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Analysis of the global aluminum processing market outlook-Market demand will continue to increase in
- 2018-11-01 10:12 -
Aluminum alloy sheet processing refers to the use of plastic processing methods to process billets of aluminum billets. The main methods are rolling, extrusion, drawing, and forging. Processed products refer to various aluminum materials produced through plastic deformation process, also known as semi-finished products, namely plates, belts, foils, pipes, rods, types, lines, forgings, powders and pastes, etc., for users to manufacture aluminum products.
According to the different processing technologies, aluminum processing products can be divided into two major categories: one is the use of aluminum castings produced by the casting - extrusion process; the other is the use of hot-rolled cold-rolled aluminum strip and aluminum foil production process. Among them, aluminum profiles are mainly used in the construction and industrial fields, while aluminum plate and foil are mainly used in the fields of home appliances and food and beverages.
According to the “Analysis of the Market Forecast and Investment Strategic Planning Report of the Aluminum Processing Industry” released by the Forward-looking Industry Research Institute, the output of primary aluminum in the world was 58.17 million tons in 2016, an increase of 0.48% over the same period of the previous year. In the first quarter of 2017, the global output of primary aluminum was 975,000 tons, an increase of 8.08% over the same period of last year. Based on the finished product rate of 85%, in 2016, the global aluminum production was 49.44 million tons. In the first quarter of 2017, the global aluminum production was 16.98 million tons.

 Due to its characteristics of light weight, low price, and recyclability, aluminum is widely used in industries such as transportation, home appliances, electronics and mechanical equipment. At present, under the premise of emphasizing energy conservation and environmental protection in the world, the future market for aluminum in the fields of construction, electric power, automobile manufacturing, household appliances, electronics, and machinery and equipment is very large, and the market has a promising future. Although the growth rate of the developed countries market has slowed down, but benefit from the rapid development of emerging countries such as China, it is expected that the global aluminum market will experience a compound annual growth rate of approximately 5% between 2017 and 2022. By 2022, the global aluminum market Consumption is expected to reach 65.66 million tons.
 In the aspect of aluminum profiles, in the next five years, the product varieties of aluminum profile production enterprises will continue to increase, product quality will be more refined, products with higher added value, and more energy-saving and environmental protection. Specifically speaking, in terms of aluminum processing technology, it is developing in a more refined direction; in aluminum processing equipment, it is developing in the direction of intelligence; and in the construction of enterprises, it is developing toward large and strong and specialized.
In terms of aluminum foil, the current number of large-scale aluminum foil manufacturers in the world is relatively small. Most of the companies are small in scale, have weak production capacity, have a small market share, and have low production equipment and technology. With the increasing demand for aluminum foil, most aluminum foil companies will expand their production scale, introduce advanced production equipment, and increase product output. Some small aluminum foil manufacturers will be phased out due to lack of funds or backward technology. The large-scale aluminum foil manufacturers in the industry will continue to increase and the concentration will continue to increase.