The rise of strategic sourcing has significantly impacted the die casting industry and the market is undergoing significant evolution to align with the emerging demands of Strategic Sourcing plans. As companies seek to optimize their supply chains, die casters are evolving to meet these new demands. Die casting is facing many of the challenges to ways of working that many compaines face. As Sustainable and Circular business principals are adopted and commitments made by Sourcing compaines for their Global Sourcing plans.
Finding the right Supply partners has never been so important to ensure that Quality and Service is delivered with clarity on the Environmental and Social impact of the manufacturing process.
Die casting is evolving rapidly through investment in new prcess, sustainable design, material use and process efficiency. The Die casting market is etimated at $82b in 2024 and is expected to reach $112b by 2029 growing at a CAGR of 6.24Source: Mordor Intelligence Die Casting
China has become the market leader in innovative Die Casting with huge investemnt in innovation nad factory capacity. China is the first stop for global sourcing and procurement teasm in their search for high quality innovtive die casting.
ET2C International Die casting Sourcing Specialists
ET2C are a UK owned Global Sourcing company who have ben trading for over 22 years. Our 200 colleagues strive each day to deliver our Mission to Make Sourcing Simple Safe and Fast for our clients.
Based in 7 offices across the globe in developed and emerging markets we work with clients to create and deliver effective sourcing strategies. Our industrial clients value our work across a range of process’s including Die Casting.
Our team will give you feet on the ground and become your bridget to Asian Supply partners. Ensuring you have peace of mind and deep partnership for growth. If you would like to know more drop us a line at contact@et2cint.com
Die Casting: A Versatile Manufacturing Process
Die casting remains a vital process for many industries. It offers several advantages, including:
- High precision:Die casting produces parts with tight tolerances and consistent dimensions.
- Fast production:It’s a highly efficient process, allowing for rapid production of large quantities of parts.
- Complex shapes:Die casting can create intricate geometries and details that might be difficult or expensive with other methods.
- Material versatility:A wide range of metals and alloys, like aluminum, zinc, magnesium, and copper, can be die cast.
- Cost-effective for large volumes:Die casting is cost-efficient for high production runs due to its speed, minimal material waste, and reduced post-processing needs.
Die Casting techniques innovating in a Shifting Landscape
The growing demand for die cast components is shaping the industry in several key areas:
- Lightweight and sustainable materials:Sustainability is a major focus, leading to a rise in lightweight materials like aluminum and magnesium alloys, offering excellent strength-to-weight ratios.
- Complex geometries and miniaturization:As industries evolve, the need for intricate and miniaturized components grows. Die casting’s ability to produce complex shapes is ideal for these applications.
Customization, Speed, and Sustainability in Die Casting
Modern sourcing demands are also influencing die casting:
- Customization and rapid prototyping: Companies increasingly need customized components and faster product development cycles. Die casting offers the flexibility to produce complex shapes and adapt designs while maintaining efficiency.
- Sustainability and recycling: As environmental concerns rise, the die casting industry is focusing on recyclability and waste reduction. This may involve improving material efficiency, optimizing energy consumption, and implementing closed-loop recycling systems.
How Strategic Sourcing can build effective Sourcing and Procurement
Strategic sourcing helps companies ensure their global procurement effectively delivers:
- High-quality products
- Sustainable practices
- Faster manufacturing
- Clear communication
- Quality and compliance
- Competitive costs and reliable supply
ET2C: Your Bridge to Successful Die Casting Sourcing
For over 21 years, ET2C has helped industrial clients build and execute their global sourcing strategies. We act as a bridge to strategic sourcing partners in Asia, ensuring complete supply chain transparency and meeting all quality and compliance standards. We simplify sourcing by providing you with a team “on the ground” across seven countries, ensuring your sourcing plans are delivered effectively.
Contact us at contact@et2cint.com to learn how our experience can help you build a winning global sourcing strategy and gain a competitive edge.
