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    China aluminium rolling industry is growing in tandem with the global market

  • China Aluminium Network
  • Post Time: 2016/10/12
  • Click Amount: 610

    According to a recently published market research report by Reportbuyer, global consumption of aluminium rolled products that are primarily used in packaging, transportation and construction sectors amounted to 23.8 million tons in 2015, up 5.1 per cent from a year ago and a 1.5 percentage points slowdown from 2014. Packaging industry took the largest proportion of aluminium rolled products consumption (41 per cent), followed by the transportation sector (23 per cent).

    It is projected that global consumption of aluminium rolled products will hit 30 million tons in 2020 at a CAGR of around 5 per cent with the transportation likely surpassing packaging to become the largest application market of aluminium rolling.

    China, as the world's most important aluminum processing & consumption base, produced 10.70 million tons of aluminium sheets & strips and 2.665 million tons of aluminium foils in 2015, a year-on-year rise of 8.5 per cent and 0.6 per cent, respectively. The output of aluminium sheets and strips and foils is expected to maintain a pace of about 7 per cent and 5 per cent during 2016-2020, separately.

    Packaging and transportation are the largest two sectors for aluminium rolled products in China, making up 17 per cent and 15 per cent in 2015, respectively. Thanks to rapid growth in demand from automobile, MU (Multiple Units), urban rail subway, and airplane markets, the transportation will generate the largest demand for aluminium rolled products over the next four years with its share increasing to 21 per cent.

    The world's major producers of aluminium rolled products are Novelis, Alcoa, Furuk/SLM/TAA, Hydro, Aleris and Constellium, holding a combined market share of 40 per cent (by sales volume) in 2015, of which Novelis occupied the largest proportion (14 per cent), followed by Alcoa.

    Due to technical constraints, Chinese producers of aluminium rolled products focus mainly on blank and mid- to lower range products markets, compared with predominance of foreign players in high-end aluminium sheets/strips market. Chinese enterprises, including Shandong Nanshan Aluminium Co., Ltd., Jiangsu Dingsheng New Energy Materials, and Zhejiang Dongliang New Material have strengthened their presence in high-end aluminum sheets & strips and foils like automotive aluminium sheets and aerospace aluminium sheet in recent years.

    Source: http://www.alcircle.com
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