Future Development Prospects of Aluminum Industry

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Based on a comprehensive analysis of international and domestic industry development trends, the rigid market demand for aluminum, and the development of new uses for aluminum, the next 30 years will still be a golden strategic opportunity period for aluminum development.

1. There is no turning point in the development curve of aluminum

The biggest difference between the future development of aluminum and steel is that steel has an inflection point on the curve. At the inflection point, the market demand for steel tends to be saturated, and it will turn downward after crossing the inflection point; while aluminum has no inflection point, and will continue to rise in the next 30 years.

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This is due to the implementation of replacing steel with aluminum, replacing wood with aluminum, and replacing other materials with aluminum, which has enabled the application field of aluminum to continue to expand. Low price 5083 aluminum plate and other alloys are widely used in transportation, realizing automobile lightweight.

2. Market need

The market demand for aluminum can be divided into two parts. The first part is the original market of aluminum, and the second part is the new market of aluminum. With the implementation of lightweighting, the aluminization rate of land, sea and air vehicles continues to increase, and the original market for aluminum will continue to expand.

In addition to new energy vehicles, high-speed trains, urban subway light rail, large civil aircraft, ships,etc., urban overpasses, guard booths, aluminum alloy houses, and all-aluminum furniture have also entered the era of large-scale aluminum use. En aw-5754 equivalent material is very popular in the making of passenger vehicles and tanker trucks.

3. Green development

Aluminum has a variety of excellent properties and is particularly in line with the concept of green development. For example, aluminum is light and has only one-third the density of iron and copper. When used as a carrier, it can significantly reduce its own weight and significantly save energy consumption. It is a necessary material for manufacturing rockets, airplanes, spaceships, and satellites.

Another example is that aluminum has a dense oxide protective film on its surface, which is highly corrosion-resistant. It is not afraid of wind and rain, will not rust, and can be recycled and reused repeatedly. It is the metal with the longest life cycle.

Another example is that the energy consumption during recycling of scrap aluminum is less than 5% of the energy consumption of primary aluminum. From the perspective of the entire life cycle, aluminum is the most energy-saving metal.

Aluminum has a strong thermal conductivity. If you use an iron pot to boil water in 10 minutes, it only takes 6 minutes to boil water in an aluminum pot. The energy saving effect is very significant. Therefore, aluminum is considered a "green metal".


Original Source:https://www.aluminumtankerplate.com/a/future-development-prospects-of-aluminum-industry.html

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