In 2014, global aluminum production was 53.13 million tons, and China's output was 27.52 million tons (52% of the world). Judging from the situation in the past 15 years, global aluminum output growth is mainly in China (China compound growth rate is 15%, other regions are 1%).
Pure aluminum has fewer uses, and aluminum is usually processed into aluminum semifinished products (aluminum profiles + aluminum plate strips + castings, etc.). The demand structure of aluminum semi-finished products is: transportation 27%, construction 25%, electricity 13%, institutional equipment 9, foil 8%, packaging 8% and other 10%. The compound growth rates from 2004 to 2014 were 5.2%, 7.6%, 8%, 5.6%, 6%, 3.3% and 4.5%. In the future, under the combined effect of automobile lightweighting, rail transportation, high-speed rail and aircraft lightweighting, transportation aluminum will be the fastest growing industry l aluminum materials: transportation aluminum materials will grow rapidly.
Aluminum sheet and strip: In 2014, global aluminum sheet and foil production was 22.8 million tons (accounting for 30% of global aluminum consumption). Among them, China consumed 7.36 million tons (accounting for 32% of aluminum sheet and strip consumption), followed by North America (20%) and Western Europe (17%), which together accounted for 68%. According to the CRU data, the compound growth rate of aluminum plate, foil and foil consumption in 2009 to 14 years was 8% (consumption growth mainly came from China, and the proportion of China's consumption increased from 12% to 32%). Under the current trend, the demand for aluminum sheet and strips such as automobile thin plates and aviation thick plates is expected to rise in Europe, America and China.It is expected that the future growth rate of aluminum sheet and strip consumption will be more than 10% (especially in the field of automotive thin plates, with the aluminum The application of plates in the four-door and two-cover of new energy vehicles and traditional cars will have a huge demand for plates in the future. According to Ducker's forecast, the amount of aluminum panels used in automobile bodies in 2025 will be 11 times that of 2012).
Aluminum extruded materials: In 2014, global output of extruded materials was 24.36 million tons (accounting for 44% of global aluminum consumption). China is the world's largest consumer of aluminum extruded materials (consumption accounts for more than 60%). Demand for aluminum extrusions outside China is relatively stable (mainly maintained at around 850-900 tons), and demand growth mainly comes from China (the growth rate of demand is basically maintained at about 10%), and it is expected that this growth rate will remain in the next few years The level, in which the growth rate of construction profiles is expected to be around 4%, and the growth rate of industrial profiles is expected to be around 15%. It is recommended to focus on the development of industrial profiles, especially transportation profiles.