The aluminium processing industry, as an integral part of modern industry, has shown a strong growth trend globally in recent years. Aluminium, as a lightweight, high-strength, and corrosion-resistant metal, has a wide range of applications in various fields such as construction, transportation, electricity, and aerospace. China, as the world's largest producer and consumer of aluminum, has seen particularly remarkable development in its aluminum processing industry. At Aluminium Expo, innovations and advancements in this sector are featured displayed.
Aluminium Expo | Analysis Report on the Aluminium Processing Market in 2024
In recent years, the aluminium processing industry has attracted substantial investment, especially in the context of the popularization of new energy vehicles, photovoltaic industry and 5G technology, leading to a significant increase in the demand for aluminium processed products. In September 2024, a total of 12 aluminum projects commenced or were put into production in China, including the recycled aluminum project of Buda Wei Material Recycling Technology Co., Ltd. and the wide-width aluminum plate and strip production line project of Southwest Aluminum Group. These projects not only enhance the production capacity of the aluminum processing industry but also promote technological progress and green development in the sector.
The market size of China's aluminum processing industry has continued to grow in recent years. In 2023, China's aluminum production reached 63.034 million tons, with Shandong Province accounting for as much as 21.41% of the total output, and Henan Province accounting for 16.48%. It is projected that by 2027, China's aluminum production is expected to exceed 100 million tons. This data reflects the strong growth momentum of the aluminum processing industry in terms of output.
Against the background of the national dual-carbon policy, the aluminum processing industry is facing strict environmental requirements and policy orientations. Multiple national departments and provincial and municipal governments have issued relevant policies to strictly control the addition of new electrolytic aluminum production capacity, promote the development of recycled aluminum, and encourage the green transformation of the industry.
With the continuous advancement of technology, aluminum processing techniques are also constantly innovating and improving. Efficient and environmentally friendly technologies continue to emerge, driving the sustainable development of the aluminum industry. The application of smart manufacturing and digital transformation technologies is progressing rapidly, enhancing production efficiency and product quality control levels. For example, at the 2024 Guangdong (Nanhai) Aluminum Processing Industry Technology Conference, nearly a thousand upstream and downstream companies gathered to discuss new technologies, products, and applications in the industry.