China aluminum processing industry development status and market prospects
Aluminum processing refers to the use of plastic processing methods to process billets of aluminum. The main methods are rolling, extrusion, drawing, and forging. The processed products are mainly divided into the following three categories: primary products, products made by direct casting of primary aluminum, without pressure processing, such as high-purity aluminum, aluminum powder, rolled slabs, rolled cast strip, drawing Used wire rods, extrusion ingots, forging billets, etc.; secondary products, press-processed products (plates, belts, foils, tubes, rods, models, wire rods, forged parts, etc.); further processing of pressure-processed products into finished products Or die-casting and casting products processed into parts.
China is the world’s largest aluminum producer and consumer, accounting for nearly 50% of the total, with a total profit of more than RMB 50 billion. China’s aluminum processing industry is at a high-speed growth stage, achieving breakthroughs in major key technology R&D and new product projects. The level of technical equipment in the industry has also been greatly improved, but there is still a gap compared to the advanced level of the world aluminum industry. The deep processing rate is less than 15%. The third generation of aluminum-lithium alloy technology, aluminum body, aerospace aluminum plate and engine manufacturing There is still a gap between the level of technological equipment and design and manufacturing capabilities.
According to the forecast of the International Aluminum Association (IAI), global aluminum consumption will reach 70 million tons by 2020, and the CAGR of the next five years will reach 4.53%.
