Aluminum Profile Industry And Market Analysis

- May 08, 2020-

For decades, Western European and North American companies have been at the forefront of the industry, controlling most of their production and trading. But now, this once unbreakable pattern is gradually changing.

Aluminum industry is a high energy consumption industry. Regions such as Russia, India and the Middle East with relatively low energy costs have natural advantages in the increasingly fierce competition of aluminum industry. On the other hand, with the rapid economic growth of emerging market countries in recent years, the global aluminum consumption market is also moving eastward, making the aluminum production and marketing market more integrated.

The rapid rise of China's aluminum processing industry is the first event of the world's aluminum industry in recent years. Ten years ago, China was only the fourth largest aluminum producer in the world. Now, China has become the largest aluminum producer.

During the Tenth Five Year Plan period, China's aluminum processing industry maintained a high-speed development trend, with an average annual growth rate of 21.9%. In 2006, the output of aluminum processing materials in China increased by 25.7% compared with the previous year, which made other major aluminum production countries out of reach. From January to December 2010, the cumulative production of national aluminum alloy was 3615078.93 tons; from January to December 2011, the cumulative production of national aluminum alloy was 3781171.31 tons. From January to July 2012, the national aluminum alloy output was 2508433.94 tons.

In the future, China's aluminum alloy industry has a huge market demand potential. Because our country is in the middle stage of industrialization, the main consumption field of aluminum alloy profile is construction industry, and the proportion of industrial aluminum alloy profile consumption in total aluminum alloy profile consumption is far lower than that of developed countries. With the advancement of China's industrialization, the demand for aluminum alloy profiles in transportation, electronics and other industries is bound to rise. In the consumption structure of aluminum alloy profiles, the proportion of industrial aluminum alloy profiles consumption is bound to rise.