Industry News

Die cast aluminum products are in greater demand

2023-06-02

In 2023 and possibly well into 2024 and beyond, aluminum die cast products are expected to reach record highs. Due to the 2019 pandemic, many manufacturers were adversely affected by a supply chain crisis. For at least two years, many of them were unable to source parts and raw materials, so they either scaled back or halted production. The demand for aluminum die cast parts across industries is bound to increase as economies recover and supply chain challenges subside.

According to industry statistics, die cast parts will experience a medium-term boom due to the ever-growing electrical auto manufacturing, construction, electronics, and industrial machinery industries. According to Mordor Intelligence, aluminum still dominates the die casting market, mainly due to its lightweight and low cost.

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