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Chinese aluminum processing industry development status and market prospects forecast

- Jul 29, 2018 -

Aluminum deep processing(Precision machining and CNC parts) refers to the plastic processing of aluminum billet ingot into materials, the main methods are rolling, extrusion, stretching and forging. The processing products are mainly divided into the following three categories: primary products, products directly cast from the original aluminum, without pressure processing, such as high purity aluminum, aluminum powder, rolled flat ingot, rolled cast and rolled strip blank, drawn plate, extruded round ingot, forged ingot blank, etc. Secondary products, pressure processing products (board, tape, foil, pipe, rod, type, wire and forging parts, etc.); Further process pressure products into finished products or die casting and casting products into parts.

China is the world's largest aluminum producer and consumer, the overall accounted for nearly 50%, total profits of more than 50 billion, the Chinese aluminum processing industry in a high-speed growth period, the major breakthroughs in key technology research and development and the new product project, industry technical equipment level is improved, but compared with the world advanced level in aluminum industry and gap, deep processing is less than 15%, the third generation of aluminium lithium alloy technology, full body, aerospace aluminum sheet and aluminum engine manufacturing technology and equipment level and ability to design and manufacture of we still have a gap.

According to the international aluminum association (IAI), global aluminum consumption will reach 70m tonnes by 2020, with a compound annual growth rate (CAGR) of 4.53 percent over the next five years. Global aluminum consumption reached 59.03 million tons (excluding recycled aluminum) in 2016 and is expected to reach 6.192 million tons in 2017, up 4.89 percent year on year.


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