for alternative metal working process, e.g., extrusion process, is expected to be the key factor hampering the growth of the global market during the review period.Key PlayersMRFR recognizes the following companies as the key players in the global metal casting market—Georg Fischer Ltd (Switzerland), Endurance Technologies Limited (India), Dynacast (US), Ryobi Limited (Japan), GIBBS (US), Precision Castparts Corp (US), Alcast Technologies (Canada), Ahresty Wilmington Corporation (US), Reliance Foundry Co. Ltd (Canada), and FORCEBEYOND (US), among others.Key Findings of the StudyGlobal metal casting market is projected to reach over 149,079.0 kilotons by 2024 with a CAGR of over 6.5% during the forecast period of 2019–2024.Asia-Pacific accounted for the largest market share owing to the increasing demand for sand casting and die-casting in the automotive and building & construction industries.The cast iron segment dominated the market with a share of 72% of the global market in 2018 and is expected to be valued at over USD 202.7 billion by the end of 2024The sand casting segment held the largest market share of around 54% in 2018 and is estimated to reach approximately USD 352.6 billion by the end of 2024.The automotive & transportation industry is estimated to be the dominant end-use industry segment in the global metal casting market during the forecast period.Segment AnalysisThe global Metal Casting Market has been segmented on the basis of material type, process, end-use industry, and region.On the basis of material type, the cast iron segment dominated the market, accounting for a share of over 60% of the market in 2018 and is projected to register a CAGR of 6.70% during the review period.
Cast iron is being used in various applications including engine blocks, gas burners, manifolds, housings, enclosures, railroad brake shoes, automobile door hinges, hydraulic components, sprockets, connecting rods, and farm & construction machinery.
The increasing use of cast iron in the major end-use industries owing to its superior properties is likely to favor the growth of the segment.By process, the market has been divided into sand casting, die casting, shell mold casting, gravity casting, vacuum casting, and others.
Apart from core car exterior accessories like inflator, reflector, tyres, engine, etc, what is that one part of your vehicle that has to endure a lot?
It's your car floor mat - a must have car interior accessories especially for those car owners, who have pets and kids in their house.
These car floor mats are one of the must have interior accessories for travellers - if you are travelling to the area that faces rainfall, dirt, mud, etc, your floor mats often stacked up in mud.Car floor mat price - if you are in the mood to enjoy your ride or driving in the rainfall, dirt, and stain, your floor mats might act as a biggest fighter.Obviously, you don't want to sit in the car that smells bad owing to stains, forget about others and just think about your own vehicles.
So, what are you waiting for?
If you are searching for one of the affordable manufacturers and suppliers in the automotive industry then you have come to the right place.
Get the best, durable, affordable, easy to wash, appealing car floor mat price, we have picked the best in class material for our valuable customer.
