New study finds China will remain world's biggest consumer of Aluminium

ReportBuyer.com, the online destination for business intelligence for major industry sectors, has added a new report which finds that China will remain the world's biggest consumer of aluminium.

The publication, 'China Aluminium Market Analysis' which is available at www.reportbuyer.com/go/RCS00472 finds that demand for the light metal has risen very strongly in recent years on the back of rapid economic growth, growing urbanisation, improving domestic infrastructure and industrialisation.

China is the largest consumer and major producer of aluminium and remains the growth engine for global
aluminium industry. This study analyses the impact of the Chinese aluminium industry on the global aluminium industry and assesses the current and future trends shaping the industry.

Key findings of the report:

Primary aluminium output in China hit nearly 12.56 million metric tons in 2007. Rising demand and slowing production are putting pressure on supply-demand balance.

It is expected that from 2008 to 2018, the aluminium industry of China will grow by 12.5% against 7% growth for the global industry during the same period.

Investment in infrastructure and buildings to house the rapidly expanding urban population are the two key factors behind the phenomenal growth in metal demand in China for purely domestic applications.

Energy tightness will be a long-term issue restricting China's primary aluminium production from expanding at its previous pace.

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