Analysis of China's Auto Casting Parts Market in 2022

Auto parts are the various units that constitute the entire car and a product that serves the car. Casting is a molten metal into the mold cavity, cooling and solidification of the product production method. Automobile casting parts are automobile parts produced by casting. The main characteristics of automobile casting parts are thin wall, complex shape, light weight, good reliability, high dimensional accuracy, and large-scale mass production. And various materials may be used, such as cast iron, cast steel, cast aluminum, cast copper, etc. With the continuous development of casting technology, the application range of castings continues to expand. For example, the crankshaft, connecting rod, gear and other parts made by forging technology in the past are gradually replaced by castings.
Automobile die-casting process is mainly divided into casting, forging, stamping three categories. Casting is the method of casting liquid metal into the casting cavity suitable for the shape of the part, and then cooling and solidifying to obtain the part or blank. Divided into pressure casting, squeeze casting and so on. The parts produced by casting process are mainly shell type and support type. The casting process is divided into pressure casting (high pressure casting, vacuum pressure casting, low pressure casting), gravity casting and squeeze casting.
As an important part of the automobile manufacturing industry, the automobile casting parts industry occupies an important position in the entire automobile industry chain. Its demand is closely related to changes in automobile production and ownership. At present, China's automobile industry has entered industrial structure adjustment and transformation. In the new stage of upgrading, the new energy automobile market will also change from policy-driven to market-driven. From the perspective of the development trend of the automobile industry, the future potential of China's automobile market is still huge, the demand for automotive casting parts still has a lot of room for growth, and the demand for automotive casting parts in China is expected to reach 15.1882 million tons in 2022.
With the development of world economic globalization and the improvement of the professional level of the automobile industry, the position of the automobile casting parts industry in the automobile industry is gradually improving. In recent years, the scale of China's automobile casting parts industry has been expanding continuously. In 2021, the market scale of China's automobile casting parts reached 248.01 billion billion yuan, up 1.45 year on year. The state continues to issue favorable policies to support the development of the industry. With the support of policies, the technical level and innovation ability of China's automobile casting parts enterprises are gradually improving, and constantly changing to high-quality development. Regardless of the growth space of my country's auto industry or the law of industrial structure adjustment and upgrading of my country's auto parts industry, my country's auto casting parts industry still has huge space and market opportunities in the next few years.
For more detailed research and analysis of the industry, please refer to Gongyan's "Report on Panoramic Survey and Investment Prospect Forecast of China's Auto Casting Parts Market in 2022-2028". At the same time, Gongyan Industrial Research Institute also provides products and solutions such as industrial data, industrial research, policy research, industrial chain consultation, industrial map, industrial planning, feasibility analysis, business plan, IPO consultation, etc.
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