Aluminum Die Castings are widely used, especially in the automotive industry. The demand for aluminum dies castings are very considerable.
Looking at the development of aluminum die castings in China, in recent years, the production capacity of aluminum die castings in China is constantly expanding.
It is understood that in recent years, the output of aluminum die castings in China has increased year by year, and the development is very rapid.
The reasons are as follows:
First of all, driven by the trend of automobile lightweight, there is a huge demand in the global aluminum dies casting market. With the optimization and upgrading of the automotive industry in recent years, aluminum castings are gradually used instead of gray iron castings, thus continuously stimulating aluminum alloy die castings. The demand is growing.
Secondly, due to the development of the global die-casting industry, the demand for aluminum alloy die-casting parts in various industries is increasing. Thirdly, driven by the trend of global economic integration, the global focus of die-casting production has gradually shifted to China.
In addition, China’s unique labor and aluminum resources advantage [-0.99%], the domestic die-casting industry has shown a rapid development trend. That is to say, China’s aluminum alloy die-casting industry’s continuous expansion of production capacity in the market, and it is fundamentally different from the capacity expansion of the entire casting industry in China leading to overcapacity.